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nice board SL, keepin an eye on this one~
Looking good...just getting a foothold! GRRRRRRRRRRRRR!
I mean "great"...
STeP™: 75% success rate in over 30 completed projects~
STeP™ is responsible for completion of over thirty applied projects with various clients in Africa, the Middle East, the Far East, South America, and Russia.
The average success rate of prediction and localization of commercially viable deposits of hydrocarbons, gold, diamonds, and water is over 75%.
The approximate total volumes of petroleum deposits (in localized traps) amounted to over 90 million tons (including 40 million tons in Sakhalin, 20 to 25 million tons in Penza, 10 million tons off-shore block 2-2 Kunsan, South Korea).
The economic merit of the STeP™ adoption amounted to at least $5 million per project.
STeP: "the basis of the subject technology for detecting and calculating reserves of mineral resources (both metalliferous and nonmetalliferous) consists of using unique mathematical techniques to process (interpret) traces of influence the Earth's core exerts on its surface.
This analysis (prediction) is performed during the processing of satellite and aerial photographs, and it is called the structure measurement technique for the prediction of mineral raw materials.
It does not replace traditional techniques but rather supplements the entire complement of geological exploration work, makes it possible to minimize seismic and other geophysical sensing, as well as instrumental geochemical analysis. It provides a prompt updateable prediction during all work phases. This technique enhances effectiveness of exploratory drilling, allows construction of a detailed geological model, and calculation of field reserves.
Structurometric analysis dates back to decades ago as one of the geomorphological techniques varieties for studying aerospace images of the Earth's surface. A team of scientists developed an original series of algorithms for the structurometric analysis of multispectral satellite data in order to facilitate the prospecting and exploration of oil, gas, and other mineral resource deposits detected on the basis of computer-aided analysis. It is called Sub Terrain Prospecting (STeP™).
Since 1997, this technology has been tested at more than sixty fields and has yielded outstanding results. Its use proved to reduce geological exploration costs by, in some cases, 500% and shorten new field prospecting time to a few months.
The basis of the STeP™ technology consists of detection of traces that the mineral resources exert on the terrestrial surface. Affected by the energy emanating from the Earth's core, these deposits, like all others, emit seismoacoustic waves."
source: http://www.terrainsight.com/
Economic Impact of STeP™
Implementation of the STeP™ technology renders oil and gas exploration success factor of 0.75. Based on the mean statistical reliability of STeP™ predictions, 75 percent have been confirmed by the results of oil and gas exploration carried out within the USSR (prior to 1992) and in Russia during 1997-2002 (Mordovia, Kalmykia, the Penza and Perm regions, as well as the Eastern and Western Siberia). Moreover, structurometric analysis, a method employed independently from the STeP™ technology, additionally confirms the aforementioned results, further boosting the success factor. Structurometric analysis also further reduces the risk of unproductive drilling by determining, separately from STeP™, the parameters of structures that occur in the Earth.
Statistically, approximately 2/3 of expenses associated with geophysical research efforts using traditional technologies are NOT productive. That results in high percentage of unproductive drilling and, consequently, higher net costs of oil produced. The current mean statistical oil-and-gas exploration success factor approaches 0.35 - a typical indication of seismic exploration's poor capabilities. Among the reasons for traditional geophysical research shortcomings is the method's capability of detection of only the structures' geometric qualities. Seismic studies provide specific information concerning the shape of traps (with respect to HCs), however they do not answer the question of whether HCs are present in the traps. The STeP™ technology addresses this question, among others, with the probability of at least 75%.
Cost effectiveness of the STeP™ technology can reach an order of magnitude of 10 compared with traditional methods. Considerations of indirect expenditures associated with unproductive drilling (land reclamation, etc.) as well as savings on 2D/3D work compound TIC's economic distinction.
source: http://www.terrainsight.com/
10/13~ Delivers the First Stage STeP(R) Oil and Gas Report to a Major International Oil and Gas Exploration and Production Company
Friday October 13, 6:07 pm ET
$750,000 Received on $2.5 Million Contract
NEW YORK--(BUSINESS WIRE)--CompuPrint, Inc. (OTCBB:CPPT - News), an energy and natural resource exploration technology company, has received the first payment of $750,000 from a major oil and gas exploration and production company in connection with a $2.5 million service contract the Company received in August 2006. The Company has completed its preliminary analysis of the contracted off-shore African oil and gas drilling prospect and delivered its first stage STeP analysis report. Under the agreement, the Company has now earned an additional progress payment of $375,000. Under the contact, the remaining two payments are to be paid over the next sixty days, with the last payment being made on delivery of the final report.
