Prostar Holdings Inc. (MAPPF)

[ajklein99]

News Released, Sales Commenced, Great SS
This company commenced sales on their first drilling operation today.

MORE INFO IN INTRO MSG ^^^^

3/22 : http://www.otcmarkets.com/stock/DXAEF/news?id=28168&b=y
3/07 : http://www.otcmarkets.com/stock/DXAEF/news?id=27980&b=y

I just found them, More DD will be posted as it comes.

edit*
unconventional oil and gas monitor issue 47 14 march 2011 week 10

http://www.doxaenergy.com/_resources/unconventional_ogm_week_10.pdf

Just three months into a new year with what is coming to be a time of unprecedented growth for both the
conventional and unconventional sectors,
Canadian explorer Doxa Energy already
is marking progress with several of its
operations and has also inked acquisition
deals to participate in two projects in the
Texas Gulf Coast.
The Vancouver-based company said
that its first new project was its 12.5%
participating interest in the Sartain Assets
Oil Prospect in Frio County. The first
well at the location, which is estimated to
encompass about 1,000 acres (4 square
km), is a re-entry of an existing well. It is
targeting the Pearsall Austin Chalk
formation at a vertical depth of around
6,000 feet (1,830 metres), having commenced drilling.
Its plans include a
horizontal lateral through the fracture’s
Austin Chalk to roughly 4,200 feet
(1,300 metres). Officials have noted that
many other prolific oil wells exist in the
area of the Sartain Assets Prospect,
operated by Texas-based AWP Operating
Company.
The company has also acquired a 15%
working interested in Wharton County’s
Emshoff Prospect. Doxa’s operating
partner Dynamic Production has begun
drilling a test well at the 640-acre (2.6-
square km) unit. The Emshoff Unit No.
1ST will target the middle Wilcox gas
sands which are productive on a
neighbouring trend; the well itself is a reentry
and sidetrack of an existing well.
Doxa has also made progress on four of its other active projects in the region,
Sarco Creek, Peeler Ranch No. 1-H,
Martin-State Gas Unit No. 1 and Davis-
McCrary No. 1. The first of these, last
updated in late 2010, is now in a seismic
data acquisition phase following some
weather delays in December 2010. That
step is now 80% complete, and field
operations are anticipated to be complete
within days pending weather conditions.
“Processing of the field data has
commenced and is expected to be
complete by the end of March,” officials
said. The representatives added:
“Evaluation of the processed data will
follow in an effort to identify and qualify
drilling prospects,” and the input will
first be reviewed for development
opportunities in the Miocene and Frio
formations above 5,000 feet (1,500
metres).
The Peeler Ranch project in Atascosa
County, the initial well in the Peeler
Ranch Prospect, is now undergoing
multi-stage fracking operations.
Additionally, drilling operations have
been completed at the Martin-State Gas
Unit No. 1 in McMullen County, and
casing has been run and cemented there
based on log evaluation results.
Completion operations are expected in
the near future.
Finally, Doxa said that it had
suspended completion operations at the
Davis-McCrary No. 1 well, a test in the
Edwards formation in Atascosa County,
owing to an unforeseen high rate of water production linked to its expected oil
yield.