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Green it shall be..... Lets Go PDGT.....
watch AVVW. BIG NEWS OUT IN 2ND DAY OF RUN....
Good morning C.R.E.A.M TEAM!!!!! Its gonna be a green bud day!!!!!!
ALRY.....RDDI.....RBID......PDGT.....
lol.....you got that right!
missed the kentucky derby tri-fecta...this ones looking good though rbid,pdgt,rddi
Trading on the golf course by day!!!! poker tournament at night holla!!!!!!!!!!!!
very interesting with the RBID toad!!!!!need green and more green and more green!!!!holla
RBID NEWS!!!!
Could be heating up!
NEWPORT BEACH, Calif., May 8, 2007 /PRNewswire-FirstCall via COMTEX/ -- RBID.Com, Inc. (Pink Sheets: RBID) CEO and president, Mr. Alan Rothman, today announced the appointment of veteran entrepreneur and CEO, Mr. Elliott F. Kusel, as the newest member to the RBID.Com Board of Advisors. Mr. Kusel has over fifty years experience in building successful multimillion dollar private and publicly listed companies, i.e. the wholesale electronics distribution industry, and the wholesale and retail optical industries. He is currently founder and CEO of Maverick Gaming, Inc., an entertainment enterprise incorporating a unique television show utilizing a poker theme format.
Commenting on the appointment, Mr. Rothman stated, "We are honored that Elliott F. Kusel has agreed to join the RBID Board of Advisors. His business savvy and keen visionary qualities are outstanding. He is an established and proven leader with a unique talent to focus on the day-to-day minutiae of running a large corporation, whilst leading a large workforce towards achieving a bigger vision."
Mr. Kusel commented: "I am delighted to be invited onto the board, and be considered a valued associate of RBID. I eagerly enter into this association and look forward to a long and most prosperous relationship."
Rothman concluded, "I believe that based on his education, background and experience, Mr. Kusel will inspire and guide us as we continue to grow the business, and identify new acquisition target companies that are synergistic to our goal of creating significant market share for our financial software, educational and wealth creation products."
Mr. Kusel founded the successful electronic components distribution firm, Atlas Electronics, Inc. in 1958 with his then partner, mentor and friend, Mr. Leon Machiz. Within ten years (1968) Kusel built Atlas into a firm with $20-million in annual revenues. Atlas was subsequently acquired by Sterling Electronics, an American Stock Exchange listed company. Mr. Machiz moved on to become the CEO and chairman of Avnet, Inc. (AVT), while Mr. Kusel founded and became the CEO of Majesco, Inc., a bio-medical products manufacturing company.
About RBID.com, Inc.
RBID.com, Inc. (http://www.rbid.com ) is a financial IT and marketing company. RBID also facilitates the acquisition, commercialization, promotion and protection of both underdeveloped and distressed patented and/or proprietary technologies. RBID.Com, Inc. has the exclusive US and European licensing and distribution rights to the home budgeting software, Simply Budgets (www.simplybudgets.com ).
Good morning C.R.E.A.M. TEAM.......Hope we all can make some cash today!
In play for me....
ALRY....RBID....RDDI
What up C.R.E.A.M Team.... nice board....I'm in......lets get paid..........holla!!!!!!!
lol....lol...lol....
Kiss my ass!!!!!
RDDI.......huge
leave me alone kid, I'm busy...as i toss ya a nickle...lol
I know your there Energy......
You cant hide.....
RDDI!!!!!
lol...lol..lol.....
Energyman....
really, take a look.....
I wont stop pestering ya.....you know that!
HUGE....look at the share structure.
RDDI -- Reddi Brake Supply Corp.
Com ($0.0001)
Search for Dun & Bradstreet reports on this company.
Address:
1175 East 400 South
Suite 900
Salt Lake City, UT 84111
USA
Phone: (801) 269-8535
Business Description: Not Available
Primary State of Incorporation: Nevada
Country of Incorporation: USA
Officers:
Michael J. Zwebner, President
Fiscal Year End: June 30
CIK: 0000867687
Outstanding Shares: 2,319,400 as of 2007-04-20
Estimated Market Cap: 4.406M as of 2007-05-04 (based on Outstanding Shares as of 2007-04-20)
Current Capital Change:
shs decreased by 1 for 750 split
Ex-Date:
Record Date:
Pay Date: 2004-03-22
Dividends:
Company Notes:
Formerly=Wesco Auto Parts Corp. to 5-94
Note=3-31-04 company is in the development stage
Transfer Agent:
Not Available
The inform
RDDI
Energy....
