DIVERSIFIED GLOBAL EXPLORERS

UTILIZING MODERN TECHNOLOGYDISCOVERING OVERLOOKED OIL STRUCTURESFOCUSED ON HIGH RATE RETURN ASSETS

DIVERSIFIED GLOBAL EXPLORERS

UTILIZING MODERN TECHNOLOGY.DISCOVERING OVERLOOKED OIL STRUCTURES.FOCUSED ON HIGH RATE RETURN ASSETS.

Current Stock Price

(Click for live feed & charts.)

 

Focus

1. Core assets in California and Oklahoma have produced more than 200MM barrels of oil.

 

2. U.K. North Sea located in the shallow basin of the Zechstein region.

 

3. U.K. North Sea project within close proximity to major discoveries in 2019.

Robust & Scaled Growth Profile

1. Robust growth and success utilizing 3D seismic to discover, extend AND develop new
fields.

   

2. Two direct projects in Osage County Oklahoma, and the United Kingdom.

   

3. Began new 10 well program in Osage County in Q1 of 2019 by drilling three exploration wells. Seven additional wells are planned to be drilled as a part of this program.

Financial Strength & Flexibility

1. Petro River is fully funded with zero debt.

 

2. Over $50M invested to date.

 

3. Initial 10-well drilling program has resulted in positive cash flow capable of funding Petro’s North Blackland expansion in 2019 with as many as 10 new wells.

 

4. Combined production of 1,150 bbls/day across both California projects.

Proven Management Team

1. Experienced and seasoned management team.

 

2. Strong geoscience and engineering expertise

 

wallstreet
fox-business_WHITE
forbs
oil360
snnlogo_WHITE

Featured On

wallstreet
snnlogo_WHITE
fox-business_WHITE
forbs
oil360

Corporate Strategy

We pursue scalable, repeatable and lucrative drilling programs in shallow, proven oil & gas basins.

  • ACQUIRE

    Contiguous acreage blocks in portions of proven oil & gas basins not previously explored with 3D seismic.

  • EXPLORE

    Utilize modern 3D Seismic technology to identify low-cost and high-return prospects,
    particularly those with stacked and multi-zone potential.

  • DEVELOP

    Implement scalable and repeatable development programs by focusing on low-risk, multi-pay reserves.

Corporate Strategy

We pursue scalable, repeatable and lucrative drilling programs in shallow, proven oil & gas basins.

  • ACQUIRE

    Contiguous acreage blocks in portions of proven oil & gas basins not previously explored with 3D seismic.

  • EXPLORE

    Utilize modern 3D Seismic technology to identify low-cost and high-return prospects,
    particularly those with stacked and multi-zone potential.

  • DEVELOP

    Implement scalable and repeatable development programs by focusing on low-risk, multi-pay reserves.

Using modern tech in a proven industry.

Map Without 3D Seismic Technology Map With 3D Seismic Technology

Using modern 3-D Seismic acquisition, processing and interpretation technologies, Petro has made two field discoveries, and identified numerous drilling targets under 4,480 acres of structural enclosures. This same seismic is driving the Company’s successful development and expansion of its West Blackland and North Blackland discoveries.

Using modern tech in a proven industry.

Map Without 3D Seismic Technology Map With 3D Seismic Technology

Using modern 3-D Seismic acquisition, processing and interpretation technologies, Petro has made two field discoveries, and identified numerous drilling targets under 4,480 acres of structural enclosures. This same seismic is driving the Company’s successful development and expansion of its West Blackland and North Blackland discoveries.

Exploration in the North Sea

Picture1
  • Location

    Offshore, United Kingdom

  • License Area

    600,000 Acres

  • Working Interest

    14.5455% Membership Interest Owned by Petro River

  • 2019 Drilling Plan

    Horizon has sponsored a new 3D seismic survey which is currently being acquired over a material portion of the licenses.

Production In Kern County, CA

Why Kern County?

The Landscape: The San Joaquin Valley is home to twenty-one giant oil fields which have each produced over 100 million barrels of oil and four super giant fields which have produced over 1 billion barrels of oil. All super giant fields are located in Kern County.

Four Oil Giants of Kern County
Midway Sunset:       3.4 Billion Barrels of Oil
Kern  River:               2.5 Billion Barrels of Oil
South Belridge:        2.0 Billion Barrels of Oil
Elk Hills:                    1.5 Million Barrels of Oil

Reasons for ExplorationConventional drilling Limited Competition 
Attractive Oil Prices
Lack of Available Modern 3D Seismic Data
Immediate Production Capability

Screen Shot 2019-04-09 at 3.42.56 PM

MOUNTAIN VIEW

mmmountainbiew

Mountain View Project

  • 5,750 Acres
  • One well producing 400 flowing barrels per day.
  • Permanent production facility, anticipated to be completed by year-end 2019, capable of accommodating 1,500 barrels of oil per day.

