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Nuloch Resources v.NLR.a C$1.31



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By Bobwins

Posted: Wednesday Aug 18 5:10:45PM 2010

Q2 report. Production increased from 837boepd in Q1 to 925boepd. Current production is 1025boepd and there are 7 more wells that are drilled and waiting for completion/testing. They should move production to 1250boepd over the next 60 days. Nuloch has extensive acreage in the Williston Basin on both sides of the border. They have 10% of 240,000 acres in the US and much higher percentages in Canada but lower acreage. Their Canadian land is in partially unproved Tableland. diluted weighted average share count is 100,212. Company is guiding for 1,650 exit rate with 82% liquids. http://finance.yahoo.com/news/NuLoch-Resources-Reports-iw-1268103343.html?x=0&.v=1 http://finance.yahoo.com/news/NuLoch-Resources-Reports-iw-1268103343.html?x=0&.v=1

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