Would love to hear peoples thoughts on this.
US Oil and Gas have drilled a well in Nevada and given positive seeming press releases. ( http://usoil.us/?q=node/202 )
Flow testing etc is starting and being done by Baker Hughes.
The company trades on the unregulated "gxg" market. ( gxgmarkets.co.uk ) having been delisted from PLUS.
It is an interesting story but i cant help feeling uneasy about it.
Their seismic technique was interesting. They are using a novel "listening" technology pioneered by the Russians and commercialised by http://www.geodynamics.it