You do not want to miss this one.
RDDI -- Reddi Brake Supply Corp.
Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Reddi Brake Supply Corporation Announces a Multimillion Dollar Reverse Merger With Hidden Splendor Resources, Inc. Deal to Close on May 14, 2007
SALT LAKE CITY, UT, Apr 30, 2007 (MARKET WIRE via COMTEX) -- Reddi Brake Supply Corporation (OTCBB: RDDI) company President / CEO Michael J. Zwebner announced today that The Board of Directors of the company have unanimously voted to approve a multimillion dollar reverse merger transaction with Hidden Splendor Resources, Inc., a Nevada corporation which operates a coal mining operation in Utah. The transaction which is an all share deal, calls for the issuance of 26,538,000 pre split common stock shares of Reddi to the existing shareholders representing 100% of the outstanding stock of Hidden Splendor Resources, Inc.
GENERAL BACKGROUND OF THE COMPANY
Hidden Splendor Resources, Inc., a Nevada corporation (the "Company" or "Hidden Splendor"), was originally incorporated on May 30, 1990. In March of 2003, the Company acquired the coal mine operations of the Horizon Mine located near Helper, Utah. The Company purchased the Horizon Mine operations at a sale of the assets of a corporation known as Lodestar Energy. The Company commenced its coal production operations at the Horizon Mine in August of 2003 and has operated the Mine as an active working coal mine since that time. The company's coal is extracted from the operations of the Horizon Mine, which is located approximately 11 miles west of Helper, in Carbon County, Utah. As of the date of this announcement we employ approximately 68 underground miners and have additional support staff of 10 persons.
RESERVES UNDER LEASE
As of January 2007, the company has approximately 12 million remaining mineable tons under lease and the company has a permit to mine in the entire leased area containing these reserves. The majority of this tonnage is part of federal lease (Lease # U-74804) given by the Bureau of Land Management. Approximately 220,000 tons of the remaining mineable tons are tons of fee coal which is owned by Hidden Splendor. At anticipated rates of mining, the company believes the current leased reverses will take 6 to 8 years to mine. The company stresses that reserve estimates are just that, estimates, and actual tonnages likely will vary. More detailed information will be contained in the company's future filings with the Securities and Exchange Commission.
ADDITIONAL UNLEASED RESERVES ADJACENT TO THE MINE ARE AVAILABLE
From drill hole information available from the Bureau of Land Management, we estimate that at least 36 million mineable tons of coal are available in these adjacent un-leased reserves. Acquiring leases for this additional tonnage is part of the Company's plan to extend the life of the Horizon Mine. In this regard, the Company intends to acquire additional reserves in blocks of coal over time. At this time, the average selling price per ton of coal ranges between $27 and $30 per ton.
More information relating to our company will be made available in due course.
SAFE HARBOR
Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Contact:
Reddi Brake Supply Corporation
(801) 269-8535
SOURCE: Reddi Brake Supply Corporation
Copyright 2007 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Financial Services:Investment Services and Trading
Energy and Utilities:Coal
Professional Services:Investor Relations
Manufacturing and Production:Mining and Metals
Search for Dun & Bradstreet reports on this company.
I like this one!!!! I picked up 500 for starters!!!!!
Posted by: thedragonfly06
In reply to: None
Date:5/7/2007 1:36:42 PM
Post #of 5251
RDDI RM AND A BIG ONE!1.80x1.90x1 OS 2.1 MIL and 2 for 1 FS coming into RM and namechange!Im going for 500 F it.
