January 2013 — Petro-Lud today announced that in just over a year since its inception, the Company has grown production to over 30 barrels per day. Most of the growth has come from the strategic work-over of under-developed leases, bringing almost dormant leases back to life. The growth in production and associated revenue streams provide capital […]

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December 2012 — Petro-Lud today announced that it has purchased approximately 120 acres in the Mountain View field of Kern County. The current acreage was initially drilled up in mid to late 1970s but has been under-developed over the past number of years. Petro-Lud plans to re-develop this lease with the intention of increasing daily production, […]

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October 2012 — Petro-Lud today announced that it has filed for incorporation in the state of California for the purpose of exploration and the purchasing of under-developed crude oil assets with the goal to increase oil production from idle and under-performing wells through operational expertise and prudent management of costs.

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