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Spades and others, maybe it's time for a request to our board administrator requesting he review this person's posts and determine whether they be TOS'd. Too many posts being directed responded to some of their BS.
John
Thanks Breakthebank, good find. This company's specialization only reinforces to me how common a stuck tubular in a well is and why drilling will resume shortly.
Sorry for the typo Market. Yeah took your comment as an attempt to throw a subtle bit of doubt out to the RB board. Glad to hear I was wrong and hope your bet, whether anyone takes it is reached or exceeded. What do you base your expectations for tommorrow on? Just curious.
John
Brad, once again nice job in responding to the closet basher with facts. Did some dd myself on stuck pipe in a well and pretty common occurence, especially the deeper you go. 'Cardinal' comment not unsimilar to 'Marketbuy's "oh oh" comment on RB. And who said the bashers have not infilitrated over here?
John
Charlie- way to go!
John
t bone- RB is RagingBull.com stock message board
Thanks MSG, that's an excellent site. Here's a copy/paste from there regarding the 'casing' process. Nice diamgram too which could be pasted so go to the site if interested. Anyone no how how this step usually takes? http://www.glossary.oilfield.slb.com/Display.cfm?Term=casing
casing
1. n. [Drilling] ID: 1262
Large-diameter pipe lowered into an openhole and cemented in place. The well designer must design casing to withstand a variety of forces, such as collapse, burst, and tensile failure, as well as chemically aggressive brines. Most casing joints are fabricated with male threads on each end, and short-length casing couplings with female threads are used to join the individual joints of casing together, or joints of casing may be fabricated with male threads on one end and female threads on the other. Casing is run to protect fresh-water formations, isolate a zone of lost returns or isolate formations with significantly different pressure gradients. The operation during which the casing is put into the wellbore is commonly called "running pipe." Casing is usually manufactured from plain carbon steel that is heat-treated to varying strengths, but may be specially fabricated of stainless steel, aluminum, titanium, fiberglass and other materials.
See: box, brine, cased hole, casing grade, cement bond log, concentric, day rate, displacement, float joint, float shoe, joint, openhole, pin, scratcher, turnkey
2. n. [Well Completions] ID: 2553
Steel pipe cemented in place during the construction process to stabilize the wellbore. The casing forms a major structural component of the wellbore and serves several important functions: preventing the formation wall from caving into the wellbore, isolating the different formations to prevent the flow or crossflow of formation fluids, and providing a means of maintaining control of formation fluids and pressure as the well is drilled. The casing string provides a means of securing surface pressure control equipment and downhole production equipment, such as the drilling blowout preventer (BOP) or production packer. Casing is available in a range of sizes and material grades.
See: casing grade, casing joint
(Click to enlarge)
Casing strings
Aidan- I agree as well. Any RB board can deteroriate quickly. Also agree on the comment made taht co. seems to be going out of their way to keep shareholders aprised. For a small co. that is noteworthy. Thanks to all for all for sharing their DD here.
John
Press Release Source: Texhoma Energy, Inc.
Texhoma Energy, Inc.-Clovelly South Well: Running Casing and Drilling Ahead
Friday August 4, 8:30 am ET
HOUSTON, TEXAS--(MARKET WIRE)--Aug 4, 2006 -- Texhoma Energy, Inc. ("Texhoma") (Other OTC:TXHE.PK - News) announced on June 20, 2006 that drilling of the Allain-Lebreton No. 2 well had commenced. The well is nearing its objective and the operator of the well reported on August 3, 2006 that a "drilling break" was encountered from 14,275 feet to 14,280 feet. A "drilling break" is defined as encountering reservoir quality sand and pressure, in this case, gas is entering the well bore. The operator has raised the mud weight to 12.6 pounds per gallon to contain the pressure and continues circulating gas out of the hole before running 7 inch protective casing. It is anticipated that another 200 feet will be drilled to get through the objective "M" sand.
