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Gastem Inc GTMIF

Gastem Inc is a Quebec-based oil and gas exploration and development company. Its main focus is to develop commercial production of the Utica Shale formations in Quebec and New York State as well as exploring the world-class potential conventional structures of the Magdalen Islands and the Magdalen Basin in Quebec. The company's operations include Yamaska Property, St Jean Block, Joly Property, US Appalachia, and the Gulf of St Lawrence.


GREY:GTMIF - Post by User

Bullboard Posts
Comment by earlybird_787on Aug 06, 2010 1:05pm
328 Views
Post# 17328478

RE: Poor management here

RE: Poor management hereToday, the market has spoken and it is telling management loud and clear to concentrate on Quebec and forget about any New York plans for the time being. But will management listen? I doubt it.

Also, I wonder what is the break-even gas price for the Oneida Sandstone play? If it B/E price were around $4, I am sure the major gas producers would also be looking at exploiting this conventional gas formation.

Bullboard Posts