Reddi Brake Supply Corporation Announces a Multimillion Dollar Reverse Merger With Hidden Splendor Resources, Inc. Deal to Close on May 14, 2007
SALT LAKE CITY, UT, Apr 30, 2007 (MARKET WIRE via COMTEX) -- Reddi Brake Supply Corporation (OTCBB: RDDI) company President / CEO Michael J. Zwebner announced today that The Board of Directors of the company have unanimously voted to approve a multimillion dollar reverse merger transaction with Hidden Splendor Resources, Inc., a Nevada corporation which operates a coal mining operation in Utah. The transaction which is an all share deal, calls for the issuance of 26,538,000 pre split common stock shares of Reddi to the existing shareholders representing 100% of the outstanding stock of Hidden Splendor Resources, Inc.
GENERAL BACKGROUND OF THE COMPANY
Hidden Splendor Resources, Inc., a Nevada corporation (the "Company" or "Hidden Splendor"), was originally incorporated on May 30, 1990. In March of 2003, the Company acquired the coal mine operations of the Horizon Mine located near Helper, Utah. The Company purchased the Horizon Mine operations at a sale of the assets of a corporation known as Lodestar Energy. The Company commenced its coal production operations at the Horizon Mine in August of 2003 and has operated the Mine as an active working coal mine since that time. The company's coal is extracted from the operations of the Horizon Mine, which is located approximately 11 miles west of Helper, in Carbon County, Utah. As of the date of this announcement we employ approximately 68 underground miners and have additional support staff of 10 persons.
RESERVES UNDER LEASE
As of January 2007, the company has approximately 12 million remaining mineable tons under lease and the company has a permit to mine in the entire leased area containing these reserves. The majority of this tonnage is part of federal lease (Lease # U-74804) given by the Bureau of Land Management. Approximately 220,000 tons of the remaining mineable tons are tons of fee coal which is owned by Hidden Splendor. At anticipated rates of mining, the company believes the current leased reverses will take 6 to 8 years to mine. The company stresses that reserve estimates are just that, estimates, and actual tonnages likely will vary. More detailed information will be contained in the company's future filings with the Securities and Exchange Commission.
ADDITIONAL UNLEASED RESERVES ADJACENT TO THE MINE ARE AVAILABLE
From drill hole information available from the Bureau of Land Management, we estimate that at least 36 million mineable tons of coal are available in these adjacent un-leased reserves. Acquiring leases for this additional tonnage is part of the Company's plan to extend the life of the Horizon Mine. In this regard, the Company intends to acquire additional reserves in blocks of coal over time. At this time, the average selling price per ton of coal ranges between $27 and $30 per ton.
More information relating to our company will be made available in due course.
SAFE HARBOR
Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Contact:
Reddi Brake Supply Corporation
(801) 269-8535
"Luck is
ALRY HUGE NEWS!!!!!!!!!!!!!!!!!
ALRY -- Allenergy Inc.
Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Allenergy Obtains Bayless 'B' 600 Acre Project
COFFEYVILLE, Kan., May 7, 2007 /PRNewswire-FirstCall via COMTEX/ -- Allenergy, Inc. (OTC: ALRY), with a 17-year history in the oil and gas industry and current involvement in the multi-billion dollar natural gas fields in Kansas and Oklahoma, is pleased to announce the finalization of the Bayless "B" project located in Montgomery and Chautauqua counties, Kansas. This 600 acre project is situated on the east slope of the Longton Anticline and is contiguous to the Company's 480 acre Ball and the 960 acre Dark Treasures projects.
"The Bayless "B" project was vigorously sought after by other oil and gas companies. However, Mr. Bayless said he wanted Allenergy to obtain these 600 acres because of how quickly we get things accomplished," said Larry Sanford, President.
"This project contains 20 wells with two disposals and fully equipped to enable Allenergy to be producing within hours after the electric meters are in service. We certainly won't have a scheduling problem for a workover rig if and when we need one," Mr. Sanford said.
One determining factor that met the criteria that Allenergy requires in its due diligence is that numerous untested zones are available. The Company strongly believes that the Bayless "B" will be a more prolific producer than either the Ball or the Dark Treasures projects because of the higher geological structures that have been identified in a geologist report. The report is not being released because it contains confidential information on other properties Allenergy is considering.
"We are very pleased with our growth and the future we are developing for our Company and its investors," Mr. Sanford concluded.