The Clovelly South prospect is located in Lafourche Parish, Louisiana adjacent to the Clovelly Field, which has produced approximately 35 million barrels of oil and 200 billion cubic feet of gas since its discovery in the 1950s. The prospective size is estimated at over 3.5 million barrels or the equivalent in gas. In the event of a discovery, facilities for the production of the well are available. A discovery could lead to the drilling of several development wells on the 1260 acre property.
Max Maxwell, President & CEO, said, "We are totally committed to delivering the highest value to our shareholders. Opportunity is upon us to benefit from the high oil and gas prices to deliver the best possible returns to our investors."
Texhoma is committed to the application of innovative technologies and strong management skills towards the discovery and development of a diverse portfolio of high value, low risk oil and gas projects. The company is actively pursuing opportunities in Texas in and Louisiana.
Safe Harbor Statement: "This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein."
Contact:
Contacts:
Texhoma Energy, Inc.
Peter Wilson
Investor Relations Inquiries
(604) 629-8603
Aidan- just saw that as well on the wires. This is excellent news. If this doesn't stir some buying interest I don't know what well.
Never mind. Just checked and it's pretty active lol. Some of Brad's DD post already there as well. www.investorvillage.com
I requested that they add one there right after the name change and RB's major non-response to posters requests to change. Another stock board I follow was on Yahoo and new format drove alot of people over to Investor Village. I agree, I like the format over there as well. Maybe some of us familair with it can repost some of the DD to date from here and RB over to IV board.
Par
RB Request a MXXR Board- Message from Brad
The request new board link seems to be working now on the home page and is not sending an e-mail back to you stating mail undeliverable anymore. I suggest everyone go there and request a new board for MXXR. When you fill in the first page and submit, a Q&A page then comes up. Make sure to scroll down and hit submit again. We need a new MXXR board and need to get of this VNBL board where no one can find us.
Brad
Par
Same hear snake.
Par
Nice job Kraigger! But Penny and her charts? That girls already got a big head and your are going to make her a diva. LOL
Emailed IR for an update on a few things. Lets see if their quick response time continues.
Unusually quiet today on this as well RB boards. Web site didn't come up as planned either this past Monday as Mike @IR indicated. Is this the quiet before the perfect storm? Appears that the company's weak, limited PR yesterday, as well the statement regarding information suggests to me that something is up. Anybody else out there?
ghosking- KMA
Been following the action for the past hour. What the heck was this? Down 28% on no news?? Anyone feel this is a final shake before the next co. update?
Unless they have one already written and waiting for the ok to release it. That could be done by Mike with a quick call from his cell. Guess we will know when it does get issued.
Where did you get that info?
Amazing they would be taking this down on the brink of past and upcoming developments. Just incredible.
Let's do it Brad.
John
Maybe they know more than we do. I doubt they are there just to drop in. I suspect they were told to be on site. Remember their new web site is targeted to be launched Monday as well. We could be facing an onslaught of good news this week.
Yeah but try buying at the lower level. All smoke and mirrors.
I asked IR when they hoped to have the new web site operational. They responded that they hope by next Monday.
Trade2- I think this is going much higher than many of us think. IMHO.
Brad's back on RB. The drought is over.
Etrade does have MXXR in their system but shares in my account still not reflecting change from VNBL to MXXR. Hpefully they will complete this process Monday.
Raging Bull now back up.
Kraigger- my Etrade account looks like it has settled or is in the process. Some progress at least from what was displated on Friday. They are not using MXXR symbol yet but a numeric code that indicates Vinoble still but at least the shares and share price are correct. I did try to place an open order with that code and it will not accept so service is still not working yet. I'm hoping by Monday they should have the transition complete.
LOL. My sentiments exactly.
Brad-
Welcome back. You and your family ok? Must be as you are posting again. Nice to see this stock tracking this week like many hoped it would. Do you think that co. will issue anything yet today re: the name change?
Typically in a strong trading day this one has in the past, noved up strong in the last hour. Be interesting to see how today develops. Also hope that you get back on RB. Your presence would be a bullish sign lol and like I told you, I don't have much faith in RB's suspension policies. Best to take matters in your own hands.
John
Thanks Arbor
Link posted by Arbor on RB. Worthwhile reading.
