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Looks like we have alot of good picks we can go with for the am tommorow. The only thing with this stock is not a real big brust any where in the day. it wants to go past .2400 but it cant i would not buy at the start at all. I would wait for it fall and then buy but it has no kind of momentum. Remember people you want something that is going to go somewhere and from the look of it today it hasnt really shown much. IMO..... There are about 3 other stock i would pick for tommorow that i can say would raise when the bell rings. this isnt one of them
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It spiked in the a.m on all the buys, then basically flatlined from noon till close, no momentum, but I have been wrong before! Everyone must be holding since it has not went down, they are waiting for a run that may not happen.
Strat Petroleum, Ltd. (Pink Sheets: SPRL - http://finance.yahoo.com/q?s=SPRL.PK ): Strat Petroleum, Ltd. today announced that it has signed a Standby Equity Line Agreement (the "Agreement") that allows it, at its option, to issue shares to US-based investment fund The Nutmeg Group LLC ( http://www.tngroupllc.com ), up to a maximum value of US$20 million.
Under the terms of the Agreement, Strat Petroleum may, at its discretion, issue shares to Nutmeg at any time over the next two years. The maximum aggregate amount of the equity placements pursuant to the Agreement is $20 million.
Subject to this limitation, Strat Petroleum may draw down up to 200% of the average daily volume (U.S market only) ("ADV") computed using the ten (10) trading days prior to the drawdown request. The facility may be used in whole or in part entirely at Strat Petroleum's discretion, subject to an effective registration.
Shares issued to Nutmeg will be priced at a 7.5% discount to the lowest daily Volume Weighted Average Price ('VWAP') of Strat Petroleum, Ltd. shares traded on each of the five days following a drawdown notice by Strat Petroleum. No commissions will apply to each issue of Strat Petroleum shares under the Agreement, however, a flat non-accountable expense allowance of $1,500 will be payable to Nutmeg at the time of issue.
In addition, Strat Petroleum has set in place a non-recourse loan with common stock as collateral, with a 49.875% net loan to value. Strat Petroleum, at its discretion may post up to eight million shares as collateral. The term of the loan is for one year, with an interest rate based on one-month LIBOR plus three percent, interest paid quarterly.
Randall S. Goulding, Managing Director of The Nutmeg Group, LLC, said "We are eager to assist Strat Petroleum in meeting its ongoing financing needs and we look forward to a long-term relationship with the Company."
The Nutmeg Group, LLC and its principals have been successful in raising capital through private placements and stock loans. With more than 30 million dollars under management, the Nutmeg Group, L.L.C. is a value-added private capital investment firm and a full service investment and financial consulting organization, dedicated to helping growth companies emerge as industry leaders.
Staffed with an impressive array of diverse talents and a robust infrastructure, Nutmeg stands committed to facilitating the Company's success, as it is for all of its portfolio companies. Loren Comitor, President of CCM&A, Nutmeg's advertising and marketing affiliate, will endeavor to facilitate new marketing arrangements for the Company. Additionally, Nutmeg intends to enhance the Company's website and assure that the Company's image will reflect and be commensurate with its outstanding prospects.
"Our investment and ongoing commitment is prompted by our extreme optimism about the outlook for the Company and its capacity to ramp up its operation to seize opportunities" said The Nutmeg Group's Managing Director, Randall Goulding. "We believe the current valuation does not adequately reflect the enormous opportunities that exist for the company in both the near- and longer term."
"We are impressed with the Company's talented management resources, and for such a small company to have captured the opportunities -- is virtually unprecedented," Goulding continued.
"We plan to play an integral and continuing role in the Company's very promising future. We are pleased to be working in partnership with the Company to better position it to grow," said Goulding. "In fact," Goulding said, "the specific reason for this additional cash infusion is to focus on creating new business opportunities and joint ventures."
H. Sam Hyams, President and CEO of Strat Petroleum commented on the financing, "We are delighted to have signed these agreements that give us the option to draw down over $20 million over the next two years. The advantage of this method of structured financing is that although the funds are secured and available to us, any draw down of the facility will be totally at our discretion. We expect these funds to enable us to close several opportunities, including Orenburg, on our upcoming trip to the Russian Federation. The completion of acquisition of the 49% interest of the Rozhdestvenskoe oil site is the primary focus for Strat Petroleum."
