This still has a lot of steam left in it IMHO!
Posted by JoeMillion on :
Justplayin,
Looks like news is coming soon. imho
Pangea Petroleum Announces Successful Completion of Lavaca County, Texas, Well Wednesday February 23, 9:01 am ET
HOUSTON--(BUSINESS WIRE)--Feb. 23, 2005--Pangea Petroleum Corp. (OTCBB:PAPO - News) announced today the successful completion of the well in which the Company recently purchased a working interest, in Lavaca County, Texas. This well is a 3500' Frio well that was drilled in January. The well had an extended production test at pipeline conditions and produced at the rate of 260 mcf per day. The well is operated by Everest Resource Co. of Corpus Christi, and Pangea has a 2.0% working interest and a 1.5% net interest in the operation.
"This well will be connected to the pipeline and go on production in the next few weeks," notes Mark Weller, president of Pangea. "We are pleased to be able to make our second successful completion announcement at this early date in 2005."
Posted by justplayin on :
I love it that gas and oil is high right now and all the worries about supply and demand.
There is no telling where this might go Posted by JoeMillion on :
i wish i had some funds available right now...although i'm new to chart reading this looks sweet...macd is getting rediculous and it's not overbought yet...oil is at $56/barrell, all over the news...seems like that is the fuel, no pun intended, behind this fire...JMHO
Oil Rises to a Record on Concern Demand Is Outpacing Supply
March 17 (Bloomberg) -- Crude oil rose to a record $56.69 a barrel as a promise of increased output from OPEC failed to ease concern that demand for gasoline and other fuels is rising faster than supply.
The Organization of Petroleum Exporting Countries, which is already pumping near capacity, said yesterday's agreement to raise the group's output quota by 500,000 barrels a day won't immediately increase supply. U.S. gasoline prices rose to a record after the government reported stockpiles had their biggest decline since September.
``What the market is thinking is that demand is very strong and will continue to be strong,'' said Dennis Kongsiri, a risk manager at Concord Energy Pte, a Singapore-based crude-oil trading company. ``There's this expectation that we could run out of supplies in the future.''
Crude oil for April rose as much as 23 cents, or 0.4 percent, in after-hours electronic trading on the New York Mercantile Exchange to the highest intraday price since the contract was introduced in 1983. It was at $56.63 at 10:19 a.m. Singapore time.
Yesterday, the April contract rose $1.41, or 2.6 percent, to $56.46 a barrel, a record closing price.
Record-high prices turned PetroChina Co., the nation's biggest oil producer, into Asia's most profitable publicly traded company in the six months ended December, ahead of Toyota Motor Corp. Beijing-based PetroChina's net income rose to a record 102.9 billion yuan ($12.4 billion).
OPEC
OPEC will hold talks on another 500,000 barrels a day increase in the output quota starting from May 1, OPEC President Sheikh Ahmad Fahd al-Sabah told reporters in Isfahan, Iran, where the group met yesterday. Because members are already supplying more than planned, additional barrels may not come until May, he said.
``There is little OPEC can do to get more on the market,'' said John Kilduff, senior vice president of energy risk management with Fimat USA in New York. ``OPEC has ended up marginalizing themselves. The increase in quotas only highlights their lack of spare capacity.''
In New York yesterday, crude oil futures jumped more than $1.50 in 15 minutes after the Energy Department's weekly report showed U.S. gasoline supplies fell by 2.9 million barrels last week, almost three times the decline expected by analysts in a Bloomberg survey.
Gasoline supplies fell for a second week to 221.4 million barrels, the report showed. Supplies remained 9.4 percent higher than a year earlier.
`Gasoline Spooked Market'
``It was the gasoline number that spooked the market,'' said David Thurtell, commodity strategist at Commonwealth Bank of Australia in Sydney.
Gasoline for April delivery rose 4.1 cents, or 2.7 percent, to $1.5483 a gallon in New York, the highest closing price since the contract was introduced in 1984. It was at $1.5505 in after- hours trading.
U.S. crude-oil supplies gained 2.6 million barrels to 305.2 million last week, the highest since June, and 8.2 percent higher than a year earlier, according to Energy Department data. Analysts surveyed by Bloomberg forecast a 2 million barrel increase.
