Xfuels Inc (XFLS)

[bazzinga]

He's going to bring a big juicy RS!

[helpus]

still here see if new CEO can bring us back to life

[Farmboynate]

I think this debt
"Mr. McLaren then presented to the board a demand letter for his outstanding secured loan of $1,674,096.07 plus daily default interest.


The board appointed Mr. Iggulden to enter into a settlement agreement with Mr. McLaren and the motion was granted."

and "Mr. Iggulden motioned for permission to enter into an agreement with Cycle Energy Corp. a Texas corporation to assume the debts of Mammoth Corp. and Michael Brierley in exchange for the technologies developed by Cycle, Xfuels and McLaren and the motion was granted. "

and the order also called for all shares Mike issued to himself and his family etc to be canceled

[helpus]

which debt and shares being canceled are you referring to

[Farmboynate]

13K followers with the debt and shares being canceled should leave this open for a nice run if the new CEO isn't a dirt bag scammer

[helpus]

does anyone know anything about new ceo

[helpus]

well hope this ceo brigs us back to live

[Farmboynate]

PR out guess will see what this New CEO brings to the table hope its a RM with another oil company to send us to the moon but who knows https://www.otcmarkets.com/stock/XFLS/news/Xfuels-announces-Shareholder-update-on-February-Board-Meeting?id=392495

[MU_Redskin1]

Question is can Mike continue employment as an employee or paid consultant to keep everything moving until the two year suspension is over?

I don’t see him up and leaving after all the time and effort he has put into the company. Additionally I think Mike loaned the company money and has a note so I don’t think he lets the company go belly up.

We shall see ....

GLTA XFLS!

Cheers, Red

[Radar02]

What is next, Lawsuits?

[Clean]

https://www.asc.ca/-/media/ASC-Documents-part-1/Notices-Decisions-Orders-Rulings/Enforcement/2023/02/Xfuels-Inc-SAU-20230222-6075934.ashx

[Clean]

It's good to be wrong sometimes. Anyone having a link on ASC? The one I searched the ASC website and found is not working for me....

[MU_Redskin1]

Wow! Is Charlie running the operations or what’s left of them? They need to move the rest of the assets to Texas and get the heck out of Canada!

I wish we could get an update ... wtf happened to the biofuels operation? Hydrogen contraption, etc., etc.

It was only a matter of time until Mike screwed it up!

Who is going to complete the financials, file and update the profile with OTC Markets?

Are Mike’s shares cancelled and removed from the float or returned to the treasury?

So many questions ...

GLTA XFLS!

Cheers, Red

[Farmboynate]

Mike is gone he can no longer be a director or anything like that for 2 years and all the his shares are going bye bye as well as any shares issued to his family wonder if he'll stay on as blue hydro specialist like he should be

[Farmboynate]

If Mike ever gets his head outta his arse things could get hot here with what's going on in TX but Mike seams to be letting the crew do all the work and him sit on his lazy arse doing nothing it sure feels like it

just look at the post on Linkdin https://www.linkedin.com/company/cycle-oil-gas-inc/

[Monroe1]

takes lots of time to get a company on the right footing. as investors we are a real impatient lot. that said, most CEO's are poor at transparency and communication. those that are seem to do much better.

[Clean]

Yup. Thats pretty much my point. I really don't see him stepping down. Not gonna lie, it may be what's best for the company, but I just don't see it happening.

[Monroe1]

Who controls the company? Not retail shareholders that's for sure.

[Clean]

Let's be honest here... I keep seeing/hearing calls for Mike to step down. But, does anybody actually think he will?

[MU_Redskin1]

We need a businessman, not a half assed scientist who stayed at a Holdiay Inn Express and thinks he is a CEO who can provide management and leadership to this company. I'm still holding shares and the stock has now reached my original basis near .0022! Rode it to $.08 now I'm singing the Blues on Fat Tuesday!

Thank the Lord for J.M. or we would be totally screwed!

