Petro River Oil presents at EnerCom’s The Oil & Gas Conference®
During Petro River Oil’s breakout session, management was asked the following questions:
- Do you envision being a company giving a steady dividend?
- I think you have an $18 million receivable on your balance sheet; How did that come about? And do you think you will realize it?
- Your interest in California, is that where the California Resources Company (CRC) is as well?
- Can you talk about your prioritization of capital expenditure?
- Are you talking about listing on the NYSE or NASDAQ?
- What is the advantage of being a public company? Why not stay private?
- Won’t there be a conflict of interest on every deal that you make?
- You’re the first company here, I’ve heard talking about seismic. How much will it cost? Is it already funded? And do we really need it?
- How many wells would you drill in Oklahoma until you decide to stop in this structure or go on drilling other wells?
- Stephen Brunner: how similar do you consider this endeavor to be to what you did previously at Constellation Energy Partners?
- If you find Oil in Oklahoma, are there pipelines, plants, roads already in place?
- What’s the cost of transportation/marketing per barrel of oil?
- So you are currently not targeting any shale plays?
You can listen to Petro River Oil’s presentation by clicking here.
Petro River Oil Corp. (OTCBB: PTRC) is an independent energy company with its core holdings in Northeast Oklahoma, the Larne Basin in Northern Ireland, and Mountain View, California. Petro River’s strategy is to apply modern technology, such as 3D seismic analysis to exploit hydrocarbon-prone resources in historically prolific plays and underexplored prospective basins to build reserves and to create value for the company and its shareholders.
