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I can imagine that some made the same comments about the computer when it was first introduced. The technology in question is NOT the 50 year old georadiometric technology but hydrocarbon imaging which brings the old technology into the 21st Century.
HIS is a leader in the application of the innovative Hydrocarbon Imaging technology designed to significantly improve the industry’s location and exploitation of oil and gas reserves. HIS has secured the exclusive rights to a hydrocarbon imaging hardware and software that represents 30 years of complied development. It brings together advances in Global Positioning Satellites (GPS), software, and electronics.
HIS provides a radiometric imaging service that rivals conventional seismic and downhole logging via a surface survey of the “radiation footprint” of a given area of geography. This technology goes beyond conventional techniques in both arenas of cost and reserve identification and has been leveraged to meet the needs of the 21st century
Management Team
R.J. Clark - CEO-President, Chairman of the Board
Robert J. Clark, age 60, is a thirty two year veteran in the oil and gas industry. Mr. Clark has numerous years of experience in marketing crude oil and natural gas liquids for major energy firms that include PetroSource Partners, Farstad Oil & Gas, and Unichem. He has experience in oil and gas lease acquisition, ownership, and operations. Robert has successfully built and operated service companies for gas processing, well stimulation, and chemical applications for the energy complex. Mr. Clark currently is serving as President of Hydrocarbon Imaging. He is responsible for overseeing all corporate operations and coordinating all major alliances, joint ventures, and business development.
Daniel Smith: V.P. Operations Manager
Daniel Smith has worked with the HIS program from the “ground floor up”. He has worked closely with Daniel Boone, inventor of the Hydrocarbon Imaging technology. Daniel is capable of supervising the computer interpretation and deployment into the field. Mr. Smith is in charge of all training and field operations regarding the future development of the HIS imaging units.
John Tanner: Consulting Geologist
John Tanner, age 62, is a 1972 graduate of Kansas State University. John has worked for major oil and gas companies over the years and he is currently HIS’ staff geologist. John is based in Dallas and has worked with HIS over the past two years. John evaluates all logging information and other geological analogs.
General Personal
HIS has its home office and warehouse facilities in Andrews, Texas. We are able to dispatch our personnel and vehicles throughout the United States. We have field units positioned in Houston and in Dallas for international travel.
The following personnel are in place and currently working for HIS and its related companies:
•R.J. Clark, Corporate Management
•John Tanner, Geologist
•Donnie Jones, Geologist
•Craig Schlicht, Sales and Marketing
•Garth Powell, Administration and Accounting
•Daniel Smith, Manager of Computer Integration
•Eric Clark, Sales/Field Technician
•Fred Madero, Field Technician
EXECUTIVE SUMMARY
Hydrocarbon Imaging Services, Inc. (HIS) has brought 50 year old georadiometric technology into the 21st Century. HIS is at the cutting edge of identifying and quantifying oil and gas reservoirs and reserves world wide with its sophisticated field equipment and its software integration abilities.
HIS is offering a “disruptive alternative” to the standard use of 2-D and 3-D seismic. Whereas seismic is an intensive field operation that is expensive and time consuming, Hydrocarbon Imaging is quick and non- invasive to the surveying property. Like seismic, Hydrocarbon Imaging can identify faulting patterns, but goes much further. Our imaging shows the entire “pool” of hydrocarbons as it relates to the substructure environment. We identify oil and gas reserves “in place” as well as “recoverable. Imaging can be done on land or on shallow bodies of water.
The term “Wildcat” is no longer viable—it is a term of the past. New fields can be identified and quantified prior to the drill bit entering the ground. Potential productivity of a given prospect can be quickly and comprehensively determined. With a success rate approaching 85%, Hydrocarbon Imaging rivals the industry standard of 40%. Commercial and non-commercial reserves funding will take on a whole different criteria.
