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Thu, 17 Aug 2006 00:03:11 +0180
This has already started to climb.
Up .23 on Monday alone
Up another .45 Tuesday!
Up another .37 Wend!
We predict the growth to climb over 3.00 in the next 5 days of trading.
Get PSUD First Thing Today!
This Is Going To Explode!
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Current Price: 1.85
5 day forcast 3.20
PetroSun Acquires 985,000 Acres of Oil and Gas Mineral Rights in New Mexico and
Wednesday August 9, 5:53 pm ET
Aug 9, 2006 -- PetroSun Drilling, Incorporated (Other OTC:PSUD.PK - News),
announced today that the company has entered into a lease agreement with NZ Oil
and Gas, LLC that contains 985,000 acres of oil and gas mineral rights in New
Mexico and Arizona. The leasehold includes prospective acreage in the San Juan
Basin of New Mexico and the Holbrook Basin of Arizona that was reviewed in an
independent Qualitative Assessment of Oil and Gas Potential by the Ryder Scott
The initial term of the leasehold agreement is for a period of five years.
During this timeframe, PetroSun plans to engage in strategic joint ventures
with industry partners to fully exploit the prospective acreage. PetroSun
subsidiaries, Bengal Drilling and Bobcat Pipe & Supply, will provide the
drilling services, pipe and equipment for the projects. The Company intends to
begin its exploration activities within the NZOG leasehold during the third
quarter of 2006.
The San Juan Basin is the second largest natural gas field in the contiguous
United States. The basin contains more than 300 oil and gas fields that produce
from the Paleozoic, Jurassic, Cretaceous and Tertiary reservoirs.
The Holbrook Basin of Apache County, Arizona contains former helium producing
fields (Pinta Dome, Navajo Springs and East Navajo Springs) and promising
indications of oil, natural gas, helium and CO2 from exploration wells drilled
within the basin.
PetroSun Corporate Update
Tuesday August 8, 1:30 pm ET
PHOENIX, AZ--(MARKET WIRE)--Aug 8, 2006 -- PetroSun Drilling, Incorporated
(Other OTC:PSUD.PK - News) announced today that the company has filed its March
31, 2006 quarterly financial statement with Pink Sheets.
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