NORX Norstra Closing in on First Drill Location
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NORX Norstra Closing in on First Drill Location
SOUTHLAKE, texas, May 20, 2013 (GLOBE NEWSWIRE via COMTEX) -- NORSTRA ENERGY INC. WWW.NORSTRAENERGY.COM (OTCQB:NORX) ("Norstra" or the "Company") is pleased to announce that it is finalizing the evaluation of technical data this week for the first drill location on its South Sun River Prospect. "We received the first seismic interpretation from our geophysical team in Denver and are reviewing the proposed first drill location internally. Once we have evaluated and cross-referenced the proposed location with the actual surface conditions for the drilling operations we will send our surveying team out to stake the location and design the drilling pad," stated Mr. Landry, the CEO & President of Norstra. He further said: "We are also very excited about the quality of the seismic lines."
Central to the viability of Norstra's South Sun River Prospect are the subsurface well logs in the area. Norstra is fortunate to have acreage that is near wells that show the likelihood of commercial oil in the Bakken Oil Formation.
There are three key wells in the immediate vicinity of the first potential Norstra drill site.