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Happy Valley
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Energy company with 69 million in the float (according to yahoo) and lots of volume today. Been down lately but might be getting ready for a bounce. May be worth putting on your radar.

http://quote.barchart.com/quote.asp?sym=BPG
http://finance.yahoo.com/q/ks?s=BPG
http://www.bpi-industries.com/

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Happy Valley
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Sitting at .58 now. Green the last two days with RSI and Stochastics oversold and starting to turn up......

http://stockcharts.com/h-sc/ui?s=bpg&p=D&b=5&g=0&id=p

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Happy Valley
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Chart looking good......

http://stockcharts.com/h-sc/ui?s=bpg

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Happy Valley
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Another up day and chart still looking good....Nice to see it eclipse 50 day moving average as well.....

http://stockcharts.com/h-sc/ui?s=bpg

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Happy Valley
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http://stockcharts.com/h-sc/ui?s=bpg

Press Release Source: BPI Energy Holdings, Inc.


BPI To Present at 35th Annual Howard Weil Energy Conference
Wednesday March 28, 8:00 am ET


CLEVELAND--(BUSINESS WIRE)--BPI Energy Holdings, Inc. (Amex:BPG - News), an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, today announced their participation in the upcoming 35th Annual Howard Weil Energy Conference for 2007. James G. Azlein, chief executive officer and president, and James E. Craddock, chief operating officer, will attend the conference and participate on behalf of the company.
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Management will host a breakfast table at the conference on Wednesday, April 4, 2007 at 7:00 a.m. where they will discuss the company's recently reported second-quarter results and ongoing 2007 drilling activity. Additional requests for one-on-one meetings in New Orleans should be made directly at the conference, or may be forwarded to James Constas at jconstas*enercominc.com.

The investor presentation will be posted on company's web site at www.bpi-energy.com on April 1, 2007. The conference runs from April 1 through 5, 2007, and will be held at the Sheraton New Orleans hotel.

To be added to BPI Energy's e-mail distribution list, please click on the link below: http://www.clearperspectivegroup.com/clearsite/bpi/emailoptin.html

About BPI Energy

BPI Energy (BPI) is an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, which covers approximately 60,000 square miles in Illinois, southwestern Indiana and northwestern Kentucky. The company currently controls the dominant CBM acreage position in the Illinois Basin at approximately 500,000 acres.

News releases and other information on the company are available on the Internet at: http://www.bpi-energy.com

Some of the statements contained in this press release may be deemed to be forward-looking in nature, outlining future expectations or anticipated operating results or financial conditions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results or conditions to differ materially from the information expressed or implied by these forward-looking statements. Some of the factors that could cause actual results or conditions to differ materially from our expectations, include, but are not limited to: (a) our inability to generate sufficient income or obtain sufficient financing to fund our operations or drilling plan through July 31, 2007, (b) our inability to retain our acreage rights at our projects, at the expiration of our lease agreements, due to insufficient CBM production, or for other reasons; (c) our failure to accurately forecast CBM production, (d) displacement of our CBM operations by coal mining operations, which have superior rights in most of our acreage, (e) our failure to accurately forecast the number of wells that we can drill, (f) a decline in the prices that we receive for our CBM production, (g) our failure to accurately forecast operating and capital expenditures and capital needs due to rising costs or different drilling or production conditions in the field, (h) our inability to attract or retain qualified personnel with the requisite CBM or other experience, and (i) unexpected economic and market conditions, in the general economy or the market for natural gas. We caution readers not to place undue reliance on these forward-looking statements.


Contact:
BPI Energy Holdings, Inc.
James G. Azlein, 440-248-4200
Chief Executive Officer and President
OR
EnerCom, Inc.
James V. Constas, Director, 303-296-8834
jconstas*enercominc.com

--------------------------------------------------------------------------------
Source: BPI Energy Holdings, Inc.

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Happy Valley
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BPI Energy Production Reaches New High
Monday April 2, 7:11 am ET
Company Provides New Production Profile


CLEVELAND--(BUSINESS WIRE)--BPI Energy Holdings, Inc. (Amex: BPG - News), an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, today provided an update on its operations.
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Establishing A New Daily Production Rate

Daily production reached 780 thousand cubic feet per day (Mcf/d) as the result of the installation of a nitrogen-rejection unit (NRU) at BPI's Delta Field in the Company's Southern Illinois Basin Project. The NRU was completed and the unit came online during the last week of March. As previously announced, in October 2006, nitrogen levels in the gas sales stream generated by this project exceeded pipeline specifications, necessitating several days of downtime. This was followed by a period where a significant number of wells were excluded from the sales stream and subsequently flared, resulting in constrained gas sales.

Chief Operating Officer James E. Craddock said: "As a result of gathering gas that was previously being flared, we experienced a nice surge in sales volume almost immediately upon the NRU coming online. Gas production at this project is still inclining and currently is at approximately 780 Mcf per day. The NRU system is rated up to 1.8 MMcf per day, which should be sufficient to handle our expanding production from Delta for some time. We have also recently completed the second water-disposal well at this project. This new well is now operating and should accelerate the dewatering of the producing coalbeds."

