 | HIFI  | | | Tuesday, March 12, 2013 5:01:05 PM | | Re: None | | | Post # of 5094 | | | | FEGR Friendly Energy Exploration 
LOWEST SHARES EVER ON THE WAVE
LOWEST MARKETCAP IN YEARS FEGR Security Details Share Structure | Market Value1 | $103,048 | a/o Feb 08, 2013 | | Shares Outstanding | 32,140,807 | a/o Mar 12,2013 | | Float | Not Available | | Authorized Shares | Not Available | | Par Value | 0.001 | Shareholders | Shareholders of Record | 589 | a/o Mar 29, 2012 | | | | Hello Waveriders, 02/12/13
I believe this to be one of the best set up newsletters I have done on any wave I have ever written and let me explain why.
First and foremost is the availability of the SEC filings on such a low price and float.
Second by using this information in combination with real research from Southgas who is and has been in this industry for years.
Next the timing of finding this stock the last two months has allowed the wave readers the best price advantage ahead of any other large group of readers on the ihub now.
Yes we are right now the largest group I see in this stock who believes in the long term and short term success here.
Now timing is something I have studied the most on the wave the last year and have tested many times over. We have found the right path to success now for new long term stocks by taking advantage of the dip entry and then absorbing the lowest price in when we alert.
That is what last weeks alert system was used for and the testing of the friday Tsunami has led us to find.
Now enough on the wave and what I see here now.
I see a company right now that has been acquiring real land leases of oil producing property to actually rework the wells using today's technology . As southgas pointed out this is a stripper operation that is taking advantage of using new technology to rework existing producing fields. This is less costly for the shareholders and holds much availability for shareholder equity at a much lower price then buying Exxon or another high priced oil stock for much lower gains.
Next the time schedule of turning these properties into producing wells right now is this year to switch the asset of the leases into Income now.
Yes they now have secured the property and the required filings to start increased production toward revenues now into 2013. Now something else He spotted and that is the fact they are using a combination of financing here and even there own cash to allow success. They appear to have a strong financing now from Gannet as you will see below. Also on the filings the directors have added there own assets to increase the business.
Now next they have also allowed us to add at the beginning of the season with a moderate amount of share sold to us the commons to get involved. Yes adding commons is a great thing when you see a solid business plan as this lowers the price and we are now at the right price for the buy.
Now one other thing I noticed is it appears they have secured all there funding in the filings now for this drilling season this summer and fall. Yes they were sold earlier three months ago and what caused the drop in price below the penny.
This is were we come in at the right time now.
By buying now and moving the price above the penny we will save on share numbers sold in the future. Also by our timing behind the cash needed for this drill season they are now busy drilling and not spending time on financing. Also now the fast moves up above the .005 by this group of readers will insure the long term growth this summer now.
Next they have not had much in news and this is the season now we could see this news. Also we are mid quarter on the filings and if what we see is correct we will have a couple of weeks to verify this on the next Q filed.
Now the board is getting known and headed toward the breakout on the IHUB buzz cloud this week.
This is the time now to quietly acquire shares and be ready like we did in HBRM earlier this year.
Also in the many years of producing some of the huge long term movers we never have alerted on this low in price and many have moved from .04 to pennies and even quarters now.
Timing is everything and we are at the next huge step of moves and that is breaking the .005 range in new volume ahead. Yes we have set new volume records this last week and I have always heard volume proceeds huge moves and we have set the first step.
Now onto the report below and I feel this has information for anyone to do the research whether they are short mid or even long term.
I have listed the top section in easy format of what I see in 10 basic questions and what I feel is the strength. the next section has much valuable insight from Southgas who has been working in the oil and gas fields for years and is a trusted friend for sure.
These are the two most important places to read if you do not read anything else. From there I have included the links to reference the information and even more info from the company.
We have highlighted the properties from the latest filings and below the potential for the other sites not producing now. yes they have 23 wells that are producing and are concentrating on opening more wells on those three sites.
