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Oil fields are refueling? I hope to see this deal with more strength when it hits the market..
Take care Joan.
Wow, look where this shell has gone:
Posted by: antisubmarinewarfare
In reply to: None Date:1/19/2008 1:56:58 PM
Post #of 1753
In my Scottrade account I purchased my ANYT during the time that this was TWOG. Each share of ANYT shows in my Gainskeeper as having cost me $363,300 each. My Ameritrade account bought ANYT during the time that this was SBMI at $8.70 so... Yeah...I can see that there may be some digruntled shareholders here. Great Shell. Hope you got a real deal on it. ~ASW~
*****************
He missed CEVU. After the failed ILGY stock swap, TWOG became CEVU, then SBMI....each time a big r/s.....
thanks. eom
cwpc.ob chart
/stockcharts.com/def/servlet/SC.web?c=cwpc
rbtree: I'm new in the oil investing and I was wondreing if the is significient find on a opening of cap wells. Please give your thoughts on this aricle.
Updated: 06:45 PM EDT
Ness Energy: RockOil and Arbuthnot Venture Report Significant Discovery: Commercial Production Tests Verified, Sales Have Commenced
WILLOW PARK, Texas and NETANYA, Israel, Aug. 24 /PRNewswire-FirstCall/ -- Ness Energy International, Inc. (OTC Bulletin Board: NESS) wholly-owned subsidiary RockOil Energy of Texas, Inc., under project agreement with Arbuthnot Holdings Ltd., announced production test results on its Jerome Respondek #1 well, which may indicate a commercially significant oil and gas discovery. The Respondek is currently selling gas with substantial potential revenues to benefit all project participants.
Sha Stephens, President of RockOil, which is under venture with Arbuthnot Holdings Ltd., stated, "We thank Arbuthnot and its participants for joining the venture to help make it happen. Our accomplishment is a prime example of our work and investment paying off. Finding and selling oil and gas is paramount for the nation, our investors, and our shareholders." He further added, "Our accomplishment on the Respondek is a prime example of the caliber of prospects we have been putting together. I am focused on putting out news that tells what we have done. We continue to work for our shareholders to build shareholder value through increasing cash flow and adding assets. The 'New Outlook' that has been put in place and the increased professionalism and focus of our organization since the beginning of this year is and should continue to pay off."
RockOil /Arbuthnot Commercial Test Complete
Formal production testing appears to confirm a significant discovery of oil and gas on the Respondek, located in South Texas. Recent results include production of up to 2.2 million cubic feet of gas and 30 barrels of oil and condensate per day on a 12/64th-inch choke.
RockOil /Arbuthnot Commercial Sales
Recent production results appear to verify substantial sellable oil and gas. The well is complete, oil and gas is flowing, and sales have commenced. At present, the well has the availability with our gatherer to flow up to 5.0 million cubic feet a day of gas. RockOil estimates near term production without compression (an assistive procedure) will probably stabilize at approximately 2.0 million cubic feet of gas a day with up to 30 barrels of oil and condensate per day. With compression added in the next 30 to 60 days, RockOil estimates near term production may reach as high as 3.0 million cubic feet of gas per day with up to 50 barrels of oil and condensate per day.
Additional news is that due to its high quality, the natural gas produced from the RockOil Arbuthnot well should generally price at a premium to other local natural gas production. Current indications are the gas will be accepted in preference to other local production.
Underlying Specs
The RockOil Arbuthnot well (the Respondek) was re-worked to 13,500 feet measured depth ("MD") and logged gas pay in what the venture believes to be an Austin Chalk formation between 13,420 feet and 13,446 feet MD. The well was tested through 26 feet of perforations between 13,420 feet and 13,446 feet MD (the entire pay zone) at a flowing tubing pressure of 1,850 psi through a 12/64th-inch choke with a shut in tubing pressure measured at 4,850 psi. Production from the well did not require a hot tap, given currently in place infrastructure within 150 ft. of the well head.