GRAPEVINE

Graqpevine image

Grapevine Project

  • 1,500 Acres
  • Currently drilling three wells at 750 barrels per day.
  • Permanent production facility in place.

The California Projects in Kern County, California are operated by wholly owned subsidiaries of Horizon Energy Partners, LLC, of which Petro River Oil Corp. owns 14.52%. President of Petro River Oil Corp. Stephen Brunner also sits on the Board of Directors of Horizon Energy Partners, LLC.

.

Hover on the blue markers to see
the
current status of each well.

null

West Blackland 4-3
Drilled & Completed

West Blackland 8-3
To Be Drilled

West Blackland 9-3
Drilled & Completed

West Blackland 3-3
Currently Drilling

West Blackland 2-3
Drilled & Completed

West Blackland 7-3
To Be Drilled

West Blackland 6-3
Drilled & Completed

West Blackland 5-3
Drilled & Completed

West Blackland 1-3
Drilled & Completed

2-34

South Red Eagle 1-34

Drilling Our New 10 Well Program in Osage County

Drilling Our New 10 Well Program in Osage County

null

West Blackland 4-3
Drilled & Completed

West Blackland 8-3
To Be Drilled

West Blackland 9-3
Drilled & Completed

West Blackland 3-3
Currently Drilling

West Blackland 2-3
Drilled & Completed

West Blackland 7-3
To Be Drilled

West Blackland 6-3
Drilled & Completed

West Blackland 5-3
Drilled & Completed

West Blackland 1-3
Drilled & Completed

2-34

South Red Eagle 1-34

Click on the blue markers to see the current status of each well.

Why Osage? Our concession is rich with history, and oil.

NEW DATA

July 2016: 35 square miles of 3D seismic reprocessed; defined 4,480 acres of structural closures; multiple target formations, both Pennsylvanian and Mississippian aged.

LOW COST DRILLING

Development and production costs of $200,000 per well.

PROLIFIC BASIN

Over 200 million BO produced from historical vertical production adjacent to our concession area.

FIELD DISCOVERIES

Two field discoveries in 2017: S. Blackland & W. Blackland fields. Proved structure potential of ~1.26 million BOE. N. Blackland field discovery in 2018: proved structure potential of ~1.26 million BOE.

ADDITIONAL POTENTIAL

Petro River has initiated its new 10 well program in Osage County starting with three initial wells. Results will be issued upon the completion of the three wells.

Why Osage?

Our concession is rich with history, and oil.

NEW DATA

July 2016: 35 square miles of 3D seismic reprocessed; defined 4,480 acres of structural closures; multiple target formations, both Pennsylvanian and Mississippian aged.

LOW COST DRILLING

Development and production costs of $250,000 per well.

PROLIFIC BASIN

Over 200 million BO produced from historical vertical production adjacent to our concession area.

FIELD DISCOVERIES

Two field discoveries in 2017: S. Blackland & W. Blackland fields. Proved structure potential of ~1.26 million BOE. N. Blackland field discovery in 2018: proved structure potential of ~1.26 million BOE.

ADDITIONAL POTENTIAL

We have identified a 2,000 acre structure; exploration wells to be drilled in 2018; several additional structures identified within the 106,500 acre concession.

0

ACRES FOR DRILLING
UP TO

0

EXPLORATION/ DEVELOPMENT WELLS

$0

DRILLING & COMPLETION COST PER WELL

$0+ MILLION

PROJECTED LIFETIME CASHFLOW PER WELL

Video

Video

Are you an investor?

View our Corporate Deck, or schedule a call with investor relations.

Are you an investor?

View our Corporate Deck, or schedule a call with investor relations.

Send us a Message

Invalid Email
Invalid Number

WE WOULD LOVE TO HEAR FROM YOU

Petro River Oil (NYC)
55 Fifth Avenue, Suite 1702
New York, NY 10003

Petro River Oil (Houston, TX)
4582 Kingwood Drive Suite E, Box 521
Kingwood, TX 77345

Phone: 1-469-828-3900
Email: ir@petroriveroil.com

WANNA SAY SOMETHING?

Send us a Message

Invalid Email
Invalid Number

WE WOULD LOVE TO HEAR FROM YOU

Petro River Oil (NYC)
55 Fifth Avenue, Suite 1702
New York, NY 10003

Petro River Oil (Houston, TX)
4582 Kingwood Drive Suite E, Box 521
Kingwood, TX 77345

Phone: 1-469-828-3900
Email: ir@petroriveroil.com

Sign Up For Our Oil Discovery Updates

Something went wrong. Please check your entries and try again.

© COPYRIGHT 2018 PETRO RIVER OIL CORP.

Sign Up For Our Oil Discovery Updates

Something went wrong. Please check your entries and try again.

© COPYRIGHT 2018 PETRO RIVER OIL CORP.

PRIVACY POLICY