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DFW

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Alias Born 05/13/2006

DFW

Re: ironjericoh post# 16825

Tuesday, 01/04/2011 12:51:47 PM

Tuesday, January 04, 2011 12:51:47 PM

Post# of 30337
Thank You, however

in a sticky on your board
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58315944

I researched that area for where you stated that ZLUS is drilling 8 miles from the same area where XTO Energy was drilling to produce enough oil to be bought out by Exxon. I like our chances for success for two reasons:

1.) ZLUS has just begun drilling in an area that is highly proven.
2.) XTO Energy had produced billions of dollars in oil and natural gas from that same area.



Steam will or are drilling "offset" to XTO proven property.

I am well aware of were those companies are located because I am sitting in the middle of Dallas now. my handle (DFW)

Exxon bought XTO because of their gas holdings (current depressed price) and not because of this one holding but that is a good oil field. If Steam's well will prove out, the above sticky could be close to true.

Thanks for the heads up..wink

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