About Allenergy: Allenergy, Inc. (OTC: ALRY) is strategically focused on areas of Kansas and Oklahoma believed to contain more than 1.5 trillion cubic feet of natural gas and helium at shallow depths. The Company currently holds approximately 5,500 acres of leased land with over 100 oil and gas wells on its producing properties.
For more information about the Company, please visit http://www.allenergyinc.com
Note: Certain statements in this news release may contain "forward looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.
Allenergy, Inc.: 877-277-8171.
Contacts: J.C. Friend at jcallenergy@aol.com
E&E Communications
Paul Knopick, (949) 707-5365
pknopick@eandecommunications.com
SOURCE Allenergy, Inc.
CONTACT: J.C. Friend, jcallenergy@aol.com; Paul Knopick of E&E Communications,
+1-949-707-5365, pknopick@eandecommunications.com
URL: http://www.allenergyinc.com
http://www.prnewswire.com
www.prnewswire.com
Copyright (C) 2007 PR Newswire. All rights reserved
-0-
KEYWORD: Kansas
INDUSTRY KEYWORD: OIL
OTC
Search for Dun & Bradstreet reports on this company.
Nice will DD them thanks E!)Hope yall had a great weekend now lets show everyone was up this week!)$%$%!)DF
GM CREAM TEAM>........ GET THEM DOLLA DOLLA BILLS YAH!!!!
Good morning C.R.E.A.M TEAM!!!!!!!!!!Gonna get some green this week!!!!
Need green this week > (KHK)(ALRY)(SCEY)(WRNW)(FCEL)(EGHT)(ILA)(ASN)(ANS)(ABXA)(RTK)(MCGC)(MNG)
(T) < need red till Jan 2009
For you to look into fly >(KHK)-Kitty Hawk Inc.
http://www.kha.com
Phone: (972) 456-2200
http://www.investorshub.com/boards/board.asp?board_id=9175
Kitty Hawk, Inc., located at Dallas/Fort Worth International Airport, is a publicly traded holding company, with three wholly-owned subsidiaries, Kitty Hawk Cargo, Inc., Kitty Hawk Aircargo, Inc., and Kitty Hawk Ground, Inc.
With more than 30 years of air cargo experience, Kitty Hawk, Inc. is recognized as the premier provider of mission-critical, heavy weight transportation services in North America.
Kitty Hawk Cargo, Inc. is North America’s only independent overnight heavy-weight freight system moving millions of pounds of freight each night. With our all-cargo fleet of Boeing 727 and 737-300SF freighter aircraft, Kitty Hawk Aircargo, Inc. provides air freight transportation services and ACMI charters around the globe. Kitty Hawk Ground, Inc. doing business as Air Container Transport, manages Kitty Hawk's nationwide airport-to-airport scheduled LTL ground service.
Officers:
Robert W. Zoller Jr, CEO; Toby Skaar, COO; Randy S. Leiser, CFO; Steven E. Markhoff, Secretary
NOTE: On April 25, 2007 Major Stockholder Bryant Riley Joins Board of Directors !
Mel Keating Elected Chairman of the Board
President & CEO Bob Zoller Announces his Retirement
***Four other members of the Company’s Board of Directors including Gerald Gitner, Raymond Greer, Myron Kaplan and Laurie Shahon have resigned from the Board on april 25, 2007
http://www.kittyhawkcompanies.com/press_release.aspx?id=70
A two-member Executive Committee comprised of current Board members Mel Keating and Joe Ruffolo will temporarily assume Mr. Zoller’s responsibilities until a replacement is appointed. The executive management team will continue in their current positions and will report to the Executive Committee.
Mr. Keating, who joined the Kitty Hawk Board of Directors in March 2006, has been appointed Chairman of the Board, replacing Mr. Gitner. Bryant Riley, a greater than 15 percent stockholder of Kitty Hawk, and Alan Howe, Vice President of Strategic and Wireless Business Development for Covad Communications, Inc.(Public, AMEX:DVW)and recommended by Lloyd Miller III, a greater than 23 percent stockholder of Kitty Hawk have been appointed to the Board of Directors. The Board has been reduced to five members from seven.
