PetroSun Inc. PSUD Archives - Page 2 of 2

MondayJun 18, 2007 4:20 am

PetroSun, Inc. (PSUD.PK) Board of Directors Plan for the Second Half of 2007

PetroSun announced today that the Board of Directors has met to review the company’s operations and projects proposed for the rest of this year. It is important for any business to have both long and short term goals. In the Oil and Gas division of the company, PetroSun will focus on its exploration program in Arizona, Western Australia and Queensland during the next six months. The Holbrook Basin of Arizona, Canning Basin EP 417 and EP 442 of Western Australia, and the ATP 626P Stitch of Queensland, Australia will be the specific targets. In the Biofuel division, the company has…

FridayJun 15, 2007 7:22 pm

PetroSun, Inc. (PSUD.PK) Offers an Array of Services

PetroSun is well positioned to profit in the oil industry as they have had 30 years of industry experience. The industry itself offers plenty of opportunities because of the rapid rise in the pricing of oil, natural gas, and related increases in exploration and production activity. PetroSun maintains land-based drilling rigs, in addition to offering drilling and completion services with exploration and production operations. PetroSun’s full range of maintenance and workover services allows the company to work on many different types of projects. Let us hear your thoughts below:

FridayJun 15, 2007 4:55 am

PetroSun, Inc. (PSUD.PK) Completed Initial EP 417 Funding Requirements

Earlier this month, PetroSun announced that it completed the initial funding requirements of the EP 417 Farmin Agreement. PetroSun was assigned a 75% working interest in the Canning Basin permit as the sole funder of the drilling, testing and completion costs of the initial two test wells. The EP 417 property contains many seismic generated geological features including the Lanagan, Lawford and Spinifex which is expected to be tested during Phase Two of the Farmin Agreement. The company plans to initiate its first test by drilling a well on the Lanagan A Prospect later this year. The Lanagan A Prospect…

WednesdayJun 13, 2007 5:05 pm

PetroSun Inc. (PSUD.PK) Announces Promotion through QualityStocks.net

PetroSun will be featured in upcoming Daily Newsletters and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 200,000 subscribers to The Daily Stock Newsletter. It is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. Mr. Gordon LeBlanc Jr., Chairman and CEO of PetroSun, has his company focused on oil and gas exploration, and the algae-to-biofuels industry. Mr. LeBlanc stated, “PetroSun has a unique and solid business foundation, and appreciates the opportunity to sponsor the Quality Stocks Newsletter, Video…

WednesdayJun 13, 2007 3:36 pm

PetroSun, Incorporated (PSUD.PK) Completes Funding for 70 Percent Working Interest in the Canning Basin of Australia

PetroSun, Incorporated (PSUD.PK) reports that it has completed the initial funding requirements of the Exploration Permit 442 Farmin Agreement with New Standard Exploration NL of West Perth, Western Australia. The financial terms included a cash payment of one hundred thousand dollars US to New Standard NL. PetroSun will be assigned a 70% working interest in the Canning Basin permit as the sole funder of the drilling, testing and completion costs of the initial three test wells. PetroSun will be responsible for seventy percent and New Standard NL thirty percent of the costs on all subsequent wells drilled on the farmin leasehold.…

WednesdayJun 13, 2007 4:22 am

PetroSun, Inc. (PSUD.PK) Subsidiary is Committed to Becoming a Global Leader in its Market Sector

Algae BioFuels, a wholly owned subsidiary of PetroSun, realizes that the global environment is changing, and is committed to leading the competition in the development and deployment of renewable energy resources. Microalgae is a different type of oil crop which holds great promise for the future. Plants such as soybeans and sunflowers produce oil, but they require intensive management and may not be able to sustain in the long term due to rising development and production costs. Microalgae has been proven to be capable of producing over 30 times more oil per acre then corn and soybean crops. There is great…

TuesdayJun 12, 2007 4:15 pm

PetroSun Inc. (PSUD.PK)

Petrosun Drilling, Inc., a development stage company, offers a range of oilfield well services in the United States. It provides drilling contractor services, workover services, tubulars, and related supplies and equipment, as well as digital monitoring and surveillance equipment and services in the oil exploration, development, and production industry. The company is based in Phoenix, Arizona.

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