I feel the business plan is solid and this is based on all the information of how they are executing that business plan. The facts from the filings and the website in combination with research show the companies intentions more then a news release ever does. News releases now are used more to sell shares then to increase shareholder awareness or shareholder equity.
Now the work is up to you as an investor and that is to research further on this company and set your plan ahead. As in any investment we will have many here for many different reasons and goals and I will allow you to decide this today on the Tsunamiwaves ahead of the IHUB and other groups.
Yes this will be released on the wave IHUB but not till late tonight now and no other spot before Tuesday now.
have a great research day and please share on the Tsunamiwaves what else you see we have missed good or not so good.
dave
Recent News Headlines
Outside News Sources | Publish Date | Headline | | Feb 8, 2013 | OTC Profits Energized: Energy Related Penny Stocks Among Those Logging Huge Gains on Friday | | Feb 8, 2013 | Friendly Energy Announces Letter of Intent | | Nov 27, 2012 | PennyTrackers.com Penny Stock Profiles: China Education Alliance, Inc. (OTCQX: CEAI), ZAP (OTCBB: ZAAP), Trans-Pacific Aerospace Company, Inc. (OTCBB: TPAC), Friendly Energy Exploration (PINKSHEETS: FEGR) | | Nov 10, 2012 | Active Traders Watchlist: (PINK: FEGR), (OTCQB: VSPC), (PINKSHEETS: VMCS), (OTCQB: PGOL) |
Press Release
Friendly Energy Announces Letter of Intent
BROWNWOOD, TX--(Marketwire - 02/07/13) - Friendly Energy Exploration (OTC.BB: FEGR.OB - News) is pleased to announce it has signed a letter of intent to purchase 45% of the working interest of the Jacks B Oil & Gas Lease in Young County, Texas. This is an 80 acre lease with 22 oil wells. The company expects to finalize an agreement within 10 days.
Doug Tallant, President of Friendly Energy stated, "The Jacks B Lease is currently producing 19 barrels per day from less than half of the wells. The remaining wells are expected to be reworked in the next two months. This will significantly increase production."
About Friendly Energy:
Friendly Energy is an exploration, development and production company in the Oil and Gas Exploration Industry. The company is focusing on low cost oil and gas recovery in the State of Texas. Friendly Energy is committed to building shareholder value by taking advantage of the current market pricing of oil and gas by developing undeveloped reserves with little downside risk. Please see the company's website: www.fegr.biz.
This news release contains information that is "forward-looking" in that it describes events and conditions, which Friendly Energy Exploration ("FEGR") reasonably expects to occur in the future. Expectations for the future performance of the business of FEGR are dependent upon a number of factors, and there can be no assurance that FEGR will achieve the results as contemplated herein and there can be no assurance that FEGR will be able to conduct its operations or production from its properties will result from or continue as contemplated herein. Certain statements contained in this report using the terms "may," "expects to," and other terms denoting future possibilities, are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, which are beyond the Company's ability to predict, or control and which may cause actual results to differ materially from the projections or estimates contained herein. FEGR disclaims any obligation to update any forward-looking statement made herein.
Contact:
Sean Tallant
970-270-0103 | | Corporate Profile: FEGR Business Description About us: Welcome To Friendly Energy Friendly Energy Exploration engages in the acquisition, exploration, and development of oil and gas properties in the United States. Our primary focus is on acquiring leases and wells in established fields to minimize risk, especially leases that have been poorly operated or shut in and that can be put back into production. In some instances, the Company will joint venture to further minimize risk and to add to its reserve base more quickly with a target to produce over 300 barrels of oil per day in 2013.
