revised: good morning all. lalitha, i did agree with your take on yesterday, but i do think something different will be instore for this stock today, lol. but if one were to get this stock early while people are digesting the latest, one might get sub 3 or close to it before the rise...maybe it'll continue the trend. one would think this news is good for a pop. there is a gap that might fill from yesterday's close though....
scraft, beauty on the add :) !
atoms, i believe this is the news that was alluded to in that pr released on the june 29 advising of westar oil getting ready to take a controlling interest interest in a public oil and gas company for $150 million. with the acquisition set to close on the second week of july. plus don't forget the 24k acres located in arkansas on the horizon.
tsp has a mix of verts and horizontal plays in the barnett shale. plus a toehold in guatemala. look below and see who they are in partnerships with in tx, devon energy and carrizo o & g, and encana.
"TrueStar Petroleum Corporation is an oil and gas exploration, development, and production company. TrueStar has interests in 34 producing gas wells in the Barnett Shale gas play in Texas and a 10% interest in a license for oil and gas development on 554,000 acres in Guatemala, and is waiting the reassignment of the remaining 90% interest in the 554,000 acre License. Working interest partners in Texas include publicly listed Devon Energy (NYSE: DVN), Carrizo Oil & Gas (Nasdaq NM: CRZO), and EnCana (NYSE: ECA)".
i like how truestar petroleum has a halfway decent functional website and can't wait until westar updates their's.