Thursday, September 3, 2026
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Petro River Closes Horizon I Acquisition, Provides Operations Update

New York, New York – May 4, 2016. Petro River Oil Corp. (OTCBB: PTRC) (“Petro River” or the “Company”) is pleased to announce that it has completed its acquisition of Horizon I Investments, LLC (“Horizon Investments”) in an all-stock transaction. As previously disclosed, as a result of the closing, Petro River acquired $5.0 million in cash and receivables, and an indirect

Crude Oil Inventory Build is Five-Times Larger than Expected

U.S. crude oil inventories grow by 2.8 MMBO Oil prices are down today after an inventory build that exceeded economists’ estimates by a factor of five. According to data from Bloomberg, economists estimated an average build of 556 MBO, but the numbers released by the DOE today showed a build of 2.8 MMBO, bringing total inventories to 543.4 MMBO as

Analysts have been publicly claiming that a drop in the value of the U.S. dollar is coming. Of course, this has implications for oil - Oil & Gas 360

New Oil Company Data Points and Operating Metrics Available on Oil & Gas 360®

Oil & Gas 360® has updated financial information for the energy companies listed on the home page. Companies who have reported results for the quarter ending 3/31/2016 have been updated and can be found on their respective 360 Profile Pages. Links to the profile company financial and operations data and access to downloadable tear sheets are linked on the Oil