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I think they gave us the name of the LALOI to make it a little more real. For me it's still a hold. If there's a 50% chance that the ETLOI will get done this is still a good play IMO.
A somewhat interesting article on reusing water from drilling operations.
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/04-10-2007/0004562426&...
.0075 print
.007 X .0075
0065 x 007
If we could keep the flippers out this is how it would trade IMO.
.065 print.
From todays PR, "We will be working with Parker Anderson on
several strategic initiatives that also involve property working interests,"
Anyone have an idea what "property working interests" is? It almost sounds like more leases rather than a merger. Hard to tell.
Any chance that they'll use the capital just raised to get ESP, and then JV with Parker Anderson to get more leases and operations?
ask at .0055 for now, maybe we'll move up.
NEWS
Well Renewal Completes One Million Dollar Fundraising
TULSA, Okla., Apr 9, 2007 (PrimeNewswire via COMTEX) -- Well Renewal, Inc.
(Pink Sheets:WRNW), a rapidly growing diversified oil and gas regional operator
specializing in oil and gas exploration, enhanced recovery methods of abandoned
and low-production oil properties, oil field services and petrochemical
distribution, today announced the completion of approximately one million
dollars in funding since February 2007. The monies raised will be used to target
and acquire additional oil field leases and energy services companies.
"WRNW has obtained adequate funding for the foreseeable future," stated CEO
David Rees. "WRNW is now in a position to continue its organic and
acquisition-led growth, along with positioning WRNW as a key player in northeast
Oklahoma's oil and gas market."
"More specifically, WRNW is pleased to welcome Parker Anderson Investment, LLC
as a major corporate investor. We will be working with Parker Anderson on
several strategic initiatives that also involve property working interests,"
stated Rees.
About Well Renewal, Inc.
Well Renewal, Inc., headquartered in Tulsa, Oklahoma, is principally engaged in
oil and gas exploration as well as enhancement and recovery of abandoned and low
production oil properties, oil field services and petrochemical distribution.
Statements in this press release relating to plans, strategies, economic
performance and trends, projections of results of specific activities or
investments, and other statements that are not descriptions of historical facts
may be forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Forward-looking information
is inherently subject to risks and uncertainties, and actual results could
differ materially from those currently anticipated due to a number of factors,
which include but are not limited to, risk factors inherent in doing business.
Forward-looking statements may be identified by terms such as "may," "will,"
"should," "could," "expects," "plans," "intends," "anticipates," "believes,"
"estimates," "predicts," "forecasts," "potential," or "continue," or similar
terms or the negative of these terms. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we cannot guarantee
future results, levels of activity, performance or achievements. The company has
no obligation to update these forward-looking statements.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: Well Renewal, Inc.
By Staff
CONTACT: Well Renewal, Inc. (918) 585-5101 drees@wellrenewal.com
(C) Copyright 2007 PrimeNewswire, Inc. All rights reserved.
-0-
INDUSTRY KEYWORD: Energy Industries
SUBJECT CODE: ENERGY
FINANCING
Financing Agreements
450k posted this AM at .06 (from Friday?)
Thanks Doc.
Are 504 shares the same as restricted shares, IE, they can't be sold for a year or so? Thanks.
Yes, I thought he did a sharp job with the College Partnership merger, the two companies compliment each other well, and it looks like their heading for bigger bucks. If you hear anything from Lyondell please pass it on.
GLTY.
Thanks for the update.
It's been so long since I looked at this I can't remember if the 'new' well was there last time or not. Does anyone here understand the 3 wells at grimes? Obviously Ophelia is down, but theres no telling how old this is.
http://opi.consrv.ca.gov/opi/opi.dll/Search?UsrP_ID=100051369&FormStack=Main%2CDistrict%2COperat...
It was a sale, see the msg. below. Looks like someone is continuing to hit the bid.
http://www.investorshub.com/boards/read_msg.asp?message_id=18516423
RYPL NEWS
Royal Petroleum Corp. Announces Forward Stock Split
CALGARY, Alberta, Apr 5, 2007 (PrimeNewswire via COMTEX) -- Royal Petroleum Corporation (Other OTC:RYLP) (GR:R7P) Board of Directors has approved a forward split of the Company's stock. Shareholders of record as of April 23, 2007 will receive 5 (five) common shares for every 1 (one) common share held. There will be no change in the par value of the shares. Royal Petroleum shareholders of record will be issued the additional shares by mail on payment date of May 11, 2007 and will not be required to surrender existing certificates.
www.royalpetro.com
About Royal Petroleum Corp.
At Royal Petroleum Corp. our focus is on the acquisition of existing oil and gas wells, bringing them back into production for re-sale by using the latest technologies available. We strive to continually fulfill the energy requirements of tomorrow by partnering with various organizations and individuals committed to the exploration, development, and production of our domestically-abundant natural resources, with a primary focus on crude oil and natural gas. We believe the fundamentals favor crude oil and natural gas as dominant commodities for the foreseeable future and it is absolutely necessary to look to our domestic sources for our energy needs in the future.
