Oil Stock Report

[StockLogistics]

https://money.cnn.com/2000/07/04/home_auto/q_gasoline/

[aquila2021]

"Oil prices could ‘very easily’ top $100 a barrel, says former U.S. energy secretary"

https://www.cnbc.com/2021/07/06/oil-prices-could-top-100-former-us-energy-secretary-on-failed-opec-talks.html

[aquila2021]

WTI Crude Oil
The West Texas Intermediate Crude Oil market has broken higher again during the course of the week to reach towards the $74 level. That being said, the market is likely to see plenty of buyers on dips, with the $67.50 level being my projected “floor the market” currently as it is the top of the ascending triangle. Furthermore, the $70 level of course is an area that would attract a certain amount of attention as well.https://www.fxempire.com/forecasts/article/crude-oil-weekly-price-forecast-crude-oil-markets-continue-to-shoot-higher-746309
$XFLS$VBHI$EEENF

[Top Penny]

ROGI

[SeaOhToo]

$EORIF-Enhanced oil resources. $6.8 million in cash, no debt, record revenue, positive EBITDA of $784,000.

Pending news on financing and drilling program

Insider Peavy bought 2.8 million shares over the first 10 months since he was hired from Kinder Morgan. He stopped buying in mid October pending news. EORIF has a contract in place with Kinder Morgan for CO2. EORIF plans to CO2 flood 20,000 acres in the Permian Basin, beginning 2015.

Current production is 400-500 bopd. Under flood, Milnesand will produce 2500-3000, Chaveroo will produce another 7500.

Current reserves valued at $54 million, under CO2 Flood PV-10 anticipated to be $260 million.

PEAVY, MARK ALAN
Insider's Relationship to Issuer: 5 - Senior Officer of Issuer
Ceased to be Insider: Not applicable
Security designation: Common Shares (Common Shares)
2225967 2013-01-23 2013-02-19 Direct Ownership :
00 - Opening Balance-Initial SEDI Report Common Shares

O 2225972 2013-02-04 2013-02-19 Direct Ownership :
10 - Acquisition or disposition in the public market +50,000 0.1077 Common Shares +50,000

A 2225972 2013-02-04 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +50,000 0.1077 USD 50,000 Common Shares +50,000 50,000

O 2225970 2013-02-06 2013-02-19 Direct Ownership :
10 - Acquisition or disposition in the public market +50,000 0.1078 50,000 Common Shares +50,000

A 2225970 2013-02-06 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +50,000 0.1078 USD 100,000 50,000 Common Shares +50,000 100,000

O 2225974 2013-02-06 2013-02-19 Direct Ownership :
10 - Acquisition or disposition in the public market +9,500 0.0979 Common Shares +9,500

A 2225974 2013-02-06 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +9,500 0.0979 USD 109,500 Common Shares +9,500 109,500

O 2225975 2013-02-07 2013-02-19 Direct Ownership :
10 - Acquisition or disposition in the public market +24,000 0.0977 Common Shares +24,000

A 2225975 2013-02-07 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +24,000 0.0977 USD 133,500 Common Shares +24,000 133,500

O 2225977 2013-02-07 2013-02-19 Direct Ownership :
10 - Acquisition or disposition in the public market +500 0.0979 Common Shares +500

A 2225977 2013-02-07 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +500 0.0979 USD 134,000 Common Shares +500 134,000

O 2225979 2013-02-08 2013-02-19 Direct Ownership :
10 - Acquisition or disposition in the public market +16,000 0.0973 Common Shares +16,000

A 2225979 2013-02-08 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +16,000 0.0973 USD 150,000 Common Shares +16,000 150,000

O 2225990 2013-02-11 2013-02-19 Direct Ownership :
10 - Acquisition or disposition in the public market +4,000 0.0968 Common Shares +4,000

A 2225990 2013-02-11 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +4,000 0.0968 USD 154,000 Common Shares +4,000 154,000

O 2225991 2013-02-11 2013-02-19 Direct Ownership :
10 - Acquisition or disposition in the public market +5,000 0.1000 Common Shares +5,000

A 2225991 2013-02-11 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +5,000 0.1000 USD 159,000 Common Shares +5,000 159,000

O 2225988 2013-02-14 2013-02-19 Direct Ownership :
10 - Acquisition or disposition in the public market +50,000 0.1024 Common Shares +50,000

A 2225988 2013-02-14 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +50,000 0.1024 USD 209,000 Common Shares +50,000 209,000

