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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Comment by Wellsitteron Apr 26, 2010 5:01pm
322 Views
Post# 17032653

RE: Luigi you take'a too bigga

RE: Luigi you take'a too biggaGood thing you're not arguing with me because you'd be doing a poor job of it. Arguments generally rely on facts, which you are hopelessly short of. There are some land-owners getting more than $1500 a year but that would usually imply that there is vastly more upset to their property than a typical lease and road. If a lease was a multi-well pad, for example, say 3 acres or larger including the roadway, then a slightly higher stipend is common. Don't get confused by unusual circumstances. A typical lease and road will get the land-owner $1200 - $1500 a year. The Cardium fairway is not Manhattan. There's nothing about it that would warrant higher payments to land-owners than Devon, Leduc or Athabasca.

The advocacy groups you mention are focused on sour oil and gas development primarily near to urban areas. Rocky Mtn. House and Okotoks have active groups but again, they focus on the ills of H2S development. Sweet oil, in areas where ease of well control is established and away from major populated areas are rubber stamped. Far from being "held up for 2 years", these simple wells get about as much attention as the average farmer's water well. Incidentally, it's the "AEUB" not "ERCB" that license oil and gas wells.
Bullboard Posts