Strat Petroleum, Ltd.'s strategy is to enhance shareholder value through the acquisition of oil & gas properties with proven reserves or producing/capped wells. Should you wish any additional information on our projects or management team, please visit our website at http://www.stratpetroleum.com .
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Watch SPRL - think news might be coming at/after close today! Either way....anticipating 2 or more releases very soon. Momo just beginning for this stock.
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Strat Petroleum Announces Agreement with Houston based Tejas Corporate Partners L.P. 2/9/2005 4:54:00 PM
TORONTO, Feb 9, 2005 (BUSINESS WIRE) -- Strat Petroleum, Ltd. (OTCPS: SPRL) is pleased to announce that it has retained the services of the Tejas Corporate Partners L.P. (www.tejascorp.com), a highly-respected consulting firm, based in Houston, Texas.
"We are excited to retain the services of such a highly-respected consulting firm. We believe that Tejas Corporate Partners L.P. will be important to Strat Petroleum's aggressive acquisition and growth plans, which are solely intended to position us as a top-tier, global, independent oil and gas production company," said Sam Hyams, President and Chief Executive Officer of Strat Petroleum Ltd. "Tejas Corporate Partners is recognized for its unique expertise in strategic consulting to the independent oil and gas industry and has the respect of the business community necessary to assist us in achieving Strat Petroleum, Ltd.'s short and long term financial goals, adds Hyams."
Together Tejas Corporate Partners and Strat Petroleum Ltd.'s management are focused on an acquisition program targeting high quality, low risk oil and gas prospects provided via key strategic alliance partnerships. Tejas Corporate Partners' energy section is currently evaluating and conducting due diligence on a number of promising acquisitions for Strat Petroleum Ltd. Strat Petroleum Ltd. has begun implementing certain aspects of its growth and acquisition strategy developed with Tejas Corporate Partners' and expects to complete the acquisition and development of various properties this month.
"Tejas' Corporate management is focused and committed to effective development of the resource exploration, corporate development and financial governance required to help Strat Petroleum Ltd. build a truly growth-oriented business, said Michael Bradle," Tejas Corporate Partners' managing partner. "These acquisitions reflect Strat Petroleum's commitment to developing a series of strategic oil and gas plays into long term contiguous exploration and development campaigns," adds Bradle.
With offices in Lampasas, TX and Washington, DC, Tejas Corporate Partners is a full-service, global business consulting and strategic communications firm focused on strategies and solutions tailored to their client's specific needs. Tejas Corporate Partners' comprehensive, and integrated portfolio of services are designed to navigate the complex international, government affairs, communications and business development challenges their clients face.
Strat Petroleum, Ltd.'s strategy is to enhance shareholder value through the acquisition of oil & gas properties with proven reserves or producing/capped wells. Should you wish any additional information on our projects or management team, please visit our website at www.stratpetroleum.com or contact our Investor Relations office. Due to the volume of interest we will make every effort to respond as promptly as possible.
Strat Petroleum, Ltd. Reports on Current Status and Forward Momentum; Update on Orenburg Region TORONTO, Feb 11, 2005 (BUSINESS WIRE) -- Strat Petroleum, Ltd. (OTCPS: SPRL) is pleased to announce that the Company, has progressed rapidly in its intent to firm acquisitions in the Orenburg region.
In line with its strategic growth objectives, Strat executives have met with the senior representatives of Gazprom in Orenburg. Both parties have confirmed their desired intent to continue in joint venture discussions. Preliminary discussions have led to interest in 4 additional fields aside from the Rozhdestvenskoe oil site, and Strat executives have requested for appropriate documentation in order to submit an official tender on 3 of the sites.
"These are very exciting times for Strat management and shareholders", according to Sam Hyams, President and Chief Executive Officer of Strat Petroleum Ltd. "The culmination of over a decade of hard work is only now beginning to see fruition". "The group from Tejas has already begun to do its due diligence on analyzing and verifying geological and legal documentation presented to us on these and other fields".
