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The one that was yesterday. It is the top news link on the message board page. You can go watch it now as well.
Which conference? The one in NY or the one in Florida?
The presentation at the Conference by IFNY was pretty awesome. You can view it online if you wish. I have heard and seen the numbers dozens of times, but it really is just staggering what potential is there.
Infinity Energy Resources to Host Investor Update Conference Call on Monday, January 27, 2014
OVERLAND PARK, KS--(Marketwired - Jan 8, 2014) - Infinity Energy Resources, Inc. (OTCQB: IFNY) ("Infinity" or the "Company"), an independent oil and gas exploration and development company, today announced that it will host a conference call to update investors on recent developments at 11:15 a.m. Eastern Time (EST) on Monday, January 27, 2014.
The call will be hosted by Stanton Ross, Chief Executive Officer of Infinity Energy Resources, who will discuss the initial interpretation of 2-D seismic mapping that was completed in December 2013, the Company's work program and planned seismic activities for 2014, and other topics of interest. Mr. Ross will be joined on the call by Robert ("Bob") Fleming, Geoscientist for Seismic Interpretation, and Jeff Roberts, the Company's Chief Geologist.
Conference Call Information
To participate in the conference call, shareholders and interested parties should dial 888-317-6003 (international/local participants dial 412-317-6061) about 10 to 15 minutes prior to 11:15 a.m. EST on Monday, January 27, 2014. Callers must be prepared to provide the "Elite Entry Number 7797204" in order to access the Infinity Energy Resources conference call.
A replay of the conference call will be available one hour after completion of the call until March 28, 2014, at 5:00 pm Eastern Time by dialing 877-344-7529 (international/local participants dial 412-317-0088) and entering conference I.D. # 10039005. The call will also be available on the Company's website for 30 days following the call at www.ifnyoil.com.
I am far from knowing much about the mapping but I don't see what good the 2d is really going to do in regards to showing potential??? I think it is more of a formality that is required. The 3D is what is going to make this go nuts.
But maybe the 2D does show some sort of structure positions that does some good. We shall see.
I don't know. We should have the initial 2D results by the end of the month. 3D will be done sometime in Q2.
Once 3D is done, I would expect a deal with a drilling partner (if the 2d and 3d show we have something) in the following 3-4 months.
In any case, this will either be much much higher by the end of the year or it will be in the tank.
This will be in sleep mode until the 3D gets going I would assume.
CC was good enough. Seems like Noble gave enough information to hurt IFNY, but any more would have helped IFNY dramatically.
Waiting on 2D early December, then 3D within the next month(s).
Still a healthy level of excitement from the boys, so I am happy with the cheapies I picked up at 1.21
Guess it's a wait and see!
CC today at 11:45 EST.
there it goes. my own impatience.
Is trading stopped on IFNY? My trade isn't filling and it doesn't seem to be moving at all?
”High quality field”. Noble says its first Nic well indicated the existence of a ”high quality field”.
http://www.elnuevodiario.com.ni/nacionales/302097-noble-energy-considera-perforar-segundo-pozo
Translated from Spanish: “Despite the disappointment that caused the findings, due to the expectation generated, country manager for Noble Energy Nicaragua said the results indicate that in the area there is “a high quality field.” ”
They were drilling close to the border with IFNY’s concession.
So, the market over-reacted to Noble’s PR on Wednesday morning.
Also, I note that Noble stopped drilling at 3174 meters, at least several hundred meters short of its original total depth target.
New CC by IFNY
Infinity Energy Resources to Host Geologic Update Conference Call on Monday, November 18, 2013
OVERLAND PARK, KS--(Marketwired - Nov 14, 2013) - Infinity Energy Resources, Inc. (OTCQB: IFNY) ("Infinity" or the "Company"), an independent oil and gas exploration and development company, will host a geologic update conference call for members of the investment community at 11:45 a.m. Eastern Time (EST) on Monday, November 18, 2013.
