Alaska Oil & Gas Ltd (fka AKOL)

[ezway2go]

[dragon52]

nanuk... thanks.

since you are where the action is... that is good.

what do you perceive the outcome of drilling in alaska will be?

[nanuk]

Know this; there are some legitimate small companies in Cook Inlet, such as Prodigy, Aurora, Forest (which has actually installed a platform and proceeded to downgrade estimated reserves from 56,000,000 bbl to 8,000,000 bbl), and Pelican Hills, which recently pulled out after drilling several dry holes. I'm on contract to Unocal, which has 9 platforms and 2 onshore production facilities, and Conoco-Phillips, which has one platform, one onshore facility and an LNG plant which, in partnership with Marathon, exports LNG to the far east. I have shown the AKOL press releases to the people who run this field; they have no idea who AKOL is. AKOL themselves have not been forthcoming when I questioned them directly as to the location of the Fowler Prospect, referring me to their moronic website.

Escopeta Oil & Gas has 128,000 acres of leases adjacent to the producing field in Cook Inlet. A retired Unocal geologist has reworked existing seismic data using a new method and believes there are trillions of cubic feet of gas and hundreds of millions of barrels of oil on these leases, but it is far deeper than the existing field. Getting to it will be a huge, incredibly expensive gamble. Escopeta is a small independent without the resources to attempt this on their own. Even the majors wouldn't touch this on their own. One dry hole on the Steelhead platform cost Unocal almost 13 million dollars, and it was nowhere near as deep as Escopeta needs to go. That was drilled from a production platform, alleviating the need for a jack-up rig which costs up to $100,000 per day.

This is all verifiable. What is not verifiable is the ethics of people who make money on bogus press releases. A legitimate oil company would have more than a website and an answering service pretending to be their administration. The only reason I ever got involved in this is because this field is dying. There are 4 "lighthouse" platforms, shut in, unmanned and only producing enough gas to run the marker lights. This whole field would have been gone in the 80's if the State would have allowed Unocal to cut the platforms off at the mudline and tow them to deep water and sink them. The State said no, you will cut them off 40 feet below the mudline and bring them onshore for bioremediation. The upshot of this is that it would cost 15 to 20 million per platform to remove them. Thusly, the Cook Inlet oilfield survived. Unocal would be out of here today if they had their way, but it was too expensive.

The recent oil price spike has led Unocal to invest some money in existing production facilities which have been allowed to decline in the abandonment mode under which they had been operating. Oil needs to remain over $35.00 per barrel to make this field viable, so this may be an ephemeral phenomenon. So far, Unocal has not committed to punching new holes, only reworking existing wells to increase production.

My livelihood depends on this oilfield. That is why, when Frontier Oil and Gas showed up on my Yahoo home page last October, I was interested. I work in an oilfield support industry; I don't care who uses our services as long as someone keeps my paycheck coming. Oil companies are pretty secretive when it comes to their plans for the future, and they have been known to disinform for strategic purposes. I don't claim to know what the future will bring in Cook Inlet, but I have been observing it closely for over 25 years. You say I'm questionable? Bring your extensive knowledge to the table.

[downtherathole]

good luck on this one---just don't overstay your market. rich

[farnrth1]

when I look at the charts back to October I see a stock that looks to have been under heavy shorting pressure. Hmmm agenda?Imo

[chapter54]

alarmguy2

Thank you.
See you there, as well.

54

[chapter54]

rike

Same here, thanks.

54

[dragon52]

Just to show that I do see the other side... got an email reply

from the "boss" Needham and this is what he said based on what I asked from the website contact us....
________________________________________________________________


Sir,

We are doing our best. To actually tap it this year would be incredible for the company let alone shareholders.

We are working on it.

R. Needham

----- Original Message -----
From: Russell
To: [e-mail]
Subject: Your potential
Date: Wed, 16 Mar 2005 17:20:55 -1000

>
> Read the stats and all looks fine and good....
>
> So when do you start to tap this huge potential that is only 300' away? Any time frame this year?
>
> Thanks
>
> russell
<< winmail.dat >>

_______________________________________________________________

The potential for this is there... but wouldn't put my eggs all in one basket looking for a home run... but would not mind taking a small stake in it just in case it should blossom... of course we know it will take the rest of the year and then some... so take it for what its worth.

