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Unfortunately
if you didn t sell today, your money is gone tomorrow
MK
SECURITY DELETIONS
Dl Date Symbol Company Name Effective Date/Comments
9/30/2009 BOGAQ Baseline Oil & Gas Corp. Common Stock 10/1/2009 Plan of Bankruptcy confirmed effective OCtober 1, 2009 **
http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=BOGAQ&OTCBB=OTCBB
Welcome!
hate it when anyone loses hard earned $$$
was just a heads up, when I saw you not posting
about it
MK
If you are in this
sell, it will stop trading tomorrow
all shares cxld
MK
All the common shares will be canceled at the end of today! Who are
those very stupid buyers (today and yesterday) anyway? It is zero!
Shares will be cxld tomorrow
you can sell now, tomorrow all your money is gone
http://www.otcbb.com/asp/dailylist_detail.asp?d=09/30/2009&mkt_ctg=OTCBB
MK
BOGAQ @ .0095!
;)
0
oh i hear you:0)
Hey!!! Reesie, read post #34 before you give valuewhatever the time of day.
All the common shares will be canceled within a month. Sell ASAP...
NEW BOGAQ news
By Rachel Feintzeig
Of DOW JONES DAILY BANKRUPTCY REVIEW
A judge approved Baseline Oil & Gas Corp.'s (BOGAQ) plan to repay creditors
and exit bankruptcy less than a month after the Houston company sought Chapter
11 protection.
According to court papers filed with the U.S. Bankruptcy Court in Houston,
100% of the company's noteholders, set to receive new subordinated secured
notes and new shares of junior preferred and common stock in the reorganized
Baseline, backed the plan. Four of the noteholders also agreed to fund a $5
million bankruptcy-exit loan.
The company entered Chapter 11 on Aug. 28 with its plan in hand and 87% of
the noteholders on board with the reorganization proposal. That group included
hedge-fund manager Third Point LLC, Baseline's majority owner and holder of
$19.29 million in notes.
Other noteholders committed to funding the loan now include Jefferies & Co.
and Jefferies High Yield Trading LLC. They will receive senior secured notes
and shares of senior preferred stock in addition to the subordinated notes and
junior and common stock.
In the days leading up to its Friday confirmation hearing, Baseline had
stressed that its plan provided a "high likelihood of success" for a company
weighed down by debt. It said its new capital structure - especially its use of
payment-in-kind notes and stock - would help to ward off the possibility of a
repeat reorganization or liquidation.
Still, it cautioned that its new business plan would only prove effective "so
long as commodity prices continue to fluctuate within foreseeable bounds."
Last year's decrease in oil and gas prices had helped to push Baseline into
bankruptcy protection, the company said in its initial court filings. Declining
production at its natural-gas and crude-oil properties - located in Texas and
Indiana - further worsened Baseline's liquidity problem, as did its inability
to obtain credit to pay off obligations on its notes.
Baseline reported $48.5 million in assets and $138.9 million in liabilities
upon entering Chapter 11. It intends to pay its other creditors - including
unsecured creditors owed $937,000 - in full. All existing equity is to be
canceled.
(Dow Jones Daily Bankruptcy Review covers news about distressed companies and
those under bankruptcy protection.)
-By Rachel Feintzeig, Dow Jones Daily Bankruptcy Review; 267-639-6000;
rachel.feintzeig@dowjones.com
never got the fill...cancelled after waitin bought
cbai and idarq
BOGAQ was .22 cents this year!
Nice to see you here Kittycatt!!
I missed the action here today!
;)
GLTU
ur funny, have an buy for .004
interesting, no reason for this I can find
BOGAQ @ .006!
;)
0.003 x 0.0036. The new 52-week low 0.003 was created today! Sell at the bid ASAP before another new low 0.002 or even 0.001 is hit!
0.0031 x 0.0036 now. It seems the new low 0.003 or even 0.002 may
be hit today. Sell at the bid ASAP before it is too late...
0.003 x 0.004. Another new low 0.002 will be hit today. Sell ASAP!
New 52-week low 0.0031 was created today! Sell at bid ASAP because
more new lows will kick in until the CH11 pos scam hits 0.001...
Dutton is the only one covering this stock.... looks like dilution is coming. IMO.
http://www.baselineoil.com/
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
DATE
• Wednesday, July 9, 2008, at 10:00 a.m. Central Time
PLACE
• 411 North Sam Houston Parkway East, 4th floor, Houston,
Texas 77060
PURPOSES
• To elect our Directors;
•
To increase the number of shares of common stock that we are presently authorized to issue from 140,000,000 to 300,000,000;
•
To amend our Articles of Incorporation, providing for an increase to the number of shares of common stock that we are presently authorized to issue from 140,000,000 to 300,000,000; and
•
To transact any other business that properly comes before the meeting or any adjournment of the meeting.
