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The SPA and subsequent handover agreements require 2-5 year special lockup restriction to control block issuance like this.
Beautiful! The decline doesn't count then, according to pink sheet philosophy, correct?
For those wondering what happened to $CCWF, it's financial engineering. Church wants to raise capital by issuing bonds. The newly issued 1 billion shares have long-term lockup restrictions. They could not use the new shares to dilute
https://twitter.com/opportunityzon/status/1549775969849774080?t=-Ci9f92cDL0COcM5HPol7w&s=19
It took 350k shares to fall the price -37%
Falling 30% on very light volume, the raise of shares is in the restricted block people should know how to read lol
You were saying ? Lol
CCWF outstanding shares increased by a billion... from only 11 million before! LOL
Stay away from Frank Igwealor tickers.
https://www.otcmarkets.com/stock/CCWF/security
Probably one of the best oil and gas stocks in OTC right now.
Putting Exxon in the name of the company to trick investors LOL. Exxon Oil and Gas is nothing ExxonMobile is the real deal.
Frank Igwealor tickers are unproven to bring value to shareholders. What Igwealor ticker has done well?
$CCWF not to mention $52,000,000+ evaluation in a $2,700,000 Market Cap
$CCWF Undervalued here...
$CCWF getting found. Riduculously undervalued. #oilandgas producer in the very resource rich Anadarko Basin, OK. Stack and Scoop play. Lease on 4300 Acres near Stack. 6/50 Oil Wells 12/30 Gas Wells currently online today. News possibly this week. Basin contents. ??
The real Exxon, the massive multi billion dollar company, is ExxonMobil not Exxon Oil and Gas. Avoid anything from Frank Igwealor.
Did some more DD on Exxon Oil and Gas as to what I saw on Twitter. https://twitter.com/MaxInvestor89/status/1539651502540611586/photo/4
https://casetext.com/case/agrawal-v-okla-dept-of-labor-kris-agrawal
What's going on here? Thought The real deal was Exxon the big guy, but not so sure of this Exxon Oil and Gas Co now.
Yes but it's the same for the others FCGD, NOUV, PRDL and low SS NHLG. All merged already but PPS is down on the ones with the big float and staying the same on the NHLG one. Has a Frank ticker ever done well?
Black Gold, Texas Tea. $CCWF bringing more rigs on line every day.
Dude...He is no longer involved, a company has merged in with new mgmt and all shares transferred over to them. You need to do some dd. Start here. https://www.otcmarkets.com/stock/CCWF/profile
Operations moving smoothly as we increase production thanks to our great teams. We appreciate all those who are following us along! pic.twitter.com/ckrzX0U4yo
— Church & Crawford, Inc. (@church_crawford) June 22, 2022
Has any Frank Igwealor merger worked out well for investors?
3.4m so far today. Looking good
CCFW looks interesting but Frank Igwealor's shells/mergers have been tanking. Have any of his tickers yielded big gains for investors? Even the low SS ones aren't doing much.
1.4 million shares traded so far. 4.2 million traded on 6-3-2022. Great volume today no matter how you look at it over the past three months.
Remember, CCWF shell status will be removed any day now.
SUPPLEMENTAL INFORMATION
MAY 23, 2022
CHURCH & CRAWFORD, INC (the “Company”) was previously a shell company. The Company’s status as a shell company has changed. Effective March 16, 2022, the Company ceased to be a shell company.
https://www.otcmarkets.com/stock/CCWF/disclosure
Addresses Match with EXXON. They must have some sort of relationship with them to list in filings.
$CCWF yes the connection to #ExxonMobil was found today in the filings and just 1 more thing compare the 2 addresses!!!! The one on the right is from the @church_crawford filings. pic.twitter.com/RT4whuXqDy
— RRR1 (@rrr1sr) June 21, 2022
No subsidiaries, parent company” Exxon Oil & Gas, Inc” Page 6 https://www.otcmarkets.com/otcapi/company/financial-report/334417/content
B. Please list any subsidiaries, parents, or affiliated companies.
No subsidiaries, parent company” Exxon Oil & Gas, Inc”
C. Describe the issuers’ principal products or services.
Oil & Gas.
CCWF
This stock. Getting ready to fly? Low float oil play making bank.
Looking good
$CCWF Church & Crawford Inc reports operations increase for the fiscal year 2022Press Release | 06/09/2022
Houston, Texas, June 09, 2022 (GLOBE NEWSWIRE) -- Church & Crawford Inc (CCWF) is an oil and gas exploration and production (E&P) company focused on proven fields exploited by well-managed independent oil companies extracting reserves at lower risk and lower cost than unproven prospects. We are focused on domestic and international areas where major oil and gas producing companies have reduced their exploration efforts in search of larger reserves.
REPORT OF CASH FLOWS FROM MARCH TO MAY 2022
Gas well operations
Natural Gas sold $38,658.79
Natural Gas Produced but remain unpaid, 21,600 mcf @ $2.30/mcf $49,680.00
Revenues from Gas wells $88,338.79
Account Receivable from working interest owners $35,000.00
Total number of gas wells producing 12
Numbers of wells waiting to go on Pipelines 30
Expected Production when all gas wells are producing, 40 wells 1000 mcfd
Oil well Operations
Oil sold $33,284.29
Oil on hand to be sold, 636 barrels @$94/bbls $59,784.00
Total Oil Revenue $93,068.29
Number of oil wells producing 5
Number of Oil wells awaiting production 50
Expected Oil Production from all Wells 100 barrels per day
The company's recent activities contributed to the optimization and improvement of the company's overall value to create further revenue income, in our properties located in Beaver, Canadian, Creek, and Garfield counties in Oklahoma to optimize our existent oil & gas production.
