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Message: Re: Gastem Inc.: Three Utica Vertical Well Drill Permits Issued by New York State

according to the release they will start drilling soon and it is the lower New York State

It should be interesting summer and fall, Gastem and petrolympic should come out with results by then. I beleive Junex is also drilling

-- (Marketwire) -- 07/09/09 -- Gastem is pleased to announce that 3 drill permits for vertical wells were granted by the New York authorities to partner Covalent Energy, now called Utica Energy. Gastem USA, a wholly owned subsidiary of Gastem, plans to proceed with the drill program with the objective of evaluating the Utica Shale potential on land in the southern area of the State.

Gastem USA is presently reviewing the drill program prepared last year and expects that it will start drilling the first well as soon as possible.

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