UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported):   April 2, 2018

Commission File Number:   000-49760

Petro River Oil Corp.
(Exact name of registrant as specified in its charter.)

Delaware
(State or other jurisdiction of incorporation or organization)
98-0611188
(IRS Employer Identification No.)



55 5th Avenue, Suite 1702, New York, New York 10003
(Address of principal executive offices)

(469) 828-3900
(Registrant's Telephone number)

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2)
Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]



Item 8.01 Other Events.

On April 2, 2018, Petro River Oil Corp. (the "Company") issued a press release announcing the successful drilling of development wells on the Company's core acreage in Osage County, Oklahoma. A copy of the press release is attached hereto as Exhibit 99.1, and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

See Exhibit Index.


SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
Petro River Oil Corp.


Date:   April 4, 2018
By: /s/ Scot Cohen

Name: Scot Cohen
Title: Executive Chairman


Exhibit Index
 
Exhibit No.

  
Description

EX-99.1
  
Press Release dated April 2, 2018

Exhibit 99.1


PETRO RIVER ANNOUNCES SUCCESSFUL DRILLING OF 8 WEST BLACKLAND FIELD DEVELOPMENT WELLS IN OSAGE COUNTY, OK

 

NEW YORK, NY, April 2, 2018   Petro River Oil Corp. (OTCBB: PTRC) ( Petro River or the Company ) is pleased to provide an update on the development activities on its core acreage in Osage County, Oklahoma.


Activities Report :


After the initial discovery of the West Blackland Field in June 2017 , the Company has built r oads installed flowlines and constructed a central processing facility with a 1 ,800 B OPD capacity . C urrent gross daily production is 120 BOPD. In the past three months, 8 successful development wells have been drilled with two additional well s current ly drilling and a number of well completions underway . On the basis of this drilling program, the Company has earned the right to extend its 100,000+ acre Concession with the Osage Tribe for an additional year .  


The discovery well in the West Blackland Field (#1-3) has produced over 7,500 barrels in the past 7 months and is on track for a n 8 -month payback.  Within the next 6 0 days the Company expect s to report stabilized production rates and independent reserve estimates at the West Blackland F ield , with all currently-drilled wells completed and producing .


In addition , the Company has filed permits for a new exploration well which, if successful, could result in a new field discovery potentially much larger than the West Blackland F ield , and currently expect s to have results from this well in June .


The Company has recently signed a contract for the acquisition of a modern, state-of-the-art 20 square mile 3D seismic survey to be conducted this summer in the western portion of its c oncession adjacent to a prolific producing trend.  The West Blackland Field discovery was made on the basis of reprocessed, older vintage, low-quality 3D seismic data.


Stephen Brunner, the President of Petro River , stated Based on our success in the West Blackland Field, w e anticipate positive cash flow generated from operations during the current quarter ending April 30, 2018.   W ith the recent capital restructuring behind us , current production of 120 BOPD (90 BOPD net to the Company) increasing on a weekly basis and generating positive cash flow , additional exploration and development wells scheduled and a 20 square mile 3D seismic s urvey planned for late summer , we believe Petro River is positioned for substantial growth this year.  


About: Petro River Oil Corp.

Petro River Oil Corp. (OTCBB: PTRC) is an independent energy company with its core holdings in Osage County, Oklahoma. Petro River s strategy is to apply modern technology, such as 3-D Seismic analysis to exploit hydrocarbon-prone resources in historically prolific plays and underexplored prospective basins to build reserves and to create value for the Company and its shareholders. Petro River owns a 14.52 % equity interest in Horizon Energy Partners, LLC and its president, Stephen Brunner, is also a member of the Board of Managers of Horizon Energy Partners, LLC. For more information, please visit our website at www.petroriveroil.com .


Forward-Looking Statements.

This news release contains forward-looking and other statements that are not historical facts. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward looking statements. These forward looking statements, projections and statements are subject to change and could differ materially from final reported results. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made. Petro River assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, Petro River undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect to the matters discussed above. Readers should also carefully review the Risk Factors in Petro River s annual report on Form 10-K, its quarterly reports on Form 10-Q, and other reports filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended.


For additional information about Petro River Oil, please visit http://petroriveroil.com/ or contact:


Investor Relations

ir@petroriveroil.com

telephone: (469) 828-3900