Freestone Resources Inc. (fka FSNR)

[Peak Oil]

Melrose Resources had same idea:

On 31 May 2001, Melrose completed the acquisition of various lease interests immediately adjoining existing interests in the Turner Gregory field area in Mitchell County, Texas. The lease interests acquired cover approximately 1,000 acres with proved reserves of 1.8 MMbbls and a discounted net present value of US$5.2 million. Current production from these leases is approximately 40 bopd net to the interests acquired. The acquisition cost was US$1.0 million.

Petrozene could easily increase production an average of 260% or more.

The increase could be up to 600%.
http://72.14.253.104/search?q=cache:yIU2S0MEuB8J:www.hemscott.com/scripts/AFXnewstory.dll/text%3FEPI....

Melrose update:
Turner Gregory field interests Work on the Turner Gregory Unit in 2004 was focused on bringing wellbores into regulatory
compliance, including the abandonment of some old wells, prior to water injection operations commencing. In the meantime, average daily production declined in line with expectations by 10% during 2004 to 106 boepd.
http://72.14.253.104/search?q=cache:s3Y9pHp8SXUJ:www.oil-barrel.com/pressreleases/melrose310305.pdf+....