Vinoble Provides Update on the Oil and Gas Prospect
[09/30/05]
Vinoble, Inc., a holding company seeking to identify long-term growth opportunities in the areas of homeland security, security information systems, and other security services is pleased to announce that pursuant to its news release dated September 9, 2005, the Company announced it entered into a Memorandum of Understanding to acquire a minority working interest in an Oil and Gas opportunity that is known as the Clovelly Prospect.
Located 35 miles southwest of New Orleans in the Lafourche Parish, the Clovelly Field is a late piercement salt dome that traps hydrocarbon from Late to Middle Miocene time. Since its discovery in 1950, the field has produced in excess of 30 MMBO and 200 GCFG. Reservoirs typically exhibit moderate water drives and benefit from water and/or gas injection. Stone has redeveloped the eastern flank of the field with additional drilling and water injection. Similar opportunities exist here at our proposed location.
The ORX Allain-Lebreton #2 will test an upthrown 3-way closure with multiple targets. Objectives range from the Cib Carst Sand at about 12,000' MD through the Lower Tex W (M Sand) at about 13,000' with possibilities of a deeper P Sand objective. The prospect is upthrown to a regional East-West trending fault system that traps production at Kings Ridge and Coffee Bay on both upthrown and downthrown sides of the fault.
Clovelly Field is trapped by a nearly vertical salt mass, which moved subsequent to Middle Miocene Tex W sand deposition. Very little gouge is seen surrounding the salt, and it is typical in the few deeper salt penetrations to see a normal sediment sequence abruptly terminated by salt. A number of shallow caprock/salt penetrations lie on the crest of the dome at depths of 1,100-1,200 feet. Four salt penetrations from 11,380' to 13,220' around the dome document extremely steep dips on the salt face.
Field production from the M Sand exceeds 25 MMBO and 120 BCFG. Extremely long hydrocarbon columns are seen around the dome broken into segments by radial faulting. It is notable that gas content of the fault segments increases from low GOR (less than 1,000-1) oil production with no gas cap in the south flank to oil with gas caps on the east and west flanks to gas/condensate reservoirs on the north flank with GOR exceeding 100,000-1. It is felt that as the salt mass moved upward activating radial faulting, oil migrated from the south and filtered through the faulting, producing the noted GOR gradient.
While the Company is currently seeking other opportunities to add value to its property holdings through acquisition, Vinoble views these additional assets will provide the Company and its shareholders a much-improved increase in shareholder value. The Clovelly prospect can serve as a valuable resource for Vinoble, both in asset value and in addition, it can serve as a testing and demonstration location for RFID and GPS applications and offer potential profitable returns.
RFID and GPS technologies will become valuable tools for the petrochemical industry and will offer protection of our country's natural resources and commodities against threat. Preservation of these materials is important to the safety of U.S. industry and economy.
The Company believes that offering such service and technology applications in the Oil and Gas industry will further position Vinoble in a rapidly expanding industry while taking advantage of access to the increasing capital and global spending that the Company will require for growth. The Company's goal is to also provide a much-needed service at a cost manageable to even the smallest of businesses that can't afford to do without the safety of its personnel and assets in this current state of constant threat.
Brad- excellent response to lowman. He's not in the same league as you its obvious. Waiting to see if he takes you up on your challenge. lol
John
You might not have a whole lot of opportunity to buy lower. Guess you have to determine your own risk/reward level. My opinion is there is more upside potential here than downside but you have to make your own call.
Brad- I thought buylows post was not sincere and borderline ridiculous. You've been posting some excellent analysis on VNBL as well other stocks you follow for quite some time. You have a knack for formulating solid DD and I as well as many others appreciate the insight you bring to these public boards. You've taken on a leadership role here whether desired or not based on your research and subsequent posts. As a result your going to unfortunately have posts like this periodically directed at you. Good response back and here's my request that you continue to share your insight which is very thought provoking.
John
Welcome on board Vic. Any questions let us know.
Hey Miles- sorry to hear about your RB problems but glad you got the word out that you are posting over here. Looking forward to what the next couple weeks bring.
John