Petron Energy II Inc
(OTCBB: PEII)
| Exchange: | OTCBB |
| Stock: | Petron Energy II Inc |
| Industry: | Oil & Gas Drilling & Exploration |
| Employees: | 8 |
| Petron Energy II, Inc., formerly Restaurant Concepts of America Inc., is engaged in developing oil and gas properties. The Company is operating in Oklahoma and Texas properties. In Oklahoma property, the Company purchased a 75% interest in approximately 2600 acres with 59 wells in Wagoner and Tulsa Counties, Oklahoma. The Company has 56 existing wells and three newly drilled wells. This acreage has 5 to 7 payzones, which are producing oil, gas and or both commodities. In Texas property, the Company agreed to acquire approximately 2800 acres in Munday (Knox County) Texas, this property is comprised of 48 wells. The property has 34 of 48 wells producing commercial quantities of oil. |
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations data provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.
