posted
I am holding, and in case anyone missed it, this is from the news just two days ago:
"This well is now in production and is being pumped around the clock, with pressure steadily increasing. We anticipate issuing an initial production report shortly."
Posts: 1035 | From: Ohio - USA | Registered: Apr 2005
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posted
I think this is re-grouping itself today! At least that's what my opinion (crystal ball) says! Numbers would be nice!
-------------------- Legal
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -- Albert Einstein Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
Well, what can I say? The last PR states another PR is due now on production output.
Posts: 1035 | From: Ohio - USA | Registered: Apr 2005
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-------------------- Wide diversification is only required when investors do not understand what they are doing W.Buffet Posts: 565 | From: War Eagle | Registered: Jun 2005
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I don't really like the charts here, the last three days candle sticks forms a really bad sign, i think it will be a bloody day tommr unless some good news comes out, i am looking for get in more after this crash. good luck guys
-------------------- Remeber! 99% of penney stocks are scams, but with only that 1% you can be rich Posts: 436 | From: University of Sounthern California | Registered: May 2005
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posted
July 5th these wells will have been in production for some time. If we don't get some kind of news then, I will be worried that the production numbers are not going to be as good as we hoped.
-------------------- If you don't have instincts, get out. If you do; go with them. Posts: 262 | From: Florida | Registered: May 2005
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posted
I think your right Sunny! I'll bite the bullet and hold! YIKES!
-------------------- Legal
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -- Albert Einstein Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
I got this from RB Site. QCJAGUARS is a reliable source IMO.
News from QCJAGUARS I called the Railroad Commission of Texas yesterday. I have a report of the test done on Kosciusko. I will share SOME of the numbers so our flippers and weak can leave the building. As a matter of fact I intentionally held back this so the weak can leave. Maybe that's mean but oh well. Bye Bye mofos. LMAO!!!!
I also talked with Dan from California to confirm these numbers are good. The test was done with NO pump. They will retest since at the time of this first test they hadn't gotten the storage tanks in yet. What I will tell you is quit focussing on oil and start thinking about the gas potential because it is VERY good. The gas we hit in Kosciuko should yield us nice revenue. AND it's anyone's guess when the test will be completed. Could have already been done. Could be happening as we wait. But I'm definitely waiting.
Here is what I WILL share. 680 PSI Flowing Tubing Pressure. I also have the gas an oil results of the test. I am trying to convert the figure into $$$. I am waiting for a return call from teh TRRC so I don't mispeak. I'm not wasting my time posting this if I didn't feel looking at this report that we are on the verge of something very good with Koscuisko. Numbers will follow as soon as I get them.
posted
By: qcjaguars 01 Jul 2005, 11:49 AM EDT Msg. 38492 of 38493 Jump to msg. # IMPORTANT Let me first say I am NOT a oil or gas man BUT I can definitely conclude that we will meet and exceed MY expectations. Using current gas and oil prices i am going to be conservative but it met my $1 million a year per well expectations. Again between the oil and gas I am sure using THESE figures we will exceed $1 million in revenue from Koscuisko.
Only the company can give out official numbers BUT if ANY of you do the homework and call the TRRC ask for "oil Well Potential Test, form W-2 for Titan Oil and Gas. Then use the daily figures. Using today's oil and gs prices we exceed $1 million on this well.
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -- Albert Einstein Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
News out now. TNOG -- Titan Oil and Gas, Inc. Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: Titan Consolidated Inc: Kosciusko #1 Well in Production
SAN ANTONIO, TEXAS, Jul 01, 2005 (M2 PRESSWIRE via COMTEX) -- Titan Oil and Gas, Inc. (TNOG:OTC) reports that work on its Kosciusko #1 Well was completed yesterday and it is producing oil.
