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I watched a film on Comcast, on demand, last night called " Crude Impact" This film will really open your eyes to the energy problem we are now in. Hemi is in the right business at the right time .
Just stopped by to read a few posts. Was hoping some people might make some of their money back but it doesn't look too good. All is pretty much what I expected, a real shame for all of us. GLTA
Yes, the rain is causeing problems for ALRY. Hemi Energy is also having the same problems. Lets hope it stops soon.
If the weather in Kanas would have been better this Spring Hemi would have been much farther along in their drilling and production of oil . People can say what they want but this is the big problem. The rains continue and until it stops things are going to be slow. No one can blame Hemi, they are doing all they can at this time.
Good post Kels, says it all, Hemi is on track to have a nice summer. Investors need to give this time to play out. I expect to be at .40 pps by Oct or higher with a buyout. By the way, I have more faith in Hemi than any stock that I own, nice sermon.
I AGREE.
Barring any unusual weather conditions like those from 2007 during the balance of 2008, we should continue to improve on our production figures quarter by quarter," Allenergy's CEO concluded.
Imo they will.
Fidelity trades it with no problem.
Sounds as if all is well with Hemi, thanks again Kels, Reading the pr today it appears the o/s remains unchanged, great news.
Joe, got my bags packed and ready for take-off.lol
When your feeling comfortable with your stock, it doesn't matter if the share price is up or down ,you know your in the right stock. Anyone that has done their DD on HEMI knows this is the play to be in.
It is hard to understand why a person with no vested interest in a stock would spend so mush time on this board bashing the stock. Everything I've been reading on this Joe guy tells me he has a big ego problem. You find people like him on most boards and I already skip over his posts, he has nothing worthwhile to say.
The area of the Collins lease well received additional heavy rain over the holiday weekend, further delaying completion of the fracting techniques. The barrel count per day results from this oil well will not be released till next week because of proprietary consideration in regard to additional potential leasing.
Moneymogul2b, When I read that part of the pr my thoughts were that just maybe they found the well to produce so well that KA wanted to buy up more leases in that area. imo. Then when I heard the o/s went up it kind of made sense that maybe the increase was used to buy the leases. When you hit good oil in an area it only makes common sense to buy-up the land around you.
I liked the news we recieved today and think the increased production for the last month of the quarter is very good. The second quarter numbers at just 4000 barrels a month should send the pps much higher.ALRY IS LOOKING VERY GOOD FOR THE REST OF THE YEAR.
Most here are waiting on the answers that you are asking, nobody knows and CEO not talking. So either get some answers for yourself or wait for a pr to come out.
Kels, thanks for confirming that my investment is secure and operations in Kasas are running like a finely tuned engine. Again, thanks for all you have done.
Pizza, are you buying?
I do believe when the reserves report comes out Hemi will be leaving this pps for much higher numbers. imo
Really hard to understand why anyone would be selling HMGP at this pps. Haven't sold a share and don't intend to. Hemi has a lot of info that will be coming out soon and I intend to be around when it does. I consider Hemi to be the best stock that I am in and not worried about the present pps.imo
Zgug as usual a very good summation as to what is occuring at the present with Hemi. The big picture is becoming clearer and Hemi is definitly moving forward at a good pace.
That was a very good pr indeed and it proves to me that Kieth knows what our concerns are regarding the Hemi business plan, I honestly believe that anyone holding HMGP shares at the present time would be a fool to unload their shares at this pps.