[dragon52]

Like we don't know you from jack either....

hear you have been putting out some things that are questionable also... and like where is the credibility?

to each his own... we takes our chances.

have a great day.

[downtherathole]

it's still under the old name FOGL. the board is essentially dead. rich

[kyguy_05]

Raging Bull I checked out first and had no luck. They usually have all this shit like this.

[rike]

.055 by my charts.

[chapter54]

Question and Observation

The question would be, does anyone know if there is an AKOL thread hidden somewhere on Raging Bull? I've looked, and cannot find one.

The observation is, (if you'll forgive my keen sense of the obvious) while today could have been better, it certainly could have been worse. All-in-all, a good session.

54

[excel]

"Please, God, give me one more oil boom and I promise I won't piss it away this time."

I can relate to that considering some trades I've made in the last 5 years. LOL!

[nanuk]

No, and I know these people personally. They are Homerrhoids and won't be satisfied until the oil industry is out of Cook Inlet and all of Alaska. Up here in Nikiski the mood is more "Please, God, give me one more oil boom and I promise I won't piss it away this time."

[kyguy_05]

I know this is not a great stock. Name some at this price that
are of high quality. Would you ever expect it to move above 0.06
This is not an easy stock to get info on as you know. I probably
should have sold it yesterday as I am doing quite well on it.
Thanks

[chuckrmon22]

nanuk,

You wouldn't belong to one of Cook Inlets' environmentalist groups up there would you??

Like Cook Inlets' Keeper???

Just asking nanuk...out of pure curiosity.


chuckrmon

[nanuk]

You are either denser than the core of the sun, trying to make an unethical fast buck on something you know to be a scam, or Needham/Mancini typing on a wireless laptop on the beach in Aruba. Anyone who wants to know why I'm posting on this board can go back to my original posts starting in 10-2004. I LIVE HERE, YOU MORON!!!!! I know more about the Cook Inlet oilfield by accident than the remainder of this board knows by "due dilligence".

If you would like to meet me, be at the Night Watch in Soldotna this Saturday at 800PM. Just stay on the Sterling Highway, it's the first left after you cross the river. I'll be having a cold one and visiting Annie and Randy, one old friend and one new one who works on the Anna platform. I'm buying. The conversation should be interesting.

[farnrth1]

nanuk has a personal vendetta against the company. Im happy up 350% and looking for more. got the momo going

[cashwealth]

sonus, I called and left messages couple of time. I sold yesterday and I will not look back. Looks like it's not worth it.
GLTY

cw

[chapter54]

O/S

Appears to be 80,000,000 shares as of July, last year. As to now, who knows. Perhaps a call to TX is in order?

11757 Katy Freeway
Suite 1300
Houston, TX 77079

Phone: [phone]

http://www.pinksheets.com/quote/company_profile.jsp?symbol=AKOL

[chapter54]

Alaskans Wary of Vote on Oil Drilling

http://story.news.yahoo.com/news?tmpl=story&cid=519&ncid=519&e=2&u=/ap/20050317/ap_o...

Even with just 284 residents, Kaktovik is the largest town on the Arctic National Wildlife Refuge's coastal plain. Mayor Lon Sonsalla said just about everyone has concerns about changes that could accompany any work in the 1.5 million-acre stretch, where billions of barrels of crude oil are believed to rest beneath the tundra.

[mikeyrags]

Some more SELL DD. Alaskan Oil and Gas Ltd. holdings are in the Cook Inlet oil basin. This is near Anchorage, Alaska in southern Alaska.

ANWR (Arctic National Wildlife Refuge) is located in northeastern Alaska.

Map: http://arctic.fws.gov/maps.htm

Also the stock has gone from .003 (March 3) to .06 (March 17) with no company news.

http://www.alaskanoilngas.com/

[listener]

"I would love to see the Cook Inlet oilfield boom again, but the prospects are not good."

Really ? Is that why you are here? In the time that you have been naysaying AKOL you could have made a sizeable gain just buying the stock you've been bashing (and uh, not shorting ?).

So did you just watch it go up +1000% or did you get some ? I hope for your sake you made some $ on this.

I found this information (below) and you ignored it in your reply. I feel you are not coming clean here. JMHO. Good luck to you anyways.

