Cougar Oil and Gas Canada Inc (fka COUGF)

[OilStockReport]

Think the acquisitions will bump this one back up?

[Mr B]

Cougar Oil and Gas Canada Inc. Announces Asset Acquisition
8:06a ET April 28, 2011 (Market Wire) Cougar Oil and Gas Canada Inc. ("Cougar" or the "Corporation") (OTCBB: COUGF) is pleased to announce it has closed the acquisition of several operated and non-operated oil and natural gas properties ("Properties") in Alberta.

Cougar acquired the Properties from a private company. The Properties include the following assets;

-- 4 producing non-operated CBM gas wellsand associated gathering and
production facilities located in Central Alberta with a net production
of approximately 25 BOEPD.
-- 3 suspended Cardium oil wells located in central Alberta with the
potential to reactivate 2 of the wells this summer for an estimated net
production of 25bbl per day. The wells are also located in an area that
has recently proven successful for horizontal Cardium oil development.
-- 5 standing natural gas wells in central and southern Alberta. These
wells require additional workover and/or tie-in work and will be
evaluated for development, farmout or divestiture.
-- 3200 net acres of mineral rights adjacent to Cougar's oil producing
Alexander property. These mineral rights include all P&NG rights and
will be evaluated for oil production potential.




On April 25. 2011 Cougar received notification that the ERCB had approved the transfer of the operated wellbores included in the acquisition of the Properties. Payment for the Properties included Cougar assuming the abandonment liability for the Properties and forgiving an outstanding Accounts Receivable from the private company.

Mr. William Tighe, CEO and Chairman of the Board for Cougar stated, 'We are delighted that this asset acquisition has closed. The acquisition did not have a debt or equity cost to the Corporation and it had an immediate strategic value. It provides access to a defined Cardium horizontal oil prospect, a profitable CBM natural gas production field with a long reserve life and an undeveloped land base close to our Alexander oil prospect.

In the Trout production area, the horizontal well continues to steadily improve as the drilling fluid lost to the formation is recovered. The reservoir pressure is increasing and the fluid level in the wellbore continues to increase. A temporary hydraulic pump jack was installed on the well just prior to breakup and once the lease conditions dry up we hope to replace that with an electric submersible pump which will result in the higher production rate required to properly evaluate the well.

The geological and geophysical work continues regarding the evaluation of the new Trout 3D seismic data shot in January and within the next two weeks we plan to kick off the permitting of a Q3 multiwell oil drilling program."

About Cougar Oil and Gas Canada Inc.:

Cougar Oil and Gas Canada Inc. (OTCBB: COUGF) is based in Calgary, Alberta, Canada and a publicly traded oil and gas exploration and production company. The focus is on the exploration and development of Canadian based onshore oil and gas properties. The current projects are the Trout light oil production area in north central Alberta, Lucy in the Horn River Basin in northeast British Columbia and First Nation Joint Venture and area projects located in north central Alberta.

Additional information is at http://www.cougaroilandgascanadainc.com or http://www.cougarenergyinc.com.

Forward-looking Statements: This press release contains forward-looking statements. The words or phrases "would be," "will" "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," or similar expressions are intended to identify "forward-looking statements". The Company's business is subject to various other risks and uncertainties, which may be described in its corporate filings (www.sec.gov) or (SEDAR in Canada). Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Cougar Oil and Gas Canada Inc. undertakes no obligation to update or publicly revise forward looking statements or information unless so required by applicable securities laws.

Contacts:
Cougar Oil and Gas Canada Inc.
Investor Relations:
[phone]
[e-mail]
www.cougaroilandgascanadainc.com
www.cougarenergyinc.com





SOURCE: Cougar Oil and Gas Canada Inc.

[Mr B]

They have a lot going on...... And I like that the stock went up and has stabilized nicely.

[OilStockReport]

It has been a bit of a roller coaster, but I think if you hold out, it will pay off.

[Mr B]

They'll need to start getting more on the production and reveneue IMO to hold $3. They have a lot working so that alone I think is valuation... but we all know $ talks and BS walks..... ;)

I'm watching for lower lows etc...

The technicals based on my last msg dont look great... This has been such a roller coaster.

[OilStockReport]

Sure hope this one picks back up! Think it will?