*Mr. Keating, 57, is a certified public accountant with more than 30 years of international experience in senior financial and operating positions including, senior vice president of financial administration at Olympia + York Companies, as president and chief executive officer of both Sunbelt Management Company and Picasso Properties, and as a consultant to Warburg Pincus Equity Partners. Currently, he serves on the board of Plymouth Rubber Company and is chairman of its audit committee. Mr. Keating holds MBA and MS degrees from the Wharton School of Business at the University of Pennsylvania.
*Mr. Keating is also currently the CEO of Alliance Semiconductor Corp.-----Ticker symbol(ALSC)
Website: http://www.alsc.com
http://www.investorshub.com/boards/quotes.asp?ticker=alsc&qm_page=23308&qm_symbol=ALSC
><><><><><><><><><><><><><>
Lloyd I. Miller, III --- 21.7% owner
SOLE VOTING POWER
9,980,871
SHARED VOTING POWER
2,989,842
TOTAL SHARE VOTED 12,970,713
*SCHEDULE 13D for Lloyd I. Miller, III - April 20, 2007
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0000950123%252D07....
*Fiscal Year End: December 31
*Edgar Filing Status: Current EDGAR Filer
*CIK: 0000932110
*Outstanding Shares: 52,925,896 as of 2007-03-29
*Estimated Market Cap: 28.05M as of 2007-05-03 (based on *Outstanding Shares as of 2007-03-29)
*Number of Shareholders of Record: 1,590 as of 2007-04-02
Company Notes:
Note=5-00 Company filed petition under Chapter XI of the Federal Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of Texas, Fort Worth Division. Case No. 00-42141-BJH-11. Plan of Reorganization effective 9-30-02: Holders of Com (Old) to receive nothing; 9.95% Senior Notes in the prin amt of $340 million were cancelled in exchange for the the right to receive approx 40,500,000 shs of Com (New) & cash; Company expects to issue to the holders of unsecured claims of the Debtors approx 7,000,000 shs and 2,500,000 shs of Com (New) to an affiliate of Pegasus Aviation
Class Notes:
Issued=9-02 Pursuant to reorganization out of bankruptcy. 9.95% Senior Notes in the prin amt of $340 million were cancelled in exchange for the the right to receive approx 40,500,000 shs of Com (New) & cash. Company expects to issue to the holders of unsecured claims of the Debtors approx 7,000,000 shs and 2,500,000 shs of Com (New) to an affiliate of Pegasus Aviation
Address:
1515 West 20th Street
P.O. Box 612787
DFW International Airport
TX 75261
USA
Primary State of Incorporation: Delaware
Country of Incorporation: USA
I love that people can't get filled on BID...lol (ALRY) good sign of things to come>.Take us longs out at .80 when the time is right...IMO
FCEL <<, F%$#^cking dog with fleas lately.
Good Morning C.R.E.A.M TEAM!!!!!!!!!!!ALRY
WOW.. Bringing me back to the good days....
They were some crazy times... don't regret one second of it.
We lived a good life so far... And its gonna get better.
gonna go from.. puffing on the beach in Ventnor.. to sippin
RUM-RUNNERS in FIJI.. LETS GO ALRY....
Good for you, Millionaire or is it Billionaire in the making.
Not parting with a single share..........Scouts Honer !!!
This company is going to impress alot of people in the near future...they already started !!!
That Market cap is going to change dramatically....IMO
Good afternoon energy...LOL ALRY keeping in you in the money? Great pick
you guys need to cut that good morning crap out...sounds kinda gay.......lol ....just messing!!!
I can't believe you are getting married Ben !
It seems like just yesterday we were tag teaming girls in Frank's and Zeke's and your old basement apartment on Marion Ave......lol
remember the blue things on the pizza? you know what I am talking about !!!!! lol The never ending ones....
Good morning to the CREAM TEAM...
LETS GO ALRY.........CLOSE AT 13.5 WWEEEEEEEEEEEE
Good morning C.R.E.A.M. TEAM!!!!! ALRY!!!
ALRY great update worth sharing.....
Posted by: joenatural
In reply to: None
Date:5/2/2007 8:33:54 PM
Post #of 6388
IMPORTANT UPDATE FROM COMPANY THIS EVENING ..........
J.C. Friend just called me this evening, as he was returning my call from earlier. I had never spoken with anyone at ALRY before, so I thought it was time.
