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Dave
I can not believe you could do something like this to a poster in good standing. My goodness. And I do want an apology.
Dave
Go to my alais and check my last seven posts, and then give me an apology son. You should be looking for another job. eom
OK Dave
Now here this. Not one of those posts are mine. Where in the world did you come up with that stuff. Check it out, Provident Energy I never heard of. You mean to tell me that I have been banned because you got the wrong person. You had better get your stuff together. Check it out. What in the world have you been doing?
Dave
I'm still waiting. Which posts fit your definition of stalking?
Dave waiting
I copied all my old posts and your post and will have them checked to see if anyone could consider your claim valid.
Dave
What in the world does that mean? You have got to be kidding. Enlighten me please.
Well I've been in the
jailhouse for a year now, and why. Because I suggested that something was not right a stock being hyped on ihub. Well guess what? All the ones that put me here ran for the hills trying not to get caught. I'm still here and all the crooks are hiding. That's justice and freedom of speech for you. You have just got to wonder who all was in on the dealings. I guess when the officials get the facts from us the truth will come out. Only in America.
I think everyone should call and thank them for restricting undesirable stocks and protecting the investors. jmho
When are you folks going to realize this is nothing more than a very bad joke? eom
Have they had a pr in the last 2 years? There were a few in 06 and several in 05 when this was pumped, but when was the last legit pr from the company?
I repeat what is there to keep this up. Any beginner can see this for what it is.
Give me one reason why this should be higher than five cents. No production to speak of for years durring the biggest oil boom for decades. Promises of oil and gas from reworked wells that have never materalized. There is no reason for anyone to throw away money just so those who have lost here can save a little face. eom
Do you think that past performance or lack thereof could by the reason no one would dare to pay for this? Come on folks be realistic. There are small startup companies doing great for a couple of years now with a lot less capital than aenp has and here this thing sits month after month and all you folks have to do is say it got to get better. No reality just a lack of common sense.
Doc
I'm proud of you. You are man enough to call a spade a spade.
Did you guys ever think
That with all the questions and all the crap you go through everyday wondering about production, and if there is going on that all you have to do is call the county court house and give the legal description to find the mineral owners of the well. Then just call them and ask them if they have a producing well and nine times out of ten they will tell you what and how much it is putting out. There is so much ignorance about this industry presented here that I wonder if some of you are in an institution. All those trips to Mineral Wells and not one of you had the know how to find out actual production numbers. It is not hard to find out unless you have no idea what you are doing and what you are investing in. This is not an industry to poor your hard earned dollars in on a whim. Good grief. I made too trips and one was just to find the mineral owners. The rest went down there to listen to C.B. I never met the man period. I didn't want to I wanted facts. eom
tharmon
2002 we went 33 days without electricity. Makes you appreciate what you have.
RJ
Are you aware that those leases are on one of the most productive areas of the Barnett Shale, and close to a hundred miles from Mineral Wells. Are you also aware of the fact that the Barnett Shale covers millions of acres and the majority of those acres will never be productive enough to ever drill on. You city slickers in your swivel chairs just drive me up a wall. eom
Well here comes another Mineral Wells report.
Things are looking up and production will begin soon, Bla,Bla,Bla.
I'm gone for now. It is obvious that this is dead, the longs have more or less quit pumping even on this board. The longs that lost so much over the past 3 years are gone and resigned to the fact that it was a flash in the pan. They will get over it, and as far as new investors no one would consider touching it. If you're still in this and are honest about it you have my sympthy. eom
That's exciting. eom
ctb
Wake up man. All you have to do is check the sales. I'm not looking at it right now but if I remember there were around 13,000 traded at .24 Use your brain.
A majority of the shares traded today were at .24. Keeps going down with no end in sight.
Don't worry
For anyone actually in the know, it confirms a lack of competance on the part of management and a red flag for all. Thanks for the update.
Ask is going down. That is never good.
So is the truth that hard a pill to swallow.
