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Get off your goose and buy zlus! Go Zlus!!!!!
I didnt go to louisiana. good thing I didnt, we went up today.Lol! Mid Feb (latest) this should be really close to .01 If they get the default wells, then easy boomage.
mid feb. latest
where do you get ties with t boone pickens.
all 2010 prs came out at 8 a.m. except one which came out at 830 am. 2009 pr was at 140pm. 8 it is...
good one. 2 days Im there. By the way, do you have a link or proof where snails talk! LOL. GO ZLUS!!!!!!!!!!
if you read some you will see that someone will be there this weekend. also the pr states the company has investors. there is the money.
drill in low risk oil fields. You think that would be to save money, avoid or limit dilution and ultimately make the company, investors and shareholders more money. Lol. But some dont know that is the point I am making.
really would make you wonder also if you call the ir guy and chris brother and ask questions about the company and chris. Out of the blue, you get a call from Todd Ault. I called him Milton. But that is unusual. He was in a car on a cell phone with a girl. Could have been one of his adult entertainment buddies, lol. He said he had complete faith in Chris and he was putting the past behind him. Chris brother Michael said Chris was the smartest person he knew. When I asked Chris dad for information, he gave me Michaels cell phone number and office number.
they have other money coming in. the pr says shareholders and investors. But the dropping roughly 40% is a pain. Especially when it has been stated to get rid of a stock if it drops 10% on the big boards.
what you failed to realize is that not only did they mention the sanders lease where they said they will wait until the spring, but you did not realize that they are in state lease #2 where they have completed a well and are waiting on results due out later this month. They also mentioned that they are in search of other well sites in that area. they must atleeast find two more well sites in the state lease between now and March.
I would say call his dad about the schooling. The lawyer in Oklahoma. Couple of them, but I already posted his name. Dilution, not necessarilu true. Corestream stated they had shareholders and investors. That is why the percentage corestream owns is subject to change, therefore reducing to chance of dilution. Would it be plausible to say with the lawsuit and the selling of the assets, that corestream might have $150,000 cash available or more.
Hope so, but my date is with giving them the benefit of the doubt.
I would definitely worry if we are not to .01 by April. That would not be productive. For the reason one well is ready. Working on atleast #2, and #3 has already been stated in the spring it will resume. If 3 wells cant get a penny, that wouldnt be too good.
Im right behind you! Go Zlus!!
see what it did, it got news to come out. lol.
I hope so. Bought more today. I did that because I bought 911 shares to get a response which I guess no one caught it yet. Then I bought thousands more to even it out. Plus I am making a trip there this weekend. So I have a good sum in this.
watch what is coming. lol.
will do. I am pretty sure that they are already drilling the next one. I will email all the information and pics I get for you to post here if you want. Need your email or other regs here.
I am heading to state lease 2 on saturday though.
There will be a pr from me, lol. Saturday or Sunday. But yes, you make a good point.
transparent. Yes, after the name change!!! I will not be going to Sanders. No action there. State lease, where I believe they will have atleast another well they are drilling. Yeah, I would say drilling by Saturday.
State lease #2, not sanders #2. Different areas. I also do not see anywhere in catahoula lake where a well produces 100 barrels a day.
Im there at the latest on the 15th taking pics, talking to some people as well. Taking pics (oil wells, the flooded area, employee or two and I will throw in a truck picture.) I cant bear waiting around when I have a good chunk in here. Hopefully I can gain access to the property. If not, some general pics of the area should help. I hope Kepco will have a sign on their truck and I will also talk to some workers from different companies and get their input on the area. I will send all the information to someone on heres email and they can post all the stuff. I guess it will be Walker or one of the others.
I posted it from Ou university. It is all there for anyone to see. I am 100% correct on this no ifs and or buts. An article stating oil bowl with Chris Rainbolt being a receiver is not proof. The actual roster from Oklahoma where you can look up all the years of the school with no Chris Rainbolt anywhere from 1980 up to 1990 is the best possible dd that can be provided on this issue. I am 100% without any doubt that I am nothing other than correct on this matter. Here it is and nowhere is he to be found. That has nothing to do with oil anyway. Im in it for the oil.
http://www.soonerstats.com/football/players/roster.cfm?seasonid=1983
thats what I said. anyone up for the trip to La next week.
If they cut our percentage stake then wouldnt you think they would have other ways of funding rather than diluting? Dont you think a share reduction would mean more money for the shareholders anyway.
I will do all that. I was waiting on the detective to see if he was up for it.