O 2225989 2013-02-14 2013-02-19 Direct Ownership :
10 - Acquisition or disposition in the public market +66,000 0.0974 Common Shares +66,000

A 2225989 2013-02-14 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +66,000 0.0974 USD 275,000 Common Shares +66,000 275,000

O 2225987 2013-02-15 2013-02-19 Direct Ownership :
10 - Acquisition or disposition in the public market +100,000 0.0969 Common Shares +100,000

A 2225987 2013-02-15 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +100,000 0.0969 USD 375,000 Common Shares +100,000 375,000

O 2229796 2013-02-20 2013-02-25 Direct Ownership :
10 - Acquisition or disposition in the public market +7,500 0.0910 Common Shares +7,500

A 2229796 2013-02-20 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +7,500 0.0910 USD 382,500 Common Shares +7,500 382,500

O 2229800 2013-02-21 2013-02-25 Direct Ownership :
10 - Acquisition or disposition in the public market +22,000 0.0908 Common Shares +22,000

A 2229800 2013-02-21 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +22,000 0.0908 USD 404,500 Common Shares +22,000 404,500

O 2229801 2013-02-25 2013-02-25 Direct Ownership :
10 - Acquisition or disposition in the public market +16,000 0.1048 Common Shares +16,000

A 2229801 2013-02-25 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +16,000 0.1048 USD 420,500 Common Shares +16,000 420,500

O 2246208 2013-02-28 2013-03-19 Direct Ownership :
10 - Acquisition or disposition in the public market +14,000 0.1144 Common Shares +14,000

A 2246208 2013-02-28 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +14,000 0.1144 USD 434,500 Common Shares +14,000 434,500

O 2246213 2013-02-28 2013-03-19 Direct Ownership :
10 - Acquisition or disposition in the public market +14,500 0.1150 Common Shares +14,500

A 2246213 2013-02-28 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +14,500 0.1150 USD 449,000 Common Shares +14,500 449,000

O 2246207 2013-03-04 2013-03-19 Direct Ownership :
10 - Acquisition or disposition in the public market +1,000 0.1192 Common Shares +1,000

A 2246207 2013-03-04 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +1,000 0.1192 USD 450,000 Common Shares +1,000 450,000

O 2246200 2013-03-05 2013-03-19 Direct Ownership :
10 - Acquisition or disposition in the public market +5,000 0.1170 Common Shares +5,000

A 2246200 2013-03-05 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +5,000 0.1170 USD 455,000 Common Shares +5,000 455,000

O 2246201 2013-03-05 2013-03-19 Direct Ownership :
10 - Acquisition or disposition in the public market +71,500 0.1143 Common Shares +71,500

A 2246201 2013-03-05 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +71,500 0.1143 USD 526,500 Common Shares +71,500 526,500

O 2246204 2013-03-05 2013-03-19 Direct Ownership :
10 - Acquisition or disposition in the public market +69,500 0.1192 Common Shares +69,500

A 2246204 2013-03-05 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +69,500 0.1192 USD 596,000 Common Shares +69,500 596,000

O 2239659 2013-03-06 2013-03-11 Direct Ownership :
10 - Acquisition or disposition in the public market +44,000 0.1193 Common Shares +44,000

A 2239659 2013-03-06 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +44,000 0.1193 USD 640,000 Common Shares +44,000 640,000

O 2239661 2013-03-06 2013-03-11 Direct Ownership :
10 - Acquisition or disposition in the public market +2,500 0.1193 Common Shares +2,500

A 2239661 2013-03-06 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +2,500 0.1193 USD 642,500 Common Shares +2,500 642,500

O 2239663 2013-03-06 2013-03-11 Direct Ownership :
10 - Acquisition or disposition in the public market +8,000 0.1192 Common Shares +8,000

A 2239663 2013-03-06 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +8,000 0.1192 USD 650,500 Common Shares +8,000 650,500

O 2239664 2013-03-06 2013-03-11 Direct Ownership :
10 - Acquisition or disposition in the public market +6,500 0.1188 Common Shares +6,500

A 2239664 2013-03-06 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +6,500 0.1188 USD 657,000 Common Shares +6,500 657,000

O 2246198 2013-03-06 2013-03-19 Direct Ownership :
10 - Acquisition or disposition in the public market +79,000 0.1193 Common Shares +79,000

A 2246198 2013-03-06 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +79,000 0.1193 USD 736,000 Common Shares +79,000 736,000

O 2240896 2013-03-07 2013-03-12 Direct Ownership :
10 - Acquisition or disposition in the public market +100,000 0.1191 Common Shares +100,000