```U.S. crude supplies rose last week but with the growth of China there's going to be more competition for barrels in the months ahead,'' said Phil Flynn, vice president of risk management with Alaron Trading Corp. in Chicago. `We're worried about the high-demand period this summer and our ability to keep up with gasoline consumption.''
China's Demand
China's fuel use will rise 7.9 percent this year, or 500,000 barrels a day, to 6.88 million barrels a day, according to the Paris-based International Energy Agency. China is the second-biggest oil consumer after the U.S.
Global supply is sufficient to boost inventories now, Saudi Oil Minister Ali al-Naimi said yesterday in Isfahan.
``When we project into the fourth quarter, we see a substantial rise between the third quarter and the fourth,'' he said. ``We believe additional crude is needed. How much, we don't know.''
OPEC pumped 29.85 million barrels of oil a day in February, according to a Bloomberg survey of oil companies, producers and analysts. The 10 members with quotas, all except Iraq, have a production ceiling of 27 million barrels a day and exceeded that by almost a million barrels last month.
``Traders know that there is very little ability for a big increase'' in OPEC's output, Tom James, managing partner in London of energy and commodity consultant Global Risk Partners, said in an e-mail. ``This year we're not looking to see any major drop in oil demand.''
IEA
The International Energy Agency, an adviser on energy policy to 26 industrialized nations, forecast in a report last week that oil consumption will climb by 1.81 million barrels, or 2.2 percent, to 84.3 million barrels a day this year. It was 330,000 barrels more than the agency forecast last month.
Prices rose in 1974 after an oil embargo that followed the Arab-Israeli war and from 1979 through 1981 after Iran cut oil exports. The average cost of oil used by U.S. refiners was $35.24 a barrel in 1981, according to the Energy Department, or $75.71 in today's dollars.
To contact the reporter on this story: Sri Jegarajah in Singapore at sjegarajah@bloomberg.net. Gavin Evans in Wellington, New Zealand at gavinevans@bloomberg.net
To contact the editor responsible for this story: Reinie Booysen at rbooysen@bloomberg.net
Last Updated: March 16, 2005 21:27 EST
Posted by JoeMillion on :
Justplayin, Im gonna get more papo at the open.
Associated Press Oil Futures Prices Leap Above $57 a Barrel Thursday March 17, 7:17 am ET By Beth Gardiner, Associated Press Writer Oil Futures Prices Surge Above $57 a Barrel After OPEC's Output Pledge Fails to Assure Traders
JMHO - Easy Double Play!!
Posted by justplayin on :
MM's trying to hold it down - HaHaHa
Look at the volume that brought the price down, what a joke!!
Also, notice the spread of bid/ask when she is running, it's big. They so bad want to hold it down. HaHaHa
Posted by JoeMillion on :
Oil prices are only going up people! Im buying all I can at these levels!~
Oil going to $100
glta
Joe
Posted by bill1352 on :
i'm in too...looksd like .03 is the barrier today
Posted by justplayin on :
.03, what a bummer Posted by JoeMillion on :
lol justplayin,
Love ya man!!!!!!!!!
By the way this is trading papo may hit over .04+ today. imho
Oil going to $100. imho
Joe
Posted by justplayin on :
Joe, I hope this makes you as much $$$ as MSEP has made me.
It's all about helping eachother.
GLTA
Posted by jordanreed on :
im stickin around for awhile. i think she'll go over .03 today
Posted by justplayin on :
I would think that it will go over .03 after the lunch lull. JMHO
Posted by JoeMillion on :
Thanks Just,
PAPO looks huge!
Joe
Posted by jordanreed on :
how bout now instead?
Posted by justplayin on :
K
I need to change my sell order. I had it in this morning for 1/3 of my shares at .04. I think that may be too low.
Posted by JoeMillion on :
hahahha Just,
We have a winner here! Oil prices continue to climb as we speak.
glta
Joe
Posted by justplayin on :
Be careful, the mm's are going to use the head fake all week on us.
