PRINCIPAL SOLAR OPERATING SUBSIDIARY
E-3 Petroleum:
Responsible, Profitable Oil & Gas Production
Principal Solar’s E-3 Petroleum operating subsidiary corporation houses the company’s investments and acquisitions in oil and gas properties, which are to be located primarily in Texas and Oklahoma.
E-3 has partnered with experienced oil & gas services and equipment provider Double-H Services to manage the rehabilitation and operations of the wells on these properties. In addition, E-3 has licensed the exclusive rights to the TORS oil recovery system, which enables the profitable, low cost, and environmentally responsible lifting of oil from abandoned wells.
E-3 Features & Advantages
E-3’s TORS system utilizes proprietary technology to cost-effectively lift oil from abandoned wells, utilizing minimal infrastructure while maintaining environmental integrity
E-3 is thereby able to invest in or acquire undervalued wells that would otherwise not be cost-effective to reactivate
E-3 is positioned to procure government contracts for plugging or repurposing
E-3 Status
Principal Solar, through its E-3 subsidiary, has placed deposits on the first five TORS oil recovery systems; all five will be placed on property to be negotiated in Oklahoma
E-3 has fully funded its initial seven well Danbury Dome project
E-3 is in active investment/acquisition negotiations with other well owners
Learn more about E-3 Petroleum.
Contact Principal Solar for additional information or to find out about investing.