A 2240896 2013-03-07 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +100,000 0.1191 USD 836,000 Common Shares +100,000 836,000

O 2246220 2013-03-07 2013-03-19 Direct Ownership :
10 - Acquisition or disposition in the public market +1,500 0.1142 Common Shares +1,500

A 2246220 2013-03-07 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +1,500 0.1142 USD 837,500 Common Shares +1,500 837,500

O 2246219 2013-03-11 2013-03-19 Direct Ownership :
10 - Acquisition or disposition in the public market +98,500 0.1144 Common Shares +98,500

A 2246219 2013-03-11 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +98,500 0.1144 USD 936,000 Common Shares +98,500 936,000

O 2248630 2013-03-19 2013-03-22 Direct Ownership :
10 - Acquisition or disposition in the public market +10,500 0.1144 Common Shares +10,500

A 2248630 2013-03-19 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +10,500 0.1144 USD 946,500 Common Shares +10,500 946,500

O 2248634 2013-03-19 2013-03-22 Direct Ownership :
10 - Acquisition or disposition in the public market +35,500 0.1146 Common Shares +35,500

A 2248634 2013-03-19 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +35,500 0.1146 USD 982,000 Common Shares +35,500 982,000

O 2253835 2013-03-22 2013-03-28 Direct Ownership :
10 - Acquisition or disposition in the public market +50,000 1.1052 Common Shares +50,000

A 2253835 2013-03-22 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +50,000 1.1052 USD 1,032,000 Common Shares +50,000 1,032,000

O 2257618 2013-03-28 2013-04-03 Direct Ownership :
10 - Acquisition or disposition in the public market +28,000 0.1058 Common Shares +28,000

A 2257618 2013-03-28 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +28,000 0.1058 USD 1,060,000 Common Shares +28,000 1,060,000

O 2257621 2013-03-28 2013-04-03 Direct Ownership :
10 - Acquisition or disposition in the public market +26,000 0.1059 Common Shares +26,000

A 2257621 2013-03-28 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +26,000 0.1059 USD 1,086,000 Common Shares +26,000 1,086,000

O 2257622 2013-03-28 2013-04-03 Direct Ownership :
10 - Acquisition or disposition in the public market +500 0.1059 Common Shares +500

A 2257622 2013-03-28 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +500 0.1059 USD 1,086,500 Common Shares +500 1,086,500

O 2260314 2013-04-01 2013-04-08 Direct Ownership :
10 - Acquisition or disposition in the public market +5,000 0.1100 Common Shares +5,000

A 2260314 2013-04-01 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +5,000 0.1100 USD 1,091,500 Common Shares +5,000 1,091,500

O 2260315 2013-04-01 2013-04-08 Direct Ownership :
10 - Acquisition or disposition in the public market +6,000 0.1100 Common Shares +6,000

A 2260315 2013-04-01 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +6,000 0.1100 USD 1,097,500 Common Shares +6,000 1,097,500

O 2262682 2013-04-01 2013-04-10 Direct Ownership :
10 - Acquisition or disposition in the public market +3,000 0.1100 Common Shares +3,000

A 2262682 2013-04-01 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +3,000 0.1100 USD 1,100,500 Common Shares +3,000 1,100,500

O 2262680 2013-04-02 2013-04-10 Direct Ownership :
10 - Acquisition or disposition in the public market +31,500 0.1100 Common Shares +31,500

A 2262680 2013-04-02 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +31,500 0.1100 USD 1,132,000 Common Shares +31,500 1,132,000

O 2262676 2013-04-04 2013-04-10 Direct Ownership :
10 - Acquisition or disposition in the public market +14,900 0.1000 Common Shares +14,900

A 2262676 2013-04-04 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +14,900 0.1000 USD 1,146,900 Common Shares +14,900 1,146,900

O 2262678 2013-04-04 2013-04-10 Direct Ownership :
10 - Acquisition or disposition in the public market +85,100 0.1000 Common Shares +85,100

A 2262678 2013-04-04 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +85,100 0.1000 USD 1,232,000 Common Shares +85,100 1,232,000

O 2262673 2013-04-08 2013-04-10 Direct Ownership :
10 - Acquisition or disposition in the public market +5,000 0.1000 Common Shares +5,000

A 2262673 2013-04-08 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +5,000 0.1000 USD 1,237,000 Common Shares +5,000 1,237,000

O 2262675 2013-04-08 2013-04-10 Direct Ownership :
10 - Acquisition or disposition in the public market +15,000 0.1000 Common Shares +15,000