[Mr B]

no new news, but here is a link to current stuff.

http://finance.yahoo.com/q?s=COUGF.OB&ql=0

[Mr B]

Chart looks to be oversold, it's lost support of the 10 and 50 but is above the 200.

http://stockcharts.com/h-sc/ui?s=COUGF&p=D&yr=0&mn=1&dy=7&id=p12837229115


Im not in right now, but looking at it, I'd be curious if this is profit taking, or people are weary that OIL is just too high to sustain its price.. Curiously suspect and would set some stops if I were in!


http://stockcharts.com/h-sc/ui?s=COUGF&p=D&yr=0&mn=1&dy=7&id=p51502897844

[Mr B]

If you look at the historical price on this, it's seemed to have stablized between 250 and 3. Not sure what's moving it down, but everytime there is news it goes back up so its possible it's just being flipped both ways.

[boundas]

i would like to understand too, probably because trading on OTCBB

volumes seems to be significant

[AAEM]

Why COUGF is going down among the oil & Gas sector? Thanks,

[Mr B]

I've not heard much lately about the 'presidents' plan to help these lease holding companies start or begin more drilling but if they actually do, and I think if the DEM's want to hold onto the Whouse they will, large leases alone such as those that Cougf and KDKN hold are possibly very valuable indeed... we'll see how it plays out, but it's good to see this holding........

B

[OilStockReport]

I saw that. I think that will be a step in the right direction.

Cougar Oil and Gas completed an analysis of a recent 3D seismic program conducted at the Trout project area. The company believes that as many as twelve vertical and horizontal development wells can be drilled and completed on the property.

Cougar Oil and Gas Canada Inc. said that the well would benefit from two incentive programs established by the government. The company will receive 5% royalty relief for a year under the New Well Royalty Rate program, and will receive a $200 per meter drilled credit under the Alberta Drilling Royalty Credit program.

[boundas]

i think, not before year end, probably in 2012

the positive thing, is the permanent update, with 3D sismic technology & the rythm of development of drilling

[OilStockReport]

How much do you think this project will effect their stock?

[boundas]

Mar 31, 2011
Cougar Oil and Gas Canada Inc. Files Reserve Report, Year End Financials and Provides Operations Update
CALGARY, ALBERTA, March 31, 2011 - Cougar Oil and Gas Canada Inc. ("Cougar" or the "Corporation") (OTCBB: COUGF) is pleased to announce filing of our reserve report and audited financials and to provide an operations update for the Trout production area and the Manning heavy oil farm-in.

Reserve Report and Financials

Cougar has filed the year end reserve report as a NI-51-101 on SEDAR report and a 6k on EDGAR. The reserves using forecast pricing P+P has increased from 477 Mbbl to 720 Mbbls -- a 51% increase since July 31, 2010. Cougar has also filed it's audited financials to December 31, 2010 on SEDAR and as a transition report 20-F on EDGAR. We will also post a copy of the Corporate Summary reserve report and 20-F financials on our web site by April 4, 2011.

Drilling Update

The drilling, completion and work over operations in the Trout field have finished and the equipment has been demobilized back to the Red Earth area in anticipation of spring road bans. The planned second new drill has been deferred until the Corporation's Q3 drilling program. There was not enough time to drill the second well before the spring weather resulted in road bans being implemented in Alberta. If the drilling rig was not moved off before road bans the Corporation would have been responsible for a very large stand-by charge every day the drilling rig and equipment was stranded by the road bans so the decision was made by management to demobilize the drilling equipment after the first well was finished.

Cougar finished drilling the horizontal Keg River oil well on March 20th. The horizontal leg was successfully drilled in the top two (2) meters of a ten (10) meter thick Keg River zone and has approximately 400 meters of horizontal productive formation. Upon entering the Keg River formation there was an immediate loss of circulation and increase of wellbore gas indicating a substantial reservoir was encountered. Using electro-magnetic directional tools the Corporation was able to successfully steer the horizontal wellpath to the required endpoint.

Once the drilling rig moved off the horizontal location the service rig and production equipment were moved on and rigged up. The Keg River in the Trout field has excellent inflow capability due to the substantial porosity and permeability and as such does not require the costly and time consuming stimulation work required by most of the current tight oil plays. The completion operations for Cougar's horizontal well consisted of landing the tubing string and swabbing in multiple spots along the toe to the heel of the horizontal wellbore to confirm and induce formation inflow. Throughout the swabbing test the fluid level was maintained in the casing indicating a strong inflow of formation fluids. The final production equipment including the bottom hole pump and rods was run and the well has been put on production. It is anticipated it will take several weeks to recover all of the lost drilling fluids and begin producing the Keg River reservoir fluids.

