February 3: Primary Petroleum

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dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

February 3: Primary Petroleum

Post by dan_s »

Primary Petroleum is a junior oil and gas company engaged in exploration and development activities in Montana and Alberta and currently holds substantial land positions in two unconventional tight oil plays in North America; the Saturn Prospect in the Williston Basin and the Pondera-Teton Prospect in the Southern Alberta Basin . The Company’s mandate is to continue to acquire strategic land positions of merit in the Sedimentary Basin of the Western United States and Canada and seek out qualified industry partners to exploit and develop them. To learn more about us, please visit our website at: www.primarypetroleum.com

We are now planning to Webcast this event for our EPG members that live outside the Houston area.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Re: February 3: Primary Petroleum

Post by dan_s »

Anaysts comments on Primary Petroleum

http://www.theenergyreport.com/cs/user/ ... t=pub.view

If you cannot make the luncheon on February 3 in Houston, be sure to sign up for the webcast.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Re: February 3: Primary Petroleum

Post by dan_s »

SAN FRANCISCO, Jan. 24, 2011 /PRNewswire/ -- Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (Nasdaq:MERR - News), today announced that it will serve as the Principal American Liaison (PAL) for Primary Petroleum Corporation (TSXV: PIE; OTCQX: PETEF) as it lists on OTCQX®.

(Logo: http://photos.prnewswire.com/prnh/20100914/SF64919LOGO)

Primary Petroleum is a junior oil and gas company engaged in exploration and development activities in Montana and Alberta. The Company announced today that it is now trading on the OTC market's highest tier, OTCQX®.

OTCQX distinguishes the best companies traded OTC from more than 9,000 securities traded on the OTCBB and Pink Sheets® that are not required to meet any financial standards or undergo a qualitative review.

Spencer Grimes, Merriman Capital Managing Director, said: "With assets in the United States, it is natural for Primary Petroleum to increase its exposure to U.S. investors. Listing on the OTCQX today does exactly that. We are excited to be their partner in this effort."

"As a Canadian listed company with the majority of its assets in the Alberta Basin Bakken in Western Montana, along with a growing number of U.S. shareholders, we are looking forward to list our shares on the prestigious OTCQX platform in tandem with Merriman's expertise as our PAL. With OTCQX, Primary Petroleum can provide U.S. investors with improved liquidity, superior information, transparency, and easy access through their U.S. regulated broker-dealers," states Mike Marrandino, President & CEO of Primary Petroleum.
Dan Steffens
Energy Prospectus Group
ghrcap
Posts: 338
Joined: Tue Oct 05, 2010 8:11 am

Re: February 3: Primary Petroleum

Post by ghrcap »

I thought this was one of the better stories coming out of EnerCom with an obviously savvy guy at the helm. I'm now watching for results from NFX and ROSE off the Blackfeet Reservation wells.
dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Re: February 3: Primary Petroleum

Post by dan_s »

So am I. If Mike pulls off a JV with a well-known company, Primary share price could take off.
Dan Steffens
Energy Prospectus Group
ghrcap
Posts: 338
Joined: Tue Oct 05, 2010 8:11 am

Re: February 3: Primary Petroleum

Post by ghrcap »

Primary has posted an updated investor presentation to their website. David Pescod of Canaccord mentioned the Montana leasing results and the ongoing negotiations to form a JV for the W. MT acreage yesterday in his newsletter.
http://www.primarypetroleum.com/pdf/Pri ... -03-01.pdf
ghrcap
Posts: 338
Joined: Tue Oct 05, 2010 8:11 am

Re: February 3: Primary Petroleum

Post by ghrcap »

http://www.primarypetroleum.com/pdf/PIE ... -03-04.pdf
EnerCom has published a view of land values per share for the Alberta Bakken, focusing on ROSE and PETEF.
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