A 2262675 2013-04-08 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +15,000 0.1000 USD 1,252,000 Common Shares +15,000 1,252,000

O 2274041 2013-04-25 2013-05-08 Direct Ownership :
10 - Acquisition or disposition in the public market +67,000 0.1000 Common Shares +67,000

A 2274041 2013-04-25 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +67,000 0.1000 USD 1,319,000 Common Shares +67,000 1,319,000

2281593 2013-05-16 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +142,000 0.0900 USD 1,461,000 Common Shares +142,000 1,461,000

O 2281596 2013-05-17 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +8,000 0.0900 USD Common Shares +8,000

A 2281596 2013-05-17 2013-05-21 Direct Ownership :
10 - Acquisition or disposition in the public market +8,000 0.0900 USD 1,469,000 Common Shares +8,000 1,469,000

2292283 2013-06-07 2013-06-10 Direct Ownership :
10 - Acquisition or disposition in the public market +160,000 0.0800 1,629,000 Common Shares +160,000 1,629,000

2299757 2013-06-21 2013-06-24 Direct Ownership :
10 - Acquisition or disposition in the public market +200,000 0.0600 USD 1,829,000 Common Shares +200,000 1,829,000

2300480 2013-06-24 2013-06-26 Direct Ownership :
10 - Acquisition or disposition in the public market +10,000 0.0600 USD 1,839,000 Common Shares +10,000 1,839,000

2300481 2013-06-25 2013-06-26 Direct Ownership :
10 - Acquisition or disposition in the public market +190,000 0.0600 USD 2,029,000 Common Shares +190,000 2,029,000

2310200 2013-07-10 2013-07-11 Direct Ownership :
10 - Acquisition or disposition in the public market +200,000 0.0542 2,229,000 Common Shares +200,000 2,229,000

2318622 2013-07-30 2013-08-02 Direct Ownership :
10 - Acquisition or disposition in the public market +46,000 0.0560 2,275,000 Common Shares +46,000 2,275,000

2318624 2013-08-01 2013-08-02 Direct Ownership :
10 - Acquisition or disposition in the public market +2,000 0.0600 2,277,000 Common Shares +2,000 2,277,000

2318625 2013-08-01 2013-08-02 Direct Ownership :
10 - Acquisition or disposition in the public market +8,000 0.0600 2,285,000 Common Shares +8,000 2,285,000

2318627 2013-08-02 2013-08-02 Direct Ownership :
10 - Acquisition or disposition in the public market +85,000 0.0600 2,370,000 Common Shares +85,000 2,370,000

2323111 2013-08-12 2013-08-13 Direct Ownership :
10 - Acquisition or disposition in the public market +15,000 0.0656 2,385,000 Common Shares +15,000 2,385,000

2326300 2013-08-19 2013-08-20 Direct Ownership :
10 - Acquisition or disposition in the public market +10,000 0.0654 2,395,000 Common Shares +10,000 2,395,000

2334714 2013-09-05 2013-09-09 Direct Ownership :
10 - Acquisition or disposition in the public market +200,000 0.0750 USD 2,595,000 Common Shares +200,000 2,595,000

2341580 2013-09-20 2013-09-24 Direct Ownership :
10 - Acquisition or disposition in the public market +200,000 0.0680 USD 2,795,000 Common Shares +200,000 2,795,000

2353783 2013-10-18 2013-10-22 Direct Ownership :
10 - Acquisition or disposition in the public market +16,000 0.0705 2,811,000 0.0705 Common Shares +16,000 2,811,000

[SeaOhToo]

$RNCH Announce 1-2 well drilling within next few weeks.

[stockwrestler2]

Border Petroleum (BOR)

Chart shows a double bottom in progress,
and larger volumes.

September volumes: above 14 million,

and Dundee a steady buyer ...

Summary at: Stockwrestler's Portfolio

[SeaOhToo]

$EORIF, Well now we have 2 insiders reporting PURCHASES

Insider name: Lasker, Barry David

Insider's Relationship to Issuer: 4 - Director of Issuer, 5 - Senior Officer of Issuer

Ceased to be Insider: Not applicable

Security designation: Common Shares (Common Shares)


2191779 2012-12-17 2012-12-19 Direct Ownership :
10 - Acquisition or disposition in the public market +43,000 0.0900 890,703 890,703 Common Shares +3,870 851,573



2191785 2012-12-19 2012-12-19 Direct Ownership :
10 - Acquisition or disposition in the public market +40,000 0.0850 930,703 Common Shares +3,400 854,973



2342657 2013-09-24 2013-09-26 Direct Ownership :
10 - Acquisition or disposition in the public market +90,000 0.0700 1,020,703 Common Shares

[SeaOhToo]

$EORIF, sitting on $6.9 million in cash, no debt, record revenues

Nice size bid, 1.000.000 @ .0625

Assets valued at $54 million, no debt

Market Cap is undervalued at $10 million.