GLTA XFLS!

Cheers, Red

[Monroe1]

They sold their interest in Canada so they should have extra cash to develop the conversions technology and for operating expenses in stimulating the Texas wells.

Of course, we are dealing in the oil patch, one of the most highly backstabbing industries ever to come about. Fact, no opinion.

We need some shareholder update with meat on the bone.

[Farmboynate]

possible dunno I thought it was More stupid toxic debt convertion and them not caring about the Shareprice but then the O/S hasn't changed so maybe it is who knows Mike has turned in to a POS worst CEO ever should be thrown in a dark cell and the key thrown away... someone need to replace him and get things done besides the guy in TX that seams to be the only one doing anything for the Company...

[Monroe1]

So what's going on here? Normal shorting, Naked shorting or what?

[MU_Redskin1]

Did you go over and introduce yourself!? Git 'er done!

GLTA XFLS!

Cheers, Red

[Monroe1]

It's a big place! Quanah Parker territory. Fearing the Comanche Moon. Go Xfuels.

[TheGuy87]

Waggoner ranch is directly across the street from their burnett properties if you look at the maps..

ShaleXP.com

[Farmboynate]

yes after dumping OS didn't change yesterday... Outstanding Shares
527,235,222
02/08/2023
Restricted
124,947,000
02/08/2023
Unrestricted
402,288,222
02/08/2023

[Radar02]

Dilution!!! Dilution!!! Dilution!!! Whats next Reverse Split?
All in my Opinion.

[Monroe1]

We need to tie up all those strippers in Wichita County and head over to schmooze with the new owners of the Waggoner Ranch. Those shallow wells are easiest to maintain and get back into production.

https://www.forbes.com/sites/drillinginfo/2016/03/07/a-visual-look-at-oil-and-gas-on-waggoner-ranch/?sh=6976574e383c

As a footnote, I remember when Bucky Wharton inherited $12 Million while in Vietnam. A nice tidy little sum back then. Sister Rita was a real cutie too. I can still hear those night time Whip Poor Wills.

[MU_Redskin1]

Josh finished up January 2023 @ 620 barrels sold! An outstanding achievement given the meager resources provided to him by the parent company.

I hope Mike can get his act together and complete and file the financials to bring us back to pink current. Concurrently he should pack up shop and get the outfit moved out of Canada and down to Texas. We have enough work on our new Texas leases to engage our own equipment to work over and drill a few new wells and grow the company. imo.

Xfuels announces Cycle Oil & Gas Inc. hires Independent Geologist to begin developing drilling program for 2023

Electra, Texas, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Xfuels Inc. (OTC PINK: XFLS) is pleased to report that Cycle Oil & Gas Inc. has hired an Independent Geologist, David Felton, to begin developing a drilling program on its 174-acre Hodges lease.

The Hodges lease is located in Wichita County, Texas and sits atop the Mature K.M.A & Ellenberger reservoirs which have been drilled & produced since the 1930s. Through its Purchase of the Hodges lease in October 2022 from “Triple S Gas”, Cycle owns full depth rights through its existing lease. Management has been encouraged by multiple offset wells being drilled by neighboring operators in recent months and thought it necessary to seek additional council to evaluate its properties. In addition, Cycle has already scheduled workovers for the existing shallower wells on the lease and is aiming to have them back online by the end of December.

Mr. Felton is a seasoned Geologist and has been a member of the Association of Petroleum Geologists since 1978. During his career he has spent years as a well site geologist & well log analyst. He brings a wealth of knowledge and experience to Cycle Oil & Gas and will be influential on mapping & determining where Cycle drills their first well in Texas. In addition, Mr. Felton will also begin reviewing existing well logs under Cycles ownership to identify “behind pipe” opportunities on its other existing leases in the surrounding areas.

