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[Carbone-dev] Pre-Open Oil Stock To Watch
From: |
Neil Sanford |
Subject: |
[Carbone-dev] Pre-Open Oil Stock To Watch |
Date: |
Sat, 27 Aug 2005 06:13:57 +0000 |
Wysak Petroleum (WYSK)
A diversified energy company whose goal is to identify and develop traditional
fossil fuel sites, as well as clean air energy producing alternatives such as
Wind Farms.
Current Price: 0.054
Current Press Release: Wysak Petroleum
Wysak Petroleum Acquires Additional Lease
Wysak Petroleum announced the purchase of an additional Powder River Basin
Federal Oil & Gas Lease. The Lease is located in Western Crook County, Wyoming,
along the eastern side of the Powder River Basin.
This property furthers Wysak Petroleum's long-term goals of asset accumulation
in its core focus area, the Powder River Basin. Additional properties will be
scrutinized by Wysak for future potential acquisition in this highly proven
region and in other areas of the U.S. Midwest.
Wysak Properties
This is the fourth Powder River Basin property acquisition for Wysak Petroleum
Inc. Wysak's other Wyoming leases include one in the Bighorn Basin region and
another in the Green River Basin. Numerous large petroleum and exploration
firms operate nearby all these properties; they include Williams Gas (WMB),
ExxonMobile (XOM) and Duke Energy (DUK) among others.
About Wyoming Oil & Gas and CoalBed Methane (CBM)
Wyoming State has billions of dollars in proven oil and gas reserves. In 2002,
Wyoming ranked second in the U.S. in proved reserves of natural gas and seventh
in proved reserves of crude oil. Collectively over 26,000 wells produced 54.7
million barrels of oil and 1.75 trillion cubic feet of natural gas. Proved
reserves of natural gas were at an all time high of 18.4 trillion cubic feet,
while proved reserves of crude oil were 489 million barrels.
Reserves of CBM in the Powder River Basin are estimated at 31.8 trillion cubic
feet. Nearly 100 wells are being drilled each week, and the gas companies say
the entire 8 million-acre basin could have 50,000 to 100,000 producing wells
before they are finished. This is the largest onshore natural gas play in North
America within the last ten years.
About Wysak Petroleum
Wysak is a diversified energy company whose goal is to identify and develop
traditional fossil fuel sites, as well as clean air alternative energy
producing technologies. Wysak trades in the U.S. under the symbol "WYSK."
Conclusion:
The Examples Above Show The Awesome, Earning Potential of Little Known
Companies That Explode Onto Investor's Radar Screens; Many of You Are Already
Familiar with This. Is WYSK Poised and Positioned to Do that For You? Then You
May Feel the Time Has Come to Act... And Please Watch
this One Trade Friday and ALL NEXT WEEK! Go WYSK.
Penny stocks are considered highly speculative and may be unsuitable for all
but very aggressive investors. This Profile is not in any way affiliated with
the featured company. We were compensated 3000 dollars to distribute this
report. This report is for entertainment and
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