posted
Anyone have or located any information on companys drilling or purchasing land in that area. Any ideas if so on time frame that it might take for drilling. All the news I can find on this is saying the new saudi arabia, can it be.
Posts: 370 | Registered: Jul 2005
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The oil sands is going to be huge and it is starting to be just that here in Canada. There are a lot of companies that are trying to acquire land to jump on the bandwagon and then they are those that are situated very well all ready. Here are a list of companies that you should look at for long term investments!
UTS Energy - UTS.TO, UEYCF.PK I own this one and have since $2.60 Cdn. You will find a lot more info on it through the the Canadian exchange. You might think but this is on the pink sheets in the U.S. My response... who cares this is a stock to own. They have huge amount of land in the oil sands and have a partnership with Petro-Canad and Teck. My estimate is that in 4 years to will be at least $40. It will be in the double digits this year! imo
Canwest Petroleum- CWPC.OB It has had a huge run here over the last month and they have unreal amount of land in Saskatchewan and some in Alberta. They will need a partner to continue and most likely will easily get one.
Connacher Oil and Gas - CLL.TO, CLLZF.PK Take out target
Petrobank Energy - PBG.TO, PBEGF.PK They are involved in the Oil Sands and have a techniology they are testing for extraction that if the results are good this will fly! It is up 70%+ this year and will continue especially if the news on the technology is decent or at least says it works. They have a global patent on it.
I think all these are good. To me especially the ones that are trading in Canada as well. UTS, CLL, and PBG. I can almost guarantee you that in the long term you will not loose money on any of these. IF you have trade Cdn equites then buy the Cdn stock because liquidity is a lot higher on these.
Good luck. If you want more info feel free to ask
Posts: 316 | Registered: Oct 2005
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Check out BMD(Amex) this company has oil sands and also markets limestone and hammerstone. This is worth getting some shares for a long hold until this company reaches it's full potential. -Deluxer4life
Posts: 39 | From: Chicago, IL | Registered: Oct 2005
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Is the company actually doing work with Bitumen or are they just mining limestone in the oil sands region? From what I was able to read they are involved in limestone but they are not mining or extracting bitumen from the oil sands. I am not doubting your belief that this company will be a good investment but I am wondering about its involvement in the oil end of it.
Posts: 316 | Registered: Oct 2005
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posted
cwpc is a great one and will be releasing news shortly about their drilling findings,been moving great.
Posts: 109 | From: canada | Registered: Jan 2006
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posted
DoubleS, I had a similar question, posted it on the free for all board.
"Heard a very interesting commentary about oil sand and oil shale. Apparently, there is enough oil in Arizona, Utah, Colorado, Alaska, and even Canada to support our oil needs for about 500 years. Only problem is, it costs about $15 extra per barrel to process it. With per barrel costs as they currently are, and our 'addiction' to oil, it seems this business is going to start gaining some popularity in the coming months and years.
My question is, any of you guys have any hidden gem companies involved in this?It would be nice to find a small company with inexpensive PPS to get in on early. Thanks."
One response was MSEV. I haven't had a chance to research the company yet, but I'm looking for the same info as you. Good luck.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money. Posts: 1032 | From: DFW | Registered: Oct 2005
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Fergy, I am not sure if they are minig or extracting bitumen, but here is an article about where oil sands production is headed.
CAPP releases 2005 Canadian Crude Oil Forecast CALGARY, July 19 /CNW/ - The Canadian Association of Petroleum Producers (CAPP) is projecting significant potential growth in crude oil production by 2015 as released in its 2005 Canadian Crude Oil Production and Supply Forecast. Total Canadian production is projected to increase from the current 2.6 million barrels per day to reach 3.9 million barrels per day (b/d) by 2015. The 1.3 million b/d growth in production represents an increase of 50 per cent over the annual average level of production recorded in 2004. "Canadian oil producers are increasing production to meet rising global demand" says Greg Stringham, Vice President, Markets & Fiscal Policy at CAPP. Growing production will serve Canada's domestic market, export markets in the United States and will help meet growing global oil demand. The primary source of Canada's growing crude oil supplies is the expected development of Alberta's vast oil sands reserves. Oil sands production, which now exceeds the 1.0 million b/d plateau, is forecast to almost triple by 2015 to almost 2.7 million b/d. With 175 billion barrels reserves, Alberta has the second largest petroleum deposit in the world. In Western Canada, conventional oil currently accounts for more than one of every two barrels of oil produced. While there has been a gradual overall decline since the late 1990s, the lifespan of Canada's conventional oil resources continues to be extended from earlier forecasts through advances in technology. Looking forward, crude oil produced from oil sands will more than offset declines in conventional production. The shift in the source of production means that by 2015 approximately three out of every four barrels of oil produced in Canada will come from oil sands. The forecast growth in production in Western Canada will exceed existing pipeline capacity used to deliver crude oil to markets. The growing oil supply will require construction of new pipeline capacity to ensure western Canadian crude can be transported to markets in Canada, the U.S., and potentially Asia. A number of pipeline companies are currently exploring opportunities for new pipeline projects to meet the forecast growth in oil supply. Visit www.capp.ca for more background information.
