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Took over as mod and posted chart. If anybody wants to help with ibox stuff, please let me know.
Simple...Same old same old non performing company.Pumping it only carries it so far.
IMO
OK, why is the bid collapsing here in the pre-market? don't see any news or filings out.
news
http://www.pressmethod.com/releasestorage/793.htm
caliber Preparing to Drill Test Leduc Pinnacle Reef at Bolloque
(PressMethod) - Caliber Energy, Inc. (OTC BB:CALB.OB - News), today reports that the Company is moving forward in making the necessary preparations for the spud of the first oil well at the Bolloque Project, Alberta Canada.
The Company and the operator of the project, Transaction Oil and Gas Ventures of Calgary have begun the well licensing, required permitting and have picked the well location. Site preparations will commence when the government road bans are lifted, anticipated to be shortly. Caliber is now locating a drilling rig for the project and expects to be drilling in 3 weeks. The well depth to test the top of the Leduc is approximately 3,300 feet (1,100 meters). Caliber has executed an Authority for Expenditure (A.F.E.) totaling $329,000 to drill, test and case the well. An additional $125,000 will be required to complete the well. Caliber is earning its 49% working interest by drilling, casing and completing an exploratory well on the leases.
As earlier reported, the Company commissioned a seismic review and interpretation on the Bolloque Project by an independent reservoir engineer and geophysicist that confirmed the presence of a Leduc Pinnacle Reef buildup under the Company leases. The seismic section shows a reef buildup of approximately 30 meters (98.5 feet). The reef has never been tested for oil at its highest development and Caliber will drill at this location to test for oil accumulation. Analog comparison wells in the Acheson D-3A pool with less pay thickness than Bolloque have had peak production rates of 300 barrels per day.
The project is located 60 miles north of Edmonton, Alberta in the prolific oil producing Leduc area. Leduc Reef oil fields south of Bolloque contain oil wells that produce oil at rates of several hundred barrels per day. Also, individual wells have cumulatively produced over one million barrels of oil. Production has been between a low of 145 and a high of 400 barrels per day with pay thickness of 35 to 142 feet.
ABOUT CALIBER ENERGY
Caliber Energy, Inc. is a growth oriented Company primarily focused on developing advanced coal projects and other high potential business opportunities in the energy sector. Caliber is focusing on coal, oil and natural gas. Caliber's primary focus is on advancing coal projects to production, combined with the opportunities management has identified that would provide immediate cash flow and revenue by securing coal trade agreements. Caliber augments the coal projects with oil and gas opportunities that are low risk with a high rate of return. With this diverse portfolio, Caliber Energy minimizes risk as the Company meets demand for fossil fuels.
Safe harbor for Forward-Looking Statements:
Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Caliber Energy, Inc. has little or no control.
ON BEHALF OF THE BOARD
Caliber Energy, Inc.
"Graeme F. Scott"
Contact:
Contact:
Graeme Scott
1-888-267-6147
CONTACT INFORMATION
Email Us
http://
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Same old same old CALB?Or is there substance behind recent interest?
with any luck he will stay over there crap like that will wreck a board.
looks like some kid who is bored..
nobody will take him serious, can't be a pumper
ok, so who is this guy http://ragingbull.lycos.com/mboard/memalias.cgi?board=all&member=wild-boy-of-aveyron pumping CALB over on the NIZ board? lol
no nothing. Haven't called anyone yet either. Haven't had much time for any serious DD yet, just chart watching so far. Someone's definitely buying/accumulating..
I love it when stocks start appreciating on very little posting, and no news or anything out of the company..
i have been loading up a little in the last few days.
there seems to be slow & steady accumlation so i follow the trend.
the problem is the company has not told us wha'ts going on yet.. have you heard anything ?
hmmm, a pretty quiet board for a stock doing so well the last week or so...
Share counts listed by Knobias are still good, as of today. eom.
Art, finally....We should have news soon. JMHO GLTY.
cw
grabbed some today. the weekly chart is too good not too..
missed the bottom by a week or so, but oh well..
Somebody on RB posting co went bankrupt....Is that true????
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CALB&read=497
This is probably the most undervalued on the BB's right now.
Easy potential for a triple at these levels. Don't know why the RB board is so negative.
IR's opinion was CALB worth at least .13-.30
Spread the word!
Spoke to IR, they have hired an intermediary between management and shareholders to get more information out about the company. Caliber has interest in many projects that are underway that have been progressing, including the Sept 28 PR. Gap in information and market price will stop now. Regular updates and PR's when necessary will be forthcoming.
IR's opinion was CALB worth at least .13-.30 just on current prospects. No dilution, O/S still just 60 mil, as they have access to a rather large credit line. CEO will be back next week from Russian trip and hard facts about the PR's operations, which was rather mediocre, but necessary to update shareholders will be coming.
No reason for selling, this is a great bottom buy.
spoke to IR (Murray) today:
Said not sure if they lost ownership to Cascade...
NO DILUTION OCCURING, many investors have the same questions, yet Grame Scott is still in Russia, he is convincing him to try and put out a PR clarifying the situation.
