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Friday, March 16, 2012 12:34:52 AM
New $$$~UNGS~$$$ DD~ 50% more active wells...
$$$~UNGS~$$$~OTCQB~425M O/S~New IR~Share buyback~90% off!!!
Stock Information
Capital Structure
Symbol- UNGS
SharesOutstanding- 423,216,879
AuthorizedShares- 1,800,000
Warrants- 59,063,415
FiscalYear- December31st
Reporting- Fully
Traded- OTCQB
Website: http://www.usnatgascorp.com/
PHOTO GALLERY OF NATURAL GAS PRODUCING WELLS:
http://www.usnatgascorp.com/natural_gas_gallery.html
PHOTO GALLERY OF CRUDE OIL PRODUCING WELLS:
www.usnatgascorp.com/crude_oil_gallery.html
LIST OF ~UNGS~ OWNED SUBSIDIARIES...
http://www.usnatgascorp.com/subsidiaries.html
US Natural Gas Corp KY ("USNG KY")
USNG KY is a wholly owned subsidiary which is responsible for the day to day operations of the Company's oil producing properties in Kentucky. Presently, USNG KY operates thirty oil wells of which 14 are in production in southern central Kentucky, and maintains a leasehold base of approximately 5700 acres. USNG KY will continue to rework and place acquired wells into production while growing the leasehold base. USNG KY recently launched a new drilling program targeting the Knox formation on the Turner leasehold in Green County, Kentucky with a goal of drilling three to four wells prior to year's end.
US Natural Gas Corp WV ("USNG WV")
Formerly Wilon Resources, Inc., USNG WV is a wholly owned subsidiary which is responsible for the day to day operations of the Company's natural gas development project in Wayne County, West Virginia. USNG WV operates 115 natural gas wells, 3 oil wells, and maintains a leasehold base of approximately 12,000 acres. The Company is placing the wells back into production on an individual basis after a series of tests and installation of completion components. At present, the Company has 30 wells in production and anticipates this number to increase to 60-65 by the end of August. The Company has entered into a purchase agreement allowing for firm capacity delivery of production, alleviating any reoccurring concerns of indefinite shut-in periods.
E 3 Petroleum Corp ("E 3")
E 3 is a wholly owned subsidiary which is the sole operating and bonding entity for the Company's wells in the states of West Virginia and Kentucky.
E 2 Investments, LLC ("E 2")
E 2 is a wholly owned subsidiary which focuses on acquiring assets valued or equities trading at inherently depressed levels. At present, E 2 owns the mineral rights on 180 acres of land in Wayne County, West Virginia, and a minority stake in a publicly traded specialty retailer catering to the hunting industry.
SLMI Options, LLC ("SLMI")
SLMI is a wholly owned subsidiary which focuses on the acquisition of corporate debt. SLMI was acquired by the Company in 2009 and currently holds in excess of $1.0 million in third party corporate debt.
IMPORTANT DD ON "E 3"
“E 3 is a wholly owned subsidiary which is the sole operating and bonding entity for the Company's wells in the states of West Virginia and Kentucky.”
https://apps.dep.wv.gov/oog/wellsearch_new.cfm
1) Uncheck every box on the center/right side of the search menu except “Use operator name in search”
2) In box for “Operator Name”, type in “e 3 petroleum” and then hit search.
3) Hit continue on the next page. After that the next screen that comes up has the UNGS well list.
This is another crucial piece of PPS soaring evidence…
Per company website:
“At present, the Company has 30 wells in production and anticipates this number to increase to 60-65 by the end of August.”
Although they had 30 wells in production then, if you count the number on the list, it is over 44 wells that are in active production now, and this is ONLY West Virginia.
The company is making good on it’s word and there is 50% increase in the number of wells in a few short months.
Proof of operation in Kentucky:
http://kgs.uky.edu/kgsweb/DataSearching/OILGAS/ElogDownload.asp?recno=139426
-Click on the “black and white image” that is .53mb. Once downloaded you can zoom in on it very well and see the approval by the KY dept. and the operator name “E 3 Petroleum Corp” on the top of it.