Cycle Oil & Gas, Texas currently owns & operates eight leases and is in the process of finalizing the transfer of an additional ten leases from its previous purchases. Cycle currently has an extensive catalog of more than 125 shallow vertical wells to workover and bring back online. The existing wells range in depth from 300 to 3800 feet. As of November 1st, Cycle Oil & Gas is averaging 11BPD.

I'm hoping we get a shareholder's update soon but I think we have bottomed and therefore it is time to begin nibbling on this stock as it turns into a nice little oil company!

GLTA XFLS!

Cheers, Red

[Clean]

Yea I'm liking the twitter updates!

doesn't seem to have any effect on the pps.

I'm beginning to wonder if the filings are ever going to be maintained.

Also beginning to think the only thing that will move this up is buying back convertible debt and SS reduction. With the way this is trading I think it would take both of these to create an effect.

Still like the updates, but would like more time spent on filings than twitter accounts.

[MU_Redskin1]

Xfuels sells interest in Cycle Oil & Gas Ltd.

Electra, Texas, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Xfuels Inc. (OTC PINK: XFLS) is pleased to report that it has sold its interest in Cycle Oil & Gas Ltd.(Alberta) for the sum of One Million Five hundred thousand ($C1,500,000) dollars. ($1,127,520.00 USD)

The sale comes as part of the company’s plan as it divests its interests in Alberta. Xfuels announced its plans in a press release dated October 26th, 2022, that it would divest from its interest in Cycle Oil & Gas Ltd. (Alberta). The purchaser, another small oil and gas producer in Alberta, will consolidate the assets as they plan to grow through strategic acquisition in the geographical area.

The deal is structured as a vendor finance over one and a half years with a $100,000 dollar deposit and 3 balloon payments every 6 months until June 25th, 2024. Management will work with the purchaser through the transition period to assure a smooth handover. Cycle Energy Services will be contracted, when possible, to help bring on more production through workovers and specialized projects.

About Xfuels Inc.

XFuels Inc. (OTC Pink: XFLS) is a diversified company and operates three vertically integrated businesses.

The keystone of the Xfuels enterprise is Cycle Oil and Gas. This wholly owned subsidiary focuses on acquiring and optimizing underdeveloped oil and gas assets. It employs both internally developed and third party-licensed technologies to increase production, optimize performance and reduce costs.

The second business unit is Cycle Energy Services. This wholly owned subsidiary supports Xfuels’ overall exploration and production efforts with "well services" and "end of life reclamation." Cycle Energy Services owns and operates a combination of customized wireline-service rigs and HydroVac units. This equipment allows for faster "rig in" and "rig out" times. Overall, Cycle Energy Services equipment and experience combination reduces the amount of time and fuel burned to complete an abandonment.

The third and final business unit is Cycle Energy Technologies. This wholly owned subsidiary provides both R&D and existing technology to enable increased production in the field. Xfuels flagship intellectual property is its mobile Gas To Liquid system. This is used to convert natural gas and other gaseous hydrocarbons into longer-chain hydrocarbons, such as gasoline or diesel fuel.

Our team in Texas just sold 600+ barrels of oil for the month of January 2023! With this sale of Canadian assets now the company can finish relocating to Texas and focus on drilling on our new leases!

https://twitter.com/CycleNRG

GLTA XFLS!

Cheers, Red

[MU_Redskin1]

Hydrogen & Fuel Cell Seminar-Tuesday, February 7, 2023-9:00 AM thru
Thursday, February 9, 2023-8:00 PM
Long Beach Convention Center
300 E. Ocean Blvd.Long Beach, California, 90802United States (map)

https://www.renewable-innovations.com/events/hydrogen-fuel-cell-seminar

The Hydrogen & Fuel Cell Seminar is the most established and dynamic hydrogen energy and fuel cell conference in the U.S., bringing together hundreds of U.S. and international fuel cell and hydrogen electrolyzer manufacturers, fuel providers, federal, state, and international policy makers, U.S. Department of Energy and National Laboratory researchers and administrators, supply chain and component companies, integrators, academics, investors, customers/end users, and other key stakeholders. – you and your organization need to be a part of it.

