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Anyone here from Terra that could answer my question ?
Does Terra have technology to see efficiently through and beneath the 250-400m Dolerite cap over Tasmania's possible oil ground ?
Cheers.
http://en.wikipedia.org/wiki/Geology_of_Tasmania
Dolerite in Red.
Something else to consider:
You don't need a lot of money to fly a plane over land mass to do charting but you need a lot of money to drill and operate a mine.
I don't know what their financial resources are and that may be a determining factor that will determine their success. Another reason for a joint venture.
I am wondering if there is any update with Lucas as they announced a deal a couple of months ago
I don't know what their capabilities are for charting seismic graphs but the obvious thing is they are experts in graphicing underground minerals and have limited, if any experience in mining. Therefore I would think Joint ventures are the future for this companies success.
In any case nothing is going to happen fast. They are very young in this new venture and I will be watching future developments.
Can Terra's technology see through the 250-400 metres of solid Dollerite which caps most of Tasmania ??
The article about Terra Energy filing for a license makes perfect sense. The company has the expertise to detect where the oil is hiding.
The article about EEGC is to force the issue of the grant of the license.
Lots of movement yesterday and looks like today things will be different. The problem with a huge Skype spam job is that it looks good for a day or 2 and then falls back to earth. This is a great company that is a 10 cent stock and will be good and consistent. The company is clean and legit
hope this is not a pump and dump - sure smells like this with all the action today
I have just called the transfer agent and confirmed these current share numbers:
Outstanding 102,543,338 as of February 16, 2010
Authorized 250,000,000 as of February 16, 2010.
The IBOX has been updated
I subscribe to www.globalmarketplay.com and they told me about this stock
it is called pump and dump. I see this stock as 10-15 cents not he other spam price
There we have it Z.
Inside info trading.
Well it seems that TEGR will form a (diluting EEGC Investors) JV with EEGC if they are awarded the EL.
How does one go about researching a non-existent exploration licence? Is there a non-existent MRT where you can do it?
Hmmmm. Maybe I know something you don't. Then again maybe not. Its up to you to do research for your own comfort.
How can a joint venture be formed for an exploration licence if neither party holds one? Would it be a make-believe JV for a make-believe licence?
Its not a difficult problem to solve. All one has to do is form a joint venture with a company with a license.
Yes, I am puzzled to. It goes without saying a Company needs to have an exploration licence to be able to search for oil.
Sorry, I have to ask. What is up with promoters trying to sell TEGR over random skype massages?
Here is a massage I got from terra_energy.
_______________________________________________________________
Symbol: TEGR.ob
Current Price: .07
Short Term Target: .95+
Long Term Target: 1.75+
Rating: STRONG BUY
Our favorite oil and gas penny stock is TEGR. Terra Energy & Resource Technologies, Inc.,TEGR,is a unique space age technology service company operating in the field of natural resources detection, exploration, and development. The Company provides exploration services utilizing a suite of proprietary innovative technologies for exploration of a wide range of mineral resources: oil & gas, metals, kimberlites, uranium, water, and other minerals. Can you say well diversified?
Now is the time to exploit the Wall Street traders while TEGR is still trading under their radar. Get in on this ground floor opportunity to own the modern day equivalent to selling pick and shovels to the miners during he California Gold Rush. TEGR earns our 5 Star Penny Stock PicK this week with 4 out of 5 Stars! - Buy Aggressively
(cash) Visit http://pennystockelite.com for more information! (cash)
I received a symbol last week via Skype and the tip really paid off, they were promoting PEPR and I made a killing.
Based on last week's pick, I will be placing my chips on TEGR as well.
STAY AWAY... Didnt BGOI teach anyone anything??
How does a 7 cent stock all the sudden have a 1.75 target??
This is what I was spammed... lol
Symbol: TEGR.ob
Current Price: .07
Short Term Target: .95+
Long Term Target: 1.75+
Rating: STRONG BUY
Doesnt look like you have much of a pump following Howard.. your really the only poster.... LOL
Hey Howard PM me or come find me in my own chats and I'll give you a MUCH better pick than this pump and dump garbage
Howard,
I believe neither EEGC or Terra have any leases.
Can you please explain who has the Leases/Tenements ??
