Petroflow Energy Ltd. (PED) is “One to Watch”
Petroflow Energy Ltd. is an oil and gas exploration and production company with assets in Oklahoma, Texas and Alberta, Canada. The company is most active in Oklahoma where it is developing the Hunton Resource play. Petroflow Energy just reported May production on its properties in this basin. The company produced at a peak rate of 4,519 barrels oil equivalent (BOE) per day, and at an average rate of 4,132 BOE per day. This production was up 11% sequentially from April 2009 and was composed of natural gas, oil and natural gas liquids (NGL). Petroflow Energy uses horizontal drilling technology to…