" 70% of Alaskans rely on Cook Inlet natural gas to heat and light their homes and businesses.  With proven reserves of Cook Inlet natural gas estimated to last 10 to 12 years, new reserves must be developed to prevent critical shortages of this important energy source."

[nanuk]

Go back to last October on this board and your questions should be answered. I am not only not shorting this stock, I have no investment in this or any other oil stock outside my 401k, and that is strictly mutual funds. I would love to see the Cook Inlet oilfield boom again, but the prospects are not good. Do some real homework.

[mikeyrags]

SUKKERS THINK FOGL AND BUSHES ALASKA BS WILL SEE AKOL DRILLING..LMAO...WONT SEE OIL FOR 10 YEARS!

[mikeyrags]

BOY DID WE GET PHUKKED GREG SELLING FOGL. LOOK AT THE SCAM RUN. FROM .14 DOWN TO .007 NOW ??

[mikeyrags]

greg/excel..i sold akol too early..took 5k loss :(
bought .14 sold .02 :(

[listener]

Nanuk: What are you doing on this message board?

I you short this stock or have a dispute w/the principals of AKOL ?

I found this information.

" 70% of Alaskans rely on Cook Inlet natural gas to heat and light their homes and businesses.  With proven reserves of Cook Inlet natural gas estimated to last 10 to 12 years, new reserves must be developed to prevent critical shortages of this important energy source."


The suggestion (below) that you made suggests you either don't understand the economic importance of the Cook Inlet or have a personal objective here to downplay the positive interest generated around AKOL.

Your humorous & wholly unsubstantiated statement :

"If Chevron-Texaco purchases Unocal, as is rumored, Cook Inlet will not even be a gnat on a dead whale's ass. They will either uproot the platforms or give them to someone who will assume the environmental liability to remove them. So far there are no takers."

[nanuk]

You forgot to mention that BS is overflowing. This is a very important stat to the average investor. You may make money shuffling paper, but producing oil and gas takes more than a lame website and 80,000,000 shares of penny stock. One day rate for a jack-up rig costs more than all of AKOL's market cap.

[nanuk]

I'm just another laborer in the Cook Inlet oilfield. I only know what I hear and see, and that is that this field is dying. If ANWR opens, this field will be orphaned. Unless Unocal is willing to hand the keys to some upstart, which they have not been for the past 15 years, this field is on the way out. If Chevron-Texaco purchases Unocal, as is rumored, Cook Inlet will not even be a gnat on a dead whale's ass. They will either uproot the platforms or give them to someone who will assume the environmental liability to remove them. So far there are no takers.

I could expound, but I don't have the time or space. Suffice it to say I have no tips for investing in Cook Inlet oilfield companies. There may be some; I just don't know about them. There are several small companies trying to raise cash to tap the reserves the majors do not deem worthwhile to pursue. These reserves are far from certain and mostly very deep and costly to pursue. One well would be a make or break for a conglomerate of small companies. So far no legitimate plans to "go deep" are in the offing. Alaskan Oil & Gas has no role in any exploration plans in Cook Inlet that I know of.

[dragon52]

Another 100% plus day and this might just hit .05

And why not. Super bullish OBV going ballistic... huge volume buys.



MA's are going bullish and crossing over which is a very good sign of an upward trend.

Stochastics are starting to move to overbought but can easily be changed if this breaks out into a new level.

Money Flow is showing a tinge of green... turning around.

2 Bil reserves... nice.

They do 1 mil barrels and with the oil prices above $56 bbl... that's a lot of cash flow...

2 Mil barrels and this is rolling...

2 BILLION in reserves... wow... need we say more?

[cashwealth]

nanuk,
I had a position but I sold it today.
Do you have a good co in your area to invest in? Or are you invested in any o/g co, either us or can?
thx,

cw

[nanuk]

If you bother to read my posts you will see that I have no investment in this stock and never have. I am, however, a hot shot. Thanks for recognizing that. Good luck with those e-mails. There are a lot of investors waiting for Cable Advertising to return their communications in any form. I'm not one of them.

[tonyclifton]

3 name changes r/s etc..this stock has and will always be a SCAM!