Welcome back investors!
Penny Stock Elite has a new 5 STAR PENNY STOCK OF THE WEEK!
Terra
Oil has become a major driving force in our technology driven world and the popularity of this commodity has placed oil producing companies on the top of many investors list. For our daily survival the presence of oil cannot be denied from the operation of industry machines, transportation of products either locally or across borders, and to individual mobility. With so much importance being wrested on oil production, it is no secret that buying oil penny stocks has the potential to churn wealthy returns.
Our favorite oil and gas penny stock is TEGR. Terra Energy & Resource Technologies, Inc.,TEGR,is a unique space age technology service company operating in the field of natural resources detection, exploration, and development. The Company provides exploration services utilizing a suite of proprietary innovative technologies for exploration of a wide range of mineral resources: oil & gas, metals, kimberlites, uranium, water, and other minerals. Can you say well diversified?
TEGR's proven technology had been proven with some of the world's largest international oil and gas companies, including GAZPROM, LUKOIL, PETROBRAS, TNK-BP and many others. The geography of TEGR's customers, basins and fields covers half of the globe, from Norwegian Sea to Sakhalin and from Northern Russia to West Africa, with some applications in South America and Central Africa.TEGR's technology is not geographically restrict, on or offshore.
TEGR's proven breakthrough technology is about to go commercial. There are thousands of new exploratory wells drilled in the United States each year, with even more farm-in wells offered to industry participants by "farm-ors." Generally, during difficult economic times, the number of quality prospects seeking capital increases. Based on TEGR's recent survey of the market through industry sources, it is finding there is an abundant and excellent opportunity waiting to be exploited.
Now is the time to exploit the Wall Street traders while TEGR is still trading under their radar. Get in on this ground floor opportunity to own the modern day equivalent to selling pick and shovels to the miners during he California Gold Rush.
TEGR earns our 5 Star Penny Stock Pick this week with 4 out of 5 Stars! - Buy Aggressively
guys you are sending out spam....
http://www.pennystockelite.com/
Does TEGR have any hydrocarbon leases then? I have never read anywhere that they do.
I may be jumping the gun here in my assumptions but I see a company that does seismic research and a company that has hydrocarbon leases I don't think its too stretch of the imagination to see the potential here.
Can you explain why it should be a perfect mariage between eegc and tegr? What has the one company to do with the other. Will there a joint venture between both companies?
This could be a perfect marriage between TEGR and EEGC for the undersea property lease. Hmmmmmmmmmm
There should be some sort of a push on the stock this week. I have been following it and other private chat groups have mentioned this stock as one to watch
I don't know if the stock will take off that fast or not but I heard a rumor, just a rumor that Malcolm was back in New York and guess who has their office there. Interesting!
This thing will be taking off in the next couple of days. The volume is slowly increasing and I think they should hit 10 cents this week
I called the company at the New York office and they will not be attending the EXPO in Canada in March. As we talked I mentioned IHUB and they never heard of IHUB...Now they do!
Good morning on this Snowy day.
Please keep in mind that the company is going in a different direction with its venture into actual mining. Previous business was mapping and it still is. They have expertise in finding deposits of minerals and hydrocarbons and its a natural migration into mining using their findings.
This will have to be developed over the years and the advantage they have is the ability to locate deposits fast. Mining is a different business and requires large amounts of capital, experience, and a large work force and equipment not to mention leases.
One way to raise money is through joint ventures, where there is a profit sharing agreement.
The key to investing in this type of business is patience.
I am sure as the company moves forward there will be many meetings and joint ventures, so hang in there and some day we may all get a nice return on our investment.
TEGR is interested in mining for hydrocarbons in Tasmania and some EEGC investors are slowly buying shares in TEGR. Something is going on.
Terra Diversified Drilling, LLC ("TDD"), a wholly owned subsidiary of the Company,
There are thousands of new exploratory wells drilled in the United States each year, with even more farm-in wells offered to industry participants by "farm-ors." Generally, during difficult economic times, the number of quality prospects seeking capital increases. Based on Terra's recent survey of the market through industry sources, it is finding there is an abundant and excellent opportunity available presently. Terra will screen all prospects, grade them and choose the best for investment
About Terra Energy & Resource Technologies, Inc
Terra Energy & Resource Technologies, Inc., through its subsidiary Terra Insight Services, Inc., provides mapping and analysis services for exploration, drilling, and mining companies related to natural resources found beneath the surface of the Earth. The Company uses a suite of innovative and efficient technologies, which facilitate the prediction and location of commercially viable deposits
of hydrocarbons, gold, diamonds, and other natural resources, and assesses them for any given geographic area -- on or offshore. For more information, visit http://www.terrainsight.com
Over the next several years, TDD will use its technological competitive advantage to pick quality oil and gas prospects in North America and commit funding to them. TDD will invest as a minority interest owner ("farm-in basis") in scores of drilling prospects that meet strict criteria and are managed by proven sponsors/operators. The anticipated result will be the creation of a high income portfolio of oil and gas wells with extraordinary diversification. Prospect selection will be optimized using Terra's proprietary technological screening process which includes several independent technologies. Terra's process incorporates unique scientific methods which are commercially unavailable in the exploration industry today. The methods apply innovative analytics and sophisticated algorithms using data sourced from satellite imagery, soil samples on the surface and seismic data from the subsurface. The strategy will essentially pick the best drill-ready prospects available and then limit prospect selection to the 'best of the best,'" said Dmitry Vilbaum, Chief Executive
Officer of Terra Energy & Resource
Terra's technology suite answers many of the critical questions required to drill for hydrocarbons with confidence. The prospect selection process will be based on the industry's best geological and geophysical practices coupled with Terra's unique, innovative, and proprietary technologies
that include the satellite-based Sub Terrain Prospecting Technology (STeP®), the geochemical method of Naturally Adsorbed Gas Survey (NAGS) and the unique seismic technology of Side View Seismic Locator (SVSL). Terra expects to significantly increase the economic success of its oil and gas investments and generate above-average cash flows
and reserves
The TDD strategy will achieve remarkable diversification by investing in drill-ready, non-operated prospects, sponsored by U.S. E&P companies, spread across several geographic regions and various well depths. The Company projects to participate in 200+ prospects over 10 years
(OTCBB: TEGR), a natural resources exploration technology company, is launching Phase II of its long-term business plan
-- leveraging its technology to build a superior portfolio of oil & gas production and reserves in the United States. It is anticipated that the initiative will be significantly accretive to Terra's revenues and earnings. Terra Diversified Drilling, LLC ("TDD"), a wholly owned subsidiary of the Company, will acquire a minority interest in U.S., non-operated oil & gas prospects on a "farm-in" basis. The Company will invest into highly graded oil & gas drilling prospects through TDD, seeking profits from the production and sale of hydrocarbons
Well, well, well.
How convenient Howard.
Your post No 592.
"I have heard that a meeting took place between TEGR and EEGC in New York last month. There are a lot of things in the works for this company and I rate this as a long term buy and hold.
This is only my opinion."
As long as EEGC shareholders are/were not screwed over intentionally,but a JV eventuates for funding only, sounds good to me.
Will definitely be keeping an eye on this for the sake of EEGC shareholders.
This is a pathetic display.
What do you call this .....guilt by apostiation?
You should be ashamed.
how on earth you come to the conclusion he is privy to inside information is nothing short of ridiculous
but i will say this....to state unequivocally that buying any stock is a breach with the sec just because you have not seen a pr, SCREAMS
"i have a personal problem with this poster and have no idea what constitues a SEC violation!"
Hi Heraclitus,
This is a perfectly legit company with a track record and Howard can invest where he wants independent of EEGC.
This has nothing to do with EEGC other than a mutual interest in Tasmania. If you had done your DD you would see that with a quick search of their website and work references. You might want to invest in it. Howard may have found something here. They have a verifiable multipronged technology developed over time.
Your post is not germane to the board in addition to being a personal attack, and you should retract it.
Puravida19
Good things in the works. the company is moving in the direction of mining as well as mapping. Lots happening. Stay tuned.
Time to Invest in U.S. Onshore Oil & Gas Prospects -- Terra Energy & Resource Technologies Initiates a New Investment Strategy, Leveraging Its Breakthrough Technology
marketwire
*
Companies:
o Terra Energy Resource Technologies, Inc.
