Norstra Energy Inc (CE) (NORX) Cotización

$NORX Tier Change: Grey Market to Expert Market

Why is this moving?? Anyone???

https://www.sec.gov/litigation/litreleases/2017/lr23921.htm

Why do you people always bash on pump and dumps? Just by low and sell high as long as the roller coaster is going. Pumps are money makers you just have to know when to get out.

More on Norstra coordinated pump and dump by Glen Landry

https://www.caymancompass.com/2016/03/01/litigation-skype-messages-show-caledonians-trading-activity-in-penny-stock-frauds/

About time, I hope they stick it to them good!!

Great! Bout time...

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Grey Market


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WOW

SEC lawsuit against NORX and its CEO:

http://www.sec.gov/news/pressrelease/2015-126.html

http://www.courthousenews.com/2015/02/06/SECvCaledonianBank.pdf

SEC Goes After a Cayman Islands Bank linked to Nostra and others



MANHATTAN - Cayman Islands-based Caledonian Bank and four other companies took more than $75 million from unregistered sales of "virtually worthless" penny stocks, the SEC claims in court.

The SEC on Friday sued Caledonian Bank, Caledonian Securities, Clear Water Securities, Legacy Global Markets, and Verdmont Capital, in Federal Court.

The Caledonian defendants are based in the Cayman Islands. Clearwater and Legacy are based in Belize, Verdmont in Panama.
All of the scams were the same, the SEC says in its 39-page complaint. First, they filed "bogus registration statements" with the SEC, purporting to register securities to public shareholders, though there were no such sales and the securities stayed in the control of the issuers and their affiliates.

"In the sham offerings, the issuers pretended to sell securities to shareholders in such places as Serbia, Mexico, Ireland, Norway, Panama and Jamaica," the SEC says.

The restricted securities were then "passed off" as free-trading stocks in the United States and sold to the public, the SEC says in the lawsuit.

The agency claims the defendants operated as affiliates, dealers, sales outlets and underwriters, in connection with four shell companies: Swingplane Ventures, Goff Corp., Nostra Energy and Xuamnii Inc.

"(T)hese violations occurred simultaneously with aggressive and extensive promotion campaigns for the penny stocks of those shell companies," the SEC said. "The defendants' unregistered sales of securities generated more than $75 million in proceeds on penny stocks that were virtually worthless and whose prices fell to their former token levels within months of the defendants' sales."

The SEC seeks disgorgement, restitution, penalties and an injunction.

Finally dumped this POS to get my tax write off for this year. GLTA

The pps continues to drop with no end in sight. May have to bail out and take the tax loss.

I hope you are right because the pps sure doesn't reflect your view point. Good luck trading.

Krone 31-32 well logging announced last week. Reservoir quality Bakken Shale found!!!
SNOVF has 20% of the Krone well. Should be well finalization plans out shortly. Should be good cash flow for Snovf and allow them to complete the Milford Bakken well in 2015.
Krone is within sight of the Milford spudded well. Bakken was only 7000 ft which should make the wells a little less expensive to drill. Norx is not dead yet boys & girls.
Look at this stock a year from now and see that Norx knew the geology!!
Bakken Bakken >Bakken.

This pps is so low , it can only go up. I'm not holding my breath on this one. I have seen the pps go from $.80 per share to it's current pps.

FX Drilling is underway on the Krone 31-32 Bakken well.
We should know in 2-3 weeks if there is Bakken on the Norx land.
may have 15 square miles of Paydirt.
Stay tuned up for what could be fantasic news.

It is all about the Bakken!! Augusta LLC will be drilling
by Friday for Bakken at the site of the old Krone Well
drilled by Shell in 1962. Cores showed Bakken then!
Site is within view of Norx Bakken well which has been spudded.
The investment community will know by end of the month
if Bakken is really in the southern Alberta Fairway.
If Augusta LLC hits Bakken at 7000 feet within view of Norx/Snov
Leased land this will show Laundry knew all the time.
15 square miles of Bakken is at least 48 producing fracturing wells. Boys that could be 24000 barrels
A day at 500 barrels a well. Hello! That is > $16M a week!!
Norx may still be a rocket post the hijacking of this company's stock 16 months ago.
Stay tuned for the upside!!

I am so glad I got out of this dog when it was in the .40's. Good luck to those of you who are still holding on but I think you're dreaming.....

