Premier Energy Corp. Proposes Purchase of Texas Oil and Gas Producing Property Monday October 27, 4:32 pm ET
NEW YORK, Oct. 27 /PRNewswire-FirstCall/ -- Premier Energy Corp. (OTC Bulletin Board: PNRC; Frankfurt) announced today that it has initiated the process to acquire a major property in Texas with substantial oil and gas production and reserves as well as other operating business interests. The property is in excess of 400,000 contiguous acres encompassing a number of Texas counties. Its oil and gas production has produced 150,000,000+ barrels of oil since its initial production. The property is currently producing 35,000+ barrels per month. At one time, production was upwards of 300,000 barrels per month, and management believes that by reworking old wells with today's new technology, this production could again be attained. This does not include potential production from new wells.
The purchase price for this property is between $400,000,000 and $500,000,000 and will require an additional $100,000,000 for working capital and to finance a major drilling and development program. Premier Energy Corp. is working with major U.S. financial institutions to finance this acquisition. There are no assurances that this transaction will be completed.
Posted by aktienking on :
Posted by aktienking on :
Posted by aktienking on :
1.05 rt
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I saw 1.07
we close strong!
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smallcapvoice:
----------------------------- Hot Stocks To Watch -----------------------------
Company: Premier Energy Corp. (OTCBB: PNRC)
Posted by aktienking on :
1.08
Posted by aktienking on :
over 350000 shares today to prices over $1
Posted by aktienking on :
1.07 at the end for today
Posted by aktienking on :
SectorWatch.biz Issues MarketStats on Oil and Gas Companies PNRC, BP, CETG, CVX, XOM, and COP
IRVINE, Calif., Oct. 28 /PRNewswire/ -- SectorWatch.biz announces the availability of MarketStats for Oil and Gas equities in the news and driving markets today. MarketStats offers a perspective on the aforementioned equities and the opportunity for investors to respond with articles, ****s and opinions.
Investors can view MarketStats by visiting: http://www.SectorWatch.biz -- a division of FiSpace.net, a dynamic social networking site for investors.
Today's MarketStats for Oil & Gas companies include Premier Energy Corp. (OTC Bulletin Board: PNRC), BP plc (NYSE: BP), Capital City Energy Group Inc. (OTC Bulletin Board: CETG), Chevron Corporation (NYSE: CVX), Exxon Mobil Corp. (NYSE: XOM), and ConocoPhillips (NYSE: COP).
Posted by aktienking on :
1.10 today?
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good morning!!!
Posted by aktienking on :
look, what I have found:
It was from oilstockadvisor...
Premier Energy Corp. is (PNRC) focused on the conduct of oil and gas exploration and production activities. PNRC is seeking to create value through a balance of drilling activities, exploration and acquisitions of assets and companies. PNRC will seek to locate and develop natural oil and gas reserves and extract these reserves while maintaining economical production and administrative costs.
Das war der Werbeinhalt (etwas heftig und ohne Grundinhalte, aber das war es...):
OIL & GAS Stock ADVISORY Strong Buy Signal: Premier Energy Corp (PNRC) 4th week - October 2008
Global Stampede for Oil & Gas Is Only One Reason Early Investors Stand to Make a Fortune with Premier Energy Corp.
Premier Energy Corp (PNRC) is set to soar! Your $10,000 investment could mushroom to $36,000 in a matter of weeks... to over $90,000 by end of 2009.
Buy this one today! 300% burst could be coming within weeks!
Investors,
If you've never heard of Premier Energy Corp, and most investors haven't, then you're in for a delightful surprise that could make you rich.
A $10,000 investment in Premier Energy Corp (PNRC) today could easily be worth in excess of $90,000 by end of 2009. But you must buy shares now, while prices are low and you can easily amass a significant number of shares. The reserves are there! It's NOT an early stage exploration company that you hear about, this one is actually PRODUCING with exponential growth.
Buy Premier Energy Corp (PNRC) right now. Share price could well spike in a few days and keep on streaking upwards, past the clouds and into that rarified air millionaire investors get to breath. Here's why...
We are not saying that Premier Energy Corp could, would, or will generate revenues, we are saying It already DOES!!!