Press Release Source: Terra Energy & Resource Technologies, Inc. On Wednesday February 3, 2010, 7:00 am EST
NEW YORK, NY--(Marketwire - 02/03/10) - Terra Energy & Resource Technologies, Inc. (OTC.BB:TEGR - News), a natural resources exploration technology company, is launching Phase II of its long-term business plan -- leveraging its technology to build a superior portfolio of oil & gas production and reserves in the United States. It is anticipated that the initiative will be significantly accretive to Terra's revenues and earnings. Terra Diversified Drilling, LLC ("TDD"), a wholly owned subsidiary of the Company, will acquire a minority interest in U.S., non-operated oil & gas prospects on a "farm-in" basis. The Company will invest into highly graded oil & gas drilling prospects through TDD, seeking profits from the production and sale of hydrocarbons.
The TDD strategy will achieve remarkable diversification by investing in drill-ready, non-operated prospects, sponsored by U.S. E&P companies, spread across several geographic regions and various well depths. The Company projects to participate in 200+ prospects over 10 years.
Terra's technology suite answers many of the critical questions required to drill for hydrocarbons with confidence. The prospect selection process will be based on the industry's best geological and geophysical practices coupled with Terra's unique, innovative, and proprietary technologies that include the satellite-based Sub Terrain Prospecting Technology (STeP?), the geochemical method of Naturally Adsorbed Gas Survey (NAGS) and the unique seismic technology of Side View Seismic Locator (SVSL). Terra expects to significantly increase the economic success of its oil and gas investments and generate above-average cash flows and reserves.
"Our technological advantage drives our competitive edge. The most significant contributing factor in the business of oil and gas exploration is the drilling success rate, which directly correlates with how accurately geological and geophysical experts and methods predicted any given drilling location. TDD will utilize the Terra Technologies and a set of strict criteria during the prospect selection process to significantly increase the success rate and therefore substantially improve the TDD project's economics, as compared with industry norms," said Dr. Alexandre Agaian, Terra Energy & Resource Technologies' President. "TDD plans to build a high-quality portfolio that yields enough excess cash flow to reinvest in new prospects, significantly augmenting the total number of prospects drilled and reserves generated. We intend to give priority to TDD, because TDD's strategy has a highest profit potential for Terra and its shareholders."
"Over the next several years, TDD will use its technological competitive advantage to pick quality oil and gas prospects in North America and commit funding to them. TDD will invest as a minority interest owner ("farm-in basis") in scores of drilling prospects that meet strict criteria and are managed by proven sponsors/operators. The anticipated result will be the creation of a high income portfolio of oil and gas wells with extraordinary diversification. Prospect selection will be optimized using Terra's proprietary technological screening process which includes several independent technologies. Terra's process incorporates unique scientific methods which are commercially unavailable in the exploration industry today. The methods apply innovative analytics and sophisticated algorithms using data sourced from satellite imagery, soil samples on the surface and seismic data from the subsurface. The strategy will essentially pick the best drill-ready prospects available and then limit prospect selection to the 'best of the best,'" said Dmitry Vilbaum, Chief Executive Officer of Terra Energy & Resource.
There are thousands of new exploratory wells drilled in the United States each year, with even more farm-in wells offered to industry participants by "farm-ors." Generally, during difficult economic times, the number of quality prospects seeking capital increases. Based on Terra's recent survey of the market through industry sources, it is finding there is an abundant and excellent opportunity available presently. Terra will screen all prospects, grade them and choose the best for investment.
About Terra Energy & Resource Technologies, Inc.
Terra Energy & Resource Technologies, Inc., through its subsidiary Terra Insight Services, Inc., provides mapping and analysis services for exploration, drilling, and mining companies related to natural resources found beneath the surface of the Earth. The Company uses a suite of innovative and efficient technologies, which facilitate the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources, and assesses them for any given geographic area -- on or offshore. For more information, visit http://www.terrainsight.com.
Safe Harbor for Forward-looking Statements
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 operations, its plans to acquire interests in exploration properties or technologies, or its plans to drill or drilling results to fail to materialize, including, but not limited to: 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 More Information, Please Contact:
Terra Energy & Resource Technologies, Inc.
212-286-9197
Email Contact
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