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Wednesday, January 05, 2011 6:09:46 PM
LHPT DD
Lighthouse Petroleum
Contact Info
P.O.Box 794003
Dallas, TX, 75979
Website: http://www.lhpetro.com
Phone: 801-984-0200
Email: ir@lhpetroleum.com
SEC Filings
http://www.otcmarkets.com/stock/LHPT/financials
PR Jan 5th-LHPT Paxton Energy Acquires Majority Interest in Quinta Wells
http://www.otcmarkets.com/stock/LHPT/news
"The property contains three wells, two of which are currently in active production, with the third to be converted to a salt water disposal well. Based on internal engineering reports, the wells contain reserves valued at $2.2 million at PV-10 (present value at a discount rate of 10%). These wells require a rework program, after which production rates are forecast at 40 barrels of oil per day producing an annual running rate exceeding $750,000. Recoverable reserves over a ten year period are estimated at more than 117,000 barrels. Rework is expected to be completed and increased production to begin in the next 30-60 days."
Glen Kennedy, Chairman of the Board and Chief Executive Officer
http://www.researchviews.com/energy/oil-gas/Transportation/NewsReport.aspx?sector=Transportation&ArticleID=257911
Shares Outstanding 280,366,426 a/o Oct 12, 2010
Float 204,366,426 a/o May 07, 2010
Authorized Shares 10,000,000,000 a/o Oct 12, 2010
Par Value 0.001
Madison Stock Transfer Inc.
Transfer Agent
1688 East 16th St
Brooklyn, NY, 11229
barchart.com= STRONG BUY
http://www.barchart.com/quotes/stocks/LHPT
Lighthouse Petroleum
Contact Info
P.O.Box 794003
Dallas, TX, 75979
Website: http://www.lhpetro.com
Phone: 801-984-0200
Email: ir@lhpetroleum.com
SEC Filings
http://www.otcmarkets.com/stock/LHPT/financials
PR Jan 5th-LHPT Paxton Energy Acquires Majority Interest in Quinta Wells
http://www.otcmarkets.com/stock/LHPT/news
"The property contains three wells, two of which are currently in active production, with the third to be converted to a salt water disposal well. Based on internal engineering reports, the wells contain reserves valued at $2.2 million at PV-10 (present value at a discount rate of 10%). These wells require a rework program, after which production rates are forecast at 40 barrels of oil per day producing an annual running rate exceeding $750,000. Recoverable reserves over a ten year period are estimated at more than 117,000 barrels. Rework is expected to be completed and increased production to begin in the next 30-60 days."
Glen Kennedy, Chairman of the Board and Chief Executive Officer
http://www.researchviews.com/energy/oil-gas/Transportation/NewsReport.aspx?sector=Transportation&ArticleID=257911
Shares Outstanding 280,366,426 a/o Oct 12, 2010
Float 204,366,426 a/o May 07, 2010
Authorized Shares 10,000,000,000 a/o Oct 12, 2010
Par Value 0.001
Madison Stock Transfer Inc.
Transfer Agent
1688 East 16th St
Brooklyn, NY, 11229
barchart.com= STRONG BUY
http://www.barchart.com/quotes/stocks/LHPT
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