Stateside Report

February 7, 2012 Edition of the Stateside Report

2012-02-07T21:50:00.000-05:00

February 6, 2012 Edition of the Stateside Report

2012-02-06T19:23:00.002-05:00

February 2, 2012 Edition of the Stateside Report

2012-02-05T15:40:00.001-05:00

February 2, 2012 Edition of the Stateside Report

2012-02-02T19:22:00.002-05:00

February 1, 2012 Edition of the Stateside Report

2012-02-01T18:35:00.000-05:00

January 31, 2012 Edition of the Stateside Report

2012-01-31T21:58:00.002-05:00

january 27th and 30th Edition of the Stateside Report

2012-01-30T19:05:00.000-05:00

January 26, 2012 Edition of the Stateside Report

2012-01-26T17:54:00.001-05:00

January 25, 2012 Edition of the Stateside Report

2012-01-25T22:31:00.001-05:00

January 24, 2012 Edition of the Stateside Report

2012-01-24T19:22:00.001-05:00

January 23, 2012 Edition of the Stateside Report

2012-01-23T18:27:00.001-05:00

January 20, 2012 Edition of the Stateside Report

2012-01-22T15:10:00.002-05:00

Quarterly Excalibur Report now available on the website

2012-01-21T11:25:00.002-05:00

Just a quick note that the Excalibur Resources Quarterly Update report is now up on the website if you haven't had a chance to review it yet. Have a great weekend!

January 19, 2012 Edition of the Stateside Report

2012-01-19T18:32:00.002-05:00

The news a week before the news

2012-01-19T10:07:00.001-05:00

Delphi (DEE) just announced an extremely successful NGL/Oil well directly off-setting the PEN/BBI/DEI horizontal that is currently udergoing testing and is up sharply on the news. Of course since in this sector no one does any research or has any sense of "pin action", the shares of PEN/BBI/DEI are flat to down on the day. This is the same news you should see in a few weeks from PEN/BBI/DEI which should move all 3 share prices significantly higher. Some may wish to avoid the buying rush and nibble now.Delphi Energy's Bigstone well flowing at 12.5 mmcf/d2012-01-19 09:15 ET - News ReleaseMr. David Reid reportsDELPHI ENERGY COMPLETES FIRST BIGSTONE MONTNEY WELLDelphi Energy Corp. has provided the following operations update. At Bigstone East, the company's first horizontal well targeting the Montney formation (100-per-cent working interest) with a surface location of 1-19-60-22W5M, has been successfully completed and flow tested at an average rate of 12.5 million cubic feet per day ("mmcf/d") over the final 24 hours of the four day flow period. The well was also producing approximately 770 barrels per day ("bbls/d") of condensate at the end of the test, although 100 percent of the frac fluid hadn't been recovered. Shallow-cut plant recoveries of natural gas liquids ("NGL's") are expected to yield an additional 30 to 35 bbls/mmcf. Completion operations consisted of a 20 stage oil-based frac program placed over the 2,760 metre "extended-reach" horizontal section of the well after successfully drilling the well to a total measured depth of 5,618 metres. The drilling operation was completed as planned with the full length of the horizontal section encountering the anticipated reservoir quality rock. The extended-reach horizontal section is up to twice as long as earlier horizontal wells in the area and is designed to reduce the number of wells required for full development by up to 50 percent with total project cost savings of approximately 35 percent. The Delphi Bigstone East 1-19 well is immediately offsetting a competitor's well with a 1,254 metre horizontal length and reported test rates of approximately 4.3 mmcf/d of natural gas and 295 bbls/d of condensate. In the Fir area, located approximately three miles (five kilometres) to the south of Bigstone East, nine horizontal wells have now been drilled. Test rates reported to date range from 3.5 mmcf/d of natural gas and 225 bbls/d of condensate, from a well with a 1,200 metre horizontal length, to a high of 15 mmcf/d of natural gas and 750 bbls/d of condensate, from a well with over 2,500 metres of horizontal length. Reported drilling success in the area continues to validate Delphi's interpretation of a large contiguous liquids-rich natural gas deposit within the Montney formation in the greater Bigstone/Fir area. A second Montney well at 5-14-60-23W5M, located three miles (five kilometres) southwest of the 1-19 well has commenced drilling and is anticipated to reach a total measured depth of 5,800 metres in approximately four weeks. A similar frac program is expected to be undertaken as part of the completion operations on this well. The Company has an inventory of approximately 100 horizontal Montney locations identified on its 45 gross (41.5 net) sections of land in Bigstone. Other emerging light oil and liquids-rich natural gas plays in the Nordegg and Duvernay formations being drilled by industry at Bigstone offer additional potential on Company lands. Delphi expects to commence construction in February on its 100 percent owned compression and field gathering infrastructure with initial capacity of 30 mmcf/d. Production from Delphi's Montney wells at Bigstone East is expected to commence in April, with start-up of these facilities. In addition, the Company has recently closed the disposition of its non-operated interests in the Sinclair Doe Creek Unit 1 and minor offsetting lands for $12.0 million. Production associated with the disposition was approximately 160 boe/d (67 percent light oil). Proceeds from the sale will be used to fund the ongoing Bigstone Montney development. Also, Delphi is pleased to report it has exceeded its fourth quarter 2011 production target of 9,200 boe/d with record production of 9,315 boe/d (29 percent light oil and NGL's). We seek Safe Harbor.