The Canadian Association of Petroleum Producers (CAPP) represents 150 companies that explore for, develop and produce more than 98 per cent of Canada's natural gas and crude oil. CAPP also has 125 associate member companies that provide a wide range of services that support the upstream oil and natural gas industry. Together, these members and associate members are an important part of a $75-billion-a-year national industry that affects the livelihoods of more than half a million Canadians.
Hope this helps. -Deluxer4life
Posts: 39 | From: Chicago, IL | Registered: Oct 2005
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posted
pogi had some news released on jan. 17, was going to check on the msev. msev has went from .009 to currently .07 I think pogi is around .215 I was looking for something that hasnt run up but of course who isnt. need to look also at cwpc thanks alot everyone for the post
Posts: 370 | Registered: Jul 2005
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Check out the latest news released about Birch Mountain(BMD) and the oil sands in general around the Alberta region. -Deluxer4life
Posts: 39 | From: Chicago, IL | Registered: Oct 2005
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MSEV crazy news Micron Signs New Alberta Multi Well Drill Program Tuesday February 7, 8:45 am ET
VANCOUVER, British Columbia, Feb. 7, 2006 (PRIMEZONE) -- Micron Enviro Systems, Inc. (OTC BB:MSEV.OB - News) is extremely pleased to report that it has entered into a participation agreement to drill at least one gas well in Alberta, Canada. According to the operator, the first well on this prospect is expected to commence drilling within 14 days, barring any unforeseen issues. If the first well is successful, the operator plans to drill up to four wells per section. A well has been drilled and cased three quarters of a mile away that tested 3.4 million cubic feet of gas per day. ADVERTISEMENT
In other news, a decision to fund and enter into a prospective oil sands project in Alberta, Canada is expected before February 15, 2006.
According to the Canadian Association of Petroleum Producers web site, production from Canada's vast oil sands reserves now exceeds 1 million barrels per day and is forecast to increase to 2.7 million barrels per day by 2015. Reserves exceed 175 billion barrels of economically viable oil. With current technology, Canada's oil sands are second only to Saudi Arabia in global oil reserves. Capital spending on both in situ areas (too deep to mine) and mining projects in the oil sands totaled more than $28 billion US from 1996 to 2004. Canadian companies spent close to $7 billion US on oil sands capital investment in 2005. There are close to 35 projects in the planning or expansion process.
Bernie McDougall, President of Micron stated, ``Things are really starting to get exciting for MSEV. We have secured a new gas drill program that should be commencing operations within 2 weeks. When you couple this new exciting gas drill program with our ongoing negotiations on the Alberta Oil Sands, we feel that MSEV is now turning a corner. With oil and gas prices where they are, it is a tremendous time to be an oil and gas producing company and a great time to start new drill projects.''
MSEV is an emerging oil and gas company that has both oil and gas producing properties. MSEV's goal is to become a junior 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 multiple oil and gas prospects, and continues to look for additional projects that would contribute to building MSEV's market capitalization including the oil sands of Canada.
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 info*micronenviro.com requesting to be added.
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as ``may,'' ``should,'' ``expects,'' ``plans,'' ``anticipates,'' ``believes,'' ``estimates,'' ``predicts,'' ``potential'' or ``continue'' or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Readers are referred to the sections entitled ``Risk Factors'' in the Company's periodic filings with the United States Securities and Exchange Commission, which can be viewed at http://www.SEC.gov. 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.
posted
If you want an oil sands play that hasn ran up yet look at APXR....level 2 is set to run and really only needs a good pr to do so.......
Posts: 43 | Registered: Jan 2006
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Double s - I have been playing CWPC since it was at 4.18 and it is a good swing stock for the long haul. CHAR is also another good one that is there in the oil sands. They are at the same price range as CWPC. But my money is with CWPC go to www.canwestpetroleum.com and read their front page. If that doesn't get your blood pumping nothing will. These guys have more land and proven oil that anyone but SUNCOR who is over the $75 dollar mark. These guys are an easy runner this year. They may even be bought out at some point since China and everyone else is looking to stock up on oil.
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