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February 07, 2016 8:09 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Petro River Oil Corp

Company Overview

Petro River Oil Corp. engages in the exploration and exploitation of oil and gas properties in the United States. It primarily holds interests in approximately 115,000 gross acres of oil and gas assets in the Mississippi Lime play located in Southeast Kansas. The company is based in Houston, Texas.

1980 Post Oak Boulevard

Suite 2020

Houston, TX 77056

United States

4 Employees

Phone:

469-828-3900

Key Executives for Petro River Oil Corp

Executive Chairman and Chief Executive Officer
Age: 46
Total Annual Compensation: $120.0K
Chief Financial Officer
Age: 39
Total Annual Compensation: $94.0K
Compensation as of Fiscal Year 2015.

Petro River Oil Corp Key Developments

Petro River Oil Corp will Change its Ticker to PTRC from PTRC.D

Effective January 07, 2016, Petro River Oil Corp will change its OTC Bulletin Board stock ticker symbol to PTRC from PTRC.D.

Petro River Oil Corp. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended October 31, 2015

Petro River Oil Corp. announced unaudited consolidated earnings results for the second quarter and six months ended October 31, 2015. For the quarter, the company reported operating income of $6,293,946 against operating loss of $1,103,025 a year ago. Net income attributable to the company and subsidiaries was $3,168,356 or $0.74 per basic and diluted share against net loss of $1,158,705 or $0.28 per basic and diluted share a year ago. For the six months, the company reported operating income of $5,524,773 against operating loss of $2,816,601 a year ago. Net income attributable to the company and subsidiaries was $2,483,425 or $0.58 per basic and diluted share against net loss of $2,469,537 or $0.60 per basic and diluted share a year ago. Net cash used in operating activities was $815,928 against $2,091,830 a year ago. Capitalized expenditures on oil and gas assets were $7,283 against $8,333,510 a year ago.

Petro River Oil Corp announced delayed 10-Q filing

On 12/15/2015, Petro River Oil Corp announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Similar Private Companies By Industry

Company Name Region
Pertex Production LP United States
Stratex Oil & Gas, Inc. United States
Transwestern Pipeline Company, LLC United States
Radco Industries, Inc. United States
Preston Exploration LLC United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 4, 2016
Petro River Oil Corp, Interests In Oil & Gas Leases, Wells & Related Property Along Mississippi Lime
Merger/Acquisition
December 7, 2015
--
Merger/Acquisition
November 5, 2015
Bandolier Energy LLC
 

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