InvestorsHub Logo

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating
profile icon
ptrigger Free
08/06/13 10:37 AM
profile icon
ptrigger Free
07/10/13 3:00 PM
profile icon
TheFinalCD PremiumMember
05/18/13 6:23 PM
profile icon
MightySam Free
05/17/13 10:26 PM
profile icon
ptrigger Free
05/17/13 11:38 AM
profile icon
RPS999 Free
05/17/13 11:29 AM
profile icon
ptrigger Free
05/17/13 11:06 AM
profile icon
Commando911 Free
05/16/13 8:17 PM
profile icon
Deeznuts Free
05/16/13 2:24 PM
profile icon
ccnp Free
05/16/13 1:42 PM
profile icon
TR4GEDY Free
05/16/13 12:44 PM
profile icon
Gold prospector Free
05/16/13 12:41 PM
profile icon
SuperC Free
05/14/13 5:31 AM
profile icon
SuperC Free
05/13/13 4:00 PM
profile icon
CIKTrader Free
05/13/13 3:59 PM
profile icon
SuperC Free
05/13/13 3:47 PM
profile icon
CIKTrader Free
05/13/13 11:49 AM
profile icon
CIKTrader Free
05/13/13 11:41 AM
profile icon
Commando911 Free
12/06/12 3:49 PM
profile icon
ptrigger Free
12/06/12 10:37 AM
profile icon
dialer55 Free
07/17/12 5:52 PM
profile icon
Potomac Free
07/16/12 8:23 PM
profile icon
l2 hunter Free
07/13/12 12:41 AM
profile icon
Potomac Free
07/12/12 7:20 PM
profile icon
ptrigger Free
07/12/12 3:43 PM
profile icon
Aduke Grandfathered
03/22/12 4:16 PM
profile icon
Value_Investor Free
03/22/12 2:38 PM
profile icon
dialer55 Free
03/22/12 2:32 PM
profile icon
WealthyKing Free
03/05/12 4:13 PM
profile icon
Value_Investor Free
03/05/12 3:58 PM
profile icon
WealthyKing Free
02/20/12 2:48 PM
profile icon
Value_Investor Free
02/18/12 4:44 PM
profile icon
Crusader Free
10/13/11 10:48 PM
profile icon
Crusader Free
10/13/11 10:42 PM
profile icon
Crusader Free
10/13/11 10:41 PM
profile icon
Crusader Free
10/13/11 10:39 PM
profile icon
drewdawg Free
08/18/11 1:01 AM
profile icon
l2 hunter Free
08/12/11 3:17 PM
profile icon
traderdon Free
08/12/11 8:54 AM
profile icon
voidindex Free
08/12/11 8:18 AM
profile icon
voidindex Free
08/11/11 3:29 PM

Creston Resources (CSTJ) RSS Feed

Followers
7
Posters
60
Posts (Today)
0
Posts (Total)
440
Created
03/10/06
Type
Free
Moderators

Creston Resources, LTD currently owns working  interests in a natural gas lease in Carbon County Wyoming, where BP American Production Company drilled and completed eight new wells in  mid 2009.   The company retains a royalty interest in several leases in Uintah and   Duchesne counties in Utah.
 
At a shareholder meeting on June 5, 2009, shareholders elected a new Board (see "BOD"),  asell as ratifying the  of the sale of  all of  the company's stock in  Homeland Gas & Oil, LTD.  In addition, the shareholders approved the sale of certain working interests in the Carbon County Lease and gave the Board power to effect a reverse stock split at its discretion (See details of these transactions at "New
 

http://www.crestonresources.com/

Outstanding Shares
34,691,865 as of Nov 1, 2005
Authorized Shares
100,000,000 as of Nov 1, 2005
Float
8,475,860 as of Nov 1, 2005

2007 Utah Production numbers, under Homeland oil and gas

http://oilgas.ogm.utah.gov/Statistics/PROD_opers_OIL_yr2.cfm

About the Company
Creston Resources Ltd. is an emerging oil and gas exploration and production company, which is concentrating on the development of its approximately 17,000 held by production (HBP) acres in the prolific Uintah basin of Utah. Creston, and its wholly owned subsidiary Homeland Gas & Oil, is currently ramping up production of high-quality oil. The company's strategy includes increasing production by reworking its lower production wells (which may include, in some cases, perforating new zones) and strategic drilling of new wells from among the offset and infield locations available on its acreage. Most locations are believed to offer multiple prospective pay zones, from moderately shallow to moderately deep.

About the Uintah Basin
The Uintah Basin is considered one of the most petroliferous areas in the country. Oil and gas production in the Uintah Basin began in the late 1940s, with major development in the 1960s, and expanding in the 1970s and 1980s. Since the 1980s there has been a surge of exploration and production activity in the basin, with thousands of wells being drilled and completed. Within the last decade, the use of the latest oilfield technological advances, including 3D seismic methods, has yielded significant discoveries in previously unproductive formations, opening up thousands of acres of the basin for exploration and development. More than 300 million barrels of oil (BO) have been produced from the Bluebell/Altamont field alone, and in 2004 combined total production from Duchesne and Uintah counties (in which over 95% of the company's acreage is located) was 9,615,191 BO (65% of the total oil produced in Utah in 2004) and 146,118,755 MCF of natural gas (49% of the total gas produced in Utah in 2004).






Volume:
Day Range:
Last Trade Time:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
CSTJ Latest News
  • No Recent News Available for this company!
New Post