Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
CDID- And with the news that was released today, this has only just begun.
CDID hitting 1 mil in volume in first 1/2 hour, good sign imo
CDID has a good start, news and opened green and up 25%!
CDID with the nice news and those mailers out, yes.
Nice opening for CDID this morning.....HOD
CDID off to a nice start, then a seller shows up, gonna be a gr8 day imo
CDID solid news and nice open
CDID: A/S: 500,000,000
O/S: 308,921,076
Float: 17,454,683
agreed. CDID strong open with .029 HOD
CDID spared tightened.
CDID: Appointment of Robert Popick as New President and CEO of Quad Energy Corp
He has also founded three smaller oil companies (30-60) wells; these successful oil plays were developed using Farm-ins and Joint Ventures.
For the past thirty years Mr. Popick has functioned in upper management roles, and he resides in Medicine Hat, Alberta, with his wife of 38 years and two grown children.
CDID Share Structure
Market Value1 $6,936,086 a/o Oct 18, 2011
Shares Outstanding 346,804,312 a/o Jun 30, 2011
Float 104,242,792 a/o Jun 30, 2011
Authorized Shares 500,000,000 a/o Jun 30, 2011
CDID Here we go the bell has rung!! DING DING DING DING!!!!!!
Great news!
- Go CDID
1 min to opening bell. Great chatter on CDID and great news today.
10 wells at 10 bopd at $50/b profit = $150k per month !
CDID has entered into a letter of intent to acquire a 50% working interest in the company Luxur Resources Inc. The working interest is in a total of 11360 acres of long term gas production in the south east corner of Alberta Canada. In addition to the large land holdings that are in the company, it has 30.21 KM of 6 and 8 inch production line running through property and 7.53 KM of 4 inch tie in lines. The company has a total of 9 gas wells that were drilled with in the last 2-5 years. It has an unproven potential reserve of 2 BCF per section. Eight of these wells are on limited production and one needs to be completed and tied in. Luxur Resources land is surrounded by some substantial companies i.e.: Nexen Inc. Direct Energy Inc. Enerplus Corp. and the City of Medicine Hat Gas Dept. We feel confident in the potential of this company as it has the land base, infrastructure and recoverable reserves to move it to the next level. It needs a limited development plan and our competent team to accomplish this.
The company would pay up to $1.5million for the 50% working interest.
The company is undertaking due diligence and will announce the signing of a definitive agreement in the event that one is signed.
agreed. CDID chart resistances are few and small imo.
Going to see big trading volume today.
- Go CDID
And oil is on the rise again.....great for CDID
GM! Yup! Gapping up! Very nice
- Go CDID
Oil prices expected to move up significantly = great time for CDID to be bringing wells online.
Ready to see green today...
.02s+
- Go CDID
CDID $0.02 x $0.025, gapping
On January 25, the Company entered into an agreement to acquire a 100% working interest
in Blugrass Energy Inc's Cave Pool Unit oil and gas properties. The working interest of
Blugrass Energy's properties covers approximately 2800 acres, located within Eddy County,
NM. Currently there are 32 wells, which could be re-worked and brought back potentially to
producing status. Additionally, there are over 100 possible new drilling locations based upon
20 acre spacing. Water disposal would be handled via the Cave Pool Unit's injection well
which decreases water hauling costs thus increasing the economics of the Cave Pool Unit.
CDID experienced management and oil/gas production... what more could you want aside from a pps increase ? :)
CDID Board of Directors
Robert Popick President, CEO, Director
Mr. Popick became involved with Quad Energy Corp. August 15, 2010. His contribution are extensive management skills, a proven ability to recognize and act upon opportunities with a multitude of contacts that he has developed over the years.
He was instrumental in the development and founding of AACE Environmental Services, a publicly traded company, of which Mr. Popick was Vice President and sat on the board of directors. In addition, through 1990 -1997 Mr. Popick sat on the advisory board for the Alberta Government responsible for the G-50 waste guidelines for the disposal of all drilling waste.
