May 24, 2011
SHAWNEE, OKLAHOMA--(May 24, 2011) - Precision Petroleum Corporation (OTCBB:PPTO) is pleased to report that both of their Plummer wells have undergone remedial work and have been put back online. The wells are located in Garvin County, Oklahoma .....
May 6, 2011
OKLAHOMA CITY, OKLAHOMA--(May 6, 2011) - Precision Petroleum Corporation (OTCBB:PPTO) is in the process of having its Plummer #1 and Plummer #2 wells recompleted by the operator of record in order to enhance their current oil production. The wells are located in Garvin .....
April 30, 2011
OKLAHOMA CITY, OKLAHOMA--(April 30, 2011) - PRECISION PETROLEUM CORPORATION (Nevada Company) (OTCBB:PPTO) - Precision Petroleum Corporation and its partners have entered into an agreement with CAVU Resources Incorporated to sell 50% ownership in our Montana prospect in the Powder River Basin .....
April 29, 2011
OKLAHOMA CITY, OKLAHOMA--(April 29, 2011) - Precision Petroleum Corporation (OTCBB:PPTO) - Precision Petroleum Corporation and its partners have entered into an agreement with CAVU Resources, Inc. to sell its 50% share of the Montana Prospect in the Powder River Basin which consists of a 1,600 acre lease with additional acreage lease options .....
April 15, 2011
OKLAHOMA CITY, OKLAHOMA--(April 15, 2011) - Precision Petroleum Corporation (OTCBB:PPTO) can now report that their McNeil #1 in Garvin County, Oklahoma is in the process of being connected to the Scissortail gas line which hopefully should be completed by the following week .....
March 28, 2011
OKLAHOMA CITY, OKLAHOMA--(March 28, 2011) - Precision Petroleum Corporation (OTCBB:PPTO) - Precision Petroleum Corporation is pleased to report that the frac treatment procedure is completed and is now flowing back on their McNeil #1 which is located in the NW/4 of Section 27, T3N, and R1W in Garvin County, Oklahoma. .....
March 10, 2011
OKLAHOMA CITY, OKLAHOMA--(March 10, 2011) - Precision Petroleum Corporation (OTCBB:PPTO) has just completed their first attempt in shutting off saltwater on their Thompson #2 well in Garvin County, Oklahoma. Their procedure consisted of setting a retainer plug above the First Bromide Sand .....
March 2, 2011
OKLAHOMA CITY, OKLAHOMA--(March 2, 2011) - Precision Petroleum Corporation (OTCBB:PPTO) is pleased to disclose that during the year of 2010 management has been primarily focused on increasing reserve value by improving the company balance sheet and increasing the cash flow by reducing operating expenses. .....
February 25, 2011
OKLAHOMA CITY, OKLAHOMA--(Feb. 25, 2011) - PRECISION PETROLEUM CORPORATION (Nevada Company) (OTCBB:PPTO) - Precision Petroleum Corporation has recently instituted a capital re-organization of its structure. The Company has decreased its total liabilities from $1.3 million usd as of September 30, 2010 to $531,000 usd. Based on the Company's January 6, 2011 economic evaluation .....
February 18, 2011
OKLAHOMA CITY, OKLAHOMA--(Feb. 18, 2011) - PRECISION PETROLEUM CORPORATION (Nevada Company) (OTCBB:PPTO) - Recent engineering and geological analysis of a major acid frac on the White No. 12-1 well, Pottawatomie County, Oklahoma has indicated the potential for an additional .....
February 14, 2011
OKLAHOMA CITY, OKLAHOMA--(Feb. 14, 2011) - PRECISION PETROLEUM CORPORATION (Nevada Company), (OTCBB:PPTO) - Richard Porterfield, President and Petroleum Geologist stated; "that a major re-work program on 3 Quinlan wells could reasonably increase revenue by $10,000.00 per month." .....
February 9, 2011
OKLAHOMA CITY, OKLAHOMA--(Feb. 9, 2011) - PRECISION PETROLEUM CORPORATION (Nevada Company) (OTCBB:PPTO) - The McNeil #1 well has been our center of attention over the past 3 weeks. The company geologists had advised that we needed to challenge the potentia .....
February 7, 2011
OKLAHOMA CITY, OKLAHOMA--(Feb. 7, 2011) - Precision Petroleum Corporation (OTCBB:PPTO) - Precision Petroleum Corporation is pleased to announce that it has participated in a 7 well producing and development project. The operator has completed the first phase .....
February 7, 2011
GARVIN COUNTY, OKLAHOMA--(Feb. 7, 2011) - Precision Petroleum Corp. (OTCBB:PPTO), the company continues to evaluate and engineer each well and lease in the Oklahoma region to ensure that the company will maximize oil and gas reserves .....