As gas & oil continue to rise, so will we Posted by JoeMillion on :
Business - AP AP Oil Prices Soar Above $57 on Supply Fears
1 hour, 4 minutes ago
Add to My Yahoo! Business - AP
By BETH GARDINER, Associated Press Writer
LONDON - Crude oil futures prices soared above $57 a barrel for the first time Thursday after OPEC (news - web sites)'s pledge to increase output failed to assure traders who were worried about tight supply.
after lunch should see a nice push
Posted by stnkng1 on :
what does everyone think this could run to today or is it done. i was hoping for .035
Posted by justplayin on :
I think it will close above .03 and we could easily see above .035 intraday trading today. JMHO
Posted by JoeMillion on :
Im buying at these levels. Its a no brainer here. Say bye bye to the short term profit takers. They will be back at much higher price.
Oil is climbing to new records.
glta
Holding long and strong
Joe
Posted by stnkng1 on :
so this may someday hit .05 or now am i getting crazy
Posted by pagal on :
agian runn
Posted by jordanreed on :
quote:Originally posted by stnkng1: so this may someday hit .05 or now am i getting crazy
you are not crazy
Posted by justplayin on :
Not crazy, a bit unstable, but definately not crazy ;)LOL
I don't think .05 is out of the question if the buying pressure continues.
Some companies run for a couple days, some for a couple weeks.
We will get alot of free advertising when the news reports all the oil prices and people panic.
GLTA
Posted by JoeMillion on :
PAPO is setting up for a huge play! imho
Look at the big buys coming in.
Joe
Posted by justplayin on :
Pangea Petroleum Corporation is predominately an independent oil and natural gas company, but also has interests in other business areas that have the potential of enhancing shareholder value. These areas include the joint ownership with Paradigm Advanced Technologies of an Internet Business and other non-related equity ownership.
Rochester, NY, Mar 17, 2005 (M2 PRESSWIRE via COMTEX) -- OTCStockExchange.coms "Mid-Day Stock Watch Alert" this afternoon are Power2Ship, Inc. (OTCBB: PWRI), Dixon Oil and Gas Inc. (Pink Sheets: DXNL), Pangea Petroleum Corp. (OTCBB: PAPO), Titan Oil and Gas, Inc. (Pink Sheets: TNOG).
Pangea Petroleum Corp. announced the successful completion of the well in which the Company recently purchased a working interest, in Lavaca County, Texas. This well is a 3500' Frio well that was drilled in January. The well had an extended production test at pipeline conditions and produced at the rate of 260 mcf per day. The well is operated by Everest Resource Co. of Corpus Christi, and Pangea has a 2.0% working interest and a 1.5% net interest in the operation.
"This well will be connected to the pipeline and go on production in the next few weeks," notes Mark Weller, president of Pangea. "We are pleased to be able to make our second successful completion announcement at this early date in 2005."
Posted by JoeMillion on :
Feel sorry for the flipperS. lol
They will miss the papo oil run.
glta
Joe
Posted by justplayin on :
MM's trying to shake it again
Why won't they let it go on its natural course??
Oh well, with buying pressure they can't hold it down long Posted by pagal on :
No one buying papo. Stuck
bid is .29 but trading @.28
Posted by justplayin on :
Check your streamer, mine is showing different.
Posted by JoeMillion on :
PAPO has some upside MO MO going. Upticking!
glta
Joe
Posted by JoeMillion on :
Justplayin,
PAPO looks so fine.....lol
glta
Joe
Posted by justplayin on :
No selling
Setting up nicely for the days end and a gapper in the am.
glta
GO PAPO!
Posted by JoeMillion on :
Yep yep!
Run to the close! BABY!
Joe
Posted by JoeMillion on :
Nice 66.66% gain today!
Joe
Posted by justplayin on :
Is that all
How much is it up in the past 3 days??
Gapper in the am?????
WaaaHooooooo............
Posted by JoeMillion on :
hahhahhhaha
Very funny!
For the past 3 days over 200%! Wow! Posted by justplayin on :
Let's see where they put their orders in for the am.
GLTA
Posted by j160e on :
Another great call Joe! Picked some up early this morning and was able to grab some more just before the close. I did very well with MSEP so thanks again for that one! GLTA!
quote:Originally posted by JoeMillion: Nice 66.66% gain today!
Joe
Posted by m4 on :
thanks for the pick. i'm in. Posted by marcinek on :
Is it too late to get in? It's up 300% since 3/14, but the volume still looks hot. What you think?
