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Groundstar Resources Ltd GRDSF

Energy Oil & Gas E&P
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

Groundstar Resources Ltd
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Comment by uscatraderon Mar 10, 2011 7:47pm
330 Views
Post# 18268505

RE: RE: HENC OIL DRILLER RESERVES

RE: RE: HENC OIL DRILLER RESERVESThe first well of the program, Parsons-3, a development well in the Parsons oil field,
successfully encountered a nine metre oil column in the Namur sandstone. Production is
likely to commence approximately one month after the completion of drilling. It will be
followed by the Parsons-4 well. The Ensign#30 rig is on site and rigging up and the well is
expected to spud by the end of the week.
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Dealroom for high-potential pre-IPO opportunities