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UMF Group Inc. (UMFG)

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Last Post: 6/23/2017 9:52:15 AM - Followers: 35 - Board type: Free - Posts Today: 0

ACDP MEGA DD












About American Community Development, Inc.
 
An emerging junior onshore oil and gas exploration, development, and production company financially well connected, coupled with strong management and technical teams dedicated to creating shareholder value by focusing on exploiting oil and gas reserves in North America, with initial focus in the USA.

The growth strategy includes: grass roots land assembly, exploration, development, joint venture participations, as well as asset and corporate acquisitions.

American Community Development is trading on the US OTC Pink Sheet market under the symbol ACDP.

Management & Directors

Bruce A. Thomson, B.A.Sc.
President & CEO; Director

 

Over 30 years of entrepreneurial business experience in private and public companies, with expertise in management, marketing, and finance.

Bruce A. Thomson graduated from the University of British Columbia, Faculty of Applied Science, Electrical Engineering; and completed most of the required credits toward an MBA degree while studying engineering. He has over 30 years of entrepreneurial business experience in private and public companies, with expertise in management, marketing, and finance.
His past business activities include: technology, travel and tourism, real estate development, contracting, and securities. In 1985 he became a founding shareholder and director of the public company Hycroft Resources and Development Company; which became a successful gold mining company raising over $100,000,000 for plant construction financing resulting in the production of 100,000 ounces of gold per year for 12 years. In 1991 he entered the securities business as a licensed investment advisor engaged in venture capital financing and retail brokerage.
 In 2000 he left the brokerage business to consult in the area of marketing and venture capital finance; and to pursue his interest in technical trading. He has been intermittently involved in the oil and gas industry in various capacities since 1980, including: engineering evaluations for junior companies, syndications, and financings. He is currently President and CEO of a private oil and gas company.
 
 

Edwin Mah, B,Com., SMA, CMA
 Secretary, Director

 

Over 25 years experience in accounting and venture capital finance.

Edwin graduated from the University of Manitoba with a Bachelor of Commerce degree in 1984, became a member of the Society of Management Accountants of Manitoba in 1985, and a Certified Management Accountant in 1992.
His experience includes control and direction of financial and accounting functions in the areas of financial statement preparation and income tax returns for individuals and corporations. He has experience with the development and management of relationships and the co-ordination of foreign currency transactions with financial institutions. He has been the CFO of an oil and gas company since 2005.

Projects

Sofia Prospect

New Mexico (USA)
 
Summary
 

American Community Development has entered into a joint venture agreement (Farmin) to participate in the oil and gas exploration and development of approximately 35,000 acres of land in Union county New Mexico, USA; referred to as the Sofia Prospect. The company will have a 50% working interest in a proposed 6 well exploration program.
 


Description
 
Based on an independent engineering evaluation, the following has been reported:
 Six wells have been drilled and logged on the Sofia structure. Although none have produced, the well logs (see log diagram) coupled with 35-miles of seismic data (see seismic diagram) evidence the presence of oil and gas bearing sands, in a dome structure.
 The Bravo Dome field to the south (see map diagram) is very prolific and could be considered an analogue field.
 The exploration challenge is to drill at the highest elevation of the dome structure in order to exploit trapped oil and gas reserves. As a result of the log and seismic data, there is evidence of the existence of oil and gas bearing sands at the following intervals:
 
 
 •520 to 538 feet - see log diagram
 •2,948 to 2,965 feet - see log diagram
 •3,255 to 3,295 feet - see log diagram
 •3,700 plus - this deeper target has never been tested and the plan is to test for this zone down to 4,300 feet.
 
The engineer reports that if these sands are oil saturated the possible total estimated oil in place is estimated could be 407,000 000 barrels. Using a conservative 10% recovery factor, 41,000,000 barrels in place would be recoverable.

In addition to the possible oil reserves, the possibility of significant gas reserves in multiple zones also exists.

Strategy

In preparation for drilling, existing seismic will be reprocessed to include the deepest target and additional seismic will be shot to pin point the well locations in order to finalize the design of a six well exploration program. The geologic highes are illustrated in the seismic photo figure x and figure y shows the cross section structure with the existing wells. Based on exploration success, a development drilling program will follow.

Recent News

American Community Development, Inc. Begins Reviewing a Development Drilling Joint Venture Opportunity in an Existing Oil Pool Located in Ontario, Canada

Feb 15, 2012 1:33:00 PM

American Community Development, Inc. Announces the Cancellation of a Letter of Intent to Acquire Significant Oil and Gas Production and Reserves

Jan 24, 2012 9:15:00 AM

American Community Development, Inc. Announces the Execution of a Letter of Intent to Acquire Significant Oil and Gas Production and Reserves

Nov 30, 2011 10:13:00 AM

American Community Development Group President / CEO Interviewed and Featured by Stock Research Firm, Street-Stock
 
Company Evaluated as Undervalued Based on Its Unique Business Model, 2012 Earnings Guidance Along With a Very Low Public Float of Approximately 21 Million Shares at a Sub Penny Price per Share
 
Nov 30, 2011 8:58:00 AM

http://acdp-ir.com/investor-relations/

ACDP Security Details
Share Structure
Market Value1 $30,061,515 a/o Feb 15, 2012
Shares Outstanding 200,410,102 a/o Sep 30, 2011
Float 110,307,422 a/o Sep 30, 2011


Authorized Shares 3,000,000,000 a/o Sep 30, 2011
Par Value 0.001 


Shareholders
Shareholders of Record 237 a/o Sep 30, 2011


Contact us
 
Bruce A. Thomson, B.A.Sc.
 