[stockwrestler2]

Petrobank Energy and Resources Ltd T.PBG

to buy back shares
from September 2013 to September 2014.

Comment on Petrobank Energy on SH bullboard re: buy back of shares "This is good news. The bottom is / was .40 cents...the company will start the buy back and average down and people will follow of course!! Next year, this will be +$2 a share!"

[stockwrestler2]

Pinecrest Energy Inc. (TSX: V.PRY, Stock Forum) saw its shares rise 5.3% to 40 cents Thursday, leaving a market cap of $86.8 million, based on 217.2 million shares outstanding. The 52-week range is $2.16 and 37.5 cents.

On Wednesday, Pinecrest announced a reduction in the company’s capital program for 2013 to $80 million from $135 million.

The company’s exit production guidance was lowered from 6,000 barrels of oil equivalent per day to a range of 3,100-3,400.

[stockwrestler2]

Petrobank Energy and Resources Ltd. (PBG)
--from Stockhouse.com bullboard re: Petrobank Energy:

Mkt Cap $48 mill..

User avatar
drd8
4 stars
August 08, 2013 08:40 pm
Petrobank has submitted an environmental protection plan for a second THAI project at Luseland, just northwest of Kerrobert. It had $79-million in working capital and no debt as of March 31.

Value to shareholders could be huge!
User avatar
MartinDupuis.com
4 stars
August 06, 2013 01:50 pm 45 reads
Post Quality
0 stars
If they can figure out how to commercialize THAI! There are trillions of barrels of heavy oil around the world that could be extracted using THAI. At .55 cents a share, this is ridiculous!!

I see PBG trading today at 42-43c. ScotiaBank analyst has an 80c. target.
With the price of oil on the upswing, I should own this one.
Their market cap is much less than cash on hand.

[stockwrestler2]

LGX Oil + Gas Inc. (OIL) --Update
Rated a BUY and UNDERVALUED by MorningStar analysts:

Follow the SH link to 2nd quarter results:

http://www.stockhouse.com/news/press-releases/2013/08/12/lgx-oil-gas-inc-announces-second-quarter-2013-results

www.lgxoil.com

[stockwrestler2]

New Stock Alert:

"Pinecrest Energy, Inc is a petroleum and natural gas exploration, production and development company, with operations in the Canadian provinces of Alberta and Saskatchewan."
Cdn and US tickers (PRY) (PNCGF)

BUY and UNDERVALUED ratings from Morningstar analysts.
I have been watching this one closely and it really looks oversold now
(trading at 39-41c.)
The company had a net profit of over $4m. last quarter, and with the POO
(price of oil) remaining high, this seems like a great entry point for future gains.

[SeaOhToo]

$EORIF-Infill drilling-The work of a newly assembled development team to evaluate and refine our drilling and CO2 development plans have put us in a position to potentially extend our proved and probable reserves in the Milnesand and Chaveroo fields with the additional drilling we expect to commence in the 4th quarter of 2013 and into 2014.

[stockwrestler2]

Wednesday, September 4, 2013

Pinecrest Energy Inc. (PRY) (PNCGF)
"Pinecrest Energy, Inc is a petroleum and natural gas exploration, production and development company, with operations in the Canadian provinces of Alberta and Saskatchewan."
Cdn and US tickers (PRY) (PNCGF)

BUY and UNDERVALUED ratings from Morningstar analysts.
I have been watching this one closely and it really looks oversold now
(trading at 39-41c.)
The company had a net profit of over $4m. last quarter, and with the POO
(price of oil) remaining high, this seems like a great entry point for future gains.

[stockwrestler2]

Sonoro Energy Ltd SNVFF
Sector: Energy | Sub-Sector: Oil & Gas E&P
Sonoro Energy Ltd. is an oil exploration and development company. It focuses on asphalt resource exploration and development in Iraq.

