posted
someone else posted this but i couldnt find where... even thought its a pink i bought in today. has been consolidating with a lot of buys in the .23/24 range and no sells.
VANCOUVER, Nov. 29 /PRNewswire-FirstCall/ - Emerson Oil and Gas Inc. is pleased to announce that it has signed a letter of intent to earn 50% working interest in the Rinsland well and Lease in Bossier Parish Louisiana. The Rinsland well is located within a half of a mile of the W.T .Davis well, which is currently set for production. Emerson Oil and Gas will pay $250,000 USD to earn this interest in the Rinsland well and lease. Dave Harker President and CEO stated "We are very pleased to date with the current negotiations and expect to sign a formal agreement in the very near future"
Emerson's North-West Louisiana drilling efforts follow closely to its philosophy of high-potential low risk re-entry projects in developed fields. By maintaining this conservative, but revenue driven philosophy and mission statement, Emerson enables itself to build a strong revenue base for the company and its shareholders, while taking the lowest possible risk in achieving this goal.
OLDER NEWS:
VANCOUVER, Nov. 19 /PRNewswire-FirstCall/ - Emerson Oil and Gas, Inc., announces that upon completion of the fracture done at 10,240 and 10,246 feet the tubing pressure was 3450 psi, we expect that pressure as a direct result of the nitrogen frac. The pressure has equalized at 2200 psi. The operator has recommended hook up to a pipeline for production.
more:
VANCOUVER, Nov. 19 /PRNewswire-FirstCall/ - Emerson Oil and Gas, Inc., announces that upon completion of the fracture done at 10,240 and 10,246 feet the tubing pressure was 3450 psi, we expect that pressure as a direct result of the nitrogen frac. The pressure has equalized at 2200 psi. The operator has recommended hook up to a pipeline for production.
keithsan
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still all buys and moving up sloooooowly.
keithsan
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nice volume today, mostly buys, hoping for a move EOD and a pop in the morning to get this one rolling again.
NeedaPayday
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How do you tell if the volume is buying or selling? Thanks in advance. you seem to be good at thisn Keith. Ive been watching, and even buying some of your recommendations.
keithsan
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i hope your buying the ones that go up....
use you last sale column, or buys and sells, trades, depends on you broker or if you use otc charts, alphatrade etc...
if you have nothing except bid and ask, assume items going thru at ask are buys, bid sells.
keithsan
posted
pinks always mess with me...
still holding, nice volume day, a ton of early buys some later sells, and it closes down .0025 hmmmm....anyways, support is basically 21/22 could run at any time.
keithsan
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still holding sloooooooooooowly building
keithsan
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Nice afterhours news!
Emerson Oil and Gas, Inc. - Emerson identifying additional step out opportunities on its Louisiana property. Friday December 3, 6:49 pm ET Emerson Oil and Gas, Inc., (OTC Pink: EOGI) a Nevada Corporation.
VANCOUVER, Dec. 3 /PRNewswire-FirstCall/ - Emerson Oil and Gas announces that its Companies consulting Geologist has reviewed seismic, well log, and geological data to determine additional drilling opportunities on the company's 50% working interest property in Louisiana. The Companies Geologist had identified additional step out opportunities and is preparing an AFE cost estimate to drill these wells. The company will issue further news releases once it has received the relevant data. Dave Harker President and CEO stated "We are very pleased to date with the results from the W.T. Davis site, we expect to finish 2004 very strong, and the company is very excited about the prospects moving into 2005. The company is not only meeting, but exceeding its goals to date.
Emerson's North-West Louisiana drilling efforts follow closely to its philosophy of high-potential low risk re-entry projects in developed fields. By maintaining this conservative, but revenue driven philosophy and mission statement, Emerson enables itself to build a strong revenue base for the company and its shareholders, while taking the lowest possible risk in achieving this goal.
Emerson Oil & Gas holds a 50% working interest in the W.T. Davis well and lands within Township 23 North and Range 13 West of Bossier Parish, Louisiana. The net revenue interest of the lease is 75%. The W.T. Davis Well is located in the Arkana Field and initially produced from the Haynesville Formation of the Cotton Valley Series. With the worldwide focus on energy needs being front and center in the public eye, Emerson feels that with its first class management and discretionary project choices, the company will continue to serve its shareholders well.
keithsan
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news out this morning. same news as afterhours on friday!
VANCOUVER, Dec. 6 /PRNewswire-FirstCall/ -
[This message has been edited by keithsan (edited December 06, 2004).]
keithsan
posted
Sold this one today, i still like it but with so many runners this money sitting here was just waisting. Sold and bought MLON so far so good.
put my sell in for .23 that would've given me a -.01 on the trade, but it went through at .24 ya gotta love ameritrade when that happens.
posted