I myself was thinking about going on the 15th of this month. I am more than willing to go. All we will be able to find out is the progress and what else they are expecting to do. I live in the Austin area. I am sure everyone else wants the heads up. If you cant go Saturday I can go any other day after Wednesday after 4p.m. Go Zlus!!!!
last time. It does not matter with the old ZLUS whether or not they got one million or one dollar. Thats irrelevant. In the pr it says shareholders and investors. Investors spend money. Obviously they have some agreement with Kepco or they have paid them a percentage to drill or both. The results speak for themselves. Things have been accomplished that do cost money. No business will tell you where they get their money from.
same areas we are in
http://www.prymeoilandgas.com/downloads/RMResearch-PYM-230310.pdf
the state lease area
The first well has been completed at Catahoula Lake (State Lease No 19857) on
the Hawg Pen Prospect and intersected oil bearing sands of the Wilcox Formation
at 5,200 feet. Production casing has been run and initial production is 30BOPD
a glimpse of water in oil issue.
http://query.nytimes.com/gst/abstract.html?res=FA0A17F73A5F13738DDDA80A94D1405B838DF1D3
One from 2006
Pryme Oil Sees Success Again in LaSalle Parish Project
Friday, December 22, 2006 - Pryme Oil and Gas has encountered 22 feet of excellent oil sand in its second well drilled in the last 7 days, the Northwest Rogers No.16 well that was logged today
another 2006 from the Wilcox area
http://www.rigzone.com/news/article.asp?a_id=36682
90% water. thats complete bs. I know they would plug it in a hurry if it had that much water in it. They found oil on my grandfathers property when they were getting gravel out in central texas. They plugged that in a hurry and it had nowhere near 90% water.
werent the permits and all here on a government site. If they falsified that, they would be in some deep stuff. notice how on the other one it was overseas and everything be it someones name or company was misspelled. They havent named the backers here have they. Let alone talking about a buyout. I already know exactly where one of them works, so it wouldnt be hard to find them.
I would say the registration isnt that big of an issue because they are changing their name. I looked at Adkins and he got his masters a few years after attending OU in Kansas. I didnt really see where he was with Zlus before, but he is now. Your issue with the lack of transparency is that I see they named who is doing the drilling, the field where they are drilling, the new field they are looking at and they threw in a bonus of mentioning hunters. They even gave a time frame when they expect to inform shareholders next. They gave the size of one of the leases. I think they are not worried about being current in Nevada and are waiting until they are able to change name/symbol. I even think they mentioned that awhile back.
When Ault called me, of course I asked about that stuff. He said it was settled and they are moving on. He also stated that he turned over things to Chris and as far as Capstone or whatever its called, it was still alive and kicking.
The cut in this is that I doubt a major oil company would hire Kepco. A major oil company probably would have their own crew. With the economy being in shambles, I am sure that Kepco would accept a percentage up front and take the balance after completion or even accept a percentage.
Dont know him from Adam but Michael said Chris was the smartest person he knew. He wouldnt go into details about Zlus because it could be concerned insider information. With the pr and a CEO with an extensive backgrond in the oil industry, I feel they have about a month to show positive results that show the amount of oil produced per day. One well is ready and they are searching for others. The next pr could say they have two wells producing.
I already posted my email from zlus. There is a statement that was added before the heading of the pr. It clearly states shareholders and investors. It is posted below. Sorry for any grammar, which would be on the part of Zlus.
Dear shareholders and other investors with interest in CoreStream Energy,
The company is please today to announce a successful completion of its first well. It is a great start to what is hope to be a very successful future for the company and its investors and shareholders. For your convenience the text of that announcement follows.
Thanks for your continued interest and support
currently as recent as today from zlus pr sent via email, they state that zlus has shareholders and investors. whether it be a bank, mom and pop oil, or a loan shark. that is how they are funding their drilling and possinly leases. It should be clear as well that kepco is more than likely getting a percentage up front to do the drilling and a percentage or remaining difference after the results of the drilling.
I meant results as something being completed.
Looking for wells is showing progress.
My pr clearly states well completion. I guess we are waiting on the production flow. I take the pr that people received through email to mean that one well is ready to be pumped, or ready to be plugged.
well completion in my pr shows results.
looking shows progress.
Mine is from the company. I will post it. I have an extra paragraph before the pr.