Work Over/Reactivations Update

During the last couple of months Cougar has been working on several well reactivations in the Trout production field.

The 10-21 reactivation involved deepening the existing well by approximately 15 meters to penetrate a previously unproduced Keg River oil formation. Last week the Corporation successfully installed a packer in the wellbore to shutoff an uphole water source which will allow for the Keg River to be efficiently produced. The well also had a temporary hydraulic pumpjack installed on it and this has been replaced with a conventional pumpjack which will allow a substantially larger production rate.

The 13-25 reactivation involved repairing a wellbore and pumpjack that had been shut in for over three years. The downhole work was successfully repaired with no problems but the pumpjack repair took longer due to time required to get the gear box repaired. A maintenance crew recently finished all of the repair work and the well is currently on production.

The 11-22 reactivation involved a series of downhole repairs and installation of surface equipment. The downhole work included replacing a badly corroded production liner and stimulating the productive Keg River zone with an acid wash. The surface equipment will be moved from another site once the snow has melted and the lease has dried up. It is anticipated the 11-22 reactivation will be finished in Q2.

The reactivated wells also benefit from a 5% royalty holiday for the first twelve months of production. The royalty incentive was put in place by the provincial government and provides for very attractive economics and a quicker project payout.

3D Seismic Update

Cougar has completed the initial review of the processed 3D seismic data that was acquired in January. The seismic data confirms the multi-well vertical and horizontal development potential of the existing Keg River and Granite Wash oil pools but the 3D seismic also identified several new undeveloped oil reservoirs. The development drilling locations are key to increasing production and cash flow and the new undeveloped reservoirs can add significant reserves for the company to pursue. The Corporation is finalizing the locations for the next drilling program and expects to begin the permitting process by the end of April once the next phase seismic review has been completed.

Manning Heavy Oil Farm-In Update

Cougar has also continued the preparation for the Manning area heavy oil farm-ins. The geological review has included core and log analysis and detailed geological mapping. Severaldrilling locations have been identified and the Corporation expects to begin the permitting process for these heavy oil prospects by the end of April.

Mr. William Tighe, CEO and Chairman of the Board for Cougar stated, 'We are very excited to be able to provide this operations update to our shareholders. There has been a lot of progress in our Trout production area, the planned development using the Trout 3D seismic and the project planning for the Manning area heavy oil prospect.

The reservoir that was encountered during the drilling of the Keg River horizontal well confirmed the advantages of this type of production prospect. Instead of having to coordinate and execute a very expensive multi-stage fracture stimulation we were able to get the well on production in less than 5 days.

The new 3D seismic has provided a tremendous opportunity to develop existing reserves and it also identified some tremendous structural prospects with the potential to add new reserves and cash flow for the company.
Cougar has also made significant advancements in regards to the Manning heavy oil project development. With the continued strengthening of the oil commodity prices the Manning prospect may ultimately have the greatest strategic value to the Corporation."

[Mr B]

Any other news that might have been missed... Been a busy march and I apolgize for missing some of the highlights... see link

http://finance.yahoo.com/q?s=COUGF.OB&ql=0

[Mr B]

Cougar Oil and Gas Canada Inc. Provides Operations Update

Press Release Source: Cougar Oil and Gas Canada Inc. On Tuesday March 29, 2011, 2:15 am EDT
CALGARY, ALBERTA--(Marketwire - 03/29/11) - Cougar Oil and Gas Canada Inc. ("Cougar" or the "Corporation") (OTC.BB:COUGF - News) is pleased to provide an operations update for the Trout production area.

Cougar finished drilling the horizontal Keg River oil well on March 20th. The horizontal leg was successfully drilled in the top two (2) meters of a ten (10) meter thick Keg River zone and has approximately 400 meters of horizontal productive formation.

The service rig moved on as soon as the drilling rig was off the lease. The completion operations for Cougar's horizontal well consisted of landing the tubing string and swabbing in multiple spots along the toe to the heel of the horizontal wellbore to confirm and induce formation inflow. The final production equipment including the bottom hole pump and rods was run and the well has been put on production. It is anticipated it will take several weeks to recover all of the lost drilling fluids and begin producing the Keg River reservoir fluids.