Presenting on the call will be the Company's CEO, Stanton Ross, and its primary geological consultant, Jeff Roberts.
The purpose of the conference call will be to update investors following the November 13th announcement by Noble Energy that it has elected to plug and abandon the initial exploratory well on its Tyra Bank concession offshore Nicaragua. This conference call will include a discussion by Mr. Roberts of the geological similarities and differences between Infinity's 1.4 million-acre concessions offshore Nicaragua, and Noble Energy's 1.8 million-acre concessions, which are east of, and adjacent to, Infinity's concessions.
During most of his career, Mr. Roberts was involved in the evaluation of numerous hydrocarbon basins for Amoco Production Co. and Oryx Energy Co. He was Manager of Operational Planning for Oryx, where he was responsible for the preparation of corporate planning and budget functions for a $400 million worldwide exploration and production budget. He served as Exploration Manager for the Gulf of Mexico and Manager of Exploration and Production Technology for Oryx Energy. His domestic exploration experience has targeted basins in the Gulf of Mexico, the Rocky Mountains, Mississippi, Louisiana, Texas and Canada. He was the first geologist to evaluate the unconventional potential of coalbed methane in the Black Warrior Basin for Amoco and is an expert in the evaluation of fractured reservoirs, horizontal exploration prospects, basin tectonic analysis, and economic exploration analysis. Mr. Roberts is a founding Member of The Unconventionals, an exploration group focused on unconventional hydrocarbon opportunities.
Details for accessing the conference call are provided below.
Conference Call Information
Shareholders and interested parties may participate in the conference call by dialing 877-374-8416 (international/local participants dial 412-317-6716) a few minutes before 11:45 a.m. EST on Monday, November 18, 2013 and asking to be connected to the "Infinity Energy Resources Conference Call".
There will be plenty that got chased out. I reloaded at the lower level, so thanks to those that dumped. I would guess this will hang out at the $1.50 to $2.00 level until the next round of updates from IFNY. The Noble results changed NOTHING about IFNY's ulitmate end. It simply stopped the PPS from popping in the short term due to speculation. Good luck to all.
Can't believe this tested $1 today, looks like it's bounce time. Obviously it's not recouping all of it's losses, but still could have a lot of upside now after this huge knee jerk reaction.
Very sorry for everyone that took the hit here. GL, I think Calvin's (& Hobbes) dad would call this a character builder.
My sentiments exactly clawmann.
That bit in Noble's PR about "high quality Tertiary" (Tertiary includes the Eocene, where IFNY's resources are believed to be) may actually be favorable to IFNY.
Let the blood run today, cooler heads will make a more objective assessment of the news in the days to come.
No doubt that this hurts the PPS in the short term for IFNY. In the long run it could actually increase what IFNY owns. The oil is there, it is just a matter of where it is pooled in the structures. It very well may be on IFNY's concessions. Noble and everyone else will be fighting over it if so.
I hear ya. That hurt a lot. I sold off half around 1.75 in hopes to buy back in lower.
Wow, thanks, well that's a kick in the nuts!
Ouch. Noble plugged their hole as they did not find oil as hoped. It is a big blow for sure but not dead yet. We will have ot rely on our own findings from here on out.
Whoa! WTF is happening?!
I hope you are all listening to the conference call right now. Great stuff. Going to get crazy here in the next few months. Absolutely crazy.
Love it. I had no choice but to add more under $2.00. It sucks for those that fell for the BS. Going to get fun here.
See? IFNY just put out a second press release this week to obviously counteract the silliness. IMO the subtext of today's PR:
you are an idiot if you are selling.
http://finance.yahoo.com/news/infinity-energy-resources-detailed-exploration-165849963.html
Penny stock manipulation at its best. Have some amateur write a nonsense hit piece on Seeking Alpha about a low volume stock, short it down, watch the newbies start dumping, short it down a little more, really get the weak hands running, then start covering. Whoever it is is printing money; illegally of course but the SEC will not care enough to do anything. Watch for the rebound over the next 10 days.
