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.0135 print.
Same thing goes if they pick up a pertochemical company. In the 80's I used to work for a company called Magna Corporation, it was owned by Baker-Hughs. We made specialty chemicals for Baker and Halliburton. We ran 3 shifts till they relocated the plant. I'm hoping ESP manaufactures similar chemicals, they are a specialty petrochemical company.
More rigs and 700 boreheads = HUGE
.013 print.
They own 3 and lease 2, credit Loman's DD.
Looks like it's doing what we want it to do. Although the M&A potential is can knock this one out of the park, the number of potential wells also helps make this a good strong long. Using very conservative estimates still gets you great numbers. Having 5 rigs help too, lol.
Oil up 1.08% at $64.30
Is there a particular version of TurboTax (or another software) that should be used of you made quite a few trades (about 500) in 2006? I don't pay state taxes so that is not an issues, except for the sales tax deduction.
Thanks.
Also read through the PRs from the beginning of the year, there aren't that many and you'll get a pretty good idea of the company. The last 3 PRs are pretty important IMO.
1.5MM in out of sequence and FormT trades after close, all @ .0115. 76.7MM volume. Record volume since 1/1/07, I haven't looked before that. The last record we had included 504 dumping.
HOD .0115
.011 print
Add otcstockexchange.com and stockwire.com to the list of alerts today for a total of 5.
.0095 x .01
lots of churning at .009. B&A up.
500k @ .08, gap closed.
I've already recieved 3 alerts this morning on WRNW. Boonmarket.com, OTCPicks.com, and TheSubway.com.
5 so far,
20k @ .0077
100k @ .008
125k @ .008
125k @ .0077
133330 @ .008
Nice close! Good place to start off Monday.
.008 ask is back up.
printed .008 too.
It looks like their desking orders and letting them through it batches.
Oil at 64.17, up $.32
1.48MM at .0075 went thru.
IEA Ups China's Oil Product Demand Growth Forecast
SHANGHAI (Interfax-China) -- The Paris-based International Energy Agency (IEA) has raised its forecast for oil product demand growth in China for this year to 6.8%, up from the 6.1% growth it had previously estimated, state media reported.
The updated figure, representing demand of 7.64 million barrels a day, was made due to the strong domestic demand for oil products seen in January and February.
http://www.resourceinvestor.com/pebble.asp?relid=30825
I don't have L2, was RBCM the seller? Thanks.
NEWS -
Stonebridge Resources Completes 3 Wells On Kansas Properties
HOUSTON, Apr 12, 2007 (PrimeNewswire via COMTEX) -- Stonebridge Resources
Exploration Ltd. (Pink Sheets:SBRX) (Frankfurt:S3C) has completed three of the 4
wells located on the Ewing B lease property in Kansas. The three re-worked wells
are each producing 15 bbls of oil per day. Stonebridge expects to complete the
re-working of the fourth well by next week. The Company will continue to re-work
wells located in the Squirl and Bartelsville zones to develop increased
production flow rates for the overall field. "We expect flow rates from these
wells to continue to increase as re-work continues. The wells should produce
flow rates up to 4-6 months," stated Stonebridge President, Phillip Christian.
The Company has 120 producing wells on the Kansas properties.
Stonebridge Resources Exploration, Ltd.
Stonebridge Resources Exploration, Ltd., www.otcsbrx.com has embarked on a new
direction which is primarily engaged in the acquisition, development,
exploration and production of crude oil and natural gas. Its focus has shifted
to aggressively acquiring working interests in crude oil and natural gas
properties. The company intends to use modern development methods along with
improved drilling technologies to increase well production by up to 500%. The
company's goal is to achieve a high return on its investment by limiting its
acquisition costs and by practicing sound and intelligent approaches to oil and
gas exploration and development.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Statements in this release
that are forward-looking statements are based on current expectations and
assumptions that are subject to known and unknown risks, uncertainties, or other
factors which may cause actual results, performance, or achievements of the
company to be materially different from any future results, performance, or
achievements expressed or implied by such forward-looking statements. Actual
results could differ materially because of factors such as the effect of general
economic and market conditions, entry into markets with vigorous competition,
market acceptance of new products and services, continued acceptance of existing
products and services, technological shifts, and delays in product development
and related product release schedules, any of which may cause revenues and
income to fall short of anticipated levels. All information in this release is
as of the date of this release. The company undertakes no duty to update any
forward-looking statement to conform the statement to actual results or changes
in the company's expectations.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: Stonebridge Resources Exploration Ltd.
By Staff
CONTACT: Stonebridge Resources Exploration, Ltd. Investor Relations Steve Christian (281)-894-6300
(C) Copyright 2007 PrimeNewswire, Inc. All rights reserved.
-0-
INDUSTRY KEYWORD: Mining & Metals
SUBJECT CODE: OIL
Product Services Announcement
Plus $1MM in revenues from servicing TMP, $4MM total so far.
edit, wrong link -
I asked the same question.
http://www.investorshub.com/boards/read_msg.asp?message_id=18535909
700 (wells) * 50% (reworkable) * 5 (bopd/each) * 320 (days/yr) * $60/bbl = $33.6MM
Highest volume day.
If you owned shares in mid May of last year or prior to that you should have recieved TYEG shares. We are also getting WWOG shares but most have note recieved their shares from BIGN yet. I have Scottrade and do not have mine. It may take another couple of months or so.
LOL, a short version of the lease PRs.
Feb. 12, 2007
Liston Lease
Gas
Pennsylvania coal seem
Birdsell well + 14 additional drilling locations
75 - 125 MCF/Day estimated for Birdsell
Feb. 12, 2007
785 acre lease
Rogers county
Oil
# wells not listed
4000/BPM from 1960 to1985
Begin drilling next 60 days
$2MM estimated for 2007
Feb 13, 2007
320 acre lease
Rogers county
Oil
Bartlesville sand was the primary producing horizon
Max. of 9000/BPM during the 1970s.
119 wells drilled between 1917 and 1979
$2MM estimated for 2007
Feb 27, 2007
NE. Oklahoma
Gulley lease
Oil
rework of 21 wells
drilling of 2 new wells in the Upper Arbuckle Formation
$1MM estimated for 2007
I need to get a part time job to keep up with you guys. :)
.0055's are gone.
Thanks for the updates.
Thanks texasboston, Louisianna makes sense.
All I find is Kansas too, but I'm assuming Winfield is the LA oil field.