posted
Phoenix Provides Update on Oil Drilling Program Jan 10, 2006 11:09:00 AM COVINGTON, LA -- (MARKET WIRE) -- 01/10/06 -- Phoenix Associates Land Syndicate (Phoenix) (OTC: PBLS) is pleased to announce that Rome Oil hit oil on one of its three Kentucky leases over the recent holiday. According to C. G. Collins, Petroleum Engineer, "Each well could produce as much as 15,000 to 18,000 barrels of oil over its life. This expected production is in addition to what has already been recovered on this lease."
Rome Oil and Gas Company recently drilled two wells and hit oil in each well, which are "on the Rodgers Brothers 173 acre oil and gas lease located in the Flatwood area of Adair County, Kentucky. Adair County is located in south-central Kentucky," according to John Barksdale, President of Rome Oil, a subsidiary of Phoenix Associates Land Syndicate. Mr. Barksdale stated, "We plan to drill between 5-10 additional wells on this lease."
GO BABY!
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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quote:Originally posted by f8less: Why does a PR have to equate to:
...I just don't get it....especially when it's good news. Silly market, you make no sense. I love you! ...What?
People sell on news f8less, That is the way it's played. I was waiting for this.......LOL
thanks for the shares guys...........!
I know, I'm just trying to be sarcastic and keep peoples spirits up with a laugh during the dips. Stocks are fun! Like a rollercoaster ride! I just enjoy it when they build a really tall one! ;O)
-------------------- Not so "n00b" any more.
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LOL, yeah, expecting Great news from Sand and Gravel.......as well as now expecting more from the other additional wells that will be drilled....
OPEN SKIES once we break the 5's!!!!
Almost back at HOD.......Good for all that made bank and sold and good for us longs that were able to pick some more up on their sells!!!!!
Worked out great for all of us!!!!!!
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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Hey all! I am a newbie to this board but have been lurking for some time. Just starting to educate myself about stocks, etc. As a risk taker I gravitated to the penny and sub penny stocks for larger quantity purchases. I am in some winners and some losers (which will hopefully become winners!). AMEP, GSHF, ERUG, VRDM, CLBE, ITGJ, GZFX, DMTN, GWGO, SSTY and PBLS (up 145%) just to name a few. I've made some good money with APPL, PIXR, HPQ and TGLDX, but they aren't as thrilling as the pennies. Of corse working on getting rich like all of the rest of you.
Any idea how high PBLS might go or what a good exit point might be?
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It's definately not to late. Try to get in on a dip. This thing is going to go back to .12 easily. There is still great news to come! Good luck to all of us longs here!
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Shake and lunch is almost over seems we are following our same trading pattern. Looking for our end of day run nothing is in stone in this world but it looks like thats what it will do glad you guys picked more up. I am all in and I don't want to sell anything else now glta
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quote:Originally posted by bond006: Shake and lunch is almost over seems we are following our same trading pattern. Looking for our end of day run nothing is in stone in this world but it looks like thats what it will do glad you guys picked more up. I am all in and I don't want to sell anything else now glta
LOL bond, You're always one step ahead of me.
Lunch and a good selling day..Resuming the same trading pattern as our every day here.........We always stall at lunch or dip and then close near HOD.............
Still up over 10% for the day.......Just as we usually are at lunch..........
WHOOO-HOOOOOOOOOO!
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
IP: Logged |
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