Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » Monday Movers (Page 3)

 - UBBFriend: Email this page to someone!   This topic comprises 4 pages: 1  2  3  4   
Author Topic: Monday Movers
Spartans
Member


Rate Member
Icon 1 posted      Profile for Spartans         Edit/Delete Post   Reply With Quote 
Egg....
Your doing fine buddy...no worries...keep it up!!

quote:
Originally posted by Egg Inspector:
Buy...I do want to add. I THINK I know what I am doing, but for the most part, each time I find info, or feel like I have determined something through proper DD, one of You (regulars on this board) show me where I am late, or haven't learned yet.

So....I determined the opinion on VTAI, based on 1 hour of DD and posted it. with each passing day I realize how THAT probably isn't enough preparation prior to posting on this board. There is such solid, well informed, intelligent scrutiny here,(and that is sincere) That I am almost ready to not post anymore. but...it just isn't my personality, I want to be part of it all, involved. I don't do well as a bystander.


IP: Logged | Report this post to a Moderator
10of13
Member


Icon 1 posted      Profile for 10of13     Send New Private Message       Edit/Delete Post   Reply With Quote 
Hang in there Egg...we all have questions...and we will only get answers if we ask... [Big Grin]

--------------------
#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

IP: Logged | Report this post to a Moderator
Vagabond
Member


Member Rated:
4
Icon 1 posted      Profile for Vagabond     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by BuyTex:
Big, I imagine the idea is sumpin like this: MM's shorted it down to .0001, so when the diviies go out, they'll have to buy in order to supply the divvies...

I'd like to see evidence of MM's shorting, if that is the thinking...

Tex....yeah, that is a logical thought, but I havn't seen any evidence of that either (MM's covering shorts), at least as of yet, so far I've pretty much dismissed that as being the motive for the F/S.

[Cool] Vagabond

--------------------
You are what you do, not what you say!

IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
Big, I definitley know it is My call I know enough not to base a 'buy' on anothers opinion (except that one time, VWKM, "what was I thinking!" )I was just hoping for the consensus of a few here. Tex, 10of, Vag, etc..
IP: Logged | Report this post to a Moderator
JOELGA
Member


Icon 1 posted      Profile for JOELGA     Send New Private Message       Edit/Delete Post   Reply With Quote 
Everyone watch SDTQ and EQBM for movement on Monday!
IP: Logged | Report this post to a Moderator
MEMO1
Member


Icon 1 posted      Profile for MEMO1     Send New Private Message       Edit/Delete Post   Reply With Quote 
XKEM and CPNLQ

--------------------
MEMO1

IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
Big... In SHORTING; how does the money flow?

I sell 100 shares of ABC * 1.00 = $100.00

what, then the $ is deposited in my account?

deposit = $100.00

then is there a time limit?

10 business day time limit. two Mondays from now my bill is due.... Yes? and on that day the shares are worth $0.72.

I am then obligated to buy 100 shares*.72= $72.00

there, magically left behind in my account is

$28.00 profit


Egg says:

.....Am I getting it?

IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 12 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
newB translation please...


quote:
Originally posted by The Bigfoot:
Vag,

Let me see if I'm getting this.

You think a lot of people will short this at .0002 prior to the split.

After the split they will cover their shorts at .0001 for 100% and allow you to sell your shares which will give you your free money.

It doesn't occur to you that even if every share prior to split was shorted there would still be 150 X the amount of shares that need to be covered? Not to mention whatever manipulation the company has planned?

Foot


IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
another newB tanslation requested.....

quote:
Originally posted by BuyTex:
Big, I imagine the idea is sumpin like this: MM's shorted it down to .0001, so when the diviies go out, they'll have to buy in order to supply the divvies...

I'd like to see evidence of MM's shorting, if that is the thinking...


IP: Logged | Report this post to a Moderator
amswap
Member


Icon 1 posted      Profile for amswap         Edit/Delete Post   Reply With Quote 
quote:
Originally posted by jellybean:
Amswap: Paim did reach .0006 where I made a good profit!!! Paim is not a scam.

Because you might make some money because there are suckers out there doesn't mean they aren't a scam stock. Do some DD on it and you will see what a rip off company they are.
There is a difference between making some money on a stock and whether or not it is a good company. Careful, you can easily get burned on it.

IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
a quote from the PR:

The forward stock split will be effective on or about June 23, 2006, at which time the additional shares in certificate form will be mailed directly to shareholders without action on their part.

which is weird, I have purchase 1000's of shares and none have been 'mailed' to me.

Vaga...this is to clarify your post above(about mailing) with 1 question....