Posted by forfun on :
Watch the level II. If there is buying pressure the top has not been realized. If the pressure indicates sells, the run will be over. Watch closely as the mm's may try to make it look like selling pressure with small share trades.
It has the potential to see .05 in the next couple of days if the buying continues. IMHO
Posted by JoeMillion on :
Justplayin,
Check out IBCS for tommorrow. imho
always do your dd
glta
Joe
Posted by JoeMillion on :
papo is upticking!
Joe
Posted by justplayin on :
MM's walking it down before the pop!
Posted by renrob05 on :
justplaying... What's a good entry point?
Posted by stockaholic on :
This is dropping like a brick. Any reason to think it will recover?
Posted by justplayin on :
Now!! .026-.029
The mm's are letting this one fall. Notice that the pps has dropped with LITTLE volume.
If buying starts and we have volume, IMHO we could see .04 today.
Notice the 500 shares at 09:30:10, MM signal!!
Posted by JoeMillion on :
Ask and bid is holding. Papo just need volume.
Joe
Posted by justplayin on :
MM's not ready to let this go.
Ask/Bid spread .005 and little selling pressure, just mm games.
Posted by Vinny on :
I think the mm's will let this run to at least .04 by lunch time then it will slowly come down again. IMHO
Posted by justplayin on :
5000 trades bring us down - What the Fu*k is up with that!!
Posted by JoeMillion on :
Friday sell off?
Joe
Posted by justplayin on :
MM games IMO. Look at the volume trades??
Posted by Vinny on :
I bought 14,800 shares...those jerks show it as a sell....bunch of scammers
Posted by Vinny on :
Has anyone else bought PAPO today and it showed up as a sell on Level II?? TIA
Posted by JoeMillion on :
We got an uptick!
bottom?
Joe
Posted by renrob05 on :
trying to buy right now. They won't fill me.
Posted by justplayin on :
The mm's need the shares not part with them.
Posted by JoeMillion on :
Ask back up to .027
Posted by JoeMillion on :
Why do people sell at market order? MM will always rape you!
Joe
Posted by Vinny on :
This baby is primed for a break-out!!!! Get on now and let's ride this train...woo hoo
Posted by renrob05 on :
got in at 0.024
Posted by Vinny on :
Can we hit the high of the day again??
Posted by justplayin on :
Only if the mm's let us have volume. Keeping the spread large will keep most volume away. MM's like to play stocks with volume only, that is where their money is.
Be patient, we will move..
Posted by renrob05 on :
What price did you get in Justplaying?
Posted by justplayin on :
.0075 and still holding!!
I posted this 3 weeks prior to the pop.
I liked tha O/S was low and mgt. holds almost 1/2.
They are EXTREMLY low risk as they take only a small ownership in claims and are almost debt free.
Also, as I studied this, the pps moved quite easily with low volume and BIG with high volume.
I suspect that Joe might be right, Friday sellers on a great daytradin oil play and strong hands on the rest.
GLTA
Posted by renrob05 on :
Still think we're going up?
Posted by bill1352 on :
its friday..mm's hate working on friday & most traders dump anything they held. it still might move if not with oil prices as they are & expected to go up monday should be good. at least thats my hope...lol
Posted by JoeMillion on :
Justplay is da man!
I got in at .014.
Joe
Posted by justplayin on :
Yep, that is why I am still holding.
Look at all the volume the past couple days. Look at the volume yesterday & today.
