Allstocks.com's Bulletin Board Post A Reply
my profile login | register | search | faq | forum home

» Allstocks.com's Bulletin Board » .11 and Up! » **ABBY** Big bounce tomorrow » Post A Reply

Post A Reply
Login Name:
Password:
Message Icon: Icon 1     Icon 2     Icon 3     Icon 4     Icon 5     Icon 6     Icon 7    
Icon 8     Icon 9     Icon 10     Icon 11     Icon 12     Icon 13     Icon 14    
Message:

HTML is enabled.
UBB Code™ is enabled.

 

Instant Graemlins Instant UBB Code™
Smile   Frown   Embarrassed   Big Grin   Wink   Razz  
Cool   Roll Eyes   Mad   Eek!   Confused   BadOne  
Good Luck   More Crap   Wall Bang   Were Up   Were Down    
Insert URL Hyperlink - UBB Code™   Insert Email Address - UBB Code™
Bold - UBB Code™   Italics - UBB Code™
Quote - UBB Code™   Code Tag - UBB Code™
List Start - UBB Code™   List Item - UBB Code™
List End - UBB Code™   Image - UBB Code™

What is UBB Code™?
Options


Disable Graemlins in this post.


 


T O P I C     R E V I E W
Marketmonster1  - posted
ABBY- Big promo tomm. Came from .70 to .15. Should be easy double as its' within a mega bounce range.

The website for Abby, Inc. is: www.abbyenergy.com There is a fact sheet on the upper right corner of the home page. Additional information about our Nebraska property can be found at: http://abbyenergy.com/properties/richardson-county-nebraska-project/

Key points about Abby’s Nebraska oil field;

1. The company optioned the entire field; The property contains three sandstone pay zones, which are the same pay zones found on the Dawson oil field just two miles to the North and the McClain field a few miles to the South. The fault zones on the east and west edge of the field run north and south through Dawson and McClain fields. Only the highest paying sandstone zone, the St. Peter is as thick as 150 feet on Abby’s State Line Field. Far more than is found on the other two fields, which have pumped a combined total of more-than 5.5 million barrels. This makes the State Line Field potentially the highest recovery rate of the three fields.

2. The State Line Field (Abby’s) is 2100 acres, or six parcels and no other oil company can access its rich pay zones because Abby tied up the entire field. The field has a capacity for 30 oil wells, once fully developed. Plans call for two initial wells to be drilled in late January. Thereafter, Abby will be building out a total of 10 oil wells through equity financing.

3. Abby expects to recoup its costs for the initial 10 wells within 8 months. Thereafter, the remaining wells will be built out from cash flow. Abby believes that it will take an additional 11 months to build out the State Line field to 30 producing oil wells.

4. Prices paid (at the well head) are averaging $74 per barrel.

5. Each well costs approximately $500,000 to drill and complete. Abby is participating for 75% of the well production. Once Abby recovers its capital its ownership drops to 56.25%, still a majority owner.


Shares of Abby are trading near their historical low and hold the potential for substantial gain as news is released relating to its drilling schedule. An investing banking agreement is expected to be announced shortly. The funds are to be applied towards drilling the State Line Field.
 



Contact Us | Allstocks.com Message Board Home

© 1997 - 2013 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share