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Groundstar Resources Ltd GRDSF

Groundstar Resources Ltd is the Canada-based based company. The company is primarily engaged in exploration, development and production opportunities in domestic and international areas of interest. The company is exploring opportunities of oil wells in Pierson area located at Manitoba and, in Neilburg region. Most of its revenue is earned through the Canadian market while it also has a presence in Egypt, Guyana, and various other countries.


GREY:GRDSF - Post by User

Bullboard Posts
Comment by StockBlock1on Jan 19, 2011 1:06am
761 Views
Post# 17994075

RE: Another NR

RE: Another NRFrom the previous news release, 

Since the last update in Stockwatch on Dec. 13, 2010, the well has drilled to 2,522 metres. Over the past several days, an intermediate 9-5/8ths-inch casing string has been set prior to drilling ahead.

From the new release,
 Over the past several days, an intermediate casing string of 9-5/8ths of an inch has been set prior to drilling ahead. Once logging and related geological survey runs are completed on this current section, drilling operations are expected to resume.

They must have felt the previous release allowed for the assumption that drilling has already resumed, they must of been flooded with emails about this, so now we must think drilling hasn't even resumed as of January 18th.

Bullboard Posts