This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

CEC North Star Energy Ltd Announces Major New Advancements In Its Heavy Oil Project

CEC North Star Energy Ltd or “CEC North Star” (“the Corporation”), A Calgary based private Heavy Oil Company, with major resources in the Peace River area of northern Alberta has just released the findings of its laboratory analysis substantially de risking the project. This technical report, with other reviews and presentations can be found on the following company website link:

The recent analysis of cuttings from wells drilled through the zones has shown the presence of oil which in combination with the other geological/geophysical work done to date has gone to substantially de risked the projects. This work has shown favorable comparisons to similar projects of PennWest, Baytex and other majors to the south of the North Star lands which have both primary production and enhanced recoveries such as CSS and SAGD production on the Bluesky formation. Upon completing the coring program for the winter of 2012 – the results will be used for the applications for the next stage of development which the Corporation will apply the appropriate technologies(s) which may include the CSS/SAGD 2-4 well pilot type of development typically of the 1200 to 5000 bbl/d size and/or immediately move to the primary production models.

This work is being conducted in conjunction with its Joint Venture Partner Tamm Oil and Gas Corporation ( TAMO) who has entered into an agreement to vend into the Corporation substantial additional oil sand leases adjacent to North Star’s core leases.

The Corporation has accelerated both its development plans based on the recent technical studies and will pursue its intention to create a publicly traded vehicle in 2013.

About CEC North Star

CEC North Star Energy Ltd is a non-public Calgary based Energy Corporation with a substantial oilsands lease holding in the Peace River block of north western Alberta Canada.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs