posted
Any pennies involved in oil shale or related industries?
Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world — more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. Three companies have been chosen to lead the way. Test drilling has already begun…
Dear Reader,
Five months ago, the U.S. Energy Department announced the results of a land survey…
It was conducted to determine the official amount of oil a thousand feet deep in the Rocky Mountains…
They reported this stunning news:
We have more oil inside our borders, than all the other proven reserves on earth.
Here are the official estimates:
* 8-times as much oil as Saudi Arabia * 18-times as much oil as Iraq * 21-times as much oil as Kuwait * 22-times as much oil as Iran * 500-times as much oil as Yemen
…And it’s all right here in the Western United States.
James Bartis, lead researcher with the study says, “We’ve got more oil in this very compact area than the entire Middle East.”
More than 2 TRILLION barrels. Untapped.
“That’s more than all the proven oil reserves of crude oil in the world today,” reports The Denver Post.
When asked about America’s least-publicized oil supply, Utah Senator Orrin Hatch said:
“The amounts of oil are staggering. Who would have guessed that in just Colorado and Utah, there is more recoverable oil than in the Middle East?”
Here’s the kicker…
The U.S. government already owns the land. It’s been right there under our noses the whole time.
In fact, the government’s appointed a small group of companies to begin the drilling.
Test drilling has already begun.
And the profit forecasts are ridiculous. According to the RAND Corporation (a public-policy think tank for the government), this small region can produce:
Three million barrels of oil per day… That translates into more than $20 BILLION a year.
These are the conservative estimates. The U.S. Energy Dept. estimates an eventual output of 10 million barrels of oil per day. At that rate, the money flow would be even greater.
I’ve written this letter to tell you everything I’ve learned about this rarely publicized oil reserve… who’s drilling it… and how to get a piece of the world’s biggest, untapped oil supply — before it’s too late.
Here’s the full story… ************************************************* Read it all here:
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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FPPL leases are very impressive - source yahoo finance
• First Petroleum Completes Its Property Acquisition Program With the Purchase of Its Final 3 Oil & Gas Leases in Wyoming and Colorado Market Wire (Mon, Dec 12) • First Petroleum Expands Colorado Oil & Gas Lease Program With Third Purchase Market Wire (Tue, Nov 15) • First Petroleum Secures Federal Oil & Gas Lease in Denver Basin, Colorado Market Wire (Wed, Nov 9) • First Petroleum Secures 2 Leases in the San Juan Basin of New Mexico Market Wire (Mon, Nov 7) • First Petroleum Acquires Oil & Gas Lease in Uinta-Piceance Basin of Colorado Market Wire (Wed, Nov 2) • First Petroleum Secures Federal Lease in the Permian Basin of New Mexico Market Wire (Thu, Oct 27) • First Petroleum & Pipeline Announces Stock Split Market Wire (Fri, Aug 5) • First Petroleum & Pipeline Inc. Acquires Interest in 4 Oil & Gas Leases in the State of New Mexico
Posts: 268 | From: New York | Registered: Mar 2005
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posted
FPPL has leases (see below) in these well sought after land that is has to receive the permission of the US Gov't to drill. It has leases that even companies like XOM cannot get. Listed below are segments of the article in Rocky Mountain News that I felt were the most compelling. The first link below is to the entire article. The second is a link to a report on the Piceance Basin.
"The Green River shale deposits in Colorado, Utah and Wyoming are estimated to contain 1.5 trillion to 1.8 trillion barrels of oil, and while not all of it can be recovered, half that amount is nearly triple the proven oil reserves of Saudi Arabia. "
"The agency has rejected 14 out of the total 18 applicants on various grounds. Among those rejected was Exxon Mobil, the world's biggest company with revenues of $339.94 billion in 2005."
"The BLM (US Gov't office in-charge of giving out leases) began accepting proposals to lease federal lands last summer to kick-start development of oil shale in the Rockies, mainly in Colorado's Rio Blanco County. Of the 20 proposals it received from 18 companies, eight companies had plans for Utah, one for Wyoming while the remaining 11 were for Colorado.
First Petroleum Completes Its Property Acquisition Program With the Purchase of Its Final 3 Oil & Gas Leases in Wyoming and Colorado Market Wire (Mon, Dec 12) • First Petroleum Expands Colorado Oil & Gas Lease Program With Third Purchase Market Wire (Tue, Nov 15) • First Petroleum Secures Federal Oil & Gas Lease in Denver Basin, Colorado Market Wire (Wed, Nov 9) • First Petroleum Secures 2 Leases in the San Juan Basin of New Mexico Market Wire (Mon, Nov 7) • First Petroleum Acquires Oil & Gas Lease in Uinta-Piceance Basin of Colorado Market Wire (Wed, Nov 2) • First Petroleum Secures Federal Lease in the Permian Basin of New Mexico
Posts: 268 | From: New York | Registered: Mar 2005
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