Please compare THIS oil & gas company with other oil & gas companies, look at their valuations and stock price, you will see why Premier Energy Corp is so undervalued for the amount of revenues it produces... and why it's a great time to get in early.
Invest just $10,000 today and you can pick up about 12,500 shares. In a few weeks, your $10,000 could balloon into well over $36,000... $15,000 grows to $58,000.
Once the stock hits $1.88, there will still be room to buy for profit. But the early investors stand to make the most money.
The independent reserve auditors DeGolyer and MacNaughton ("D & M") have completed their annual review Primary Natural Resources oil and natural gas reserves as of 30 September 2007 showing Net Proven Reserves for Oil and Condensate at 7,617 (MBO); for NGL at 4,502 (MBO; for Gas at 77,201 (MMCF)
While the price of oil has zoomed in the last 10 years from $25 a barrel to over $140, Premier Energy Corp's average cost to refine oil is $18 a barrel. This means that anything above $18 a barrel is PROFIT for the company. Even if oil trades at $80, $70, $60, or even unimaginably $50, Premier Energy Corp still PROFITS! Virtually no one foresees a return to the $20 oil of a decade ago, meaning consumers should brace for an era of significantly higher fuel costs.
Demand from China and India alone is expected to double in the next two decades as their economies continue to expand, with people there buying more cars and moving to cities to seek a way of life long taken for granted in the West.
More realistically, global demand is expected to rise to about 115 million barrels a day by 2030, a level that is likely to tax the world's ability to pump more oil out of the ground. Already, the world is running on a limited cushion of spare capacity; any interruption in supplies, whether from hurricanes or armed conflict, causes prices to spike.
"We don't know how deep of a recession we're going to have," said Gavin Wendt, head of mining and resources research at consultancy Fat Prophets in Sydney.. "But even in a dire economic situation, a lot of energy use isn't discretionary, so I expect prices to bounce back at some point."
Oil profits will be sustained by:
* Inflation fears (the Fed keeps telling us its top priority is controlling inflation) * Decline in the value of paper currencies (steadily weakening dollar) * Overload of debt in America * Sub-prime mortgage disaster * Gold prices
Every barrel of oil that comes from Premier Energy Corp (PNRC) will be gobbled up at top dollar for years to come. This is virtually guaranteed!
(PNRC) - News Alert
By the time the buying-frenzy drives up Premier Energy Corp (PNRC) - YOU will have made your fortune as a seed-level investor below $3.00 per share
Your best play right now: Buy Premier Energy Corp.
Do not miss out on this raging opportunity. Buy shares of Premier Energy Corp (PNRC) today.
Share price is still under $1. But astute investors will keep buying PNRC up to $3.00. And even these late buyers could make fortunes. By buying PNRC now, you give yourself the potential to make the biggest profit of your lifetime. Remember, you are not buying just an oil and gas exploration company, YOU are buying a PRODUCING company! The company's SEC filings speak for themselves Our conservatively projected share price in the next 2 months is $3.60; turning a $10,000 investment today into $36,000 by the end of 2008.
Strongest management leadership
World-class management team led by Anton Prodanovic, PhD, has wide, diverse experience in the energy industry -- and proven leadership skills in new business development in frontier areas.
Dr. Prodanovic had a 16-year career at Mobil Corporation in many positions including president of PegaStar Neftegaz LLC, Mobil-Texaco-Rosneft Joint Operating Co. in Dallas, Moscow and Sakhalin.
Dr. Prodanovic is looking forward to guiding Premier Energy in its quest to acquire oil and gas properties in both the United States and Europe.
Posted by aktienking on :
Small Cap Daily
------------------------------------- Yesterdays Top Performers -------------------------------------
Premier Energy Corp. Proposes Purchase of Texas Oil and Gas Producing Property and PetroChina Posts 30% Rise in Quarterly Net income
--(www.USEquityNews.com)-- 10/29/2008 - Oil and Gas Exploration industry alert provided by U.S. Equity News. Premier Energy Corp. (OTCBB: PNRC) announced today that it has initiated the process to acquire a major property in Texas with substantial oil and gas production and reserves as well as other operating business interests. The property is in excess of 400,000 contiguous acres encompassing a number of Texas counties. Its oil and gas production has produced 150,000,000+ barrels of oil since its initial production. The property is currently producing 35,000+ barrels per month. At one time, production was upwards of 300,000 barrels per month, and management believes that by reworking old wells with today's new technology, this production could again be attained. This does not include potential production from new wells.
