PHOENIX, ARIZONA—(Disclosure & News Service – April 18, 2017) – PetroSun, Inc (OTC PINK: PSUD) announced today that Arizona Energy Partners, LLC, an affiliate of PetroSun, has been issued drilling permit #1215 by the State of Arizona Oil & Gas Conservation Commission. The AEP 16-1 has been issued API number 02-001-20505.
Arizona Energy Partners has scheduled the AEP 16-1 to be drilled during the month of May 2017. The total depth will be 4,000 feet or basement, whichever is greater. The well will be drilled by AEP Drilling LLC, a wholly-owned subsidiary of Arizona Energy Partners, LLC.
The AEP 16-1 will test multiple helium reservoirs, including flow tests, which are present in the AEP 17-1 well in the adjoining section on the Concho Dome structure. MHA Petroleum Consultants issued a contingent helium reserve report regarding the Concho Dome that was discussed in the PetroSun press release dated March 14, 2017.
PetroSun, Inc. 480-425-4290