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Looks like Matt banned Energyman yesterday.
I wouldnt be surprised if he sold some off today.
Who knows?
Posted by: energymanNJ
In reply to: None
Date: 3/29/2007 10:12:06 AM
Post # of 135903
ALRY >>>> I think the D word is in effect here Proceed with caution...plus they banned me in my sleep last night...lol
you know what that means
LOL...
This is turning into an amazing all around play. "Safe money" will be parked here for the next few months, thats for sure.
Premarket News on NVMG:
http://www.investorshub.com/boards/read_msg.asp?message_id=18266202
Premarket News on NVMG:
http://www.investorshub.com/boards/read_msg.asp?message_id=18266202
Premarket News on NVMG:
http://www.investorshub.com/boards/read_msg.asp?message_id=18266202
Premarket News on NVMG
http://www.investorshub.com/boards/read_msg.asp?message_id=18266202
Premarket News on NVMG:
http://www.investorshub.com/boards/read_msg.asp?message_id=18266202
An added 80 million is a great start indeed
NEWS!!!!!!!
NAEG Receives Approvals for Housing Construction and Alternative Energy Development on Oglala Lakota Sioux Nation
FOREST HILLS, N.Y., Mar 28, 2007 (BUSINESS WIRE) -- Native American Energy Group, Inc. (the "Company," or "NAEG") (OTC Pink Sheets: NVMG), an independent energy company, announced today that it received a letter of full support from the Oglala Lakota Sioux Tribe in response to the Company's plan to construct safe, decent, affordable, energy-efficient homes on their reservation in South Dakota. NAEG board members, Joseph D'Arrigo, Raj Nanvaan and Richard Ross met with executive members of the Lakota Tribal Council and Housing Board, Friday, in Pine Ridge and they were received very well as they presented solutions to the tribe's severe housing shortage problem. In addition, the tribe has welcomed NAEG with open arms with respect to wind and solar energy development.
The above-mentioned document can be viewed at the following link:
www.nativeamericanenergy.com/oglalalakota.pdf
NAEG has bridge groups standing by to fund such projects as housing construction on the reservations, once NAEG and the Lakota Nation can confirm and secure financial guarantees through the programs available from the Dept. of Housing and Urban Development (HUD), U.S. Government grants, etc.
It takes 60 to 90 days to set up a manufacturing facility. Once set up using the technology transfer from homebuilder Eurowest Panel Homes Ltd., NAEG's joint partner, the facility can manufacture the full framework for 10 to 15 homes per day. Actual assembly time depends on the labor. With a staggering 85% unemployment rate, this task will be accomplished with great success. It becomes a win-win situation.
There is an immediate need for 4,000 homes on the reservation with a population of approximately 45,000. According to NAEG's 50/50 profit-share Partner, Eurowest, the cost to construct a 1,000 sq. ft. home is roughly $60,000. Projections place the price tag per home at approximately $100,000.
Eileen Janis, Vice President of the Executive Board & Director of the Oglala Lakota Nation Housing Committee, personally guided the NAEG team to viable, existing locations for building these communities. Oglala Chairman John Steele & Eileen Janis are strong proponents of development, including renewable energy and of the tribe's wealth of natural resources because so many people there live below the poverty line.
In addition, NAEG executives toured the neighborhoods with Eileen in order to view some of the more deplorable living conditions of the Oglala people. Video footage was taken along the way of a number of homes that would be condemned in most American cities. Some of this footage which will soon be placed on the Company website:
http://www.nativeamericanenergy.com
CEO, Joseph D'Arrigo stated, "These are a people that were mistreated. It was just as was described in our January 8, 2007 news release regarding the housing conditions and homelessness on this reservation. We saw the dilapidated mobile homes, and the trailers, and even cars that many homeless families were using for shelter. These people seriously need to be relocated into decent housing. There were many homes missing entire windows in this very cold climate where temperatures often are sub-zero. It is hard to believe people are living in such conditions in this Country. We went inside several overcrowded homes occupied by extended families in too few bedrooms, lacking even a sufficient number of mattresses. Can you imagine 17 to 28 people living under one roof with only one bathroom? We also saw black mold in the kitchens & baths, collapsing floors, problems with ventilation, lighting, sewage and in some cases, garbage that had not been removed in two years. They need someone to help bring some enrichment and some dignity into their lives, rather than just surviving."