What some of you have not caught on to is the fact that this has gone past the point that anyone would consider it a legit investment. At some point it happens to all stocks like this one. The only ones trading this now are the sharks, and those who are hoping to get out. That is a hard pill to swallow if you are one of those who were so greedy they simply bought in too deep to get out. Sorry Charlie
So my question is
shouldn't an oil and gas company sell a little oil and gas? Or at least make you think they are. If you go to the Texas Railroad Commission you can barely find enough to pay a few expenses let alone float a company with investors. One year maybe, two years maybe, but this is going on what five years and nothing for the investors. In fact many here are wondering if they are doing anything at all. Great Company.
I think the problem is
those have not been the only board members to resign after short tenures. eom
contractor
You are so transparant. You forgot to post the fact that they also had a loss of almost one half million dollars. What other little things might you happen to leave out on this so called company?
You Think
Not gloating
Just predicting with a sense of caution for those who care.
Actually I think
CB is going to try to keep as little expenses on the books as he can, and ride this as long as he can carring low debt and sell just enough to cover immediate expenses of wages ect. If this then folds the family will be first in line to divide up whats owed them leaving the stock holders with only paper. The rigs end up in Bitters hands as well as the leases, anyone else is out in the cold.
I sold out over a year ago.
I'm just curious how long it will take this to fold, and how CB is going play it. It will make good entertainment.
Let's see
I have my own oil and gas wells, I have several friends that are independent oil and gas operators, I have seen the small ones that have made it and have gone under. I grew up listening to compressors running day and night. You probably don't know what dd in the oil industry involves. It is not prs, I talked to, and many times ledgers are of no help. Sorry Charlie You Sir and many others have much to learn. And to tell you the truth I am hanging around to see the reaction when reality hits this thing. It's better than prime time TV. eom
ctb
Is reality that hard to swallow?
ctb
You just don't get it. The assets they have are not worth enough to keep a family mon and pop company going. They can't get this thing going because it just did not pan out the way they thought it would. Mediocre wells are just that. It just doesn't pay to keep drilling on sites that don't produce. Man I have mediocre wells that this board would die for. They pay some, but believe me they are nothing to get excited about, and there are open sections right next to them that no one is interested in. You guys don't get it you have no idea what it takes to make a legit producing company, and if the company says they smell oil or gas you get excited. You're in the dark my friend and don't even know it.
Enova
What a joke. Could someone put it out of its misery?
Sure
What have you said that has any validity? Where's your check? Do you posters listen to yourselves. This comes from investors. Do we have any producing well? Is there any production? How can we drill without capital? Someone needs to go to Mineral Wells and take a camera. I talked to C.B. and he is still upbeat. Is there ever going to be a pr? Where are the numbers?
And that's the positive posts. This think stinks to high heaven. Anyone who actually thinks CB knows what he is doing has no idea about aenp. What I'm saying is CB would be hard pressed to get oil out of an oil can. eom
I might say however there are some strange things that happen, and you never know who owns the lease or has bought into the well. For example I leased one place to a company called Zepher who went into the drilling of the well with a company call Continental Oil and Gas compny who was working with Chesapeake. Anyway as it turns out the checks are cut by Chesapeake. Go Figure.
Well let me tell you how they do it in the big time.
Since a section of land can be divided up by several owners, and each mineral owner in a section may have a contract with a company from 10 to 640 acres it is up to the oil company holding the lease to disperse the checks. The company purchasing the gas from an oil company have no idea how many mineral owners their are or what percentage of the well they own. You might be dealing with a mom and pop deal like anep, but with Chesapeake, XOM, Devon, and others that's the way it is. The purchaser pays the oil and gas company who pays the well head tax and then cuts the checks for the mineral owners. My checks are automatic deductions each month and I am e-mailed the monthly well production. If it were done your way I would be getting paid by OG@E of Oklahoma. Doesn't work that way. I know some sections that have as many as 30 or more mineral owners. eom
Boy howdy enova is realing today, folks are trying to figure how to get out of it.
The company that holds the lease pays the royalty. eom