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DELORO RESOURCES LTD V.DLL



TSXV:DLL - Post by User

Comment by golf20on Jul 02, 2009 11:10pm
452 Views
Post# 16114338

RE: drove past location today

RE: drove past location today

Thank you Killerrrf for that. I have been in Delor for a long time and think that they are on to something that could turn out to be very good for the shareholders.

The question that one has to ask is "Does the technology work?"

When I last spoke to the company a couple of weeks ago they were very positive. Some indication of the success should be in the latest news release . 

 "Deloro Resources Ltd is pleased to announce that the Deloro/Electro-Petroleum Inc. Joint Venture have agreed, that Deloro’s management shall start the application process today with the Saskatchewan Ministry of Energy and Resources to expand the area of the  EEOR Direct Current Stimulation Program. The original approval applied only to the existing horizontal well (117.3A2-25-3D 10-24-38-20) and the new application will include additional wells on the Deloro lands. Along with the expansion application Deloro’s management will make a separate application for a well licence to drill a new horizontal well."

At this time I do not expect to hear any production numbers from the company, however if the company comes out with a news release saying that they have acquired more lands or existing lands with heavy oil on it, then I will know that my investment will be worth a lot more than it is today.

Good luck to all shareholders and may the next news release be positive.

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