HIS has imaged over 1 million acres of property in the past 12 months. It is gaining industry favor more and more following each imaging project. Its value as an exploitation is unrivaled. No other information source can lead the oil and gas producer to more cost savings on leasing, drilling, re-completion, production, and secondary and tertiary stimulation.
Hydrocarbon Imaging complements existing seismic, downhole logs, and production profiles. Our experienced staff of engineers, geologists, and technicians review and incorporate all information to substantiate the Hydrocarbon Imaging. We offer a complete package to the prospective client.
"They have a website but that's about it"! Perhaps you should check out their website again, looks impressive to me.
Hydrocarbon Imaging Services, Inc.
http://www.hydrocarbonimagingservices.com/index.html
Green Star Energies Releases Additional Information on Hawkeye and Midkiff Field
Green Star Energies (PL) (USOTC:GSRE)
Intraday Stock Chart
Today : Wednesday 24 August 2011
Green Star Energies, Inc. (PINKSHEETS: GSRE), as part of its due diligence process, has reviewed an Enhanced Georadiometric Survey for the Hawkeye and Midkiff field that was commissioned by a prior owner of the property covering approximately 1,100 acres in Eastland County, Texas. The report was generated by Hydrocarbon Imaging Services, Inc. ("HIS") in Andrews, Texas in August, 2010.
Radiometric surveying has been incorporated in the oil and gas industry both on surface and subsurface areas for over 70 years. Gamma Ray log interpretation is commonplace in oil and gas structural analysis. Surface surveying of gamma ray readings has been used and validated by oil and gas companies, major universities, and United States governmental agencies.
The results of the survey are as follows: of the 166 well bores on the property, 35 of the wellbores are equipped and ready for production. Most of the wells were drilled to and produced from the Adams Branch Sandstone. There is little account for the deeper combo play of the Barnett Shale. Using the standard industry variables, HIS's comparable net productive acres on the composite formations are calculated to be 1,044 productive acres in the Barnett Shale combo play with recoverable reserves of 5,922,651 barrels of oil.
These reserves were not studied or accounted for in the previously referenced reserve report that was commissioned in 2006 by the prior owners. The company expects to commission an updated reserve report through an independent party prior to its next quarterly filing.
ABOUT GREEN STAR ENERGIES, INC.
Green Star Energies, Inc. is currently targeting joint ventures or acquisitions in which existing oil projects are currently in or near term production. Additional information about the company and its holdings may be found on the company website at www.greenstarenergies.com
Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Green Star Energies, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Green Star Energies, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
Green Star Energies, Inc.
Email: Investorrelations@GreenStarEnergies.com
Phone: 1-800-983-3586
Corporate Site: http://GreenStarEnergies.com
5057 Keller Springs Road Suite 300
Addison, Texas 75001
Follow up letter from the Oregon Division of Finance and Corporate Securities (DFCS) concerning the investigation of Green Star Energies.
1/8/2010
XXXXXXXXXXXXXXXXXXXXXX
Its important that you understand that we are well aware of all activity from the parties we discussed. So far you have provided us information that is readily available in the public view. To date, you have not provided any elements that prove criminal activity.
We are looking for direct evidence (material) not in public view in your possession or the possession of others.
example: What evidence do you have that shows press release information is false, what evidence contradicts the press releases or financial spreadsheets?
Also to reiterate from are earlier conversation, I am your single point of contact at our office and there is no longer any need for you to attempt to reach out others within our small office as it just confuses our staff and takes them away from their other duties which are just as important.
Thanks
R Hicks
Rob Hicks
Investigator
Oregon Division of Finance and Corporate Securities (DFCS)
350 Winter ST NE RM 410
Salem, OR 97301
Desk: 503-947-7464
Fax: 503-947-7862
retiree..I’m optimistic about where Green Star is heading at the present time and very anxious for the work to get started in the field. dwb
Thanks for finding this information Westcanman!