This is interesting:
Energy traders watch the Atlantic hurricane season closely because of the potential for storms to enter the Gulf of Mexico, where 30 percent of U.S. oil and 21 percent of its natural gas are produced. accuweather
Yes! I never thought about it that way. Thanks.
Brikk has the investor FAX come yet, I read a previous post that said they may be updating the website, but it'll most likely be in the 10 K anyway. Just curious, 1step
Could you elaborate on this Rocket:
"Theres more money in selling your mineral rights
to a small company with a low market cap
than a multi billion cap."
Very interesting stuff.
Thanks for all your DD by the way!
1step
200 dayMA is .43!
Thanks Brikk,
fun filing is right,
trying to catch up on past PRs and posts tonight.
Id like to buy a few more this week.
1step
Oh, one last question:
Where can I buy one of these? LOL
Question on DD:
In the latest PR it stated,
" prior to the reverse takeover with MediQuip".
Would someone be able to clarify the difference in the term "takeover", and "aquisition", in this instance,
and are the retired shares effective immediately.
Thanks 1step
NMState94 = ignore
read before you write bud.
.76 X .88 wide spread today
LOL. Ill take 3 out of 4 rook
Yup, every time they lower the ask
shares are getting scooped up
1step
I hoping they PR some horizontal drilling JV's! $$$$$$$
I pushed the ask back to .40, now we go.
LOL That worked last time. If I remember correctly.
News recap:
Allenergy, Inc. (OTC: ALRY), is pleased to announce that it has scheduled an extensive remedial well workover on its newly acquired Dark Treasures lease located in Montgomery and Chautauqua Counties, Kansas. The Dark Treasures leasehold adjoins Allenergy's Ball Lease, also in Montgomery County, reinforcing the Company's strategic targeting and acquisition of additional oil and gas fields to further develop ALRY's existing robust asset base there.
"The importance of these two properties situated on the Longton Anticline is that several producing formations remain untested or fully productive for certain economic reasons, primarily the lack of a natural gas pipeline for transportation to the marketer," said Company President Larry Sanford. "Through our precise due diligence, Allenergy discovered a well that flow-tested 330 MCFPD but was completed in an oil zone. Our plans are to set a bridge plug to isolate lower zones and perforate the Layton formation. After a 48-hour shut-in we will decide to stimulate with spot acid or other options we have prioritized. This entire property has similar opportunities and ample space for drilling and testing deeper formations," Mr. Sanford concluded.
"Our interest to grow in this area has intensified as a result of the workover plan, and Allenergy continues to step up the process to optimize production," Mr. Sanford said.
About Allenergy: Allenergy, Inc. (OTC: ALRY), with a 17-year history in the oil and gas industry and current involvement in the multi-billion dollar natural gas fields in Kansas and Oklahoma, is strategically focused on areas of these states believed to contain more than 1.5 trillion cubic feet of natural gas and helium at shallow depths. The Company currently holds roughly 5,500 acres of leased property with over 100 producing oil and gas wells. For more information about the Company, please visit http://www.allenergyinc.com
Here's a follow up on Drillman7's post:
Thanks by the way Drill, excellent DD!
http://www.coscocap.com/articles/downloads/COSCO_Bakken.pdf
NAEG Announces Oil Sale and Purchase Agreement with Shell
Canada News Wire via COMTEX
Oct 3, 2006 10:09:30 AM
FOREST HILLS, N.Y., Oct 3, 2006 (Canada NewsWire via COMTEX News Network) --
Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG) is pleased to announce it has signed an Oil Sale and Purchase Agreement (SPA) with Shell Trading (US) Company (Shell), and is to begin supplying high-gravity oil from its producing wells in N.E. Montana to Shell immediately.
