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Gold/Mining/Energy
Norstra Energy
An SI Board Since April 2013
Posts SubjectMarks Bans Symbol
34 1 0 NORX
Emcee:  roger wilco Type:  Moderated
Norstra Energy

In the past 5 years the Bakken Shale has already doubled the proven oil reserves of the USA, with growing estimates of over 40 billion barrels of oil, compared to 21 billion for the rest of the country. On November 3rd, 2011, a new production record was set for a Bakken well when the Whiting Petroleum Tarpon Federal # 21-4H posted an IP of 7,009 BO in a 24 hour period. Wells with IP’s over 5,000 BOPD in the Williston Basin are no longer unusual. Currently, North Dakota has over 450,000 BO monthly production and is expected to top 1,000,000 BO by 2015. Industry experts predict that drilling will not slow until 2030, and that Bakken production will continue until 2100.





The South Sun River Bakken Prospect is an over-pressured Bakken shale resource play in Lewis & Clark County, Montana, in the developed Bakken Fairway that extends southwards from Alberta, Canada into northwest Montana. Potential oil production is estimated throughout the literature and publications at 10-15 MMBO per square mile in areas where the Bakken is thermally mature and where the critical middle Sappington Member is between 20’-30’ thick. It encompasses a superb land package of 10,097.99 mineral acres. It is where the western edge of the Bakken Fairway plunges into contact with the tectonically heated Thrust Zone and where we believe the resulting thermal maturity of the Bakken offers the highest potential for oil production. Oil generation from organically rich shale units is considered to commence at Ro=0.65%, with peak oil generation occurring at Ro=1.00% and the end of oil generation occurring when Ro >1.3%. Ro values associated with the Bakken range from 0.6% in the east to >1.00% toward the west and south.

Reservoir quality in the middle member of the Bakken, known as the Sappington, is generally poor to fair, and is a calcite cemented siltstone. The porosity of the Sappington typically falls within the 3-10% range, but can reach as high as 15%. Permeability is also typically low in the 1-20 md range. However, resistivity readings in the Bakken have been recorded as high as 25,000 ohms. While oil generation has been recorded with resistivity as low as 35 ohms, this makes the Bakken formation an excellent candidate for horizontal completion techniques.

Specifically, the prospect lies within the key oil producing zone where thermal maturity (Ro) is between 0.7% and 1.5%. Oil production begins when Ro is above 0.65% and slows when Ro is over 1.3%.

The Total Oil Content (T.O.C.) readings in the prospect area are high as well, reading between 7% and 14%, and water content of the Bakken in the area is low.

There are excellent resistivity readings in the Upper and Lower Bakken members in key wells in the prospect area. The wells show excellent sections of the Bakken with resistivity readings over 400 ohms, well in excess of the minimum 35 ohms needed for possible oil production. The Middle Member of the Bakken, known as the Sappington Silt, is also well developed, with adequate porosity (3-15%) and permeability (1-20 md) for oil production.
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34NORX...This stock is on a tear. It has doubled in a month and they haven't Jerseyfish-5/29/2013
33The company has contacted its Billings, Montana based surveyor to make plans foJerseyfish-5/28/2013
32The company has contacted its Billings, Montana based surveyor to make plans foJerseyfish-5/28/2013
31NORX news is out Norstra Chooses Drill Location Date : 05/28/2013 @ 9:00AM SJerseyfish-5/28/2013
30NORX USGS Releases New oil and Gas Assessment for Bakken and Three Forks FormJerseyfish-5/24/2013
29NORX...people get real. stop looking for a few cents here or there. Allow me to Jerseyfish-5/24/2013
28Revisiting Bakken As Estimates Spike 05/19/13 by Warren Gates FJerseyfish-5/23/2013
27NORX, This company is dynamite! [graphic][graphic][graphic] "We anticiJerseyfish-5/23/2013
26NORX NORX is a tough act to follow. Even I super squirrel can't make you Jerseyfish-5/23/2013
25NORX has so much to look forward to! "We anticipate that the Bakken oil Jerseyfish-5/23/2013
24Like Real Estate, in Oil Exploration, the Neighborhood Matters (PSX, NORX, OXY, Jerseyfish-5/22/2013
23NORX Bakken Fairway: [graphic][graphic] The Bakken Fairway was first discovJerseyfish-5/22/2013
22NORX..The Bakken Project: [graphic][graphic][graphic] THE BAKKEN FORMATION Jerseyfish-5/22/2013
21NORX..Reference wells! [graphic][graphic][graphic] [graphic][graphic][graphic]Jerseyfish-5/22/2013
20NORX Project overview: The South Sun River Bakken Prospect is an over-pressuJerseyfish-5/22/2013
19NORX...this quacks me up! I was reading about all this oil that Norstra Energy fJerseyfish-5/21/2013
18NORX..It isn't easy being green!Just ask me I know...I have been green all Jerseyfish-5/21/2013
17NORX -Share Structure SYMBOL OTCBB: NORX Shares Authorized 150,000,000 SJerseyfish-5/21/2013
16NORX The Bakken Formation The Bakken Shale Formation was entirely undeveloped Jerseyfish-5/21/2013
15NORX is all American cutting back on foreign imports. Fuel prices will decline aJerseyfish-5/20/2013
14NORX, with all the money I am going to make I am going to retire at the beach! Jerseyfish-5/20/2013
13 Norstra Closing in on First Drill Location Date : 05/20/2013 @ 9:00AM Source :Jerseyfish-5/20/2013
12Norstra Closing in on First Drill Location SOUTHLAKE, texas, May 20, 2013 (GJerseyfish-5/20/2013
11NORX ~ North Dakota has twice as much oil as the U.S. government thought [graphiJerseyfish-5/17/2013
10NORX ain't just whistling Dixie...They are out for the black gold. The stuffJerseyfish-5/17/2013
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