This so call report concerning Green Star Energies indicates why the SEC office didn’t want anything to do with this person or the allegations. Also, I recall he claimed to be an investigative journalist for fraud, misrepresentation and was working with NBC Dateline.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52103139
I’m waiting for the day when we hear back from those complaints concerning Green Star Energies. The last series of complaints were not well received and I believe the SEC office said something similar to: don’t call or contact this office again with frivolous allegations.
Oh yes, the SEC complaints of which we have no documentation. If any complaints were filed they ended up in the Round File!
“just as you made fun of me, and told me that the SEC would” "throw my complaint in their Round File"
Yes, that is precisely where the SEC would send the complaint…to the Round File.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66441357
“just as you made fun of me, and told me that the SEC would” "throw my complaint in their Round File"
Yes, that is precisely where the SEC would send the complaint…to the Round File.
Do your DD Crowin, The lein from Schlumberger is with the operator of the well Tejones Operating - Not TNOG or GSRE.
Crowin, The lein from Schlumberger is with the operator of the well Tejones Operating - Not TNOG or GSRE.
Crowin, Please note that the link you provided is the email address provided by the CEO of Green Star Energies. Please use that email address to communicate with Steve Rackley,CEO. dwb
This may be the "shareholders meeting" you were referring to earlier. However, I do not believe it is the GSRE Labor Day party.
Green Star Energies will file appropriate paperwork with the Texas Railroad Commission to allow it to become the operator of the properties. The company intends to begin the process of permitting immediately with workover expected to begin within 45 days. The transaction is subject to board and shareholder approval.
The Adams Branch is a Pennsylvanian aged sandstone and a member of the Canyon group. On the Hawkeye and Midkiff leases, the Adams Branch is buried at a subsurface depth of approximately 1,200 feet. Additional potential in the fields exists in the marble Falls Limestone, Barnett Shale, and Ellenburger formation, all of which produce in Eastland County.
As part of the transaction Green Star will receive the rights to properties that cover approximately 1,100 acres in the Hawkeye and Midkiff Field in Eastland County, Texas, and are just south of Cisco, Texas. Of the 166 well bores on the property, 35 of the wellbores are equipped and ready for production. Most of the wells were drilled to and produced from the Adams Branch Sandstone.
Green Star Energies will file appropriate paperwork with the Texas Railroad Commission to allow it to become the operator of the properties. The company intends to begin the process of permitting immediately with workover expected to begin within 45 days. The transaction is subject to board and shareholder approval.
Please provide evidence that management says "trust me". I have never heard that coming from GSRE management.
Crowin, This link is 3 years old. If this is true provide the current information and not out dated misinformation please.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43103127
Crowin, Would you please provide links that contain current information and not outdated and misinformation.
2009 again? Do you have something a little more current Crowin?
"did I miss anything" Yes, you forgot to provide the documented proof to your accusations concerning Green Star Energies.
Crowin, You had to go back to 2009 to find that stuff? Please provide something current.
My understanding is that the Gleason Engineering report shows a discounted value of proven reserves of $10.8 million which is only for the Adam Branch Sandstone formation. There have also been some successful Barnett Shale, Ellenburger and Marble Falls wells completed in Eastland County.
“6 months down the road, after I send another GSRE complaint to the SEC” Are you aware of a pattern here? Yes, that complaint will also be tossed in the Round File.
“just as you made fun of me, and told me that the SEC would” "throw my complaint in their Round File"
Yes, that is precisely where the SEC would send the complaint…to the Round File.
Provide documented evidence of all those accusations concerning Green Star Energies.
Big Volume today and price holding steady: 219,535,812 M @ 3:49:10 PM ET
I would expect to see the accumulation of shares continue at a low pps for the time being. Eventually, those shares are going to be sold. I do not anticipate shares being sold at a low pps.
True, your statements concerning Green Star Energies are unproven and just opinion.
I don't recall ever being asked by GSRE management to "trust me".