In preparing its analysis, the Company utilizes a proprietary technology STeP which is based on interpretation of satellite data to effectively identify oil and gas as well as other minerals subsurface. CompuPrint conducts its operations through its wholly owned subsidiary, Terra Insight Corporation (TIC).
"We are proud that one of the world leaders in off-shore oil and gas exploration recognizes the value of STeP®. Our technology will enable our client to more effectively and efficiently exploit its exploration efforts and achieve substantial time and dollar savings," said Roman Rozenberg, CompuPrint's Chief Executive Officer. "We have already demonstrated that we can help substantially reduce the number of dry holes in off-shore drilling. We are optimistic that our STeP® technology will open more opportunities to work with this client and other major exploration companies. The Company is currently in negotiations with several potential clients to render services."
About CompuPrint, Inc.
CompuPrint, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides subsurface surveying, and analytical services for exploration, drilling, and mining companies. The Company primarily uses satellite-based STeP technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. The Company interprets and quantifies geologic and satellite data to develop the assessment of natural resources for any given geographic area - on or off shore. The Company, through its subsidiaries and affiliates holds (1) six licenses to approximately 1 million acres off-shore Namibia for diamond exploration, (2) a participation interest in a diamond prospect in the Congo, (3) a working interest in a 1 million acre Kurdistan oil prospect, (4) leases for oil and gas parcels totaling more than 16,000 acres of land in the Rail Road Valley and White River Valley areas of Nevada and (5) oil and gas leases oil and gas leases in East and South Texas,. For more information visit http://www.terrainsight.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize: competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
Contact:
ALLK, INC.
Louis Phillipe Antunes, 450-578-3283
Fax: 450-378-0312
--------------------------------------------------------------------------------
9/11~ CPPT Receives Sixth Exclusive Prospecting License in Namibia
Monday September 11, 9:15 am ET
Company To Use STeP(TM) Technology To Identify Promising Diamond Areas
NEW YORK--(BUSINESS WIRE)--Sept. 11, 2006--CompuPrint, Inc. (OTCBB: CPPT - News), an energy technology company that combines satellite-based technology with traditional exploration services, which does business through its wholly owned operating subsidiary, Terra Insight Corporation, announced today that its Namibia subsidiary, Namterra Mineral Resources (Pty) Ltd., has been awarded by the Republic of Namibia its sixth exclusive license for the prospecting of precious stones. This license expires in July 2009 and covers approximately 247,000 acres of off-shore territory, bringing the total area to more than 1.2 million acres for all six licenses now granted to the Company's Namibia subsidiary.
"This is an exciting opportunity for us, as we expand our thrust to natural resources in Africa, in addition to our current oil and gas projects in the United States and Turkey, and it is consistent with our business model of obtaining ownership interests in order to capitalize on the use of our STeP(TM) technology in exploration projects," said Roman Rozenberg, Chief Executive Officer. "To develop the properties underlying these licenses, we plan to deploy STeP(TM) for the exploration of natural resources other than oil and gas activities. The technology has previously been used successfully in prospecting for diamonds. Using STeP(TM), we plan to reconstruct a modeling of the historic shoreline, the paleoriver flows, and thereby identify the eroded kimberlite pipes to predict the potential off-shore traps for alluvial diamonds. We expect to expand our diamond and other minerals prospecting projects this year."
About CompuPrint, Inc.
CompuPrint, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides mapping, surveying, and analytical services to exploration, drilling, and mining companies. The Company primarily uses the STeP(TM) technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. It manages and interprets geologic and satellite data to develop the assessment of natural resources. Through the Company's wholly owned affiliate, Terra Resources, Inc., the general partner in three limited partnerships we control, the Company owns leases for oil and gas parcels totaling more than 16,000 acres of land in the Rail Road Valley and White River Valley areas of Nevada, and participation in leases in East Texas and in South Texas for purposes of utilizing its STeP(TM) technology in oil and gas exploration and development activities. The Company also has a 20% working interest in 1,000,000 acres in leases for oil exploration in Eastern Turkey, and a six percent working interest in a diamond exploration project on more than 1,000 square kilometers in Republic of Congo. For more information visit http://www.terrainsight.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize: competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
Contact:
for CompuPrint, Inc.
Terra Insight Corporation
CEOcast, Inc.