Shell Trading buys and sells several million barrels of hydrocarbons per day in physical markets, making it one of the largest petroleum supply and trading organizations in the industry. The above SPA was consummated in August, subsequent to the sample testing, approval and purchase, by Shell, of NAEG's initial oil production from the Tribal 7-A and COX 7-1 wells located on the Fort Peck Indian Reservation. Said contract shall be ongoing, and the purchase price adjusted-to-market at regular intervals during which unlimited period, Shell will acquire all future oil production from all NAEG wells in Montana.
Raj Nanvaan, Vice President and CFO of Native American Energy Group, stated, "We are pleased that Shell Trading was enthusiastic about being our buyer. This represents NAEG's first sale of oil to the North American oil market. We look forward to this relationship with Shell on our Montana project, and believe both Native American Energy Group and Shell will benefit from this interaction. I am happy to report to shareholders and investors, alike, that Native American Energy Group is firmly and uniquely positioned, today, in our niche. The nation's demand for energy has increased as a result of factors like the booming economy, high population growth, industrialization and urbanization. There is increasing demand for oil and natural gas as a consequence of this increase in demand for energy."
Joseph D'Arrigo, President and CEO of Native American Energy Group further commented, "By design, NAEG has gained the geographical advantage to help meet this demand for oil & natural gas by acquiring an infrastructure and inventory of historically producing wells in the oil & gas rich, Williston Basin region; while at the same time, NAEG's production results, I am very pleased to say, also benefit local Native American tribal communities and landowners whom are in need of revenues from those resources. This has become our "niche," as we were invited to do. As an independent energy company in current production on tribal land, we, at NAEG, aim at meeting the energy demand of our country by means of these oil and gas development projects, as well as, contributing to the economic well-being & long-term stability of all of Montana's native tribes that are involved. Therefore, NAEG carries on studies, acquires and develops prospective leases, and reaches agreements with natural gas and oil suppliers such as Shell to help meet this increasing demand. We will continue with the good work we have started here, as NAEG strives to meet its production schedule."
Just a refresher, I didnt realize Shell was buying ALL the oil from our wells in Montana!
Great link Maddogs!
I noticed Tyco will be attending also.
Frank is a seasoned professional,
LTC will steal the show!
Loading the boat this week.
1step
China's Gasoline Consumption to Increase 24% by 2010
By David Harman
22 Mar 2007 at 11:45 AM GMT-04:00
SHANGHAI (Interfax-China) -- China's gasoline consumption, spurred by a soaring demand for cars in the world's fastest growing economy, will reach 65.44 million tonnes by 2010, which is a 24.7% increase from 2006, an official from a state industrial planning organization said during an oil trade summit held in Guangzhou.
The country's use of gasoline reached 52.47 million tonnes last year, an 8.4% year-on-year growth, after the year's car sales jumped 27% to hit 7.2 million. The forecast for this year's growth is 18%, according to Bai Xuesong, senior engineer with China International Chemical Consulting Corp., which is overseen by the state-owned Assets Supervision and Administration Commission.
China produced 55.91 million tonnes of gasoline last year. Its largest producers include fourth-largest state oil company Shaanxi Yanchang Oil Group, which is also part of a conglomerate of Shaanxi's major local oil drilling and refining plants, Dalian Petrochemical, under the country's top oil company China National Petroleum Corp., and Zhenhai Refinery of Zhejiang province, which operates under China Petroleum and Chemical Corp., Asia's largest refiner.
The country's gasoline exports fell 37.7% to 3.5 million tonnes last year. The decrease occurred because soaring international crude prices, combined with the government's artificial control of oil product prices, made refining a money-losing business.
Out of China's total gasoline exports, 43% was sent to Singapore last year, followed by Indonesia with 26.21% and Vietnam with 18%.
Fuel oil futures gained upward momentum towards RMB 3,082 (US$399) after crude oil futures hit the highest level of the week overnight in expectation of growing crude demand from refineries after seasonal maintenance work.
Fuel oil futures in Shanghai normally track the performance of crude oil, which continued to consolidate at the $60 a barrel level.
"We expect the crude prices to continue strengthen in the following sessions," said Song Bo from Sanli Futures.
