Norstra Energy Inc (NORX)

[Heliopios]

Lease-to-own rights. Unless you care to show me how they purchased 12,000 acres of oil land without spending any money. And explain why this following 5-step process is included:

On March 12, 2013, we entered into a farmout agreement with Summit West Oil, LLC for approximately 10,000 acres of oil and gas exploration property in northwest Montana known as the South Sun River Bakken Prospect. This property has since become our main focus. Under the terms of the farmout agreement, we are required to carry out the following expenditures in order to earn ownership of the property:
$60,000 by April 5, 2013 for the acquisition of seismic and other exploration data; (requirement met);
$140,000 by April 30, 2013 for the reinterpretation of the seismic data as well as delineation and surveying of potential drill locations; (requirement met);
Drilling of an additional horizontal well at an estimated expenditure of $5,000,000 by June 30, 2013;
Drilling of a horizontal well at an estimated expenditure of $5,000,000 by December 31, 2013; and
Drilling of an additional horizontal well at an estimated expenditure of $5,000,000 by December 31, 2014.

Once we complete the above obligations, we will hold a 100% interest in the property, subject to an underlying 20% burden to Summit West Oil, LLC and the State of Montana.