County Line Energy 500 % Oel Rakete !
| eröffnet am: | 14.03.08 09:37 von: | Tirex |
| neuester Beitrag: | 25.04.21 01:45 von: | Karolinwpdca |
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* EILMELDUNG * EILMELDUNG * EILMEDLUNG *
Eine Hammer News kam gerade über die Ticker das wird ein MEGA Comeback ! Diese News ist einfach nur gigantisch und verspricht mit einem Schlag ein Potential für die Aktie von mehreren 100 % !!!
WKN: A0J3B0
ISIN: US2224791077
Symbol: G7Q
County Line Energy Corp Signs Letter of Intent on Significant Montana Drilling Program
2008-03-13 19:29 ET - News Release
CALGARY, Alberta -- (Business Wire)
Harry Bygdnes, President of County Line Energy (Pink Sheets:CYLC), announces that the company has signed a letter of intent with Energy Dynamics Corporation (EDC) on two significant oil properties in Dawson County in east Montana. The company will conduct a 45 day due diligence program.
The properties in question consist of the following:
#1 ROTH WELL 160 acre lease parcel at a 74% revenue interest to EDC
Drilled to production in 1994
Tested successfully at 200 BOPD (barrels of oil per day)
Shut in due to high concentration of H2S (hydrogen sulphide gas)
Excellent re-entry target due to currently available wellhead equipment (Amine Unit) to separate and process H2S.
#1 TITAN STATE WELL 640 acre lease parcel at 74% revenue interest to EDC
Drilled to production in 1984
Tested successfully in excess of 200 BOPD (barrels of oil per day)
Shut in due to high concentrations of H2S gas
Excellent re-entry target due to availability of Amine Unit
In addition there are three offset well sites on the Titan Lease (new drills) which may be required to have locations determined by a small seismic program.
The wells have been drilled to a depth of 10,000 feet and produced from a zone referred to as the Duperow Formation.
The estimated work over cost for each well is $ 1,100,000.
Estimated recoverable reserves for each well are 700,000 barrels of oil over a ten year life span.
It is the intention of County Line Energy to provide 100% of the working capital to initiate the re-entry of the #1 Roth and #1 Titan wells.
The company will earn an 85% payback of revenue until fully paid back reverting to a 43% net working interest after payout.
The drilling cost and timing for the offset wells will be determined after more comprehensive geological and geophysical study.
Signed on behalf of the Board of Directors
CORPORATE WEBSITE www.countylineenergy.com
Note: This News Release may contain certain "forward-looking statements" within the meaning of the United States Securities Exchange act of 1934, as amended. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential oil or gas production and reserves, exploration results, and future plans and objectives of County Line Energy Corp., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectation are disclosed under the heading "Risk Factors" and elsewhere in documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
Contacts:
County Line Energy
Harry Bygdnes, 403-200-1033
President
harry@countylineenergy.com
or
Ken Berscht, 403-830-7566
V.P.
berschtk@aol.com
Source: County Line Energy
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Kann man auf eine schnelle Verdopplung spekulieren nach der überraschend guten News !
ist doch schon mal gut, dass wir Neuigkeiten erfahren und Zahlen veröffentlicht werden, was damit passiert bleibt abzuwarten.
COUNTY LINE ENERGY RETAINS PREMIER INVESTOR RELATIONS FIRM CAPITOL FINANCIAL MEDIA Capitol Financial Media to Provide Enhanced Shareholder Communication and Long Term Strategy Execution Las Vegas– September 4th 2012 – County Line Energy is pleased to announced it has secured the services of Capitol Financial Media (www.capitolfinancialmedia.com) for Investor Relations. The investor relations firm will assist in a host of services including, but not limited to shareholder communications and collateral materials and corporate social responsibility. "We are very happy with our decision to secure Capitol Financial Media as part of our team," states CYLC President, Harry Bygdnes. "This is a top shelf firm, whose overall skill sets are a perfect match for our company and its long term goals. We are now confident that we can focus on executing our business plan while a professional team works to administer our Investor Relations as part of a well-oiled machine with a strong focus on both the company and its stock." About Capitol Financial Media Capitol Financial Media is a premiere Investor Relations service provider . We utilize all forms of communication technologies to keep shareholders up to date on their investments. In this era of increasing "white noise", we specialize in cutting through information overload to deliver the client’s message to shareholders in a complete, concise, and most importantly, understandable way. About County Line Energy Corp. (CYLC): County Line Energy Corp. is an integrated junior oil explorer. County line not only owns, operates, and participates in oil projects in the exploration phase, but also has developed and markets a proprietary 3 dimensional seismic data software, which was created for one of its own projects in Alberta, 2007. Harry Bygdnes, President, County Line Energy Corp. Contact: County Line Energy Corp Capitol Financial Media 1.587.329.1459 1.877.225.8808 Forward-Looking Statements: This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set forth in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
OTC SYMBOL CYLC
FRANKFURT SYMBOL G7Q
LAS VEGAS, NEVADA, Sep 05, 2012 (MARKETWIRE via COMTEX) -- County Line Energy (PINKSHEETS: CYLC)(FRANKFURT: G7Q) is pleased to announce it has retained the services of The McGeary Law Firm, P.C., and its principal Aaron McGeary to assist in filing full disclosure documents with OTC Markets. Mr. McGeary will be charged with several responsibilities including reviewing the Company's information and disclosure documentation and providing an opinion with regards to that information posted with OTC Markets.
"We trust Aaron to ensure we are compliant with securities regulations, with any and all DTC issues that may arise, and with assisting in news releases so that shareholders are always kept up to date," states CYLC President, Harry Bygdnes. "And of course, since the company is evaluating several larger transactions - everything from financing offers to property acquisitions, an experienced hand like Aaron would prove indispensable."
About OTC Markets (www.otcmarkets.com)
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest Open, Transparent and Connected financial marketplace platform. The OTC Markets trading platform allows for better transparency and access to information for both investors and broker dealers.
About The McGeary Law Firm, P.C. (www.mcgearylawfirm.com) The McGeary Law Firm, P.C. assists clients in connection with public offerings, private placements, Mergers and Acquisitions, Rule 144 opinions, and various general corporate and securities law matters. The firm has assisted a number of issuers in providing current information to OTC Markets, Inc.
About County Line Energy Corp. (CYLC): (www.countylineenergy.com)
County Line Energy Corp. is an integrated junior oil explorer. County Line not only owns, operates, and participates in oil projects in the exploration phase, but also has developed and markets proprietary 3 dimensional seismic data software, which was created for one of its own projects in Alberta, 2007.
Harry Bygdnes, President