posted
NDOL/North-West Oil Group Beats the Majors Over the Magma Oil Reserves and Will Increase Oil Production to 7 Million Barrels Per Year
Posts: 1289 | Registered: Dec 2005
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posted
you all can say what you want but if you want to make some money and this is for real INTK will be the one just set back and watch if I,m wrong I will never post anything ever again
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
NDOL/North-West Oil Group Beats the Majors Over the Magma Oil Reserves and Will Increase Oil Production to 7 Million Barrels Per Year
MOSCOW, Jun 21, 2006 (MARKET WIRE via COMTEX) -- NDOL/North-West Oil Group (PINKSHEETS: NDOL) announced today that it has won the tender for the acquisition of the Magma Oil fields. The battle for the tender included major international oil companies, however, North-West Oil Group came up on top. According to the company, now that the tender has been won, negotiations are well underway to conclude the transaction for the Magma Oil Fields estimated at approximately USD $350 million, in an all cash transaction.
"Once the acquisition is completed, our company will have total reserves of 345 million barrels and will increase production to 7 million barrels per year," said Ernest Malyshev, President of NDOL/North-West Oil Group. "The remaining recoverable reserves of the Magma Oil Fields are over 137 million barrels, which are being serviced by 33 wells and 2 booster pumping station," further added Mr. Malyshev.
The company is expected to conclude the transaction over the next several months, and may be simultaneously executed with a listing on the Alternative Investment Market (AIM) exchange in London, where the debt financing is being arranged. The company does not expect to issue any common equity to enable this acquisition.
About NDOL/North-West Oil Group
Nord Oil/North-West Oil Group. is a reporting, publicly traded Oil & Gas company trading under the ticker symbol NDOL on the US Pinksheets market as well as on the Frankfurt Exchange under symbol CXIA. Nord Oil International and the North-West Oil Group merged on May 11, 2006. The company is in the process of filing all regulatory statements and will change its name to the North-West Oil Group and will be issued a new ticker symbol. The company presently produces over 120,000 Metric Tons of crude oil yearly.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Posts: 90 | Registered: Jun 2006
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posted
Up 29% in 40 minutes. The German and all the other stuff I have likes this. I think i'm getting an urge.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
26% and boom.. sold my flippers and shall get back in again!!!!!
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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quote:Originally posted by loggerhead: does anybody have any thing to say if I should but into it agian or not
IMO you might wanna wait a day or two.. but thats just my take.. do make your own decisions based on your risk taking etc.
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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posted
All I can say is it's up to you. I think I will make more money having this. All the experts have to start there DooDoo all over again to justify why this upward trend should not be happening. A lot of time will be spent doing futile research. But it must be. Heehee
quote:Originally posted by loggerhead: does anybody have any thing to say if I should but into it agian or not
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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posted
Littlefoot, I am definitely not attacking your philosophy but what's the allure of Rosneft association when Rosneft shares can be purchased through ADRs at a cheaper price? I never have understood how Rosneft is selling ADRs but has an "upcoming IPO". Just trying to get smarter as I own shares of both NDOL and Rosneft. Thanks.
-------------------- There are those for whom such life makes all other existence seem tame! Posts: 52 | From: Alabama | Registered: Feb 2006
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[QUOTE]Originally posted by DIGDOUGH: [QB] ruskin, you sound like you are out in silicon valley where I spent many years, in Sunnyvale, Mountain View, Santa Clara, San Jose etc,. [QUOTE] moved out.. now in east coast..virginia!!!!
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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quote:Originally posted by ruskin_muskin: [QUOTE]Originally posted by DIGDOUGH: [QB] ruskin, you sound like you are out in silicon valley where I spent many years, in Sunnyvale, Mountain View, Santa Clara, San Jose etc,. [QUOTE] moved out.. now in east coast..virginia!!!!
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
we got some bay area natives? born and raised in san jose myself..no wonder we have the same outlook on ndol...only brilliant minds come out of the Yay Area! NDOL up , up and away !
-------------------- It's ALL good! Posts: 175 | From: Sacramento | Registered: Jun 2006
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With references to London, dilutive lending out of the British Virgin Islands would not be a surprise.
Magma, have not yet connected all the pieces, but so far there are hints Magma is percentage owned company. NDOL has not disclosed degree of actual vested interest.
Other sources, if the same Magma, hints NDOL is buying cast off fields no longer economically viable for parent percentage holders.
I am working on a presumption the Yuzhnoye fields are the "Magma" indicated in news. This might not be the same Magma referenced by NDOL.
posted
yea, suuuurrreeee PG...whatever you say! bottom line is anyone smart enough to play such a volatile stock and flip it every time it takes off for 15-25% talks nothing but good about NDOL...those of you on the outside lookin in cant stand us makin money on such a stock and just bring out your negativity in hopes of ??? shoot i cant think of any reason anyone would spend so much time bashin a stock they dont have a position in... guess its just not havin much of a life.
-------------------- It's ALL good! Posts: 175 | From: Sacramento | Registered: Jun 2006
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posted
The company is expected to conclude the transaction over the next several months, and may be simultaneously executed with a listing on the Alternative Investment Market (AIM) exchange in London, where the debt financing is being arranged. The company does not expect to issue any common equity to enable this acquisition.
common equity?
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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quote:Originally posted by Purl Gurl: "Hey ya it downticked from .34 to .42...." Bucket of rocks. Purl Gurl
half shares out at 0.43, waiting to add them back in.. thats trading purl!!!!!!
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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quote:Originally posted by Purl Gurl: "NDOL up , up and away...."
NDOL is downticking and will continue to do so into the future until company dilution stops.
My expectation is NDOL will eventually have to disclose a "Hick's Brothers" Capstar type financing; Cornell Capital dilutive lending.
This claim of "all cash no dilution" is pure deceit.
Purl Gurl
Purl Gurl
I take it you don't hold NDOL. Am I correct in that assessment? If you don't why are you wasting the limited valuable time we are given on Earth on this board? Just curious? I am sure a savy investor like yourself must have a stock or two that is doing well for you. How come you aren't supporting those stocks. Again just curious.
I also feel that you may be depriving yourself of certain basic things in life. You sound like you may be a bit frustrated. There are many things one can do to release frustration. Purl, be good to yourself and others as well. Enjoy life. Remember, you only live once.
Inquiring minds want to know.
FastEddie777
PS: You didn't happen to buy into NDOL at over $1, did you? That could explain a lot of things. If you did I wouldn't blame you for being mad at the company. Hell, I'd be bashing a bit myself.
Posts: 1289 | Registered: Dec 2005
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posted
At this pace I am assuming Martians may be involved in this and will want to use the Hubbel telescope to keep an eye on production progress. Good chance they will withdraw they're money from the Cayman islands and look for low load debentures to to roll back to former research on moon prospects. Sounds good. I better let the company decide what they are doing and how. I'm starting to sound like i'm writing a prospectus like others here try to do.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
I'm not goin to the UK for this stock that's for sure. They will be operating from share holder equity. Through dillution. good flipper for some time IMO.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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