Petron Energy II, Inc. Reports on Operations on its Snyder/Simon Secondary Recovery Project in Oklahoma

DALLAS, TX (PRweb 10/28/14) – Petron Energy II, Inc. (“Petron II” or the “Company”) (OTCBB: PEII) Petron Energy II, Inc. reports on operations on its Snyder/Simon Secondary Recovery project in Oklahoma. Petron Energy II, Inc., together with its subsidiaries, engages in the acquisition and development of properties for the production of crude oil and natural gas, the transportation of natural gas through its pipeline subsidiary and well servicing through its servicing subsidiary.  The Company’s operations are based in the United States. Petron Energy II, Inc. announced this morning that it had completed all stimulation procedures on its Snyder/Simon lease and has placed the lease into full waterflood operations. Floyd Smith CEO of Petron Energy II, Inc. states, “We are currently injecting approximately 600BSW/D and intend to gradually increase our rate to 1,000BSW/D which will increase the  reservoir pressure.  Increasing reservoir pressure provides us the best oppo
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