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Grid Petroleum Creates E&P Operating Subsidiary

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July 12, 2012

Grid Petroleum Corp. (GRPR): The Board of Directors are pleased to announce that Grid Petroleum is establishing an Oil and Gas Operations subsidiary for the purposes of Operating future drilling and exploration activity.

The Company has made its initial application with the Texas Railroad Commission for obtaining its Operators License or Railroad Commission P4, for the State of Texas.

The Company has been frustrated for several months, by the lack of accurate and timely information being provided by the Premont Joint Venture Operator, Progas Services Inc.

The Operator of record ...


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