Private Placement Set for Joint Venture of Up to $100,000,000 on 97 Net Drill Locations

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Aug 01 2014	Private Placement Set for Joint Venture of Up to $100,000,000 on 97 Net Drill Locations
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 1, 2014) - Petro One Energy Corp. (TSX VENTURE:POP)(PINKSHEETS:CUDBF)(FRANKFURT:C6K1) announced on July 27, 2014 that it had arranged funding of up to $100,000,000 from Korea Myanmar Development Corporation ("KMDC") to drill up to 97 oil wells on Petro One properties in Saskatchewan and Manitoba. It is now pleased to report that the first step in that funding has been taken.


Source:http://www.marketwired.com/mw/release.do?id=1934807&sourceType=3

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