Petro One Energy's Profile

Light Oil Discovery and Development in Canada Petro One Energy’s focus is to acquire, discover & develop undervalued oil assets in Canada with close proximity to infrastructure and existing production.

Canadian Light Oil Projects

Petro One Energy’s focus is to acquire, discover & develop undervalued oil assets in Canada with close proximity to infrastructure and existing production. The company now holds thirteen oil prospects with 100% interest in all properties which approximate 5000 Acres (2000 hectares). All of the projects have surface to basement rights, some with multi-zone potential.

Petro One’s initial strategy will be to maximize value of its prime oil land in Saskatchewan and Manitoba and achieve ongoing growth through strategic acquisitions of undervalued assets followed by exploration, development and/ or farm-outs.

Shallow conventional light oil is the fastest declining resource in the world, which will force larger players to pay a premium to acquire growth oriented producing juniors.

Manitoba and Saskatchewan are ranked 1st and 2nd best jurisdictions in Canada for oil exploration and production by the Fraser Institute.

The immense, untapped oil resources of Manitoba and Saskatchewan, coupled with government incentives is driving the influx of both major and mid-tier producers, EOG, Haliburton, Crescent Point, Petro Bakken, CNR and others.

Yukon Gold Assets

Petro One’s Yukon BRC and Lucky Strike projects total 12,457 acres, approximately 5,000 hectares. Both of the company’s flagship claims are underlain by the same package of Devono-Mississippian metamorphic rocks that host the Coffee Creek gold discoveries and the Golden Saddle and Arc gold deposits. The Yukon’s excellent infrastructure, political stability, pro-development climate, and world-class development potential have led to 1st overall ranking in North America by the Northern Miner magazine and 4th overall in the world by the Fraser Institute ranks.

Based on a compilation of all the positive results seen to date, an exploration program of mechanized trenching and deep infill auger drilling is recommended to confirm the source of the many extensive gold soil anomalies coincident with key geophysically indicated structures located on both the Lucky Strike and BRC properties.

Petro One Energy Corp. recognizes the value of projects in the Yukon and, for the time being plans to retain its 100% interest in the BRC mineral claims, also located in the Yukon and also adjacent to the Kinross property, and will retain a 30% interest in the Lucky Strike claims on exercise of the Option by AccelRate.

The BRC claims are contiguous with and surrounded by Kinross to the west, south, and east, and by Golden Predator to the north. The Lucky Strike property is bordered by claims owned by Kinross and Golden Predator to the north and west, and by Shawn Ryan's Brew claims to the south.

Corporate Presentation:

http://www.petrooneenergy.com/files/pdf/POE_2010Nov.pdf

Investor Relations Contact:

Jeff Stuart

Corporate Communications

Petro One Energy Corp.

1300-1111 West Georgia Street

Vancouver, B.C. V6E 4M3

Toll Free: 877 566 9089

Phone: 604 566 9089

Fax: 604 546 8003

info@PetroOneEnergy.com

Last changed at 31-Jul-2011 07:02AM by FANTOMAS

Management & Directors

  • Terry King

    CEO, Chairman, Director

    Terry King provides Petro One Energy with guidance and advice on all legal and corporate matters. Terry has more than 20 years experience in corporate finance and securities matters. He is former Chairman of the Securities and Natural Resources Subsection (mining, oil and gas) of the Canadian Bar Association. Terry is also principal of Holmes and King, an association of law corporations.

  • Richard Kosick, CGA

    Independent Director

    Mr. Richard Kosick is a member of the Certified General Accountants Association of British Columbia. He was admitted to the membership in 1992. Richard has over 25 years of accounting and general business experience. His public practice firm offers accounting, financial and administrative services to small and medium size businesses.

  • Paul Reynolds

    Independent Director

    A registered member of the Association of Professional Engineers and Geoscientists of British Columbia. He received a Bachelor of Science (Geology) degree from the University of British Columbia in 1987 and has over 24 years experience in Canada, USA, and South America. He has extensive experience in public company management, and is currently President, CEO and a director of Central Resources Corp. an exploration company focused in the Yukon, as well as sitting as a director of several other public companies.

    Until recently, Mr. Reynolds was Chairman of the Board of Athlone Energy Ltd., a public company he successfully transitioned from a mineral exploration company to an oil production company which operated its own oil assets. Athlone was ultimately acquired by Daylight Resources Trust, an Alberta energy trust, only five years after Mr. Reynolds led it into the oil business. The values attributed to Athlone’s oil assets on its buy-out were $50,500 per flowing boe per day and $17.90 per bbl for proven plus probable heavy oil reserves.

  • Peter Bryant

    President & Director

    Peter Bryant is a businessman with over 45 years experience in international finance and investment banking providing advice to public and private companies. Prior to coming to Canada in 1989 he had served with the Hill Samuel Group and subsequently with Guinness Mahon Holdings, two of the prestigious merchant banking houses in London, England, and worked in England, Spain, South Africa and the Far East. He was based in the Far East from 1973 to 1986 where he was responsible for the establishment and growth of the Guinness Group’s merchant banking operations. Activities included corporate advice, public issues and company reconstructions as well as loan portfolio development and administration.

    Mr. Bryant came to Vancouver, Canada in 1989 as Director of Investment Banking with the Standard Chartered Group with the responsibility, “inter alia” of developing technology-transfer partnerships between the Bank’s Far Eastern clients and North American high-tech and industrial companies. He continues to provide services to a number of private and publicly listed companies. He is currently an active board member of several public companies.