Fri, January 7, 2011 9:45:58 AMCoreStream Energy Announces Successful First Drilling Effort
From: Investor Relations <ir@corestreamenergy.com>Add to Contacts
To:
--------------------------------------------------------------------------------
Dear shareholders and other investors with interest in CoreStream Energy,
The company is please today to announce a successful completion of its first well. It is a great start to what is hope to be a very successful future for the company and its investors and shareholders. For your convenience the text of that announcement follows.
Thanks for your continued interest and support.
CoreStream Energy, Inc. Announces Successful First Drilling Effort
Preparing to Drill Second Well on 1,600 Acres of Prime Oil and Gas Exploration Land
Irving, TX (Marketwire – 01/07/11) CoreStream Energy, Inc. (OC Markets: ZLUS.PK) today announced the successful drilling of the State Lease #2 well in the Catahoula Lake area in LaSalle Parish, LA, an area of significant proven reserves that has seen considerable success in the past. CoreStream Energy, Inc. maintains a non-operated working interest in this well. The well was spudded on December 28 and drilled in the Wilcox Sand formation at a total measured depth of approximately 4,695 feet with a directional drilling angle of 13° beginning at approximately 3000 feet. Once the well is completed, it is expected to be productive, although a projected production rate is not known at this time. Both the well logs and core samples indicate strong oil potential in two different pay zones. Natural gas production is not expected to be significant. All investors who participated in the exploration phase of the well are expected to participate in the completion phase as well. Due to these ongoing completion activities, the final calculation of CoreStream Energy, Inc.’s net working interest percentage has not been finalized. The well is in the process of completion and is expected to begin production by the end of January. This well is CoreStream’s first of many planned investments in this established and steady production area. CoreStream Energy plans to continue to pursue a strategy of investing in intermediate depth drilling in low risk fields both on an operated and non-operated basis.
This well is located on a leased parcel of 1600 acres of prime oil and gas exploration land. Based on this week’s successful effort, CoreStream is moving immediately to begin the process of exploring the next best geological opportunity within this leasehold. Chris Rainbolt, CoreStream’s CEO, is extremely pleased with this effort and commented, "The interpretation of the core analysis of the State Lease #2 well provides a very strong indication of the consistency of productivity inherent in so many of the existing wells in the Catahoula Lake area, and we believe this success demonstrates that our investment strategies are on target. I wish to thank all those who gave around-the-clock effort during the holidays to help us deliver this initial major success for CoreStream and its shareholders. Because we were able to commit to this project before the end of 2010, this effort will bring new opportunities to CoreStream that would not have been made available had we not moved so quickly on this opportunity. We are extremely pleased to have successfully obtained rights to such properties in this very productive area at a time when oil demand only appears to be increasing worldwide.”
Further details regarding CoreStream’s net working interest percentage and production rates will be reported to shareholders when they become available. Due to the importance of this first project, and our commitment to inform our shareholders in a timely manner, CoreStream elected to issue this initial and limited report of well success and company operations. A more comprehensive report will be available in the coming weeks.
Regarding our previously reported lease to drill the Sanders #1 well, CoreStream still intends to drill in this very promising area and has begun the process of identifying the desired geological profile for a drilling site within the lease. While the annual flooding of Catahoula Lake provides hunters with one of the top duck hunting sites in the country, such flooding will postpone drilling activity until later in the spring of 2011. Shareholders will be updated as developments warrant.
About CoreStream Energy, Inc.
CoreStream Energy, Inc., a Nevada Corporation based in Irving, TX is an independent energy company engaged in the acquisition, development, exploitation and production of crude oil and natural gas from onshore conventional properties in Texas, Louisiana, Oklahoma and Mississippi. It currently trades on the OTC Markets as ZLUS.PK with a symbol change expected soon from FINRA.
Forward-Looking Statement:
This press release includes "forward-looking statements" as defined by the Securities and Exchange Commission ("SEC"). Such statements include those concerning CoreStream Energy, Inc.'s strategic plans, expectations and objectives for future operations. All statements included in this press release that address activities, events or developments that CoreStream expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions CoreStream made based on its experience and perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond CoreStream's control. Certain of those risks and uncertainties are discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and quarterly reports on Form 10-Q. Statements regarding future production, revenue and cash flow are subject to all of the risks and uncertainties normally incident to the exploration for and development and production of oil and gas. These risks include, but are not limited to, commodity price changes, inflation or lack of availability of goods and services, environmental risks, drilling risks and regulatory changes and the potential lack of capital resources. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. These forward-looking statements are only made as of the date of this press release and CoreStream Energy, Inc. does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Contact Info:
IR@CoreStreamEnergy.com
(214) 624-5200