About RockOil and Arbuthnot- the Project
The project provides for RockOil to operate and pursue three re-work/re-entry wells under contract with Arbuthnot, which is an overseas participant. Arbuthnot is a 75% participant with RockOil owning the remaining 25%. The Respondek is one of these wells and appears at present to be a long term producer. The venture participants actively cooperate to achieve their goals, resulting in what may be substantial revenues for both RockOil and the overseas participant.
Forward-Looking Statements
This news release includes forward-looking statements, such as estimates. Actual results could differ materially from those contemplated by such forward-looking statements as a result of any number of factors and uncertainties, many of which are beyond the control of the companies. Important factors that could cause actual results to differ materially from those in such forward-looking statements are broad and some are enumerated in the filings by Ness Energy with the Securities and Exchange Commission. Undue reliance should not be placed upon any forward-looking statements, and the companies undertake no obligation to update those statements.
SOURCE Ness Energy International, Inc.
08/24/2005 17:20 ET
Copyright © 1996-2005 PR Newswire Association LLC. All rights reserved.
Thank you in advance for your input. :o)
The ThinkerMan
ot: Turned my profits from akol to tnog
Tomorrow another gapper day for tnog in store...
TNOG breakout predicted tomorrow... Angles close in
Completing the BULL Penant. Breaking over the 200ma helps this move go ballistic.
imo get in or just watch....
http://stockcharts.com/def/servlet/SC.web?c=tnog,uu[g,a]ddclyyay[d20040422,20050429][pb50!b200!b25!b...
with techs like this, it doesn't come too often... but when it does, take advantage of them.
Hey nanuk, how's goes the ratrace? The latest furor is over a wimpy Texas co reopening capped wells. Flow rates were real low in the past....doubt the co will ever amount to anything.....But all kinds of wild yakking on the forums...TNOG at Raging Bull, kind of a hoot.
It appears you have mistaken me for someone who cares what you think. For the slow-witted, I repeat, I have never held any position in AKOL. Since I work in the Cook Inlet oilfield, I was curious as to where this company planned this enormous oilfield no one here has ever heard of. I was flamed mercilessly by the wags on this board for doubting AKOL's fraudulent press releases. If you want to make money by shuffling pieces of paper, knock yourself out. Since they are now carrying the scam to the Caribbean and Russia, I no longer care what they say; I'm not there to see whether or not it's true. Given the mendacity they have displayed in the past, I have more than a few doubts about anything emanating from AKOL.
nanuk, sorry about that nasty taste in your mouth... if pink sheet & otc:bb oil stocks are too risky, maybe you should stick to Scratch-off lotto tickets.
I don't know what you think this article has to do with AKOL. Either you are incredibly stupid or you think everyone else on this board is. As AKOL no longer claims to have an interest in Cook Inlet, I'm out of here. I never had any financial interest in them, only an interest in the truth. I am now certain that they are nothing more than an address, bad website and an answering service. The latest "Russian LOI (LOL) was the most incredibly nervy, unsubstantiated claim I've ever seen. Is there no consequence to such naked fraud? I'll be up here, helping to wring the last black gold from the Cook Inlet field, trying to make it to retirement. I am well satisfied that AKOL and FWOG have no role in my life.
Oil Fields Are Refilling...
Naturally - Sometimes Rapidly
There Are More Oil Seeps Than All The Tankers On Earth
By Robert Cooke
Staff Writer - Newsday.com
4-10-5
Deep underwater, and deeper underground, scientists see surprising hints that gas and oil deposits can be replenished, filling up again, sometimes rapidly.
Although it sounds too good to be true, increasing evidence from the Gulf of Mexico suggests that some old oil fields are being refilled by petroleum surging up from deep below, scientists report. That may mean that current estimates of oil and gas abundance are far too low.