Andrew Hellman, 212-732-4300
--------------------------------------------------------------------------------
9/6~ CPPT Awarded $2.5 Million Contract From Major International Oil and Gas Exploration and Production Company To Provide STeP(R) Technology For Off-Shore Oil and Gas Exploration Project
Wednesday September 6, 8:00 am ET
Three-Month Contract Includes $750,000 Up-front Payment
NEW YORK--(BUSINESS WIRE)--Sept. 6, 2006--CompuPrint, Inc. (OTCBB:CPPT - News), an energy technology company that combines satellite-based technology with traditional exploration services, announced today that its wholly-owned subsidiary Terra Insight Corporation (TIC), has been awarded a $2.5 Million contract by a subsidiary of one of the major international oil exploration companies to provide its proprietary satellite-based STeP® technology for an off-shore African oil and gas drilling project. Under the contract, TIC will receive an initial payment of $750,000, with three further payments over the following 90 day period, the last of which will be a $1,000,000 payment due upon delivery of the final report. Under the agreement, TIC will provide studies in a deep water area, including identification of prospective drilling sites and mapping of hydrocarbon anomalies using proprietary STeP® technology.
"We are pleased that one of the world majors, as well as leaders, in off-shore exploration for oil and gas has recognized the value that our STeP® technology can play in identifying where it is mostly likely to achieve exploration success, and also identifying where it should not drill, so as to save significant expense and effort," said Roman Rozenberg, CompuPrint's Chief Executive Officer. "We have already demonstrated that we can help substantially reduce the number of dry holes in off-shore drilling, and, with this opportunity, we expect to deliver a report on the project in 90 days and further demonstrate the ability of STeP® technology to enhance the likelihood of success of off-shore oil and gas drilling operations. We are optimistic that our STeP® technology will be instrumental in locating hydrocarbon anomalies that may be present. We anticipate that this will be the first of a number of contracts we can achieve over time here as leading oil and gas exploration companies increasingly recognize the important role that our STeP® technology can play in facilitating exploration activities."
About CompuPrint, Inc.
CompuPrint, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides mapping, surveying, and analytical services to exploration, drilling, and mining companies. The Company primarily uses the STeP technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. It manages and interprets geologic and satellite data to develop the assessment of natural resources. Through the Company's wholly owned affiliate, Terra Resources, Inc., the general partner in three limited partnerships we control, the Company owns leases for oil and gas parcels totaling more than 16,000 acres of land in the Rail Road Valley and White River Valley areas of Nevada, and participation in leases in East Texas and in South Texas for purposes of utilizing its STeP(r) technology in oil and gas exploration and development activities. For more information visit http://www.terrainsight.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize: competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
Contact:
for CompuPrint, Inc.
Terra Insight Corporation
CEOcast, Inc.
Andrew Hellman, 212-732-4300
--------------------------------------------------------------------------------
Source: CompuPrint, Inc.
9/5~ CPPT Selected By Multi-Billion Dollar Minerals Exploration and Trading Company To Provide STeP Technology For Diamond Exploration in the Republic of Congo
Tuesday September 5, 8:23 am ET
Company to Receive Up-Front and Success Fees and 6% Working Interest in Return For Providing Proprietary Satellite Technology
CompuPrint, Inc. (OTCBB: CPPT), an energy technology company that combines satellite-based technology with traditional exploration services, announced today that its wholly-owned subsidiary Terra Insight Corporation (TIC), has been selected by the Congo exploration affiliate of a multi-billion dollar company to provide its proprietary satellite-based STeP technology to locate diamonds in a more than 1,000 square kilometer area in the Republic of Congo. Under the agreement, TIC will receive a 6% working interest in the area, an up-front fee and a success fee from revenue generated. A campsite to support the exploration activities has already been built within the area.
"We are pleased that a leading minerals exploration, production and trading company has recognized the value that our STeP technology can play in identifying where it is mostly likely to achieve exploration success," said Roman Rozenberg, CompuPrint's Chief Executive Officer. "We have already commenced work on the STeP(r) survey of the area and expect to deliver a report on the project shortly. We are optimistic that our STeP(r) technology will be instrumental in locating a pipe yielding diamonds in this area of interest in the Republic of Congo, based upon preliminary indications of the presence of alluvial diamonds in the area. We believe that this may be the first of a number of agreements we can achieve with this family of companies. Moreover, this large on-shore area complements the substantial offshore Namibia parcels for which we recently obtained licenses from the Government of Namibia for diamond exploration."