Posted by justplayin on :
12:58:54 PM Ask 0.025 5000 12:56:58 PM Bid 0.022 5000 12:56:56 PM Trade 0.023 5000 12:56:56 PM Trade 0.023 50000 12:56:52 PM Trade 0.023 85000 12:46:30 PM Ask 0.024 5000 12:34:00 PM Ask 0.025 5000 12:34:00 PM Bid 0.023 5000 12:34:00 PM Trade 0.025 25000 12:33:50 PM Ask 0.026 5000 12:29:30 PM Bid 0.025 5000 12:19:04 PM Trade 0.023 5000 12:13:48 PM Trade 0.023 10000 12:13:36 PM Ask 0.027 5000 12:13:02 PM Ask 0.024 5000 12:13:00 PM Ask 0.027 5000 12:12:20 PM Ask 0.025 5000 12:07:58 PM Ask 0.027 5000 12:07:04 PM Ask 0.025 5000 12:07:04 PM Ask 0.027 5000 12:05:30 PM Ask 0.026 5000 12:01:16 PM Ask 0.027 5000 11:59:40 AM Ask 0.025 5000 11:59:38 AM Ask 0.027 5000 11:58:32 AM Trade 0.024 7500 11:56:30 AM Trade 0.024 18500 11:56:20 AM Bid 0.023 5000 11:56:20 AM Ask 0.024 5000 11:56:20 AM Bid 0.022 5000 11:56:20 AM Bid 0.025 5000 11:56:20 AM Trade 0.024 1000 11:56:20 AM Trade 0.024 36500 11:55:22 AM Ask 0.027 5000 11:54:50 AM Ask 0.026 5000 11:52:36 AM Trade 0.024 50000 11:48:58 AM Trade 0.024 20000 11:48:32 AM Ask 0.027 5000 11:48:18 AM Trade 0.024 5000 11:46:36 AM Trade 0.025 19000 11:40:10 AM Trade 0.024 25000 11:36:56 AM Trade 0.025 5000 11:35:28 AM Ask 0.025 5000 11:27:02 AM Trade 0.025 5000 11:26:56 AM Trade 0.0255 88000 11:26:56 AM Trade 0.027 100000 11:26:38 AM Ask 0.027 5000 11:26:38 AM Trade 0.025 5000 11:24:42 AM Bid 0.024 5000 11:23:16 AM Bid 0.022 5000 11:21:18 AM Bid 0.023 5000
Look at all the 5k share trades. Who would buy and/or sell for a total of $100-$125? The commission of the sale would 10%.
This without a doubt is manipulation IMHO.
GLTA
Posted by trgamma2 on :
wonder where this will go next week?
Posted by justplayin on :
If oil continues to go up and the co puts out pr about well productivity, it could be HUGE Posted by Vinny on :
Let's hope we have a mini run towards the close.
Posted by samsam on :
Im just thinking of buying some so chances are it will start to tank. Then if i do buy some chances are it will go dry.
Posted by JoeMillion on :
Wow! This is tough to watch. :-(
Joe
Posted by renrob05 on :
Bid higher 0.025. It will close around 0.027.
Posted by justplayin on :
Everything in pennyland is down. Well, almost everything.
samsam, I think I will just pay you to stay out of PAPO. That way we both win Posted by JoeMillion on :
I hope your right. My love life depends on it. lol jk
Joe
Posted by justplayin on :
Joe, now I know why you invested in "oil" Posted by trgamma2 on :
The 5k share sales dont have to mean its manipulation. somebody may just be buying in smaller portion to get a lower average cost Posted by justplayin on :
I would suggest to them that this is not very wise. The stock would have to go up 20% just to break out even if the trade costs $10 each way. That isn't the best way to lower your costs IMHO.
Also, check out time & sales reports.
Trades = MM trades between themselves Bid = Buys Ask = Sells
Most of the volume today is "trades" and you will notice that at most "trades" it moves the pps one way or the other.
GLTA
Posted by trgamma2 on :
interesting.. glad I waited around for today's low before increasing position
Posted by justplayin on :
You got it, Buy low and sell HIGH Posted by renrob05 on :
Price is going up. We're gonna have a decent close.
Posted by Vinny on :
Come on guys, let's buy about 15000 shares each on the ask and see if we can move this puppy up...lol
Posted by m4 on :
quote:Originally posted by samsam: Im just thinking of buying some so chances are it will start to tank. Then if i do buy some chances are it will go dry.
haha, i believe me and you are in the same boat. i'm in at .028 (yesterday at close). i'll be happy if i get out w/ $100 more, after taxes and commission. Posted by JoeMillion on :
justplayin lol,
thank you thank you papo!!!
Joe
Posted by samsam on :
justplayin i bought at .022 and its at .026. Let me tell whats going to happen now. I will watch this baby climb to new highs and at that point instead of selling i will hold until it gets back down to when i bought it. Ive learned alot in the past few weeks (MSEP) and this time im selling if i get to 50%
Posted by samsam on :
But im still big on msep and believe it will go back up in time.