 The Company has acquired five oil & gas leases comprising 1,800 acres in Central Texas, 80 acres in North Central Texas, and 350 acres in South Texas. There are 34 production wells on the leases. The fields all have multiple, proven oil and gas bearing formations in addition to the ones from which they are producing, and with secured acreage, there are many opportunities for additional drilling. In addition to the wells in operation, the Company has targeted 6 more existing shut in wells to place into production before March, 2013. Total production is estimated to be 100 barrels per day as a result of testing additional proven oil bearing formations within the existing well bores. This includes gas in 'equivalent' barrels. The Company also plans to drill at least four new wells in 2013 as further development of the existing leases continues. | | | Points I Will Review in The Email Below 1 the assets to liabilities ratio
They appear up to now mostly acquiring the leases. In reviewing the existing leases I see much potential of up to or over ten billion barrels of proven oil reserves. Also upon reviewing the data on these leases I feel they have managed the assets and liabilities great till now, Yes the Liabilities have grown in securing these leases but they have secured leases with existing production of 30 percent of the leases and 70% more toward increased production Also these leases can be sold or reworked by others and this is a great strategy. All the leases are in reworks and one even was sold to them because of not enough funding. They have decreased the assets by only 11k this quarter and that was after a 10% more increase last fiscal year. | Total Assets | $ | 273,472 | $ | 284,691 | | Total Liabilities | | 3,312,818 | | 3,248,835 | | Total liabilities and stockholders' deficit | $ | 273,472 | $ | 284,691 | 2 The management handling of the Fins shows strength in managing shareholder value.
The management is effectively turning the cash-flow into new producing wells as well as financing with some added outside equity both from there own cash as well as major holders in the company. It appears from the sec filings they have secured all financing for the main drilling season now and this is showing strength toward shareholder equity.
3 revenues increasing to further future growth
The revenues here are tied to both 23 active wells as well as the price of crude. Crude has increased this year and the number of producing wells on the three main sites also has increased. The combination of funding more new wells from existing revenues and the increase in wells with little outside financing will increase the revenues further generated off the turning of the cash-flow several times for more revenues. This is a solid business plan using cash-flow to increase revenues toward shareholder equity in the future. By also concentrating on active sites this helps lower costs and increase production on those three main sites decreasing costs and increasing shareholder equity
4 unique product or business plan that will continue growth
This company is in the business of oil wells and has 23 active wells and opening more this year now from the notes below. They appear to be funding all operations in combinations of Zannet, The directors own cash and some share sales as they increase the wells open now. This has increased production over last years quarter by 50% and these three sites are now adding more wells this summer. This will help to increase the revenues and funding for other new wells this year. 3. OIL & GAS PROPERTIES | | | | | | | | | | | | | | | | | | | | | March 31, 2012 $ | | March 31, 2011 $ | | Oil & Gas Properties - Unproved | | | | | | Panther Lease | 8,596 | | 8,596 | | | Byler Lease | 45,143 | | 45,143 | | | Mud Creek Lease | 20,000 | | 20,000 | | | Hutchins Lease | 2,400 | | 2,400 | | | South Thrifty Lease | 55,931 | | 56,556 | | | Red Oak Project | 242,000 | | 242,000 | | | Talpa Project | 50,000 | | 50,000 | | | West Peach Project | 36,970 | | 36,970 | | | | 461,039 | | 453,069 | | | Impairment | (328,970) | | (328,970) | | | | Total oil & gas properties | 132,069 | | 132,695 | Byler Lease - In 2009, the Company purchased, through its wholly-owned subsidiary, a 100% interest in oil and gas properties in central Texas for $33,650. In 2010, there were additional lease costs of $333, and in 2011 there were additional lease costs of $11,160. The property totals 372 acres and consists of 17 wells. The Company remits a 22% royalty payment. As at March 31, 2012, there was production on the property from four wells. We are planning to rework additional wells. Hutchins Lease - In 2009, the Company purchased, through its wholly-owned subsidiary, a 100% interest in oil and gas properties in central Texas for $2,400. The property totals 194 acres. Upon production, the Company will remit a 15.125% royalty payment. As at March 31, 2012, there was no production on the property. Mud Creek Lease - In 2009, the Company purchased, through its wholly-owned subsidiary, a 100% interest in oil and gas properties in central Texas for $10,000. In 2011 there were additional lease costs of $11,160. The property totals 355 acres. Upon production, the Company will remit a 22% royalty payment. As at March 31, 2012, there was no production on the property. Panther Creek Lease - In 2009, the Company purchased, through its wholly-owned subsidiary, a 100% interest in oil and gas properties in central Texas for $15,000. After the depletion allowance, the balance is $8,596. The property totals 155 acres. The Company remits a 22% royalty payment. As at March 31, 2012, 2011, there was production on the property from three wells. We are planning to rework additional wells. South Thrifty Lease - In the first quarter of 2010, the Company purchased, through its wholly-owned subsidiary, a 50% interest in oil and gas properties in central Texas for $67,500. After the depletion allowance, the balance is $56,556. The property totals 1,000 acres. The Company remits approximately a 22% royalty payment (the royalty payment varies for the wells). As at March 31, 2012, there was production on the property from sixteen wells. We are planning to rework additional wells. 5 lower float with room to grow and not maxed out
The float here has Zannet as the largest owner and with the directors is less then 85 million on the market
This shows that the majority of shares and price change is controlled by the common buyers and sellers at the market. This last week we have effectively moved the float now to a higher bottom base and appears to head back toward the three month high over the penny. The reason for the price drop this year is there were 21 million commons added at the price above the penny on very small volume and exposure and this reduced the price. The shares of 23 million now have been bought up on this weeks volume at an average above the .0025 now and this is ready to move upward with this next weeks volume.
