posted
TNOG, much like it's little industry including AMHD and GSEG, is down right now.
It's small oil and gas, and yes, oil prices at the pump are down, and the numbers yesterday suggest we have more reserves than expected.
However, this country only produces about 2million barrels a day more than it consumes. So, supply is barely ahead of demand. And we know demand is only increasing while supply is not.
So, I ask you: is this a good time to buy these stocks? IMHO, it is. I contend that winter is around the corner, and the current state of affairs with Iran will together drive prices at the pump back up. And, the price per barrel is already at $69 per barrel. That's not getting any cheaper.
I'm buying TNOG at .003 and AMHD at .0135
I predict TNOG will be at .012 and AMHD at .025 by January.
Will you join me?
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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posted
played this back in feb made a nice liitle profit when it ran to 0085 in july, think there is a chance it will bounce again glta
Posts: 352 | Registered: Oct 2006
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posted
This is one of the few penny stocks that has net me enough to cover all my losses combined. I just bought in again a couple of weeks ago at .005 thinking it hit bottom.
I think TNOG has a lot of potential on many levels. More profit to come....
Posts: 602 | Registered: Aug 2005
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posted
TNOG is an impossible stock to predict. Charts, historical data, PR's, bashers, pumpers, astrology, fortune cookies, you name it...doesn't add up to anything.
It's a lot like my dogs really silent and extremely nauseating tear-jerking farts... never heard it coming, but it came with a vengeance!!
Just wish DDSI would do the same.
Posts: 602 | Registered: Aug 2005
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posted
Press Release Source: Titan Oil and Gas, Inc.
Titan Oil and Gas, Inc.: Final Process Underway to Bring Eberle #1 Gas Well On-Line Friday November 3, 9:10 am ET
SAN ANTONIO, TEXAS--(MARKET WIRE)--Nov 3, 2006 -- Titan Oil and Gas, Inc. (TNOG: PK) is pleased to announce the commencement of the final phase to bring its Eberle #1 gas well in Bastrop County, Texas, on-line, with a rig on its way to the site. With the successful conclusion of operations on the Eberle #1, preparations will be made to undertake development of an additional well in close proximity to it, where we will hope to obtain a similar result.
Previous operations in August proved successful. Gas production was achieved at appx. 5,000 feet, from what has been determined to be a Taylor Sand Formation. Lab results (shown below) have determined that this is "sweet" gas without measurable H2S content, which commands the highest price at market.
As earlier announced, wells in this area are best developed with hydraulic fracturing to obtain maximum production levels. This process was recommended in the In-Depth Bastrop County Report prior to commencement of operations, and will now be applied to bring the well on-line.
Relative Density from composition 0.6318 BTUs * 14.73 Saturated 970 BTUs * 14.73 Dry 987 Compressibility 0.99789
ADVERTISEMENT About Titan Oil and Gas, Inc. - Titan is an energy company engaged in oil and gas development, drilling and production. Titan follows a conservative business model, redeveloping oil and gas fields with a history of production, while expanding into exploration and development of new properties.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Oil and Gas, Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
Contact:
Contacts: Tital Oil and Gas, Inc. Investor Contact (503) 618-0370 or Toll Free: 1-888-601-9983 Email: info*titanoilandgas.com <mailto:info%40titanoilandgas.com> Website: http://www.titanoilandgas.com
Source: Titan Oil and Gas, Inc.
Posts: 11 | From: USA | Registered: Oct 2006
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posted
OK. We had a nice spike when the news came out about the completion of the phase two drilling project.
I'm watching the chart this next week (week of November 13th). If TNOG dips again to about .0028, I absolutely recommend buying the heck out of it.
We're seeing the chart play between about .0025 at the very lows and about .0045 with lots of room to move back to .012.
We have the winter season coming, and we also have the news about the final phase of the drilling project. I think buying again next week if it dips during intraday trading would be a profitable move.
JMHO.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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posted
Hey guys, I've been playing this stock for a long time. Before it was even tnog. I played it when it went from .0009 to .05+. I haven't been following it to closing for a while, but I'm not surprised in the dips and wont be surprised when/if it soars again. I do believe part of the problem is that they're slow with the info. I wasn't surprised at the bump or the dip. JMO I think it is a good time to buy and/or depending on the timing of the next PR, we may see an even lower dip. Personally, I'll buy some now and watch and also buy some later (depending on dip). Just my opinion, nothing more. I haven't looked at the charts lately.
Posts: 784 | From: washington, DC | Registered: Aug 2004
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All I know is the other two industry stocks I watch, AMHD and GSEG both spiked last week. I was hoping TNOG would follow suit. I'm still looking for the spike this week - especially after all that great press about the completion of phase two.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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posted
Hey JIF, I think alot of people are looking for the follow up pr, that states some production numbers. The problem is, if this follows tradition, it will take off and we'll all be chasing. Just from experience with this one, I expect a roller coaster until they put out some hard numbers
Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
Titan Oil and Gas, Inc.-Operations Update on Eberle # 1 Gas Well Market Wire - November 20, 2006 9:10 AM ET
Related Quotes Symbol Last Chg TNOG Trade 0.0034 0.00 Quotes delayed at least 15 minutes
Titan Oil and Gas, Inc. (TNOG: PK) is pleased to report that the rig at the Bastrop County site has been making excellent progress in preparing the Eberle # 1 well for hydraulic fracturing. Lab test results on gas samples from this well were posted in our previous news release on November 3,2006.
In the hydraulic fracturing process, sand will be forcibly injected into the formation at extremely high pressures, out to a radius which may extend up to 200 feet outward from the well. This process is designed to open up the fractures of the formation more fully for the highest potential volume of gas flow.
As part of this process, a cement bond test has been performed. This measures the adherence of the cement well casing to the formation surrounding it. With the extreme pressures at work in the hydraulic fracturing process, pressure could easily bleed off up and down the outside of the casing if it were not bonded tightly to the formation. It is important to focus the pressure directly on the zone which has tested for gas. In the Eberle # 1 well, this is at appx. 5,000 feet in depth, in what has been determined to be a Taylor Sand Formation.
We are pleased to report that the test verified a solid cement bond, with no need to utilize further specialized cement applications to isolate the target zone. The well is now prepared and ready for hydraulic fracturing, and the equipment has been ordered to the site to complete this process.
Along with our partners in this project, Houston-based Oasis Oil and Gas Corporation and San Antonio based Tejones Operating Corporation, we are eagerly looking forward to the results of this procedure, and will issue an update to our shareholders with news as it is available.
About Titan Oil and Gas. Inc. - Titan is an energy company with interests in oil and gas development, drilling and production. Titan follows a conservative business model, focusing on redevelopment of oil and gas fields with a history of production, and also, exploration and development of new properties.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Oil and Gas, Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
Contacts: Titan Oil and Gas, Inc. Investor Hotline (503) 618-0370 or Toll Free: 1-888-601-9983 Email: info*titanoilandgas.com Website: www.titanoilandgas.com
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