Oil – Primary Petroleum Corporation (TSXV:PIE,OTCQX:PETEF) reports completion of Phase I drilling, coring and logging on its Pondera-Teton Prospect located in the Southern Alberta Basin Bakken Fairway in NW Montana, and is moving forward with a secondary drilling and production-testing program of up to four vertical wells.
Oil – Primary Petroleum Corporation(TSXV:PIE) announced updates on the Saturn Prospect in Daniels County after the completion of its annual review of non-core assets. The Company approved the divestiture of the Saturn Prospect for $3,400,000. Primary Petroleum is focusing on its Southern Alberta Basin prospect for the remainder of 2012.
A normal course issuer bid to purchase up to 7,358,610 of its common shares through the facilities of the TSX Venture Exchange has been announced by Primary Petroleum Corporation (TSXV:PIE,OTCQX:PETEF).
Oil – Primary Petroleum Corporation (CVE:PIE) reports that it will present at the Rodman & Renshaw Annual Global Investment Conference in New York on September 13, 2011.
Oil – Primary Petroleum Corporation (CVE:PIE,OTCQX:PETEF) reports entering a non-binding Letter of Intent to finalize a Farmout and joint operating agreement with a major U.S. based Industry Partner on its 291,000 net acres under lease and option in the Southern Alberta Basin Bakken Fairway of NW Montana.
Oil – Primary Petroleum Corporation (CVE:PIE) reports an update on the advancement into an exploration phase on its 242,000 net acre Pondera-Teton prospect, Alberta.
Primary Petroleum Corporation (CVE:PIE) reports that it was successful at the Western Montana State land sale auction where it acquired 31,286 net acres out of the 45,000 net acres.
Oil – Primary Petroleum Corporation (CVE:PIE) reports that it has secured over 200,000 net acres to our Area of Interest in the Alberta Basin Bakken Fairway of western Montana.
Oil – Primary Petroleum Corporation (CVE:PIE,PINK:PETEF) reports that its information will be made available to all Investors via Standard & Poor's Market Access Program.
Oil – Primary Petroleum Corporation (CVE:PIE) reports that it has entered into a Seismic and Farmout Agreement with Nextraction Energy Corp. (CVE:NE) whereby it can earn an interest in Primary's 20,000 acre Saturn Prospect, Daniels County, Montana.
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