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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » EDEX - Eldorado Exploration, Inc.

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Author Topic: EDEX - Eldorado Exploration, Inc.
YellowSubmarine
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Eldorado Exploration, Inc. ( Pink EDEX): Passive Induced Polarization (PIP) is a proprietary process that uses a sensor unit, which becomes polarized over a hydrocarbon deposit. PIP identifies the presence of hydrocarbons with a high degree of accuracy and the relative strength of the signal is an indicator of the volume of oil or gas. Drilling records of nearby wells, seismic and PIP were all used in identifying the Mesa prospect. GeoSurveys invented and owns the PIP process and is a partner in the Mesa prospect. They will also operate the field if the well is successful.
Website: http://www.eldoradoexploration.com/

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YellowSubmarine
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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

otcstockexchange.com: PFNC, FMNJ, EBOF, EDEX OTCStockExchange.com Stock Alert
Apr 28 2006 9:24AM ET
Eldorado Exploration Internet Interview
Apr 27 2006 1:23PM ET
www.streetinvesting.com: Market Notification for Eldorado Exploration
Apr 20 2006 4:07AM ET
Eldorado Exploration to Drill in New Mexico
Apr 19 2006 6:00PM ET
Eldorado Exploration Inc. Adds New Board Member
Apr 11 2006 6:00AM ET
Eldorado Exploration Announces Joint Venture
Mar 20 2006 9:00AM ET
Eldorado Exploration Inc. Acquires Additional Leases
Feb 21 2006 10:00AM ET

http://www.pinksheets.com/quote/news.jsp?symbol=EDEX

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YellowSubmarine
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Eldorado Exploration to Drill in New Mexico
Wednesday April 19, 6:00 pm ET

IRVINE, Calif.--(BUSINESS WIRE)--April 19, 2006--Eldorado Exploration (Pink Sheets:EDEX - News) announced today that it expects to commence drilling the Mesa gas prospect in Roosevelt County, N.M., in late June 2006. The drilling permits and other work needed before drilling have already started.

The Mesa prospect is on a PIP-identified Pennsylvanian Carbonate Reef that is over 25,000 acres in size. The company and its partners have over 11,000 net acres under lease over the heart of the structure. The possible reserves could be over 1 trillion cubic feet of recoverable gas, which at today's price of $8 per MCF would equate to $8 billion. Eldorado Exploration has a net 35 percent working interest in the well and surrounding acreage.

Passive Induced Polarization (PIP) is a proprietary process that uses a sensor unit, which becomes polarized over a hydrocarbon deposit. PIP identifies the presence of hydrocarbons with a high degree of accuracy and the relative strength of the signal is an indicator of the volume of oil or gas. Drilling records of nearby wells, seismic and PIP were all used in identifying the Mesa prospect. GeoSurveys invented and owns the PIP process and is a partner in the Mesa prospect. They will also operate the field if the well is successful.

Please visit the company's Web site at eldoradoexploration.com or e-mail at eldoex*yahoo.com.

Contact:
Eldorado Exploration Inc.
David (Tom) Laurance, 949-916-0680
www.eldoradoexploration.com

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binnocent
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Moving nice again today....break .10 today maybe??

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Growing old is mandatory!.........
Growing up is optional!

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YellowSubmarine
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Eldorado Exploration Internet Interview
Thursday April 27, 1:23 pm ET

IRVINE, Calif.--(BUSINESS WIRE)--April 27, 2006--Eldorado Exploration (Pink Sheets:EDEX - News) announced that the company's President David T. Laurance was interviewed by Wallst.net, a leading Internet stock information site. An audio interview is available for public access.

Eldorado Exploration is an oil and gas exploration company with oil and gas projects in Texas and New Mexico that uses a process called Passive Induced Polarization that can increase the odds of finding oil and gas.

Please visit the company's Web site at http://www.eldoradoexploration.com or e-mail at eldoex*yahoo.com.

Contact:
Eldorado Exploration Inc.
David (Tom) Laurance, 949-916-0680
www.eldoradoexploration.com

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YellowSubmarine
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EDEX 0.075 +0.02 (+36.36%) 0 0 3,374,296

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YellowSubmarine
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EDEX 0.08 +0.025 (+45.45%) 0 0 4,032,296

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YellowSubmarine
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5-Day Chart: http://chart.bigcharts.com/custom/frt-com/big.chart?symbol=EDEX&sid=1939676&time =5dy&freq=5mi&compidx=aaaaa%7E0&ma=0&maval=50&uf=197632&lf=1&lf2=0&lf3=0&ctype=1 &style=1968&size=1&pwidth=578&symb=EDEX&type=1&mocktick=1&country=US&rand=3928

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YellowSubmarine
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EDEX 0.09 +0.035 (+63.64%) 0 0 4,467,296

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