Told him it looks real shady right now.
He said "good things" happening in Russia right now, Grame should be back next week. He will try contacting Grame today to put out a PR.
Spread the word.
please point to where CALB has any interest with csce at all... Thanks
Hangin with PeeWee Herman
wheres Dick Cheney? with Waldo?
Date: Tuesday, May 31, 2005
Trading Symbol: OTC.BB : CALB
Caliber Updates Bolloque Project -- "7-1-64-25W4M" Well Prepares to Drill
Caliber Energy, Inc. (OTC BB: CALB), today updates the Bolloque Oil Play.
Caliber recently announced the preparations for the spud of the first oil well at the Bolloque Project, Alberta, Canada. The well designation is 7-1-64-25W4M. Caliber is now advancing funds required to complete the well licensing and site preparations totaling $45,000 as part of the executed Authority for Expenditure (A.F.E.) totaling $329,000 to drill, test and case the well.
If they both own 49% interests that leaves the Nevada seller with 2%.Seems odd to me.
futrcash
CSCE owns same well as CALB
Cascade Energy Prepares to Spud "7-1-64-25W4M" Well at Bolloque Project -- a Leduc Oil Play, Alberta, Canada
In the 9-6 PR...
Cascade has acquired a 49% working interest in the Bolloque Project
This is the same project as CALB, which I believe has majority ownership in it. So why no PR from CALB?
wow.... thats real swank...
I think the interest is due to the dip to 0.038 which might have been initiated by a stop-loss or two and then shakey hands. RSI and WM%R pretty much bottomed out yesterday. Resistance at $0.065?
http://stockcharts.com/def/servlet/SC.web?c=CALB,uu[m,a]daclyyay[pi!b50][vc60][iUb14!Lk14]&pref=...
Haven't heard anything in regards to that
Do u know if there is any truth to this:
Lisbon - A source from Banco Comercial Português (BCP) said today that Banco Comercial Português will launch a takeover to Caliber Energy Inc .
Banco Comercial Português (BCP), will notifie next monday the Portuguese National Securities Market Commission (CNMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition of Caliber Energy Inc shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid.
Banco Comercial Português (BCP) will launch a takeover bid for Caliber Energy Inc with the payment of $0.075 US for each of the that responded to the tender offer, this initial offer could reach the limit of price of $0.1 USD for each share of the company.
About Banco Comercial Português :
Banco Comercial Portugues Group (BCP) is the largest banking group in Portugal in terms of number of branches and loans to customers and the second largest in terms of total assets and customer deposits (during fiscal 2005). BCP offers banking and financial services such as commercial banking, investment banking, mortgage lending, consumer credit, specialized credit, asset management and insurance. BCP has about 8700 employees and is headquartered in Porto, Portugal.
BCP offers banking and financial services in Portugal and internationally. Although BCBs operations are primarily concerned with commercial banking, it also offers additional financial services such as investment banking, mortgage lending, consumer credit, specialized credit, asset management and insurance. BCB is also engaged in a number of international activities and partnerships. BCBs commercial banking products and services include deposit-taking, short-term lending, mortgage lending, trade finance, credit cards, fund transfers, custody of securities, foreign exchange, treasury services and money market operations. BCBs domestic commercial banking activities are conducted principally through its marketing and distribution networks in Portugal. These different networks allow BCB to segment the Portuguese commercial banking market and to serve the banking needs of specific groups of customers. The principal marketing and distribution networks in Portugal are BCP Particulares e Negocios, Atlantico, NovaRede and SottoMayor, BCP private banking and BCP corporate and BCP empresas.
BCP Particulares e Negocios or BCPs individuals and businesses network is designed to meet the financial needs of medium to high net worth individuals, such as self-employed individuals, professionals and owner-operated companies.
The Atlantico, NovaRede and SottoMayor networks comprise of BCPs principal retail distribution channels. BCPs private banking network targets individual customers with financial portfolios exceeding E1500,000. BCP Corporate (BCPs corporate wholesale network) targets large corporate and institutional customers with annual sales of E1000 million or more, while BCP Empresas (BCPs corporate retail network) targets corporate and institutional customers with annual sales between E700.5 million and E1000 million.
BCP operates through approximately 1100 branches throughout Portugal (approximately 23% of the total number of bank branches in Portugal), making it the largest banking group by number of branches in Portugal. Its branches are spread throughout Portugal, with a concentration in the main economic centers (Lisbon, Oporto, Aveiro, Braga and Setubal). The branches give BCP access to about four million customers, and provide it with a core deposit base.
CALB: Drilling and Oil Sand News next week? ...
That's why all the volume and interest.
VP Cheney will be in Albert next week
to talk energy etc.
Target .09-.1.
I cant believe this was a shakerz pick....cant win em all I guess.try amep board today for some decent gains. have watched calb for at least a month or so.
I'm not seeing a reason for such a drop. Some major holder just decided to dump? Did someone loose their shares in a divorce and the ex-wife just wanted the money?
Alberta Oil Sands Play visit by Cheney next week.
Should create interest in Alberta oil sands Otcbb stocks.
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