IMPORTANT RECENT PPS BOOSTING NEWS:
NEWS~US Natural Gas Corp Updates Shareholders on Production Activity and Addresses Valuation:
"Market Capitalization at a 90% Discount to Book Value"
http://www.otcmarkets.com/stock/UNGS/news
NEWS~US Natural Gas Corp Board Approves Extension to Announced Share Repurchase Plan and Approves New Repurchase Plan :
“Board Approves New Two Year $400,000 Share Repurchase Plan”
http://www.otcmarkets.com/stock/UNGS/news
Usnatgascorp.com is 7# in goggle search rankings for the search term “US natural gas”
I know this sounds funny considering the company name but the term “US/ U.S natural gas” is a highly searched term and that will no doubt help our PPS’ cause.
http://www.google.com/trends/?q=us+natural+gas
The symbol “ungs” has also received increased search activity:
http://www.google.com/insights/search/#q=us%20natural%20gas%2Cu.s.%20natural%20gas%2Cungs%2Cstock%20ungs&cmpt=q
~TERRIFIC DD AND PRIMER FOR *UNGS* BY PhisHD~
"""""""
Some DD From the 10Q rec. on Nov. 14th:
Total Liabilities: $2,196,722
Total Assets: $5,913,178
Stockholders equity: $3,166,456
Page F-3
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8239606
Quote:
________________________________________
In light of this disclaimer, management can underscore that with a market capitalization of approximately $250,000, the Company's current valuation is an approximately 90% discount to its book value of $3,166,456.
________________________________________
http://ih.advfn.com/p.php?pid=nmona&article=50867894
http://www.otcmarkets.com/stock/UNGS/company-info
-Now on page F-8 of the 10Q it states how many shares can enter the market at certain prices...
-For example it states 210,687,322 were issued for debt reduction and can be sold between .001 and .01(the largest grouping)
-And 30,371,788 were issued for consulting services and other services between .002 and .012
-And 3,631,313 were issued for cash and can be sold between .008 and .015
-From the trading and the volume on the chart, most, if not all, of the largest group were already sold and I think some if not most of the 30 million + holding were sold by the trading and volume the recent month...This is my opinion of course!
-If this is true this could leave a clean shot to .01 without disturbance minus retail selling...
-Back to book value...Now if the company has $3,166,456 positive book value, we divide that by the 365,633,608 OS and PPS should be at .0086 given the book value from their 10Q!!!
-Now if the 2 largest groups of shares have already hit the OS then add 365,633,608 + 210,687,322 + 30,371,788 = 606,692,718 total OS!!
-And divide the book value of $3,166,456 by the possible OS of 606,692,718 and PPS should be at .0052!!!
-And let's not forget the company has the ability to buy back $400,000 worth of shares on the open market for the next 2 years as funds become available to allocate towards the repurchase!!
Quote:
________________________________________
Under terms of the new plan, the Company is authorized to repurchase up to $400,000 of its common stock over the next 24 months.
________________________________________
http://ih.advfn.com/p.php?pid=nmona&article=50885365
The companies PPS should be between .0052-.0086!!!
A very possible 5-10 Bagga from here!!! """"""
~REMEMBER THE NEW WELLS ONLINE COULD BOOST BOOK VALUE BY 50% AS WELL. .016 could be the new target!!!
DD FROM MMSTOCKPLAY ON ~UNGS~:
~MMSTOCKPAY RECENTLY ALERTED AAPT FOR AN AMAZING 10X~
http://www.mmstockplay.com/
US Natural Gas Corp - UNGS
DATE SHARES PRICE
03/14/2012 1,750,000 $0.0009
3/15/2012 - The base was stronger than ever today on UNGS as it refuses to drop below .0008. Look for sells at .0008 to turn into ASK slaps at .0009 soon. There were close to 20million sitting on the Bid at .0007 today. If the ask slaps start on .0009, these people will be chasing! UNGS looks to be turning upwards very soon. I'm glad I'm not on the sidelines watching.
3/14/2012 - I bought a starter position in UNGS based off of a few things today. The biggest factor has been the support I have seen around the 50 day MA over the past several trading days. At one point today, there was 18 million shares on the Bid at .0008. UNGS has a relatively low RSI at 47.41, and an even lower one when you look at the weekly chart below. The chart also appears to show that the accumulation/distribution line may cross into a Bullish pattern in the next day or so, if the trends stay the same. I look to see this trading around .002 in the near future. As an actual company, with actual earnings, and with an OS of under 400,000,000, look for UNGS to go up from these levels.
UNGS has a lot of stuff going on right now, which is why it will have it's large gaining days soon enough. They have been acquiring oil wells throughout 2012 and have been putting them into production. The UNGS board Approved a $400,000 SHARE REPURCHASE PROGRAM. That is $400,000 that will be coming into the market and swallowing up shares, in addition to all Retail. However, the biggest thing to me is the fact that they own a bunch of land with a heavy surpluss of Natural Gas. HAVE ANY OF YOU SEEN HOW MUCH FRACKING stocks have taken off!? Just google fracking stocks and you will see. UNGS is way undervalued at these levels. Use the links below to do your own DD!
$$$ ADD UNGS TO “MY STOCKS”:
http://investorshub.advfn.com/boards/profiles.aspx?mode=search&string=UNGS
$$$~UNGS~$$$~OTCQB~425M O/S~New IR~Share buyback~90% off!!!
