Wysak Petroleum (WYSK)
A diversified energy company whose goal is to identify and develop traditional fossil fuel
sites, as well as clean air energy producing alternatives such as Wind Farms.
Current Price: 0.054
Current Press Release: Wysak Petroleum
Wysak Petroleum Acquires Additional Lease
Wysak Petroleum announced the purchase of an additional Powder River Basin Federal Oil
& Gas Lease. The Lease is located in Western Crook County, Wyoming, along the eastern
side of the Powder River Basin.
This property furthers Wysak Petroleum's long-term goals of asset accumulation in its
core focus area, the Powder River Basin. Additional properties will be scrutinized by
Wysak for future potential acquisition in this highly proven region and in other areas of
the U.S. Midwest.
Wysak Properties
This is the fourth Powder River Basin property acquisition for Wysak Petroleum Inc.
Wysak's other Wyoming leases include one in the Bighorn Basin region and another in
the Green River Basin. Numerous large petroleum and exploration firms operate nearby all
these properties; they include Williams Gas (WMB), ExxonMobile (XOM) and Duke Energy (DUK)
among others.
About Wyoming Oil & Gas and CoalBed Methane (CBM)
Wyoming State has billions of dollars in proven oil and gas reserves. In 2002, Wyoming
ranked second in the U.S. in proved reserves of natural gas and seventh in proved reserves
of crude oil. Collectively over 26,000 wells produced 54.7 million barrels of oil and 1.75
trillion cubic feet of natural gas. Proved reserves of natural gas were at an all time
high of 18.4 trillion cubic feet, while proved reserves of crude oil were 489 million
barrels.
Reserves of CBM in the Powder River Basin are estimated at 31.8 trillion cubic feet.
Nearly 100 wells are being drilled each week, and the gas companies say the entire 8
million-acre basin could have 50,000 to 100,000 producing wells before they are finished.
This is the largest onshore natural gas play in North America within the last ten years.
About Wysak Petroleum
Wysak is a diversified energy company whose goal is to identify and develop traditional
fossil fuel sites, as well as clean air alternative energy producing technologies. Wysak
trades in the U.S. under the symbol "WYSK."
Conclusion:
The Examples Above Show The Awesome, Earning Potential of Little Known Companies That
Explode Onto Investor's Radar Screens; Many of You Are Already Familiar with This. Is
WYSK Poised and Positioned to Do that For You? Then You May Feel the Time Has Come to
Act... And Please Watch
this One Trade Friday and ALL NEXT WEEK! Go WYSK.
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