Red -Hot Company***Opportunity Knocks
Tradestar Corporation Announces Barnett Shale Option
Friday February 25, 9:09 am ET
Tradestar CEO, Tom Feimster stated, "This is one of those 'once-in-a- lifetime' opportunities. Tradestar is committed to producing the Barnett Shale in a big, big way. This acquisition would put Tradestar in an elite class of producers, the big leagues if you will." ( The acreage has 2 existing wells that can be horizontally re-entered and an additional 9 new horizontal well locations. Reserves are estimated at 2-4 bcf per well, with daily production estimated at 1,500 mcf per day, per well. If acquired, this field would give Tradestar a total of 15 Barnett Shale locations in Parker and Erath counties. Tradestar expects due diligence to be completed in 3-4 weeks. Partial clip of the news. Go to yahoo or any financial news site to read the entire release)Professional traders often say, "Make the trend your friend."Emerging Energy StocksPresents,
Tradestar Corporation (Pumping out the oil right now)OTC Pink Sheets: TIRR (Past the dream stage)Tradestar Corporation Announces First Oil Sales From Karnes County Projecttoday announces the first sales of oil from its 4 well field in Karnes County, Texas. Since completing the rework project in early February, Tradestar has sold a total of 529 barrels of oil at $44 per barrel.
Initially expected to yield 30 barrels of oil per day, the Hysaw-Hobson prospect has exceeded company expectations by 30%. Tradestar acquired the field in September 2004 and began recompletion efforts in early January 2005. The field, which had not produced more than 8 barrels of oil per day since 1997, is now producing 38-40 barrels of oil per day, and more than 1,200 barrels of oil per month. (partial clip, go to yahoo or any financial site to read the news now.)
Tradestar Corporation is an independent energy company engaged in the exploration, development, exploitation and acquisition of on-shore oil and natural gas properties in conventional producing areas of the United States.
The company was incorporated in the State of Oklahoma in 1982. Tradestar strives to enhance asset value by expanding oil and natural gas reserves, raising production levels and increasing cash flow. Tradestar intends to foster its growth as an independent oil and natural gas company by investing in only proven producing wells.
They conduct their primary operations in Texas, but have the capability to manage properties in Oklahoma, Kansas, and Louisiana. They strive to enhance asset value by expanding oil and natural gas reserves, raising production levels and increasing cash flow.
On the acquisition of a 100% working interest in a 4 well oil field in Karnes County, Texas. Tradestar CEO Tom Feimster stated: "This is exactly the type of project that Tradestar is committed to undertake." Regarding the start of production from Well 4A, Tradestar CEO Tom Feimster commented: "The production of oil from the 4A well is a bonus because the well had been off line for so long that no one really knew what it could produce, or if it could
produce at all, and here we are with a well that should net $250,000 per year to our bottom line."Feimster continued, "I don't care who you are, that's a nice bonus!" Tradestar CEO Tom Feimster said, in regard to the move into Natural Gas: "This is a great opportunity for Tradestar and we are very excited with this project. Barnett Shale production is the proverbial promised land right now. You just can't miss a well."
In order to solve the current energy crisis independent energy producers like TIRR are doing their part. TIRR is in a great position to succeed in this growing and profitable market.
Keeping overhead low, coming in Under Budget, an experienced management team, sites that are producing right now, and a realistic growth plan, they look to be here for the long haul and right here in America!The watch starts right now. It's Radar time.....To permanently stop receiving this newsletter, please use our secure one step safe un subscribe. Send a blank e mail with no thanks in the subject line to nothanks@.... For any questions, comments, or complaints about receiving this newsletter, please write to e-broadcast group, 6 Effute Avenue, Kingston 10 Jamaica, WIDis.claim.er
All material herein was prepared by DML based upon information believed to be reliable. The information contained herein is not guaranteed by DML to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not always approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. DML is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed or mentioned herein. An affiliate of DML has been compensated by a third party shareholder or with cash from the company on behalf of one or more of the companies mentioned in this opinion. DML has been compensated two hundred thousand free trading shares of TIRR. DML intends to sell its shares. DML may sell its shares for less than the target price given in this opinion. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. DML's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. DML will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.<-*->|s=3iF Asn|=0,sz<-*->