About CompuPrint, Inc.
CompuPrint, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides mapping, surveying, and analytical services to exploration, drilling, and mining companies. The Company primarily uses the STeP technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. It manages and interprets geologic and satellite data to develop the assessment of natural resources. Through the Company's wholly owned affiliate, Terra Resources, Inc., the general partner in three limited partnerships we control, the Company owns leases for oil and gas parcels totaling more than 16,000 acres of land in the Rail Road Valley and White River Valley areas of Nevada, and participation in leases in East Texas and in South Texas for purposes of utilizing its STeP(r) technology in oil and gas exploration and development activities. For more information visit http://www.terrainsight.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize: competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
For CompuPrint, Inc.
Terra Insight Corporation
CEOcast, Inc.
Andrew Hellman, 212-732-4300
Source: Business Wire (September 5, 2006 - 7:27 AM EST)
_________________________________
CompuPrint Files Proxy Statement to Change Company's Name to Terra Energy & Resource Technologies, Inc.; New Name Better Reflects Company's Business Model and Natural Resource Technology Platform
Business Wire via COMTEX
Sep 12, 2006 8:08:08 AM
NEW YORK, Sep 12, 2006 (BUSINESS WIRE) --
CompuPrint, Inc. (OTCBB : CPPT), an energy technology company that combines satellite-based technology with traditional exploration services, announced today that it had filed with the Securities Exchange Commission proxy materials for the November 3, 2006 shareholder meeting to approve and authorize the reincorporation of the Company as a Delaware corporation named Terra Energy & Resource Technologies, Inc. The proxy materials are subject to review and comment by the SEC prior to mailing, and are presently expected to be mailed to shareholders in early October 2006. Upon receipt of shareholder approval, the Company also expects to change its ticker symbol.
"We intend to change the name of the Company to Terra Energy & Resource Technologies, Inc., to better reflect the continued expansion of our business into new markets," said Roman Rozenberg, CompuPrint's Chief Executive Officer. "The Company is in the process of expanding its South American customer base for oil and other natural resource projects, as well as growing its diamond exploration projects business. Recently, we announced that the Company has been retained by a major international oil company to assess the potential of oil and gas leases in an off-shore Africa project. We have also acquired leases for off-shore, and an interest in on-shore, diamond projects in Africa. The upcoming name change should enable us to broaden our following among the investment community and attract greater interest in the potential for the Company's proprietary STeP(R) technology's ability to significantly reduce costs and materially enhance and speed the potential for successful exploration projects."
About CompuPrint, Inc.
CompuPrint, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides mapping, surveying, and analytical services to exploration, drilling, and mining companies. The Company primarily uses the STeP(TM) technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. It manages and interprets geologic and satellite data to develop the assessment of natural resources. Through the Company's wholly owned affiliate, Terra Resources, Inc., the general partner in three limited partnerships we control, the Company owns leases for oil and gas exploration parcels totaling more than 16,000 acres of land in the Rail Road Valley and White River Valley areas of Nevada, and participation in leases in East Texas and in South Texas for purposes of utilizing its STeP(R) technology in oil and gas exploration and development activities. The Company also has a 20% working interest in 1,000,000 acres in leases for oil exploration in Eastern Turkey, and a six percent working interest in a diamond exploration project on more than 1,000 square kilometers in Republic of Congo. For more information visit http://www.terrainsight.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize: competition for new acquisitions; unavailability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
SOURCE: CompuPrint, Inc.
For CompuPrint, Inc. Terra Insight Corporation CEOcast, Inc. Andrew Hellman, 212-732-4300
Copyright Business Wire 2006
March 2006, Terra HOY:
BTW, and FYI, the CPPT high of the year was 03/12/2006, when this was noted in a newsletter:
"New 52-week high: Shares of CompuPrint, Inc. (OTCBB:CPPT), an energy technology company that combines satellite-based technology with traditional exploration services, which does business through Terra Insight Corporation, its wholly owned subsidiary, reached a new 52-week high, after the company announced that initial drilling results from its first U.S. exploration project, located within 1,280 acres in LaSalle County, Texas, using its proprietary satellite-based STeP technology, have indicated oil and gas shows suggesting promising oil and gas indications. Drilling will continue until the targeted depth is reached and additional tests are run to support the initial conclusion that there are multiple pay zones with potential production. Terra Resources, Inc., a wholly-owned subsidiary of Terra Insight Corporation, is the general partner of TexTerra Exploration, LP. TexTerra has a 70% interest in the initial well spacing unit, and a minimum 50% interest in all subsequent and leasehold wells in the premises located in LaSalle County, Texas. The initial results help to validate the potential for the company’s technology, which has the ability to identify which properties are likely to contain oil and gas. The stock ended the week up an impressive 48.5% as shares gained 49 cents to close the week at $1.50."
