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Thanks Homevendor...Good Info! :o)
That new http://group.codaoctopus.com/ is up now! It used to say coming soon.
Q2 due next week by 15th
oh, my bad thanks
it came in on my Scottrade
News
Jun 03, 2013 (Close-Up Media via COMTEX) -- Bayport International Holdings,
Inc. announced the signing of a Contract to purchase an interest in 2 oil wells
to be drilled in the Milford Lease, Forest County, Pennsylvania.
According to a release, Drilling Permit numbers 38 and 39 have been issued as
per Pennsylvania Department of Environmental Protection (PA DEP).
The Company noted the interest is for 5.0 percent Working Interest and 3.75
percent Net Revenue Interest to be acquired in each of the two wells. This is
the net revenue that the company is seeking and will compound on. The aggressive
oil and gas program that has been instituted in 2013 is already starting to see
a new company vitalized and diversity brought to shareholders. Spud date and
production logs will be available shortly.
The location Forest County, Pennsylvania is east of the town of Titusville, Pa.
This area has always been prolific in the production of oil and natural gas. The
preliminary target zones for wells on this lease will be the 1st Sands, 2nd
Sands, 3rd Sands, and Red Valley Formations. These oils and gas bearing
formations are found throughout this immediate area and historically have been
good producers. All zones should be encountered at drilling depths of
approximately 1100-1300 ft., depending upon the elevation. Well records found in
the vicinity show the presence of these formations on and near the lease. This
lease is off-set on all sides by operating oil and gas wells, owned and operated
by various independent operators.
In addition, the Company noted:
Pennsylvania has been acknowledged as the birth-place of the oil and gas
industry since Edwin Drake drilled the first commercial oil well near Titusville
in 1859. Prior to the invention of the internal combustion engine the primary
usage for crude oil was as lamp oil and medicines. Soon after the finds in the
Forest County area early drillers moved out into the surrounding counties of
Butler, Bradford, Venango, and Warren of northwestern and central Pa. With the
early technology available these drillers searched and found oil in the
relatively shallow sandstone formations of the Venango Sands groups.
Some of these early wells blew out at over 10,000 bopd of oil per day. The drive
that forced this oil out at such high rates was the natural gas that was also
present. Before a market was found and pipelines were built much of this natural
gas was wasted, being vented or flared to atmosphere. The intense market demand
for crude oil created a boomtown history that rivaled anything in the gold
fields of California. Spin-off industries such as transportation, refining and
paraffin extraction created a job basis that lasts today. Up until the
mid-1930's this region of Pa. was the world's leading exporter of oil. The
majority of these early wells were drilled to a depth less that 3000 ft. Success
rate of wells drilled in this known region of Pa. has been approximately 95
percent.
It is the best appraisal that wells drilled on the Forest Co. Milford Lease have
an excellent chance of being economically productive. These leases give a
drilling program a nice balance of oil and natural gas production. Ideally we
will see 20 barrels of oil per day, initial production. Shallow wells go through
a decline curve after a short period of flush production and settle down to a
rate that may be maintained for many years. An old oil field axiom states that a
well will give up half its overall production within the first year of
production. With modern techniques of operating the overall production rates can
be greatly increased. It is quite common for wells in this region to continue to
operate economically for (20) years or more after drilling. Of course this
economical life span is a factor to the price of being received for the oil and
natural gas.
The acquisition of Interest is through Downhole Energy in Rockwall Texas.
Bayport CEO Jim Porter said, "We are excited about our direction and new
partnerships in the Oil & Gas industry. As we go forward we are adding to our
ever growing producing properties portfolio including such properties in Jones
County Texas, Nacogdoches Texas, and Pike Mississippi."
Bayport International Holdings, Inc. is a company formed to exploit the various
precious minerals in the U.S.
More Information:
www.BayportInternational.com
From PR yesterday..."Management would also like to note that the 10-K for 2012 is in progress to bring our filings up to date with SEC."
http://ih.advfn.com/p.php?pid=nmona&article=57764043
do you mean the website?
If that is what you are talking about, then yes, the company definitely needs to update the website. They have not kept it updated very well.
Kat Gold Holdings (BVIG) still owns the South Lucky claims.
http://gis.geosurv.gov.nl.ca/mrinquiry/License.asp?License=015995M
Which, by the way, has a report due coming up on 6/24/2013
http://www.katexploration.com/index.php?option=com_content&view=article&id=76&Itemid=119
Shaylee and three other Lucky claims that belonged to KATX were cancelled 5/27/2013
KAT Exploration i box.
For several weeks it only showed Shaylee and Lucky info. Then when they were cancelled .... they were taken off also.
Gotta get going... ttyl
I believe its been cleared for a while now. All of the Kat Gold Holdings properties were removed a while ago.
Thanks goes to Splash59..he is the one who found it! :o)
Kat-Exploration was given Kat-Gold-Holdings Shares in the Spin-Off Distribution, completed in March 2013.