February 4, 2011
SHAWNEE, OKLAHOMA--(Feb. 4, 2011) - Precision Petroleum Corporation (OTCBB:PPTO), a Nevada company, is pleased to announce that it has purchased 58.375% of the Thompson #2 well located in Garvin County .....
January 24, 2011
SHAWNEE, OKLAHOMA--(Jan. 24, 2011) - Precision Petroleum Corporation (OTCBB:PPTO) has purchased a 5% WI in a seven well package located in Garvin County, Oklahoma. The sale was effective September 1, 2010 which includes reconditioned downhole equipment .....
March 30, 2010
OKLAHOMA CITY, OKLAHOMA--(March 30, 2010) - PRECISION PETROLEUM CORPORATION (Nevada Company), (OTCBB:PPTO) (the "Company") is pleased to announce that it is finalizing a technical analysis of the Booch Sandstone drilling prospect in Seminole County, Oklahoma. .....
November 30, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - Nov. 30, 2009) - Precision Petroleum Corporation (OTCBB:PPTO) (the "Company") is pleased to announce that it has purchased 58.375% of the Thompson No. 2 well .....
October 20, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - Oct. 20, 2009) - PRECISION PETROLEUM CORPORATION (Nevada Company), (OTCBB:PPTO) Precision Petroleum Corporation (the "Company") is in negotiations with a private oil and gas company to acquire a 57% working interest in Thompson .....
October 5, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - Oct. 5, 2009) - PRECISION PETROLEUM CORPORATION - (OTCBB:PPTO) - (Nevada Corp) Richard Porterfield, President, has advised that based on a recent geological and engineering survey of the Oil Creek Sandstone in Section 5 of .....
August 28, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - Aug. 28, 2009) - PRECISION PETROLEUM CORPORATION - (OTCBB:PPTO) - (Nevada Company). Precision Petroleum Corporation (the "Company") has commenced with remedial completion work on the Viola Limestone in the Ward/McNeil No. 1 well, located in Garvin County, Oklahoma. The McNeil No. 1 .....
August 21, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - Aug. 21, 2009) - PRECISION PETROLEUM CORPORATION - (OTCBB:PPTO) - Precision Petroleum Corporation (Nevada Company) (OTCBB:PPTO). Precision Petroleum Corporation (the "Company") has concluded the purchase of a further overriding royalty interest (ORRI) in the Farley Lease, located in Nowata County .....
August 19, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - Aug. 19, 2009) - PRECISION PETROLEUM CORPORATION - (OTCBB:PPTO) - Precision Petroleum Corporation (Nevada Company). President, Richard Porterfield, recently stated that "have been notified by the operator that they are in the process of remedial upgrades .....
August 14, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - Aug. 14, 2009) - Precision Petroleum Corporation (the "Company") (OTCBB:PPTO) continues to extend its oil production expansion program. .....
Jul 14, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - July 14, 2009) - PRECISION PETROLEUM CORPORATION - (OTCBB:PPTO) - Precision Petroleum Corporation (Nevada Company - OTCBB:PPTO). Precision Petroleum Corp. (the "Company") has recently purchased an interest in Quinlan No. 4 located in Pottawatomie County, Oklahoma. .....
July 13, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - July 13, 2009) - PRECISION PETROLEUM CORPORATION - (OTCBB:PPTO) - Precision Petroleum Corporation (Nevada Company - (OTCBB:PPTO)). Precision Petroleum Corp. (the "Company") has acquired a 100% working interest .....
June 25, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - June 25, 2009) - PRECISION PETROLEUM CORPORATION (OTCBB:PPTO) - Precision Petroleum Corporation (Nevada Company) (the "Company") has recently completed the purchase of a working interest in an oil and gas lease in Garvin County, Oklahoma. .....
June 15, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - June 15, 2009) - PRECISION PETROLEUM CORPORATION (OTCBB:PPTO) - Precision Petroleum Corporation (Nevada Company) (the "Company") has completed the purchase of an 88% working interest of the White No. 12-1 Well in Pottawatomie County, Oklahoma. ....
June 12, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - June 12, 2009) - Precision Petroleum Corporation (Nevada Company) (OTCBB:PPTO). Precision Petroleum Corporation (the "Company") is currently in negotiations to purchase up to 88% working interest of a producing well in Pottawatomie County, Oklahoma......
June 9, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - June 9, 2009) - Precision Petroleum Corporation (OTCBB:PPTO) (the "Company") has acquired an interest in Quinlan #3 in the NE/4 of Section 19, T11N-R5E, Pottawatomie County, Oklahoma. This well produces oil and gas from the Hunton Limestone.....