CPPT history prior to RM with Terra Insights:
In other words, CPPT was a clean shell, and no prior history as a chicken factory, then a car dealership, etc. etc.
Very straightforward history, imo.
__________________________________________________
Symbol Name Expiration Date
CPPT CompuPrint, Incorporated
CPPTE COMPUPRINT INC 09/26/2005
CPPT COMPUPRINT INC 08/25/2005
CPPTE CompuPrint Inc 06/03/2004
CPPT CompuPrint Inc 05/27/2004
CPPT COMPUPRINT INC 04/21/2004
CPPTE COMPUPRINT INC 12/05/2003
CPPT COMPUPRINT INC 12/01/2003
BRIEF DESCRIPTION OF THE (STeP™) TECHNOLOGY
(STeP= SUB TERRAIN PROSPECTING)
from the company website: http://www.terrainsight.com/
The space age, which began during the second half of the 20th century, made it possible for mankind to look at Earth from the distance. As spacecraft improved and became less expensive to launch, the possibility arose to continuously monitor the Earth from space. Accumulation of Remote Earth Sensing (RES) data over various ranges of the spectrum and expansion of interpretation techniques made detection of direct and indirect dependences possible. The RES processing techniques, together with the present level of development of mathematical apparatus, take the form of firmware systems, which are based on fifth-generation computers. It becomes possible to isolate a special class of information from the overall body of data - geoinformation anomalies (GIAs).
An anomaly of this type quite fully reflects the structure and specific features of the geographic mantle of a given region. A more detailed RES study led to the conclusion that the energy which plays an active part in the transformation of the Earth's crust is manifested in the formation of GIAs. Since the effects of this energy take shape over a quite lengthy period of time (millions of years), the structure of a GIA has a fairly high level of resistance to exogenous influences.
When certain prior information is available, techniques used to solve inverse problems in mathematical physics enable reconstruction of the underlying structure of a GIA with a high degree of probability.
Thus, the basis of the subject technology for detecting and calculating reserves of mineral resources (both metalliferous and nonmetalliferous) consists of using unique mathematical techniques to process (interpret) traces of influence the Earth's core exerts on its surface. This analysis (prediction) is performed during the processing of satellite and aerial photographs, and it is called the structure measurement technique for the prediction of mineral raw materials. It does not replace traditional techniques but rather supplements the entire complement of geological exploration work, makes it possible to minimize seismic and other geophysical sensing, as well as instrumental geochemical analysis. It provides a prompt updateable prediction during all work phases. This technique enhances effectiveness of exploratory drilling, allows construction of a detailed geological model, and calculation of field reserves.
Structurometric analysis dates back to decades ago as one of the geomorphological techniques varieties for studying aerospace images of the Earth's surface. A team of scientists developed an original series of algorithms for the structurometric analysis of multispectral satellite data in order to facilitate the prospecting and exploration of oil, gas, and other mineral resource deposits detected on the basis of computer-aided analysis. It is called Sub Terrain Prospecting (STeP™).
Since 1997, this technology has been tested at more than sixty fields and has yielded outstanding results. Its use proved to reduce geological exploration costs by, in some cases, 500% and shorten new field prospecting time to a few months.
The basis of the STeP™ technology consists of detection of traces that the mineral resources exert on the terrestrial surface. Affected by the energy emanating from the Earth's core, these deposits, like all others, emit seismoacoustic waves.
Over millions of years since hydrocarbon pools were formed, low-power waves, apparently acoustic in nature, have continuously exerted a relentless influence, which has resulted in substantial rearrangement of terrestrial landscapes via creation of billions of central-type formations on the Earth's surface. In scientific literature, these formations have come to be called "ring structures".
Field research conducted in various regions around the world has confirmed that the zonal variation of terrestrial surface relief (compacting or loosening of soils, and changes in other geomorphological-engineering and geological properties of the ground, vegetation, etc.) is observed within these ring structures.
Based on the fundamental physical prerequisites, a system methodology for structurometric analysis was developed. Universal comprehensive computerized procedures were created to undertake the scientific analysis of oil-and-gas pools, as well as other geological objects. That allows prediction of their locations and acceptation of their various parameters (including objects at 10 km or deeper).