Recent measurements in a major oil field show "that the fluids were changing over time; that very light oil and gas were being injected from below, even as the producing [oil pumping] was going on," said chemical oceanographer Mahlon "Chuck" Kennicutt. "They are refilling as we speak. But whether this is a worldwide phenomenon, we don't know."
Also not known, Kennicutt said, is whether the injection of new oil from deeper strata is of any economic significance, whether there will be enough to be exploitable. The discovery was unexpected, and it is still "somewhat controversial" within the oil industry.
Kennicutt, a faculty member at Texas A&M University, said it is now clear that gas and oil are coming into the known reservoirs very rapidly in terms of geologic time. The inflow of new gas, and some oil, has been detectable in as little as three to 10 years. In the past, it was not suspected that oil fields can refill because it was assumed the oil formed in place, or nearby, rather than far below.
According to marine geologist Harry Roberts, at Louisiana State University, "petroleum geologists don't accept it as a general phenomenon because it doesn't happen in most reservoirs. But in this case, it does seem to be happening. You have a very leaky fault system that does allow it to migrate in. It's directly connected to an oil and gas generating system at great depth."
What the scientists suspect is that very old petroleum -- formed tens of millions of years ago -- has continued migrating up into reservoirs that oil companies have been exploiting for years. But no one had expected that depleted oil fields might refill themselves.
Now, if it is found that gas and oil are coming up in significant amounts, and if the same is occurring in oil fields around the globe, then a lot more fuel than anyone expected could become available eventually. It hints that the world may not, in fact, be running out of petroleum.
"No one has been more astonished by the potential implications of our work than myself," said analytic chemist Jean Whelan, at the Woods Hole Oceanographic Institution, in Massachusetts. "There already appears to be a large body of evidence consistent with ... oil and gas generation and migration on very short time scales in many areas globally," she wrote in the journal Sea Technology.
"Almost equally surprising," she added, is that "there seem to be no compelling arguments refuting the existence of these rapid, dynamic migration processes."
The first sketchy evidence of this emerged in 1984, when Kennicutt and colleagues from Texas A&M University were in the Gulf of Mexico trying to understand a phenomenon called "seeps," areas on the seafloor where sometimes large amounts of oil and gas escape through natural fissures.
"Our first discovery was with trawls. We knew it was an area of massive seepage, and we expected that the oil seeps would poison everything around" the site. But they found just the opposite.
"On the first trawl, we brought up over two tons of stuff. We had a tough time getting the nets back on board because they were so full" of very odd-looking sea.floor creatures, Kennicutt said. "They were long strawlike things that turned out to be tube worms.
"The clams were the first thing I noticed," he added. "They were pretty big, like the size of your hand, and it was obvious they had red blood inside, which is unusual. And these long tubes -- 3, 4 and 5 feet long -- we didn't know what they were, but they started bleeding red fluid, too. We didn't know what to make of it."
The biologists they consulted did know what to make of it. "The experts immediately recognized them as chemo-synthetic communities," creatures that get their energy from hydrocarbons -- oil and gas -- rather than from ordinary foods. So these animals are very much like, but still different from, recently discovered creatures living near very hot seafloor vent sites in the Pacific, Atlantic and other oceans.
The difference, Kennicutt said, is that the animals living around cold seeps live on methane and oil, while the creatures growing near hot water vents exploit sulfur compounds in the hot water.
The discovery of abundant life where scientists expected a deserted seafloor also suggested that the seeps are a long-duration phenomenon. Indeed, the clams are thought to be about 100 years old, and the tube worms may live as long as 600 years, or more, Kennicutt said.
The surprises kept pouring in as the researchers explored further and in more detail using research submarines. In some areas, the methane-metabolizing organisms even build up structures that resemble coral reefs.
It has long been known by geologists and oil industry workers that seeps exist. In Southern California, for example, there are seeps near Santa Barbara, at a geologic feature called Coal Oil Point. And, Roberts said, it's clear that "the Gulf of Mexico leaks like a sieve. You can't take a submarine dive without running into an oil or gas seep. And on a calm day, you can't take a boat ride without seeing gigantic oil slicks" on the sea surface.