Commentary
A major danger of underestimation in these consumption forecasts. They are assuming a slowdown in growth in the auto industry and no increased usage of existing vehicles. This is at a time when per capital revenue growth continues to increase and, more importantly, is becoming broader based. It would be surprising if gasoline consumption growth up to 2010 was less than 28% and more likely to be nearer 30%.
© InterFax-China 2007.
This article comes from Interfax China Commodities Daily, a daily digest produced by Interfax News Agency in Mainland China. To receive 10 free copies of this, please e-mail david.harman@interfax-news.com.
China's Gasoline Consumption to Increase 24% by 2010
By David Harman
22 Mar 2007 at 11:45 AM GMT-04:00
SHANGHAI (Interfax-China) -- China's gasoline consumption, spurred by a soaring demand for cars in the world's fastest growing economy, will reach 65.44 million tonnes by 2010, which is a 24.7% increase from 2006, an official from a state industrial planning organization said during an oil trade summit held in Guangzhou.
The country's use of gasoline reached 52.47 million tonnes last year, an 8.4% year-on-year growth, after the year's car sales jumped 27% to hit 7.2 million. The forecast for this year's growth is 18%, according to Bai Xuesong, senior engineer with China International Chemical Consulting Corp., which is overseen by the state-owned Assets Supervision and Administration Commission.
China produced 55.91 million tonnes of gasoline last year. Its largest producers include fourth-largest state oil company Shaanxi Yanchang Oil Group, which is also part of a conglomerate of Shaanxi's major local oil drilling and refining plants, Dalian Petrochemical, under the country's top oil company China National Petroleum Corp., and Zhenhai Refinery of Zhejiang province, which operates under China Petroleum and Chemical Corp., Asia's largest refiner.
The country's gasoline exports fell 37.7% to 3.5 million tonnes last year. The decrease occurred because soaring international crude prices, combined with the government's artificial control of oil product prices, made refining a money-losing business.
Out of China's total gasoline exports, 43% was sent to Singapore last year, followed by Indonesia with 26.21% and Vietnam with 18%.
Fuel oil futures gained upward momentum towards RMB 3,082 (US$399) after crude oil futures hit the highest level of the week overnight in expectation of growing crude demand from refineries after seasonal maintenance work.
Fuel oil futures in Shanghai normally track the performance of crude oil, which continued to consolidate at the $60 a barrel level.
"We expect the crude prices to continue strengthen in the following sessions," said Song Bo from Sanli Futures.
Commentary
A major danger of underestimation in these consumption forecasts. They are assuming a slowdown in growth in the auto industry and no increased usage of existing vehicles. This is at a time when per capital revenue growth continues to increase and, more importantly, is becoming broader based. It would be surprising if gasoline consumption growth up to 2010 was less than 28% and more likely to be nearer 30%.
© InterFax-China 2007.
This article comes from Interfax China Commodities Daily, a daily digest produced by Interfax News Agency in Mainland China. To receive 10 free copies of this, please e-mail david.harman@interfax-news.com.
Weekly? I thought it was monthly? Ohhh..LOL
This week, the triple threat is DPDW, CTUM, ALRY
Count me in. Thanks stock analyzer!
DOMESTIC OIL>>>>ALRY this week!
Now is the time!
Three undervalued gems!
HEMI Great support
ALRY double bottom breakout
NVMG great leases 60+wells
Visit the boards for more info
1step
Please keep all posts BANY related,
any discussions OT will be deleted,
Thank you 1step
Great information! Thanks everyone, Im very excited to see what next week has in store for us! 1step
Closing green today would be a very bullish indicator. 1step
The ol mexican standoff!
It seemed there were a few T/A's who called yesterdays dip citing not enough volume to push through, those who forecasted, sold high and bought back in low(Energyman), and are now calling for clear skies ahead. Here's the comparison Lowtrade used, 4 white candles, dip, and then continuation.
Since Im the only one here. WEEEEEEEEE! LOL
These rigs can rework a well in 5 to 7 days, each! We have 60+ wells to rework, with 2 rigs and 5 million dollars, my guess is we move higher in 3 months...much higher, my guess .12