The essence of the structurometric analysis procedure consists of the following.
Vibrating under the influence of the energy emanating from the Earth's interior, each point of a hydrocarbon raw material pool becomes a source of continuously emitted acoustic waves that proceed to the Earth's surface in the shape of a cone at an angle of about 72°.
The best "footprint" of the influence of the subject's acoustic waves is manifested at the edges of the cone. This results in the formation of a ring structure on the Earth's surface. Using special computer programs, it is possible not only to follow the trail on aerospace photographs, but also to give it a specific geometric and physical interpretation.
First and foremost, using a digital aerospace photograph that has undergone geometric correction (i.e., one that corresponds precisely to a topographic map in scale and projection), it is possible to accurately and reliably ascertain depth of oil or gas. Having analyzed ring structures with different radiuses, it is possible to recreate an image of the three-dimensional structure of the contact zone of oil-and-gas-bearing formations having cappings.
patented product already bringing in revenues.
I like
I have very small shs for now....I'll see how this works out.
will start to add.
I don't know How old your eyes are but, to my small eyes it can't go any lower.IMHO
what do I know..ehhhh lol
43MM OS, according to OTCBB. Management has 35MM. That leaves an 8MM public float.
Agree 100! Reporting OTCBB, low OS, low float, elimination of debentures last month, and a patented product already bringing in revenues.
Looks like a keeper to these old eyes.
This market has been so bad, I am really focusing on what I see as the safest plays. This one looks that way to me. I think people who get in around these levels will have a nice upside to look forward to.
CPPT Market Maker List:
http://www.otcbb.com/asp/tradeact_mml.asp?searchfor=CPPT&searchby=i
otal MPID Count: 12
----------------------------------------------------------------
AUTO AUTOMATED TRADING DESK FINANCIAL SERVICES, LLC Active
BSIC BASIC INVESTORS INC. Active
DOMS DOMESTIC SECURITIES, INC. Active
ETRD E*TRADE CAPITAL MARKETS LLC Active
HDSN HUDSON SECURITIES,INC. Active
HILL HILL THOMPSON MAGID & CO., INC. Active
IFSC INTERCOASTAL FINANCIAL SERVICES CORP. Active
NITE KNIGHT EQUITY MARKETS, L.P. Active
PERT PERSHING LLC Active
SALI STERNE, AGEE & LEACH, INC. Active
TASL Tradition Asiel Securities Inc. (TASL) Active
UBSS UBS Securities LLC (UBSS) Active
CPPT Share Structure:
Authorized Outstanding
Date Shares Source Date Shares Source
06/01/2005 16,978,579 Stock Split 08/14/2006 43,008,338 MGFS
9/22 CPPT STeP(R) Technology Accurately Predicts Geology in Texas and Nevada
NEW YORK--(BUSINESS WIRE)--Sept. 22, 2006--CompuPrint, Inc. (OTCBB: CPPT), an energy technology company that combines satellite-based technology with traditional exploration services, which does business through its wholly owned operating subsidiary, Terra Insight Corporation, announced today that its proprietary STeP technology accurately predicted formation changes and the horizons at which hydrocarbons would be found in the Bellows #1 drilling project in South Texas and the Sage # 1 well in the White River Valley, Nevada. Notwithstanding the accuracy of STeP, the Company has plugged and abandoned the Sage #1 Well in Nevada and has decided to plug and abandon the Bellows #1 well in Texas.
Roman Rozenberg, CompuPrint's CEO explained that "While our STeP technology accurately predicted the formation changes at the Sage site, the deficiencies of the rig we hired precluded us from reaching the depths that STeP predicted would be most productive. Given our strong safety concerns if drilling continued, and the lack of other available rigs in the area, the Company felt compelled to plug and abandon the Sage # 1 well."
Prior to plugging the well, the Company performed logging and had extensive VSP testing performed by Schlumberger. Based on the data collected and STeP predictions, the Company strongly believes that the Sage prospect has significant hydrocarbon potential.
In connection with the Bellows #1 well in South Texas, STeP correctly predicted the horizon at which hydrocarbons were found. The Company discovered that the formation sands were not developed sufficiently to produce commercial quantities of hydrocarbons. The Company intends to plug and abandon the Bellows # 1 well in the near future.
About CompuPrint, Inc.
