It's just a tad over .10 but, I thought I would bring it over anyway. I wanted to give ya'll the heads up as I believe this one will go much higher.
Picked some up myself yesterday.
Nice find keithsan.....good luck all.
keithsan Member
Member Rated: posted December 27, 2005 15:18 -------------------------------------------------------------------------------- in here, .13 this used to trade at over 2.00.
Looking for it to bottom and start turning around!
28 million os so float must be less than 14 million, way oversold!
posted
has relatively recent PRs, too; plus, diversity in plays: Pennsylvania, Louisiania, and Texas (including Barnett Shale):
Aztec Oil & Gas Issues Additional Update on Progress in Pennsylvania Drilling Program THURSDAY, DECEMBER 15, 2005 10:56 AM - PR Newswire
AZGS 0.125 -0.015
HOUSTON, Dec 15, 2005 /PRNewswire via COMTEX/ -- Aztec Oil & Gas, Inc. (OTC Bulletin Board: AZGS.OB) announced today that it has received additional information concerning three new wells from the operator of its drilling program in Pennsylvania. Aztec has a minority working interest in the program to drill up to 40 natural gas wells located in Cambria, Clearfield and Potter counties in Pennsylvania. There are now a total of seven wells in process, six of which have been drilled to depths in the range of 3,500 feet.
In today's update, the Company notes that Pennsylvania Well # 5 commenced drilling on November 4, 2005. The drilling was completed to its target depth, and the well has been logged. The well is awaiting completion and is expected to produce natural gas from multiple regionally producing reservoirs.
In addition, Pennsylvania Well # 6 has been spudded and drilled to its target depth. The well has been logged, and the operator has run casing. The well is now awaiting completion and is expected to produce natural gas from multiple regionally producing reservoirs.
Finally, Pennsylvania Well # 7 was spudded on December 4, 2005. Drilling continues to the well's target depth in the range of 3,500 feet.
"Again, we are seeing results that exceed, or are at a minimum very consistent with, the completion success rates, estimated reserves per well and future production potential that was projected when we made these investments," said Kirk N. Blackim, president of Aztec Oil & Gas. "Aztec continues to evaluate potential oil and gas investment opportunities that are viable in today's attractive pricing environment." Aztec provided an update on the first four wells drilled as part of the Pennsylvania project on December 12, 2005.
About Aztec Oil & Gas
Aztec Oil & Gas, Inc. is a Houston-based oil and gas exploration and production (E&P) company. The Company is taking advantage of significant opportunities that are proving to possess high revenue potential. Since its formation in 2004, Aztec's business plan has been to purchase oil and gas interests utilizing strategies that seek to manage and reduce the risk associated with traditional exploration and production operations.
In addition to the Pennsylvania program, in late 2004, Aztec Oil & Gas acquired a 31.283% interest in Z2, LLC. Z2, LLC owns 100% of the working interest in the 7,200+ acre Big Foot oil field in Texas. The field was first discovered by Shell Oil in 1949, developed in the 1950's, and has yielded over 22 million barrels over the past five decades. Aztec also acquired a minority interest in two Deep Lake well prospects in Cameron Parish, Louisiana. Both wells are currently in the process of being connected to pipeline. Aztec is also participating in drilling in the Barnett Shale play areas located in Cooke, Wise and Montague Counties, Texas; in addition Aztec is participating in two drilling projects in Wharton County, Texas, plus a number of other drilling projects in Oklahoma and Louisiana.
The statements contained in this news release that are not historical facts may be statements regarding the Company's future that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. Statements that describe the Company's hopes, plans, objectives, goals, intentions or expectations are all forward looking statements. Any such statements made herein about the Company's future are only made as of the date of this news release. Numerous factors, many of which are beyond the Company's control, may affect actual results. Also, the price Aztec Oil & Gas, Inc. receives for its interest in oil produced may be less than quoted NYMEX prices at any given time. The Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Contacts:
The Ruth Group Denise Roche 646 536-7008 or John Quirk 646 536-7029
posted
Up 44% on 130K+ trades.....LOL....good one.... .175 x .18...
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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posted
Historically, volume is a key factor in driving this stock up.
-------------------- Do not boast about tomorrow, for you do not know what a day may bring forth -- Proverbs 27:1 Posts: 476 | From: East Texas | Registered: Dec 2005
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posted
You too Lil....there's the pullback... .15 x .175.....
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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posted
5-Day 0.1700 on 12/22/05 0.1250 on 12/28/05 20-Day 0.3200 on 12/02/05 0.1250 on 12/28/05 65-Day 0.5100 on 09/28/05 0.1250 on 12/28/05 100-Day 0.6700 on 08/11/05 0.1250 on 12/28/05 260-Day 2.4900 on 03/07/05 0.1250 on 12/28/05 Year to Date 2.4900 on 03/07/05 0.1250 on 12/28/05
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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quote:Originally posted by imakmony2005: yes yes yes this thing has been nothing but down pump-it up. thanks.
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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posted
yea.....they need to let her go.... .15 x .175...LOL....
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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