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Nite is still tryin to hold this down
Important Notice Regarding the Availability of Proxy Materials
for the Shareholder Meeting
2009 OCEANFREIGHT INC. Annual Meeting of Stockholders
MEETING DATE: June 25, 2009
For Holders as of: May 14, 2009
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Ya I got something from Scottrade on voting, I havent followed it up.
Next week we should here production news from the new wells, she's going to jump up again.
I havent herd anything.
Good pop so far this morning! Gald I averaged down alittle yesterday!
$25k-$30k per day on full production @ $70 per barrel.
Within 6 months this will be a 2 bagger at least.
Cool!
WOW, some premarket sales.
30 day/60 min chart says .38 is support here
Its been profit taking on stop losses i bet
I'm holding long, picked up more @ .42
Ya its going to be big bucks when they go full production
Ya Baby, I'm on it! Look out for the next PR!
Oil still on the rise, better fill up your car today.
I guess everyone here lives in Brazil, its a Holiday there!
ask still at .12/bid .085
you got them @ 10;49:21
$1.105 now on the bid! going to be a mill. trade day
10 day daily chart looks like .42 support/.48 resistance, sure we're going to get another leg up by close tomorrow
No trades yet??? SLEEPY
expantion = exposure = profit! the name of the game.
Crude holding @ $71.75 this morning, I'm picking up more at the bell with this pullback, PPs is going to take off North with the updated news Flash.
American Petro-Hunter’s Near-term Catalysts Look Promising
By Justin • on June 10, 2009
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American Petro-Hunter (AAPH) may not be as well known as companies like Exxon Mobile Corporation (XOM) or Chevron Corporation (CVX), but this development-stage company has several promising near-term projects that make it worth a closer look.
American Petro-Hunter (AAPH.OB: 0.43 +1.18%), a development-stage oil and gas exploration and production company, is one stock that speculative investors may want to watch. The company’s 25% working interest in a California natural gas project and 25% working interest in a Kansas-based oil drilling project represent substantial opportunity for investors.
American Petro-Hunter’s primary natural gas project, located in the Central Valley of California, already has a seismic shoot in the final planning stages with the well to be spud next month. The company believes that the project, if commercially viable, may represent a venture with an in-situ value of greater than $20 million in contained gas to its working interest.
The natural gas project’s proximity to prolific gas fields like Union Island (271 BCF), McMullin Ranch (63 BCF) and Vernalis (103 BCF) suggest that it could exhibit long life and stable rates of production and decline. If the sands are 100% gas filled and the well is commercially viable, the first well has a projected initial production rate of 5,000 Mcf/day.
In May 2009, American Petro-Hunter also acquired a 25% working interest in the Poston Prospect, located in Trego County Kansas. The 750 acre block contains a potential multi-well program with the first location to be drilled named the #1 Lutters Well. If a successful oil well is established, the company could receive an 81.5% NRI.
The company anticipates that commercial production at the #1 Lutters Well will begin on June 15th. Engineering estimates of the potential production from the indicated pay zone is between 35 and 100 barrels per day from a successful well. Meanwhile, full development of the field could produce up to 400 BOPD of light oil, generating substantial profits for shareholders.
Overall, American Petro-Hunter seeks projects with very short pay out periods for seismic drilling and pipeline tie-in costs, while selecting only the highest quality prospects. With its existing two properties in development, the company believes it may be able to create a positive cash flow as soon as the third quarter of this year.
In the end, American Petro-Hunter is a shareholder-friendly oil and gas exploration company with strong prospects materializing in the near future. The company’s limited cash burn and strong near-term projects make this a substantial opportunity for high-risk/high-reward investors looking to get in ahead of any hard results that could move shares very quickly.
tHANKS sps
WHAT EVER HAPPEND TO THE 2 DUMP TRUCKS WE BOUGHT LAST YEAR?
iF THEY CAN PUMP THE 400 BARRELS EVERY MONTH THATS $28000 P/M @ $70 P/BARREL @ TODAYS PRICES, NOT BAD FOR STARTING UP
I'M LOVING IT!
Support to .50 will be here next week when they announce DRILLING IS UNDER WAY!
156k of accumulation in the last 48hrs & on the rise
Crude @ 70.68 now, Dow going sideways, I need some more of this, Have to wait 3 days with Scottrade.
With the RSI @ 50.5% we're going to take the next leg up here shortly
Coming back up on the 7 day 50 & 200 MA, good support.
Did Petty make it to the mines yet or did he have to stop, dump 50000 shares to buy some hay for his JACKASS!
Glad I got on that train @ .82
Crammer trashes DRYS & we loose ground.
Great proven support here now, North is the only way we're going, next PR will be the ground shaker.
Nice slow & steady ride NORTH.