This horizontal well will also benefit from two Alberta royalty incentive programs. The production will receive a 12 month royalty holiday of 5% under the New Well Royalty Rate and Cougar is also eligible to receive the $200 per meter Alberta Drilling Royalty Credit.

Cougar has completed the initial review of the processed 3D seismic data that was acquired in January. The seismic data confirms the 10 to 12 well vertical and horizontal development potential of the existing Keg River and Granite Wash oil pools but the 3D seismic also identified several new undeveloped oil reservoirs. The new oil reservoirs found using the 3D seismic will initially be developed with vertical drilling and coring to confirm net pay and volumetrics but may ultimately be developed with horizontal oil wells. The Corporation is finalizing the locations for the next drilling program and expects to begin the permitting process by the end of April once the next phase of the seismic review has been completed.

Mr. William Tighe, CEO and Chairman of the Board for Cougar stated, 'We are very excited to be able to provide this operations update to our shareholders. The reservoir that was encountered during the drilling of the Keg River horizontal well confirmed the advantages of this type of production prospect. Instead of having to coordinate and execute a very expensive multi-stage fracture stimulation we were able to get the well tested and on production in less than 5 days.

The new 3D seismic has provided a tremendous opportunity to develop existing reserves and it also identified some exciting structural prospects with the potential to add new reserves and cash flow for the company."

About Cougar Oil and Gas Canada Inc.:

Cougar Oil and Gas Canada Inc. (OTC.BB:COUGF - News) is based in Calgary, Alberta, Canada and a publicly traded oil and gas exploration and production company. The focus is on the exploration and development of Canadian based onshore oil and gas properties. The current projects are the Trout light oil production area in north central Alberta, Lucy in the Horn River Basin in northeast British Columbia and First Nation Joint Venture and area projects located in north central Alberta.

Additional information is at http://www.cougaroilandgascanadainc.com or http://www.cougarenergyinc.com.

Forward-looking Statements: This press release contains forward-looking statements. The words or phrases "would be," "will" "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," or similar expressions are intended to identify "forward-looking statements". The Company's business is subject to various other risks and uncertainties, which may be described in its corporate filings (www.sec.gov) or (SEDAR in Canada). Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Cougar Oil and Gas Canada Inc. undertakes no obligation to update or publicly revise forward looking statements or information unless so required by applicable securities laws.

Contact:
Contacts:Cougar Oil and Gas Canada Inc.Investor Relations+1 (403) [e-mail]

[Mr B]

Chart is holding... not 'grand' but I've seen a lot uglier.

http://stockcharts.com/h-sc/ui?s=COUGF&p=D&yr=0&mn=1&dy=7&id=p12837229115


This chart is interesting... sure looks like a LOT of accumulating and influx of cash. I'd say this has established a base. If they are producing any quantity of oil, profits have to be great at $100plus a barrel. IMO

http://stockcharts.com/h-sc/ui?s=COUGF&p=D&yr=0&mn=1&dy=7&id=p51502897844

[joeCLives]

EboJr so you got smoked here ha!!!! Looks like you have a History of being smoked!!!!

[CoachBG]

Nice UT today......link to news:
http://finance.yahoo.com/news/Cougar-Oil-and-Gas-Canada-Inc-iw-4173641581.html?x=0&.v=1

[boundas]

1.60$ in november 2010 & stabilized at 3.5/3.31 in Feb 2011, Two bagger.

With periodical information, the last is:

News Releases Mar 04, 2011
Cougar Oil and Gas Canada Inc. Updates First Horizontal Well's Drilling Operations
CALGARY, ALBERTA, March 4, 2011 - Cougar Oil and Gas Canada Inc. ("Cougar" or the "Corporation") (OTCBB: COUGF) is pleased to provide an update regarding the drilling progress of the Corporation's first horizontal well in the Trout production area.

Drilling operations for the horizontal well, which is targeting light oil from the Keg River formation, commenced on February 21, 2011. The horizontal well is estimated to take a total of 21 to 25 days to drill.

