Fundz

Petrosun Provides Operational Update And Announces New Convertible Financing

PRIVATEOct 28, 2022

Round Type

Convertible Note

PhoenixEnergyOil And Gas

Description

PHOENIX, AZ / October 28, 2022 / PetroSun, Inc. (OTC PINK:PSUD) (the "Company") announced today that it plans to commence drilling operations at its Manuel Seep field during the week of October 31. The Company has executed a drilling contract with Aztec Well Servicing Co. and plans to resume drilling operations at the Manuel Seep 2-1 Well (the "MS 2-1") in order to reach total depth

Quick answer

Petrosun raised an undisclosed amount in a Convertible Note round, dated October 28, 2022. Petrosun is based in Phoenix, Arizona, United States.

How much did Petrosun raise?
Petrosun raised an undisclosed amount in a Convertible Note round on October 28, 2022.
What does Petrosun do?
Founded in Calgary, Alberta, PetroSun Resources Inc. is a Canadian based EOR focused Oil and Gas company.
Where is Petrosun based and how big is it?
Petrosun is based in Phoenix, Arizona, United States.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Petrosun that raised within 45 days of this round, from Fundz verified event records.

  • First Mode raised $200M (Funding Round) on December 7, 2022.
  • enCore Energy Corp raised $17M on December 6, 2022.
  • UgoWork raised $23M (Funding Round) on November 22, 2022.
  • TECO2030 raised an undisclosed amount (Corporate Round) on November 14, 2022.
  • Sabanto raised an undisclosed amount on November 4, 2022.
  • United Energy Corporation raised an undisclosed amount (Funding Round) on October 26, 2022.

Who to call at Petrosun, and when

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Company Information

Company

Petrosun

Location

Phoenix, Arizona, United States

About

Founded in Calgary, Alberta, PetroSun Resources Inc. is a Canadian based EOR focused Oil and Gas company. PetroSun purchased oil and gas assets in Canada to apply and develop efficient EOR techniques.

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Petrosun raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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