Traderfan
3 months ago
Sure that's why you freak out if somebody posts some objective stuff about this POS here, because it's just play money for you, for sure yeah lol. I didn't post rumors that it is scam, what I said was everything they did in the last few years, everything I saw make it look like a scam, that is a very different thing and it is my opinion. That has nothing to do with a rumor. You can disagree with this but if you are looking at it objectively you know it's true, of course you can't agree since you are invested so heavily and bagholders like you react like this always been like this. May I remind you that they promised huge revenues and stuff years ago? You are in the for the long haul? So a few years is not long enough I guess where you lost 95% of your money? You are the poster child of an ignorant bagholder. It makes you look stupid not somebody who points out objectively what we have seen here. Zero achievements so far on anything out there by these clowns. A new guy came in and went fast again, I let you assume why that was the case. I think I know why.
The good thing is that while you paid 40 cents and many others here paid 30 or 25 cents and are down huge the company guys gave out an endless amount of shares at 01 if I remember right while the stock was at 15 or 20 cents. That is of course totally normal lol, no red flag at all right. What have we seen here in the last few years? Zero achievement on anything, endless dilution taking place, endless selling into every single good press release and a stock that went from 95 cents down to 1.5 cents. Nobody else but you look stupid for investing 450k into this at 45 cents but then again that is fine it's your money but don't attack others who point out how this pig looks like and what they have done in the last few years. Or do I need to show you the amount of dilution here in the last few years?
BardOcean95
6 months ago
PetroSun Issues Helium Program Update and Announces Estimated Helium Reserves in Holbrook Basin of $4.7 Billion
Press Release | 05/13/2024
PHOENIX, AZ / ACCESSWIRE / May 13, 2024 / PetroSun, Inc (OTC PINK:PSUD) (the "Company") announced today two separate transactions that provided assignments of Oil, Gas and Helium working interests in the Central Holbrook Basin to Exodus Energy, Inc and Pivot Point Energy, Inc. The working interest covers 11,430.53 acres of ASLD leases, subject to the working interest partners respective participation.
The working interest acquired by the parties totals seventy-five percent (75%), with Exodus Energy acquiring fifty percent (50%) and Pivot Point Energy obtaining a twenty-five percent (25%) working interest position. The balance of the working interest is held by PetroSun and affiliates.
The Central Holbrook Basin and the leases subject to the above transactions are associated with structures that have been drilled by PetroSun or its subsidiaries and are proven to contain commercial concentrations of helium. The helium concentrations within the gas streams peaked at 9.3% per the analysis provided by Wyoming Analytical Lab. A Contingent Resource Report was issued by MHA and later confirmed by Sproule that the helium potential of the Concho Dome structure has a median recoverable helium reserve estimate of 3.453 billion cubic feet. Based on a lower-case market price of $250 per thousand cubic feet the Central Holbrook Basin Concho Dome calculates to have a gross valuation of approximately $863 million.
The Sproule Report on the adjacent Central Holbrook cluster of structures contained within the leasehold were stated to have recoverable helium reserves of 15.467 billion cubic feet based on a stochastic evaluation. The lower-case gross economic value of these structures would exceed $3.86 billion.
PetroSun CEO Gordon LeBlanc, Jr stated, "My primary purpose on returning to the Company a year ago was to bring PetroSun into revenue generating status. It has been a 30-year journey in the Holbrook Basin and I am grateful to now bring in partners that can cause the commercialization of the gas that would not burn on a July 4th more than two decades ago. Exodus Energy has committed to acquiring and commissioning a helium processing plant, subject to the flow-testing and gas composition analysis of existing wellbores. Both parties have also committed to the drilling of helium development wells during 2024 and beyond, subject to successful efforts. Operational updates will be provided on a regular basis during the next 90 days."
"Finally, it is personally painful to not have Chris Sumner and John Templin with us to witness all of our combined efforts and sacrifice to see this project enter this long-desired phase of operations. No doubt that you are with us in spirit."
About PetroSun
PetroSun, Inc. is a fully integrated energy and mining business focusing on Lithium, Zeolite Clays, Rare Earth Elements, Mine Tailings, Helium, Natural Gas and Water Processing through the use of cutting-edge technologies, a broad portfolio of assets and leases, and a management team with decades of research, development, and production experience. PetroSun is vertically integrated with control of all aspects of the business from exploration and production to delivery to end users, providing customers direct customized solutions and shareholders maximum returns by participating in profitability at each stage in the supply chain.