Additionally, the company has completed a Memorandum of Understanding to acquire a field in the northern region of Orenburg. The field covers over 300 km(2), with current estimates of 1.5 million metric tonnes of proven reserves, and 3.5 million metric tonnes of probable reserves. Strat will assume at least 75% and up to 90% of the field.
"It is our intent to keep our shareholders updated on our status and progress," stated Sam Hyams. "At this point in time, it is not prudent to discuss, in detail, the planned projects with Gazprom or the potential acquisition candidates for competitive reasons. However, we felt it important to inform the investment community of the Company's progress in both areas and its intention to maximize on all of its well-thought out relationships. Clearly, the focus is to execute on our plan to position Strat as a leader in the international oil and gas arena, which is the focus of the Company's efforts."
Strat Petroleum, Ltd.'s strategy is to enhance shareholder value through the acquisition of oil & gas properties with proven reserves or producing/capped wells. Should you wish any additional information on our projects or management team, please visit our website at www.stratpetroleum.com or contact our Investor Relations office. Due to the volume of interest we will make every effort to respond as promptly as possible.
Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; uncertainties of completing business transactions; uncertainties of raising necessary capital; no control over long term pricing; possible reductions in demand for our products and services due to competition or changes in industry conditions or political environment; changes in the nature of energy regulation in the Russian Federation, the United States and other countries; political risk; currency exchange risk; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; reliance on management and management contacts; and other risks that may be referenced from time to time in the Company's filings with the Securities and Exchange Commission.
LiquidOTC.com: Movers and Shakers "In-Play" Stocks To Watch! - Monday, February 14, 2005 - SPRL, DCBI, USTT, SYNC 2/14/2005 6:24:04 AM Feb 14, 2005 (M2 PRESSWIRE via COMTEX) -- LiquidOTC.com "Stocks to Watch" this morning are: Strat Petroleum, Ltd. ( SPRL ), DC Brands International, Inc. ( DCBI ), USA Technologies ( USTT ) and Intellisync Corporation ( SYNC ).
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This morning, active investors will want to focus attention to Strat Petroleum, Ltd. ( SPRL )
After the closing bell on Friday, February 11, 2005 the company issued more exciting news!
In the latest press release, Strat Petroleum, Ltd. was pleased to announce that they have progressed rapidly in its intent to firm acquisitions in the Orenburg region.
In line with its strategic growth objectives, Strat executives have met with the senior representatives of Gazprom in Orenburg. Both parties have confirmed their desired intent to continue in joint venture discussions. Preliminary discussions have led to interest in 4 additional fields aside from the Rozhdestvenskoe oil site, and Strat executives have requested for appropriate documentation in order to submit an official tender on 3 of the sites.
"These are very exciting times for Strat management and shareholders", according to Sam Hyams, President and Chief Executive Officer of Strat Petroleum Ltd. "The culmination of over a decade of hard work is only now beginning to see fruition". "The group from Tejas has already begun to do its due diligence on analyzing and verifying geological and legal documentation presented to us on these and other fields".
Additionally, the company has completed a Memorandum of Understanding to acquire a field in the northern region of Orenburg. The field covers over 300 km(2), with current estimates of 1.5 million metric tonnes of proven reserves, and 3.5 million metric tonnes of probable reserves. Strat will assume at least 75% and up to 90% of the field.
On Friday, Strat Petroleum, Ltd. closed at twenty five cents a share, up 16.28%.
About Strat Petroleum Ltd.
Strat Petroleum, Ltd.'s strategy is to enhance shareholder value through the acquisition of oil & gas properties with proven reserves or producing/capped wells. Currently, the company is organizing all the elements required to complete the aquisition of interests in the Rozhdestvenskoe and other oil sites in the Russian Federation. For more information on the projects and management team, please visit the website at www.stratpetroleum.com
Stocks showing interesting activity Friday were DC Brands International, Inc. ( DCBI ) up 15.27% on 452,993 shares traded, USA Technologies ( USTT ) up 24.64% on 18,416,412 shares traded, and Intellisync Corporation NASDAQ: SYNC) up 15.59% on 6,759,662 shares traded.