On March 3 the surface casing and the first intermediate casing string had been landed and cemented, effectively isolating and sealing off the severe lost circulation zones that were identified during the well planning. Currently the drilling rig and auxiliary equipment is being used to drill the 'build' section, which will result in the wellbore being directionally steered to reach 90 degrees or horizontal as it enters the Keg River formation. Once horizontal an 800m production leg will be drilled to produce the Keg River oil. Completion operations will begin as soon as the drilling operations are finished.

[surfrider3h]

how much higher?

[boundas]

and cougf continue to raise & Kdkn too

[boundas]

yes i follow cougf for the impact on KDKN & Tamo.

In my etrade site i received the updade provided by Marketwire, without any reference to Sism.

I want to hope it's true information. In other case it could be delictual.

[Peggy]

Good luck! I got smoked on KDKB about 2 years ago, then stumbled across some posts by "boundas" a few days ago. He has high basis in both KDKN and TAMO an was following COUGF based on possible impact on those other stocks. I personally believe it is a fairy tale.

Maybe I am wrong but I trust Ernest Schotter (analyst) about as far as I can throw him.

[rhill72]

Nope completely understand. Been in many pump and dump schemes and often on the wrong side. Actually Im not even a shareholder of Cougf but rather one in KDKN. Has management made mistakes along the way? Absolutely. Its amazing that the doors are still open expecially with this economic downturn. Are these paid promotions sceptical? YES, once you look at their past pumps why would anyone touch this with a 10 ft pole? However I am to the belief that I really dont care how they get the money to go forward with their drilling program, but thus far they seem to be on the right track for once. Is there still speculation at this point? Absolutely, but from recent updates and news releases it looks to me that they are finally on the right path. Should find out very soon.

[Peggy]

And this. 300K in paid promotion and Person himself received 7500 for writing the piece that follows ... actual piece is glossy and colorful. Just suggesting you do some good DD here.

++++++++++++++

CBS Market Watch, CNBC, Dow Jones, all agree...
I know stocks.

So, my history of achievement is a big reason why I am so excited about Cougar Oil and Gas (COUGF) and its potential to deliver you a 516% gain.

My name is John Person.

I am a 32 year seasoned investor and the author of several best selling books on investing. I got my start on the Floor of the Chicago Mercantile Exchange back in 1979. I've worked my way through the industry as an independent Trader, Broker, and owner of a brokerage firm.

I've written books, teach trading courses, and I've been widely quoted on CBS Market Watch, Reuters, Dow Jones Newswire, and CNBC. The personal contacts I've developed around the world and in the financial industry have been instrumental in helping me gain an edge on information pertaining to the markets.

I urge you, call your broker about COUGF



IMPORTANT NOTICE AND DISCLAIMER: This paid advertising newsletter from John Person(hereafter "newsletter") does not purport to provide an analysis of any company's financial position or prospects and this is not to be construed as a recommendation by newsletter and is not in any way to be construed as an offer or solicitation to buy or sell any security. Cougar Oil & Gas Canada(hereafter "COUGF"), the company featured in this report, appears as paid advertising, paid by Toprank Marketing Ltd., by their description, a non-controlling shareholder, in an effort to increase industry and investor awareness. Although the information contained in this advertisement is believed to be reliable, Newsletter and its editors make no warranties as to the accuracy of the description of any of the content herein and accept no liability for how readers may choose to utilize it. The information contained herein is being republished from publicly disseminated information issued by third parties regarding COUGF and are presumed to be reliable, Newsletter or their editors accept no responsibility for the accuracy of such information. Newsletter, nor any of their principals, officers, directors, partners, agents, or affiliates are not, nor do we represent ourselves to be, registered investment advisors, brokers, or dealers in securities. Readers should independently verify all statements made in this advertisement. More information can be received from COUGF's website at http://www.cougarenergyinc.com/s/Home.asp Further, specific financial information, filings and disclosures as well as general investor information about publicly listed companies and other investor resources can be found at the Securities and Exchange Commission website at www.SEC.gov. This report and the opinions of those quoted within are for informational and advertising purposes only. This stock was chosen to be profiled after John Person completed due diligence on the stock. Toprank Marketing Ltd. has paid $300,000 for this advertising effort. John Person was paid $7,500.00 and expects to generate new subscriber revenue, the amount of which is unknown, to his newsletters through the distribution of this advertising piece. COUGF's financial position and all information should be verified with the company. Many states have established rules requiring the approval of a security by a state security administrator. Check with www.nasaa.org or call your state security administrator to determine whether a particular security is licensed for sale in your state. Investing in securities is highly speculative and carries a great deal of risk. It is recommended that readers perform their own due-diligence before investing in any security including consulting with your qualified investment advisor or analyst. This newsletter presents information in this report believed to be reliable, but the accuracy of statements contained herein that look forward in time cannot be guaranteed. Past performance does not guarantee future results. The information contained herein contains forward looking statements and information within the meaning of Section Twenty-Seven A of the Securities Act of Nineteen Hundred and Thirty-Three and Section Twenty-One E of the Securities Exchange Act of Nineteen Hundred Thirty-Four, including statements regarding expected continual growth of the featured company. In accordance with safe harbor provisions of the Private Securities Litigation Reform Act, the statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect actual results of operations. Reference is made in particular to the description of COUGF's plans and objectives for future operations, assumptions underlying such plans and objectives and other forward-looking statements included in the information provided. Such statements, which contain terms such as "expect", "believe", "anticipate", "suggest", "plan", "indicate" and similar terms of uncertainty, are based on management's current expectations and beliefs are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described in the forward-looking statements. Factors which could cause such results to differ materially from those described in the forward-looking statements include the size and growth of the market for COUGF's operations, regulatory approvals, the ability to fund its capital requirements in the near term and the long term, development by competitors which could impact COUGF's operations; armed conflicts and or terrorist activities which could effect the economy and or the public equity markets, effects of naked short selling and other market pressures; and similar related issues. This report is not intended for readers in any jurisdiction where not permissible under local regulations and investors in those jurisdictions should disregard it.