January 18, 2012 Edition of the Stateside Report

2012-01-18T20:13:00.001-05:00

January 17, 2011 Edition of the Stateside Report

2012-01-17T21:53:00.002-05:00

January 16, 2012 Edition of the Stateside Report

2012-01-16T19:00:00.002-05:00

No News From Friday - 3 Reports Sent Out

2012-01-16T09:03:00.001-05:00

Hi,There was no significant news from Friday so I will refrain from the normal Sunday update. Over the past week I have sent out an update on Excalibur Resources, a new report on an exciting North American Shale Play and the January 2012 Edition of "Under the Rocks". Please send an email to stateside@statesidereport.com do get these reports for free. See you Monday night!

January 12, 2011 Edition of the Stateside Report

2012-01-12T18:03:00.002-05:00

January 11, 2012 Edition of the Stateside Report

2012-01-11T18:05:00.002-05:00

January 10, 2012 Edition of the Stateside Report

2012-01-10T21:45:00.002-05:00

January 9th, 2012 Edition of the Stateside Report

2012-01-09T18:54:00.002-05:00

No News from January 6th - But a homework assignment

2012-01-08T21:01:00.002-05:00

Looking through the Friday press releases, there is nothing of interest to report on. I'm spending the time putting the finishing touches on the new "Under the Rocks" report and also will be coming out with the 5th in a series of "Four Horsemen". This North American emerging oil shale play may become a block buster as a company is currently testing a well in 5 different stages. News will be released over the next 4-8 weeks and this stock has already doubled over the past week or so. Another stock traded solely in London that has an interest in this play went up 67% on Friday topping all other stocks. The stock that I'm focusing on however has only 9 million shares outstanding and has 395,000 acres in the play. It is currently worth $2.5 million. The company drilling the well that has doubled and has a market cap of $90 million has only 200,000 net acres.Needless to say, this homework assignment stock will be a 10 bagger if the currently drilled well tests positive for this new oil shale play. Mountainview Energy was a 10 bagger for me and it had under 10 million shares. This one has the same potential.Happy Hunting!

January 5th, 2012 Edition of the Stateside Report

2012-01-05T18:40:00.000-05:00

January 4, 2012 Edition of the Stateside Report

2012-01-04T18:38:00.000-05:00

No news from the Canadian Junior Sector on January 3, 2012

2012-01-03T21:48:00.000-05:00

For the first day of trading in 2012, all of the management teams from the Canadian junior resource sector must still be on holiday. I saw no news that would peak your interest today. Tomorrow should be a better day. There was some news with Chesapeake doing a JV with Total at around $14,000/ACRE on the Utica Shale play in Eastern Ohio but there are no Canadian juniors yet in the play. Have a nice night and we'll see you tomorrow.