CompuPrint, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides mapping, surveying, and analytical services to exploration, drilling, and mining companies. The Company primarily uses the STeP (R) technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. It manages and interprets geologic and satellite data to develop the assessment of natural resources. Through the Company's wholly owned affiliate, Terra Resources, Inc., the general partner in three limited partnerships we control, the Company owns leases for oil and gas parcels totaling more than 16,000 acres of land in the Rail Road Valley and White River Valley areas of Nevada, and participation in leases in East Texas and in South Texas for purposes of utilizing its STeP technology in oil and gas exploration and development activities. The Company also has a 20% working interest in 1,000,000 acres in leases for oil exploration in Eastern Turkey, and a six percent working interest in a diamond exploration project on more than 1,000 square kilometers in Republic of Congo. The Company also makes its survey services available to exploration companies on a contract basis and recently announced a $2.5 million contract with a major international oil company. For more information visit http://www.terrainsight.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize: competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
Contacts
CEOcast, Inc. for CompuPrint, Inc.
Andrew Hellman, 212-732-4300
9/25: Compuprint Eliminates debt
September 25, 2006 07:30 AM Eastern Time
CompuPrint, Inc. Announces Conversion of Debentures Into Common Stock at a Significant Premium to the Current Share Price
Transaction Eliminates Company’s Debt
NEW YORK--(BUSINESS WIRE)--CompuPrint, Inc. (OTCBB : CPPT), an energy technology company that combines satellite-based technology with traditional exploration services, announced today that investors have converted all $5 million of its outstanding debentures into common stock at a conversion price of $0.50 a share, representing more than a 150% premium over the current trading price of its common stock. The transaction with Enficon Establishment, and its affiliate, Kiev Investment Group, resulted in the issuance of 10 million shares of the Company’s restricted common stock in exchange for the surrender of the $5 million of debentures that had maturity dates of December 31, 2007 and 2008.
“We are pleased that after experiencing first-hand the value that our STeP® technology added to the drilling efforts in our first two wells in Texas and Nevada, and after reviewing the reports of independent geologists and well known expert oil industry consultants about the performance of STeP under challenging wild-cat drilling conditions, Enficon Establishment and its affiliate, Kiev Investment Group, have elected to convert their outstanding debentures into common stock at a level significantly above the current price of our shares," said Roman Rozenberg, Chief Executive Officer. "This conversion of all of our outstanding debentures removes all of our long term debt from our balance sheet, and will be helpful in our pursuit of oil and gas properties in which to deploy our promising technology, and to further the development of properties we already own."
About CompuPrint, Inc.
CompuPrint, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides mapping, surveying, and analytical services to exploration, drilling, and mining companies. The Company primarily uses the STeP technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. It manages and interprets geologic and satellite data to develop the assessment of natural resources. Through the Company’s wholly owned subsidiary entities, the Company owns leases for oil and gas parcels in East Texas, and totaling more than 16,000 acres of land in the Railroad Valley and White River Valley areas of Nevada, for purposes of utilizing its STeP technology in oil and gas exploration and development activities, has been granted meaningful working interests including a 20% interest in a 1,000,000 acre oil exploration project in the Kurdistan area of Turkey, a 6% interest in a diamond project in Congo, majority interest for diamond exploration in more than a million acres off-shore Namibia, and recently received a $2.5 million contract from a major international oil company for a three month survey project for an off-shore Africa oil exploration parcel. Terra Insight Corporation was formed in 2005 and is based in New York City. For more information visit http://www.terrainsight.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize: these include, but are not limited to, competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil and natural gas and general regional economic or political conditions.
Contacts
For CompuPrint, Inc.
Terra Insight Corporation
CEOcast, Inc.
Ed Lewis, 212-732-4300
10/31 CPPT Delivers the First Stage STeP(R) Oil and Gas Report to a Major International Oil and Gas Exploration and Production Company
Friday October 13, 6:07 pm ET
$750,000 Received on $2.5 Million Contract
NEW YORK--(BUSINESS WIRE)--CompuPrint, Inc. (OTCBB:CPPT - News), an energy and natural resource exploration technology company, has received the first payment of $750,000 from a major oil and gas exploration and production company in connection with a $2.5 million service contract the Company received in August 2006. The Company has completed its preliminary analysis of the contracted off-shore African oil and gas drilling prospect and delivered its first stage STeP analysis report. Under the agreement, the Company has now earned an additional progress payment of $375,000. Under the contact, the remaining two payments are to be paid over the next sixty days, with the last payment being made on delivery of the final report.
