PTRC - Petro River Oil Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0000 (0.00%)
At close: 3:39PM EST
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Previous Close0.5500
Bid0.00 x 0
Ask0.00 x 0
Day's Range0.5100 - 0.5800
52 Week Range0.3073 - 1.7500
Avg. Volume13,995
Market Cap9.866M
Beta (3Y Monthly)2.99
PE Ratio (TTM)N/A
EPS (TTM)-1.14
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.03
Trade prices are not sourced from all markets
  • PR Newswire18 days ago

    Management and Existing Shareholders Increase Stake in Petro River

    NEW YORK, Feb. 1, 2019 /PRNewswire/ -- Petro River Oil Corp. (PTRC) ("Petro River" or the "Company") today announced the closing of (i) a restructuring of the Company's senior debt, and (ii) a financing to fund the drilling of ten additional development and exploration wells in Osage County, Oklahoma (the "New Drilling Program"), and a large exploration venture in the North Sea, UK with Horizon Energy Partners, LLC ("Horizon Energy"). The financing was led by Executive Chairman Scot Cohen's $1.0 million investment, as well as existing shareholders and debt holders.

  • Investopedia5 months ago

    Top 3 Oil and Gas Penny Stocks for 2018

    Oil prices have rallied to four-year highs in October, with Brent crude oil hovering near $85 a barrel, as investors braced for the imminent U.S. sanctions against oil-producing Iran and ignored an industry report showing a big build in weekly U.S. stockpiles. When oil prices were slipping over the last few years, many energy stocks slid too, with some even falling below $1 per share, making them penny stocks. The focus on Iran has overwhelmed other news that might have otherwise sent oil prices lower — including a report from the International Energy Agency (IEA) that U.S. crude inventories rose by 8 million barrels in the last week of September.

  • PR Newswire7 months ago

    Petro River Announces Year End Financials and 2018 Guidance

    Petro River Oil Corp. (OTCBB: PTRC ) ("Petro River" or the "Company") is pleased to announce its year end April 30, 2018 financials and 2018 guidance. Company production has been ramping up, with more than 60% of this new production occurring in the fourth quarter. The Company recorded annual revenues of $723,409 on oil and gas sales for the fiscal year, with $447,491 earned in the fourth quarter ending April 30, 2018.

  • PR Newswire7 months ago

    Petro River Discovers Largest Oil Field in the Company's History

    Petro River Oil Corp (PTRC) ("Petro River" or the "Company"), an independent oil and gas exploration company that utilizes 3D seismic technology to discover and develop oil and gas reserves in proven oil and gas basins, announced today the discovery of its largest oil field with the successful drilling of the Arsaga 25-2 exploration well in Osage County, Oklahoma. The Arsaga 25-2 exploration well was the first of three exploration wells outlined in the Company's 2018 drilling program. Preliminary results indicate 30 feet of productive Mississippian Chat formation, with an estimated ultimate recovery of 50,655 barrels of oil equivalent. The Company plans to provide a 30-day initial production rate or IP rate in September 2018.

  • PR Newswire8 months ago

    PTRC set to Drill Third and Largest Exploration Field

    Petro River Oil Corp. (PTRC) ('Petro River' or the 'Company'), an independent oil and gas exploration company that utilizes 3D seismic technology to discover and develop oil and gas reserves in proven oil and gas basins, plans to drill an exploration well in the Arsaga field, potentially its largest field in Osage County, OK. Following the company's success in the North and West Blackland fields, the Arsaga exploration well marks the commitment of the company's expansionary 2018 drilling program. Mr. Stephen Brunner, President of Petro River, commented, "The exploration well in the Arsaga field is the beginning of our new drilling program within our concession of Osage County.

  • PR Newswire8 months ago

    Petro River Announces Continued Drilling Success in Osage County and Corporate Update

    The North Blackland field was discovered by the successful drilling of the 2-34 exploration well spud on April 15, 2018 and confirmed by the 2-35 well spud on May 16, 2018.  Based on the reserve report dated May 1, 2018 prepared by Cawley, Gillespie & Associates ("CGA"), an independent petroleum engineering firm, the Company projects reserves of 78,154 barrels of oil equivalent per well in the North Blackland field. The Arsaga and Section 13 exploration wells, which the Company anticipates drilling within the next 45 days, will test approximately 2,650 acres with a potential of up to 130 wells (based on 20 acre spacing) and, based on the reserve report, estimated ultimate recovery of 50,761 barrels of oil equivalent per well.

  • ACCESSWIRE8 months ago

    Petro River Reports 175% Increase in Proved Reserves and 1,053% Increase in Production

    Projects Positive Net Cash Flow for Next Quarter and Doubles Down on 2018 Development Plans NEW YORK, NY / ACCESSWIRE / June 20, 2018 / Petro River Oil Corp . (OTC PINK: PTRC ) (''Petro River'' or the ...

  • ACCESSWIRE9 months ago

    Petro River Oil Discovers North Blackland Field in Osage County, OK

    The initial 30-day production rate, or IP rate, was 155 barrels of oil per day. The North Blackland Field is approx. 200 acres and the Company expects to drill an additional 8 to 10 wells to develop the structure. This discovery continues to validate the Company's use of 3D seismic technology to identify oil structures that were overlooked in historically prolific areas.

  • ACCESSWIRE11 months ago

    Petro River Announces Successful Drilling of 8 West Blackland Field Development Wells in Osage County, OK

    NEW YORK, NY / ACCESSWIRE / April 2, 2018 / Petro River Oil Corp. (OTC PINK: PTRC) ("Petro River" or the "Company") is pleased to provide an update on the development activities on ...

  • Investopedialast year

    Top 4 Oil and Gas Penny Stocks for 2018

    The drop in oil prices has created penny stocks in the oil and gas industry.