Gasco Energy, Inc.(fka GSXN)

[OilStockReport]

I am particularly interested in their California operations. I wonder why kind of joint ventures may be expected near term.

OPERATIONS | California

Gasco’s leasehold interest in the San Joaquin Basin is approximately 24,996 gross acres (18,492 net) in Kern and San Luis Obispo Counties of Southern California . Leasehold rental payments and geological expenses are current in order to preserve the acreage positions. The Company is actively marketing these prospects to attract drilling partners for further exploration of the area. The project is in close proximity to the Midway-Sunset and Belgian Anticline oil fields which combined have cumulative production in excess of 2 billion barrels of oil.