Titan CEO Kent Jacobson reports: "Initial flow results are very strong. There has been extreme heat and humidity at the property, with one worker needing medical attention for heat stroke on Monday. Though shorthanded, the crew completed work to bring the well into production yesterday. The well flowed for several hours and was shut in overnight as a precaution. It is again flowing strongly today and we hope to have it flowing continuously from this point forward."
Jacobson further comments: "We are extremely pleased with the initial results from this well. An initial production report will be issued after the weekend."
Stanley #1B Well Update: After the tubing repair, for the first four days the Stanley #1B well unloaded salt water which had been used previously to control very high pressures and prevent a blowout. On the last day, appx. 25 barrels of oil were produced before the pump stopped flowing due to what is suspected to be another leak in the tubing. A rig has been ordered, and the entire string of production tubing will be replaced, which we hope will eliminate this problem.
About Titan Oil and Gas, Inc. - Titan is an energy company engaged in oil and gas development, drilling and production. Titan follows a conservative business model, redeveloping oil and gas fields with a history of production, while expanding into exploration and development of new properties.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Oil and Gas, Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
posted
having a pretty good afternoon since the PR!
-------------------- Legal
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -- Albert Einstein Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
the current market cap is around 36 million, need about 2 million a year to justify it at 15 to 1 p/e, if the flow rates are good they may exceed that! then watch out! whats the general consesus on p/e for this type of company?
Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
Good question Money; I wish I knew, but the companys that give the p/e are big and it wouldn't relate. Smaller co's don't talk about it, and I just don't have enough experience here. The answer would be useful.
-------------------- If you don't have instincts, get out. If you do; go with them. Posts: 262 | From: Florida | Registered: May 2005
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posted
Shorting................I think ..........How bad it is to be on the list.I don't know...if it is common or a direct negative of the company but here is a definition
Regulation SHO, under the Securities Exchange Act of 1934 (Exchange Act), which would replace Rules 3b-3, 10a-1, and 10a-2. The Commission is also proposing amendments to Rule 105 of Regulation M. Proposed Regulation SHO would, among other things, require short sellers in all equity securities to locate securities to borrow before selling, and would also impose strict delivery requirements on securities where many sellers have failed to deliver the securities. In part, this action is designed to address the problem of "naked" short selling. Proposed Regulation SHO would also institute a new uniform bid test allowing short sales to be effected at a price one cent above the consolidated best bid. This test would apply to all exchange-listed securities and Nasdaq National Market System Securities (NMS Securities), wherever traded.
We are also seeking comment on a temporary rule that would suspend the operation of the proposed bid test for specified liquid securities during a two-year pilot period. The temporary suspension would allow the Commission to study the effects of relatively unrestricted short selling on market volatility, price efficiency, and liquidity.
Posts: 89 | Registered: Apr 2005
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posted
Very nice opening today! Can we get some numbers?
-------------------- Legal
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -- Albert Einstein Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
Glad to see someone's around. I can't see anyone in their right mind shorting a stock thats running on oil news. This is the quietest thread for a stock thats up big, that I have seen. Oh well. With news on both wells imminent I can't see this going down soon.
-------------------- If you don't have instincts, get out. If you do; go with them. Posts: 262 | From: Florida | Registered: May 2005
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posted
Your right leavenart, I'm surprised that this thread is not more active than this. I hope people are making money off this one. I'm crossing my fingers for those numbers!
-------------------- Legal
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -- Albert Einstein Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
This has been my best stock this year Legal, in fact if not for tnog I'd be in the red. This brought me out of the Bear hole and put me in the green. I still see a few pennies in the next few weeks. I hear so much whineing on the losses I wonder where the winners are. Somebody's buying this thing. GL
-------------------- If you don't have instincts, get out. If you do; go with them. Posts: 262 | From: Florida | Registered: May 2005
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posted
Yeah, somebody(s) have to be making a killing off of this stock. I'm wishing I would have kept my shares from .0009, but who knew!
-------------------- Legal
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -- Albert Einstein Posts: 784 | From: washington, DC | Registered: Aug 2004
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