The Seminar combines high-level plenary and keynote talks, over 150+ technical poster and breakout sessions covering the top hydrogen and fuel cell applications and topic areas, a bustling Exhibit Hall with over 60 exhibitors, three networking receptions, a half-day U.S. Department of Energy workshop, and much more!

Cheers, Red

[Radar02]

Whats next Reverse Split?

[helpus]

same asshole every morning loves to drag us down

[MU_Redskin1]

New wells coming on weekly! Copper by New Year’s 2023?

GLTA XFLS!

Cheers, Red

[Johnstown]

XFLS I see .0038 hit today, OUCH, why all the dilution with such a great ticker, only 2 mil dumped again today, but hea, it's a great PIG isn't she, with a lying CEO

[MU_Redskin1]

Maybe Mike could capitalize on this funding with his blue hydrogen contraption?

https://www.hydrogen.energy.gov/pdfs/clean-hydrogen-strategy-roadmap.pdf

GLTA XFLS!

Cheers, Red

[MU_Redskin1]

Yes, looking good and that Josh Miller guy is a super star! He’s moving the needle for this company!

About Josh Miller OAG Consulting inc. – Operations Texas.
Josh has over 12 years of experience in oil & gas production, construction, maintenance, and environmental controls, having built a successful consulting career working with multiple large E&P’s in both the Bakken (ND) & Permian (TX) basins. His background includes extensive experience in facility construction, facility maintenance, emission, and regulatory implementation. Josh has a long history of field management & leadership experience and has been instrumental in getting Cycles operations started in the U.S.

GLTA XFLS!

Cheers, Red

[TheGuy87]

Electra, Texas, December 02, 2022 — McapMediaWire — Xfuels Inc. (OTC Pink: XFLS) is pleased to report that Cycle Oil & Gas began overseeing operations in their Wichita County field effectively on July 1st, 2022, through the purchase of leases & property from Triple “S” Gas & Ray Loveless Enterprises. Cycle Oil & Gas contracted OAG Consulting Inc. of Fort Wort, Texas to conduct due diligence prior to purchase & manage their Texas operations after the purchase and sale agreement was completed. When Cycle was handed operational duties, they were met with a variety of challenges from the distressed assets. Production across all 17 leases was ~7bpd with most of the wells labeled “inactive” or “shut-in” by the TXRRC’s standards.
Josh Miller (OAG) and the lease operators spent the months of July & August mitigating issues across the leases to increase runtime & reliability of their electrical infrastructure. Many of the properties had environmental concerns and time was spent on remediation to make sure the producing leases stayed within compliance with regulators at TXRRC. Cycle repaired multiple injection line leaks on their highest producing lease (Burnett) and weatherized electrical panels to allow for full capacity run time. Through these fixes, Cycle was able to increase production on this lease from 128bbls (4bpd) in August to 255bbls (8bpd) in September and have averaged 7.5bpd in the following months.
Cycle currently has workovers planned for 5 shallow wells on its Burnett Gulf lease in December. Cycle believes that these wells simply need pump changes, which are a quick and inexpensive fix that should yield an additional 8-10bpd in production. Cycle will continue working over wells on a lease-by-lease basis until all 17 leases are operational.
Cycle currently averages 12.5bpd as of Dec 1st, producing from 15 active wells. The company has continued to identify repairs that can increase production while being cost effective. Cycle also benefits from not having the added cost of hauling produced water off its leases for disposal and instead is able to inject produced water into their own injection wells. This allows for higher profit margins from production. To date; Cycle has increased monthly production from 231bbls per month in July & August, to an average of 345bbls per month since and is continuing to increase on a monthly basis. Cycle currently has over 125 shallow wells available to bring back into production through workovers and facility maintenance.
About Josh Miller OAG Consulting inc. – Operations Texas.
Josh has over 12 years of experience in oil & gas production, construction, maintenance, and environmental controls, having built a successful consulting career working with multiple large E&P’s in both the Bakken (ND) & Permian (TX) basins. His background includes extensive experience in facility construction, facility maintenance, emission, and regulatory implementation. Josh has a long history of field management & leadership experience and has been instrumental in getting Cycles operations started in the U.S.
About Xfuels Inc.
XFuels Inc. (OTC Pink: XFLS) is a diversified & licensed energy company based in the state of Texas. It operates three vertically integrated businesses.
The keystone of the Xfuels enterprise is Cycle Oil and Gas. This wholly owned subsidiary focuses on acquiring and optimizing underdeveloped oil and gas assets. It employs both internally developed and third party-licensed technologies to increase production, optimize performance and reduce costs.
The second business unit is Cycle Energy Services. This wholly owned subsidiary supports Xfuels’ overall exploration and production efforts with “well services” and “end of life reclamation.” Cycle Energy Services owns and operates a combination of customized wireline-service rigs and HydroVac units. This equipment allows for faster “rig in” and “rig out” times. Overall, Cycle Energy Services equipment and experience combination reduces the amount of time and fuel burned to complete an abandonment.
The third and final business unit is Cycle Energy Technologies. This wholly owned subsidiary provides both R&D and existing technology to enable increased production in the field. Xfuels flagship intellectual property is its mobile Gas To Liquid system. This is used to convert natural gas and other gaseous hydrocarbons into longer-chain hydrocarbons, such as gasoline or diesel fuel.
Safe Harbor Statement
This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “will,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. All statements other than statements of historical facts included in this news release regarding our strategies, prospects, financial condition, operations, costs, plans, and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other oil and gas companies; the effects of changes in the energy and financial markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
To learn more about Cycle Oil & Gas, please visit:
https://www.linkedin.com/company/cycle-oil-gas-inc/