[B] "what ducks (needing to be in a row) could we ba talking about?" [/B}

IP: Logged | Report this post to a Moderator
Vagabond
Member


Member Rated:
4
Icon 1 posted      Profile for Vagabond     Send New Private Message       Edit/Delete Post   Reply With Quote 
Egg.... I will say (as I'm sure you know) I believe all of those 4 pinks you mentioned currently have an ask of .0001 .... Any of them could "pop" almost anytime, or they could all disappear into the pinks "black hole" lol. IMO they're all a crap shoot.

As far as CSJJ (since that's the one I hold a small position in and have been following) I have these thoughts on it.

The CEO (who is most likely the entire board of directors as well) has absolutely zero reputation for being forthright, to put it bluntly.
Here is my ideas of possible scenarios (not in any particular order) that could play out:

1. They have additional "fantastic" news coming out that will fuel very strong buying interest around the time of the split driving up the PPS causing the MM's (the only ones who can short a pink) to go short, further driving up the PPS (best case scenario).
2. They never do the F/S because one of many reasons like, NASDAQ denies it, the "board of directors" reverses their decision on doing it, or the planets aren't lined up right to do it (lol).
3. They follow the F/S with an immediate R/S of greater proportion then the F/S.
4. They follow through with the F/S and don't do anything else for a long time leaving billions and billions of shares to try to sell with almost no buying interest. This, of course would mean the sole reason was just to dilute into the buyers b4 the F/S and would leave many, many bag holders.
5. You could come up with a plethora of other possible scenarios. I just can't find a precedent to this situation.

This is all, of course, just my opinion.
GLTA

[Cool] Vagabond

--------------------
You are what you do, not what you say!

IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
The following is a post from a previous thread that might add to this discussion

Thanks to a friend....... ;)

posted 01-06-2006 22:59
--------------------------------------------------------------------------------
I have held 2000 shares of CSJJ that I recieved as a divy from A.C.'s last little scam (I think it was CDVJ/PAVP) for a year and a half now, and I still can't trade em...go figure.
Good Luck here guys but good ole A.C. isn't getting another dime of my money. He will tell you what you want to hear though...too bad it is always a lie...

--------------------
-------------------------
It's all in the timing....

this is from the thread...I have a feeling that this "wonderful f/s" is a scam...and the "free shares" you get will some how be "untradable"...I am not in it and will stay away...there is no benefit to the company to do this..and in the lng fun it will only hurt the shareholders...IMHO...

here's a link to the thread..

http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/ f/8/t/022180.html?

IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by JOELGA:
Everyone watch SDTQ and EQBM for movement on Monday!

agees on SDTQ
IP: Logged | Report this post to a Moderator
Vagabond
Member


Member Rated:
4
Icon 1 posted      Profile for Vagabond     Send New Private Message       Edit/Delete Post   Reply With Quote 
Egg said.... "what ducks (needing to be in a row) could we ba talking about?"

You can't sell shares...you have to go through your broker. That will take time for owners of these new shares to make them available to their broker, so they can be sold by the broker on behalf of the shareholder. Those that do so quickly may be rewarded with sells b4 the market gets flooded. Just a thought. [Wink]

[Cool] Vagabond

--------------------
You are what you do, not what you say!

IP: Logged | Report this post to a Moderator
Vagabond
Member


Member Rated:
4
Icon 1 posted      Profile for Vagabond     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by JOELGA:
Everyone watch SDTQ and EQBM for movement on Monday!

EQBM has my vote for monday! It's the talk of boards all over the internet. GLTA

[Cool] Vagabond

--------------------
You are what you do, not what you say!

IP: Logged | Report this post to a Moderator
chevon2020
Member


Member Rated:
4
Icon 1 posted      Profile for chevon2020     Send New Private Message       Edit/Delete Post   Reply With Quote 
Hi, I was just watching the posts here. Egg I think you might want to get some reading material from the library, just to get some trading basics down before you start risking your money. Just some newb to newb advice

As for CSJJ I am definitely a bag holder. I sold some once for 100% profit and tried to do it again and I cant sell. If it doesnt go up before the f/s I think Ill just sell it for a loss.

Also I agree with eqbm, I bought some at .015 so its moved up nicely for me. And I think I might get into SDTQ Monday if it goes low enough

--------------------
I'd just like to retire at 26.

IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by Vagabond:
Egg said.... "what ducks (needing to be in a row) could we ba talking about?"