Drilling Program Remains on Plan

BPI's drilling package for the remainder of fiscal 2007 includes a total of 50 wells. Six wells, including two pilot wells and one pressure observation well, have been drilled in the past several weeks at its Northern Illinois Basin Project, and three test wells have been drilled in Montgomery, Macoupin and Clinton Counties. Drilling of additional production wells at the Southern Project is underway.

Current plans call for drilling a total of 30 new production wells on its Projects by July 31, 2007 (fiscal 2007 yearend). In addition, the company announced the commencement of its newest pilot drilling program.

New Pilot Project

BPI is initiating its third pilot project in Macoupin County. This 11-well pilot program will consist of 10 pilot wells and one water disposal well. All 11 wells have been permitted and staked, and drilling at this new pilot has commenced.

BPI's Technical Team Revises Well-Production Profile for the Illinois Basin

Based on publicly available data, combined with test results from BPI's test wells, and evaluation by BPI's in-house technical team, the company has announced revised production profiles for CBM wells in the Illinois Basin. Using the mean profile of data analyzed to date, the average CBM well drilled in the Illinois Basin can be expected to produce approximately 80 Mcf per day after 24 months of dewatering. The company further announced that its anticipated per-well drilling cost has declined by 20 percent to approximately $186,000 following completion of bidding procedures with service providers. This investment includes the associated costs of central facilities such as disposal wells, NRU, and gathering infrastructure. Using a theoretical gas price of $7.00 per MMbtu, gross reserves per well of approximately 185 MMcf translate into a net present value of $130,000 per well and an internal rate of return of approximately 40 percent.

Jim Azlein, BPI's chairman and CEO, said: "Our unwavering goal has always been to demonstrate the commercial viability of CBM production from coalbeds in the Illinois Basin. To that end, we assembled our technical team to systematically test and analyze data in order to obtain the requisite knowledge for optimally evaluating and developing our acreage portfolio and produce CBM from the Basin. Our team has made significant progress in the past six months, and results to date reinforce our strategy and implementation of our plan. We are confident that BPI's proprietary knowledge of the Basin's CBM characteristics surpasses that of any other entity and continues to evolve at a rapid pace."

About BPI Energy

BPI Energy (BPI) is an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, which covers approximately 60,000 square miles in Illinois, southwestern Indiana and northwestern Kentucky. The company currently controls the dominant CBM acreage position in the Illinois Basin at approximately 500,000 acres.

News releases and other information on the company are available on the Internet at: http://www.bpi-energy.com

Some of the statements contained in this press release may be deemed to be forward-looking in nature, outlining future expectations or anticipated operating results or financial conditions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results or conditions to differ materially from the information expressed or implied by these forward-looking statements. Some of the factors that could cause actual results or conditions to differ materially from our expectations, include, but are not limited to: (a) our inability to generate sufficient income or obtain sufficient financing to fund our operations or drilling plan through July 31, 2007, (b) our inability to retain our acreage rights at our projects, at the expiration of our lease agreements, due to insufficient CBM production, or for other reasons; (c) our failure to accurately forecast CBM production, (d) displacement of our CBM operations by coal-mining operations, which have superior rights in most of our acreage, (e) our failure to accurately forecast the number of wells that we can drill, (f) a decline in the prices that we receive for our CBM production, (g) our failure to accurately forecast operating and capital expenditures and capital needs due to rising costs or different drilling or production conditions in the field, (h) our inability to attract or retain qualified personnel with the requisite CBM or other experience, and (i) unexpected economic and market conditions, in the general economy or the market for natural gas. We caution readers not to place undue reliance on these forward-looking statements.


Contact:
Clear Perspective Group, LLC
Matthew J. Dennis, CFA, 440-363-7093
Sr. Managing Director
ir*bpi-energy.com
or
EnerCom, Inc.
James V. Constas, 303-296-8834
Director
jconstas*enercominc.com

--------------------------------------------------------------------------------
Source: BPI Energy Holdings, Inc.

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Happy Valley
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Moving on news.......
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Happy Valley
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Closed at .76...Broke through upper bollinger band today and getting close to 200 day MA (.80)...Hopefully trend continues tomorrow...

http://stockcharts.com/h-sc/ui?s=bpg&p=D&b=5&g=0&id=0

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Happy Valley
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Ask at .85 with big blocks going through....Hopefully this run continues with an eod surge....
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Happy Valley
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Closed at .92 today...RSI at 76 now...Last run started to retrace when RSI hit 80....have to see what tomorrow brings....

http://stockcharts.com/h-sc/ui?s=bpg&p=D&b=5&g=0&id=0

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Happy Valley
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Currently at .99....RSI at 80 now....Lets see if history repeats itself....
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Happy Valley
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Closed at hod $1.05.... [Eek!] [Eek!] [Eek!] [Eek!]
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Happy Valley
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$1.20 [Eek!] [Eek!] [Eek!] ... Anybody else get in this last month....
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Happy Valley
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$1.35.....This thing is unreal!!!!!
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Happy Valley
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Out at $1.30.... [Big Grin] [Big Grin] [Big Grin] [Big Grin] [Big Grin]
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Happy Valley
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I guess I sold to soon...Looks like it is going to challenge 52 week high...
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