The pps sure hasn't indicated the well activity. I hope something comes out of the turn of events. We all know there is oil and gas on those properties.

Test swabbing and perforating as part of well completion are common
industry best practices. You don't perform these activities unless you are
rather sure there are hydrocarbons present.
These activities can be carried out in a couple of days
once the swabbing equipment and wire gun are on site along with the
needed infrastructure.
The point being this was not a dry hole!!!

Multiple pay zones on Eagle 1 possible.!!
Bringing in another rig to pin point the pay zones
and complete the well to the permitted depth.
Both gas and oil shows. Well being logged.
There is oil and gas on the Norx property.
Good times ahead! Check latest article in Fairfield
Sun times as of today. Congrats to Norx on their
perserverance. Now there will be cash to drill for the Bakken!!
Do not write off this Company!!!

Drilling completed late last week on the Eagle 1 well
No transmission system in place for gas sale yet
Well cores being logged & awaiting Corporate PR releases later
this week by Super Nova and Norx. Another well and gathering system is part of the
JV deal with BNV Energy by end of the month. The GaSco rig is ready to go again this week.
Fairfield Suntimes to cover future of the well later this week.
Norx may have just hit on gas in the Eagle formation!!
What a comeback from 15 months ago when they were SEC suspended on trading. Congrats
on Company commitments.

I can only hope you are right because it has been over a year and the pps can't seem to get back to .80.

Been long on NORX for 17 months. Been a rather unpleasant ride after the SEC suspension. Norx had stayed the course and finally managed to get a couple of JV partners who have jointly came up with drilling money. Looks like both the NG wells will be drilled by end of Sept & could hit and be producing commercial quantities by late Oct.
Hope the longs are smiling aftet the unpleasant ride. It is definitely time for the Norx price to reflect all the positive occurances!!

Norx is drilling away and has already had oil finds at 560 ft and hydrocarbon finds at 600 feet as of Tuesday. No Norx press releases yet. Guess they are waiting commercial quantity hit which may occur in the next week. Well was spudded & concrete hardened & restarted air drilling. After O & NG finds have restarted with muddrilling. The site is only a couple hundred yards from the spudded Bakken well. Check CNN money for the Super Nova news release last week .
Check Fairfield Sun Times for 2 recent news articles. The JV partner BNV Energy is managing the drilling. GASCO is performing the drilling.
With all of theses positive activities it appears NORX has regained their credibility and is following up on all commitments.
Hello Board!! Let's get a cup of coffee and wake up.
Congratulations Norx and Super Nova.

That is a good question as the pps keeps dropping. Soon I will have my tax write off for 2014.

any thoughts on when drilling comes????

No news on the NORX board.

I'm riding it out until the year's end and take my tax loss on this stock.

There's a lot of problems with that PR.

First SNOVF buys 80% rights for $65K, and the company they are buying it from is then going to sink $1.5M into the drilling as part of their 20% continuing interest. Believe that is what the PR is saying. Why bother to sell it at all?

Then as you state a lot of words relating to NORX. Where drilling a deeper vertical hole is just the start. Then you need the fracking. From memory the cheapest I've heard is just under $5M for a single well fracked. The larger players can easily afford a multi stacked fracked well. But can SNOVF? It's only real asset is the stock it sells to the market. Which was the same story for NORX.

The only interesting thing about SNOVF is that it's Canadian based, piggybacked onto the pinks. Which side of the border gets to suspend the stock? Either way, SNOVF will not be NORX's salvation.

The problem with this PR is it is all talk and no action. Norx has dropped in value as a result of SNOVF value. I have little confidence in this stock anymore.

CNSX : SNP
PINKSHEETS : SNOVF


Super Nova Petroleum Corp.
June 10, 2014 13:31 ET

Super Nova Petroleum Corp.: J.V. Partner to Drill Two Gas Wells and Gas Gathering System on Bakken Fairway Lands
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 10, 2014) - Wolf Wiese, President of Super Nova Petroleum Corp., (CSE:SNP)(PINKSHEETS:SNOVF) (the "Company" or "Super Nova" or "SNP") reports that an agreement has been reached with BNV Energy LLC (the "BNV") of Huston Texas to sell approximately 2964 acres of its wholly owned Milford East Land for US $66,700 in cash, $35,000 upon signing and $31,700 to be paid on July 16th, 2014. This acreage is contiguous to the south of the Company's Milford Colony farm in lands in Lewis and Clark County on the Alberta Bakken Fairway in Northwest Montana.