THIS COULD BE A QUICK DOUBLE IF THEIR IRAQ OIL CONTRACT IS VERIFIED...they will then have the rights to all heavy oil in one province (with, I think 2 JV partners).

sw

[Hammer1]

COIL YOUR NEXT HUGE OIL WINNER.......Hammer

http://www.investorcalendar.com/console/ConsoleFrameset.asp?ID=171362&brand=Vcall&ClickType=&playerID=1&urlID=179197&sessionID=68001206E2F84803&email=&tck=COIL

[poco_trabajo_mucho_dinero]

don't forget that EOR is trading on OTCQX (red flag) does not follow SEC rules. it is a joke

[poco_trabajo_mucho_dinero]

actually no,
A new company "update" out today and no mention on any pipeline?? I thought there was a pipeline being built now? Seems they would update us on many miles have been laid since it's being built now. I would think they would at least mention it somewhere.

I also thought there was 100+ barrels/day now on line since the last update? August production is still only 440!! The did mention all of the cash they have spent which explains why the pipeline talk is dead. There is no money left to pursue that dream just as I mentioned. EOR could either substantially curtail their operations or raise cash to continue and now we see they have no choice but to substantially curtail their operations.

The only excitement they could generate is this spin on EBITDA which some have confused with being cash flow positive.

Tough quarter for EOR no question.

Anybody that has ever followed this company knows by now that it has existed only to the benefit of management. These guy are content to pay themselves while shareholder losses are so massive now that they just don't care enough to demand a change.
How a company can spend over $100mm to date and only produce 440 barrels is laughable. They've now wasted the last $30mm saying it was prepping for a pipeline that now they've abandoned.
Management is laughing all the way to the bank while shareholders are burning at the stake.

It's no surprise that EOR got fleeced out of St. John's and the stock never went anywhere but down after taking in $30mm. If EOR was legit they would've had shareholders that demanded change long ago. If EOR's assets were legit they would've poured $30mm into drilling it.
EOR does not have legitimate assets so they've chosen to hide behind a story of a magical pipeline while management continues to pay itself.
If nothing else, smart management would've at least attempted to acquire legitimate, prospective acreage or at least bought production. This is a wholly incompetent, inept management and this company has nothing of value.

[SeaOhToo]

ENHANCED OIL RESOURCES ANNOUNCES POSITIVE EBITDA OF $200,000 FOR THE SECOND QUARTER OF 2013; PROVIDES OPERATIONS UPDATE.

Enhanced Oil Resources Inc. has released its operating and financial results for the three and six months ended June 30, 2013 (all amounts are in United States dollars).

Highlights for the second quarter of 2013, including non-IFRS (international financial reporting standards) measures, compared with the corresponding quarter in 2012 are:

Revenue of $3.2-million; up 17 per cent from 2012 with 98 per cent of the revenue generated from crude oil; compares with $2.7-million for the same period last year; increase in revenue due to higher production and oil prices;
EBITDA (earnings before interest, taxes, depreciation and amortization) of $200,000, the highest in company history;
Operating netback of $41.30 per barrel of oil equivalent (boe);
A net comprehensive loss for the quarter ended June 30, 2013, of $400,000 compared with a $500,000 loss for the same period last year; decrease in the loss due in part to increased oil prices and production and lower workover expenses.
For the first half of 2013, the company also reported:

Revenue of $6.2-million, a net comprehensive loss of $1.3-million (one cent per share) for the six-month period, compared with $5.6-million and $1.1-million (one cent per share) for the same period in 2012, respectively;
Cash used in operations of $3.8-million, with $3.9-million represented by decreases in working capital, including a reduction in accounts payable of $3.3-million after completion of 2012 drilling program;
EBITDA of $228,000, the highest in company history;
Operating netback of $38.04 per boe.
Production update

Oil production during August to date has averaged 440 barrels of oil per day (bopd) while July production averaged 404 bopd. At the company's Crossroads field, oil production has averaged 304 bopd during August and 270 bopd during July. At the Milnesand field, oil production for August to date and July has averaged approximately 84 and 81 bopd, respectively, similar to averages from last quarter. After one year of oil production from the MSU No. 141 and No. 522 horizontal wells, production continues at approximately 20 bopd per well, consistent with last month's rates.

Crossroads update

Crossroads production has averaged approximately 316 bopd over the last two weeks, an increase of approximately 46 bopd over July levels. The Crossroads No. 106 well was successfully converted to a second water injector well in early August and is currently taking water at a rate of approximately 3,800 barrels of water per day (bwpd). Total water handling at Crossroads has averaged in excess of 11,000 bwpd since the No. 106 well was brought on-line. The Crossroads No. 105 and No. 302 wells have been brought back to production and are currently producing approximately 80 bopd.