Very nice man. Now what I say below may have already been stated on this board before. I don't know because I just don't follow the board much.
J.C. stated there are 60 million O/S and 7 million are restricted, thus the float is 53 million. The 504 is completely finished and contrary to rumors, there is no other 504 and the company has finished raising cash, which was used for purchase of Dark Treasure lease.
Financials will be out on or about May 14th. The company is now profitable and operating in the black. Much of that money goes right back into developing their leases.
Rex Horning acquisition is already paying off big time. At the beginning of the acquisition, ALRY was sending out an average of 1 1/2 invoices per day. They are now averaging sending out 5 invoices a day and the backlog of wells to be serviced is now up to 60.
Beginning in June, the company will be putting out production numbers for the month before. This will continue every month thereafter and will give us an idea as to their progress each month.
Not sure if anything can be learned from above, but thought I'd pass on what J.C. had to say
WOW what a great idea...LOL - -spread the word!
http://www.investorshub.com/boards/board.asp?board_id=9151
CHECK US OUT!!!!!!!!!!!!
THIS IS THE SPOT!!!!!
http://www.investorshub.com/boards/board.asp?board_id=9151
looking good buddy, ALRY is one to watch for sure...
ALRY BIG NEWS!!!!!!!!!!!
ALRY (.105) Says One Million Recoverable Barrels of Oil Realistic Assessment
PR Newswire "US Press Releases "
COFFEYVILLE, Kan., May 2 /PRNewswire-FirstCall/ -- Allenergy, Inc. (OTC: ALRY), with a 17-year history in the oil and gas industry and current involvement in the multi-billion dollar natural gas fields in Kansas and Oklahoma, is pleased to disclose to investors a geology report that was obtained before the purchase of the AE-4 Project on April 19, 2006. We held this report close to Company management until we had ample time to procure surrounding acreage around the Moore Lease.
The report describes four producing formations on and adjacent to the Ball and to the Dark Treasures properties that was purchased January 24, 2007. The Redd sand occurring about 600' ranges from 5' to 50' thick and is the known oil producer on this lease. The Redd sand is a longer-lasting producer than the Weiser, producing less water and more gas. The Redd sand is a point-bar type deposit and the oil usually lies in pools or pods as opposed to shoestring-type deposits. As the wells are drilled to the west and rising up on the hill (Ball Lease) more and more gas will be encountered. The Redd sand is mostly a gas driven sand and the Weiser is water driven and contains less amount of gas. The Redd sand should yield 30 BOPD and the Weiser sand around 25 BOPD. It is not unrealistic to anticipate producing 200 mfcpd.
The Mississippi occurring around 1600' is a limestone with the top 10', a weathered, porus chert, called "chat". This chat is the gas-bearing zone and long-lasting zone produced naturally or treated lightly with acid. A gas well in the Mississippi about 2000' west of the Moore open-flow tested 6 mmcf with a shut-in pressure of 721 PSI.
Arbuckle Dol which occurs around 1850' to 1900' is a dolomite that contains thin lenses of excellent porosity and permeability in the form of vugs or cavities in the top 10' often filled with oil and gas.
A well 1320' west of the Moore property encountered oil and 3.65 mmcfpd (4-point tested). It is believed that more oil lies structurally down off this gas and to the east (Moore Lease). Arbuckle oil is the most pursued as it lies in pools that are constantly being recharged and long-lasting.
Taking all these facts into consideration of the four producing zones, one million recoverable barrels of oil is quite realistic. The shallow depth of the oil production plus the large barrel per acre foot coupled with the factual gas production in the area makes the Moore and surrounding area a very compelling project.
The surrounding area mentioned by the geologist consists of the Company's 480-acre AE-4, the 960 acre Dark Treasures and the pending 600 acre Bayless "B" properties.
The geologist didn't research the Layton formation. On April 11th, the Company perforated the Moore TM-1 and discovered a free flowing dry virgin pressure gas well that is maintaining 105 PSI. On Monday Allenergy lowered the pressure from 110 PSI to 105 PSI and gained an additional 10,000 cubic ft. "The Company will slowly let back pressure off in stages to let the well tell us its potential. Every indication is upward and could be unprecedented at this well depth. We have analyzed the logs of three wells on the Ball Lease that have identical readings as the TM-1 except they are structurally higher, which is very encouraging."
