posted
Yea, he also started tagging along the ride on NDOL starting on april 7th, so I guess he has somewhat of an eye for oil stocks whose runs aren't done yet, either.
Yea, with the right ammount of attention, I think any gas and oil stock will run just out of premise alone. People just want to see oil and gas, and they'll buy into it either way. And when you get a stock that actually does have oil and possible buyouts and the like (such as NDOL), things get huge real quick once people know about them.
We'll see how it goes. Only a day away now.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
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Robert Petras Salna obtained a Bachelor of Science Degree in Ontario Land Surveying from the University of Toronto in 1979. Since 1980, Mr. Salna has been and is currently President of P. Salna Company Ltd., a private Ontario corporation established in 1957, his father’s surveying company of thirty years. From November 1988 to July 1993, Mr. Salna was President of Monte Carlo Gold Mines Ltd., a public junior mineral resource company exploring the potential of the Islands of Aruba, Dutch Antilles and listed on the Alberta Stock Exchange. From September 1994 to January 1996, Mr. Salna was President of Canadian States Resources Inc., a public junior mineral resource company exploring the potential of nickel-copper occurrences in Voisey’s Bay, Labrador and listed on the Canadian Dealing Network (CDN). Canadian States is now known as High North Resources. From February 1996 to April 1998, Mr. Salna was the President of Indocan Resources, Junior mineral resources Company exploring Voisey’s Bay Labrador and Kalimantan, Indonesia listed on the NASDAQ Over the Counter Bulletin Board (OTC-BB), a United States stock listing and quote system.
It was in 1991 that Robert Salna drilled his first oil prospect in conjunction with a reservoir engineer named Bruce Whipple. The property was located in Stafford County, Kansas and was called Prescott # 3. Although it was initially a successful venture, technical difficulties brought production to an early end.
In December of 1998 Robert Salna, together with Mr. Bruce Whipple formed Perial Ltd. The Company was accepted on the Canadian Dealing Network as an Ontario Reporting Issuer in 1999 with symbol “PRAL”. Perial’s assets include 5 oil and natural gas properties in the United States, some with modest oil & natural gas production. The Company is currently undertaking a secondary offering for US $12,000,000 in order that it may engage in an exploration program with Dover Investments Limited and provide capital for some other acquisitions.
Dover Investments Limited is 100 % owned by Robert Salna and in October of 1999 purchased the Ras El Ush oil field from Marathon Oil Company Limited of Houston Texas. The property covers 3 blocks (approx. 2300 acres) and is currently producing at 5,000 barrels of oil per day of which 43.3% is credited to Dover (as the operator) and 56.7% is credited to the Egyptian General Petroleum Corporation; the Governments petroleum division. Dover operates the joint venture company with the Egyptian Government called Gebel El Zeit Petroleum Company with a staff of 210 employees.
Mr. Salna is also involved in real estate acquisition and land development in his home Province of Ontario and overseas. Mr. Salna controls a number of companies with various real estate holdings; from commercial, and residential to recreational-commercial.
Mr. Salna continues to manage and operate P. Salna Company Limited with approximately 40 employees and is directly involved with over a dozen companies, some of which are listed in the following paragraphs.
Digigraph Systems Ltd. is an emerging technology corporation that supplies a new plastic forming system for a concrete wall and roof housing system which is cost efficient, quick and simple to build, withstands earthquakes up to 7 on the Richter scale and is virtually unaffected by hurricanes or typhoons. Its plastic walls, filled with concrete, are both vermin and termite proof. This new technology is being distributed worldwide. Digigraph is based in Boucherville, Quebec.
Millennium Building Systems is an Ontario, Canada corporation that is currently providing construction services using the Digigraph prod
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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Education UNIVERSITY OF UTAH - SALT LAKE CITY, UTAH B.S., Accounting - December 1978, Graduated Cum Laude CERTIFIED PUBLIC ACCOUNTANT - 1985
Professional Experience DOVER INVESTMENTS, LTD - CAIRO, EGYPT, Finance Manager, March 2001-Present
PENNZOIL COMPANIES EGYPT - CAIRO, EGYPT, Finance Manager, March 1998-March 2001 * Responsible for all financial reporting requirements for three operated and two non-operated exploration concessions and one joint venture company. * Supervise activities of six local employees (five professionals). * Part-time Deputy Finance Manager in recently formed joint venture, currently in the development phase.
MARATHON OIL COMPANY - OKPO, SOUTH KOREA, Administrative Manager, July 1997-February 1998 * Responsible for accounting, cost control and administrative activities for the Okpo, Korea office at Daewoo Shipyard during the conversion of an offshore arctic drilling rig to a production platform to be set near Sakhalin Island, Russia.
SAKHALIN ENERGY INVESTMENT COMPANY, LTD.-YUZHNO-SAKHALINSK, RUSSIA, Finance & Administrative Manager, July 1994-July 1997 * Responsible for all accounting, systems, human relations and administrative activities for the Yuzhno-Sakhalinsk, Russia office. Supervised two expatriates and 20 national employees. * Seconded from Marathon Oil Company to work with this consortium of four companies to progress a $10 billion oil & gas development project
MARATHON PETROLEUM EGYPT, LTD.- CAIRO, EGYPT Assistant Controller, July 1990-July 1994 * Responsible for all financial reporting requirements of the Cairo Office. * Supervised activities of eight local employees (six professionals). * Developed and implemented accounting procedures for a joint venture company under a production sharing arrangement.
MARATHON OIL COMPANY - HOUSTON, TEXAS Cost & Budget Supervisor, October 1986-July 1990 * Responsible for preparing annual and mid year budgets for the International Production organization. * Supervised four employees active in budget preparation and variance analysis. * Presented budgets to senior management.
MARATHON OIL COMPANY - TUNIS, TUNISIA Accounting Supervisor, January 1983-October 1986 * Responsible for financial reporting requirements of the Tunis office. * Supervision of six local employees. * Maintained financial records in both foreign and U.S. currencies.
1979-1982 Various Accounting Positions * Held various accounting positions with Chevron Oil Company in Salt Lake City, Utah and Walnut Creek, California before taking a position as Accounting Analyst with Marathon Oil Company in Findlay, Ohio (June 1981).
Organizations American Institute of Certified
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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The company`s corporate offices are in Richmond Hill, Ontario and Cairo, Egypt.
Dover Petroleum (DP) is a new publicly traded company that is presently focused on developing the East Wadi Araba Concession in the Gulf of Suez, Egypt.
Seismic data shows 12 targets with potentially large oil reserves. Drilling will commence in 2002 with estimated capital expenditures of $4 million for 2 exploratory wells. There are several producing fields adjacent to DP`s property in Egypt. There are 40 producing fields in the Gulf of Suez, with the 5 largest fields producing more than 5 billion barrels of oil.
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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posted
Thanks Matto. As 7 says, their isnt an up to date o/s for this stock. I guess I will try and call tomorrow and find out what it is. If I get any info I will let the board know. TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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posted
ditto if it doubles i think i might just have to dump..not worth it, i still have obbcq..is he saying anything over on ihub?
Posts: 1029 | From: Long Island, NY | Registered: Apr 2006
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