Last $0.0002 USD
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Volume 147.8M
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As of 10:22 AM 10/21/14 All times are local (Market data is delayed by at least 15 minutes).

petron energy ii inc (PEII) Snapshot

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52 Week High
10/31/13 - $6.16
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10/20/14 - $0.0001
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petron energy ii inc (PEII) Details

Petron Energy II, Inc. is engaged in the acquisition, development, production, and sale of oil, gas, and gas liquids in the United States. The company has interests in three leases covering an area of 280 acres in Tulsa County, Oklahoma; 9 leases that cover 820 acres in Wagoner County, Oklahoma; and a lease covering an area of 2,315 acres and is located in Knox County, Texas. It also operates two gas gathering systems located in Tulsa, Wagoner, Rogers, and Mayes counties of Oklahoma. The company sells its oil and gas products primarily to a domestic pipeline and other oil companies. Petron Energy II, Inc. is based in Dallas, Texas.

4 Employees
Last Reported Date: 08/13/14

petron energy ii inc (PEII) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $200.0K
Chief Financial Officer
Total Annual Compensation: $79.8K
Compensation as of Fiscal Year 2013.

petron energy ii inc (PEII) Key Developments

Petron Energy II, Inc. Announces Production Results for the Month of August 2014

Petron Energy II Inc. announced production results for the month of August 2014. For the month, the company reported monthly production for August was 482 barrels representing better than a 300% improvement in its monthly production since June.

Petron Energy II, Inc. Announces Resignation of Judson Hoover as Director

On June 30, 2014, Mr. Judson Hoover resigned as Director of Petron Energy II Inc.

Petron Energy Ii Inc. Announces Amendment to its Articles of Incorporation

On May 30, 2014, Petron Energy II Inc., by and through its Board of Directors and with written consent of a majority of its shareholders entitled to vote, filed an amendment to the company's Articles of Incorporation with the secretary of State of Nevada effectuating an increase in the total number of authorized stock of the corporation from 15,010,000,000 to 25,010,000,000 shares consisting of: (i) 25,000,000,000 shares of common stock, par value $0.0001 per share; and (ii) 10,000,000 shares of preferred stock par value $0.001 per share.


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