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another buy op today, boo-yah!
thanx AL and IP! all those Renfro's
were getting me mixed up haha
roger roger
do a PDF to Word conversion and then copy
paste them out of Word over to ihub.
is James M Renfro related to James R Renfro
since they are both in the texas oil area at this time?
and what is the deal with Renfro Holding, Inc.?
prez is James R Renfro
thanx AL!
renfro's time at omni
The Company specializes in the purchase, rework and enhancement of properties in proven oil and gas fields. This business methodology offers lower potential risk and higher potential returns, often in shorter time periods, than through traditional means of oil and gas exploration. To date, Omni has assembled, and is reworking, a portfolio of eleven oil and gas fields throughout Texas, Louisiana and Oklahoma with over 100 wells producing, or capable of producing, and net proven future oil and gas reserves valued at over $60 million.
hmm looks like a diff Renfro
and he too is working wells
in texas? maybe a cousin or twin?
there is a JAMES M RENFRO
and our JAMES R RENFRO haha
strange
Scott A. Haire 46 Chief Financial Officer and Chairman
James M. Renfro 64 President
64 years old
James M. Renfro — Mr. Renfro has served as President of the Company since August 28, 2006. Mr. Renfro began his management experience with a tour in the U.S. Marines in Vietnam where he received several decorations, which included three Purple Hearts for wounds in combat. Mr. Renfro earned his BS degree in Business and Governmental Accounting from Cumberland College in Williamsburg, Kentucky with additional studies toward an MBA at both Morehead State and Eastern Kentucky Universities. Afterwards he worked for the Kentucky Democratic Party and the Jefferson County Government. He next secured a position with Rockwell International where he worked for over 20 years. During his tenure with Rockwell he served in key management roles in areas of production, accounting, quality control, as well as sales and service.
does anyone know if this is
a diff company and what it contains?
RENFRO HOLDING, INC.
maybe i missed the posts on this.
thanx
/s/ James R. Renfro
James R. Renfro, President
Renfro Holding, Inc.
march 10th, BRZL will acquire an oil producing property with potential development and exploration oil reserves exceeding one million barrels based on subsurface well control and Three Dimensional Seismic data.
that will be a long wait
just a guess
bayside (BYS*) has something going on
as well.
perhaps BRZL will be merged together
with BYS*, along with Renfro Energy,
one big free for all.
it's late night, so it's
just a guess
"With approximately 20 percent of American oil production and 10 percent of American natural gas production coming from marginal wells, they are America's true strategic petroleum reserve."
it's all about the CEO 4 me.
Renfro is top-notch and i
wouldn't be here otherwise.
i find it highly improbable
that he would blow away his 25+ year
reputation on a penny stock hustle for a few
dollars vs. having big plans for it.
and i bought some
a lot of us have free shares
and are also holding 35 to
38 pps shares.
it's all good if one played it right.
this has been a great swing trade
and long term hold, i am betting.
the ones that are complaining the loudest
here are either shorts or they bought too high.
let them blast the BRZL pps to hell if
they need to, and i will still be here in the green.
not sure if numbers are current
these may be 2006 figures
Proven oil reserves in the United States are 21 billion barrels (3.3×10^9 m3), excluding the Strategic Petroleum Reserve.
The U.S. Department of the Interior estimates the total volume of undiscovered, technically recoverable prospective resources in all areas of the United States, including the Federal Outer Continental Shelf, the 1002 area of the Arctic National Wildlife Refuge, the National Petroleum Reserve–Alaska, and the Bakken Formation, total 134 billion barrels (21.3×10^9 m3) of crude oil.
This excludes oil shale reserves, as there is no significant commercial production of oil from oil shale in the United States.
The United States maintains a Strategic Petroleum Reserve at four sites in the Gulf of Mexico, with a total capacity of 727 million barrels (115.6×10^6 m3) of crude oil. The maximum total withdrawal capability from the United States Strategic Petroleum Reserve is 4.4 million barrels (700,000 m³) per day. This is roughly 32% of US oil imports, or 75% of imports from OPEC.
The United States Geological Survey (USGS) estimates undiscovered technically recoverable crude oil onshore in United States to be 48.5 billion barrels (7.71×10^9 m3)
The United States has the largest known deposits of oil shale in the world, according to the Bureau of Land Management and holds an estimated 2.175 trillion barrels of potentially recoverable oil.[13] Oil shale does not actually contain oil, but a waxy oil precursor known as kerogen. There is no significant commercial production of oil from oil shale in the United States.
INTERESTING ARTICLE
FREEPORT, Texas A swamp near here is one of the most secretive places in America. There are no signs, just a 500-acre complex protected at all times by 30 armed guards in combat fatigues patrolling in sport utility vehicles.
This is part of the world's largest and most expensive filling station, the U.S. Strategic Petroleum Reserve, where a large portion of the government's nearly 700 million barrels of oil are stored in underground salt shafts that are supposed to be stable for the next thousand years or so.
