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Strong news on DUMA front!
Duma Energy Enters Negotiations for African Concession
HOUSTON, July 11, 2012 (GLOBE NEWSWIRE) -- Duma Energy Corp. (DUMA) (the "Company") is pleased to announce that it has entered into the final stage of negotiations regarding the proposed acquisition by the Company of a private corporation with a significant interest in an African concession totaling approximately 6 million acres (25,000 square km) (the "Proposed Acquisition"). The Company is seeking to expand beyond its current U.S. operations and acquire highly prospective opportunities in emerging exploration regions.
"Our success in the last two years has put us in a strong position for growth. We believe it is the right time to be aggressive and continue to pursue our stated goal of seeking projects that offer huge potential returns. There are great opportunities out there," said Jeremy G. Driver, President and Chief Executive Officer of Duma Energy Corp.
Any such Proposed Acquisition will be subject to the execution of definitive acquisition documentation together with the satisfaction of certain conditions precedent which would be standard in acquisitions of this type.
About Duma Energy Corp.
Duma Energy Corp. is an aggressive growth company actively producing oil and gas in the continental United States, both on and offshore. Duma Energy will continue increasing revenue, cash flow, and reserves to fund its aggressive growth through acquisition and participation in projects with the potential of providing exponential returns for shareholders.
MTVO!!!!!!!!!!!!!!!!!!!!
strange but interesting post, but i dreamed idcn hit .0033 i think it was, then dipped, ready for another run.
Hey Gail, don't let the churning with IDCN get you down. We WILL BE very happy with it soon!!! IMO, wheels are in motion and news is on its way. This is reminding me so much of BEHL when I bought into that one at tz4 on a hunch because God was telling me to get in that one. Well, God has also been in my ear on this one. It is ghostly simular in my patterns! My sleep patterns that is.....with behl I woke up in the middle of the night and started searching for an algea oil company and stopped on behl. Well, a few weeks ago, I did the same thing and wound up on IDCN! I truely believe this is going to happen, I have FAITH! I don't want to get into that, but I DO BELIEVE! ;)
hey down, "s" sent me here to see your very sweet post. thx much, it will be fun to have you there. go idcn!
Passed it on. I'll remind you that you can post there during Happy Hour on Fridays as a freebie. I used to do that before I took a crowbar to my wallet.
Somatochlora, I didn't know you posted on Gail's board.....I like that board.....soon I will post on there also. Just as soon as IDCN takes off! :) Tell Gail for me that she has a lot of followers and that she will DEFINATELY be happy with IDCN!! ;)
Thanks
IDCN!!!! Going real bullish and lots of coverage! Get in while the price is cheap!
To the moon Alice....to the moon!
Looking good! I just got in also. Should bounce hard from here imo
RNWF is about to explode!
Nice gap up 16x18 Rats, didn't stay...for now.
What a day Downlow! RNWF looks to be poised for a major move next week! Happy New Year to you and yours!
*********NEW ALERT FOR END OF YEAR**********
RNWF
BREAKOUT VOLUME AND VERY THIN L2 CLOSING GREEN COULD MEAN AN EASY 6 BAGGER FOR RNWF!!!!!!!!!!
Welcome to the board, we will get things going after the first of the year. I hope everyone has a safe and happy Holiday season!!!
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