Petrosource Energy Corporation (PTSG.OB) Sells Bartlett Shale Position for $36 Million
Some companies have gotten into the oil and gas groove and are enjoying their production rewards. They do, however, understand that working the front lines of oil and gas means getting the cash and looking for other exploration/development projects. Those companies that can keep their business nimble and quick - in this up cycle - are the ones that will most likely profit to the greatest degree. Petrosearch Energy Corp., an oil and gas exploration and development company, works to find and develop oil and gas properties in the panhandle of Texas. Until today, the company had a 5% position…