He has also founded three smaller oil companies (30-60) wells; these successful oil plays were developed using Farm-ins and Joint Ventures.
For the past thirty years Mr. Popick has functioned in upper management roles, and he resides in Medicine Hat, Alberta, with his wife of 38 years and two grown children.
Bruce Milroy , CFO, CA, Director
Mr. Bruce Milroy CA CMC CFO: Mr. Milroy has his BASc in Civil Engineering from the University of British Columbia and his MBA from the Sauder School of Business, University of British Columbia. Mr. Milroy received his CA from the Institute of Chartered Accountants of British Columbia in 1991 and his CMC from the Institute of Certified Management Consultants in 1999.
Before joining Codido Energy Inc., Mr. Milroy was Senior Audit Manager at Cinnamon Jang Willoughby & Associates in Burnaby, BC. He has over 18 years experience in public accounting and auditing in diverse economic sectors that includes both US and Canadian reporting companies.
CDID moving up fairly easily recently, solid news out, oil/gas production, further dd on properties... could get exciting here.
CDID US projects:
Eddy County, New Mexico
Quad Energy’s property covers 2800 acres located within Eddy County, NM. The Cave Pool Unit is located within the prolific Artesia Vacuum Trend. More specifically within the Grayburg Jackson Pool. The Artesia Vacuum Trend play contains thirteen reservoirs with more than 1 MMBO cumulative production. Cumulative production from these 13 reservoirs was 796 MMBO as of 2000. Depths to the top of reservoirs range from 1290 to 4700 ft. This is a mature play, especially within the highly productive San Andres carbonates. Recent development of lower permeability Grayburg sandstones in the Grayburg Jackson reservoir during the mid-1990’s has been successful to the point of reversing production decline and is a major focus of current and future development.
Quad has a 100% working interest, currently there are 32 wells which currently producing approximately 12 BOPD with 30 MCF based on 40 acre spacing. There are over 100 possible drilling locations based upon 20 acre spacing. Management has currently identified 10 wells that are currently shut-in that will be returned to producing status within the first sixty days. Potential should exceed 20 BOPD. Water disposal is currently handled via the Cave Pool Units injection well which decreases water hauling costs thus increasing the economics of the Cave Pool Unit.
[img][/img]
CDID Annual Report (Released September 29, 2011)
http://www.otcmarkets.com/financialReportViewer?symbol=CDID&id=61256
Low floater, very easy to move.
- Go CDID
Company Description - CDID
Quad Energy Corporation (formerly Codido, Inc.) (the Company) a Nevada Corporation was
incorporated in 2004. Operations of the Company are currently devoted to establishing contacts
and relationships, raising capital and obtaining financing. The Company is primarily in the
business of exploration and development of mineral and oil and gas properties, with offices
located in Orlando, Florida.
Plan of Operation
Oil and Gas Exploration
Effective December 12, 2008 the Company has decided to pursue a new direction in the Oil
& Gas, Exploration and Development and changed it name to Quad Energy, Corp. (CDID)
The Company is currently conducting several evaluations on multiple oil & gas prospects.
On January 25, the Company entered into an agreement to acquire a 100% working interest
in Blugrass Energy Inc's Cave Pool Unit oil and gas properties. The working interest of
Blugrass Energy's properties covers approximately 2800 acres, located within Eddy County,
NM. Currently there are 32 wells, which could be re-worked and brought back potentially to
producing status. Additionally, there are over 100 possible new drilling locations based upon
20 acre spacing. Water disposal would be handled via the Cave Pool Unit's injection well
which decreases water hauling costs thus increasing the economics of the Cave Pool Unit.
