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Groundstar Resources Ltd GRDSF

Energy Oil & Gas E&P
Groundstar Resources Ltd is the Canada-based based company. The company is primarily engaged in exploration, development and production opportunities in domestic and international areas of interest. The company is exploring opportunities of oil wells in Pierson area located at Manitoba and, in Neilburg region. Most of its revenue is earned through the Canadian market while it also has a presence in Egypt, Guyana, and various other countries.


GREY:GRDSF - Post by User

Groundstar Resources Ltd
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Comment by myNEXTmillionon Nov 04, 2009 3:35pm
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Post# 16453254

RE: Diversification

RE: DiversificationIMHO, the news on WZR was not bad.  They drilled down to about 2800 meters with more to go, to 4000 meters.  They hit a sizable pocket gas and gas condensates.  It is quite possible they will hit significant oil at depth.

I bodes well for VST and GSA on Black Mountain.  It means they have significant hydrocarbons all around them.  Looking forward to the drills turning on BM.

mNm
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Dealroom for high-potential pre-IPO opportunities