CoreStream Energy, Inc. (fka ZLUS)

[Biochemist2002]

Re: confirmation of second well being drilled

It appears that the first drilling (on lease #2) was successful, but the second drilling (on Sanders #1) is not expected until Spring. With regard to lease #2 that was just drilled, I imagine we're anticipating news on the well being completed (or at least that's how I interpreted the last PR). Is there a way to check on the status of the well construction (i.e. a database for wells by serial #, license #, or permit #). I appreciate the feedback. This looks like a great time and place to invest in CoreStream Energy.

CoreStream Energy, Inc. (PINKSHEETS: ZLUS) today announced the successful drilling of the State Lease #2 well in the Catahoula Lake area in LaSalle Parish, LA, an area of significant proven reserves that has seen considerable success in the past. CoreStream Energy, Inc. maintains a non-operated working interest in this well. The well was spudded on December 28 and drilled in the Wilcox Sand formation at a total measured depth of approximately 4,695 feet with a directional drilling angle of 13° beginning at approximately 3000 feet. Once the well is completed, it is expected to be productive, although a projected production rate is not known at this time...

Regarding our previously reported lease to drill the Sanders #1 well, CoreStream still intends to drill in this very promising area and has begun the process of identifying the desired geological profile for a drilling site within the lease. While the annual flooding of Catahoula Lake provides hunters with one of the top duck hunting sites in the country, such flooding will postpone drilling activity until later in the spring of 2011. Shareholders will be updated as developments warrant.

http://www.marketwire.com/press-release/CoreStream-Energy-Inc-Announces-Successful-First-Drilling-Effort-1377178.htm