Happy New Year!

2012-01-01T16:03:00.001-05:00

December 29, 2011 Edition of the Stateside Report

2011-12-29T18:29:00.002-05:00

December 28, 2011 Edition of the Stateside Report

2011-12-28T19:02:00.002-05:00

Happy Boxing Day

2011-12-27T15:02:00.001-05:00

Merry Christmas

2011-12-24T11:03:00.001-05:00

December 22, 2011 Edition of the Stateside Report

2011-12-22T18:59:00.002-05:00

December 21, 2011 Edition of the Stateside Report

2011-12-21T18:52:00.000-05:00

December 20, 2011 Edition of the Stateside Report

2011-12-20T19:15:00.002-05:00

December 19, 2011 Edition of the Stateside Report

2011-12-19T18:11:00.002-05:00

December 16, 2011 Edition of the Stateside Report

2011-12-18T13:54:00.001-05:00

December 15, 2011 Edition of the Stateside Report

2011-12-15T18:18:00.000-05:00

December 14, 2011 Edition of the Stateside Report

2011-12-14T17:50:00.000-05:00

Dennis Gartman says the gold bull market is over.

2011-12-14T12:02:00.000-05:00

Dennis Gartman says the gold bull market is over today..Bull markets end when supply begins to exceeds demand and everybody owns "it"..By early 2000, every Tom, Dick and Harry small internet company had gone public and the supply of internet company stock began to swamp demand. Everyone and their brother were day trading and owned internet stocks. That was a bubble..By 2006/2007, homebuilders were building bigger and bigger homes and selling them to unemployed people as no one cared about the ability to pay. Hundreds of TV shws and infomercials were on showing how to buy and flip homes. Eventually the supply began to swamp demand. That was a bubble..By the end of 2011, gold production had held relatively stable over the past 10 years even though governments around the world printed endless supplies of money. Very few high grade gold deposits have been found and supply still can't keep up with demand. Even though you are not thrown in the looney bin when you say you own gold, you still are given a dirty look and quickly dismissed. Less than 10% of investors own any gold stocks. Gold is no where near a bubble. Dennis Gartman is wrong.....as usual.

December 13, 2011 Edition of the Stateside Report

2011-12-13T19:11:00.001-05:00

December 12, 2011 Edition of the Stateside Report

2011-12-12T19:45:00.002-05:00

Nevsun most likely suitor for Chalice ...........

2011-12-12T12:52:00.001-05:00

We should know by Christmas whether we get a present :).

Just bought another 10,000 shares of Chalice

2011-12-12T12:22:00.001-05:00

I can't see them selling out for less than $.50/share. Even if the deal doesn't happen, I've mentioned them several times over the last few months and how they should be trading much higher based on comparables so if nothing else I will sit and wait for the share price to rise over the next year.

Consider Chalice Gold Mines today

2011-12-12T09:44:00.001-05:00

Looks like they have an LOI for an offer. Trading at $.33 - Should be valued much higher based on Nevsun comparables. I picked up 15,000 shares this morning. Some may want to do some homework here. CXN on the TSX - CGMLF in the states.

