Replies to post #24971 on CoreStream Energy, Inc. (fka ZLUS)

[Z732Z]

WRONG WELL?

[helmsman]

That's Sanders.
I don't believe the State Lease 18951 details have been released.

Bid Form: 04/10/2006
http://dnrucm.dnr.state.la.us/ucm/groups/minerals/documents/omr/2669871.pdf
Cypress Energy Executed Lease: 04/12/2006
http://dnrucm.dnr.state.la.us/ucm/groups/minerals/documents/omr/2514996.pdf
Assignment from Cypress Energy to Kepco: 05/09/2007
http://dnrucm.dnr.state.la.us/ucm/groups/minerals/documents/omr/3006648.pdf

[OilCan61]

Corestream has a 75% working interest in the Sanders lease. The current well is not on the Sanders lease and is not the well mentioned in the this PR so the working interest is still in question but will be released in the next PR.

The well is expected to have a total depth of around 5,000 ft. CoreStream has a 75% working interest in the lease.