Posted by justplayin on :
I have a plan that works out quite well. I buy my shares and sell 1/2 when it hits 100% gains. When that happens I sit on shares with only the cost of commission and taxes.
Note: I ONLY DO THIS WITH THE STOCKS I DON'T PLAN ON HOLING LONG.
I plan on holding PAPO and MSEP long as I have done alot of DD and believe in both of these investments.
So far, I own 18 different pennies that have cost me only commission and taxes
And, I have not missed the 100% gain on any of my pennies. You just have to hold, even if it takes a couple years and there is no R/S.
GLTA
Posted by bill1352 on :
i'd say PAPO has another run coming early in the week. oil prices still rising, closing on an up note friday, the way it was held in check by mm's friday. i'd say 5 oil stocks could be good plays monday, tuesday, PAPO, AKOL, OMOG, AIPN & TNOG. whichever start running could do well. if any of them add news as in pumping oil amounts or new well on line a serious run is possible.
Posted by justplayin on :
Look at all the up arrows Posted by realityinc21 on :
imho--overbought now
look for good entry when adjustment is made
Posted by Vinny on :
I hope this breaks .03 today!!
Posted by GVMOORE on :
PAPO 2% working and 1.55% net in one well. I may be wrong but I like AMEP.
Posted by justplayin on :
That is the beauty of the whole thing. They have little risk!! Mostly just upside Posted by Vinny on :
This is falling quickly...I may just average down and wait for the next run.
Posted by stockaholic on :
20 oil stocks kickin' ass and I pick PAPO. LOL! Why is this tanking so bad with oil at these prices?
Posted by Vinny on :
GO PAPO!!!
Posted by Vinny on :
This baby is running now!! Ask is up to .024 and climbing
Posted by justplayin on :
Vinny, as stated before, this moves pretty easily. Both up and down!!
Go baby Go!
Posted by justplayin on :
Bid/Ask getting tight!
Are the mm's going to let this take it's natural course again Posted by Vinny on :
I'm hoping this thing runs a bit this afternoon....GO PAPO!!!!!!!!!
Posted by Vinny on :
Anyone buying today?? eom
Posted by justplayin on :
Just holding and watching here!
Posted by justplayin on :
She is moving on low volume again!
Is this the next run???? With volume, it will be!
JMHO & GLTA
Posted by tbearden on :
I bought this one after the last increase. This is the first increase again. However the company hasn't had any news for a while. It would probably continue to increase if the had an announcement.
Posted by justplayin on :
With oil hanging high and insiders owning a majority of the shares.......
If oil stays high and winter demand is strong, this could get noticed and run pretty good (IMHO)
Posted by doling2005 on :
There is another thread on this stock. Looks like it's going to move. Low float too
Posted by bullish_pennystocks on :
volume surging..undervalued with an EPS of 1 cent/share..float only 70m..
10-15 cents
Posted by justplayin on :
Yea, but the other thread is new and doesn't have as much dd as this one.
As soon as the volume goes up, so will the pps (fast) Posted by bullish_pennystocks on :
MM'S cannot hold this too long
Posted by renrob05 on :
Also insider buys... do some dd. At 0.011 this is a bargain. Compare this with AMEP which has a pps of 0.018...and AMEP is losing money
Posted by renrob05 on :
One buy and MM moved...doesn't take much to move. Try buying in between bid and ask
Posted by renrob05 on :
PAPO cheap right now...get some tight spread
Posted by doling2005 on :
PAPO the next big oil play?
Posted by bullish_pennystocks on :
WILL start running soon to 10-12c..efcr ran to 12c today losing money..papo makes 1c/share
Posted by renrob05 on :
Tight spread gonna go
Posted by doling2005 on :
Good close, tomorrow should be good. Higher highs and starting to get recognition!
Posted by bullish_pennystocks on :
WILL make a move like ARET yesterday
Posted by bullish_pennystocks on :
1 AT ASK AT .01..good buying oppty..news may carry this like EFCR..
Posted by renrob05 on :
People...just do some DD on this one.You'll be happy with what you read. 0.012 is a bargain!!!!!!