President & CEO
 
American Community Development Inc.
 250 - 5135 Camino al Norte
 North Las Vegas NV 89031
 USA
 Phone: 702-605-0145
 Email: info@acdp-ir.com

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PostSubject
#2464   I am in on this stock ?????? K9 Kilo 06/23/17 09:52:15 AM
#2463   Another Canopiss stock. willlbone 06/22/17 10:38:55 AM
#2462   We Need More News For More Dilution!! Ask$lapper 06/16/17 03:06:27 PM
#2461   Lol!! Ask$lapper 06/07/17 08:43:08 PM
#2460   Let's go up! :-) Potomac 06/07/17 05:20:07 PM
#2459   Weird Trading MICA We Going Up Or Down Soon!! Ask$lapper 06/07/17 12:50:00 PM
#2458   More News New Corporate Website!! Ask$lapper 05/30/17 08:45:34 AM
#2457   https://finance.yahoo.com/news/umf-group-inc-corporate-123000920.html?.tsrc=appl GoBucks1 05/25/17 02:26:30 PM
#2456   https://finance.yahoo.com/news/umf-group-inc-corporate-123000920.html?.tsrc=appl GoBucks1 05/25/17 02:26:22 PM
#2455   https://finance.yahoo.com/news/umf-group-inc-corporate-123000920.html?.tsrc=appl GoBucks1 05/25/17 02:26:11 PM
#2454   News Lets Go!! Ask$lapper 05/23/17 09:19:33 AM
#2453   Easy!! Ask$lapper 05/19/17 10:25:08 AM
#2452   Ten bucks with some news? Potomac 05/19/17 10:23:01 AM
#2451   Looking Good!! Ask$lapper 05/18/17 08:20:29 PM
#2450   Some momentum here. Potomac 05/18/17 05:10:51 PM
#2449   Nice Bid!! Ask$lapper 05/15/17 10:30:20 AM
#2448   UMFG has a great website! It seems they Potomac 05/09/17 09:44:12 AM
#2447   ACDPD changed to UMFG: Renee 03/21/17 04:20:26 PM
#2446   The company announced they will have a new Potomac 03/06/17 04:11:06 PM
#2445   Trading again! First trade was a buy @ Potomac 02/28/17 03:08:00 PM
#2444   I had a stock do a 2000/1 r/s cnote420 02/25/17 10:51:41 PM
#2443   500/1 r/s ACDPD tomorrow back to .001 threewheeler 02/22/17 08:44:18 AM
#2442   ACDP: effective Feb. 23,2017 American Community Development Inc. Renee 02/22/17 08:06:47 AM
#2441   Getting Thinner!! Ask$lapper 02/21/17 11:13:32 AM
#2440   ACDP Tap. Potomac 02/21/17 10:51:35 AM
#2439   ACDP,loaded up and sitting tight. Potomac 02/16/17 03:01:58 PM
#2438   ACDP .04's Easy!! Ask$lapper 02/03/17 12:44:43 PM
#2437   ACDP .0099 bidder moving to .006 .04s coming here $treet Trader 02/03/17 12:42:59 PM
#2436   ACDP .0099 1 Left!! Ask$lapper 02/03/17 12:31:58 PM
#2435   ACDP .0099 falling multi pennies coming here $treet Trader 02/03/17 12:29:11 PM
#2434   ACDP Yeppers L2 Thin!! Ask$lapper 02/03/17 12:22:15 PM
#2433   ACDP .0053 x .0099 this is next MONSTER $treet Trader 02/03/17 12:21:21 PM
#2432   Agree Multi Pennies Here!! Ask$lapper 02/03/17 12:15:00 PM
#2431   I see .04 for starters with updates soon $treet Trader 02/03/17 12:13:20 PM
#2430   ACDP Yes Sir!! Ask$lapper 02/03/17 12:12:32 PM
#2429   Looking Good!! Ask$lapper 02/03/17 12:12:13 PM
#2428   ACDP .0099 is next MONSTER runner $treet Trader 02/03/17 12:08:48 PM
#2427   ACDP. Glad to be on board here! Potomac 02/03/17 12:07:44 PM
#2426   .0099 Hits!! Ask$lapper 02/03/17 12:04:09 PM
#2425   .01 Up Lets Go!! Ask$lapper 02/02/17 02:12:12 PM
#2424   ACDP Yes Sir!! Ask$lapper 01/30/17 09:15:52 AM
#2423   ACDP appears to be on a fast track! Potomac 01/30/17 09:10:41 AM
#2422   New Website Coming!! Ask$lapper 01/30/17 08:37:50 AM
#2421   $ACDP NOW PINK CURRENT. NOW 23 FILINGS OUT. tripil7z 01/28/17 10:58:14 PM
#2420   ACDP Multi Pennies!! Ask$lapper 01/25/17 03:42:10 PM
#2419   ACDP...pennies ahead! Potomac 01/25/17 03:40:40 PM
#2418   ACDP .008 Tap!! Ask$lapper 01/25/17 03:16:07 PM
#2417   Found some info. on listed officer Janice Shahsavar. Potomac 01/25/17 02:11:51 PM
#2416   ACDP looks ready to move! Potomac 01/25/17 01:45:56 PM
#2415   $ACDP ATTY letter out http://www.otcmarkets.com/financialReportViewer?symbol=ACD tripil7z 01/25/17 01:36:16 PM
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