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Message: Next Big North American Shale Play in Newfoundland

Next Big North American Shale Play in Newfoundland

posted on Dec 06, 2009 02:23PM

Getting tired of drilling for gas at 6000 meters for 50 million per well. How about drilling for billions and billions of barrels of oil in the Greenpoint shales of Western Newfoundland at 1500 meters and a cost of 1.2 million per well. All they have to do is figure out how to get it out of the ground. Where have I heard that before! LOL

Check out Canadian Imperial Ventures trading at .04 per share. Drilling to commence this spring. For more info go to Investor Village.

http://www.investorvillage.com/smbd.asp?mb=11925&mn=14772&pt=msg&mid=8268592

Shepp

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