This paid advertising issue of John Person's Bottom Line Newsletter does not purport to provide an analysis of any company's financial position, operations or prospects and is not to be construed as a recommendation by John Person's Bottom Line Newsletter or as an offer or solicitation to buy or sell any security. Although John Person's Bottom Line Newsletter and its editor and publisher believe this information to be accurate and reliable, neither John Person's Bottom Line Newsletter nor its editor or publisher has independently verified any information contained in this advertisement nor John Person's Bottom Line Newsletter or its editor or publisher makes any representation or warranty whatsoever with respect to the accuracy or completeness of any information contained herein. John Person's Bottom Line Newsletter and its editor and publisher expressly disclaim any liability resulting from how readers may choose to utilize the contents of this paid advertisement. Readers should perform their own due diligence and are strongly urged to independently verify all statements made in this or any other paid advertisement. Any investment should be made only after consulting with a qualified investment professional and after reviewing the publicly available financial statements of, and other information about, the company and verifying that the investment is appropriate and suitable for you.

[Peggy]

See below taken from IHub email I received this AM. IHub has been paid 45,000 to do this.

ADVERTISEMENT

Middle East erupts. Oil spikes.

BEST WAY TO PROFIT:
Cougar Oil & Gas Canada (COUGF).

Up 160% over the last 60 days, this $3.75 stock is expected to jump to $10.56 by summer. But that analysis was made a week before Egypt erupted into deadly chaos. Now, with oil racing to $150 a barrel...

Select here to read important disclaimer

Investors Hub Disclaimer

This is a paid advertisement provided to our customers on behalf of a third party. Although we have sent you this email, Investors Hub does not endorse this product or company nor is it responsible for the content of this ad. We have not independently reviewed the information, claims and testimonials provided within the advertisement and make no guarantee or warranty regarding its content. The opinions and recommendations expressed in this email advertisement are not those of Investors Hub.

Investors Hub has been paid a total of $45,000 by Lake Group Media for the distribution of this email and other advertisements.

[rhill72]

Well doesnt look like this is a pump but more of a drill:

http://finance.yahoo.com/news/Cougar-Oil-and-Gas-Canada-Inc-iw-623874141.html?x=0&.v=1

[Peggy]

Anyone have a read on COUGF? Ihub is touting them this AM.

COUGF has had a nice run last couple of weeks and pulled back yesterday.

However, the same SISM analysts and management team (Tighe, etc.) that pumped KDKN on multiple occasions ("this stock is worth billions") have cost a lot of trusting souls a lot of money. TAMO is theirs also.

Why should any of us believe COUGF is for real ... with a daily production of a staggering 200 barrels per day, not likely COUGF will jump into the breech caused by big issues in Middle East. Egypt is not a major oil producer and even Libya produces only 2% of the world's supply ... admittedly the coveted high quality light sweet crude.