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STRAT PETROLEUM LTD Delayed (8:07 AM EST)
SPRL 0.250 N/A
Today 5 Dy 1 Mo 3 Mo 1 Yr more Last Price 0.250 Change $ N/A Change % N/A Tick
Bid N/A Bid Size N/A Ask N/A Ask Size N/A
Open N/A High N/A Low N/A Prev Close 0.250
Last Trade 2/11/05 Volume 0 52 Wk Hi 0.290 52 Wk Lo 0.030
Market Cap N/A Ex-Div Date N/A Dividend N/A Yield N/A
Shares N/A EPS (TTM) N/A PE Ratio N/A Exchange OTO
STRAT PETROLEUM LTD Headlines As of Feb 14 8:22 AM EST
2/11/05 4:07 PM Strat Petroleum, Ltd. Reports on Current Status and Forward Momentum; Update on Orenburg Region - Business Wire 2/11/05 9:06 AM Pinkpicks.com Announces Profile Launch of Strat Petroleum, Ltd. - PrimeZone 2/9/05 4:57 PM Strat Petroleum Announces Agreement with Houston based Tejas Corporate Partners L.P. - Business Wire 2/7/05 4:07 PM Strat Petroleum Secures $2 Million Short-Term Lending Facility and $20 Million Long-Term Funding Fac - Business Wire 2/3/05 1:17 PM Strat Petroleum, Ltd. Announces Management Update - Business Wire
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Once again a new run today, more should be coming very soon. Active pr team and runs into close pulls back and then runs again, time to buy is on pull backs.
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the management may update the future plans about moving to AMEX exchange anytime..It seems KNIGHT securities is big short on SPRL..with a o/s of 80m and a float around 40m, there will be a squeeze like SPEA that went from 19 cents to 11 dollars in 2 days..
If u have not taken a position, try to do so before the run.
By: kcim8675 17 Feb 2005, 11:22 AM EST Msg. 6780 of 6784 (This msg. is a reply to 6777 by scott33411.) Jump to msg. # Why should we make a case for you to buy SPRL. Do your own homework....we could care less if you buy or not. The stock has done fine without you and will do fine whether you're in or not. You caught me on a good day though, here's some information:
Outstanding Shares: 85,769,230 Float: 40,307,692
Transfer Agent: Select Fidelity Transfer Services 38 Dorothy Street Welland, ON L3B 3V7 Tel: (905) 892-3920 Fax: (905) 892-7855
Strat Petroleum came about through a reverse merger in mid July 2004. They have no ties at all with the old company F2 Broadcast, any people or information (filings etc..) before the reverse merger in July of 2004 have NOTHING to do with Strat Petroleum or anyone affiliated with them.....they are a NEW public company that has spent years putting this business plan and their global connections together.
------------------------------------------------------ This deal is closed:
Ementajevskoje oil site pps estimate:
11,250,000 barrels crude oil (PROVEN) x $45.00 = $506,250,000
80% interest of $506,250,000 = $405,000,000
$405,000,000 - 75% discount = $101,250,000
$101,250,000 / 86,000,000 shares = $1.18 pps
The Ementajevskoje oil site should add around $1.18 per share if you go off of proven reserves.
If you go off of probable reserves then: 26,000,000 barrels crude oil (Probable) x $45.00 = $1,170,000,000 (billion)
Here's the proven reserves of which Strat will have 49% of if the deal closes without a hitch over the next week or so.
Rozhdestvenskoe oil site, with proven reserves of:
75,217,000 bbls of crude oil 109 billion Btu of natural gas 483,000 metric tons of gas condensate
Just the crude alone: 75million bbls of crude x $45 bbl = $3.375 Billion 49% of field = $1.654 Billion
$1.654 Billion in Proven oil reserves.....this will be discounted in the marketplace a certain percentage. The current market will determine that. Let's say it's discounted 75%.
$1.654 Billion dollars discounted 75% = $413,500,000 $413,500,000 / 86 million shares = $4.80 per share
This is only an estimate because the market determines the discount.
Remember this only takes into account the oil, Not the 109 Billion BTU of natural gas and 483,000 metric tons of gas condensate. Someone else want to value that? Strat also has other deals in the works as we wait for the big news........
