Green Stream Holdings Inc (GSFI)

[Derekz]

Jan 4 PR >>>

Just read this one too. I am surprised that they need additional funding already. They will need the additional $2 mil to put the lease back online.

Has anyone here gone and looked at this lease? A lot of these wells are just casings capped with nothing else on them. Every flow line will have to be replaced.

I would be interested in this lease, but it has to many wells, many need to be plugged, and I would probably only produce around 25 on the lease. Spend the money on the 25 wells that can produce and plug all the others.

All the H-15 violations are going to need to be resolved before the lease can pump oil. We are talking at $4 mil to plug and clean up the no good wells before even bringing the decent ones online.

This project will take money, time, and patience, but it will make oil.