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Explosive pick for our members!
PETROSUN DRILLING (PSUD)
Current Price: 1.45

Don't get caught in the dust, start watchin today because this company has been known to release major news at any time which could bring the st0ck up!!

Current News

PetroSun Announces Acquisition of ETC Energy

PetroSun Drilling Inc. (PSUD - News), an emerging provider of oilfield services to major and independent producers of oil and natural gas, announced today that the company has acquired ETC Energy, LLC. The terms of the transaction include a purchase price of 250,000 shares of PetroSun Drilling restricted common stock and naming Earl Thomas Conley as president of ETC Energy.

Under Conley's stewardship, ETC Energy will undertake several initiatives designed to enhance relations within the Native American community. The company will seek to establish joint ventures within Native American lands to develop natural resources that include oil, natural gas and wind power. ETC Energy plans to create employment opportunities and increasee royalty revenue within native lands as a key part of their endeavors.

ETC Energy will also assist PetroSun subsidiary Algae BioFuels in the negotiations for a potential location for a biodiesel production facility and refinery within native lands. Algae cultivation as an energy source is an economically feasible and eco-friendly alternative to petroleum-based transportation fuels.

About PetroSun

PetroSun's current operations are concentrated in the Ark-La-Tex region with plans to expand into New Mexico, Arizona, Utah and Australia in 2006. PetroSun provides a comprehensive array of products and services to the oil industry. The company's cutting-edge technologies, combined with a proven ability to apply them effectively and safely within a disciplined ROI framework, creates long-term value for PetroSun shareholders and partners. PetroSun is headquartered in Phoenix.

Conclusion:

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Chances are all this is the evidence for some major gain in the future.

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