posted
· Some Shoppers Don't Wait for 'Black Friday' · Blackberry Product Delays Slash RIM Shares · Kodak Shares Jump After IRS Settlement · Weekly Jobless Claims Rise to 335,000 · Toyota Aims to Unseat GM as Top Automaker · It's Beginning to Look a Lot Like Tech-mas
EOGI to start production soon
Search for Business News:
Updated: 09:14 PM EST Emerson Oil and Gas, Inc. Announces Funds Advanced for Final Tie in of Gas Well on Acadia Project in Alberta
VANCOUVER, British Columbia, Nov. 21, 2005 (PRIMEZONE) -- Emerson Oil and Gas, Inc. (Pink Sheets:EOGI), a Nevada Corporation, is pleased to announce it has advanced the funds to the operator for final tie in for production purposes on the 11-16 well in Alberta. The Company expects to have tie in and construction updates to follow.
The Company has a 49% working interest in the Acadia Project, located in South-Eastern Alberta and also maintains a carried working interest of 12.5% before payout and an 18.75% working interest after payout in both the W.T. Davis and the Rinsland Estate No. 1 well in Bossier Parish, Louisiana.
Emerson Oil and Gas is in position to take advantage of the current demand and booming world market price of oil and gas. Emerson's primary operating philosophy is to utilize the most current technology available to develop low risk, high yield, underdeveloped oil and gas reserves. This approach will enable Emerson to capitalize upon previously discovered and producing properties with known reserves that had not been completely exploited due to market conditions.
Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Emerson Oil and Gas Inc. has little or no control.
CONTACT: Emerson Oil and Gas, Inc. Dave Harker President Tel: (866) 251-4174
20051121
Money News· Some Shoppers Don't Wait for 'Black Friday' · Blackberry Product Delays Slash RIM Shares · Kodak Shares Jump After IRS Settlement More Money & Finance Market News & Events· The Update From Wall Street · Latest Earnings News · Check Overseas Markets Investing Tools· Get a Stock Quote · Check or Set Up Your Portfolio · Get Alerts When Your Stocks Move Big
Top News Headlines· Thanksgiving Parade Balloon Injures Two · Bomb Explodes Outside Iraq Hospital, Killing 30 · Toxic Slick Flows Into Major China City Top Sports Headlines· Dayne's Huge Run Lifts Broncos Over Dallas · Wie Fails to Make Cut Against Men in Japan · Vick Leads Falcons to Easy Win Over Lions More Sports Also on AOL· Safest Cities in America · Seven Cool Cities · Six Biggest Money Fears
AOL Personal Finance is your source for investing, market research, and debt management information. Build a custom stock portfolio or get advice on mutual fund and bond investing. AOL Personal Finance -- we are your partner for smart investment advice. ▲ BACK TO TOP
IP: Logged |
posted
I bought this one * 0.017. Been watching this for a few months. See their partner Cascade. This company is going to Start production and that means more $$$$ to buy more wells and more profit. A very easy 4-5 baggar in a few days. See how AMEP exploded. See how QOIL exploded. See how UPDA exploded. This is the next one. Will be buying more next week.
-------------------- Almost There....
IP: Logged |
posted
Before the market close, there was a Buy at Ask at 0.017 for 2,287,000 which comes nearly to $38,879 for a Single Buy. This week will be interesting for EOGI. I missed AMEP initially when it was trading at 0.01s and eventually bought at 0.03- 0.04. I am in EOGI before it starts to explode. See the volume surge for the last 2 days. Once this starts exploding it can easily reach 0.05 shortly in a few days. Keep it on Radar. They carry 49% NWI in the Well where the production is going to start next week. EOGI is also sitting at 52 week low making it more attractive. Even the candlestick analysis shows reversal.
-------------------- Almost There....
IP: Logged |
posted
JEMFinance -- I was sitting by the ScotTrade Streamer and saw that happened. The Volume just jumped instantly. I exactly saw 2,287,000 shares traded as a Buy * 0.017. I am anxiously waiting for Monday and see what happens. This has to go up next week and how far does this run only time will tell. Also see the Reversal of the chart.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
