About Us
Team
//Michele N Marrandino
//Paul D. Plater
//Rod Haverslew
//Colleen Bailey
//Bob Lee
//Betty Anne Loy
Directors
//Michele N Marrandino
//Rod Haverslew
//Alan Blair
//Rob Geisthardt
Advisors
//P. Ted Doughty
//Peter Carwardine
//Don R Lee
//Tim Brock
Share Information May 2010
Share Listing TSX Venture "PIE"
Shares Outstanding 92.1 million basic
Warrants Outstanding 2.47 million @ $0.15, expire Jan/2011
  25 million @ $0.15 expire Nov/2011*
  * Forced 30 day conversion if share price is above $0.25 for 10 days
Stock Options 4.48 million
Fully Diluted 124.05 million shares
Share Price High $1.00, Low $0.03
Internal Ownership 25%
   
Corporate Information May 2010
Debt None
Cash on hand $1.1 million
Production 10 boe/d (100% gas); 'behind pipe' - 50 boe/d (100% gas)
Land Holdings** Oil 110,000 net acres in the AB Basin Bakken Fairway in Western MT
  ** NRI - 80% - 20,000 net acres in Eastern MT, NW of the Elm Coulee Field
Land Holdings Gas 90,000 net acres multi-zone potential in MT.
Auditors Davidson & Company LLP
Legal Counsel Davis LLP, Calgary, AB Lee Law LLP, Shelby, MT
Head Office Suite 800, 744 - 4th Ave., S.W., Calgary AB T2P 3T4
Phone 403-262-3132
Email info@primarypetroleum.com
  Last updated June 1, 2010
   
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