[Monroe1]

Fundamentally this company is making the right moves. They are basically vertically integrated which will increase the profit margins over most competition and furthermore the nat gas to gasoline/diesel is winner in and of itself. On top of it all, they are a bit of a greenie when considering recycling and remediation....should be in good future standing with the Texas Railroad Commission and all those greenies in Austin.

Win win. I do believe now is the time to be buying as sales will continually go up from here.

[MU_Redskin1]

That’s great news for our American subsidiary. I wonder what Mike is doing up there in the great white north!? Be nice to get a corporate update before the end of the year!

GLTA XFLS!

Cheers, Red

[TheGuy87]

Cycle Oil & Gas successfully sold 3 loads (496 bbls) of Oil this month, up from the 342 bbls sold in October with an avg NRI of 77%.

The guys in Electra are continuing to work on finding wells that can be brought online & have scheduled 5 wells to be worked over in Dec.


https://twitter.com/cyclenrg/status/1598044990168772608?s=46&t=TeMI-JlEVWRXKK-ESK5wWw

[trader_vic88]

lol

[bazzinga]

Was there any dilution today? I didn't see your report. Thanks

[Johnstown]

XFLS .0055, lol only another 1,5 mil diluted again today on this PPOS ticker. MGMT are lying scum, who have been diluting for months, and doing absolutely no work, but the pumpers here will say no they aren't but when the co can't even keep its records updated, who you gonna believe. THE MGMT here are CROOKS

[Thehustle]

XFLS 0067 Right time and sector. Take a look below


Oil Stocks Are Showing A Peculiar Disconnect From Crude Prices

https://finance.yahoo.com/news/oil-stocks-showing-peculiar-disconnect-000000018.html

[MU_Redskin1]

Sounds like you bought at the top! BAG FULL?

GLTA XFLS!

Cheers,Red

[Johnstown]

XFLS .006 so how is this lying dilution pig scum mgmt treating you all lately, nice to see the liars in mgmt have continued to dump shares on all of you, someday you will learn they are just cons, running a share selling scam

[Clean]

Sigh....

Still no quarterly. Looks like yield sign soon.