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Pizza and I were in another O&G stock last year and Pizza did talk to the CEO often. The problem was the CEO never told the truth, we both lost big time, the company turned out to be a scam. (RGNO) I think that Pizza would rather get good DD from people that know the company well. I have bought into ALRY at around .04 and feel comfortable with my investment at this pps.
If you have been reading the other boards you will find that we are not under the radar. If we have a good pr this week hmgp will be going much higher.
At HMGP the share count would also not be given when called, however they would tell caller that the count had not increased, has this been tried here?
If this behaior was legal then there is something gravely wrong with the stock market and our legal system. .................... They probably will get away with it, and yes, there is something wrong.
It wasn't but a few weeks ago that there were a lot of negative posts on the HMGP board. I knew what I owned and I did't let it bother me, guess what, I was right, the person(s) posting were insane. Let the good times roll beause I believe that I now have a good investment here. Oil at $125.00 and climbing, company making more money every day.
Bought in to ALRY today, thought the pr was good. This may be the bottom I am hoping. GLTA
What does that make it , 12 days of gains and no gaps, nice.
Check out the chart in the ibox,everything points to up. When we get next pr ( soon I hope) all longs will be very happy imo. Low volume has taken HMGP up from .04, not a problem.
I enjoyed the action today, sold no shares, and waiting on the HMGP fundamentals to carry this a lot higher,
I am satisfied holding at around.08to .09 until a pr comes.
Does anyone know if the second well has been started yet? You know who would feel better if he knew that it was started.Keep up the good work Kieth, it's nice to be an investor of a great little oil company.
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
Big Mur can I blink now, my eyes are starting to water? lol
MMs needed shares?
I see we look at this the same way.
I don't think Hemi is a momo play right now, we are just moving back up from being manipulated by the MMs. .08 is a good floor to work from.
I think the reason people play with penny stocks is the dream of hitting it big, finding the golden gem that is going to make retirement a lot nicer. All that I know about Hemi tells me this could be the one. A lot of good info should come out this month and the rise in the pps tells me I'm not the only one that thinks this way. There has been a lot of good DD put out by some pretty sharp people on this board imo.
Three dollars a share sounds good to me, I'm not greedy.
Well, right now I could buy back my 1710 shares and have twice as many. Maybe not a good idea. It is nice just to be away from this mess. I see no pr came out yet, what a rotten way to treat investors, just a bunch of scumbags imo.
That really was an excellent post on Hemi Big Mur, it tells it like it is. I'm loaded for bear on this play. KA'S pr's have always been very truthful in the past, and I have said that an honest CEO is half the battle.
It's nice to see Hemi move up on such low volume, any good pr would right now and we will see the good old days of the 20's. imo
A/H TRADE again, was AUTO responible for this????
Just bought some at .089 , not easy to fill even here. A good pr right now and we would double imo.
It doesn't take much volume to raise this, I like it.
I was reading the ALRY boards new pr. they are going deeper for better oil, not sure how far we are from them on the Collins well
'The business plan of Allenergy has dictated our current growth and will continue to do so as we gradually acquire holdings, as planned, towards Western Kansas,' continued Mr. Sanford. 'The producing formations are deeper with higher oil barrelage output and longevity to continue our growth on a larger scale. We are currently performing the due diligence on the 160-acre Bane lease located 14 miles west of our existing oil and gas producing acreage in Southeastern Kansas
I was a believer in the Hemi business plan before the last two prs, it was just a matter of time for all to come togather. I try to temper my excitement about all that is happening but it is not easy to do when we observe the plan moving forward.
I must have read Hemi's last pr, dated April 22,ten times. I just bet the MM's have also read it a few times, and maybe that is why they have backed off a little, they don't want to stuck holding to many air shares. Anyway I really like what was in the pr, great stuff.
Up 48% at the close, now that is nice.
I also really liked the close for today, I was worried that the flippers were going to mess it up. With another good pr we will go mush higher. IMO GO HEMI
mtrewulf, sorry I may have been a little harsh in my reply to your post, but I have also been invested for a year and believe very strongly in the Hemi business plan, yes there have been some setbacks as we are all aware of, however the plan is now back on track and moving forward. I hold a very large position here and don't mine letting people know that I would not be invested here if I didn't think my investment was secure. There are just way to many good things going for Hemi to back out.
Gasoline could hit $7 a gallon in four years: CIBC
Crude predicted to top $200 by 2012 on tight supplies, pushing gas higher
By Moming Zhou, MarketWatch
Last Update: 5:15 PM ET 4/24/08
SAN FRANCISCO (MarketWatch) -- Surging crude prices, which could surpass $200 a barrel in four years on tight supplies, could push gasoline prices to as high as $7 a gallon, CIBC World Markets analysts said Thursday.
Crude supplies are actually lower than some official estimates indicate, while demand is unlikely to fall anytime soon, according to a statement by analysts led by Jeff Rubin at CIBC, an investment bank. They forecast that these tighter supplies and continued strong demand will drive oil and gasoline prices to roughly double their current levels by 2012.
"It is increasingly clear that the outlook for oil supply signals a period of unprecedented scarcity," said Rubin. "Despite the recent record jump in oil prices, oil prices will continue to rise steadily over the next five years."
CIBC says estimates by the International Energy Agency have overstated supplies because gains in production mostly come from natural-gas liquids.