Posted by renrob05 on :
Close spread right now
Posted by renrob05 on :
insider buying JULY 11TH
PANGEA PETROLEUM CORP: 4, Sub-Doc 1 BACK PRINT THIS PAGE CLOSE WINDOW FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2008 Estimated average burden hours per response 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). 1. Name and Address of Reporting Person*POLLOCK CHARLES B
-------------------------------------------------------------------------------- (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol PANGEA PETROLEUM CORP [PAPO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)X Director 10% Owner X Officer (give title below) Other (specify below) CEO
3. Date of Earliest Transaction (Month/Day/Year) 07/11/2005 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)X Form filed by One Reporting Person Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 07/11/2005 A 300,000 A $ 0.01 37,755,721 D Common Stock 24,056,943 I Spouse
Posted by renrob05 on :
Here's another insider buy on JULY 11th
PANGEA PETROLEUM CORP: 4, Sub-Doc 1 BACK PRINT THIS PAGE CLOSE WINDOW FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2008 Estimated average burden hours per response 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). 1. Name and Address of Reporting Person*WELLER MARK F
-------------------------------------------------------------------------------- (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol PANGEA PETROLEUM CORP [PAPO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)X Director 10% Owner X Officer (give title below) Other (specify below) President
3. Date of Earliest Transaction (Month/Day/Year) 07/11/2005 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)X Form filed by One Reporting Person Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 07/11/2005 A 300,000 A $ 0.01 33,059,010 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature
Posted by MO on :
PAPO seems to be just down the street from me,Can't get by until tuesday. think I should bother to check them out?See what kind of furniture they have or what they are eating for lunch?empty the trash for them?Watcha thinks?
Posted by MO on :
alittle talk on other boards about PAPO
Posted by Mav on :
PAPO, I have seen this many times ....UHHH.
Posted by renrob05 on :
tight spread very good entry point
Posted by justplayin on :
Shareholders meeting today!!! COMPANY IS GOING TO MORE THAN DOUBLE THE A/S AND PAYS EXECUTIVES WITH STOCK INSTEAD OF SALARY.
PANGEA PETROLEUM CORPORATION 9801 WESTHEIMER, SUITE 302 HOUSTON, TEXAS 77042
NOTICE OF ANNUAL STOCKHOLDER MEETING TO BE HELD ON JULY 20, 2005
NOTICE IS HEREBY GIVEN that an Annual Stockholder Meeting ("Stockholder Meeting") of Pangea Petroleum Corporation ("Pangea" or the "Corporation"), a Colorado Corporation, will be held at the Company's corporate offices located at 9801 Westheimer, Suite 302, Houston, Texas 77042, on the 20th day of July, 2005 at 2:00PM, for the following purposes:
1. To elect three directors to serve for a one year term or until their successors have been duly elected and qualified;
2. To ratify the appointment of Ham, Langston & Brezina, L.L.P. as the independent auditor of the Corporation for the year ending December 31, 2005;
3. To approve an amendment to the Articles of Incorporation to increase the number of authorized shares of the Corporation's stock from 210,000,000 to 510,000,000;
4. To approve the 2005 Equity Compensation Plan;
5. To transact such further and other business as may properly come before the meeting or any adjournment thereof.
Only stockholders of record at the close of business on June 1, 2005 will be entitled to notice of and to vote at the Stockholder Meeting or any adjournment thereof.
You are cordially invited to attend the Stockholder Meeting and YOUR VOTE IS VERY IMPORTANT. Whether or not you plan to attend the Stockholder Meeting, it is important that your shares be represented. Therefore, we urge you to sign, date and promptly return the enclosed proxy. Your cooperation in signing and returning the proxy will help avoid further solicitation expense.
BY ORDER OF THE BOARD OF DIRECTORS
CHARLES B. POLLOCK CHAIRMAN OF THE BOARD AND CHIEF EXECUTIVE OFFICER
JUNE 14, 2005 HOUSTON, TEXAS
Posted by doling2005 on :
PAPO is heading up today. Oil stock with a PE of 1
Posted by renrob05 on :
![[Big Grin]](biggrin.gif)
![[Wink]](wink.gif)
![[Eek!]](eek.gif)
![[Roll Eyes]](rolleyes.gif)
![[Smile]](smile.gif)