In preparing its analysis, the Company utilizes a proprietary technology STeP which is based on interpretation of satellite data to effectively identify oil and gas as well as other minerals subsurface. CompuPrint conducts its operations through its wholly owned subsidiary, Terra Insight Corporation (TIC).
"We are proud that one of the world leaders in off-shore oil and gas exploration recognizes the value of STeP®. Our technology will enable our client to more effectively and efficiently exploit its exploration efforts and achieve substantial time and dollar savings," said Roman Rozenberg, CompuPrint's Chief Executive Officer. "We have already demonstrated that we can help substantially reduce the number of dry holes in off-shore drilling. We are optimistic that our STeP® technology will open more opportunities to work with this client and other major exploration companies. The Company is currently in negotiations with several potential clients to render services."
About CompuPrint, Inc.
CompuPrint, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides subsurface surveying, and analytical services for exploration, drilling, and mining companies. The Company primarily uses satellite-based STeP technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. The Company interprets and quantifies geologic and satellite data to develop the assessment of natural resources for any given geographic area - on or off shore. The Company, through its subsidiaries and affiliates holds (1) six licenses to approximately 1 million acres off-shore Namibia for diamond exploration, (2) a participation interest in a diamond prospect in the Congo, (3) a working interest in a 1 million acre Kurdistan oil prospect, (4) leases for oil and gas parcels totaling more than 16,000 acres of land in the Rail Road Valley and White River Valley areas of Nevada and (5) oil and gas leases oil and gas leases in East and South Texas,. For more information visit http://www.terrainsight.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize: competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
Contact:
ALLK, INC.
Louis Phillipe Antunes, 450-578-3283
Fax: 450-378-0312
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CompuPrint's STeP(R) Technology Accurately Predicts Geology in Texas and Nevada
Friday September 22, 4:49 pm ET
NEW YORK--(BUSINESS WIRE)--Sept. 22, 2006--CompuPrint, Inc. (OTCBB: CPPT - News), an energy technology company that combines satellite-based technology with traditional exploration services, which does business through its wholly owned operating subsidiary, Terra Insight Corporation, announced today that its proprietary STeP technology accurately predicted formation changes and the horizons at which hydrocarbons would be found in the Bellows #1 drilling project in South Texas and the Sage # 1 well in the White River Valley, Nevada. Notwithstanding the accuracy of STeP, the Company has plugged and abandoned the Sage #1 Well in Nevada and has decided to plug and abandon the Bellows #1 well in Texas.
Roman Rozenberg, CompuPrint's CEO explained that "While our STeP technology accurately predicted the formation changes at the Sage site, the deficiencies of the rig we hired precluded us from reaching the depths that STeP predicted would be most productive. Given our strong safety concerns if drilling continued, and the lack of other available rigs in the area, the Company felt compelled to plug and abandon the Sage # 1 well."
Prior to plugging the well, the Company performed logging and had extensive VSP testing performed by Schlumberger. Based on the data collected and STeP predictions, the Company strongly believes that the Sage prospect has significant hydrocarbon potential.
In connection with the Bellows #1 well in South Texas, STeP correctly predicted the horizon at which hydrocarbons were found. The Company discovered that the formation sands were not developed sufficiently to produce commercial quantities of hydrocarbons. The Company intends to plug and abandon the Bellows # 1 well in the near future.
About CompuPrint, Inc.
CompuPrint, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides mapping, surveying, and analytical services to exploration, drilling, and mining companies. The Company primarily uses the STeP ® technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. It manages and interprets geologic and satellite data to develop the assessment of natural resources. Through the Company's wholly owned affiliate, Terra Resources, Inc., the general partner in three limited partnerships we control, the Company owns leases for oil and gas parcels totaling more than 16,000 acres of land in the Rail Road Valley and White River Valley areas of Nevada, and participation in leases in East Texas and in South Texas for purposes of utilizing its STeP technology in oil and gas exploration and development activities. The Company also has a 20% working interest in 1,000,000 acres in leases for oil exploration in Eastern Turkey, and a six percent working interest in a diamond exploration project on more than 1,000 square kilometers in Republic of Congo. The Company also makes its survey services available to exploration companies on a contract basis and recently announced a $2.5 million contract with a major international oil company. For more information visit http://www.terrainsight.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill or drilling results to fail to materialize: competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.
Contact:
CEOcast, Inc. for CompuPrint, Inc.
Andrew Hellman, 212-732-4300
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