Security at the complex has improved in the past three years. Visitors are required to be U.S. citizens, a rule waived recently when technicians from Russia and India toured the site as part of studies toward creating their own reserves.
American taxpayers have invested some $20 billion to build and stock this reserve - and three others in hidden locations - since it was created in 1975 in response to the Arab oil embargo. And now, after 29 years, it is finally about to be filled up to the brim for the first time.
"For a while it seemed like no one had heard of us and then, boom, we're on the radar screen," Gregory Magallanez, site operations specialist at the Strategic Petroleum Reserve, said in an interview. Usually the only unannounced visitors here are white egrets or the occasional seagull, Magallanez said. "The attention is a little worrisome sometimes."
After September 11, 2002, President George W. Bush decided to fill up the reserve to its maximum, in hopes of creating an insurance policy in the event of another oil shock.
"Say you wake up one day and there's been an Iranian-style revolution in Riyadh," said David Pursell, an expert on the reserve and a principal with Pickering Energy Partners, an energy investment company in Houston. "You simply wish you had more oil."
The question of ensuring a secure energy supply has taken on added significance in the last year, as terrorist groups have targeted petroleum infrastructure in Iraq and Saudi Arabia, and two other major oil exporters, Nigeria and Venezuela, have been hit by political turmoil.
China's growing appetite for oil has added to the jitters about the global oil supply. So, even though the reserve will soon be filled, there is no sense that it has provided the country with enough of a cushion in the event of a severe disruption in oil supplies. Altogether the reserve would only cover about two months of the country's imported oil needs.
But the notion of building a secret reserve seems to have encouraged other countries to fortify their own energy storehouses. Japan, South Korea, Taiwan and Germany already have theirs. China, which surpassed Japan in the past year as the second-largest importer of oil, and India, which is competing with China for oil supplies in some developing countries, are also moving ahead with plans to build their own strategic oil reserves. Even Russia, the largest oil producer, is considering building one.
Energy experts expect the new reserves to largely be modeled on the American system, which includes three other locations in Texas and Louisiana in addition to the site here southeast of Houston, built on a swampy hill called Bryan Mound. It is the reserve's largest complex with 232 million barrels of crude oil stored almost entirely underground in immense salt domes.
"We should consider increasing the reserve even further after it's full," said Bill Richardson, a former energy secretary in the Clinton administration and now governor of New Mexico. "I also think we should creatively find ways of releasing oil from the reserve while working together with OPEC, in an effort to bring prices down. OPEC's in a box right now and because of our continuing dependence on imported oil, so are we."
Part of the energy bill Congress will be considering next year would increase the reserve in the United States by another 300 million barrels, bringing the entire U.S. reserve system to 1 billion barrels.
Still, criticism has plagued the costly system since it was created three decades ago. Energy industry executives estimate that since then the government has spent more than $20 billion to build the system and keep it stocked.
Only about 100,000 barrels a day go into the United States reserve out of worldwide consumption of 82 million barrels a day. The United States consumes about 20 million barrels of oil a day, or about a quarter of global consumption, so at its current level of about 671 million barrels the reserve would provide the equivalent of just two months of crude imports.
Still, it is impossible to know exactly how a complete withdrawal of the reserve's oil would play out since that has never happened before. Altogether, technicians at the reserve estimate it can release a total of 4.5 million barrels a day, falling substantially short of current domestic consumption. The two largest withdrawals were 17 million barrels during the Gulf War in 1991 and 30 million barrels in 2000, neither of significant size or duration.
Releasing oil from the reserve to ease prices had mixed effects in late 2000, with prices dropping from $37 a barrel to $30 in September 2000 in the days after the first oil flowed out of the reserve but recovering to $36. Oil prices then declined to about $32 a barrel by December 2000.
From time to time the Energy Department also releases small amounts of oil from the reserve to address temporary supply interruptions, as it recently did when delivering oil to refineries in Texas after Hurricane Ivan knocked out production at some offshore platforms in the Gulf of Mexico. The salt domes in Freeport were originally created by Dow Chemical to store magnesium.
The reserve here functions differently than systems in countries such as Japan, where private companies are required to store oil and refined gasoline to complement the government's own inventories. In the United States the reserve consists almost entirely of unrefined oil acquired directly from producers instead of purchases of the oil on the open market.
The government takes the oil in place of royalty payments energy companies normally make to drill on public land, though some imported crude also goes to the reserve through exchanges to acquire a variety of blends of crude.
good deal!
i have mentioned
here many times over last few months
with charts as well, that accumulation
continues. follow the $
is the ticker symbol
of the other shell known?
i will be buying on the 23rd AL
also great recent DD
thanks a bunch!
printing 79s!! boo-yah!
high of day 75s PRINTED
a lot better than
end of days
73 x 79 nicely
some were saying 21 and some 22
but i think i will hang around
and buy more BRZL on the 23rd
greed will bring lotsa folks
back into BRZL, you can depend
on it.
looking good, not the end of the
BRZL world until may 22nd haha
if this is the worst
that they can do to BRZL
it's gonna be a piece of cake
holding this.
