Lucero Energy Corp Com V.PSH

New field of sludge! Sulphur! Stimulation

[StinkyBomb]

Claiming a historical total for these old fields is really not significant. What probable reserves are estimated? The shallow wells should not be costly. They very well may produce some oil and probable gas, but not in the misleading expectations that this news release is pretending to bend towards. I would expect stimulation of the diatomite to be a possible priority. Stimulation is a whole new type of production. The leases maybe partnered at 90%, but what percentage of the wells to be drilled. Everything is so co-mingled in the oil industry anymore, you have to really work ever word to meaning. It is good to see a new lease. Exploration and drilling costs?