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The Next White Hot Stock?
- From: "Caleb Hutchinson" <chutchinsonhq at finh dot com>
- To: ecos-bugs at sources dot redhat dot com
- Date: Wed, 21 Dec 2005 23:09:46 +0000
- Subject: The Next White Hot Stock?
PREMIUM PETROLEM, INC.
Symb0l: PPTL . PK
Currently trading from 1.5 - 2 cents
3 Day Target_Price: $0.05
Watch this one ALL WEEK!!
Premium Petroleum, Inc. retains Seismic Contractor.
Survey Crew mobilized on Boyne Lake project.
Company expects to report seismic results in the
first part of January 2006.
Thursday December15, 2005; 10:00 am ET
CALGARY, Alberta-- (BUSINESS WIRE)?December 15, 2005-
-Premium Petroleum Inc. (PINK SHEETS: PPTL - News)
announces that it has engaged the well respected
contracting firm of Boyd Exploration Consultants Ltd
to conduct the shooting of its recently designed
seismic program. Premium Petroleum Inc. is also pleased
to announce that surveying crews have been mobilized.
The seismic program is comprised of three seismic lines
for a total of 8.6 km. The lines will tie in the
neighbor?s successfully tested well (3.4 mmcf/day AOF ?
absolute open flow) three quarters of a mile NW of our
property and in addition will also incorporate parts of
two neighboring sections along with the Company owned
section.
The objective of the seismic program is to create a
picture of the geologic structure, which will assist in
determining the optimum drill location. Seismic data
results from Boyne Lake prospect to be interpreted and
announced by first week of January 2006.
Bruce Thomson, President & CEO, states ?the power of
seismic is that it raises the probability of success ?
in this case from an estimated 35% to an estimated
70% plus?.
About Premium Petroleum, Inc.
Premium is set to exploit petroleum and natural gas
reserves in an environment of unprecedented commodity
prices and under the guidance of a highly qualified
management and technical team
Premium is an emerging junior oil and gas company
financially well connected, coupled with a strong
management and technical team focused on exploiting oil
and gas reserves in the Western Canadian Sedimentary
basin to 6000 feet in depth. Management intends to
pursue a growth strategy through Land Assembly, Joint
Ventures (Farmin / Farmout), and Acquisitions.
The Company has assembled a seasoned team of managersand
technical professionals in the areas of geology,
engineering, and legal. With the depth of the management
and technical team we have assembled, Premium is poised
for aggressive asset growth and development?.
Radar this one now!!
_______________________________
disc|aimer
Informati0n within this emai| c0ntains "f0rw4rd_l00king
st4tements" within the meaning of Sect10n 27A_of the
Secur1t1es_Act of_1933 and Sect10n 21B of the_S3cur1t1es
Exch4nge_Act of_1934. Any_st4tements that express or
inv0|ve discussi0ns with respect to predicti0ns,_g0als,
expectati0ns, be|iefs, p|ans, pr0jecti0ns, objectives
,assumptions or future events or performance are not
statements of hist0rical fact and may be "f0rw4rd
l00k1ng statements."In compliance with Sect10n_17(b),
we disc|ose the p4yment of 35OO do||4rs pri0r to the
pub|ication of this report. Be aware of an inherent
conflict of interest resulting from such p4yment.