June 8, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - June 8, 2009) - PRECISION PETROLEUM CORPORATION - (OTCBB:PPTO) - Richard Porterfield, Petroleum Geologist and President of Precision Petroleum Corporation (the "Company") stated that the Company has completed the purchase agreement.....
June 4, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - June 4, 2009) - PRECISION PETROLEUM CORPORATION - (OTCBB:PPTO) - Precision Petroleum Corporation (Nevada Company) (the "Company") has been advised by its technical consultants that a re-completion and deepening of the Sharon #1 well should enhance the production capacity.....
June 3, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - June 3, 2009) - PRECISION PETROLEUM CORPORATION - (OTCBB:PPTO) - Precision Petroleum Corporation is pleased to announce the appointment of Mr. James Kirby as the Corporate Chief Financial Officer effective June 3, 2009.....
June 1, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - June 1, 2009) - PRECISION PETROLEUM CORPORATION (OTCBB:PPTO) - Precision Petroleum Corporation (the "Company") has advised that the Company has acquired a substantial interest in a very successful well which was recently completed in the Hunton Limestone. The well located in Seminole County is in the....
May 26, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - May 26, 2009) - PRECISION PETROLEUM CORPORATION (OTCBB:PPTO) - Richard Porterfield, Petroleum Geologist and President of Precision Petroleum Corporation (Nevada Company) (the "Company"), advised that the Company has acquired an interest in Karsyn #1....
May 20, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - May 20, 2009) - PRECISION PETROLEUM CORPORATION (OTCBB:PPTO) - Richard Porterfield, Petroleum Geologist and President of Precision Petroleum Corporation (the "Company"), advised that the Company has just negotiated to purchase a Thurman Sand oil producer named....
May 19, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - May 19, 2009) - PRECISION PETROLEUM CORPORATION (OTCBB:PPTO) - Richard Porterfield, Petroleum Geologist and President of Precision Petroleum Corporation (the "Company") advised that the Company is presently in pursuit of an interest in an oil and gas location in....
May 18, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - May 18, 2009) - PRECISION PETROLEUM CORPORATION (OTCBB:PPTO) - Richard Porterfield, Petroleum Geologist and President of Precision Petroleum Corporation (the "Company"), advised that the Company has finalized negotiations on a petroleum lease acquisition as a....
May 18, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - May 18, 2009) - PRECISION PETROLEUM CORPORATION (OTCBB:PPTO) (the "Company") advised that the Company has now successfully acquired its fifth producing lease. Today, the Company announces the purchase of a working interest in Sharon #1....
May 1, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - May 1, 2009) - PRECISION PETROLEUM CORPORATION (OTCBB:PPTO) - Richard Porterfield, Petroleum Geologist and President of Precision Petroleum (the "Company") advised that the company in keeping with its acquisition plans to acquire producing leases....
April 17, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - April 17, 2009) - In a news release Dated February 27, 2009, Precision Petroleum Corporation (the "Company") (OTCBB:PPTO) announced the purchase of an interest in a producing Viola Limestone well, Teresa #1.....
April 6, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - April 6, 2009) - In a news release Dated February 27, 2009, Precision Petroleum Corporation (the "Company") (OTCBB:PPTO) stated it had acquired a working interest in the Mason Burns #2 oil well located in Garvin County, Oklahoma....
March 20, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - March 20, 2009) - Precision Petroleum Corporation (Nevada Company) (OTCBB:PPTO) (the "Company") is pleased to advise that as a continuation of the company's objectives to acquire proven and producing oil and gas leases....
March 12, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - March 12, 2009) - In a news release dated February 27, 2009, Precision Petroleum Corporation (OTCBB:PPTO) announced the conclusion of an agreement to explore 10 leases in the State of Montana. In order to proceed with this program, Precision has engaged Ramsey Engineering, a petroleum....
February 27, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - Feb. 27, 2009) - Precision Petroleum Corporation (Nevada Company) (OTCBB:PPTO) Precision Petroleum Corporation (the "Company") is pleased to advise that negotiations have been completed whereby....
January 30, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - Jan. 30, 2009) - Precision Petroleum Corporation (Nevada Company) (OTCBB:PPTO). Precision Petroleum Corporation has consummated an agreement with Nitro Petroleum Incorporated as of January 28, 2009 pursuant....
January 28, 2009
OKLAHOMA CITY, OKLAHOMA--(Marketwire - Jan. 28, 2009) - Precision Petroleum Corporation (Nevada Company) (OTCBB:PPTO) is pleased to announce that it has entered into a letter of intent with Nitro Petroleum Corporation to purchase 50% of a new venture...