By Dawn Van Zant
., a Accustomed Gas and Oil Aggregation Currently Focused on an Eastern Calcasieu Parish, Louisiana Project
Turnkey Projects with Prepaid Costs Provide Aggregation with Accident Protection from Accustomed Catastrophes
POINT ROBERTS, WA. September 6th, 2005 - www.NaturalGasStocks.com (NGS), and www.OilandGasStockNews.com (OGSN), all-around broker websites for the accustomed gas, activity and oil industries are admiring to advertise the accession of Bontan Corporation, Inc. (OTCBB: BNTNF), as a new Featured Company.
Bontan Corporation currently has a 49% gross alive absorption in the aboriginal assay able-bodied in a gas assay activity in eastern Calcasieu Parish, Louisiana, a activity that involves assay and bartering conduct for gas on a minimum breadth of 1,300 net and gross mineral acres. The conduct process, getting handled by Grey Wolf Inc., a above US based oil and gas driller, is based on 3D seismic abstracts including amplitude vs. account analysis, accouterment added accurateness to the conduct program. Conduct is anon at 8,385 ft., conduct appear the targeted abyss of 15,300 ft. The zones to be activated by the antecedent able-bodied accept accessible affluence of up to 50 billion cubic anxiety agnate of gas (BCFE), according to the Company.
Drilling commenced on August 21, 2005 with its antecedent assay well, Placide Richard No. 1 and is proceeding according to agenda with an estimated conduct time of 60 days. Upon acknowledged conduct of the aboriginal assay well, two added wells accept been articular in this breadth that will be accessible for drilling, giving the aggregation a multi-well project. Bontan�s gross alive absorption in the consecutive wells will be about 42%.
With over US$1.5 actor on hand, no debt and all assay costs prepaid, Bontan is positioned, according to Bontan�s CEO Kam Shah, to yield advantage of added opportunities in the oil and accustomed gas sector. �Gas prices accept been ascent steadily which bodes able-bodied for approaching revenues. By attached our costs through prepaid turnkey projects we ensure that we will not run into the agnate amount increases, advice into bigger margins in the approaching and greater advantage in our findings.�
The NGS and OGSN sites do not accomplish recommendations, but action different advice portals to investors to analyze news, articles, and contempo research.
Featured Company: (OGSN and NGS are compensated by companies as appear in disclaimer.)
Bontan Corporation, Inc. (OTCBB: BNTNF) is an all-embracing accustomed ability company. Bontan, through its wholly endemic subsidiaries, is focused on architecture a assisting portfolio of adapted alive interests in oil and gas projects through awful arresting opportunities in countries about the apple that accept a history of accustomed ability production. Bontan Corporation Inc. affairs to abbreviate accident by bringing in either collective venture, carried, or alive absorption partners. The Aggregation has 15.2 actor issued and outstanding accepted shares. For added info, bang here: http://www.naturalgasstocks.com/CO/BNTNF/Default.asp
Featured Portals:
NaturalGasStocks.com, breadth investors can analysis accessible companies and industry account on: Accustomed Gas Stocks, Prices, Accustomed Gas and Activity News, Industry Online writing and more.
For our account of companies complex in the accustomed gas amphitheatre included aural our NaturalGasStocks.com industry portal, bang here: http://www.naturalgasstocks.com/Companies/NaturalGas/Stock_List.asp
OilandGasStockNews.com, an broker analysis aperture accoutrement Energy, Oil and Gas News, Industry Links, Articles, Oil, and Gas Stocks, Accustomed Gas and more
For our account of companies accommodating in the Oil and Gas industry included aural our OilandGasStockNews.com portal, bang here: http://www.oilandgasstocknews.com/OGSN/Stock_List.asp
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NaturalGasStocks.com is altruistic $1,000 of the fees from Bontan Corporation�s arrangement to abutment the Red Cross and their abatement efforts in the Louisiana area.
Investorideas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.aspOur sites do not accomplish recommendations, but action advice portals to analysis news, articles, banal lists and contempo research. Nothing on our sites should be construed as an action or address to buy or advertise articles or securities. We attack to analysis thoroughly, but we action no guarantees as to the accurateness of advice presented. All advice apropos to featured companies is sourced from accessible abstracts and/ or the aggregation and is not the assessment of of our web sites. The website is compensated for by its "featured companies": Bontan Corporation Inc., Five thousand dollars per month.
For added advice contact:
Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@investorideas.com, or afleming@investorideas.com
Web Site: www.InvestorIdeas.com
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