[farnrth1]

neither hot shot. and will confirm when emails are answered. Im researching as you are. Right now this is a gamble and if pieces come together its a investment. If you are looking for more security you should try bonds

[nanuk]

Hope is on Turnagain Arm. No leases have been sold anywhere close to there. Kenai Peninsula Borough records do not indicate the existence of a "Fowler Homestead" anywhere on the Peninsula. Which one are you, Needham or Mancini?

[farnrth1]

Im in anchorage. Looks like the old fowler homestead west of hope as far as I can see. Just across the inlet are major reserves and anchorage will run low on gas in 10 years. Need drillers

[nanuk]

I am in Nikiski, Alaska on the shores of Cook Inlet. Try to find Fowler Oil & Gas on a google search. All I've found are some Circle K's in Alabama. No one at Unocal, Forest, XTO or Marathon has ever heard of these guys. If you want to see some real info on Cook Inlet, search for Escopeta Oil & Gas Cook Inlet. They own 128,000 acres in the inlet, and they can't find a partner to bring in a drilling rig. They are privately held, but looking for investors.

[farnrth1]

nanuk. were do you live in alaska. Im here also and researching this company. The prospects look good so far.

[nanuk]

I don't know what you think ANWR has to do with AKOL, but the answer is absolutely nothing. ANWR is 600 miles from Cook Inlet and the mythic "Fowler Prospect". AKOL has no interest there and appears to have none here either.

[skywalkin]

Tight vote on arctic refuge oil drilling expected
GOP backers aim to evade filibuster threat by adding plan to budget


The Associated Press
Updated: 10:52 p.m. ET March 15, 2005

WASHINGTON - Despite increased GOP strength, the Senate appeared to be evenly divided Tuesday in advance of a key vote on whether to allow oil drilling in an Alaska wildlife refuge.advertisement
document.write('
A flurry of last-ditch lobbying suggested a close vote Wednesday when senators take up the refuge development issue in the first major environmental vote of this








http://www.msnbc.msn.com/id/7195164/&&PS=70102&SU=http%3A//w..." target="_blank">http://g.msn.com/0MNBUS00/1?http://www.msnbc.msn.com/id/7195164/&&PS=70102&SU=http%3A//w....


"Everyone keeps telling me that there's carrots around here, I have been digging like crazy... But all I keep digging up are these little yellow rocks"

~ Bugs Bunny ~



Moderator - delete my previous post 227. - darn tree huggers pissed me off. I say let them drill to reduce oil prices. You would think there were enough flower parks in the country.

That HBO western "Deadwood" was pretty good, they got it now on DVD takes two days to watch it all.

[skywalkin]

They might be afraid it would turn into the town of Deadwood. Worried that the squareheads might harm those Caribou cocksuckers.

[downtherathole]

could be. AKOL will most likely have its biggest volume day ever today. rich

[skywalkin]

Could be all the emails that are being sent out by the Democrats to block that bill that the Republicans are trying to pass this week. I just got this email. Here's part of it.

"We have only 24 to 48 hours to try and save the Arctic National Wildlife Refuge.

The Republicans are trying to sneak legislation through the Senate approving oil drilling and they are incredibly close to winning. We have to stop them.

I am joining with Senator Maria Cantwell (D-Washington) in offering a critical amendment to stop this sneak attack on our environment. We will fight on the floor of the Senate, but we need you by our side."

[downtherathole]

maybe they hit coconut oil. rich

[altolivello]

slglf,,,,,,,,,,,,

alaska company interesting,,,,,

[stolibox]

over a penny, whoa!

[downtherathole]

it's hard to dispute you---for all intents and purposes this thing is pretty much a bust---except them getting to run off to the carribean for the winter---that was real. oh well, you indeed did try to warn us. rich

[nanuk]

I tried to tell you months ago. I work in Cook Inlet; no one has ever heard of these clowns. Their web site is so weak as to be laughable. Anyone who put one cent behind this fraud has only himself to blame. I'm not invested into this or any other stock outside my 401k, but this whole thing stunk from square one. That's the only reason I've posted here. I've been roundly abused for telling what appears to be the truth to me. Do a search for Fowler Oil & Gas. All I found was some Circle K's in Alabama. I genuinely wish what they say was true. My job would be much more secure were it so. Nothing I've seen supports this.