PetroSearch Energy Corporation (OTCBB: PTSG), oil and gas, exploration and production company focused on the United States, is pleased to announce that the niterpretation of the 3D seismic programme at the Wilcox Trend Garwood field oil discovery indicates potential reesrves up to 7.21 bln barrels.

Results from the 3D seismic programme and its interpertation performed by independent consultants, Count Geophysics Limited.

Strong buy shares rceommendation - $ 1.15
Sell target - $ 2-3

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