You can't sell shares...you have to go through your broker. That will take time for owners of these new shares to make them available to their broker, so they can be sold by the broker on behalf of the shareholder. Those that do so quickly may be rewarded with sells b4 the market gets flooded. Just a thought. ;)
:cool: Vagabond

well..... I have a broker I just used to sell a stock (pre-online era). He was trying to get more business. when I told him I used Ameritrade, he was like; "they can't do for you what I can": maybe this will be one of those 'do fors'
IP: Logged | Report this post to a Moderator
Vagabond
Member


Member Rated:
4
Icon 1 posted      Profile for Vagabond     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by Egg Inspector:
a quote from the PR:

The forward stock split will be effective on or about June 23, 2006, at which time the additional shares in certificate form will be mailed directly to shareholders without action on their part.

which is weird, I have purchase 1000's of shares and none have been 'mailed' to me....

That is a key question to this whole situation with CSJJ. One has to ask themselves why are these shares being directly mailed to the shareholders of record instead of the "normal" method? IMO this is a key piece of information as to how this plays out.

[Cool] Vagabond

--------------------
You are what you do, not what you say!

IP: Logged | Report this post to a Moderator
Vagabond
Member


Member Rated:
4
Icon 1 posted      Profile for Vagabond     Send New Private Message       Edit/Delete Post   Reply With Quote 
Egg....TDAmeritrade is your broker. That's who I use right now as well. The only thing your "old broker" could do for you is take more of your money! [Wink]

[Cool] Vagabond

--------------------
You are what you do, not what you say!

IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
Chevon....

IMHO: SDTQ won't be going any lower

tell me if I'm wrong all....

this is a Titanium company, whos shares over the last year have drifted from $0.50 / share to $0.01.

They come out with news that:

they are entering the oil business

[/I]...they are doing this by buying out a company called Trevor Neville and Associates which, and this is the one part that bothers me, I can't find out anything about this company ,<Trevor Neville> [/I]

refer to:

Speedteq-Ti Enters the Petroleum Industry


By BusinessWire
Last Update: 6/9/2006 9:30:01 AM Data provided by

PHOENIX, Jun 09, 2006 (BUSINESS WIRE) -- Speedteq-Ti, Inc. (Pink Sheets:SDTQ), is very pleased to announce that they have acquired all of the outstanding shares of "Neville Trevor and Associates" in a Share Exchange Agreement. As per the Agreement, the Company has acquired 100% of the outstanding shares of "Neville Trevor and Associates" in exchange for 25 million shares of the Company's restricted common stock.

"Neville Trevor and Associates" has developed a plan to recover oil in the Caspian Sea Region by method of absorption. Over the past five years they have worked within Azerbaijan with both government and oil authorities, testing and optimizing their plan.

In addition to the acquisition, the Board has appointed Neville Trevor as Chairman and CEO, and Terry Yakimovich as President. Both Trevor and Yakimovich researched and developed the oil absorption process. Mr. Trevor is currently setting up operations in Baku, Azerbaijan.

To better reflect the Company's new business model, the Board has agreed to change its name to Cengroup Petroleum Corporation. Earlier this year the Company had ended its agreement with Bradley Miller and Speedteq-Ti of Arizona to seek a more profitable business model for shareholders.

Also, to improve liquidity within the Company's stock, the Board has approved a two-for-one forward stock split. Both the stock split and symbol change are expected to occur within the next two weeks.

For further investment information please call Rick Neild at 1-800-488-4544.


does anyone know about this Neville Trevor?

so Chevon....unless some terrible PR comes out about Neville Trevor, this is continuing what it started Friday + $0.08= 400%up

IP: Logged | Report this post to a Moderator
JOELGA
Member


Icon 1 posted      Profile for JOELGA     Send New Private Message       Edit/Delete Post   Reply With Quote 
"does anyone know about this Neville Trevor?"

I am still researching this also and have not come across anything yet. I also agree, depending on news, that this won't go any lower than .08 also.
Will post anything else that I find

IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by Vagabond:
Egg....TDAmeritrade is your broker. That's who I use right now as well. The only thing your "old broker" could do for you is take more of your money! ;)

:cool: Vagabond

yeah...I had this share I bought in 1998. did nicely with it. recently it had topped out and I needed to sell it.....WHAT A NIGHTMARE!...let me tell you, these online brokers are SOOOOO easy. try to sell a stock you've bought from 'Joe Schmuck' Brokerage
The original brokerage said they mailed the certificates never received ....so I had to have the certificates re-issued, this took weeks! then they show up in the wrong form. needed to be re-classified, finally after about 6 weeks I was able to sell it....Lost $7.00/share waiting!

IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
I checked everywhere...DOGPILE...business webs...European search engines....I can say that the story has run on very credible news services, but that's it....like this Trevor Neville and Associates doesn't have a 'public' history.
I can understand that...if it's always been a privately held Company, with 'secret' technology i.e.

plan to recover oil in the Caspian Sea Region by [I] method of absorption.
Over the past five years they have worked within Azerbaijan with both government and oil authorities, testing and optimizing their plan.
what bothers me is that now 'Trevor Neville' the person is the new CEO of Cengroup Petroleum Corporation the new company that will actually go get the oil.

Egg says:
we need to find out who this Trevor Neville is

IP: Logged | Report this post to a Moderator
chevon2020
Member


Member Rated:
4
Icon 1 posted      Profile for chevon2020     Send New Private Message       Edit/Delete Post   Reply With Quote 
[QUOTE]Originally posted by Egg Inspector:
[QB] Chevon....

IMHO: SDTQ won't be going any lower

Yes, well I can hope can't I. I not really one for chasing, learned that a while ago. I was hoping it might have a slight slip below .1 and then bounce back up. But with my luck it will gap.

--------------------
I'd just like to retire at 26.

IP: Logged | Report this post to a Moderator
JOELGA
Member


Icon 1 posted      Profile for JOELGA     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by chevon2020:
[QUOTE]Originally posted by Egg Inspector:
[QB] Chevon....

IMHO: SDTQ won't be going any lower

Yes, well I can hope can't I. I not really one for chasing, learned that a while ago. I was hoping it might have a slight slip below .1 and then bounce back up. But with my luck it will gap.

Of course you can hope! That is why we are all here Chevon...lol Stick to your methods that you know work. You are right, chasing is risky. Just my opinion that this will not drop. Good luck
IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
I hope you are right chev... I just wanted to add MO on the subject...SDTQ just looks very good for a run
IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
I have a limited amount of $ for Monday a.m. opinions on which of the following will move the quickest in the a.m.

EQBM EQUITABLE MNG CORP COM

JMCP James Monroe Cap Corp Com

SDTQ Speedteq-Ti, Inc.

AWBV American Way Business Development Corp.

PBLS PHOENIX ASSOCIATES LAND SYND COM

Believe it or not, they were all on my short list from the last month of DDing.....so Tex...if your paying attention, I might be catching on ;)

IP: Logged | Report this post to a Moderator
T e x
Member


Icon 1 posted      Profile for T e x     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by Egg Inspector:
I have a limited amount of $ for Monday a.m. opinions on which of the following will move the quickest in the a.m.

EQBM EQUITABLE MNG CORP COM

JMCP James Monroe Cap Corp Com

SDTQ Speedteq-Ti, Inc.

AWBV American Way Business Development Corp.

PBLS PHOENIX ASSOCIATES LAND SYND COM

Believe it or not, they were all on my short list from the last month of DDing.....so Tex...if your paying attention, I might be catching on [Wink]

http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/ f/9/t/001595/p/1.html?

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

IP: Logged | Report this post to a Moderator
The Bigfoot
Member


Member Rated:
4
Icon 1 posted      Profile for The Bigfoot     Send New Private Message       Edit/Delete Post   Reply With Quote 
Egg,
To your specific questions about taking a short position I am going to refer you to your brokerage. There are many restrictions on what type of stocks individual investors can short, sometimes surcharges or interest payments depending on how long your short position is outstanding, etc..

It would be a thread in itself to attempt to explain all these things and quite honestly...I'm not the best one to do it as I don't trade that way so my knowledge is limited.

As to the whole CSJJ thing. Mailing certificates is a delaying tactic IMO. By mailing physical certs rather than depositing certs directly into your account the company controls the timeline. They can set the speed for which they mail the certs, when you finally received them you will still have to register them with your broker which will take another few days, and after that it will take even more time before they actually post to your account and are tradable. During this whole period the company will be carrying on whatever agenda they have for personal gains while you sit on the sidelines waiting for your certs to arrive.

You asked opinions, my opinion is that this is a scammy scam and I have better ways to lose my money.

As to your five picks...the only two I follow at all are JMCP and PBLS.

JMCP is interesting but I have seen nothing from the company to make me believe that more than a few lucky investors will ever get a sell at .0002. Perhaps that will change in the future but until it does I am putting my money elsewhere.

PBLS has had some good traction in the past and has shown that it knows how to move. I'd say it has some potential but I would watch it trade for a few hours Monday morning before I committed to anything to make sure the interest is going to continue. I am also concerned that should a hurricane threaten the New Orleans area again it could have a damaging effect short term on this particular stock.

