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good news finally on this stock this morning...this seems to move well on low volume so this could be a runner and bagger today
forest
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ever think about posting the news???
iknowlessthannothing
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sorry available at bigcharts.com....punch in efcr and scroll down to read news...i thought everybody new how to find the news on a stock...bigcharts is just one good way ...there are many others..
EGPI Firecreek Announces Agreement with Romanian Consulting Group FRIDAY, MARCH 11, 2005 8:00 AM - BusinessWire
EFCR 0.039 -0.001
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SCOTTSDALE, Ariz., Mar 11, 2005 (BUSINESS WIRE) -- EGPI Firecreek, Inc. (EFCR) Chairman Dennis Alexander announced today the signing of a Consultation and Representation Agreement with S.C. RCI Grup De Consultanta, SRL ("RCI") of Bucharest, Romania. Florin Ciocanelea, the senior partner and Chief Executive Officer of RCI, is the former head of international operations and development for the Romanian National Oil Company (PETROM). The firm has significant technical and political resources to provide in depth assistance to EGPI Firecreek. The firm shall assist Firecreek with the evaluation and negotiation for the anticipated acquisition of numerous proved producing Romanian oilfields. In addition to advisory services in Romania, RCI will also assist in other regional countries where the firm has extensive experience and professional associations.
Firecreek Petroleum, Inc., a wholly owned subsidiary of EGPI Firecreek, will be actively involved in the joint effort with RCI to acquire the attractive proved producing Romanian fields. "This alliance with RCI will be of enormous value to our program," stated John R. Taylor, President of Firecreek. "Mr. Ciocanelea is a highly respected petroleum professional that brings to the venture decades of international experience and talent. He brings with him from his years at PETROM, the knowledge and talent that developed impressive production operations in numerous countries in the region. I eagerly look forward to the joint effort."
EGPI Firecreek Inc. through its Firecreek unit is focused on oil production with an emphasis on acquiring existing oil fields with proven reserves, the rehabilitation of potentially high throughput oilfields, resource properties and inventories on an international basis. Other companies in the oil sector include Marathon Oil Inc. (MRO), Pantina Oil and Gas Inc. (POG), Frontier Oil Inc. (FTO) and Cabot Oil and Gas Inc. (COG).
iknowlessthannothing
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starting to slowly perk a bit
slyfox
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This looks like it is on a dip now. It should go up from here
trendtrader2004
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Since oils stocks have been all the rage as of late, anyone think this might be worth taking a look at? Seems to have been on a downward decline in the last month. Looks like it had some action back in February.
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getting some attention today, looks like some sellers are exiting here, with strong buys accumulating at these lower prices. I picked some up.
Aside from oil plays being big, EFCR should be releasing news soon on their romanian endevours..
The firm has significant technical and political resources to provide in depth assistance to EGPI Firecreek. The firm shall assist Firecreek with the evaluation and negotiation for the anticipated acquisition of numerous proved producing Romanian oilfields. In addition to advisory services in Romania, RCI will also assist in other regional countries where the firm has extensive experience and professional associations.
if you look back at feb 9th, the beginning of the last run, we are already 4x the volume, it then gapped at open the next day, then 2 days after that it almost tripled in price (4x from just before the run)... we are starting at a new base level at .03's ..bollinger bands have been closing in, macd turning upwards, money flow turning here, rsi turning up.. busted through the 50day ma today.
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