Status Report on Business Operations Issued by PetroSun, Incorporated (PSUD.PK)
PetroSun, Incorporated (PSUD.PK) today provided a status report update on its oil and gas operations to include: Muslow #1, Caddo Parish, Louisiana The Muslow #1 sold its initial production of approximately 180 barrels of crude oil on June 29, 2007. The well continues to produce 13-15 barrels of oil and 50-60 thousand cubic feet of gas per day. A development well will be drilled in the near future on the 2,961 acre lease. Sibley Field, Webster Parish, Louisiana Gross production from the Holley #1D, Burson #1 and the Connell #1 for the month of June was reported to be 1,827 mcf of…