BNV has committed $1,500,000 to drill two gas wells and build a gas gathering system on the lower 5,000 acres of the Milford colony Farm in lands, in which Super Nova is farming in to a 80% working interest. The first gas well is to be spudded no later than Sept. 30th, 2014. BNV will carry Super Nova to 40% working interest. Once BNV has drilled the two gas wells to depth 3,000 - 4,000 ft., and in case of commercial gas production, BNV will build a gas gathering system and will have earned a 60% working interest in the subject acreage. The Company looks forward to working with BNV.

The Company is planning to drill to the Bakken formation on its Milford Colony 13-11 well. This well has been drilled and cased to 880 ft. and can be re-entered to drill to 9,000 ft. to the Bakken formation.

The Company is currently soliciting financing for its Bakken project as well as the McAffee well in the Austin chalk in Frio County, Texas.

Referring to the drilling of the gas wells above, this resource may not be found. If found, this may not be commercially viable.
On behalf of the Board of Directors:

SUPER NOVA PETROLEUM CORP.
Wolf Wiese, President

THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NEITHER CSE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY'S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR.

CONTACT INFORMATION
Tyler Troup
Corporate Communications
1-866-865-2780
tyler@circadian-group.com

Mike Poulin
Corporate Communications
604-221-8936
mike@supernovaminerals.com

disclaimer: this poster is compensated $3,500 per month by the issuer through a corporate communications and Investor Relations Agreement.

At least we can get a tax write off from this stock.

I wrote this pos off a while back. Valuable lesson learned on thos one...

Most likely writing this stock off for taxes this year.

I've tried with 3 other energy stocks

and they are the same as NORX

Not surprising you have encountered others. The hype for NORX was that it plugged into the Bakken oil story. It's an ongoing big US oil story- drilling, and production in the Bakkens, not to mention the Permian fracking in Texas. The hook was that somehow NORX bid and obtained a lease for peanuts, overlooked, by the main oil players for the last 20 yrs. What's the probability an area in the State of Montana would just be overlooked? Or the only interested party in a finite resource (land) would be a microcap company?

At least Landry got the State correct. I'm following another stock a gold company that suddenly decided to become a Bakken oil company (with no prior oil experience), bought a lease in Utah. Where their lease is for "oil shale" or heavy waxy oil, not "shale oil" or Bakken sweet. Never mind Utah is not considered to be part of the Bakken oil fields. Imagine that a Bakken oil company with a lease which has nothing to do with Bakken oil. Doesn't matter the word "Bakken" is magic in the microcap scam market.

The moral of the story is that if you want to invest in a Bakken oil stock, go to the NYSE and find one. Else one gets to play the "game" of wild speculation in the microcaps, and try to time a flip trade. Then it doesn't matter if it's a Bakken, Gold, Green Energy, or Pot stock. Any fad microcap stock will do.

I bought into the NORX hype for a 1,000 shares. Guess they saw a Sucker. When it jumped to $2.00, I should have sold it but I thought it'd keep climbing. Trouble when you are green and learning.
I've tried with 3 other energy stocks and they are the same as NORX, no future. Live and Learn.

I did a while back learned a lot with this hunk of shit. First stock ever purchased, and it was a doosie

I'm deciding whether to right this one off and take my tax deduction for this year.

I can't believe these crooks are still operating. Got out when the scam sent it directly to the grays, but check back from time to time to see if anything has changed. Looks like it is all the same, more promises and no delivery. There is such a tangled web of companies and lies surrounding this thing about who will drill when they will drill, etc.... I wish you all the best, but with so many other oil plays why keep screwing with this one.

I'm a bit confused according to the article posted by SNOVF

it says that that the cost is $150,000 to test, case, perforate and drill. Any thoughts?

Taken at face value they will drill a hole past the current 800 ft. Then you have a hole in the ground waiting to be fracked. Which is where the real $4M expense is at for a Bakken oil well. Page 20 in the last 10K, NORX fesses up to a $5M cost. Although their recent 8K cost numbers fall short.

