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

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » MSEV...morning runner?

 - UBBFriend: Email this page to someone!    
Author Topic: MSEV...morning runner?
yes
New Member


Member Rated:
5
Icon 1 posted      Profile for yes     Send New Private Message       Edit/Delete Post   Reply With Quote 
Only have done some cursory DD but looks good at first glance-- here's some after the bell news -- any thoughts?

INSIDER BUYING:
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3120386

THE TWO 8-K links today:
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3120498 http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3120482

NEWS:

2004-11-30 16:26:06
MSEV to Participate in Major New Canadian Gas Prospect

Business Editors / Energy Writers

VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 30, 2004--
Micron Enviro Systems, Inc. (OTCBB:MSEV) is extremely
pleased to announce that it has signed an agreement to participate on
an exciting gas prospect in Alberta, Canada. Operations are expected
to commence within the next two weeks barring any unforeseen issues.
The prospect consists of one initial well, with the potential to drill
multiple wells after the success of the first well. The formation of
primary interest on this property is the Viking Sands, which is gas
productive throughout the immediate area. Recently, the Viking zones
have been tested and produced gas in a number of wells in the
immediate area of the prospect. Drill stem tests have resulted in
flows in excess of 12,000,000 feet of gas per day.
Alberta accounts for just over 80 percent of the natural gas
produced in Canada, which is the world's third-largest supplier of
gas, and exports about three-quarters of its production outside the
province's borders. About half of the five trillion cubic feet of gas
produced each year in Alberta is exported to the United States, and
about one-quarter flows to other points in Canada. Alberta has an
estimated 200 trillion cubic feet of ultimately recoverable
conventional natural gas. Recent estimates indicate that Viking and
equivalent strata contain in the order of 5 and 8 percent,
respectively, of the oil and gas reserves known to exist in Alberta
alone.
MSEV is planning on making a more concerted effort to market
itself to prospective shareholders. In the past MSEV has not had an
active marketing campaign but it is initiating one now. The marketing
campaign will occur throughout the coming months as drilling results
from our Texas and Canadian prospects are announced.
Bernie McDougall, president of MSEV stated, "This is tremendous
news for MSEV and our shareholders. The last time MSEV was able to
announce drilling results for a Canadian prospect the shares traded
from 2.7 cents to a high of 8.7 cents within two days and traded over
24,500,000 shares on each of those two days. This occurred when the
company had only four wells in production, no marketing campaign, and
oil and gas prices were at much lower levels than today. We are also
scheduled to commence operations on our three wells in Texas. We have
paid all costs for these wells and so far the success rate on this
Texas prospect is five for five. We feel very optimistic and excited
about the next few months and our shareholders should share this
enthusiasm."
Due to rain, the drilling on the Stuart wells has been delayed.
MSEV has already paid for the drilling costs on the next three wells.
The first five wells on this prospect were drilled successfully.
Drilling crews and the rig are on standby, with drilling to commence
as soon as the rig can be moved on to the site. The rig cannot be
moved onto the drill site until the ground dries.
Negotiations are progressing on additional oil and gas prospects
in Canada. The board is expected to have a final decision on these
prospects shortly.
MSEV is an emerging oil and gas company that has both oil and gas
producing properties. MSEV's goal is to become a mid-range oil and gas
producer that focuses on the exploration, discovery and delivery of
gas and oil to the North American marketplace. MSEV currently has 15
independent sources of oil and/or gas revenue. MSEV's production is
from nine oil wells in Canada, and six wells producing oil and/or gas
wells in Texas. MSEV is presently involved in four separate multi-well
oil and gas prospects, and continues to look for additional projects
that would contribute to building MSEV's market capitalization.
If you have any questions, please call MSEV at 604-646-6903. If
you would like to be added to MSEV's update email list, please send an
email to ir@micronenviro.com requesting to be added.

This press release contains forward-looking statements that
involve risks and uncertainties. The statements in this release are
forward-looking statements that are made pursuant to the safe harbor
provision of the Private Securities Litigation Reform Act of 1995.
Actual results, events and performance could vary materially from
those contemplated by these forward-looking statements. These
statements involve known and unknown risks and uncertainties, which
may cause the Company's actual results in future periods to differ
materially from results expressed or implied by forward-looking
statements. These risks and uncertainties include, among other things,
volatility of oil and gas prices, product demand, market competition,
and imprecision of reserve estimates, and actual ability to recover
oil and gas that is present or represented to the company by the
operator. For all details regarding working interests in all of MSEV's
oil and gas prospects or any previous news releases go to the SEC
website. You should independently investigate and fully understand all
risks before making investment decisions.

KEYWORD: NORTH AMERICA TEXAS UNITED STATES CANADA
INDUSTRY KEYWORD: ENERGY OIL/GAS NATURAL RESOURCES
SOURCE: Micron Enviro Systems, Inc.


CONTACT INFORMATION:
Micron Enviro Systems, Inc.
Bernie McDougall, 604-646-6903
Fax: 604-689-1733
ir@micronenviro.com www.micronenviro.com


Posts: 0 | Registered: A Long Time Ago!  |  IP: Logged | Report this post to a Moderator
yes
New Member


Member Rated:
5
Icon 1 posted      Profile for yes     Send New Private Message       Edit/Delete Post   Reply With Quote 
Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: 80% - Buy
20-Day Average Volume - 1265430

Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 75% - Buy
50-Day Average Volume - 707060

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Sell

Long Term Indicators Average: 33% - Buy
100-Day Average Volume - 567281

Overall Average: 72% - Buy

Price Support Pivot Point Resistance
0.0340 0.0307 0.0337 0.0367

Posts: 0 | Registered: A Long Time Ago!  |  IP: Logged | Report this post to a Moderator
denzen
Member


Rate Member
Icon 1 posted      Profile for denzen     Send New Private Message       Edit/Delete Post   Reply With Quote 
Yep this is ready to go!
I was just about to pull up an old thread to post on. The chart looks really good!
The news may be the boost it needed.
I've been in this for awhile and will pick up some more tomorrow.
dz

Posts: 1431 | From: Boulder, CO | Registered: Oct 2003  |  IP: Logged | Report this post to a Moderator
yes
New Member


Member Rated:
5
Icon 1 posted      Profile for yes     Send New Private Message       Edit/Delete Post   Reply With Quote 
The last 10Q didnt look so great, but I didnt have time to analyze it before going to bed...any thoughts? Maybe it wouldnt matter for a morning run if things are gonna get better..
Posts: 0 | Registered: A Long Time Ago!  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share