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I watch and it goes from 0.015 to 0.03, consistantly. I will hold.
I will be satisfied if the revenue continues to trend higher next quarter. Increasing revenues will make this pinky harder to ignore
We need to see more progress on Big Foot Field to see higher revenues...I am invested in MKGP (big foot field operator) and its almost the same problem like with DPRK.
Pink sheet non-reporting company.
the May 7th, 2008 quarterly report shows improvement over the prior quarter.
total revenues 130,114 versus 78,999 last quarter.
the question is, when will the stock price go up?
potential buyout candidate?
I am currently banned on the SWVC board, but I have a reply to your mirror question. The purpose of mirror trades is for the MMs to create liquidity when there a not many trades going on in a certain stock. It is basically one MM selling to another MM.
MM is a market maker
Thanks for posting that
financials for 4Q:
http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=13674
As I already told you guys in previous message, there were going to increase revenues in 4Q as every other company involved in Big Foot Field.
And it should be getting better every other quater too...
Hmmm Maybe I was wrong... 0.03???? Cool
Great! Does that mean we now go sub penny?
Well I bought more so that must mean its going to drop. I am no good at this...
Thanks theomax for the info.
Maybe something good will come out of this after all.
Been holding it for a long time now.
guys, if you want to know news on Big foot field project, which DPKR is part of, you can watch MKGP news or MKGP newsletters, see here:
http://www.maverickenergygroup.com/mkgp.html
from last MKGP news:
"...........However, now that Z2 has finally reached profitability and we can start booking a percentage of those profits,......................, we anticipate that our net profit margin should start increasing beginning next quarter"
Z2 means Big Foot Field.
So DPRK shouldnt be dead fish.
Anyone have any thoughts regarding the marketmakers spread on this stock??
bid .014-ask .038 (no attempt at all to sell shares at any kind of fair price). I have never seen a bid/ask this wide!!!
Looks to me as though this is a rip off attempt.
Legislation needed to relieve these people from power!!!!
I missed it what it do bounce .018 - .03? I have a LONG way to go on this
Based on the activity on this board, and lack of public information by management, I am starting to feel as if the company has filed bankrupcy, and I am the only one that is not aware of it!!! Or is it "no news is good news".
Well, guess its time to try to buy more at close to the current last trade, (.0014). This will be my third cost avg. down over the last 1 1/2 yrs., but OH WELL.
In it for the long haul on these penny stocks, so whoever is out there trying to suck in shares at .0014 can forget about getting all that hit the market, because I am going to get a few more.
Rap about Z2 is not very positive, but with oil at $95 and going higher, with no forseeable meaningfull downside in sight, this company should be able to turn a profit and show some shareholder value before to long!!!
was he speaking about Big Foot Field or do they have some other properties with production?
I wrote to the IR for Deep Rock this morning and I was very surprised at how fast he replied, here is his reply.
Yes, there is progress to report. As a result of our deepening program (re-entering existing wells and deepening them instead of drilling new wells-much cheaper) daily production has increased from 240 BOPD to over 600 BOPD. If we can complete the wells we are working on now, daily production should reach 700 BOPD. In addition, additional wells are being permitted.
I apologize for the lack of a press release but the situation is so fluid it's hard to accurately assess reserves now.
Thank you for your interest.
Regards
Steve Riker
anything on this dog???
LS can't be as bad as that POS you own BLLNE wow what a pig. "Loser Award" lmao seems like you already bough Arizona and the Brooklyn Bridge on that one. P UUUUUUUUUU lmao
anyone interested in arizona ocean front property? Give you a sweet deal!
hey you guys might do something today and in near future..
with all this "buying"...why is the price going down...or, more correctly....not moving upwards???
Lots of buying again today, something may be up.
Nice news, should grab some attention and cause a major bounce off these lows IMO.
Deep Rock Oil & Gas, Inc. Announces the Completion of $40 Million Advancing Credit Facility for Z2, LLC
TULSA, Okla., Sept. 28, 2006 (PRIMEZONE) -- Deep Rock Oil & Gas, Inc. (Pink Sheets:DPRK), along with other members of Z2, LLC (Z2) is pleased to announce the closing of a $40,000,000 Advancing Credit Facility with Gasrock, LLC of Houston, Texas on August 26, 2006. This financing will permit Z2 to further exploit its Big Foot Field holdings in south Texas. The financing will be utilized to rework producing wells which are currently not producing and to begin a drilling program on a portion of the 200 proven undeveloped locations contained in Z2's engineering report dated January 1, 2006.
According to Z2's most recent engineering report, the estimated future net revenue from the producing properties may be in excess of $38,000,000, and the estimated future net revenue from the Proven Undeveloped Properties (PUDS) yet to be drilled could be in excess of $353,000,000.
"With the Gasrock, LLC financing in place, Z2 and Deep Rock, as a member of Z2, should be able to increase the production of the Big Foot Field over the next couple of years. Deep Rock, as both a member of Z2 and consultant to the Operator of the Big Foot Field, is excited about the possibilities of increased production that this financing will allow," stated Robert Garner, CEO of Deep Rock.
Deep Rock owns a 6.29 interest in Z2, LLC. The field was recently valued at almost $19,000,000 by an independent third party.
In addition, Deep Rock also owns 5.8265% net profits interest in the Big Foot Field which benefits from the production from the field without any capital expenditures offsets.
About Deep Rock Oil & Gas, Inc.