That's funny....several months ago many here were complaining to get rid of all the information since it was all Kat Gold info! And us longs were fighting to keep it. LOL
Lots of...
'I'm wondering', 'possible cancellation', 'what would happen', What if?????? what if???? what if????? LOL
Let's just wait for facts (good or bad), alright?
Ken is moving right along during a difficult few years for mining and exploration companies! (just check out Vale share price for an example)
Ken has actually done most of what he said he would do...
Drilled two properties in 2010!
Completed the S-1 and spin off distribution.
and.... much much more!
All of which many said would never be done over and over!!!
Apparently you will! as per the PR today!
Patience is the key here. :o)
KAT Gold Holdings News
http://ih.advfn.com/p.php?pid=nmona&article=57764043&symbol=BVIG
Kat Exploration does own shares of Kat Gold !
Thanks Splash! GO KAT!
http://ih.advfn.com/p.php?pid=nmona&article=57764043&symbol=BVIG
Sorry, totally disagree.
From what I understand they still have office at the same location...just moved to the back in a larger office. :o)
Yep, now KATX is an empty shell.
Wonder who he will sell it to.
Patiently waiting :o)
Thanks megan..agree...they have been moving right along strong! RANF
Great DD drivenbypain...Thanks. :o)
Connection here?
http://appiphanytech.com/
http://www.rangemorefilmproductions.com/#!investors/c1p9k
http://appiphanytech.com/appiphany-technologies-enters-into-agreement-with-independent-film-producer-to-develop-cartoon-series
http://appiphanytech.com/first-episode-of-mma-animals-cartoon-series-in-pre-production
Richard Smith Secretary/Treasurer to both companies.
http://www.otcmarkets.com/stock/RANF/company-info
http://www.otcmarkets.com/stock/APHD/company-info
Ticker at my scottrade already changed....nice! BAYP $$$
Nice!!! Symbol change tomorrow BAYP . Then the news should start flowing
Ore Resource Estimation
http://www.katexploration.com/Graphics/properties/Ekom%20Eya%20Gold%20Property/Ekom_%20Eya_Report_Western_Region_Bibiana_Ghana.pdf
Paul Abbott has an impressive background....
http://gh.linkedin.com/pub/paul-abbott/15/b47/732
Yep.... http://www.katexploration.com/Graphics/properties/Ekom%20Eya%20Gold%20Property/Ekom_%20Eya_Report_Western_Region_Bibiana_Ghana.pdf
Paul Abbott has an impressive background....
http://gh.linkedin.com/pub/paul-abbott/15/b47/732
Sounds quite vague to me....
I am still watching and waiting for more specific information about their revised strategy. :o)
Yes, and focusing on underground mining...
Just what Bibani North Mine is! as well as Bibiani Main Mine.
Here is a good reason along with what Wayne Norris said also...
Ore Resource Estimation
http://www.katexploration.com/Graphics/properties/Ekom%20Eya%20Gold%20Property/Ekom_%20Eya_Report_Western_Region_Bibiana_Ghana.pdf
Paul Abbott has an impressive background....
http://gh.linkedin.com/pub/paul-abbott/15/b47/732
Yes eiddle...I am aware of that...it was posted a while back...
Here is link:
26 April 2013
Noble Appoints New CEO
http://www.nobleminres.com.au/live/wp-content/uploads/2013/04/Noble-Appoints-New-CEO.pdf
Very important to keep an eye on NOBLE Mineral Resources news and info since KAT Gold Holdings Ekom Eya concession sits within the Bibiani North Prospecting License
http://www.nobleminres.com.au/
ALSO Resolute Mining has a large stake in NOBLE and is optimistic in many of their articles and power points regarding NOBLE.
Resolute Mining’s Determined Quest for More Gold Deals
Here is what Wayne Norris Managing Director SAID about Old 'Bibiani North Mine', not me. LOL
NOBLE is planning to.....
or already has, converted the 'Bibiani North Prospecting License' into a 'Mine Lease' Why do this if they were just staying at the Main Bibiani Pit???
From NOBLE-Re:Bibiani North PL (where KAT Ekom Eya sits)
Latest NOBLE Report, where KAT's Ekom Eya sits within their Prospecting License.
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/March-2013-Quarterly-Activities-Report.pdf
Latest NOBLE Report, where KAT's Ekom Eya sits within their Prospecting License.
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/March-2013-Quarterly-Activities-Report.pdf
DD Telephone call to Office....
Everyone kept saying it was disconnected.
The fancy office found a couple weeks ago?? Well, it was found by someone when googling Kat Exploration... Who put it there?? I don't know... there were some here that said that Pippy Pl. could have been added by anyone on that site!
Now we need to wait for confirmation from company about 1149 Topsail I guess.... or do they even need to??? because it has been the current address on all filings and correspondence. Never changed.
All we heard for months from some was that they no longer have the office since it is disconnected! Well, it was probably because they were remodeling and changing offices around.
Don't know.