Stock Information
Capital Structure
Symbol- UNGS
SharesOutstanding- 423,216,879
AuthorizedShares- 1,800,000
Warrants- 59,063,415
FiscalYear- December31st
Reporting- Fully
Traded- OTCQB
Website: http://www.usnatgascorp.com/
PHOTO GALLERY OF NATURAL GAS PRODUCING WELLS:
http://www.usnatgascorp.com/natural_gas_gallery.html
PHOTO GALLERY OF CRUDE OIL PRODUCING WELLS:
www.usnatgascorp.com/crude_oil_gallery.html
LIST OF ~UNGS~ OWNED SUBSIDIARIES...
http://www.usnatgascorp.com/subsidiaries.html
US Natural Gas Corp KY ("USNG KY")
USNG KY is a wholly owned subsidiary which is responsible for the day to day operations of the Company's oil producing properties in Kentucky. Presently, USNG KY operates thirty oil wells of which 14 are in production in southern central Kentucky, and maintains a leasehold base of approximately 5700 acres. USNG KY will continue to rework and place acquired wells into production while growing the leasehold base. USNG KY recently launched a new drilling program targeting the Knox formation on the Turner leasehold in Green County, Kentucky with a goal of drilling three to four wells prior to year's end.
US Natural Gas Corp WV ("USNG WV")
Formerly Wilon Resources, Inc., USNG WV is a wholly owned subsidiary which is responsible for the day to day operations of the Company's natural gas development project in Wayne County, West Virginia. USNG WV operates 115 natural gas wells, 3 oil wells, and maintains a leasehold base of approximately 12,000 acres. The Company is placing the wells back into production on an individual basis after a series of tests and installation of completion components. At present, the Company has 30 wells in production and anticipates this number to increase to 60-65 by the end of August. The Company has entered into a purchase agreement allowing for firm capacity delivery of production, alleviating any reoccurring concerns of indefinite shut-in periods.
E 3 Petroleum Corp ("E 3")
E 3 is a wholly owned subsidiary which is the sole operating and bonding entity for the Company's wells in the states of West Virginia and Kentucky.
E 2 Investments, LLC ("E 2")
E 2 is a wholly owned subsidiary which focuses on acquiring assets valued or equities trading at inherently depressed levels. At present, E 2 owns the mineral rights on 180 acres of land in Wayne County, West Virginia, and a minority stake in a publicly traded specialty retailer catering to the hunting industry.
SLMI Options, LLC ("SLMI")
SLMI is a wholly owned subsidiary which focuses on the acquisition of corporate debt. SLMI was acquired by the Company in 2009 and currently holds in excess of $1.0 million in third party corporate debt.
IMPORTANT DD ON "E 3"
“E 3 is a wholly owned subsidiary which is the sole operating and bonding entity for the Company's wells in the states of West Virginia and Kentucky.”
https://apps.dep.wv.gov/oog/wellsearch_new.cfm
1) Uncheck every box on the center/right side of the search menu except “Use operator name in search”
2) In box for “Operator Name”, type in “e 3 petroleum” and then hit search.
3) Hit continue on the next page. After that the next screen that comes up has the UNGS well list.
This is another crucial piece of PPS soaring evidence…
Per company website:
“At present, the Company has 30 wells in production and anticipates this number to increase to 60-65 by the end of August.”
Although they had 30 wells in production then, if you count the number on the list, it is over 44 wells that are in active production now, and this is ONLY West Virginia.
The company is making good on it’s word and there is 50% increase in the number of wells in a few short months.
Proof of operation in Kentucky:
http://kgs.uky.edu/kgsweb/DataSearching/OILGAS/ElogDownload.asp?recno=139426
-Click on the “black and white image” that is .53mb. Once downloaded you can zoom in on it very well and see the approval by the KY dept. and the operator name “E 3 Petroleum Corp” on the top of it.
IMPORTANT RECENT PPS BOOSTING NEWS:
NEWS~US Natural Gas Corp Updates Shareholders on Production Activity and Addresses Valuation:
"Market Capitalization at a 90% Discount to Book Value"
http://www.otcmarkets.com/stock/UNGS/news
NEWS~US Natural Gas Corp Board Approves Extension to Announced Share Repurchase Plan and Approves New Repurchase Plan :
“Board Approves New Two Year $400,000 Share Repurchase Plan”
http://www.otcmarkets.com/stock/UNGS/news
Usnatgascorp.com is 7# in goggle search rankings for the search term “US natural gas”
I know this sounds funny considering the company name but the term “US/ U.S natural gas” is a highly searched term and that will no doubt help our PPS’ cause.
