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Hey Joe, are you still in RSHN? I am seriously looking at PAPO now, all my DD says this is going to be big and now is a great buying op.
Posts: 60 | Registered: Feb 2006
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looks like bottom was hit. sitting right at the 200 mva. ask coming up.... PAPO looks like a great comp to buy into before news hits.
Posts: 6397 | Registered: Jan 2006
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thanks to all that sold to me cheap today... looks like we go up from here... looking at past chart trends.
Posts: 6397 | Registered: Jan 2006
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FORT COLLINS, Colo. - Forecasters expect another busy Atlantic hurricane season this year, with 17 named storms but not as many intense storms striking land as last year. ADVERTISEMENT
The 2005 season was the most destructive in recorded history, with 27 named storms and 14 hurricanes, including Katrina, which devastated Louisiana and Mississippi and killed more than 1,300 people.
This year's hurricane season, which runs from June 1 to Nov. 30, is likely to have nine hurricanes, five of them intense, according to Colorado State University researchers led by William Gray, who has been predicting hurricane activity for 22 years.
"Even though we expect to see the current active period of Atlantic major hurricane activity to continue for another 15-20 years, it is statistically unlikely that the coming 2006-2007 hurricane seasons, or the seasons that follow, will have the number of major hurricane U.S. landfall events as we have seen in 2004-2005," Gray said.
Before the start of the 2005 season, Gray's team had predicted 13 named storms, including seven hurricanes, three of them major.
For 2006, team predicts an 81 percent probability that at least one major hurricane will make landfall along the U.S. coastline, and a 47 percent probability a major hurricane will hit the Gulf Coast between the Florida Panhandle and Brownsville, Texas.
Over the Counter Bulletin Board Symbol = "PAPO" How can I purchase shares of Pangea Petroleum Corporation? You can purchase shares through stock brokerage firms or e-trade services. Pangea does not offer direct stock purchase or sale. When do you anticipate a move to the AMEX? Listing on the American Stock Exchange is one of our corporate goals. We can not give an exact date on when or if we will be listed. Once we have definitive information, we will send out a press release. How many shares of PAPO are outstanding? As of November 7, 2005 there were 218,216,342 shares outstanding. How can I report a change of address or a lost stock certificate? For lost certificates; address changes or any other shareholder service matters, please contact our transfer agent: Olde Monmouth Stock Transfer Co. 200 Memorial Parkway Atlantic Highlands, NJ 07716 Telephone: 732-872-2727 Fax: 732-872-2728 Who is the legal counsel for Pangea Petroleum Corporation? Axelrod, Smith & Kirshbaum Robert Axelrod 5300 Memorial, Suite 700 Houston, TX 77007 Telephone: 713-861-1996 Fax: 713-552-0202 How do I contact Pangea Petroleum Corporation? You can contact Pangea at 713-706-6350 or write to: Pangea Petroleum Corporation 9801 Westheimer, Suite 302 Houston, TX 77042 You can also email us at info*pangeapetroleum.com
Pangea is a publicly traded company listed on the OTC Electronic Bulletin Board under the symbol "PAPO". The Company is an independent energy company focused on exploration and development of oil and natural gas reserves, whose core business is directed to the development of oil and gas prospects in proven onshore production areas. Pangea is pursuing a development program designed to achieve profitability by distributing risk across multiple oil and gas projects. Pangea diversifies its risk by carefully identifying prospects that fit within strict parameters and by taking a minority working interest in each project. The Company devotes essentially all of it resources to development of revenue producing activities by keeping its overhead at a minimum level through the retention of carefully selected consultants, contractors and service companies.
Pangea is working to create shareholder value by using capital and proven technology to exploit energy prospects that are of minor interest to larger companies due to their size and location. The Company invests in projects at different levels of participation, generally as a minority owner, such that daily operating responsibility is in the hands of experienced, high quality partners and contractors. Producing properties may be resold as appropriate to establish and maintain optimum asset value.
History We are a Colorado corporation founded in 1997. We changed our name to Pangea Petroleum Corporation in 1998 to more accurately reflect the business of the Company. In 1999, the Company moved their corporate headquarters to Houston Texas as part of the new strategic focus on energy. Pangea currently has no subsidiaries. Pangea had acquired a subsidiary, Mass Energy, in October of 2000; however, this subsidiary was unprofitable and was sold in September of 2002.
Business Plan Pangea Petroleum intends to grow shareholder value by creating wealth from their investments in carefully selected energy projects. As part of this emphasis, Pangea has formed an advisory committee who will evaluate and approve all proposed investments. The Company will focus on its basic strategy of investing in projects with proven reserves that can be improved through additional capital and or technology. We will utilize procedures such as workovers, re-completions and in field drilling to meet this goal. Additionally, the Company will participate in carefully selected exploration projects based on a well thought out risk analysis based on high quality data, nearby production and financial projections. Additionally, we intend to invest in or purchase other projects with good reserves but that are non-strategic for their current owners. The current industry climate is judged to be conducive to investments in under-capitalized, technology-starved projects and in purchasing smaller non-strategic projects, most frequently in conjunction with partners. Pangea will invest in each project to a degree that will ensure that while they might have a minority interest, Pangea’s interests must be considered by governing and control groups such as operating committees and in select cases when resources permit and the project is judged to be strategic assume management control.
Executive Team Charles B. Pollock was appointed the Chief Executive Officer and Chairman of the Board in June 1999. From January 1994 to September 1995, Mr. Pollock was President of Praxair Indonesia, an industrial gas company. From October 1995 to August 1996, he was General Manager of Praxair, Inc. His responsibilities included strategic marketing and competition analysis. From September 1996 to May 1999, Mr. Pollock was self-employed as a consultant and managed projects including the acquisition and sale of businesses, competitive analysis and strategic marketing. Mr. Pollock received his Bachelor of Science degree in 1962 from North Carolina State University, his Master of Science degree in Ceramic Engineering from North Carolina State University in 1968 and his PhD in Material Engineering from North Carolina State University in 1972.
Mark F. Weller was appointed President and Director in March 2002. Mr. Weller was with Texaco, Inc. for over 30 years until his departure in early 2002. His last position with Texaco was as general manager for new project development for West Africa. His background includes all phases of oil and gas operations and development, both onshore and offshore on the U.S. gulf and west coasts, as well as international project development assignments. He holds a BS in mechanical engineering from the University of California, Davis.
Scott Duncan was appointed Chief Financial Officer in February 2003. Mr. Duncan is currently the Cost Accounting Manager for Farouk Systems, a rapidly growing manufacturer of hair care and spa products. From September 2001 through February 2004, Mr. Duncan handled financial and cost accounting for Goodman Manufacturing, a large air conditioner manufacturing company. From December 1998 to August 2001, Mr. Duncan was a Programmer Analyst with RHI Refractories America. Mr. Duncan has a total of 8 years of experience in financial and cost accounting for manufacturing companies along with a total of 6 years of experience with computer programming. He is actively involved with various organizations offering accounting, programming and consulting services. He received a BBA in accounting from Southwest Texas State University in 1989 and his CPA license in 1992.
Contact Us Pangea Petroleum Corporation 9801 Westheimer, Suite 302 Houston, Texas 77042 Tel: 713-706-6350 Fax: 713-706-6351 Email: info*pangeapetroleum.com
KEEP PAPO ON YOUR RADAR SCREENS!
Happy Trading! Pennybuster
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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