Green Stream Holdings Inc (GSFI)

[Multi-Bagger]

EGOH updates on company website

http://eagleoilholdingco.com/the-operation/

The Frank Farm Lease is comprised of 50 acres and holds 12 previously drilled oil wells with a 78.1% NRI. The Morrison Lease is comprised of 396 acres and holds 60 previously drilled oil wells with a 87.7% NRI. The Company is in the process of carrying out multiple tests on the leases in order to determine probable economics, including flow rates, from each the wells.

Recent, dramatic commodity price increases and surging global demand means the outlook for such resources is strong. Extraction has become more profitable in areas where production costs were formerly prohibitive. This creates highly favorable opportunities for the company in both development and redevelopment of its leases and the future leases that it will acquire.
It will take about $10,000 to repair each well and will yield 1 to 2 barrels per day once reworked with formula added. We intend to drill new wells which will cost $80,000 per well and will have a much higher yield.