RECORD DATE
• You can vote if you were a stockholder of record
at the close of business on June 2, 2008.
By order of the Board of Directors,
Patrick H. McGarey
Secretary
June , 2008
Houston, Texas
http://www.sec.gov/Archives/edgar/data/1291983/000119312508124468/dprer14a.htm
Dutton Associates Announces Investment Opinion: Baseline Oil & Gas Strong Speculative Buy Rating In Update Coverage By Dutton Associates
Friday May 30, 11:45 am ET
ROSEVILLE, Calif.--(BUSINESS WIRE)--Dutton Associates continues its coverage of Baseline Oil & Gas (OTCBB:BOGA - News) maintaining a Strong Speculative Buy rating and a $1.35 price target. The 7-page report by Dutton senior analyst Richard Wolfe, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg Professional, JCF Group, Zacks, Reuters, Knobias, and other leading financial portals.
Baseline is a U.S. oil and gas e&p company, operated since 2005 by a management team with several decades of successful experience. Baseline presently has proved producing properties in Texas and prospective acreage in Indiana. In Texas, the producing properties are composed of the Blessing Field in Matagorda County and the Eliasville Field in Stephens County, and in Indiana acreage containing shale-gas prospects associated with the Illinois Basin New Albany Shale formation. The recently acquired Blessing Field is a 100% working interest in approximately 2,400 Frio trend acres with 13 producing wells with the potential for approximately 38 wells. In the Eliasville Field, a waterflood operation where Baseline also has a 100% working interest, a workover/recompletion and infill drilling program is planned that has the potential to nearly double production by 2010. In the New Albany Shale, we anticipate the Company’s first reserves to be booked at the end of the CY2008. In a December 2007 reserve study, independent petroleum engineers put Baseline’s total proved reserves at approximately 6.2 million barrels of oil and 32.3 billion cubic feet of natural gas (69.7 billion cubic feet equivalent of natural gas, a 54:46 breakout between oil and gas). Our rating is based on solid prospects for further development of low-risk assets in the Blessing Field and the Eliasville Field, and a continued expectation of significant development of the New Albany Shale acreage.
About Dutton Associates
Dutton Associates is one of the largest independent investment research firms in the U.S. Its 30 senior analysts are primarily CFAs, and have expertise in many industries. Dutton & Associates provides continuing analyst coverage of over 140 enrolled companies, and its research, estimates, and ratings are carried in all the major databases serving institutions and online investors.
The cost of enrollment in our one-year continuing research program is US $35,000 prepaid for 4 Research Reports, typically published quarterly, and requisite Research Notes. Dutton Associates received $28,000 from the Company for 4 Research Reports with coverage commencing on 10/23/2006. We do not accept payment of our fees in company stock. Our principals and analysts are prohibited from owning or trading in securities of covered companies. The views expressed in this research report accurately reflect the analyst's personal views about the subject securities or issuer. Neither the analyst's compensation nor the compensation received by us is in any way related to the specific ratings or views contained in this research report or note. Please read full disclosures and analyst background at www.jmdutton.com before investing.
Contact:
Dutton Associates
John Dutton 916/960-0623
yeah right, this co is a POS
BOGA moving big ,up all week, something is up, was at 3.00 last year, going back
gonna crank up the pr campaigns real soon,good time to buy boga before the herd comes in which it will
Im waiting for some more funds to settle to load up some more, great company!
thanks bud. BOGA, we are in accumulation time
Dang, thats good stuff. Thanks
hinch, i may not be too much help for a few days, i broke my back and will be pretty busy with doctors and i'll be pretty messed up on pain pills, sorry, should be ready to go again in a week or so.
DDareDDevil
DDare To Tell The Truth!
good job thanks
I made some updates to the Ibox, see if you like it,,,
DDareDDevil
DDare To Tell The Truth!
Just curious guys, any one you have any good real DD on this company. Reading the through all the info and 10ksb it seems like they really don't got much going unless they have any luck With the "We believe the Stephens County Transaction provides immediate development opportunities. There are 21 idle wells which are workover candidates as future Caddo oil producers and there is significant infill drilling potential on the acreage. We anticipate developing the 21 workovers and initially drilling five wells in this area during 2007."
Because of the blasting activity in the Barnet Shale formation, there is currently a waiting period for over 18 months for a drilling rig. Does anyone know if they have signed contract for a rig?? Could not fin that anywhere.
Thanks guys
MMs out of shares. BOGA is going to explode!
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