Norstra Energy Spuds First Ever Bakken Targeted Well in Lewis & Clark County, Montana; Pictures of Construction and Drilling ...
September 25 2013 - 8:59AM
NORSTRA ENERGY INC. WWW.NORSTRAENERGY.COM (Pink Sheets:NORX)
("Norstra" or the "Company"), a company poised to expand the
excitement of the Bakken Shale oil deposit in Western North Dakota/
Eastern Montana towards the geologically promising Rocky Mountain
front/ Montana Sweetgrass Arch, is pleased to announce the
successful completion of setting 850' of surface casing for the
company's first Bakken targeted well, the 13-11 Milford Colony.
During close supervision of the drilling, Glen Landry, CEO
collected mud and cutting samples throughout the operation. A
notable observation is that there were several shows of heavy crude
oil in the Marias formations, which is not necessarily indicative
of hydrocarbons in economic quantities, but is potentially
indicative of oil migrating from other deeper accumulations, one
hypothesis being seepage up faults with the originating formation
being the Bakken.
Pictures of the progress of the 13-11 Milford Colony well be
viewable on the company's website under the "Projects" tab this
week.
The Company encourage all readers to call the toll free Investor
Relations number below with further questions. The company also
encourages readers to join our e-newsletter located on the bottom
left of the Company's website. Furthermore, we encourage all
readers to review the information regarding the company, including
among other items the Company's filings, located at
http://www.otcmarkets.com/stock/NORX/company-info.
DISCLAIMER
This press release contains "forward-looking statements."
Statements in this press release which are not purely historical
are forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future,
and specifically references to the Company being able to finance or
complete the drilling of a well on any of the Company's exploration
properties. The reader can identify these forward-looking
statements by forward-looking words such as "may," "will,"
"expect," "potential," "anticipate," "forecast," "believe,"
"estimate," "project," "plan," "continue" or similar words. The
reader should read statements that contain these words carefully
because they discuss future expectations, contain projections of
future results of operations or of financial condition, or state
other forward-looking information. Forward-looking statements
include, but are not limited to, statements regarding financing
arrangements, exploration activities, potential oil production,
revenues, expansion efforts, future plans and objectives of Norstra
Energy Inc. The risk factors listed in our disclosure documents and
the cautionary language on the Company's website provide examples
of risks, uncertainties and events that may cause actual results to
differ materially from the expectations and projections described
by Norstra in its forward-looking statements. Actual results
relating to, among other things, our prospective convertible
debenture, our planned exploration activities, oil reserves,
production, revenues and profitability could differ materially from
those currently anticipated in such statements. Factors affecting
forward-looking statements include: results of exploration
activities, ability to secure operations staff and equipment;
changes in the operating costs; changes in economic conditions,
foreign exchange and other financial markets; changes of the
interest rates on borrowings; in the investments levels;
litigation; legislation; environmental, judicial, regulatory,
political and competitive developments in areas in which Norstra
operates; technological, mechanical and operational difficulties
encountered in connection with Norstra's development activities;
and labor relation matters and costs. The reader should refer to
the risk disclosures set out in the periodic reports and other
disclosure documents filed by Norstra from time to time with the
Securities and Exchange Commission and other regulatory
authorities.
CONTACT: For further information regarding Norstra Energy Inc.,
please contact:
Tyler Troup, B.Comm
Circadian Group Investor Relations
Phone: 1-866-865-2780
E-mail: ir@norstraenergy.com
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