See the notes below on the float information
6 Green earnings per share or very near to green now and will be this year
This is again tied to the crude price as well as active wells and each new well increases equity and the more wells opened will effectively move toward green earnings per share. As each of the three sites now active are finished they will move onto the other site leases they have now.
7 increased revenues and news of major growth steps
Revenues with the new wells this summer will increase the revenues the next couple of quarters. They are adding to the three main sites now and look for this to show up the next two quarters now. With crude also higher this year we should see about a fifty percent or more increase in revenues now
8 board or stock has not been abused by daytraders on the ihub or is not known at all
This board now when I found this in the last month was very quiet and only had a few long term and daytraders posting here. It has doubled already in following this week from the Waveriders as well as pennybusters.com alerts. I also feel with the nature of how we alerted this mostly to the Tsunamiwave and wave readers we have the majority of shares there now. We have the price floor set now above the .0023 and ready to test the .005 as the board grows following this weekend .
Key is now to break the 100 marks on this email before the end of the week as more long term and mid term buyers enter from the wave.
9 the level 2 has room to grow and allow all the Wave readers to get in at a great price
We have alerted this several times to buy up the usual end of the week exit of daytraders. Those now in I feel have room now to buy more and I feel safe for any entry below the .003 this week. I will not release this email onto IHUB till Wednesday for all the readers to buy as many shares they want Do your full dd and I have provided adequate information in this email to get started now
10 after this early alerts the stock still has room for major buyers to get in and increase volume plus allow profit
and increase for all the first couple of days.
With the buy in of the wave readers from Fridays dip and this full dd sheet there is plenty of room for 100% increase in price this week below the .003 and room for many all the way to back over the penny like earlier this year. Buy all you want as I feel this has much upside potential the next month and should grow on the IHUB as well very fast like the HBRM did earlier this year on The Wave theory. | | Further notes on Oil Production from our friend SOUTHGASwho many know and has vast experience in oil and gas business.
I trust this information as I know he has been in the business for years now He has also allowed me to share this information as he sees great prices ahead here.
You have helped me a lot Ali and anything I can do to help with the understanding I hope it does help.I did find this peroration schedule which shows some of the wells Friendly Energy has and their production.That is a regulatory thing they have to basically let the government know the schedules of the wells production. Here it is so at least we have some info to start with..
OIL AND GAS PRORATION SCHEDULE LISTED BY OPERATOR JUNE 2012
FRIENDLY ENERGY SERVICES, INC. STATUS DATE 04012012
2610 LINN STREET UPDATED THRU 05/25/2012
CORPUS CHRSTI TX 78410 DAYS 30 FACTOR 100
OIL-WELLS 04-1 WELL # DAILY-ALLOW MONTHLY-ALLOW
DIST FIELD/LEASE NAME LSE MOV-BAL REC # OIL(BBL) GAS(MCF) OIL(BBL) GAS(MCF)
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
04 WHITE POINT, EAST
KIRK, J. R. 03334 13 14B DENY
KIRK, W. E. 03335 4 14B DENY
6 14B DENY
TEETER, J. A. 03345 1 14B DENY
2 14B DENY
WHITE POINT, EAST (HET 4600)
KIRK, J. R. 03695 3-U 14B DENY
WHITE POINT, EAST (5000 SD.)