"We are just beginning to reap benefits of this year long plan and all indications point to very exciting plateaus for our shareholders and the Company," Mr. Sanford concluded.
About Allenergy: Allenergy, Inc. (OTC: ALRY) is strategically focused on areas of Kansas and Oklahoma believed to contain more than 1.5 trillion cubic feet of natural gas and helium at shallow depths. The Company currently holds approximately 5,500 acres of leased land with over 100 oil and gas wells on its producing properties.
For more information about the Company, please visit http://www.allenergyinc.com
Note: Certain statements in this news release may contain "forward looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.
Allenergy, Inc.: 877-277-8171
J.C. Friend at jcallenergy@aol.com
E&E Communications Paul Knopick, (949) 707-5365
pknopick@eandecommunications.com
lol....I hear that!!!! Dolla Dolla bill yall!!!!!!!!
.<font color=green> AFTERNOON $C$R$%E%A%M%TEAM!!~)Lets get things goin here.)eom
It looks like there shaking a few sellers loose on TNOG, i hope we found a base, but i have a feeling another PR is coming out real soon....http://stockcharts.com/h-sc/ui?s=tnog
ya were ready for sure...i think the eights are going to get nibbled on pretty soon imo..
That would be good......I've been watching since last week and I'd say we are ready.....
Oh it is...up like 200% right now...were going to see a cent real soon imo..
I bought some this morning @.006.......looks like its gonna run...
TNOG put news out today....they found some sweet crude gas
Titan Oil and Gas, Inc. - Eberle #1 Prepares for Connection to the DCP Midstream Pipeline
Titan Oil and Gas Continues in the Second Phase of Its Turnaround, as Its Eberle #1 Is Poised for Connection to DCP Midstream's Gas Pipeline
Apr 30, 2007 10:00:00 AM
SAN ANTONIO, TX -- (MARKET WIRE) -- 04/30/07 -- Titan Oil and Gas, Inc. (PINKSHEETS: TNOG) is pleased to announce that production at its Eberle #1 gas well in Bastrop County, Texas will allow for connection to DCP Midstream's gas pipeline. This arrangement will provide a steady distribution channel and income for the company. DCP Mainstream has been intensifying pipeline development in the area because of recent natural gas recoveries. It is because of this that Titan Oil and Gas has also looked at expanding onto adjoining properties in the area. DCP Midstream is a joint venture of ConocoPhillips and Spectra Energy, which is itself a spin-off of Duke Energy, one of North America's leading power producers with operations and assets in the United States, Canada and Latin America.
Vice President of Communications Brandon Toth related, "The well's connection to the pipeline affords us a steady and reliable income so that we can implement other aspects of the turnaround plan. This has occurred exactly as conceived, we're on the right track." As a key component in the Management Team's forward-looking program, the success of this goal in the phased turnaround process is a major development. As previous operations in July, August and November proved successful, gas production was achieved at approximately 5,000 feet after drilling. The well was determined to be a Taylor Sand Formation, which provides a high quality or "sweet" gas that commands the highest price at market.
"The Bastrop County Project [Eberle #1] was handled with care because there were so many other variables that had to be addressed first so that this would provide maximum benefit to shareholders." This according to President John Marconette in reference to operations started at the Eberle #1, Bastrop County, Texas site in July of 2006. The Eberle #1 site was being developed almost simultaneously as the company was in the midst of leadership changes.
Current partners in the Eberle #1 project include, Tejones Operating Corp. and Oasis Oil and Gas. J.R. Harrison heads Oasis Oil and Gas Corporation, a Houston-based company. Mr. Harrison has been in the petroleum and fuels marketing business for the last 18 years, and has worked with major oil companies such as Exxon Mobil and Shell Oil. Mr. Thomas Gouger III heads Tejones Operating Corporation. Mr. Gouger has been an oil and gas operator for over 25 years in the South Texas area. The company looks forward to continued relationships with these and other partners in a number of future projects.
looks like were going to have a good run come monday.....hope to see some good numbers
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