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Message: Re: No production worries from the EIA?

Jan 31, 2008 08:32AM

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Feb 01, 2008 10:59AM

Feb 01, 2008 11:07AM

I heard of a finding in Pasquia Hills from GNZ:

Mr. Marc Dame, President and CEO of Goldnev Resources Inc. ("Goldnev" or the "Corporation") (TSX VENTURE:GNZ), is pleased to announce that the Corporation reports positive laboratory analysis results have been confirmed from the recently completed core hole drilling program on its Pasquia Hills oil shale permits in east-central Saskatchewan. The laboratory results revealed an excellent high oil yield of 61 liters per ton of rock (average of 16 samples covering 22 meters of thickness) which equates to recoverable oil in place of 57 million barrels of oil per section of land.

I'M not sure if you mean this one.

From my reading, they are not far from another finding of NOG in Preeceeville where oil seep from ground.

But GNZ if from shale...

http://www.globeinvestor.com/servlet/story/CCNM.20080128.438573_1/GIStory/

In any matter, I believe that Montello sit on something great if they can solve internal matter( see news from Pennine Petroleum), financing and have their logging done.

Regards

ecce


Feb 01, 2008 05:33PM

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