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WellStar Energy Provides Update on Drilling at North Dakota Well

Wellstar Energy Corp. (WSE-H.V) said that the first well has been drilled and the second well has been spud on its anticipated primary non-operated joint venture in Dunn County, North Dakota.

The company expects to have a 40% working interest in each of the wells upon completion of the acquisition from a private Colorado corporation of certain non-operated oil and gas properties consisting of approximately 18,271 gross (7,273 net) contiguous acres located in North Dakota, which will constitute a "fundamental acquisition" for the company under the policies of the TSX Venture Exchange.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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