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Re: None

Tuesday, 06/09/2009 11:38:08 AM

Tuesday, June 09, 2009 11:38:08 AM

Post# of 2248
On June 3rd Northern Exploration's (NXPN) press release had the exact same details as this new GWGI pr.

NXPN:"The natural gas well was drilled, cased, completed and stimulated in the Wolfcamp Canyon Sandstone Formation. Upon tie-in to the pipeline infrastructure, the well has been producing gas since May of 2009 at daily rates of 200 MCF per day.

Estimates of gas reserves associated with this well are approximately 0.5 BCF. The gas is sold under a purchase agreement with Eagle Rock Energy and is currently priced at a bid-week production price of $4.04 per MCF.

This initial well is the first of 20 wells that will be drilled and completed on the leased acreage. Further details will be announced to stakeholders regarding the timing of the on-going development plan at the Ozona Project."

GWGI:"The gas well was drilled, cased, completed and stimulated during the past month. Subsequent to the completion of a tie-in to the pipeline infrastructure, the well has been producing gas since late May of 2009 at daily rates of 200 MCF per day.

The operator has estimated that the gas reserves associated with this well are approximately 0.5 BCF. This initial well is the first of 20 wells that are planned to be drilled and completed on the leased acreage. Further details will be announced to stakeholders regarding the timing of the on-going development plan at the West Texas Project as information becomes available."

Did GWGI just copy Northern's pr and switch some details??
They both have disclosed that they are in partnership with "Dominus Energy" so it could very well be the same well. However, who is Dominus Energy????? I'd really like some answers!

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