This is of course IMHO.....Do your own DD / Homework.......
----------------------------- We had a company conference call recently, here's the breakdown of it as posted by our resident note-taker (2create) on RagingBull:
------------------- Short Notes from C/C… Some of this you already know, but for those who don’t… Also, if I have misunderstood anything, please advise so I may review my notes. • Reviewing 2 to 3 term sheets for immediate financing needs to close on the FIRST of the two Orenburg deals (Update: We now have the financing PR released...) • Russian giant Gazprom anticipating there arrival in coming weeks…with open arms! (Update: We are in Russia now.) • If deal closes successfully, plans to double or triple existing production on the first two J/V oil existing oil sites • Sam or Joe stated they may not currently need private placement, but would rather pursue debt financing, rather than traditional equity funding. But will do what it takes to close big deals that come along. Reiterated that “they” the principals together own over 50% of the stock…So they have our mutual success in hand. • Will be fully reporting in the very near future…approx. 3 months from now. • Goal to be AMEX listed ASAP…wants it to be optionable,…etc. • Looking next at other large projects to follow in the Orenburg region, but will first focus on the closing and production /revenue increases with J/V Gazprom projects underway. • Virtually no competition with as much foothold and O&G experience with the Russian government (Also I can’t say how important it is for to be partnering with a Co. like Gazprom, who in turn has such close ties & partnership with the Russian leader, Puitn!) • Nite is biggest MFMMM…possible better executions if you ask your broker to rout orders to HDSN • Within a week or two should have more IR/PR influence. • Looking to add O & G people from Texas and Canada to their team (Update: We added some very big names in international business see this PR http://biz.yahoo.com/bw/050209/95925_1.html Tejas Corporate Partners L.P.) • 50% of oil produced to be sold locally in Russia, other 50% to be exported • Revenues to begin “day one” as overheard in background after commencement of options.
Overall I felt to Conference Call went very well, professionally done and topics were discussed/answered intelligently. Just my short handed notes to give a little presence of the call today…As always DYO DD.
----------------------- Company Management / Advisors
H. Sam Hyams President & CEO of Strat Petroleum Inc.
Mr. Hyams holds a Masters Degree in Business Administration from York University in Ontario and is a Chartered Accountant. His extensive experience over the past 20 years in Canadian industry and on the international scene has included positions in finance and accounting to assisting in establishing new ventures by securing financing, and managing their business plans. Mr. Hyams has also acted as a consultant to small and medium sized businesses, advising them on strategic plans for growth, acquisitions and divestitures.
Chaim Flatt Executive V.P. Business Development
Mr. Flatt holds B.Sc. Degree in Mechanical Engineering from the Kaunas Polytechnic University in Russia. He brings over 30 years of knowledge, experience and network of contacts developed in the areas of project development, financing and international trade. Mr. Flatt is President of Arad Energy Products Co. which has been involved in projects in the Russian Federation and other CIS countries since the late 1980’s with focus on the natural resource sector. In the past few years Mr. Flatt has concentrated on trade of oil and oil products, which has allowed him to build a very good network of contacts in the Russia and the CIS.
Lev Perelman Consulting Engineer
Mr. Perelman holds BS and MS degrees in Civil Engineering and gas supply systems from the University of N. Novgorod (Russia) and holds BS degree in Power Engineering from Southern Alberta Institute of Technology of Calgary(Alberta, Canada) In Russia he was employed by Gasprom and has been actively involved in oil/ gas, development, processing and consulting since 1973. He was involved in the development of the Volga transgas” and Moscowgaspipeline” oil and gas pipelines.
Chyang Wen V.P. Business China & Far East
Mr. Wen holds a M.B.A. from York University in Ontario, and his career spanning more than 20 year includes banking with experience in commercial credit and comptrollers division. He was involved in establishing a manufacturing business in the pesticide industry where his responsibilities including all financial and marketing functions. For the past several year he has been a consultant to business and businessmen in China and the Far East in attracting investment and investors to Canada. Mr. Wen will use his strong network in those countries to secure investment and contracts for the sale of crude oil and oil products.