December 9, 2011 Edition of the Stateside Report

2011-12-11T18:41:00.001-05:00

December 8, 2011 Edition of the Stateside Report

2011-12-08T18:39:00.001-05:00

December 7, 2011 Edition of the Stateside Report

2011-12-07T22:55:00.001-05:00

December 6, 2011 Edition of the Stateside Report

2011-12-06T22:00:00.001-05:00

December 5, 2011 Edition of the Stateside Report

2011-12-05T19:23:00.001-05:00

December 2, 2011 Edition of the Stateside Report

2011-12-04T18:54:00.001-05:00

December 1, 2011 Edition of the Stateside Report

2011-12-01T18:51:00.001-05:00

News Update - November 30, 2011

2011-11-30T20:48:00.001-05:00

Currently away from the office again today at several meetings. Saw the news on OCP/CEM - not what I was looking for and the market sold off OCP - CEM finished even on the day. They maybe onto something there but looks like we will have to wait until 2012. Haven't had a chance to study all the press releases but will be back in the office tomorrow. See you then.

Jr's went up 300-400% from depression levels in early 2009

2011-11-30T08:45:00.001-05:00

The printing presses were just turned on around the world. Hopefully a few of you have done your homework and have been buying the juniors like me as everyone else has been throwing them away. The rewards are about to come. It pays to be early. Now it's time to sit tight as we are right! The juniors went up 300-400% in 3-4 months back in 2009 from the levels where everyone had been throwing them away. We are at the same bottom levels now.stateside

November 29, 2011 Edition of the Stateside Report

2011-11-29T22:58:00.001-05:00

Sorry....due to a prior engagement, I will need to do a double update tomorrow.Vince

November 28, 2011 Edition of the Stateside Report

2011-11-28T18:55:00.001-05:00

November 24-25 Edition of the Stateside Report

2011-11-27T17:57:00.001-05:00

Excalibur receives permit to go into production!

2011-11-25T13:56:00.001-05:00

Excalibur unit Minera Catanava receives plant licences2011-11-25 06:29 ET - News ReleaseMr. Tim Gallagher reportsEXCALIBUR RESOURCES LTD.: MINERA CATANAVA PROJECT RECEIVES SEMARNAT PERMIT APPROVALExcalibur Resources Ltd.'s 49-per-cent subsidiary, Minera Catanava SA de CV, has received all the necessary permits required to build the plant and to go into production. The EIS application to the Semarnat in Zacatecas was submitted in June, was reviewed in July, followed by a site inspection in August, which lead to a request for a number of items, including a soil analysis report on the tailings area and the completion of the water permit from the National Water Commission (CNA). Tim Gallagher, chairman of Excalibur, commented: "We are extremely pleased to have achieved this major milestone. Receiving the Semarnat approval is the official Mexican government green light that allows Minera Catanava to proceed to the start-up stage of development. This has been a tremendous amount of work and we congratulate the team in Mexico. We also expect the explosive permit shortly, but given the amount of material already on surface in the San Gil area, it is not required to start production." Recent work at the site has been focused on the completion of the foundation in order to install the ball mill, crushers, conveyors and the recently delivered concentrators which have been sourced from the Actionmining website. Minera Catanava The Catanava project is in the historic Pinos gold district, in the state of Zacetecas, Mexico, which was discovered by the Spanish in 1546 and mined until the revolution in 1810, by Cornish miners from 1870 to 1911, and most recently by an individual miner from 1935 to 1941. Recent exploration work was undertaken through a Penoles/Bethlehem Steel joint venture from 1975 to 1983, All-North Resources from 1993 to 1994, Hecla Mining Company from 1995 to 1997, and by Romarco Minerals from 2006 to 2007. Minera Catanava SA de CV is 51 per cent held by Minera Apolo SA de CV which owns and is providing the land, mineral and mining rights and management of the project, and 49 per cent is held by Excalibur which is providing the financing.

Happy Thanksgiving

2011-11-24T11:53:00.001-05:00

November 23, 2011 Edition of the Stateside Report

2011-11-23T19:13:00.001-05:00

November 22, 2011 Edition of the Stateside Report

2011-11-22T19:19:00.001-05:00

November 21, 2011 Edition of the Stateside Report

2011-11-21T18:12:00.001-05:00

2011-11-20T18:17:00.001-05:00

In this video I mention a report from Haywood on Mira Resources (MRP.V). I couldn't locate it but a Jennings report can be accessed here where they have a $1.25 price target.

