RE: RE: RE: RE: Nordic's share of new heavy oil prI think the way it was as follows, could have missed some information though
February 09, 2011
VANCOUVER, BRITISH COLUMBIA - Alberta Star Development Corp. (TSXV: ASX) (the “Company”)is pleased to announce that the Company intends to participate in drilling three additional wells (1 net to the Company) in the Lloydminster area of Alberta. The wells are in addition to the Company’s previously announced Phase 3 drilling program. The three well project is scheduled to include drilling, completion and bringing onto production three in-fill heavy oil wells at the following locations: C6-24-050-02-W4, 3D-11-050-02-W4 and C7-14-050-02-W4. Once completed this program will increase the number of Lloydminster heavy oil wells that the Company has an interest to seventeen (17). The Company has a 33 1/3 working interest in the three additional wells.
August 09, 3011
CALGARY, ALBERTA - Alberta Star Development Corp. (TSXV:ASX) ("Alberta Star" or the "Company") announces that it has closed an asset purchase with Western Plains Petroleum Ltd. ("Western Plains") pursuant to which the Company acquired an undivided 50% interest in all of Western Plains' oil and natural gas interests located in the Lloydminster/Maidstone areas of Saskatchewan and the Lloydminster area of Alberta (the "Western Plains Assets") for the cash purchase price of $1.7 million, subject to usual industry adjustments, (the "Alberta Star Transaction") such transaction having an effect date of July 1, 2010.
June 04, 2011, Westerner Plains
The Company also announces that further to its previously announced asset purchase agreement (the “Agreement”) for the Company’s proposed acquisition of a 50% working interest in certain heavy oil assets in the Lloydminster area of eastern Alberta (the “Assets”) from Nordic Oil and Gas Ltd. (“Nordic”), it has reserved for issuance of up to 3,333,333 common shares at a price of
.15 per share, representing a deemed value of $500,000, to be issued to certain trade creditors of Nordic, in respect of the Company’s proposal to pay and/or assume approximately $1.25 million of Nordic’s outstanding trade payables as part of the purchase price for the Assets under the terms of the Agreement.
March 17, 2011
CALGARY, ALBERTA – Western Plains Petroleum Ltd. (TSXV:WPP) (“Western Plains” or the “Company”) announces that, as an update to its press release of February 10, 2011, in respect of a proposed 3 well (1.0 net well to the Company) drilling program, the first well of the program is expected to be spudded this weekend. The remaining 2 wells on adjacent sections are expected to be spudded until after break-up. All 3 drilling locations are located on the Blackfoot property in the Lloydminster heavy oil area of Alberta, in which the Company acquired a net 33.33% interest in August 2010. Drilling and completion of each well is expected to cost approximately $380,000 ($126,000 net to the Company) and will be funded from the Company’s working capital. The Company is the operator of these interests.
WINNIPEG, May 6, 2011 - Donald Benson, Chairman and Chief Executive Officer of Nordic Oil and Gas Ltd. ("Nordic" or, "the Company"), today announced that a new heavy oil well at Lloydminster, Alberta, located at 3D-11-50-02W4, is now on production. This brings to 15 the total number wells that Nordic has a 33 1/3% interest in at Lloydminster
If I have missed anything I will post it later, I own all three, good package
Year of the Profit, OIlseeker