Your opinion goes a long ways to attract investors
Posted by: STRONGUS
In reply to: None Date:4/23/2008 8:04:14 AM
Post #of 35395
Hemi puts out some great news and naysayers are working over time to create negativity. The company did the right thing by updating shareholders about what is going on. This is the reason why I think the 'buy out' is the best option. It will shut their mouths forever and send shorts to slaughterhouse
Hemi's next two wells sound as if they could add a great deal of oil to their production
Hemi's next two wells, to be drilled near term, are in the Cherry Creek Trend in Woodson County, Kansas. The Weseloh and Driskell virgin leases are in the above Trend and within a 4 mile radius of our 5 producing leases. The Trend area has had more than 25 intent to drill permits filed by other companies, some of which have already become new oil wells on virgin leases, and is a large increase since the latter part of 2007. We have gained confidential new knowledge about several wells production and the large increase in intent to drill permits reflects others have also learned about the oil values in this trend. Our next two new wells will be drilled in close proximity to some of these excellent producing wells of other oil companies
If there are some who question my motives it is easy to go to my profile and read my other posts. Just an old retired coal miner who plays in the pennys and is most positive on most all boards where I have an investment.. Trying to find out if a stock is worth investing in is what its all about.I have lost more money than I have made and it was always due to misinformation coming from the CEO. You must learn fast here in the pennys or you will become broke very quickly. In my relatively short time investing in pennys again I will state that CEOs either make or break the stock, Is there an honest CEO around here, I am thinking that there is but there is more important info that needs to come out.
I'm not going to point fingers at who I think is a paid pumper or basher( and I know they exist). I bought at this pps because the prs tell me this should be higher if the prs are honestly decribing the situation as it really is, that is why I'll hang around for awhile and see what transpires.Yes, I do have to wander why a poster would question my motives to find out more transparency on a stock that needs some very important questions to be answered before I put more of my hard earned into this.
Bid .075-- Ask .15 Rather large spread isn't it??
There was a time when I might have agreed with you, however we are dealing with PINK STOCKS here and I have learned that the company is only as good as the honesty of the CEO. Believe me they can and will tell you anything to sell shares. I don't think that is the case here, but before I buy more shares I will need more transparency.
There are some transparency questions that need to answered, when they are we will go up.
Pizza, I believe most of the people here understand your position in all of this, you have let all know where you stand, now you can keep posting over and over that you are looking for more transparency on ALRY or you can do what you said that you were going to do ,start looking into ALRY and report back to the board your findings. People are not going to believe anything you have to say without some facts to back you up, you have learned a great deal about O&G AND WHAT TO LOOK OUT FOR. I am returning to work for the summer, so will not be posting much. Will be reading the board from time to time to see what you have come up with. All the yelling in the world will do no good, facts are what we need, happy hunting and good luck to you..Sneaky
Anybody remember when this happened when we were at .80 and it dropped to I think .56? Picked up a few stop losses that time. Volume for the day is not that high.
Yes we are in agreement, sounds like a buying opportunity for those that are not in the stock yet.
I think it is obvious why the pps drop, there were a few that bought hopeing for a buy-out pr. Just flippers looking for fast money, Most here know the importance of the pr that we got.Most of the shares are now in strong hands imo. Nothing has changed, still looking for production report on Collins well and updated report on reserves.
If I thought ALRY was another RGNO I would not have bought shares. One more comment on Pizza and I'll drop the subjust. First, we have been telling him to drop the caps for a long time.lol Second, he has taken a huge lose himself and the friends that he talked into buying the stock, which most of us know you never want to do. Third, he really does make pizzas. lol He is a nice guy that has been visited at his pizza house by a lot of different posters, so he is for real. The most important point I want to stress is that he did go to Texas and visit with RGNO management and reported back to the board that they were the real deal. He feels bad about this because he didn't know what to look for, what questions to ask. So, if you are going to visit ALRY , you better ask the right questions and don't bring anything back to the board unless your sure of your findings, because if your wrong we all lose.
I would say that it was about a year before the door slamed shut, these guys were ruthless, lied in every pr that they put out, made up stories on everything. Getting info became imposable, and in the end they just walked away, not even a pr to explain anything. Sad really sad. Pizza knows what he is talking about if you can understand his lingo. In the pinks it can happen and not much you can do about it unless the SEC decides to go after them. They sold the shell to amgg but we are finding out they are just another scam trying to sell shares. All I can say is look before you leap because those kind of companies are out there in pinkyland.