http://www.google.com/trends/?q=us+natural+gas
The symbol “ungs” has also received increased search activity:
http://www.google.com/insights/search/#q=us%20natural%20gas%2Cu.s.%20natural%20gas%2Cungs%2Cstock%20ungs&cmpt=q
~TERRIFIC DD AND PRIMER FOR *UNGS* BY PhisHD~
"""""""
Some DD From the 10Q rec. on Nov. 14th:
Total Liabilities: $2,196,722
Total Assets: $5,913,178
Stockholders equity: $3,166,456
Page F-3
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8239606
Quote:
________________________________________
In light of this disclaimer, management can underscore that with a market capitalization of approximately $250,000, the Company's current valuation is an approximately 90% discount to its book value of $3,166,456.
________________________________________
http://ih.advfn.com/p.php?pid=nmona&article=50867894
http://www.otcmarkets.com/stock/UNGS/company-info
-Now on page F-8 of the 10Q it states how many shares can enter the market at certain prices...
-For example it states 210,687,322 were issued for debt reduction and can be sold between .001 and .01(the largest grouping)
-And 30,371,788 were issued for consulting services and other services between .002 and .012
-And 3,631,313 were issued for cash and can be sold between .008 and .015
-From the trading and the volume on the chart, most, if not all, of the largest group were already sold and I think some if not most of the 30 million + holding were sold by the trading and volume the recent month...This is my opinion of course!
-If this is true this could leave a clean shot to .01 without disturbance minus retail selling...
-Back to book value...Now if the company has $3,166,456 positive book value, we divide that by the 365,633,608 OS and PPS should be at .0086 given the book value from their 10Q!!!
-Now if the 2 largest groups of shares have already hit the OS then add 365,633,608 + 210,687,322 + 30,371,788 = 606,692,718 total OS!!
-And divide the book value of $3,166,456 by the possible OS of 606,692,718 and PPS should be at .0052!!!
-And let's not forget the company has the ability to buy back $400,000 worth of shares on the open market for the next 2 years as funds become available to allocate towards the repurchase!!
Quote:
________________________________________
Under terms of the new plan, the Company is authorized to repurchase up to $400,000 of its common stock over the next 24 months.
________________________________________
http://ih.advfn.com/p.php?pid=nmona&article=50885365
The companies PPS should be between .0052-.0086!!!
A very possible 5-10 Bagga from here!!! """"""
~REMEMBER THE NEW WELLS ONLINE COULD BOOST BOOK VALUE BY 50% AS WELL. .016 could be the new target!!!
DD FROM MMSTOCKPLAY ON ~UNGS~:
~MMSTOCKPAY RECENTLY ALERTED AAPT FOR AN AMAZING 10X~
http://www.mmstockplay.com/
US Natural Gas Corp - UNGS
DATE SHARES PRICE
03/14/2012 1,750,000 $0.0009
3/15/2012 - The base was stronger than ever today on UNGS as it refuses to drop below .0008. Look for sells at .0008 to turn into ASK slaps at .0009 soon. There were close to 20million sitting on the Bid at .0007 today. If the ask slaps start on .0009, these people will be chasing! UNGS looks to be turning upwards very soon. I'm glad I'm not on the sidelines watching.
3/14/2012 - I bought a starter position in UNGS based off of a few things today. The biggest factor has been the support I have seen around the 50 day MA over the past several trading days. At one point today, there was 18 million shares on the Bid at .0008. UNGS has a relatively low RSI at 47.41, and an even lower one when you look at the weekly chart below. The chart also appears to show that the accumulation/distribution line may cross into a Bullish pattern in the next day or so, if the trends stay the same. I look to see this trading around .002 in the near future. As an actual company, with actual earnings, and with an OS of under 400,000,000, look for UNGS to go up from these levels.
UNGS has a lot of stuff going on right now, which is why it will have it's large gaining days soon enough. They have been acquiring oil wells throughout 2012 and have been putting them into production. The UNGS board Approved a $400,000 SHARE REPURCHASE PROGRAM. That is $400,000 that will be coming into the market and swallowing up shares, in addition to all Retail. However, the biggest thing to me is the fact that they own a bunch of land with a heavy surpluss of Natural Gas. HAVE ANY OF YOU SEEN HOW MUCH FRACKING stocks have taken off!? Just google fracking stocks and you will see. UNGS is way undervalued at these levels. Use the links below to do your own DD!
$$$ ADD UNGS TO “MY STOCKS”:
http://investorshub.advfn.com/boards/profiles.aspx?mode=search&string=UNGS
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http://investorshub.advfn.com/boards/board.aspx?board_id=22271
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