Norstra Expects to Acquire Drill Permits This Week SOUTHLAKE, Texas, July 15, 2013 (GLOBE NEWSWIRE) -- NORSTRA ENERGY INC. WWW.NORSTRAENERGY.COM (OTCQB:NORX) ("Norstra" or the "Company") would like to inform investors that the drilling permit should be acquired this week. As we prepare to drill, a prognosis needs to be developed to provide the best estimate of where the formations will be encountered. Data from the Krone, Soap Creek #1, and Soap Creek #13-31 display varying sequences or formations due to the thrusting in the area. From the seismic, it appears that the thrusting activity will occur from surface to perhaps the Swift formation at around 5,500 feet. The Bakken appears at around 8,800 feet while in the Krone it is at around 7,000 feet. This difference is attributed in part to additional thrust blocks present between surface and 5,000 to 6,500 feet. The best estimate for where we will encounter formation tops is as follows: 13-11 Milford Colony elevation 1. surface -- Two Medicine formation 2. Virgelle (if no thrust) -- 127 ( +2919) 3. Milk River -- thrusted 4. Blackleaf -- thrusted 5. Kootenai -- thrusted 6. Morrison -- thrusted 7. Swift -- thrusted 8. Rierdon -- 6400 (-2185) 9. Sawtooth -- 7510 (-3295) 10. Madison -- 7580 (-3365) 11. Bakken -- 8800 (-4585) Gas has been noted in the offsetting Soap Creek #1 and the Soap Creek 13-31. The gas is either in the Virgelle, adjoining Eagle, or coal stringers. An attempt will be made to drill with air to best evaluate the gas potential. Oil is mentioned in a shallow sand as well. No gas kick was associated. Even with fluorescence it may be a heavy crude.
Market Data 
Markets 
AI