My sensing is we are only seeing another round of pumping designed only to part you and your money. IMO.

I've got an open mind ... convince me otherwise. But I urge you to be careful when SISM analyst Schlotter is touted as follows on the IhHub email this AM:

"One prominent analyst, Ernest Schlotter, just upped the price target on COUGF to $10.56, a price it could reach within the next 18 months. And that analysis was done before chaos broke out in Egypt.

Now, that $10.56 target looks tame."

I am not aware that any of Schlotter's supposed analysis has ever come to fruition. To me he is prominent only as a pump artist. I made the big mistake of believing

If you jump into this, do so with extreme caution.

[boundas]

It's a mistake, i was sure that cougf has issued its fiancial statement.

i am waiting for that

[Peggy]

What's your point boundas. This release was from almost a year ago.

[boundas]

Feb 25, 2010
Cougar Oil And Gas Canada Inc. Announces Forward Stock Split
CALGARY, ALBERTA -- February 25, 2010 -- Cougar Oil and Gas Canada Inc. ("Cougar Canada" or "Company") (OTCBB: COUGF) announces that on January 25, 2010, the Board of Directors and shareholders of the Company approved a forward split of the outstanding common stock at the rate of one share into three shares. Subsequently, the Company submitted an application for approval of the forward stock split to the Financial Industry Regulatory Authority ("FINRA"). The Company recently received confirmation from FINRA approving the forward stock split.

The Company received notice from FINRA establishing the record date of February 22, 2010 for the forward split and the payment date of February 25, 2010. Shareholders will be mailed their certificates on or about February 25, 2010, and no further action by shareholders is required in respect of the forward stock split. As a result of the forward stock split, the number of issued and outstanding shares of the Company's Common Stock will be increased from 19,635,397 to 58,906,191 shares.

Mr. William Tighe, Chairman of the Board for Cougar Canada, stated, "We believe that the stock split will create additional liquidity in the market and make Cougar Canada stock more attractive to a broader range of investors. We see significant potential for growth as we move forward in creating value for the shareholders. Through these challenging economic times, we remain committed to attracting investors who share our enthusiasm and take a long-term view of the company's growth opportunities."

[AAEM]

Thanks All

[boundas]

3 Top Active Plays to Consider for your Trading Portfolio HAL, COUGF, NSRGY


Cougar Oil & Gas (OTC: COUGF) provided updates about its various operations. Cougar Oil & Gas is involved in the business of oil and gas exploration. It is also involved the process of production of gas and oil. Cougar Oil & Gas is currently trading at $3.95. The stock is 8.82 percent up from its previous close. Cougar Oil & Gas stock opened at $3.84 and touched the high of $3.96. The stock’s lowest price in today’s session is $3.57. The company stock has traded in the range of $1.20 and $5.24 during the past 52 weeks. The company’s market cap is $244.34 million

[boundas]

In fact i really don't know the only information i have is what they communicate.

For 2010, they post in website less 250 BOEPD.
Recently, after the 3D sismic study and fincancing plan, they announce an objective of 2000 bbl/d, after completing the drilling & production program.

But i don't know if it is serious or marketing communication.

And, last Friday (just befor teh recent communication), the price was under 2.5 $ & today, it reaches almost 4$ with high volume.

Does it mean the objectif is serious, i don't really know

[Peggy]

My only source on this was the COUGF annual report filed with the SEC last July or August.

In that report it was stated that they were producing about 250 barrels of oil per day. Could be more than that now but I don't know.

Regardless, OPEC it ain't.

[AAEM]

Isn't it already producing and generating revenue?

[boundas]

The question is Cougf will really produce oil or not. Oil price will undoubtedly raise

[AAEM]

Midlle east revolutions: Do you think with all the revolutions going on in the middle east, cougf should be going up further? If Muslim brotherhood took over control, they will either raise the oil price or will not even sell to the west. Any thoughts?

[boundas]

I really apreciate your advise.

I take good lesson, & with this squeeze since 1,5 year i changed my methode to choose stock to buy.

[Peggy]

Hey, I hope I am wrong also and you recover all of your downside. Just telling you what my prior experience with these guys was.

COUGF is actually up quite nicely but I haven't seen any evidence that it is dragging up KDKN and TAMO with it.

