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Information to Be Available Through Standard & Poor's Market Access Program
Feb 26, 2009 09:42AM
February 26, 2009
Petrolia, Inc. Information to Be Available Through Standard & Poor's Market Access Program
QUEBEC CITY, QUEBEC--(Marketwire - Feb. 26, 2009) - Petrolia (TSX VENTURE:PEA), announced that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's Advisor Insight. The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor's Advisor Insight is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at www.advisorinsight.com.
In addition, information about companies in Standard & Poor's Market Access Program will be available via S&P's Stock Guide database, which is distributed electronically to virtually all major quote vendors. As part of the program, a full description of Petrolia will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in approximately 38 states under their Blue Sky Laws.
Petrolia is a junior oil and gas exploration company which owns interests in oil and gas licences covering 15,000 km2 (3.7 million acres), which represents about 18% of the Quebec territory under lease. These leases, the majority of which are located on the Gaspe Peninsula and Anticosti Island, are considered to be very promising and represent almost 70% of Quebec's land-based oil potential. Petrolia foresees its 2009 drilling projects as a major exploration milestone. The Company has 41 M shares outstanding and holds 1,7 % of the issued shares of Gastem (TSX VENTURE:GMR) in addition to a cash position of 6,9 million dollars. Over the next five years, Petrolia's objective is to produce 5% of the Quebec oil consumption.