Roberts added that natural seepage in places like the Gulf of Mexico "far exceeds anything that gets spilled" by oil tankers and other sources.
"The results of this have been a big surprise for me," said Whelan. "I never would have expected that the gas is moving up so quickly and what a huge effect it has on the whole system."
Although the oil industry hasn't shown great enthusiasm for the idea -- arguing that the upward migration is too slow and too uncommon to do much good -- the search for new oil and gas supplies already has been affected, Whelan and Kennicutt said. Now, companies scan the sea surface for signs of oil slicks that might point to new deposits.
"People are using airplane surveys for the slicks and are doing water column fluorescence measurements looking for the oil," Whelan said. "They're looking for the sources of the seeps and trying to hook that into the seismic evidence" normally used in searching for buried oil.
Similar research on known oil basins in the North Sea is also under way, and "that oil is very interesting. There are absolutely marvelous pictures of coral reefs which formed from seepage [of gas] from North Sea reservoirs," Whelan said.
Analysis of the ancient oil that seems to be coming up from deep below in the Gulf of Mexico suggests that the flow of new oil "is coming from deeper, hotter formations" and is not simply a lateral inflow from the old deposits that surround existing oil fields, she said. The chemical composition of the migrating oil also indicates it is being driven upward and is being altered by highly pressurized gases squeezing up from below.
This upwelling phenomenon, Whelan noted, fits into a classic analysis of the world's oil and gas done years ago by geochemist-geologist John Hunt. He suggested that less than 1 percent of the oil that is generated at depth ever makes it into exploitable reservoirs. About 40 percent of the oil and gas remains hidden, spread out in the tiny pores and fissures of deep sedimentary rock formations.
And "the remaining 60 percent," Whelan said, "leaks upward and out of the sediment" via the numerous seeps that occur globally.
Also, the idea that dynamic migration of oil and gas is occurring implies that new supplies "are not only charging some reservoirs at the present time, but that a huge fraction of total oil and gas must be episodically or continuously bypassing reservoirs completely and seeping from surface sediments on a relatively large scale," Whelan explained.
So far, measurements involving biological and geological analysis, plus satellite images, "show widespread and pervasive leakage over the entire northern slope of the Gulf of Mexico," she added.
"For example, Ian MacDonald at Texas A&M has published some remarkable satellite photographs of oil slicks which go for miles in the Gulf of Mexico in areas where no oil production is occurring." Before this research in oil basins began, she added, "changes in reservoired oils were not suspected, so no reliable data exists on how widespread the phenomenon might be in the Gulf Coast or elsewhere."
The researchers, especially the Texas team, have been working on this subject for almost 15 years in collaboration with oil industry experts and various university scientists. Their first focus was on the zone called South Eugene Island block 330, which is 150 miles south of New Orleans. It is known as one of the most productive oil and gas fields in the world. The block lies in water more than 300 feet deep.
As a test, the researchers attempted to drill down into a known fault zone that was thought to be a natural conduit for new petroleum. The drilling was paid for by the U.S. Department of Energy.
Whelan recalled that as the drill dug deeper and deeper, the project seemed to be succeeding, but then it abruptly ended in failure. "We were able to produce only a small amount of oil before the fault closed, like a giant straw," probably because reducing the pressure there allowed the fissure to collapse.
In addition to the drilling effort and the inspection of seeps, Whelan and her colleagues reported that three-dimensional seismic profiles of the underground reservoirs commonly show giant gas plumes coming from depth and disrupting sediments all the way to the surface.
This also shows that in an area west of the South Eugene Island area, a giant gas plume originates from beneath salt about 15,000 feet down and then disrupts the sediment layers all the way to the surface. The surface expression of this plume is very large -- about 1,500 feet in diameter. One surprise, Whelan said, was that the gas plume seems to exist outside of faults, the ground fractures, which at present are the main targets of oil exploration.
