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hab dann noch ein wenig daten zur firma recherchiert ***** Greater Sooner Holding, Inc. (OTCPK: GSNH) Category: Energy Development Shares Outstanding: 28,924,899 Float (Approximate): 10,000,000 Many known domestic oil and gas reserves have previously not been economically feasible to extract due to low prices of oil and the high expense associated with drilling and extracting difficult to reach domestic reserves. The recent oil and gas price increases, the unrest in the Middle East, and President Bush's State of the Union commitment to break United States dependency on foreign oil enable profitable domestic oil development Corporate Snapshot Greater Sooner Holding, Inc. (OTCPK: GSNH) is a Nevada corporation headquartered in Houston, Texas that specializes in crude oil and natural gas exploration. GSNH is a group of dedicated professionals with experience in exploration, development, production, and management of oil and gas assets. Business Model GSNH specializes in locating and restoring pre-existing oil wells. Many wells are shut down due to neglect, the price of oil at a certain time, surpluses, and the enormous amount of imported oil during the 80's and 90's. GSNH locates prospective pre-existing wells and brings them back on line quickly and at a fraction of the expense of drilling new wells. Some wells can be back in service in a matter of weeks. Most wells either need to be cleaned or have equipment serviced in order to be brought back into production. With the price of oil at a premium and going higher, GSNH intends to capitalize on these savings to see faster production rates and a greater return on investment. GSNH brings innovation and resourcefulness to bring wells back into production as it continues to drill new wells in prime new locations to maximize returns. Investment Summary Environmental protection programs and governmental restrictions have effectively removed more than 300 million onshore acres of federal land previously available for oil and gas exploration. The reworking of proven oil and gas assets with new technology is an effective way to recover the estimated billions of barrels of oil and natural gas while operating within these limitations. GSNH specializes in the restoration of pre-existing natural gas and oil wells. With its recent developments in the Clayton Field, GSNH could be an explosive investment opportunity! Recent Developments March 15, 2006--Greater Sooner Holding, Inc. (OTC: GSNH) announced today continued progress in the Clayton Field work over project in Live Oak County, Texas . The result of the redesigned production facilities in the Clayton Field is a 100% increase in the natural gas flow rate increase in the Nicholson No. 2 well from 50 MCFD to over 100 MCFD, without a decrease in the well pressure or any increase in water production. Feb 02, 2006 -- Greater Sooner Holdings, Inc. (OTC: GSNH) today released details on plans to rework oil and gas wells with known reserves. Greater Sooner recently announced a Letter of Intent to purchase a 75% Net Revenue Interest and to acquire a 100% Working Interest in 22 wells situated in the Clayton Field located in Live Oak County, Texas. Greater Sooner has begun to execute on a two phase plan to rework the Clayton Field wells to access over $285,000,000 in probable reserves. The first phase, designed to require minimal investment, is anticipated to access $65 million in probable reserves. The second phase will be developed with profits from the first phase to access an additional $220,000,000 in probable reserves. The above excerpts were obtained from press releases sent via Business Wire on February 2, 2006 and March 15, 2006 respectively. To view the releases in their entirety, please visit BusinessWire.com. ***** |
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| aus der Diskussion: | Greater Sooner - Explorer vor Explosion |
| Autor (Datum des Eintrages): | siawinjan (12.04.06 20:30:39) |
| Beitrag: | 2 von 5,669 (ID:21182462) |
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