still have an inventory of 38s
adding more this week
doesn't really matter where it ends up
short term, when Renfro makes his move
it will pay off.
that's why i am here, Renfro is
running the show and i trust his
track record.
right, the flood is much
farther down the road,
BRZL is solid
for the doubters, use Google
Earth
Brisk like Lipton Tea Kooks
go BRZL!!
thanks for the cheapies today
sellers
got my cheapies below 7, BRZL 75 now GO BRZL!! hehe
this is great, buy it up
go BRZL!
back up the truck, time to buy
more maybes, buts, ifs
this is the 3rd day now
that i have seen a wide bid/ask spread,
BRZL is trading differently
now, at the moment.
as always he has a lot
of MAYBES and buts and
assumptions in there,
"Maybe the money guys realize giving money to BRZL is just JR paying himself.
hahaha, cute but a big maybe, "the money guys"
"Maybe that's why he has been trying to raise this money unsuccessfully since June 2010."
you dont know what Renfro is doing, you dont have a clue
"Bottom line if they can't raise the money they'll just keep extending the deadlines indefinitely."
You dont have a bottom line, this is all assumption painted negatively.
"Good thing JR has a full time real job and is not counting on BRZL'
this is old and stupid, how many times are you going to repost
and repaint this
i know what your agenda is, it's obvious
Renfro Energy References
this is no scammer
Phillip Hart friend for 30 years
Tim Washington friend for 15 years
James D. Dworkin friend for 10 years
Chris Clark friend for 18 years
Gary Duncan friend for 10 years
Samuel Masur friend for 3 years
KEY INDIVIDUALS
renfro site
Mr. James R. Renfro, 51, owner and managing member of RE, has been in the oil business since 1981 with the exception of two years in business school at The University of Chicago obtaining his MBA (Finance) and three years in New York City as an investment banker in the corporate finance department at Dean Witter Reynolds Inc./Morgan Stanley. His oil and gas background includes six years with Exxon Company, USA as a petroleum engineer, one year in the Strategic Planning group of Shell Oil, two years as an energy investment banker with EnCap Investments, two years as CEO of a small pubicly traded company, Omni Oil and Gas, Inc., and 18 years as owner and operator of independent oil and gas companies.
Mr. Philip E. Hart, 53, consultant, has over 30 years experience managing and optimizing oil and gas operations in California, Texas, Louisiana, Illinois, Florida, Indonesia, Saudi Arabia, Libya and United Arab Emirates. Mr. Hart is currently President and owner of Omega Technologies, Inc. and Excalibur Ventures, Inc., Seabrook, Texas. From 1996 to 2000 Mr. Hart was President of Plains Illinois, Inc., Bridgeport, IL. Plains Illinois Inc. operates over 2,200 active wells with 70 company and contract employees. Mr. Hart earned a B.S. (High Honors) in Mechanical Engineering from Auburn University, Auburn, Alabama.
Mr. Neil Sutcliffe, 59, consultant, has significant expertise in many aspects hydrocarbon geology and geophysics. His experience includes extensive field studies to optimize development and exploration opportunities. Design and steer horizontal wells, overseeing MWD and mudlogging operations. Formulate bids on property acquisitions. Generate detiled structure, isopach and reseroir maps utilizing subsurface, seismic, and reservoir data. Mr. Sutcliffe has worked with various companies inclding Infiniti Energy, Magnum Hunter Resources, Inc., Prize Energy Corporation, CXY Energy, and Core Laboratories. Mr. Sutcliffe's educational background includes a B.S. in Geology from the University of London.
Mr. John L. Griffiths, Jr., 67, consultant, brings significant engineering expertise to the company. His experience in the oil business begins in 1954 as a reservoir engineer for ARCO. Throughout the years, he has been involved in most aspects of the oil industry including owner and operator of a drilling contracting company and an oil and gas operating company. Mr. Griffiths educational background includes petroleum engineering studies at Louisiana State University and a B.S. in Mechanical Engineering from Southern Methodist University.
Mr. Sam Nicholson, 60, consultant, provides accounting and financial controls for the company. Mr. Nicholson has been in the petroleum accounting industry since the late 1980’s. He has been responsible for financial and operational accounting for both publicly and privately held companies. He is a CPA and received his BBA Accounting in 1978 from the University of Texas at Arlington .
Welcome to Renfro Energy, LLC website.
We hope this website will provides you with a understanding of who we are and what we are accomplishing for investors and other interested parties.
We conduct our business in a honest manner with the highest integrity. Please feel free to contact me with any questions you may have regarding the rewarding investments in the exploration of oil and gas.
Sincerely,
James R. Renfro
even tho the website is
low key tech-wise, (and i dont care)
the content within the site is superb.
there is a wealth of info there
as well as an indication of huge potential
for a little penny.
i have been in BYS*
for awhile, as well as
BRZL, since Feb, and yes I think
something big is brewing.
BYS* was on the move again
today as well as last week.
i am sure BRZL is not far behind.
i gotta sense about these things.