PR-update on upcoming conference call
Sorry for those that fell for the scare tactic and dumped. They own your shares now. Here is the update on the news conference call coming up too. Going to be fun!!!!!!!!
OVERLAND PARK, KS -- (Marketwired) -- 10/31/13 -- Infinity Energy Resources, Inc. (OTCQB: IFNY) ("Infinity" or the "Company"), an independent oil and gas exploration and development company, today announced that it will host an investor conference call to update investors on recent developments at 4:15 p.m. EST on Tuesday, November 12, 2013.
Conference Call Information
Shareholders and interested parties may participate in the conference call by dialing 877-374-8416 (international/local participants dial 412-317-6716) a few minutes before 4:15 p.m. EST on Tuesday, November 12, 2013 and asking to be connected to the "Infinity Energy Resources Conference Call".
A replay of the conference call will be available one hour after completion of the call until January 13, 2014, at 5:00 pm EST by dialing 877-344-7529 (international/local participants dial 412-317-0088) and entering conference I.D.# 10036528. The call will also be available on the Company's website for 30 days following the call at www.ifnyoil.com.
Other Alpha attacks:
Drop in price and percent loss in the first day.
NHUR 0.83 to 0.41 or 51%
LLEN 2.24 to 1.11 or 51%
VPIG 1.50 to 0.78 or 48%
Therefore if IFNY has a 50% loss from 2.92 then buy 1.46
And someone is laughing all the way to the bank with the shares they are picking up at this price. Good work by someone.
Alpha Attack. Going to see 50-60% drop.
LOL. Oh this is good stuff. One commentary article on a website shakes the tree. Going to be some people upset and/or chasing. Can't wait. IFNY
Stay tuned...
Should be hearing something soon. Both from IFNY and also some more Noble progress updates.....
You are right about that. There is something that limits the % of success that they can claim. Not sure what controls that but I assume it has to be due to protecting shareholders and potential shareholders. I don't think they would truly be risking 100 million on a 1 in 4 chance.
Going to be getting real fun soon.
BTW, I recall reading somewhere that 25% is the maximum percentage that Noble is permitted to assign to the chance of finding commercial quantities of hydrocarbons until they actually do. 25% is therefore considered to be lower risk.
When I click it, it automatically translates to English.
Here is the (rough) translation:
Managua. Efe Nicaraguan Vice Minister of Energy and Mines, Lorena Lanza said yesterday they expect the American company Noble Energy Limited, drilling a first oil well exploration in the Caribbean, find hydrocarbons.
"We hope to find hydrocarbons in the area known as Paradise South Pozo 1, Tyra Bank, 168 kilometers east of the town of Bluefields, capital of the South Atlantic Autonomous Region (RAAS), told reporters.
The offshore platform Ocean Saratoga Drilling Contract with Noble Energy Limited, excavated from the second week of August in the Caribbean.
South Paradise 1 has 370 meters of water column and have a depth of 3358 meters, and if the results of the drilling of the first well are positive, the company will proceed to drill a new well, authorities said.
According to Lance, it is intended that in 30 days of exploration target is reached 3358 meters drilling to see if there really is no accumulated oil. Noble Energy, which has so far invested $ 79 million: $ 22 million more to the drilling of the first well, has reported that there is a 25% chance of finding oil, even natural gas in commercial quantities.
How do you switch it to english again?
In my opinion there is no coincidence that the volume spike happened on the day of the investors conference. I am sure he spoke with some investment firms that saw the writing on the wall here and jumped all over it at these prices.
This is picking up steam quickly. Going to get really fun here soon.
I totally agree with what you're saying. I just feel like the CEO is cutting it very close, and I get a little nervous when that happens. We have a couple deadlines coming up: one with beginning the seismic work and one also with Amegy. Not sure on the exact dates I'll have to look them up.
