Deals - Acquisition, Mergers, Divestitures
Petro River Talks Development Plans for MidCon, Ireland Assets
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Petro River Oil Corp. reported an update on our ongoing corporate activities, as well as the development plans for our core acreage in Osage County and our interest in several projects accessible through our pending acquisition of Horizon I Investments, LLC.
Key Points: Petro River is currently developing a vertical drilling program on the Pearsonia West Concession, and has engaged several potential industry partners to participate in the drilling campaign.Petro River's management team has taken proactive steps to enable the Company to take advantage of falling energy prices and has thus positioned the Company for growth in a wide range of price environments.
1. Over the last several months, the Company has added key members to the management team, including, but not limited to, the…
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