Brokers....If you are saving for retirement, not very confident in your trading knowledge, and don't have much time to look at stocks then a personal broker would make sense for you. They are more expensive but they will "handle" the details of your account for you so that you don't need to be involved much if you don't want to be. Experience and knowledge are supposedly worth the extra price tag.

I prefer to make my own decisions and therefore a personal broker would do nothing for me other than cost me more. No thanks. I like my online account! [Smile]

HEY! This is my 1000th post! I'm gonna celebrate and have a beer. [Big Grin]

Check out AMSN if you want. That is my pick for next week. I got in on Friday for .0101 and expect a bottom bounce to .025 by weeks end. I think there will still be time to get in cheap on Monday if you like what you see.

Bigfoot is gonna go get tipsy! See ya tomorrow!!

The Bigfoot

--------------------
No longer eligible for government service due to lack of tax issues.

IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
Big...I do not want to short....I am asking; If you all only had x amount, and you could pick 1 of the listed stocks (believing they are all on the move up) which would you pick to not miss any a.m. gains monday.

in other words;

which do you'all feel will go the highest between open and 1:00pm Monday morning?

IP: Logged | Report this post to a Moderator
JOELGA
Member


Icon 1 posted      Profile for JOELGA     Send New Private Message       Edit/Delete Post   Reply With Quote 
I think that EQBM will move the quickest followed by SDTQ. Forget about making quick money in JMCP. This will take a long, long, long time to move IMO.
IP: Logged | Report this post to a Moderator
sbrcow
Member


Rate Member
Icon 1 posted      Profile for sbrcow         Edit/Delete Post   Reply With Quote 
anyone say NLST because NLST, did i forget to mention NLST? first tropical storm of the year and its only june. wow NLST.

--------------------
drummer. rock and cash all that matter.

IP: Logged | Report this post to a Moderator
McShooter
Member


Member Rated:
4
Icon 1 posted      Profile for McShooter         Edit/Delete Post   Reply With Quote 
LFWK is a Time Bomb ticking away!!! T-Minus 72 Hours and counting!!! Merger finalization and Cusip change to go to the Big Board!!! This is a way undervalued stock with a PPS evaluation of .64 per share...currently trading in the .02 range!!!

500 into 100K...You Gotta...Believe!!!

IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
FPPL

this is one that just won't go away. First Pete & Pipeline Inc., as I was DDing PGPM I kept running into this and it kept looking better and better. so much so I put it on mu 'definite' list. They just recently secured leases (see below)
I thought this could move...but then I think I'm a newB and I keep picking dogs. Then Friday a little up. so....what does the board think?


FPPL Bid: 0.009 Ask: 0.0095 Last: 0.0095 ($): 0.0005 Vol: 6,855,282


First Pete & Pipeline Inc. (Pink Sheets: FPPL, http://www.marketwatch.com/tools/quotes/quotes.asp?symb=fppl)

Corporate Update for First Petroleum

First Petroleum & Pipeline Inc. has now secured the rights to eleven Federal Oil & Gas Leases in the States of Wyoming, New Mexico and Colorado. The Company chose these target prospects based on proven reserves and drilling success of fellow exploration firms in these Basin Regions. First Petroleum's goal is to now focus on potential drill programs and development of the most promising lease properties in its portfolio.

Some of the company's most encouraging prospects include the Powder River Basin. Reserves of Coal Bed Methane in the Powder River Basin are estimated at 31.8 trillion cubic feet. Nearly 100 wells are being drilled each week, and the gas companies say the entire 8 million-acre basin could have 50,000 to 100,000 producing wells before they are finished. This is the largest onshore natural gas play in North America within the last ten years.

The Uinta-Piceance Basin straddling the States of Colorado and Utah (with an estimated 21 trillion cubic feet of gas and 60 million barrels of oil) make it a prime target area as well. Nearly every major producer and pipeline company in the U.S. is active within the State of Colorado; they include Amoco, Conoco, and Unocal among others.

First Petroleum believes that future developments in their target regions could give the resources necessary to build the dedicated management team and to pursue further strategic acquisitions of proven or semi-proven exploration targets. The Company will remain focused on this strategy.

First Petroleum and Pipeline Inc.

Headquartered in New York, First Petroleum is an independent oil and gas exploration and development company with a focus on its Colorado, New Mexico and Wyoming properties. The Company's goal is to apply advanced technologies to systematically explore and develop its oil and natural gas opportunities. First Petroleum focuses its activities where expertise can be used efficiently to maximize returns on invested capital by reducing drilling risk and enhancing its ability to economically grow reserves and production volumes.

IP: Logged | Report this post to a Moderator
  This topic comprises 4 pages: 1  2  3  4   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share