PHOENIX, ARIZONA— (Disclosure & News Service – January 22, 2018) – PetroSun, Inc (OTC PINK: PSUD) announced today that Arizona Energy Partners LLC, an affiliate of PetroSun, has commenced the mobilization of the drilling rig and associated equipment to the AEP 16-1 location. The spud date for the AEP 16-1 well is targeted for January 30, 2018, subject to local weather conditions.
The Arizona Oil and Gas Conservation Commission permit number is 1215 and the API number is 02-001-20505. The well is scheduled to be drilled to basement, approximately 4,000 feet, to evaluate potential oil bearing zones in the Devonian, Pennsylvanian and Permian. The helium bearing zones in the Permian will also be tested.
Drilling updates and non-proprietary data will be provided on the PetroSun website.
PetroSun, Inc. 480-425-4290