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Lucero Energy Corp PSHIF


Primary Symbol: V.LOU

Lucero Energy Corp. is a Canada-based independent oil company. The Company is primarily focused on the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. Bakken is a petroleum system with source rock featuring multiple stacked zones accessible for development, which includes Middle Bakken, Three Forks Benches One, Two, Three and Four, Pronghorn/Sanish and Lodgepole. The Company has a platform of light oil assets located in the prolific North Dakota Bakken/Three Forks play.


TSXV:LOU - Post by User

Bullboard Posts
Post by metzgfon Jul 29, 2006 10:59am
221 Views
Post# 11162403

Getting nervous.

Getting nervous.I'm getting a little nervous not hearing anything about #7. Several years ago I invested in a company who bought an existing well in Texas with the intention of drilling it deeper. They went down about 2000 additional feet and hit a very high pressure hydrocarbon area. Then they perforated and hit water. The well flooded and was a total loss. Sometimes perforation can be destructive. It can also greatly increase the output of a well. We will just have to wait and see. And wait and wait and wait and wait..........
Bullboard Posts