It is suspected that the process of upward migration of petroleum is driven by natural gas that is being continually produced both by deeply buried bacteria and from oil being broken down in the deeper, hotter layers of sediment. The pressures and heat at great depth are thought to be increasing because the ground is sinking -- subsiding -- as a result of new sediments piling up on top. The site is part of the huge delta formed over thousands of years by the southward flow of the massive Mississippi River. Like other major deltas, the Mississippi's outflow structure is continually being built from sands, muds and silts washed off the continent.
Analysis of the oil being driven into the reservoirs suggests they were created during the so-called Jurassic and Early Cretaceous periods (100 million to 150 million years ago), even before the existing basin itself was formed. This means the source rock is buried and remains invisible to seismic imaging beneath layers of salt.
In studying so-called biomarkers in the oil, Whelan said, it was concluded that the oil is closely related to other very old oils, implying that it "was probably generated very early and then remained trapped at depth until recently." And, she added, other analyses "show that this oil must have remained trapped at depths and temperatures much greater than those of the present-day producing reservoirs."
At great depth, where the heat and pressure are high enough, she explained, methane is produced by oil being "cracked," and production of gas "is able to cause sufficient pressure to periodically open the fracture system and allow upward fluid flow of methane, with entrapment of oil in its path."
rbtree, let me get this straight... you've held this for 5 yrs knowing full well it was a scam? and will you continue to bash the stock until you sell? WILL you ever sell? or just waiting for the sec to shut it down so you have nil? just curious about your strategy on this one... tia.
NVEI is a scam alright in my book.
A personal piggybank for insiders unfortunately.
Sorry to hear you got suckered in there as I did.
Back in 1999 I went in for the 3D possibilities.
But as one can tell by history of PR's they lied about their content and connections with it and now have been lying ever since about their so called disruptive tech that according to management was better than anyone's out there yet no one will finance it to bring it to market let alone a finished FPGA.
What makes NVEI even sicker is they have gone after a lot of the elderly people giving them pipe dreams taking their money year after year.
They are very good at what they do.
Unfortunately what they do is year after year is dangle carrots in front of the cult following they have there.
good post excel...however, AKOL is nothing more than a boiler room pump and dump. NVEI is more like a long suffering failure, slimy but not a scam. Just as bad for stupid bagholders like myself--I've held a small position for 5 years....ouch...
You post irrelavant garbage so maybe its time to look in the mirror and think about reality
Really?
The promoter walked away from this stock when it was at .14.
It was frontloaded to the gills.
Level2iscool opened up his big mouth it was going to be promoted the next week.
The promoter seeing that and the frontloading walked away.
CXL associates was involved and sold out from underneath everyone as they continued to lie in emails and phone calls about not selling a share.
Do some DD on who they are.
Go look at ledbeds picks and see who is now joined up with him.
Big hint!
All of this post can be verified by emails placed on this board.
Do some DD before getting mad at me.
You are going to find out the hard way in the penny world it's all about who is promoting what and when.
It's all about transfer of money to insiders.
Fake shells set up to rip you off.
This was one of them.
History along with present actions back up my statementds.
Tell me what backs up your statement about my posting garbage?
I have 100 people who have me membermarked because they want to read what I write.
And you have 0?
Think it might be because partly because I can admit when I'm wrong like I did with this stock and NVEI?
Reality bites. I know first hand.
But to try to wish a stock to be real when their actions point the other way is just fooling nobody but your portfolio value.
I'm trying to help you here not put you down.
Take it as such.
The otc penny world as I'm sure you know is ruthless enough without trying to call people shorters because you made wrong decision.
We all make them.
You post irrelavant garbage so maybe its time to look in the mirror and think about reality
Went short? Hokie Dokie!
Reality for some of you is very hard to grasp. Oh well. You'll learn the hard way. We all have to at some point and time.
is it because you went short and the stock did not collapse
This Mancini should be hung by his balls just like all the scamsters in NVEI.