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.
RYPL NEWS
Royal Petroleum Corp. Announces Forward Stock Split
CALGARY, Alberta, Apr 5, 2007 (PrimeNewswire via COMTEX) -- Royal Petroleum Corporation (Other OTC:RYLP) (GR:R7P) Board of Directors has approved a forward split of the Company's stock. Shareholders of record as of April 23, 2007 will receive 5 (five) common shares for every 1 (one) common share held. There will be no change in the par value of the shares. Royal Petroleum shareholders of record will be issued the additional shares by mail on payment date of May 11, 2007 and will not be required to surrender existing certificates.
www.royalpetro.com
About Royal Petroleum Corp.
At Royal Petroleum Corp. our focus is on the acquisition of existing oil and gas wells, bringing them back into production for re-sale by using the latest technologies available. We strive to continually fulfill the energy requirements of tomorrow by partnering with various organizations and individuals committed to the exploration, development, and production of our domestically-abundant natural resources, with a primary focus on crude oil and natural gas. We believe the fundamentals favor crude oil and natural gas as dominant commodities for the foreseeable future and it is absolutely necessary to look to our domestic sources for our energy needs in the future.
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: Royal Petroleum Corp.
By Staff
CONTACT: Royal Petroleum Corp. Dave Hagardy, President 403-444-6896
(C) Copyright 2007 PrimeNewswire, Inc. All rights reserved.
-0-
INDUSTRY KEYWORD: Oil Exploration & Production
SUBJECT CODE: OIL
ENERGY
Stock Market News
Whats with the PPS, .0001.
O/T (?) - more Iran rumors
US to attack Iran by end of April: report
The US is planning to attack Iran's nuclear reactors and other nuclear facilities by the end of this month, the Kuwait-based Arab Times newspaper reported Wednesday.
From correspondents in Middle East, 4 Apr 2007 - (www.indiaenews.com)
The US is planning to attack Iran's nuclear reactors and other nuclear facilities by the end of this month, the Kuwait-based Arab Times newspaper reported Wednesday.
Citing anonymous sources in Washington, it said that various White House departments had started preparing the political speech to be delivered by the US president later this month, announcing the military attack on Iran.
The speech will provide the 'evidence' and the 'justification' for the US to resort to the military option after failing to persuade Tehran to give up its nuclear ambitions, said the report.
According to the Times, one of the justifications expected in the speech is Iran's alleged role in the killing of American soldiers in Iraq by supporting various militias with money and arms.
The US president's speech will also point to Iran's political interference in Iraq, obviously in cooperation with Syria.
The sources were quoted as saying that US will not resort to a ground attack in order to avoid human losses.
By Xinhua (Staff Writer, © IANS)
http://www.indiaenews.com/middle-east/20070404/45848.htm
strange order I guess.
we're not going to close at .0009 I hope.
It may have been a matched trade from the MMs.
50k @ .01
50k @ .009
14 seconds apart.
No, my Scottrade account still shows NVRC##.
From Lowman's call to WRNW...
"There are some 700 boreheads on these leases, of which is what WRNW is in the stage of renewing."
Has anyone done the math on these? If only 15% are reworkable and get a flowrate of 5/bopd they will produce some nice earnings. With 5 rigs hopefully we can get some frequent reports throughout the year.
A Birdsell update should be out soon and maybe an update on the rework they are doing for TMP.
Seb found some dry powder.
Thanks for setting up the board.
Check lowmans post ...
http://www.investorshub.com/boards/read_msg.asp?message_id=18348996
I never understood why some symbols show volume before the bell if you can trade pinkies before or after the market, but usually it's a good sign. 50k showing up already. Must be Jeb.
Why the DOW took a nosedive Friday.
http://www.bloggingstocks.com/2007/03/30/why-the-dow-took-a-nose-dive-just-before-noon/
Lets close the deal before oil hits $100.
Boone Pickens is saying $70 by EOY, and I don't think he's taking geopolitics into consideration.
I e-mailed Gray in December and he told me he was in the process of lining up an IR company, and that they would reply to my questions. It took 2 months but he was kind enough to keep my e-mail address and have them answer my questions.
Anyway it looks like we have a bigger team now.
Lowman, do you know of it was Gray that brought in Rees or are there other powers to be? Just wondering who the BOD may be, thanks.
.01 now, 3.5MM shares in 6 minutes. HMMMMMM.
Insiders?
Rees interview. The guy is pretty low key and down to earth. This company knocked down $870k in 4 weekends of seminars, not bad.
http://www.hotshotstocks.com/profiles-details_CGPA.htm
Thanks, it looks like he has been involved in a number of shells, but I'm not familiar with the merger you mention. Is this good or bad?
Thanks!