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OilStockReport

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OilStockReport

Re: OilStockReport post# 43

Thursday, 06/02/2011 5:06:02 PM

Thursday, June 02, 2011 5:06:02 PM

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Info on Stark County:

An additional 50000 net exploration acres are held in Stark County. This is a play on the Three Forks. Fidelity's first well (Kostelecky 31-6H) was promising with an average IP rate of 1343 BOE. It carries an operating interest of 94.5%. It is drilling two additional wells. A $37 million 2011 cap ex program will be used to drill six operated wells. Fidelity plans to participate in non-operated wells in Stark County.

This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My resume is real time on Twitter @TurnKeyOil.

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