I would suggest a visit to their web page for info on DHT.
http://www.petrostarpetroleum.ca/tec...
This tank you mentioned is not the focus - the tank heater is the technology. As I understand it, it heats the tank contents (oil, bitumen, whatever) so that it maintains a decent viscosity, and does it in a way that no green-house gases are generated or emitted. This is a really big deal for oil companies.
You mentioned Bakken, so I presume you know what it is. The June 5 nr says in part
"The anomalies on these sections appear to be sizeable and are considered high probability targets. Oil (40° API) has been recovered in the immediate area and the Company intends to target two oil bearing zones;"
So, they think (and we all hope) that they are going to hit oil, but nobody knows for sure.
If I knew what the selling price was going to be when (if) they hit their target, my lines of credit would be maxed out, and I would have a lot more shares than I do now. LOL
Maybe someone else can on the board can suggest a target sp.
BTW, becoming a Tier 1 company is not insignificant - could possibly attract more buying interest.
Cheers