November 17, 2011 Edition of the Stateside Report

2011-11-17T19:35:00.001-05:00

November 16, 2011 Edition of the Stateside Report

2011-11-16T20:26:00.001-05:00

November 15, 2011 Edition of the Stateside Report

2011-11-15T19:00:00.001-05:00

November 14, 2011 Edition of the Stateside Report

2011-11-14T21:53:00.001-05:00

30 minute video from 2 of the senior statesmen in precious metals

2011-11-13T00:38:00.001-05:00

No one in the US will watch this (and if they do they will quickly ignore it) but for those of you outside the U.S., consider that these two men have 80% of their assets in precious metals and have been spot on in this sector for the last 10 years. It's not too late for those who care to listen..

November 11, 2011 Edition of the Stateside Report

2011-11-12T16:23:00.001-05:00

November 10, 2011 Edition of the Stateside Report

2011-11-10T20:17:00.001-05:00

November 9, 2011 Edition of the Stateside Report

2011-11-09T20:05:00.002-05:00

November 8, 2011 Edition of the Stateside Report

2011-11-08T19:54:00.002-05:00

November 7, 2011 Edition of the Stateside Report

2011-11-07T20:14:00.003-05:00

Sorry....you tube having issues again and the last 4 minutes were cut-out. Hopefully they can improve their service (although it's free so I can't complain much)..

You Tube Continues to have problems

2011-11-07T19:43:00.004-05:00

I put together the show for tonight but you-tube is having upload issues. If they persist for the next few hours, I'll need to do a combined show tomorrow. Here are the companies to be featured:Northern Tiger Resources Inc Symbol C : NTR Shares Issued 98,906,363 Close 2011-11-04 C$ 0.225 Northern Tiger drills 234 m of 0.45 g/t Au at Sonora...Mineral Mountain Resources Ltd Symbol C : MMV Shares Issued 68,210,877 Close 2011-11-04 C$ 0.50 Mineral Mountain drills 0.64 m of nine g/t Au..Canstar Resources Inc Symbol C : ROX Shares Issued 68,826,713 Close 2011-11-04 C$ 0.12 Canstar beats Vinland on Mary March..Chalice Gold Mines Ltd Symbol C : CXN Shares Issued 250,030,886 Close 2011-11-04 C$ 0.345 Chalice Gold Mines drills five m of 86.2 g/t Au at Zara..Colt Resources Inc Symbol C : GTP Shares Issued 94,812,604 Close 2011-11-04 C$ 0.55 Colt's Tabuaco at 760,000 t of 0.58% WO3 indicated..

