NORX +.049 rocking on all cylinders! News out toda
Post# of 18851
NORX +.049 rocking on all cylinders! News out today!
Norstra Energy Inc. (OTCQB:NORX) ("Norstra" or the "Company") would like to give a general update on the potential of its South Sun River Prospect in Montana.
As the Petroleum News reported last year ( http://www.petroleumnews.com/pntruncate/740199844.shtml ), energy and geopolitics expert Michael Economides called Montana a "superpower" when it comes to the nation's energy future. Speaking to the Montana Energy 2012 conference in Billings April 3, 2012, he predicted a robust future for oil and natural gas production in the Bakken oil fields located in Montana and in Canada and North Dakota to the north and east.
"The last time I looked, we were producing 150,000 barrels per day in the Bakken. Today it's nearing 600,000 barrels," said Economides. "I don't think there's a story like this in the history of U.S. oil and gas." Economides is editor-in-chief of Energy Tribune and a professor at the Cullen College of Engineering at the University of Houston.
The American Association of Petroleum Geologists (AAPG) was founded in 1917 and currently the world's largest Professional Geological Society. The AAPG Explore is a monthly Publication by the Geological Society and it covered the Western Montana Bakken Oil Play where the South Sun River Bakken Project is located. As stated in this Publication:
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