KIRK, J. R. 12090 5 14B DENY
7B BROWN COUNTY REGULAR
HAMP BYLER 00194 -5 1 0# 0 0 0
1 NO PROD
2-A NO PROD
2-B 14B DENY
3 14B DENY
6 NO PROD
9 14B DENY
10 14B DENY
NECIE BYLER 44 09830 1 0# 0 0 0
PANTHER CREEK U 28462 -157 A 0# 0 0 0
5-A DLQ W-10
BYLER H (MARBLE FALLS)
BYLER, H. 25157 2 NO PROD
5 14B DENY
TEAGUE-SAGE (ELLENBURGER)
A. HUNT 29786 2 14B DENY
3 14B DENY
TEAGUE (ELLENBURGER)
GOBBLER HOLLOW 29479 -43 2 14B DENY
KELLER 29787 -56 1-B 14B DENY
2B 14B DENY
THRIFTY, S. (CHAPPEL REEF)
EXPLO-THOMAS 24966 1 14B DENY
THOMAS 29788 56 1-R NO PROD
VAN WINKLE (CADDO)
EAST CHALKER 21461 23 1 5# 88 150 2640
GAS-WELLS GAS ALLOW
DIST FIELD NAME I.D. LEASE NAME WELL MO. MCF STATUS
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
OIL AND GAS PRORATION SCHEDULE LISTED BY OPERATOR JUNE 2012
FRIENDLY ENERGY SERVICES, INC. STATUS DATE 04/01/2012
GAS-WELLS GAS ALLOW
DIST FIELD NAME I.D. LEASE NAME WELL MO. MCF STATUS
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
04 WHITE POINT, EAST (2300)
117781 KIRK GAS UNIT 9 14B2 EXT
04 WHITE POINT, EAST (3400)
169310 J. R. KIRK GU 7 14B2 EXT
7B TEAGUE-SAGE (ELLENBURGER)
187486 HUNT, A. 1 0N
7B THRIFTY, S. (CHAPPEL REEF)
121450 BOHANNON 1 0N
125727 SAGE-KEPLER 1 0N
127892 SAGE-KELLER 1 14B2 EXT
128588 SAGE-KEPLER "A" 2 0N
128817 EXPLO-THOMAS "A 2 0$
129378 SAGE-KEPLER "B" 3 0N
129836 EXPLO-KELLER 1 14B2 EXT
130606 SAGE-KELLER "A" 2 14B2 EXT
130607 SAGE-THOMAS 1 0N
130980 EXPLO-OTT 1 0N
131193 SAGE-BREEDLOVE 1 0N
131364 SAGE-KELLER "B" 3 14B2 EXT
133769 ATC THOMAS 2 14B2 EXT
138793 RAMAGE, T. C. 1 14B2 EXT
202387 GOBBLER HOLLOW 1 0N
206658 GOBBLER HOLLOW 3 0N
227674 SAGE-OTT "A" 2 0N
I looked at FEGR Ali and they seem to be a stripper company where they go in and buy older wells to redevelop them.This can be quit profitable as like 25% I believe of the oil and gas produced is from these type wells.The company as you probably know look to being red tape stage as they are basically upside down in their finances from reading the 10Q.I don't know why they are not having more results though since they acquired these leases for the most part in 2009 -over 3 years ago.They had $135,873 in revenues to date I read but is that from inception or the past year?It takes money to do these type things for sure and the pay back isn't overnight always.There are a lot of things to do and the positives are that they can go in and rediscover a passed up geological formation zone and also sometimes these old wells were abandoned and newer technology that we have now days is all they need to be brought back to kicking again.The company to me has a positive in that the officers are basically putting their own money into this so if we look at it that way - its not unlike an insider buying up huge shares which is always a positive.The way they are buying into it though is through financing with their own savings which is even if not more a positive than insider buying shares is.I tried to do some looking into the Railroad commission well data but I don't have enough info to begin really.All I can confirm is the company is registered with the RR commission.Well wish I had more to tell but they do have a great promising business but I personally would like to see some well updates info and may try and call em this week to see if they can give us more of that.Hope this helps some Ali.I talk to you later friend.