News, News, News
Alaskan Oil and Gas signs LOI for 49% Percent of Producing Oil Company
HOUSTON, April 12, 2005 (PRIMEZONE) -- Alaskan Oil and Gas (Pink Sheets:AKOL) has signed an LOI to acquire 49% ownership of a producing oil company located in Russia. The final purchase price will consist of a combination of cash to be utilized as working capital and convertible preferred shares to complete the purchase.
The operating management of the company currently has 10 years of operational experience and are involved in various aspects of oil production. Current areas of operations include production of crude oil and gas condensate, transportation of hydrocarbon raw material to the consumer, registration of necessary customs procedures, reprocessing of sour and highly paraffinic oil within its own plants and the receipt of high-gravity sorts of oil.
Alaskan Oil and Gas believes that it can help the company to increase its production to 10,000 metric tons of oil per month over the next five years. In addition, the company has exploration potential that could add significantly to reserves and production.
About Alaskan Oil and Gas-
Alaskan Oil and Gas (Pink Sheets:AKOL) is a development stage energy company and intends to become a worldwide company specializing in the extraction and production of oil and gas.
Safe Harbor Forward-Looking Statements
Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
CONTACT: Alaskan Oil and Gas.
Investor Relations
Phone: (281) 854-2374
E-mail: alaskaoil@mail.com
www.alaskanoilngas.com
As it rightfully should...lousy boiler room scam that it is.
You can try to spin the news anyway you want, but I still bet this dives tomorrow.
Oops, here's the huge news:
http://biz.yahoo.com/pz/050411/76005.html
Mancini admits no FWOG deal, but of course fails to explain why all the lies. What a joke. Let's play "name the company" again How about Mikey's Cajun/Sesame Oil and Tummy Gas unCompany...
..calling all rice burners.....
What a joke, the fool is a lousy con artist.
This article is the speculation of a geologist whose job it is to speculate. Oil companies have their own people to assess the viability of a prospect, and apparently none are interested at this juncture. The idea that a Pink Sheets company that was known as Cable Advertising less than a year ago could even sniff at this project is preposterous.
AKOL does not exist outside the minds of Mssrs. Mancini and Needham. No public report of the existence of this company has ever come from anyone but these two. Fowler is similarly obscure, and their website is even less specific as to assets and intentions. What street was that word on?
Do your own DD. Do not rely on me or anyone else's word. I guess if you really want to get down to it, why should anyone believe your statements over mine or vice versa. Trust No One and do as much of your own DD as you can!
As I said on RB, the chance that a boiler room scam could make inroads on wuch a huge project is tiny. They have no money and who knows if they could raise any. They failed with Fowler, and then lied about the deal, according to Fowler.
Not nice to spread rumors unless you have evidence...do you?
Try using yahoo to do your searching http://www.petroleumnews.com/pntruncate/134404312.shtml
Where is the Burger Project? Google finds nonesuch. By MMS, do you mean Mineral Management Service? A search of their site yields no results relevant to AKOL. Exactly what street was this word on, anyhow?
from Stockhouse bb poster, more evidence of boiler room pump and dump:
A dose of tough-love.
I had my cousin check out the Houston location of AKOL HQ.
Note: He works for a petrol firm in Houston/Anchorage and would have known the right question to ask.
And I quote:
I went to the building at the address online. The suite listed, 1300, is an "executive suite" company - where businesses rent rooms and share conference facilities.