The front-month crude contract slid Thursday to $116 a barrel, after hitting a historic high of $119.90 a barrel Tuesday. Retail gas prices averaged $3.56 a gallon Thursday, according to AAA, a new record high. See Futures Movers.
Some analysts, however, said crude prices could turn lower. Standard & Poor's predicted Thursday that crude prices could tumble to about $90 a barrel by the end of this year with the U.S. economy struggling in recession, though the range of that forecast is plus or minus $50. See full story.
Overstated estimates
CIBC based its prediction on an analysis of crude-production estimates by the International Energy Agency, which the investment bank says has overstated supplies because the agency counts natural-gas liquids as part of the output. Stripping out natural-gas liquids, the global oil market is much tighter, and oil production will hardly grow, they added.
"While natural-gas liquids only account for 10% of total supply, they account for virtually all of the increase in petroleum-liquids production since 2005," said Rubin in a news release.
"Stripping out natural-gas liquids, oil production has not grown for over two years, which certainly goes a long way to explaining why oil prices have doubled over that period," he added.
The portion of natural-gas liquids in total oil production is increasing, from about 4% in the 1970s to an estimated 10% by 2012, CIBC said. Natural-gas liquids are not a viable substitute for oil and cannot be economically used as a basis for gasoline, diesel or jet fuel.
Latest data from the Energy Information Administration, the statistical arm of U.S. Energy Department, indicated domestic drilling of natural gas liquids was increasing, while domestic oil production was falling.
Natural gas liquids production averaged 2.4 million barrels a day so far this year, gaining 4% from the same period of the last year, while crude output fell 1.9% from a year ago to 5.1 million barrels.
More natural gas comes with oil
Beyond methane which is what the home consumers burn, natural gas at the well contains a range of readily liquefiable gases, which agencies like the IEA have traditionally included in total oil supply.
IEA, a Paris-based energy adviser to 27 developed countries, said in its April monthly report that global oil production stood at 87.3 million barrels a day in March.
While natural gas can occur on its own, much of the world's natural gas is found together with oil.
James Williams, an economist at WTRG Economics, an energy research firm, agreed that natural gas liquids found together with crude oil have been increasing, while "there isn't much growth in oil," he said. "The lack of oil growth has been due to the lack of investment."
Accelerating depletion of existing oil fields and a lack of investment in new fields have resulted in a rising ratio of natural gas to oil in drilling in mature oil fields.
Some oil producers have been promising to invest more to increase production capacity. Abdalla Salem el-Badri, secretary general of the Organization of Petroleum Exporting Countries, said early this week the cartel is planning to spend $160 billion over the next four years to boost oil production capacity by 5 million barrels a day. See full story.
Demand in non-OECD countries to exceed OECD
While supplies are seen tight, there is little evidence to suggest that there will be any reduction in oil demand, CIBC predicted, as demand growth outside the Organization of Economic Cooperation and Development offsets slowing demand in OECD countries.
Countries such as Brazil, China and Russia have seen surging sales of automobiles, while car sales in the United States and Europe have been declining or flat. Gasoline, diesel and other transportation fuels account for about half of the world's oil consumption.
CIBC predicted that by 2012, oil consumption in the rest of the world will exceed OECD. OECD countries currently consume about 50 million barrels a day of crude, 13 million barrels a day more than non-OECD countries.
Demand from major oil producers and exporters is also seen rising. Over the last three years, oil consumption in OPEC members has grown an average of over 5% a year. Combined demand from OPEC members, together with Russia and Mexico, already stood at about 13 million barrels a day, the world's second largest after the U.S.
"With production faltering, soaring rates of domestic fuel consumption will soon cannibalize export capacity," adding more pressure to the world energy market, said Rubin in the report.
Fuel consumption in some oil producing countries was partly boosted by extremely low prices. Retail gasoline was only about 25 cents a gallon in Venezuela and 60 cents a gallon in Saudi Arabia, Kuwait, and Iran.
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Moming Zhou is a MarketWatch re
There are way to many good things going for Hemi at this time, have no intention of selling. I think like you Big Mur, hold this tight and wait for next pr. production nunbers which I believe will be good. There is always that chance that negotiations may lead to buy offer. Hemi is going to be my retirement ace in the hole. IMO
I really like this part from the last PR
The extrapolation of the results from the three wells, management believes, will add significant production and reserve values to our lease holding in southeast Kansas. Management's beliefs are based on well logs, coring and drill cutting samples, reserve report information and confidential information obtained from government sources, service companies and vendors in this area of Kansas. Therefore, the artificially low market cap is subject to being revised upward based on all the above significant events near term.
Better yet, buy us out for 3.00 a share. I believe at this time anything might be possible.
Yes, we are in agreement, just pointing out that my trade was having no affect on the A/H trades adding to the idea that these are not trades.
Yesterday I had a buy in for 100000 at .05 but only filled for 50000. My point is that we had a A/H trade at about .046 I believe. You would think that I would have been filled first. I may not understand how this all works, however it does appear the A/H trades are of little meaning.
Ovidius, you got a good thing going on here, in the pinks it doesn't get better than this IF your willing to be patient. Hemi has a great deal going on in FW & KA and it all looks good.
The news yesterday was just what I was waiting for, everything is great in Hemiland, boat loaded and ready to sail.
Can not say enough about the great job Kieth and crew are doing. Kelseyf, you do a wonderful job of putting the info out for all to understand. Let the bashers bash, we know what we have in Hemi.
I spoke to soon, unreal.
Yes, and no A/H trades