Hey Ali I been studying Friendly energy's Mission statement and what their plans are also,Looks like they are trying to get the show going here and this isn't done overnight or even over months.Lots of forms and legal docs have to be administered and signed.Looks like they are wanting to do dome IN-field drilling also which has had good success.They basically drill in between existing wells and try to tap the reserves that could only be took by horizontal drilling which is much more costly.The old wells you see in old pictures with the wooden rigs every where was like In fill drilling.They wasted no space.A lot of oil is missed.Also we need to see that this is a new company they are refurbishing tank farms and equipment with some wells already reworked.I believe the revenues will be there after they get the infrastructure ready because with out it there is no where to put the salt water and stuff like transportation lines for the gas have to be evaluated and hydrostatic tested.They will be needing to pig out the lines in which they run a "pig' which is a plastic plug type device used to run through the lines and clean them out and they also have cameras to inspect them with now days.So when we see the impatient nay Sayers what they don't understand or comprehend is they purchased this in 2009.Lets give em a year for the legal and red tape and planning which would probably started in 2010.Bring us to 2011 they get the ducks in a row and start lining up contractors to do the reworking and the revamping of the systems they purchased.They are probably gong to be showing some revenues increases by 2013 I would think if all goes to plan.The one thing that keeps me from studying them farther is lack of well names and numbers because cant really look at production reports or any thing with out that.But in all fairness they are listed with he Rail Road commission which means their legit.Also to be fair they may have a protectionist reason for not revealing too much at the moment-especially if they are looking at huge future potential numbers.Even though they have been shown since 2005 the main course has just started and with a small company 2 years is not long to be getting an acquired field in order and ready for production.Remember- if anyone says well why haven't they shown any revenues from the wells we have to remember again- the well is only part of the equation.You have to transport the product.Tootsie rolls aren't worth a darn if you truckers don't transport them to where the sales are.Just like oil and gas they have to be transported to sell points or hauled off in the case of oil but the tank farm needs to finish being refurbished before the government will let them store a drop there for hauling.The clock for small company's runs much slower as I have seen small company work over a well -for 3 months because the owner was having to wait for financing to come through were some of my customers like Devon well they cant get it done fast enough.That my friend is the difference between investing in a small oil and gas co. with potential and a huge one. Course with the Devon's also is the share price way up there LOLs.I do believe again this company being QB and just being a stripper company-you cant just say I want to be a stripper oil and gas co. you have to agree to a set of requirements when you buy orphan wells especially now days so only a person who is dedicated would even begin to get into this.That and the fact again the officers are putting their own mo mo on the line tells me this is the real deal here.Sorry to be so long winded but wanted to give you some info that I hope can be useful to you Ali.Just wish I had the name of some of those wells LOLS Great area there though near the Barnett Shell play which is a huge en indeed. | |
Friendly Energy Exploration
Growth Oriented, Well Positioned
About Us Management Team
Douglas Tallant
President and CEO
Formed and managed several public companies
B.S., Mechanical Engineering, U.of OK.
Donald Trapp
CFO
25 year involvement in oil & gas
Economic and Financial Analyst
M.S., Nuclear Engineering, M.I.T.
D. Rick Hutchins, Ph.D.
COO and Geologist
Heather VanDorn
Comptroller
M.B.A. Business Content copyright 2013. FRIENDLY-ENERGY-EXPLORATION.COM. All rights reserved. | | Contact Us Friendly Energy Exploration
502 North Division Street
Carson City, NV 89703
Sean Tallant
970-464-2619
stallant@fegr.biz | | | |