Ninja your last few posts are getting me excited again, I see some good days ahead.
Low volume today, understandable, people are waiting on the pr.
After reading this pr I thought growth this year would increase nicely.
Allenergy Inc. Drills Four New Wells in 2008
INDEPENDENCE, Kan., Feb 28, 2008 /PRNewswire-FirstCall via COMTEX/ -- Allenergy, Inc. (OTC: ALRY), with a 17-year history in the oil and gas industry and current involvement in the multi-billion dollar natural gas fields in Kansas and Oklahoma, today announced that the Company has drilled its fourth new well since January 1, 2008.
Fields #1 has been drilled and 4-1/2 casing cemented top to bottom. The open hole logs indicate three CBM {Coal Bed Methane} formations. The Mulky, Ironpost and the Croweberg zones have been identified to be the main targets for completion with excellent paying quantities. The Fields #1 was a wildcat discovery well for the CBM zones which have not been established in this region of Chautauqua County, Kansas. "We are extremely pleased with these results proving that our geological studies can prove out this 300 acre Fields lease," said Larry Sanford CEO.
Allenergy also announces a preliminary production report on the Ball lease atop the Longton Anticline in Chautauqua County. Wells GB-15, 17, 18 and 21 have been completed and are on line. "With all four wells pumping into the same tank battery, it is difficult to determine the individual output from each well, but we can assume through the visual oil cut that most of the 30 BOPD is from our discovery well GB-15. After weeks of encountering the virgin down hole pressure to efficiently produce oil and maintain, the gas drive has been achieved. We anticipate wells GB-17, 18, and 21 will eventually accomplish these same results," Mr. Sanford said.
"The wells previously mentioned pale in comparison to the electric logs recorded in GB-19. Rex Horning Well Service has scheduled to install the production string and put this well on pump by early March. The Company strongly believes that this well is in the center of the channel in the Redd Sand formation or possibly in the southwest portion. We will prove this by drilling well #20 which has been staked and authorized by the Kansas Corporation Commission to be drilled," Allenergy's CEO said.
"The Company is reluctant to conclusively report the natural gas production from these wells as it has fluctuated from 210 mcfd to 30 mcfd during the process of maximizing oil production and maintaining the gas drive. We feel confident in realizing an 85 mcfd to 110 mcfd," Mr. Sanford said.
"Our newly discovered oil and gas field has been a slow and meticulous process but has added an additional 900 BOPM, not including natural gas production to the reported 2000 BOPM. As the remaining wells follow the same process as GB-15 the Company will update these figures along with the production numbers from GB-19 and the Shallow test well Ball#1. We are convinced that we will surpass the first quarter goals," Allenergy's CEO said.
About Allenergy: Allenergy, Inc. (OTC: ALRY) is strategically focused on areas of Kansas and Oklahoma believed to contain more than 1.5 trillion cubic feet of natural gas and helium at shallow depths. The Company currently holds approximately 7,000 acres of leased land with more than 150 oil and gas wells on its producing properties.
I see the MMs brought us back down to 1.25 today, it looks like a short covering and if you look at the chart at 1.21and 1.25 there was a nice jump up the next day.
Sorry Pizza can't answer all your questions, like most pink stocks not enough transparity here. I know that there are people here that have visited ALRY and liked what they saw.ALRY has had some of the same problems as HMGP, they have drilled alot of new wells lately and liked the results. I liked the last pr and decided to buy a small amount of shares to keep my interests up and follow it for awhile. Go to their web site for more info. http://allenergyinc.com/. I really don't think ALRY is a scam like RGNO. There are a lot of good posters here that believe that ALRY is a good investment but we both know that without all the facts this is just another form of gambling. GLTY
If you go and visit the company, talk with people in the area that deal with them on a daily basis, this will tell you alot. Also ask them if the CEO is honest in his dealings with them. Would like to come along but can't get away.