November 4, 2011 Edition of the Stateside Report

2011-11-06T19:53:00.001-05:00

Hi,Since there was only 2 press releases of note, I'm just going to give the headlines here instead of doing a video webcast. Both press releases come from companies I have mentioned before. One other item to note - I expect Ocean Park Ventures (OCP) and Constantine Metals (CEM) to FINALLY release results this week. Let's hope for the best. See you again on Monday..stateside.Decade Resources Ltd Symbol C : DEC Shares Issued 56,909,761 Close 2011-11-03 C$ 0.14 .Decade samples 33.6 g/t Au at new Flin Flon showing.2011-11-04 12:09 ET - News Release.Mr. Ed Kruchkowski reports.DECADE RESOURCES LTD.: 33.6 G/T GOLD OBTAINED IN EXPLORATION ON PROPERTIES IN THE FLIN FLON AREA OF MANITOBA.Decade Resources Ltd. is continuing exploration work on its 100-per-cent-owned gold properties near Flin Flon, Man. The company is conducting a program of prospecting, trench sampling, soil sampling and geological mapping to identify drill targets for future drilling. .To date, the company has located all the historical gold showings and has located several new mineral showings. One of the new showings is a copper-bearing zone traced over 250 metres that has yielded assays up to 33.6 grams per tonne gold with 1.4 per cent copper. In addition, a zone over five metres wide of chalcopyrite, pyrrhotite and pyrite was located in sheared gabbro within the property area. ._____________________________________________________________________________________________________________________________________________. Galway Resources Ltd Symbol C : GWY Shares Issued 122,530,946 Close 2011-11-03 C$ 1.47 .Galway drills 11.4 m of 15.3 g/t Au at Vetas.2011-11-04 06:38 ET - News Release.Mr. Robert Hinchcliffe reports.GALWAY INTERSECTS 15.3 G/T GOLD OVER 11.4M AND 12.8 G/T GOLD OVER 7.2M IN HOLE 12 AT VETAS; SURFACE DRILLING TO COMMENCE ON THE EXTENSION OF CB GOLD'S STOCKWORK ZONE DISCOVERY.Galway Resources Ltd. has released partial assay results from an additional two diamond drill holes at its Vetas gold-silver project, host of the El Volcan gold-silver mine that has been in operation over 400 years and is the largest mine in the California-Vetas-Surata gold region. Galway also is pleased to announce that it will begin to drill its first surface target at Vetas in the second half of November. This target was initially discovered through extensive sampling and geophysical exploration programs carried out by Galway. The initial target is along strike and adjacent to CB Gold's new discovery of 7.57 grams per tonne gold (g/t Au) over 114.98 metres in what appears to be the same stockwork zone on Galway's side of the common border. The CB Gold intersection includes 17.17 g/t Au over 40.89 metres (which includes 316.67 g/t Au over 2.09 metres) and 5.36 g/t Au over 30.35 metres. The focus of Galway's exploration efforts at Vetas is to test for a continuation of mineralization below the El Volcan mine, strike and lateral extensions to the mine and other anomalies within the company's Vetas concessions. Results confirm that mineralization extends at least 200 metres below current workings.

November 3, 2011 Edition of the Stateside Report

2011-11-03T21:01:00.002-04:00

November 2, 2011 Edition of the Stateside Report

2011-11-02T19:08:00.001-04:00

November 1, 2011 Edition of the Stateside Report

2011-11-01T19:08:00.002-04:00

October 31, 2011 Edition of the Stateside Report

2011-10-31T20:33:00.002-04:00

October 28, 2011 Edition of the Stateside Report

2011-10-30T13:27:00.002-04:00

For some reason, the last half of the show was cut-off but I'm posting this anyways because the most important news is at the start of the broadcast..

October 27, 2011 Edition of the Stateside Report

2011-10-27T18:53:00.002-04:00

October 26, 2011 Edition of the Stateside Report

2011-10-26T20:10:00.002-04:00

October 25, 2011 Edition of the Stateside Report

2011-10-25T19:19:00.001-04:00

October 24, 2011 Edition of the Stateside Report

2011-10-24T20:24:00.002-04:00

October 21, 2011 Edition of the Stateside Report

2011-10-23T15:52:00.001-04:00

October 20, 2011 Edition of the Stateside Report

2011-10-20T19:33:00.002-04:00

Great news from Pennant Energy (PEN) and Blackbird Energy (BBI)

2011-10-19T20:37:00.000-04:00

In June, I issued a report on the deep Montney play in the Alberta Basin highlighting Pennant (PEN) and Blackbird (BBI). See the report here. The operator, Donnybrook, released test results tonight that exceeded expectations. The share price of PEN and BBI have gone up 100% and 75% respectively over the past week as the news obviously leaked. I would expect additional share price increases barring a collapse in the overall market.