The directory listing in the lobby didn't have their name on the board -
although some other business in Suite 1300 did, and when you get to Suite
1300, there are no business names anywhere - not even the name of the
executive suites (Skyline -
http://www.instant-offices.com/office_space/serviced_offices_houston_2399.htm))
Some other things - I looked up M. Mancini at the same phone number on the web
and saw this:
»»»»» Email Marketing Houston Resources... Attn: M. Mancini Tel: (281)
854-2374 Email: frontieroil@mail ... Kings beat Rockets 91-89 in NBA Beijing
game Straits Times, Singapore - Oct 17, 2004 ... ...
www.internet-marketing-secrets-that-work.com/ email-marketing-houston.html -
37k - Supplemental Result - Cached - Similar pages
I couldn't get into the site but thought it interesting that I got a hit for
him on an internet marketing page. [End of Quote]
Plain & simple. I have lost my excitement for this stock but not my curiosity. More later. I have some decisions to make re: buys & sells.
FD: I still own 250,000 purchased @ 1¢.
Do Take Care, no one wants to lose their money.
AKOL-Word on the street is AKOL has an in on the latest release by MMS about the huge gas project drilled years ago by Shell called the Burger Project. Naturally at that time everyone was looking for oil and found a huge gas resevoir and it was looked upon as being in the dry well category. It has now been re-evaluated and many see this as a huge gas potential.
Ask away; the big 0's in your alias appear to be the true value of this stock. I'm not an investor aside from a 401k. Can anyone tell me if the SEC really allows acts like AKOL and FWOG to issue stock, even on the Pink Sheets? Can you really sell a piece of blue sky based on spurious claims and not violate the law? If so, P.T. Barnum was born too soon; he'd have gone nuts in this market.
better go back and read some more, skytripper...
One, AKOL has had one fluff pr since changing their name and all it was about was boasting up the new name....pretty ludicrous, being as, on their website and in previous news they lied about a deal with FWOG, and thus have NOTHING going on in AK.
I tend to agree with ya, nanuk...The Fowler rep I spoke with didn't sound like an oilman...is based in NY, yet Robert Fowler in San Diego. He seemed nice and made it sound like they were serious about going forward and raising funds....but a lot of red flags if you ask me. He did sound pretty pissed at Mancini though...will see if Mancini pr's about the no deal deal...and if not, what Fowler does about it.
see if this helps
http://www.sec.gov/complaint/cf942sec9570.htm
I don't know how stupid you think everyone else is, but anyone who can find a random search engine, Google or otherwise, will find no reference to FOGL or AKOL. Play with the paper as much as you like, but don't pretend there is any "there" there. AKOL/FOGL/Cable Advertising is nothing but a bad website and self-generated press releases. Fowler is even more laughable. BTW, I'm now on contract to Chevron-Texaco, which bought Unocal today. I hope they retain my company's services, but you never know. We've been in Cook Inlet for over 30 years, but a change of ownership puts everything on the block. Chevron-Texaco is big enough to shutter this whole operation and move on. That would be very unfortunate for me and the entire Kenai Peninsula economy. It also could mean new investment in the old Cook Inlet field; there's still life in this field. Time will tell.
I did a Google on Frontier Oil and Gas, and saw where all the negative bashing was coming from. Apparently there is Old info out there. Previous or pending agreements as I see it, and the bashers are putting their spin on that info. Newbies should pay attention to what the company says in their PR's and take with a grain of salt what you read on message boards. GLTY
Here is the post of the day #367 on RB!
http://ragingbull.lycos.com/mboard/boards.cgi?board=AKOL&read=367
Here's an organazation that the Pita bread people might want to donate some money to.
http://www.minutemanproject.com
TY rbtree...will check it out.
GLTY
Chuckrmon
Hi, rbtree. Thanks for the steer to Fowler's website. It's even worse than AKOL's. I seriously doubt they exist. I think you can lump AKOL, FWOG, Nevada Holdings and the GeoScanex technology into the same scam. You might make money on the paper, but don't think they will ever make a divot in the planet. I e-mailed Fowler. I'll be interested to see the reply, if any.
chuckmon, see pinksheets, FWOG. Company rep told me no trading just yet..but that most all of the 63 mm shares or so were tightly held. you'll see a huge bid/ask spread typical of an illiquid issue. go to website, call them see what you think. They arent quite ready to announce anything yet, he said. Seems like a nice guy, unlike Mancini.
