RE: INSIDER TRADING / TIPS? This is on stockwatch. I don't have a subscription so can't see the rest (Anyone here that does?).
Wind River suspends drilling at Nelson 9-14 well
2012-06-05 10:49 ET - News Release
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Mr. Alan O'Hare reports
WIND RIVER ANNOUNCES PRELIMINARY RESULTS FOR NELSON 9-14 WELL
Wind River Energy Corp. has suspended drilling activities on its second Nisku targeted well and will plug the Nelson 9-14 well pending further study. The Nelson 9-14 well was drilled to the Nisku formation which was determined to have non-commercial properties. Oil shows were logged in the upper Nisku but the thickness and porosity were determined to be inadequate for commercial production. Sidewall cores were retrieved in the Nisku, Bakken/Three Forks, Charles and Frontier formations. Strong gas shows were recorded in the Frontier and Niobrara formations. Strong oil shows were recorded in the Bakken/Three Forks as well as the Charles formation which have produced significant amounts of oil from nearby fields.
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