Post Tagged with: "Ticker: PTRC"

Petro River Oil Announces Spudding of the Woodburn Forest-1 Test Well in Larne Basin, Northern Ireland

Petro River Oil Announces Spudding of the Woodburn Forest-1 Test Well in Larne Basin, Northern Ireland

Petro River UK Limited, the UK subsidiary of Petro River Oil Corp. (OTCBB: PTRC), announced that drilling operations on the Woodburn Forest-1 Well in Larne Basin, Northern Ireland, are underway.

In a press release today the company said that the …

Oil in the U.K.: Largest Uptick in Annual Production Since 1998

Oil in the U.K.: Largest Uptick in Annual Production Since 1998

Production in the U.K increased 100 MBOPD in 2015

Petroleum production in the U.K. showed an increase in 2015 – after many years of steady decline. Fields brought online in the second half of 2014, along with some brought on …