Milnesand update

After approximately one year of production from the MSU No. 141 and No. 522 horizontal wells, the company continues to see consistent production rates of approximately 20 bopd per well, within the company's predrill expectations and considerably higher than the original vertical wells drilled to develop the field over 40 years ago.

The advanced petrophysical analysis and engineering studies within the Milnesand field, discussed in the company's May update, are now complete. Based on production data to date and analogous San Andres wells drilled elsewhere in the basin, the economics of horizontal infill wells at both the Milnesand and Chaveroo fields indicate that each 4,000-foot horizontal well could recover, in a most likely (P50 per cent) case, approximately 180,000 barrels of oil, having a net present value (10 per cent) of $2.8-million and an estimated rate of return in excess of 45 per cent. Based on the results of these economics, the company anticipates restarting the horizontal program in the fourth quarter of this year or early 2014.

Chaveroo update

The results of the recently completed studies at Milnesand and the similarity between the Milnesand and Chaveroo fields have accelerated the implementation of an infill horizontal drilling program across the Chaveroo field, where at least 60 horizontal wells could be drilled. The company is currently in discussions with all stakeholders at Chaveroo and has begun preparations for the drilling of two 4,000-foot laterals in and around the Jennifer Chaveroo San Andres unit. The company anticipates drilling these wells from existing well bores thereby accelerating the permitting process with the goal of initiating this program in late 2013 or early 2014.

Commenting on the results, Barry Lasker, president and chief executive officer, said: "Our operational execution is improving and together with increases in oil prices and reductions in our workover expenses since 2012, have combined to generate positive changes in our operating results. We have increased production in 2013 by 12 per cent to over 73,000 boe (401 boe/d; 98 per cent crude oil) for the six months ended June 30, which represents the highest sales rate in company history. The work of a newly assembled development team to evaluate and refine our drilling and CO2 development plans have put us in a position to potentially extend our proved and probable reserves in the Milnesand and Chaveroo fields with the additional drilling we expect to commence in the fourth quarter of 2013 and into 2014."

[stockwrestler2]

Chinook Energy Inc. (CKE)

Bargain price identified for an oil/gas stock this summer in the Globe's business section.
With the price of oil high and possibly going higher this fall,
Chinook Energy would be one I'd like to be holding:

The Globe and Mail attempts to identify deep value stocks in Canada that also have reasonably strong balance sheets in its Friday, Aug. 9, edition. The Globe's Ian McGugan writes in the Number Cruncher column that these stocks are trading at what appear to be bargain prices and also have enough liquid assets to meet their immediate needs. Mr. McGugan says that might make them attractive to investors who do not mind the risk involved in bottom fishing. Mr. McGugan only considered stocks with a market capitalization greater than $100-million. His picks had to have a share-price-to-tangible-book-value ratio no greater than one. Tangible book value excludes goodwill and other intangible assets. His picks needed to have consensus earnings-per-share estimate revisions over the past 90 days that were positive or unchanged. This ensures that analysts are not predicting an immediate decline in profits. Mr. McGugan's stock picks should be approached with interests, but also with caution. He says companies that are trading below their tangible book values are often cheap for good reasons. Value stocks with strong balance sheets are Teranga Gold, Chinook Energy, New Millennium Iron, Guyana Goldfields and UEX.

[SeaOhToo]

$EORIF Enhanced Oil Resources
Need to check out. Bottomed out last week after fund dumped shares. Headed higher. PV-10 $54 million in reserves. 400-500 Bopd. CASHFLOW positive. Market cap is only $10-12 million.

[stockwrestler2]

Sonoro Energy (SNV) goes from 1.5c to 3c for a double in one trading session
if it's exploration licence in Iraq is deemed valid...imo
http://stockwrestler2.blogspot.ca/

[stockwrestler2]

AOS broke out Friday:

http://www.stockhouse.com/companies/bullboard/aosdf/alberta-oilsands-inc?postid=21634655

s/b a lot more upside this week.

glta

[stockwrestler2]

YES, we see higher oil prices and a stronger USD.
That makes the Cdn oil stocks quite cheap:
ATH is the best value. Some smaller ones are:
AOS, CLL, IFR, PTR, ARW, OIL

GLTA

[stockwrestler2]

Oil on the rise.
Check out these bottomed-out Cdn oil stocks:
ARW, OIL, IFR, PTR.

glta

[stockwrestler2]

ARW, alert...
stockwrestler3on 6/14/2013 1:03:23 AM Aroway Energy Inc. V.ARW:CDX

Undervalued ARW at 52 week low...good buying opportunity, imo

[Penny Machine]

DKGR 0002 Oil company starting from the ground up and making progress http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87654797

[stockwrestler2]

Tuesday, April 23, 2013

Petromin Resources Ltd. (PTR)

A small O/G company with a big investment in Chinese shale gas,
producing properties in Alberta, and advanced patented technologies.
A lot of potential upside here going forward...on SALE now.