Deep Rock Oil & Gas, Inc. ("Deep Rock or the Company") is an oil and natural gas exploration and production company and currently has working interests in 33 wells, ten of which are operated by the Company. By utilizing advanced recovery technologies, sound engineering and experienced and committed management, Deep Rock has developed a proven corporate growth strategy of identification, acquisition and development of domestic oil and gas reserves thereby reducing U.S. dependence on foreign oil.
Great looking news today IMO, the market should notice soon.
nt much wll hve to wait tll company updates
Looks like bottom, in some today on that solid news. Any info out there?
looking for info on DPRK, I have a small long position in this, (bought without enough DD) so I'm wondering if anyone out there has any updates on this stock, very little to be found anywhere.
decent vol we may have a pr due on bigfoot field?
I haven't heard anything since this PR...neither has anyone else...thus the collapse in price.
TULSA, Okla., May 3, 2006 (PRIMEZONE via COMTEX) -- Deep Rock Oil & Gas, Inc. (Pink Sheets:DPRK) announced today that it has finalized the acquisition of 6.29% interest in Z2, LLC which owns 100% of the working interest in Big Foot Field, Frio and Atatscosa Counties, Texas. Based on reserve reports by a leading national engineering firm, this acquisition adds 75,000 barrels of proven developed producing (PDP) oil to Deep Rock's ownership in this field. For a cost of $5.37 per barrel, Deep Rock is estimated to receive future net cash flow of $1,671,000 with a present value at 10% of $877,000.
In addition to the PDP reserves, Deep Rock now has an estimated 367,540 barrels of proven undeveloped reserves (PUD). Fully developed, these reserves could yield net cash flow of $15,443,000 with a PV 10% of $5,803,000 to Deep Rock.
is this company currentl producing oil?
Yes but the Oil stocks have peaked in mid April...check the charts of HAL or the energy spyder XLE (you will see the declines)...some news about one of their wells will bring it back.
whats with this stock, it shed over halve its value in 3 months on an ever downward sloping trend. whats the os
Bought This Today Looks Good.
Deep Rock Oil & Gas, Inc. Makes Additional Gas Lease Acquisition Adjacent to Washington Gathering System
Revenues from New Drilling on the Lease Anticipated at $1,500,000 Annually
11/8/2005 4:05:15 PM
TULSA, Okla., Nov 8, 2005 (PRIMEZONE via COMTEX) -- Deep Rock Oil & Gas, Inc. (Pink Sheets:DPRK) announced today that it has finalized the acquisition of nearly 400 acres adjacent to the Washington Gathering System in northern Oklahoma. This acquisition is complete with a saltwater disposal well and has the potential for drilling up to 8 new well sites.
If all 8 wells are drilled and completed, it is projected to add nearly 75,000-100,000 MCF of gas delivery rates per well with a completion cost per well estimated at $75,000. Robert Garner, CEO commented, "We are pleased with the completion of this latest acquisition as it is further evidence that we are successfully implementing our business plan. Additionally, we are always excited to bring news like this to our shareholders." Gross revenues could reach an additional $1,500,000 annually with an additional increase in gross gas reserves of 4 BCF.
About Deep Rock Oil & Gas, Inc.
Deep Rock Oil & Gas, Inc. ("Deep Rock or the Company"), is an oil and natural gas exploration and production company and currently has working interests in 33 wells, ten of which are operated by the Company. By utilizing advanced recovery technologies, sound engineering and experienced and committed management, Deep Rock has developed a proven corporate growth strategy of identification, acquisition and development of domestic oil and gas reserves thereby reducing U.S. dependence on foreign oil.
Safe Harbor Statement
Certain statement included in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions are generally considered forward-looking statements. These statements reflect our current expectations.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: Deep Rock Oil & Gas, Inc.
Deep Rock Oil & Gas, Inc.
Robert Garner
(918) 459-9689
looks like it did.
what I thought it would do..
emails came in at .50 and looks to have dropped to about .35(give and take)
glta.imo
bruce2003
Sorry for not responding sooner.
Left the country for a few weeks, now heading back to the US. not thier yet. Still waiting my departure at Airport, should be another hour and some minutes.
The emails and paper adds, came to me the first couple weeks of the month. Can't say for sure what dates they arrived.
I have yet to see what it has done since I have been out..
imo
glta..
bruce2003
Your going to have to take the title
of 'Oilbaron!'
--check out GCOG.
Keith
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Number of Employees 2 as of Jul 1, 2007
SEC Reporting Status non-SEC Reporting Company Fiscal Year End 12/31
Estimated Market Cap 3,057,647.2 as of Nov 9, 2007
Outstanding Shares 122,305,888 as of Jan 17, 2007
Authorized Shares 500,000,000 as of Jan 17, 2007
Float 40,000,000 as of Jan 17, 2007
Deep Rock Oil & Gas, Inc. 9125 South Sheridan Suite 104 Tulsa, OK 74133 http://www.deeprock.net/ Phone: 918-592-2844 Fax: 800-689-6042 E-mail: sriker@deeprock.net Oil & Gas Explorationhttp://www.sec.gov/answers/unsolicitedquotations.htm http://pinksheets.com/otciq/ajax/showFinancialReportById?id=11561 Posting Rules for the Deep Rock Oil & Gas, Inc. board! All posters will be subject to the IHub TOU agreement. Any messages that violate the User Agreement or detracts from the civility of the board will be removed.
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