PHOENIX, ARIZONA—(Disclosure & News Service – September 15, 2017) – PetroSun, Inc (OTC PINK: PSUD) announced today that with the impending end of the 2017 monsoon season, the Arizona Energy Partners exploration and development program will commence drilling operations in approximately four weeks. Arizona Energy Partners, LLC is an affiliate of PetroSun.
The AEP 16-1 will be the initial well drilled in October on the Concho Dome in Apache County, Arizona. This well is up-dip to the Concho Dome NZOG 17-1 well that AEP tested and MHA Petroleum Consultants issued a contingent helium resource report on in March 2017. The AEP 16-1 will be drilled to 4,000 feet or basement, whichever is greater.
The AEP 16-1 should encounter up to thirteen potential helium bearing Permian zones that are present in the NZOG 17-1, plus potential crude oil bearing zones in the Pennsylvanian and Devonian sections below 2,000 feet to basement.
AEP Drilling, LLC, a wholly-owned subsidiary of Arizona Energy Partners, will drill the AEP 16-1.
PetroSun, Inc. 480-425-4290