SNOVF does claim they will fund via cash flow from McAfee. The last time I checked their Canadian Sedar filings, SNOVF had no cash flow from their oil leases.

The estimates for oil and gas NORX derived from 1980 seismic studies, and nearby production history. Strange how only a microcap would bid on a lease in this area. It's not as if Bakken property capable of production is unlimited in acres, and all major mid cap Bakken players would pass on bidding for anything promising. Unclear where SNOVF got their estimates from.

I'm a bit confused according to the article posted by SNOVF it says that that the cost is $150,000 to test, case, perforate and drill. Any thoughts? Also the driller is Fatih Drilling from what the article states.

Milford Colony Project, Lewis and Clark County, Montana:

Upon successfully achieving production on the McAfee Well, the company will re-mobilize their driller, Faith Drilling, to the Milford Colony 13-11 well. Last summer this well was permitted, site prepped and drilled / cased to 880 ft. The well located on the Alberta-Bakken Fairway in Lewis and Clark County.

The company has received a best estimate N.I. 51-101 compliant of 18 Bcf of prospective natural gas on this property at 2500 ft. in the pervasive Eagle Sands. Best and worst case scenarios on prospective gas are valued at $368,000,000 and $9,000,000 respectively. There is a pipeline adjacent to the property with excess capacity to potentially sell gas into. (THE MILLFORD COLONY PROSPECTIVE GAS RESOURCE MAY NOT BE DISCOVERED AND IF DISCOVERED THE RESOURCES MAY NOT BE ECONOMICAL.).

Based on discussions with the company's driller, it is estimated that the cost of drilling, casing, perforating and testing the Eagle formation in the partially completed Milford 13-11 well will cost approximately $150,000. The Company feels it will be able to fund this first well and possible subsequent wells in Montana with cash-flow produced from the McAfee project.

The company is still encouraged by the potential to test the Bakken formation for oil reservoirs below this shallow gas at roughly 8,800 feet.

Well don't they have a 4-5 year lease on the site as well? Am I mistaken that they entered into a contract with a drilling company that was supposed to be issued shares for their stake in drilling?

Where's the drilling equipment at? When are they going to drill?

Valid questions, but better is: Where's the money to do it with?

NORX claims to have spent $395K. SNOVF in their PR is kicking in $150K. Only problem is the ave cost for a Bakken well is ... $4M. There was a small-mid cap Bakken player who recently bragged about being below $4M in well cost drilling, without specifying how much below. As in they were claiming to be a little better than their competitors. Presumably the $4M may include some fracking line costs.

The point being none of the major Bakken players are reporting they can bring a well online with fracking for $0.55M total. Yet that's the combined number for what NORX+SNOVF has tossed out to the market. NORX since the suspension has been crippled in its ability to sell stock to the market. And selling stock is SNOVF's only source of revenue. Can they raise $4M by selling SNOVF stock into the market? And if they get that far, what happens if the first well is a dry hole, and they need another $4M for the next well?

Guess for $0.55M they could always position some equipment at the site, and drill until the money runs out.

Drill baby, drill. Where's the drilling equipment at? When are they going to drill?

More Supernova/Norstra updates:

http://supernovaminerals.com/2014/04/super-nova-announces-the-offering-of-the-convertible-note-which-converts-into-direct-ownership-of-company-oil-and-gas-wells-or-common-stock/

Norstra-Super Nova Update:

http://supernovaminerals.com/2014/04/super-nova-petroleum-corp-increases-financing-from-420000-to-600000/

Wish this stock (Norx) would take off

Since my post of 20-Feb Landry has blessed his shareholders with an 8K filing. Not mentioned in the 8K was the gob of stock the SNOVF site article indicated he got. Either SNOVF was inaccurate, or NORX left something out of their 8K

Named operator in the 8K is a driller Black Gold. If one searches the Montana Oil and Gas Conservation site one will find no permits for Black Gold concerning Milford Colony. If you search by county or Lewis and Clark, you will find a spudded well by Summit West dated back to Sep 2013.

Conclusion: There has been no drilling activity by Black Gold in the Milford Colony area.

The 8K lays out a payment schedule for SNOVF. Appears one will have to wait till next month for the 10Q to see if SNOVF has continued to make $15K/mo payments, or backed out immediately with no announcement.

Wish this stock (Norx) would take off.