-------------- Mr. Valeryi D. Krukov-Corporate Legal Advisor
Mr. Krukov graduated from the Law School at University of Krasnodar, Russian Federation in 1999 and has risen through the professional legal system at an extremely quick rate. He worked with the District Attorney's office on cases presenting most difficulty with many complications. He then moved to become Head of the Law Department for the Ministry of Fisheries, until he was appointed as Deputy Chief Judge of the Moscow Supreme Court, where he served for the past two years. Currently, Mr. Krukov is an independent practicing attorney and is the lead advisor to Dresdner Bank for Russia. In Mr. Krukov's role, he will ensure the Company fulfills all the legal requirements of doing business in Russia; review and participate in negotiations of acquisitions and joint ventures the Company may enter into. Further, Mr. Krukov's knowledge and experience of the financial industry in Russia will enable him to assist in securing and closing project financing with the various financial institutions the Company will be approaching, both in Russia and Europe.
Mrs. Elena V. Korzun, Ph.D. Oil & Gas - Consulting & Lobbying Dr. Korzun is the General Director of "AssoNeft", the Association of small and medium size oil & gas producers in Russian Federation which was established in 1994. The association has 45 member companies. These companies own more than 400 oil fields and has produced more than 16 million ton of crude oil in 2003. Approximately 20,000 people are employed by these companies. Dr. Korzun is considered as an expert in the laws & regulations for the oil and gas industry. She has successfully lobbied the Federal Government on many occasions on behalf of "AssoNeft", to increase opportunities, and advantages for the smaller independent producers, and government benefits for the workers. Dr. Korzun will assist the Company in establishing its operations in the Russian Federation, by introducing and promoting it to the other producers.
Victor P. Philipov, PhD., Geology - Consulting Geologist
Dr. Philipov is Dean of the Geological Faculty of the Gubkin Oil and Gas University in Moscow, and is considered as the expert in oil and gas in the Russian Federation. He has over 25 years experience with the Ministry of Oil and Gas Industry, where the last position he held was Chief Geologist. During his career he explored and documented geological findings for all regions of the former Soviet Union.
Dr. Philipov will assist the Company in identifying sites that have the greatest probability of reserves with least recovery costs. He also will ensure geological and feasibility studies contain necessary information and data to receive approval from the appropriate authorities.
Alexander A. Arbatov, PhD., Economics - Consulting
During the Soviet era, Dr. Arbatov was employed with various departments of the Academy of Science providing political, economic and diplomatic advice to the Government on relationships with the West. Since the breakup of the Soviet Union, Mr. Arbatov established and has been the Chairman of the Energy Center for the Russian Federation. This organization provides the Government with analysis and recommendations regarding the development of oil and gas sites in the Country, which are then provided to the likes of BP, Exxon, Mobil, Shell for investment and drilling.
Dr. Arbatov will advise the Company on projects that will provide the best possibility of success, and ensure feasibility studies completed meet all requirements for approval.
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Strat Petroleum, Ltd. today announced the finalization of an agreement to receive funding to develop the first well at the Ementajevskoje field and complete a feasibility study of the site. The agreement finalized with the Aurora Capital Shefa Fund LP, allows the Company to immediately draw up to $1.5 million for the completion of drilling of the first well and provide working capital. The agreement allows Aurora Capital to participate in the project under one of two alternatives to be finalized at the completion of the feasibility study.
Under alternative one, Aurora would earn a 33% interest in the first well and upon 100% return of capital, its interest would be reduced to 25% for the life of the well; Alternative two would allow Aurora the right to a 5% royalty on gross revenues from well production for the life of the well and 10% in warrants of the invested amount to be exercised 12 months after investment at a 50% discount to market.
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easy to see how she moves, its ready again imo. SPRL , this stock has a great string of prs in the past and has proven it can move. Fib fans show Resistance is not until .25 and that is light resistance, then we go .28 and .35 which is where she ran to last time. I am loading .17 up to .19 for what it is worth.
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Stock-analyzer,,,,have you ever dealt with the Ruskys in a buisness deal.Some of them have a way of doing buisness that can be very dangerous to your health.
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