Petrolympic Updates on Chittim Ranch Property

Petrolympic Ltd. (TSXV:PCQ) updated on the operations at the Chittim Ranch Property.

As quoted in the press release:

As announced by the Company in its press release of May 11, 2011, Petrolympic entered into an Exploration Agreement with Texas HBP LLC (“HBP”) to acquire a 50% interest in the Maverick Basin Chittim Ranch Property, being 320 acres surrounding Well 80-2V. Initial drilling has been completed (as announce in a press release dated November 4, 2011) and Petrolympic believes that Well 80-2V warrants further long-term testing.

Click here to read the Petrolympic Ltd. (TSXV:PCQ) press release.