Good luck. Always read the disclaimers, never buy at what appears to be a top, and if you get a profit don't hold one hoping for one more dollar.

[Mr B]

Rode it once, and am watching the close and possibly tomorrows action.. 5% a day is ok by me... Not sure I'm trusting the price unless it trades around the50 day for a while awaiting news.

[Peggy]

Appreciate your feedback.

When I realized the same people (SISM, Schlotter) were pumping this sucker, I stayed out. May have lost a gain but I was not ready to buy their song this time around.

I have a personal tendency to ride them up too long and lose some or all of my profit so I erred on the side of caution.

Hope you make a killing and then ride off into the sunset with their bucks this time around.

[boundas]

Thank's for this clear explanation.

I understand that the last communication is false & is not promising of 2000 BOEPD cougf capacity for 2012.

Nevertheless, i am losing roughly 80% on Tamo & 60% on KDKN so i am condemne to keep those stocks untill i will lose 100% or recover at last 80% of my investment.

Sure i am aware of risks in stock trading but i prefere, even i am not convinced, to believe you're wrong.

[Mr B]

I'm looking for it to test the 50day MA... at this pace.

[Mr B]

Honestly, I was eaten alive on KDKN as well, so COUGF has been a nice payback...

this chart is looking too promising to ignore.. the ADX, MACD are crossing today if it stays positive on increasing volume... could be a decent flip.. in my opinion. Until or if they ACTUALLY get to the AMEX, which is discouraging they've not posted progress on, I'm just keeping an eye on it... or an occasional 10% gain is ok too.

http://stockcharts.com/h-sc/ui?s=COUGF&p=D&yr=0&mn=0&dy=20&id=p65547032873

[Peggy]

Stumbled across your post.

Spot on. The same characters who have touted KDKN for many years did the same thing with TAMO. And now COUGF looks like the pump of the month. As you are surely aware, COUGF will likely be gasping for air fairly soon.

They played this game back in Jan 11 and apparently got many takers at 5 bucks a share. Not likely those folks will ever see that number again but human nature being what it is many will hang waiting for the pop that never comes.

Nice post.

[Peggy]

There is no doubt that COUGF is currently being actively pumped by multiple PR firms who are compensated for the privilege.

Stock was actively pumped in the Nov/Dec 2010 timeframe and reached as high as the low 5 dollar range in early Jan 11. In fact it had a very good run that started in late Nov 10. Stock rose from less than $2.00 to over $5.00. Big losses started on 25 Jan 11. By 8 Feb 11 the stock had dropped to as low as $2.00 a share, easily a 60% drop in about 2 weeks.

Looks like to me there has been another wave of pumping and the stock has reacted well to something around $3.19.

The 64K question is how high it will go (I seriously doubt that those who bought in at over 5 beans a share will recover their losses) and when will it tank. Notice I said when will it tank, not if it will tank. These pumped stocks follow a pattern and will surely fall of the table at some point. Of course there is no way to determine when the dumpers will start dumping.

The relationship between COUGF and both KDKN and TAMO is purportedly a mutually beneficial one ... if COUGF pps increased so would the other 2 stocks. COUGF is up 35% since 8 Feb 11.

KDKN is up 1 cent in the same timeframe (5%). TAMO is actually down 1 cent (~ 7%) in this timeframe.

They sure do not appear to be joined at the hip to me.

I trust this group of supposed managers about as far as I can throw them. They duped me and I fear they are duping you.

I would be as pleased as punch to be wrong about this and that all 3 companies are fledgling EXXONs. Just don't see it.

I just cannot see how either KDKN or TAMO will return to the .70 and .90 levels that you bought them at. Just because they claim that increases in COUGF will benefit the other 2 does not mean it is going to happen. If it does happen I would personally recover whatever you can. At some point you may have to suck it up and recover what you can. TAMO is back at day 1 prices of 7/30/2007. KDKN has been around since 2002 or so. Shares were at $48 per share for a cup of coffee then quickly collapsed. Have been as low as less than a penny. Do not assume these stocks can't go lower ... they can go to zero!

But please, seek some second and third opinions on this.

P.S. - Nothing Schlotter has ever written has come through. Either he is a bad analyst or ????? Also have no idea who bestowed the title of 4 star analyst on him or what it means. It sure is not based on sound analysis and projections.