  • Lucy Zhang, MBA, CGA

    Chief Financial Officer, Corporate Secretary

    Ms. Lucy Zhang is a member of the Certified General Accountant Association of British Columbia. She has an Honors BA from Suzhou University, China, and an MBA (Honors) from Royal Roads University. Ms. Zhang’s recent experience has included controller position in administration, accounting and finance with publicly traded mining and exploration companies

  • Trevor Bremner, M.Sc., P. Geo.

    Qualified Person

    Mr. Trevor Bremner is a consulting geologist with a wide range of Canadian experience in petroleum mineral exploration and government. In the petroleum industry he held a variety of positions with Imperial Oil, Mobil Oil Canada and Mobil-GC Canada, working on a broad range of projects in the Western Canadian Sedimentary Basin, the Canadian Beaufort and the Avalon Basin of offshore Newfoundland. Mobil-GC Canada was a subsidiary that inherited General Crude’s Canadian assets after a takeover by Mobil Corp in the US. This assignment gave Mr. Bremner an opportunity to plan and participate in the drilling of numerous light and heavy oil wells, and to gain experience in many aspects of exploration, drilling, production and unit negotiations. At Mobil Oil Canada, Mr. Bremner served in a variety of positions in exploration and production, including supervision of an exploration group of eight geologists and geophysicists working in the Grand Banks area of Newfoundland. Mr. Bremner is a registered Professional Geologist in Alberta, Saskatchewan and Manitoba. Mr. Bremner also worked eight seasons in the Yukon Archer Cathro (founders of ATAC Resources) he served as Chief Geologist of the Yukon and as Yukon’s Acting Director of Mineral Resources. Additionally, he spent three years as Head of Mining Legislation in Ottawa.

  • Dr. Hairuo Qing, Ph.D. (McGill), P. Geo.

    Special Technical Advisor - Oil and Gas

    Dr. Hairuo Quing is Head of the Department of Geology at University of Regina, Saskatchewan. Prior to joining the University of Regina in 1999, he served three years as a lecturer at the Royal Holloway University of London, UK, and two years as a Research Fellow for the Geological Survey of Canada in Calgary. Dr. Qing's primary research focus is on reservoir characterization and modeling to develop effective exploration and production strategies, and to aid in the selection of secondary and tertiary recovery techniques. He has a particular interest in dolomitization and diagenetic alteration of carbonates, and their effect on porosity distribution, reservoir quality, and fluid flow. Dr. Qing's detailed knowledge of the Williston Basin, and his specific studies of the Red River, Midale, Frobisher and Alida reservoirs of southeast Saskatchewan, as well as the Shaunavon reservoir of Southwest Saskatchewan, will be of immense value to Petro One in developing its current acreage and advising on future acquisitions.

  • Dr. Lawrence (Larry) Dick, Ph.D., P.Geo.

    Special Technical Advisor - Precious Metals

    Dr. Larry Dick has over 35 years of mineral experience, and is an internationally recognized explorationist who has been credited with or played a key role in five major mineral discoveries in North and South America. He is very familiar with the Yukon, having spent more than ten years working throughout the Territory including the Carmacks gold camp and the Nisling Range, which both form part of what is now known as the White Gold District. He formerly held a variety of positions with Chevron Resources Company in the Americas including Exploration Manager, and led the exploration teams that discovered the Golden Bear deposit in British Columbia, and discovered and developed the Can Can gold-silver deposit in north-central Chile. He is a co-founder of General Minerals Corp. (now Sprott Resource Corp.) and has served for many years as its Executive Vice President and Independent Director, as well as directing its exploration activities. He also founded Copper 1 Inc., serving as its Chief Executive Officer and President, and subsequently co-founded and served as the President, CEO and Chairman of Evolving Gold Corp., before assuming his present role as Chief Geologist and Manager of Resources for Baron Global Financial Canada Ltd. He continues to serve on the Boards of a number of public companies, including Timmins Gold Corp., and is a Full and Fellow Councillor of the Geological Association of Canada Cordilleran Section, and a Full and Fellow Member of both the Society of Economic Geologists and the Geological Association of Canada. For his exploration successes in Chile, Dr. Dick was awarded the Chevron Chairman's Award, and the "Mente et Malleo" award at the Chilean Geological Congress for the most successful exploration team in Chile.

  • Bruce Durham, M.Sc., P.Geo.

    Special Technical Advisor - Exploration

    Mr. Bruce Durham also has more than 35 years experience in mineral exploration in Canada, USA and Africa, and was an integral member or leader of various exploration teams credited with the discovery or definition of a number of significant mineral deposits, including the David Bell Mine (Hemlo), the Golden Giant Mine (Hemlo), the Redstone Nickel Mine (Timmins), the Bell Creek Gold Mine (Timmins), and several nickel-copper deposits on the Raglan South Project of Canadian Royalties that are being evaluated for their economic viability. Mr. Durham was one of the founding members of Canadian Royalties Inc. (recently purchased by Chinese interests for $191 million) and has served in various roles that include President, Vice President, and Vice President Business Development. He is currently Executive Chairman of Temex Resources Corp.

Broker Fact Sheet

  • POP Broker Fact Sheet
    Thu Mar 29, 2019
    Fact sheet details
Petro One Energy
Symbol
POP
Exchange
TSX-V
Shares
61,283,235 fd, July 2011
Industry
Energy & Environment
Create a Post