Lastly, our reserve report and pending corporate actions are our priority to complete this Q2-2022. These initiatives, designed to enhance the efficiency of the organizational structure including new ventures and acquisitions, are necessary to improve the Company's production levels, reservoirs, and cost-effectiveness. Additional financing through a debt facility will be announced soon. The Company will use this capital to scale and develop the acreage (activate leases, turn wells on, and drill new wells).
Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. About Church & Crawford Inc. Headquartered in Houston, Texas, Church & Crawford Corporation is a public traded company (CCWF). Church & Crawford Inc is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production. Forward-Looking Statements: can give no assurance that such expectations will prove to be correct. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. Factors that could cause the company’s actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: The success of the company’s exploration and development efforts; the price of oil, gas, and other produced gasses and liquids; the worldwide economic situation; changes in interest rates or inflation; the ability of the company to transport gas, oil, and other products; the ability of the company to raise additional capital, as it may be affected by current conditions in the stock market and competition in the oil and gas industry for risk capital; the company’s capital costs, which may be affected by delays or cost overruns; cost of production; environmental and other regulations, as the same presently exist or may later be amended and the company’s ability to identify, finance and integrate any future acquisitions. You are urged to carefully review and consider the cautionary statements and other disclosures. Forward-looking statements speak only as of the date of the document in which they are contained, and Church & Crawford does not undertake any duty to update any forward-looking statements except as may be required by law. The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2022 Church & Crawford Inc. The information herein is subject to change without notice. Church & Crawford Inc shall not be liable for technical or editorial errors or omissions contained herein.
Shareholder inquiries:
info@Church-Crawford.com
The company is ramping up hiring too. Good sign for me to see this type of potential growth. https://church-crawford.com/careers/
Another well back up and running! More wells coming back online every week and production steadily increasing. We have some exciting projects and news coming soon stay tuned!
84 million float. Once the leases are valued based on 2022 oil and gas prices, this stock will be multiple nickels in my humble opinion.
REPORT OF CASH FLOWS FROM MARCH TO MAY 2022
Gas well operations
Natural Gas sold $38,658.79
Natural Gas Produced but remain unpaid, 21,600 mcf @ $2.30/mcf $49,680.00
Revenues from Gas wells $88,338.79
Account Receivable from working interest owners $35,000.00
Total number of gas wells producing 12
Numbers of wells waiting to go on Pipelines 30
Expected Production when all gas wells are producing, 40 wells 1000 mcfd
Oil well Operations
Oil sold $33,284.29
Oil on hand to be sold, 636 barrels @$94/bbls $59,784.00
Total Oil Revenue $93,068.29
Number of oil wells producing 5
Number of Oil wells awaiting production 50
Expected Oil Production from all Wells 100 barrels per day
The company's recent activities contributed to the optimization and improvement of the company's overall value to create further revenue income, in our properties located in Beaver, Canadian, Creek, and Garfield counties in Oklahoma to optimize our existent oil & gas production.
Lastly, our reserve report and pending corporate actions are our priority to complete this Q2-2022. These initiatives, designed to enhance the efficiency of the organizational structure including new ventures and acquisitions, are necessary to improve the Company's production levels, reservoirs, and cost-effectiveness. Additional financing through a debt facility will be announced soon. The Company will use this capital to scale and develop the acreage (activate leases, turn wells on, and drill new wells).
https://www.otcmarkets.com/stock/CCWF/news/Church--Crawford-Inc-reports-operations-increase-for-the-fiscal-year-2022?id=360661
Best time to buy in my opinion. No one is looking. I'm adding shares as I can.
Darn was hoping for some low 01s lol
Funny, some folks don't realize that $CCWF #oil wells are already producing and selling #oil and #gas at today's market prices. Wait until June 30, 2022 financials to see how much @church_crawford has cashed-in at today's Crude prices...
https://twitter.com/opportunityzon/status/1532807958026801155?t=ns0fiwzgmOUlB3HALcQQQg&s=19
They’re supposed to have assets drastically more valuable than what’s included in the last 10q.
They have no cash to work with.
Insanely undervalued! They need to unveil specifics on those STACK play leases. Need some numbers backing that $.54 BVPS
$CCWF Church & Crawford Inc reports BVPS Increase for fiscal year 2022.
https://t.co/OAvx8gWinU
https://twitter.com/opportunityzon/status/1528782787053899776?t=n0Cc0a-PXarmLZYQ57XLEA&s=19
I wonder where it’ll land on the timeline. Shouldn’t take long. Should be somewhere between now and the unveiling of their drilling plans as they “approach the 3rd quarter.”
Valuation was $52m as of 2018 numbers..This report will be telling.
3m market cap will adjust
Yup! low volume takedown.
Look at the volume of shares selling trying to keep it in this range..when the numbers come out we will see as gas prices are on the rise
I guess it’s bad news lol
Management is pleased to announce that has requested MKM Engineering to complete economic estimated prospective resources up to April 2022. This study will show a reserve report estimate and detail development schedules for Church & Crawfords acreage and generate a forecast of future net revenues and discounted cash flows, this will include additional work for the new properties unaccounted from the last reserve report in 2018.
https://www.otcmarkets.com/stock/CCWF/news/Church--Crawford-Inc-announces-Report-on-Economic-and-Potential-Recoverable-Assessment-in-Anadarko-Basin-Interests?id=356899
$CCWF engages MKM Engineering to complete economic estimated prospective resources up to April 2022. This study will show a reserve report estimate and detail development schedules for acreage and generate a forecast of future net revenues and discounted cash flows.
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