Can you provide statements indicating this assertion ?
My focus is on Green Star Energies now and in the future. Unproven statements and accusations brought against Green Star Energies 5 years ago have no application to where the company is today or will be tomorrow.
If you would go over all the posts on this board, I believe you will find the statement and information pertaining to that statement. I remember it very clearly.
I foresee this most recent complaint going in the round file with the others.
Apparently, the english is not perfected to the degree of proving the statement to be accurate.
Would you please explain this statement? “I personally know the players, they are crooks, and they will be brought to justice”
From your statement you indicate that you personally know the current management of Green Star Energies?
Steve Rackley, CEO / Chairman
Gabriel Prieto, COO / Director
Ben Whitehurst – Independent Director
Tali Pleotz – Independent Director
I look forward to your prediction as being true.
Questus Energy, LLC has several properties that they want to move into a public entity because they believe that the public marketplace is the best place to raise capital. I understand the company has two groups lined up for financing of which they have been provided term sheets. The company has not decided which route to take, one is equity and one is debt. That announcement will be made at a later time.
Questus is not going to put assets into the company for free. They have to be compensated. They are willing to take shares of the company stock, even at this low level because they know that the quality of the properties and the work to be done will increase and enhance the value of the properties and thus the share price. The company is asking for an increase in authorized shares to help pay for the merger.
I believe Green Star Energies is very serious about working the fields and making money from the sale of oil and gas. dwb
Green Star Energies Enters Into an Agreement for a Reverse Merger With Questus Energy, LLC
Green Star Energies (PL) (USOTC:GSRE)
Intraday Stock Chart
Today : Monday 22 August 2011
Green Star Energies, Inc. (PINKSHEETS: GSRE) is pleased to announce that it has entered into an preliminary Agreement to execute a Reverse Merger with Questus Energy, LLC., a privately held oil and gas company. As part of the transaction Green Star will receive the rights to properties that cover approximately 1,100 acres in the Hawkeye and Midkiff Field in Eastland County, Texas, and are just south of Cisco, Texas. Of the 166 well bores on the property, 35 of the wellbores are equipped and ready for production. Most of the wells were drilled to and produced from the Adams Branch Sandstone.
The Adams Branch is a Pennsylvanian aged sandstone and a member of the Canyon group. On the Hawkeye and Midkiff leases, the Adams Branch is buried at a subsurface depth of approximately 1,200 feet. Additional potential in the fields exists in the marble Falls Limestone, Barnett Shale, and Ellenburger formation, all of which produce in Eastland County.
Gleason Engineering was commissioned by the previous owners of the fields to evaluate the properties in March of 2006. At that time Gleason estimated that Proved Reserves were 404,821 barrels of oil equivalent with a net present value (PV10) of $6.4 million using an oil price of $63.25 per barrel. No oil has been produced from the leases since the reserve report was prepared, so adjusting for a current oil price of $85.00 per barrel, the remaining 404,821 barrels of proved oil have a net present value of $10.8 million.
Green Star Energies will file appropriate paperwork with the Texas Railroad Commission to allow it to become the operator of the properties. The company intends to begin the process of permitting immediately with workover expected to begin within 45 days. The transaction is subject to board and shareholder approval.
This transaction will require an increase in authorized common stock. The company will be holding a special shareholder meeting and vote to seek the required approval. In addition, the company will be asking shareholders for permission to change the company name and trading symbol.
ABOUT GREEN STAR ENERGIES, INC.
Green Star Energies, Inc. is currently targeting joint ventures or acquisitions in which existing oil projects are currently in or near term production. Additional information about the company and its holdings may be found on the company website at www.greenstarenergies.com
Green Star Energies, Inc.
Email: Investorrelations@GreenStarEnergies.com
Phone: 1-800-983-3586
Corporate Site: http://GreenStarEnergies.com
5057 Keller Springs Road Suite 300
Addison, Texas 75001