Petromin Resources Ltd. is a progressive international Petroleum and Natural Gas Exploration
and Production company listed Tier 1 on the Toronto Venture Stock Exchange. The Company
is currently focused on developing 655 sq km of coalbed methane (CBM) land in Western China
along the Southern Junggar Basin (in China). Alongside significant international resource
development initiatives in China and Kuwait, the Company’s core operations include five oil
and gas producing properties in Alberta Canada along the Western Canada Sedimentary Basin.

Petromin is leading the way in technologically innovative methods designed to significantly improve reserves of existing oil pools (EOR) and to enhance the recovery of coalbed methane (ECBM) while significantly minimizing greenhouse gas (GHG) emissions.


http://www.petromin.ca/

[Cburg]

Dear Board, I am invested in a company that recently announced they will begin brokering oil and refinary products. I am new to this business, and am wondering if the PR below sounds like a genuine business venture, or a scam? Could anyone give some insight?
Thank you!

MultiCorp International, Inc Signs Strategic Alliance Agreement With RMS Global Ltd.

COMPANY TO BROKER CRUDE OIL AND OTHER REFINERY PRODUCTS ON LONG TERM CONTRACTS

PR Newswire

SUN VALLEY, Calif., April 8, 2013

SUN VALLEY, Calif., April 8, 2013 /PRNewswire/ -- MultiCorp International, Inc, (OTC Pink: MCIC) has signed a Strategic Alliance Agreement with RMS Global Ltd out of London to further the company's business in Europe in commodities and construction projects.

The company released the following statement,"MultiCorp International, Inc. has signed a Strategic Alliance Agreement with RMS Global Ltd out of London to enable the company to expand our European presence and build a more diversified company. Through this Strategic Alliance with RMS, MultiCorp has been able to secure multiple opportunities in the refinery commodities market," stated Mr. Paul D. Lisenby, CEO of MultiCorp International, Inc.

Mr. Lisenby adds, "The company currently has the following available to sell to potential buyers on a long term basis:

Light Crude Oil


D2 –EN590


JP 54 Jet Fuel

The company is in the process of negotiating a 2 million barrel per month Crude Oil contract for a 5 year period. Our hope is to have this solidified very soon, pending the required paperwork, permits, delivery schedules, bank guarantees, etc that are needed to close this deal. These deals are quite complex in nature and require the purchaser to meet specific guidelines the company has established. MultiCorp is actively looking for companies that are interested in entering into long term contracts for Crude Oil, D2-EN 590, and Jet Fuel, as well as other petroleum products refineries are producing globally. This Strategic Partnership Agreement along with our investment from Future Energy, LLC has really given MultiCorp the opportunity to have a global impact on supplying energy products and solutions that should raise the awareness of MultiCorp 's global strategy."

Any countries or companies interested in securing long term refinery product contracts are encouraged to contact the company at [e-mail] to find out availability and pricing.

About MultiCorp International, Inc.

MultiCorp International, Inc is a diverse company that operates in various business sectors that show true growth potential. The company builds on its executives experience in property development, constructions, medical, hospitality, agribusiness, commodities such as oil and gas, and entertainment. MultiCorp currently has several wholly owned subsidiaries such as Rivalz Sports Group, Inc which operates 810 AM WRSO Sports Radio in Orlando, FL www.810wrso.com and JoyFull Genius, Inc., www.joyfullgenius.com. The company is currently developing a 157 acre project in Dawson Creek, BC, Canada that will include a full service truck stop, hotel, motels, restaurants, and light industrial and commercial businesses. The company looks to expand through acquisitions of solid business models and management that have the potential to grow exponentially. The company will have additional subsidiaries that will eventually grow into being their own public entity, be sold, or continue to operate within MultiCorp. For further information please contact them at [e-mail]

[stockwrestler2]

Aroway Energy Inc.
V.ARW:CDX

0.365 -0.045 -10.98%
hit 52 wk low today. cheap 90% oil producer (1000 boe)
increased production by 50% in one year.
www.arowayenergy.com