Cheers.
Check out RTK and SYNM for a couple real companies with simply blockbuster potential..involved in the soon to be immense gas-to-liquids industry. (GTL, also CTL--as in coal) Each could command a multi billion $ cap in a few years--SYNM may get to 10 figures next week.
Thanks for that extra info rbtree...sounds like its getting pretty "interesting." I guess we'll know next week.
To me I'm begginning to lean toward the Fowler side.
By the way rbtre do you know if Fowler Company is publically traded? That in itself could be a good play in that region.
chuckrmon
Mancini lied again, and was called out..
by FWOG company rep. When confronted with his lies, he agreed to put out news next week disavowing previous inaccurate claims. If this does not happen, FWOG may have to pursue legal actions.
This anyone can confirm by contacting Fowler. Their website and phone number can be found at pinksheets.com.
Basically, what transpired was this: The two companies entered into a letter of intent whereby Mancini's company, then FOGL, would provide $7.5 mm in financing. Only problem is, this was May 4 of last year, and nothing further was heard from them, says Fowler rep.
Here's what he sent to someone in response, copied from RB:
"EMAIL FROM AKOL CEO!!!
----- Original Message -----
From: robert needham
Sent: Friday, April 01, 2005 5:14 AM
Subject: Re: Fowler Oil & Gas
Sir,
We have signed documentation from Fowler and have been waiting for additional due diligence from them on their properties.
We have also been doing our own work in regard to acquisition of properties.
We will be making an annoucement next week in regard to Fowler.
M. Mancini
----- Original Message ----
To: alaskaoil@mail.com
Subject: Fowler Oil & Gas
Date: Thu, 31 Mar 2005 22:37:53 -0500
This email is being passed around the internet.
Is this true?
Thanks,
Adam Ruehl - AKOL shareholder
Fowler Oil & Gas Corporation & Fowler Oil & Gas LLC
San Diego
March 28, 2005
Alaska Oil & Gas Ltd, in press releases and on their website, have
referenced a joint venture relationship with Fowler Oil & Gas. Robert
Fowler, President of Fowler Oil & Gas, would like to clarify that there is
not any joint venture relationship in place with Alaska Oil & Gas Ltd.
While Fowler Oil & Gas encourages inquiries from potential joint venture
partners, we do not have any such agreements in place. We have conducted
discussions with Alaska Oil & Gas Ltd. in the past, but no joint venture
agreement was ever reached and we are not currently conducting any talks
with Alaska Oil & Gas Ltd.
We are an Oil & Gas company with a primary focus on the Cook Inlet Basin in
Alaska. We currently own a large property in the Cook Inlet Basin which is
located on a coal bed and have the option to lease additional acreage within
the basin.
With the U.S Government's current agenda on the Alaskan energy resources,
we're confident that we will succeed in procuring the financing needed to
take these projects forward and develop the Fowler Oil & Gas properties.
The company has received offers and proposals from a few investment banks,
investment firms as well as private investment groups and is currently
reviewing such proposals to determine the best financial structure that
would not only benefit the company, but also help preserve shareholder
value.
Fowler Oil & Gas is currently concluding phase two of the company plan of
action. Once this phase of financing is concluded, the company plans to
disseminate several press releases informing the public of its developments
and continue its ongoing responsibility to keep investors and shareholders
informed on our developments.
Fowler Oil & Gas
Doesn't prove a thing. Let's see the actuall email with address etc., etc.
Anybody could have written this.....
chuckrmon
Told ya AKOL is a bunch of liars:
http://ragingbull.lycos.com/mboard/boards.cgi?board=FOGL&read=696
cmj, all they have is a "ceo" who tells you to quite harassing him instead of answering tough questions via email.....
I told him I would likely report them to the SEC. but they're likely too insignificant of a wart on the frog to be noticed, IMO.
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