Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Hot Stocks Free for All ! » WYSK...more news out about oil and gas leases

 - UBBFriend: Email this page to someone!    
Author Topic: WYSK...more news out about oil and gas leases
Original_Cashmaker
Member


Member Rated:
4
Icon 1 posted      Profile for Original_Cashmaker     Send New Private Message       Edit/Delete Post   Reply With Quote 
WYSK: Acquires Additional Lease [delayed]
08:35 a.m. 07/28/2005 Provided by Knobias


Ridgeland, MS, JUL 28, 2005 (EventX/Knobias.com via COMTEX) -- Wysak Petroleum (WYSK) announces 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. Shares finished yesterday's session higher by 13.9% after coming off a series of 52-week lows in May.

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.

--------------------
Got stars?

Posts: 833 | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
Original_Cashmaker
Member


Member Rated:
4
Icon 1 posted      Profile for Original_Cashmaker     Send New Private Message       Edit/Delete Post   Reply With Quote 
And it was up another 12% today on decent volume.

--------------------
Got stars?

Posts: 833 | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
Original_Cashmaker
Member


Member Rated:
4
Icon 1 posted      Profile for Original_Cashmaker     Send New Private Message       Edit/Delete Post   Reply With Quote 
Wysak Petroleum Acquires Additional Lease
7/28/05

SEATTLE, WA, Jul 28, 2005 (MARKET WIRE via COMTEX) --
Wysak Petroleum (OTC: WYSK) announces 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) (http://www.williams.com/), ExxonMobile (XOM) (http://www.exxonmobil.com/corporate) and Duke Energy (DUK) (http://www.duke-energy.com) 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."

--------------------
Got stars?

Posts: 833 | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
farmgirl
Member


Member Rated:
4
Icon 1 posted      Profile for farmgirl     Send New Private Message       Edit/Delete Post   Reply With Quote 
This stock seems like it has gone about as low as it goes. Since this is an oil stock I think it has potential.

--------------------
Lookin for the money

Posts: 353 | From: CA | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2013 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share