PetroSun, Inc. owns significant leasehold acreage that is prospective for helium exploration and production in the Holbrook Basin of Arizona and for natural gas and helium in the Paradox Basin of Utah. The Company holds mineral leases on approximately 280,000 gross acres in the Holbrook Basin and Pedregosa Basin of Arizona and over 26,000 gross acres in the Paradox Basin. PetroSun's greatest assets are its shareholders, partners, advisors, employees, and its patented and proprietary technologies. We seek to provide global solutions to some of the most critical challenges the world faces today and into the future.
The Company trades on the OTC Pink Sheets under the symbol "PSUD".
For additional information:
Contact PetroSun at mallison@petrosun.us
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate", "believe", "continue", "could", "estimate", "expect", "intend", "may", "ongoing", "plan", "potential", "predict", "project", "should", "will", "would", or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are disclosed on the OTC Market.com website. Contact: PetroSun, Inc. 2999 North 44th Street, Suite 620 Phoenix, Arizona 85018 480-425-4290; Website: www.petrosun.us.
SOURCE: PetroSun, Inc.
Vega2
1 year ago
It's been awhile but Petro Sun just posted a new press release. While it doesn't tell us that they are producing just yet, it appears that hopefully there is a new focus there and I hope there's good news to com. I'm happy to see it. Below is the release in its entirety.
PHOENIX, ARIZONA / Disclosure and News Service / October 17, 2023 / PetroSun, Inc (OTC PINK:
PSUD) (the “Company”) announced today a Statement of Corporate Focus. The purpose of the
statement is to clarify the corporation’s operation in the Energy and Mining Industries, and to
reinforce the continuity and interrelationship of all business segments which are the result of
our patented and proprietary Separation and Process Technologies, and to provide shareholders
and the investment community with a better understanding of the corporate goals and efforts.
In the earlier stages of the business our numerous interests in other entities, some of which
appeared unrelated, provided proprietary knowledge that added to our knowledge base and
long-term viability.
As we move our proven technologies to commercialization, we felt it important to
communicate the clarity of our business objectives. Our research and development efforts
continue to be one of our highest priorities. The momentum and integration of our
technologies increase our potential future production capacities and efficiencies.
By using our technology portfolio, for natural resource recovery and services in a wide variety
of commodity markets, we will enhance our potential for long-term revenue growth and
stability. Additionally, the significant potential incremental revenue increases by being vertically
integrated creates the potential for maximum profitability in all business segments.
From Gordon LeBlanc Jr, Executive Chairman, CEO, and President of PetroSun, Inc.
“PetroSun’s ability to adapt our Separation and Process Technologies to a wide range of natural
resource needs in the market has provided us with significant opportunities for the future. We
are committed to improving shareholder value and providing critical commodities and services
to the market. This statement makes clear our focus, expertise, and the integration of our
efforts.”
About PetroSun
PetroSun, Inc. is a fully integrated energy and mining business focusing on Lithium,
Helium, Natural Gas, Oil, Potash, Zeolite Clays, Water Processing, Mine Tailings, Rare Gases, and
Rare Earth Metals Processing through the use of cutting-edge technologies, a broad
portfolio of assets and leases, and a management team with decades of research,
development, and production experience. PetroSun is vertically integrated with control
of all aspects of the business from exploration and production to delivery to end users,
providing customers direct customized solutions and shareholders maximum returns by
participating in profitability at each stage in the supply chain.
PetroSun, Inc. owns significant leasehold acreage that is prospective for helium
exploration and production in the Holbrook Basin of Arizona and for natural gas and
helium in the Paradox Basin of Utah. The Company holds mineral leases on
approximately 280,000 gross acres in the Holbrook Basin and Pedregosa Basin of
Arizona and over 26,000 gross acres in the Paradox Basin.
PetroSun’s greatest assets are its shareholders, partners, advisors, employees, and its patented
and proprietary technologies. We seek to provide global solutions to some of the most
critical challenges the world faces today and into the future.
The Company trades on the OTC Pink Sheets under the symbol “PSUD”.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as
amended. In some cases, you can identify forward-looking statements by the following words:
“anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “ongoing”,
“plan”, “potential”, “predict”, “project”, “should”, “will”, “would”, or the negative of these terms
or other comparable terminology, although not all forward-looking statements contain these
words. Forward-looking statements are not a guarantee of future performance or results and
will not necessarily be accurate indications of the times at, or by, which such performance or
results will be achieved. Forward-looking statements are based on information available at the
time the statements are made and involve known and unknown risks, uncertainty and other
factors that may cause our results, levels of activity, performance or achievements to be
materially different from the information expressed or implied by the forward-looking
statements in this press release. This press release should be considered in light of all filings of
the Company that are disclosed on the OTC Market.com website. Contact: PetroSun, Inc. 2999
North 44th Street, Suite 620 Phoenix, Arizona 85018 480-425-4290 Website: www.petrosun.us