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Posted by aktienking on :
details about the last news are coming soon I think so...
Posted by aktienking on :
good prices to buy!
Posted by aktienking on :
last for today 1.01
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who has other information about pnrc?
Posted by aktienking on :
scottrade...
PNRC is trading above its 13 day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock.
Posted by aktienking on :
Premier Energy Announces Intention to Purchase Substantial Oil and Gas Production, Article Posted on BeaconEquity.com
Oct 30, 2008 (BAYSTREET NEWSWIRE via COMTEX) -- DALLAS, Texas - BeaconEquity.com announces the publication of "Premier Energy Announces Intention to Purchase Substantial Oil and Gas Production."
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m - Click Beacon ****s then Commentary
In the article the author writes:
"Premier Energy Corp. (OTCBB: PNRC) today announced that it intends to purchase substantial property in Texas, with 400,000 contiguous acres of significant oil and gas production and reserves spanning a number of counties. Production on this property has totaled more than 150 million barrels during its production history."
Premier Energy's hiring of new CEO causes shift to the attention of new areas of oil and gas exploration and production:
"On October 23, Premier Energy Corp. provided guidance to investors that the company was altering its focus to new areas of oil and gas exploration and production following the hiring of its new CEO, Dr. Anton Prodanovic. Prodanovic has held senior management positions at Mobile Corp. and Exxon Production Research Company, a division of Exxon Corp."
To read the entire article visit http://www.beaconequity.com/m - Click on News and Commentary
Posted by aktienking on :
Premier Energy Corp. Provides Guidance on Current Business Focus Thursday October 23, 12:59 pm ET
New CEO to lead efforts in energy area
NEW YORK, Oct. 23 /PRNewswire-FirstCall/ -- Premier Energy Corp. (OTC Bulletin Board: PNRC and Frankfurt Stock Exchange) today provided guidance on its current business focus following the hiring last week of Dr. Anton Prodanovic as its Chief Executive Officer. Premier's previous activities have been discontinued, and we have determined to focus our efforts in a new area concentrating on activities in the area of oil and gas exploration and production.
One of the first steps in this new direction includes the previously announced October 16, 2008 hiring of Dr. Anton Prodanovic as our Chief Executive Officer. Dr. Prodanovic previously held positions in senior management at Mobil Corporation and Exxon Production Research Co., a division of Exxon Corporation. He has significant professional experience in the evaluation, planning, permitting, contracting, construction and management of various energy projects.
Our efforts will now be focused on the conduct of oil and gas exploration and production activities. We are seeking to create value through a balance of drilling activities, exploration and acquisitions of assets and companies. We will seek to locate and develop natural oil and gas reserves and extract these reserves while maintaining economical production and administrative costs.
Posted by aktienking on :
Premier Energy Corp. Proposes Purchase of Texas Oil and Gas Producing Property Monday October 27, 4:32 pm ET
NEW YORK, Oct. 27 /PRNewswire-FirstCall/ -- Premier Energy Corp. (OTC Bulletin Board: PNRC; Frankfurt) announced today that it has initiated the process to acquire a major property in Texas with substantial oil and gas production and reserves as well as other operating business interests. The property is in excess of 400,000 contiguous acres encompassing a number of Texas counties. Its oil and gas production has produced 150,000,000+ barrels of oil since its initial production. The property is currently producing 35,000+ barrels per month. At one time, production was upwards of 300,000 barrels per month, and management believes that by reworking old wells with today's new technology, this production could again be attained. This does not include potential production from new wells.
The purchase price for this property is between $400,000,000 and $500,000,000 and will require an additional $100,000,000 for working capital and to finance a major drilling and development program. Premier Energy Corp. is working with major U.S. financial institutions to finance this acquisition. There are no assurances that this transaction will be completed.
Posted by aktienking on :