Groundstar Resources Ltd GRDSF

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Groundstar's Neilburg wells produce 250 bopd Ticker Symbol: C:GSA Groundstar's Neilburg wells produce 250 bopd Groundstar Resources Ltd (2) (C:GSA) Shares Issued 27,235,649 Last Close 9/22/2014 $0.14 Wednesday September 24 2014 - News Release Mr. Chad Dust reports GROUNDSTAR UPDATES DRILLING PROGRAM Groundstar Resources Ltd. is providing updated well results from its multiwell Neilburg drilling program. The Mannville Colony wells, which were drilled to depth at 700 metres, were completed and placed on production utilizing electrosubmersible pumps. The current total production estimate from the multiwell program is 250 net barrels of 14-degree API oil per day to Groundstar with oil rates expected to cleanup. Further to Groundstar's press release dated Nov. 13, 2013, and its agreement with a mid-sized Canadian exploration and production company to partner on a high-netback multiwell program in the Western Canadian sedimentary basin, Groundstar has now participated in the drilling of four wells with 100-per-cent success rate to date in its core area. Given these encouraging results, Groundstar will appraise further development and continue to evaluate additional pool extension potential. We seek Safe Harbor. © 2014 Canjex Publishing Ltd. This email was sent to you by Stockwatch (www.stockwatch.com) as part of your package of Stockwatch services, and in accordance with your email preferences on file. You may unsubscribe at any time, or change your email preferences within Your Account settings at the Stockwatch website. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY. You may contact Stockwatch by email at [e-mail], by phone at 1-800-268-6397 (1-604-687-1500), or by mail to Stockwatch, PO Box 10371, 700 West Georgia Street, Vancouver, BC, V7Y 1J6, Canada. "Stockwatch" is a registered trademark of Canjex Publishing Ltd. Copyright © 2014, Canjex Publishing Ltd. All rights reserved.