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Titan Oil and Gas is expecting a production report on their bastrop county project. They have approximately 4 wells that they are targeting. The first well is expected to produce between 123-170 bpd and large quantities of gas. They are worth a look, even if you dont play o&g stocks. They production report was due 10 days from july 18th, which is anyday now.
Posts: 59 | Registered: Mar 2006
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jimmybean, you are right on target on this one. It has been a good play in the past and should be for the future.
Posts: 75 | From: Gatlinburg, TN. | Registered: Aug 2005
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What i like about it is that their share price is way under valued. If they strike oil, which i think they have a good chance of doing, their shareprice is gonna move up really fast. Currently their at .0065, they should probably be around .0115 or so. But with oil, this thing will climb, and im not missing the ride this time!
Posts: 59 | Registered: Mar 2006
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no problem. I don't know much about this but this ran huge on the news of getting these oil leases in early may. They stated that they commenced drilling on 7/18 and should have a report out within 10 days. Well, that's tomorrow. I guess if it's good, this will run, if it's bad, then, well, you know...this is all my opinion after about 20 minutes of quick dd on pink sheets.com and stock charts.com
Posts: 2741 | From: Seattle | Registered: Feb 2005
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thanks skip for your insight! I'll pick up a few and see how it goes. The last couple oil and gas penny plays ran like hell on good news, don't want to miss the train!!! GLTY
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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For the past two years at the end of July/early August TNOG had a run to .03-05. I'm expecting another one this year.
Posts: 48 | From: PA | Registered: Jul 2006
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You could easily see a double from this one but be wary and ready to sell when that report comes out. These guys don't have much in the way of positive history in actually coming up with anything.
I've played it three times: once for a small gain once a break even once a bone crushing drop
Not bashing...just saying watch this one closely if you get in.
BF
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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Well, I can't seem to post charts right. If you copy and paste the link into your browser it will take you to the chart.
Posts: 48 | From: PA | Registered: Jul 2006
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i hope, but as for today, if the pps keeps going up, on monday, this stock will fly so freakin high it will make most people pass out
Posts: 59 | Registered: Mar 2006
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"as promised , a PR with the results on drilling that has recently commenced is due out end this week early next,, I called Mike in IR and spoke with him, he said the result looked very good, caal for yourself is any doubts, said he was excited to see where this took TNOG,, best of luck to all"
Posts: 48 | From: PA | Registered: Jul 2006
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Good news (not really)...There is a reported oil spill in Russia this morning. Will that affect the PPS of this small oil supplier?
Posts: 2498 | Registered: Mar 2006
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All the TNOG fields are in Texas? If anything I would think that would make the PPS go up.
Posts: 48 | From: PA | Registered: Jul 2006
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**********: MMAM, TNOG, GRWW Have Been On ********** Naked Short List For 13 Consecutive Trading Days Jul 27, 2006 (M2 PRESSWIRE via COMTEX) -- **********, www.**********, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short threshold list for 13 consecutive trading days: Medical Makeover Corporation of America (OTCBB: MMAM), Titan Oil and Gas, Inc. (OTC: TNOG), Greens Worldwide Incorporated (OTCBB: GRWW). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********.Posts: 48 | From: PA | Registered: Jul 2006
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I called TNOG over lunch and talked to the I.R. Department. They said that the 10 days was a little too soon for them to get the results of the drilling and to put out a PR. He said everything with the drilling was going along smoothly and that they have received a lot of calls from people inquiring about the current status. He said TNOG has gathered up all those questions and is working on a PR to answer them and to update on the drilling results. The PR should be out very soon.
Posts: 48 | From: PA | Registered: Jul 2006
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Chavez from Iran threatens to cut oil supply to the US
Venezuela is considering cutting the oil supply to United States if Washington persists with its current hostile policy towards the President Hugo Chavez regime. Energy Minister Rafael Ramirez made the announcement Sunday in Teheran following a meeting with Iran’s Oil Minister Kazem Vaziri-Hamaneh. This is not the first time that high-level Venezuelan officials talk about cutting off the flow of crude to the United States.
Venezuelan President Hugo Chavez has accused Washington of “war mongering and imperialism” and claims the U.S. government has plotted to kill him and invade Venezuela to seize control of the country’s vast hydrocarbons reserves.
Venezuela is the world’s fifth exporter of oil and third supplier to the US.
President Chavez, Ramirez and a numerous delegation are currently visiting Tehran where among other strategic and political issues, a joint Iranian-Venezuelan committee to address energy matters was established.
Minister Vaziri-Hamaneh said the committee would speed the implementation of bilateral agreements and oversee the Iranian oil company Petro Pars's participation in hydrocarbons exploration projects in Venezuela.
"Petro Pars currently has oil exploration and production activities in an oil field in Venezuela, and very soon it will be involved in another project”, said Vaziri-Hamaneh, who revealed the company is planning to spend 4 billion US dollars on developing two major fields, which will be Petro Pars largest investment outside Iran.
The Iranian minister said that Venezuela had been invited “to participate in the joint construction of a refinery with Iran and Indonesia in Indonesia”.
Earlier Sunday, President Mahmoud Ahmadinejad presented Chavez with Iran's highest award, the Islamic Revolution Medallion, during a ceremony at the University of Tehran.
Ahmadineyad highlighted President Chavez "efforts to impose justice in Venezuela and his strong stance against oppression, which deserves to be praised".
The Iranian president also underlined Chavez "struggle against poverty, illiteracy and unemployment and in support of health and education" and thanked the Venezuela leader for his support of Iran's efforts to develop a peaceful nuclear program.
On Saturday, Chavez blasted U.S. foreign policy during a meeting with Iranian Supreme Spiritual Leader Ayatollah Seyed Ali Khamenei and said his government wanted to strengthen ties with Iran.
“Venezuela's Bolivarian revolution and Iran's Islamic Revolution are sister revolutionary movements”, he emphasized.
Chavez who celebrated his 52nd birthday on Friday added he hoped "that Iran and Venezuela can continue to be allies in the battle against US imperialism".
Blasting Washington and the “puppet” state of Israel, Chavez compared the current invasion and attacks on Lebanon by Israeli forces to those committed “by Hitler against the Jews during the Second World War”.
Chavez currently on a world tour is allegedly after support for his bid to the non permanent Latinamerican seat in the United Nations Security Council at the en of the year. Before Tehran, Chavez visited Russia where he signed a three billion US dollars state of the art fighter planes and helicopters contract with President Vladimir Putin.
Posts: 48 | From: PA | Registered: Jul 2006
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Nice work Moonwalker. I would think this would have an upward effect in the shareprice of a lot of oil companies, large and small, as they try to stockpile or fill in for Ven. if they stop selling to us.
Posts: 2498 | Registered: Mar 2006
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