The Cave Pool Unit is located within the Artesia Vacuum Trend, more specifically within
the Grayburg Jackson Pool. The Artesia Vacuum Trend contains thirteen reservoirs with
more than 1 MMBO historic cumulative production. Cumulative production from these 13
reservoirs was 796 MMBO as of 2000. Depths to the top of reservoirs range from 1290 to
4700 ft. This is a mature field, especially within the highly productive San Andres
carbonates. Lower permeability in the Grayburg sandstones, in the Grayburg Jackson
reservoir during the mid-1990's, has been successful to the point of reversing production
decline and is a major focus of current and future development.
Under the terms of the agreement Quad Energy will pay for Bluegrass' 100% working
interest in the Cave Pool Unit by issuing 5,000,000 shares of common stock to Bluegrass
Energy, Inc. and 2,500,000 shares of common stock to Dorel Energy, Inc. and 5,400,000
shares of common stock to Robin Hood, LLC. for certain assets on site. At the time the
shares of Quad Energy had a value of $0.10 each.
The Company will try to deliver returns to shareholders by seeking out and developing new
opportunities in the oil and gas sector that represent a low risk by either acquiring or
developing with Joint Venture Partners for larger projects. The Company will also
aggressively search for existing production ( Proved Developed Production) from smaller,
undervalued or underutilized properties that show high promise for probable undeveloped
reserves (PUD). Intermediate term goals are focused on production through drilling multiple
projects/
CDID, Link to CDID CEO Interview:
http://www.quadenergycorp.com/index.php?option=com_content&view=article&id=64&Itemid=57
CDID — Quarterly Report (September 29, 2011)
http://www.otcmarkets.com/financialReportViewer?symbol=CDID&id=61342
She is OTC Pink Current...
- Go CDID
CDID -> PK Current + oil properties + oil/gas production = revs and profits :)
CDID could be back there with low volume also. I would like to see a nickel short term.
I like it cuz its all current info.....nice find boy
CDID- Volume growing is a good sign, but PPS growing with it shows acculmulation.
This will have a nice bounce this morning on the open
CDID — Attorney Letter with Respect to Current Information (Septebmer 29, 2011)
http://www.otcmarkets.com/financialReportViewer?symbol=CDID&id=61343
CDID was trading .09-.11 range earlier in the year. Not a lot of volume saw this come down.
Followers
|
10
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
562
|
Created
|
03/31/10
|
Type
|
Free
|
Moderators |
#277, 3208C East Colonial Dr.
Orlando,FL, 32803
Tel: 403.995.9876
Fax: 403.351.1421
info@qaudenergycorp.com
Nevada Secretary Of State: http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=YZZwxvjjGIZZPYJQ6x4JbQ%253d%253d
Recent News:
9/13/2010 Codido, Inc. Changes Name to Quad Energy Corp. http://ih.advfn.com/p.php?pid=nmona&article=44347891&symbol=CDID
Quad Energy Corp. is an independent junior oil and gas exploration, development and production company headquartered in Orlando, FL. The Company is duly incorporated in the State of Nevada.
Mission:
The Company’s current focus is on acquiring, exploration, drilling and development of oil and gas assets in the USA and Canada.
Goals:
Quad Energy Corp will try to deliver returns to shareholders by seeking out and developing new opportunities in the oil and gas sector that represents a low risk by either acquiring or developing with Joint Venture Partners for larger projects. The company will also aggressively search for existing production ( Proved Developed Production) from smaller, undervalued or underutilized properties that show high promise for probable undeveloped reserves ( PUD’s). Intermediate-term goals are focused on production through drilling multiple projects.
Transfer Agent:
Holiday Stock Transfer
2939 N. 67th Place
Scottsdale, AZ 85251
(480) 481-3940
The information contained within this iBox including web links, copied information, and any other associated messages/media (hereinafter collectively referred to as "Information") is provided for informational purposes only. The Information should not be construed as investment/trading advice and is not meant to be a solicitation or recommendation to buy, sell, or hold Codido Inc./Quad Energy Corp. (CDID) stock.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |