Looking for some info on RBE's JV O&G properties. Looking at Woodrush, even though they have a 1% interest, their is still lots of production potential. Currently RBE gets 10bpd, but in Dejours October presentation it shows a potential 5600bpd(57bpd for RBE).http://www.dejour.com/docs/dejcorporatepresentation.pdf
Cant find anything on Rustler Petroleum, as they are a private company and their website is currently being developed http://www.rustler.ca/
. Were gonna have to sit tight and wait for RBE to anounce news on the Cardium wells if we want an update.
Some historical info from RBE's MD&A on Crosshills:
The Cross Hills property consited of 100% ownership of 27 claims covering an area of approximately 675 hectares north of Fortune Bay in southern Newfoundland. The area is generally ice-free year round and is readily accessible by paved road from the coastal community of Grand Le Pierre. In April 2010, the Company staked a further 27 claims contiguous and to the south of its existing Cross Hills 27 claim property. This doubling of the Company’s Cross Hills property will in part better facilitate development of the original property and will add to the area for continuing prospecting.
The Cross Hills property has reported historical assays by previous exploration companies active in the 1980’s that returned values up to 20,000 grams per ton (g/t) of Zirconium (Zr), 2,968 g/t of Yttrium(Y), 2,334 g/t of Niobium (Nb), 1550 g/t of Cerium (Ce), and 725 g/t of Thorium (Th).