I'm not concerned. They should have no problem securing a partner; the question is how much they will have to give up. The more risk, the more the partner is going to ask for. If IFNY waits until Noble hits total depth, which should happen by late November at the latest, it will significantly de-risk the deal for the partner if Noble strikes oil. That would enable the partner to go forward with a smaller piece of the pie. At this point, I am content to wait it out too.
BTW, there could also be interim results coming in from Noble any day.
Is anyone here concerned at all with the amount of time its taking to secure a partner? NBL and REP have moved into the area and started drilling, and here we still sit. Why? Is no one interested? I understand that the CEO is trying to get the best deal for the shareholders, but I'm starting to wonder what the hold up is. Thoughts anyone? Thanks.
I like that! Thanks!
This is typical. It has happened 3-4 times over the last 2 months.
We get a big surge in volume and then nothing. I think that there is a large player who acquires in bunches, drives the price up and then stops, let's the price drift down and then comes back. Probably running some trailing stops on each up move. But it seems to be gradually ratcheting the pps up as there is not much retracement after each move up. Must be a lot of very strong hands out there.
What happened to volume today?! How are there only 100 shares traded?
New 52 week high just set: $3.75
Volume really picked up in the last 30 minutes.
Noble's progress
http://www.laprensa.com.ni/2013/09/19/ambito/163048-avanza-perforacion-pozo-mar
Advances in drilling well in Nicaraguan Caribbean
The American company Noble Energy Limited has drilled about 700 meters from a first exploration oil well at the bottom of the Caribbean Sea Nicaragua, said Thursday an official source.
"Based on the report we had yesterday (of the company), and in total, including the layer of water that are like 350 meters, it is reaching 1,000 meters. Almost have 700 meters of drilling on the seabed," said journalists the Minister of Energy and Mines, Emilio Rappaccioli.
The offshore platform Ocean Saratoga Drilling Contract with Noble Energy Limited, digs for a month at a place known as Paradise South Pozo 1, Tyra Bank, 168 kilometers east of the town of Bluefields, capital of the Autonomous Region South Atlantic (RAAS).
He acknowledged that there have been "issues" with the excavation, but called it "very common because the water surface you can find with a tremendous strength that is difficult drilling."
"But that was overcome and you go a little faster," he said.
South Paradise 1 has 370 meters of water column and have a depth of 3.358 meters, and if the results of the drilling of the first well, which will last 90 days, "are positive," the company shall drill a new well, according to authorities.
"We hope that when you meet the three months to three and a half months and have come to the site where, according to the seismic survey they did in three dimensions, are natural gas," the official said.
Noble Energy Limited, which has so far invested $ 79 million and spent $ 22 million more to the drilling of the first well, has reported that there is a 25% chance of finding oil, even natural gas in commercial quantities.
Scan analysis published by the oil company indicates that by 2019 may be drawing 30 million barrels of the well that is now investigating.
Nicaragua expects earnings per 17,500 million in 25 years, if the U.S. firm produces expected.
The Government of Nicaragua granted in April 2008, two contracts for exploration and exploitation of oil and natural gas reserves in the Caribbean Nicaraguan teach the U.S. company MKJ Exploration International SA, a member of Noble Energy Ltd.
That company will explore two areas located in the offshore platform: the Isabel bank, 120 miles east-southeast of Bilwi, in the northern Caribbean, and Tyra Bank, 168 kilometers east of Bluefields, in the southern Caribbean .
Both areas have a combined length of about 8,000 square kilometers and the term of the contract for oil exploration and natural gas reserves is six years.
In case of finding enough oil fields to be marketed, the production period of the U.S. company will be 30 years, with an investment between 200 and 500 million dollars, according to the corporation.
The project consists of three phases and includes seismic, geological, drilling and development.
We should start hearing the results of Noble's first well soon. They won't hit total depth until around mid-November, but they will occasionally be reporting what the results are as they drill.
Huge volume early. Some big boy(s) wanted in. Can't wait for the craziness here over the next 6 months. And it will be starting sooner, rather than later I think. Keep your eye on Noble.
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