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Walker

01/11/11 10:55 AM

#20575 RE: Luckypennyman #20572

WRONG - it says they are preparing to drill their second well ASAP!!!!!!!!!!!!!

The Sanders Lease #1 was put on hold until spring but that is just one well - they have plenty of other ones.

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$BABA

01/11/11 10:56 AM

#20576 RE: Luckypennyman #20572

Luckypennyman Member Profile Luckypennyman Share Friday, January 07, 2011 1:27:11 PM
Re: moxy7 post# 18948 Post # of 20575
ZLUS! A ROCKET!!

I suspect we will see more news soon, updats about everything, LUS is going to be a super rocket this quarter!
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$BABA

01/11/11 10:58 AM

#20578 RE: Luckypennyman #20572

I would pay VERY close attention to what was stated in the last PR

This well is CoreStream's first of many planned investments in this established and steady production area. CoreStream Energy plans to continue to pursue a strategy of investing in intermediate depth drilling in low risk fields both on an operated and non-operated basis.

MORE PROPERTIES COMING
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dannoninvest

01/11/11 2:36 PM

#20774 RE: Luckypennyman #20572

what you failed to realize is that not only did they mention the sanders lease where they said they will wait until the spring, but you did not realize that they are in state lease #2 where they have completed a well and are waiting on results due out later this month. They also mentioned that they are in search of other well sites in that area. they must atleeast find two more well sites in the state lease between now and March.