Pennant, Donnybrook's 22W5 well flows at 1,011 boepd

2011-10-19 16:52 ET - News Release

Also News Release (C-DEI) Donnybrook Energy Inc

Mr. Thomas Yingling of Pennant reports

PENNANT TESTS 1,011 BOE per day AT BIGSTONE, MONTNEY HORIZONTAL WELL

Pennant Energy Inc., pursuant to its Sept. 28 press release, has been informed by the operator, Donnybrook Energy Inc. of Calgary, that the Bigstone, Montney formation horizontal well, Donnybrook HZ Bigstone 14-29-60-22W5, has been successfully completed and flow tested. On Oct. 12, a 240-ton, 12-stage continuous fracture treatment along the 1,254-metre lateral leg of the well (horizontal portion) was carried out over a six-hour period. Immediately after, the well was flowed for cleanup and subsequently flow tested for approximately four days and is currently shut-in for built up. The well, after cleanup, produced gas and condensate over the last 24 hours of the test at approximately 4.3 million cubic feet per day and 295 barrels per day of condensate (1,011 barrels of oil equivalent per day).

The 14-29-60-22W5 well has tested at comparable or better rates with a well located approximately five miles to the south which was drilled and completed in a similar manner (1,200-metre lateral with 12-stage frac) and tested rates of (3.5 million cubic feet per day and 225 bpd of condensates, 808 boepd). The operator of that well has offset the initial test with two longer horizontal wells with 2,000- and 2,538-metre laterals at locations about four miles south of (one mile closer to) the Bigstone 14-29 well. The 2,000-metre lateral section tested at rates of 13.1 million cubic feet per day and 655 bpd of condensate (2,840 boepd). The 2,538-metre lateral section tested at 15 million cubic feet per day and 600 to 900 barrels of condensates (3,100 to 3,400 boepd).

The Donnybrook HZ Bigstone 14-29-60-22W5 well confirms the Montney formation at Bigstone is at least comparable or possibly better in reservoir quality with the Montney that has been drilled at Fir four miles to the south. Accordingly, longer 2,000- to 2,600-metre lateral sections at Bigstone should produce a similar increase in results with test rates anticipated to be three to four times higher than the 14-29-60-22W5 well has achieved.

Thomas Yingling, president of Pennant Energy, stated: "The Bigstone well has clearly exceeded our expectations. The Bigstone/Fir Montney area resource development potential has attracted a significant amount of attention in recent months, not only reflected in the current and planned drilling activity in the area, but also in the high land prices paid ($2,500 per hectare) at recent Crown sales. Pennant's 25-per-cent working interest in 1,792 hectares of contiguous lands at Bigstone represents a potential drilling inventory of 13 to 27 development locations depending on the length of the horizontal leg of each well. We are looking forward to developing this exciting project with our partners."

Based on the reported production performance of longer lateral wells to the south at Fir and the quality of the Montney reservoir section encountered at Bigstone, Donnybrook has informed Pennant that it is planning to drill a longer 2,000-metre to 2,200-metre lateral as the next well in the project.

October 19, 2011 Edition of the Stateside Report

2011-10-19T19:49:00.001-04:00

October 18, 2011 Edition of the Stateside Report

2011-10-18T18:43:00.002-04:00

October 17, 2011 Edition of the Stateside Report

2011-10-17T19:49:00.002-04:00

October 14, 2011 Edition of the Stateside Report

2011-10-16T12:42:00.001-04:00

October 13, 2011 Edition of the Stateside Report

2011-10-13T18:54:00.000-04:00

October 12, 2011 Edition of the Stateside Report

2011-10-12T19:07:00.003-04:00

October 11, 2011 Edition of the Stateside Report

2011-10-11T20:43:00.002-04:00

Happy Thanksgiving to all of my Canadian Friends

2011-10-09T22:36:00.000-04:00

October 7, 2011 Edition of the Stateside Report

2011-10-09T17:03:00.001-04:00

October 6, 2011 Edition of the Stateside Report

2011-10-06T19:18:00.002-04:00

RIP - Steve Jobs - You were one of the geniuses of this world

2011-10-05T19:44:00.002-04:00

October 5, 2011 Edition of the Stateside Report

2011-10-05T19:39:00.001-04:00

October 4, 2011 Editiion of the Stateside Report

2011-10-05T19:20:00.002-04:00