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Rstrum~
Well, Rstrum, I can't speak for whether or not you're crazy, BUT.... lolol
Yes, I did see the 'TEST' link earlier, with the 'extra' info asked for.
However, I just registered on the actual, corrected link, and only your name, address, phone, e-mail & # of shares were required.
Looking forward to Friday!
Go UBRG!
MB
PR release on 7-5-2012
Bakken Resources Announces Purchase of Working Interest Participation in Archer County, Texas
PR NewswirePress Release: Bakken Resources, Inc.
RELATED QUOTES
Symbol Price Change
BKKN 0.40 0.00
HELENA, Mont., July 5, 2012 /PRNewswire/ -- Bakken Resources, Inc. (BKKN:OTCQX) ("BRI") is pleased to announce that on July 3, 2012, it completed a transaction whereby it purchased a 17% working interest participation in an oil well located in Archer County, Texas, referred to as the "3A" well. The 3A well is currently operated by Holms Energy Development Corp. ("HEDC"), an entity controlled by the Registrant's CEO, Val Holms. HEDC is selling BRI 17%, or approximately 1/3, of HEDC's current working interest in the 3A well, for an aggregate purchase price of $68,000. The purchase price is payable in two installments: one-half upon the completion of the transaction and one-half in 90 days thereafter. HEDC will continue to be the operator. The 3A well has been substantially completed with multiple hydrocarbon shows and is in proximity a recently completed and producing Ellenburger well that is also operated by HEDC.
The transaction relating to the purchase of the working interest in the 3A well was approved by a majority of both the independent and non-interested members of the Registrant's Board of Directors.
The 3A well is located at NE1/4SW1/4 of the W1/2 (W/2) of section 1, S.P.R.R. Co. Survey, A-428, Archer County, Texas Lat 33°47' 11.39" Long 98°44'20.52" elevation 1057.3'.
"We are fortunate to be able to share our recent success in the [4A] well with BRI in connection with this working interest purchase for the 3A," notes BRI CEO Val Holms. "We will continue to explore additional opportunities in Texas to supplement our existing royalty acreage in North Dakota's Williston Basin and the Alberta Bakken. This gives BRI a presence in the number 1 as well as number 2 oil producing states in the U.S."
BRI continues to experience successful activity in North Dakota's Williston Basin (commonly known as the Bakken region). Currently, there are 21 wells in various stages of development on the BRI acreage. Of the 21 wells, 13 are producing, 4 are being drilled and 4 are listed as confidential. BRI expects that the wells listed in confidential status will also produce. BRI has received payments to date from eight (8) Bakken wells and three (3) Madison wells.
A full listing of BRI's Williston Basin wells can be found on the Company website, www.bakkenresourcesinc.com. Such listing also contains the NDIC number for each listed well, allowing the user to obtain additional well information from the NDIC site (www.dmr.nd.gov/oilgas – note that some information requires a paid subscription).
ABOUT BAKKEN RESOURCES, INC.
BAKKEN RESOURCES, INC. is an oil and gas exploration/exploitation and development company with activities currently focused on mineral leases in North Dakota and Montana. This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, including among others, statements and projections regarding BRI's future financial position, operations, performance, business strategy, returns, budgets, reserves, levels of production and costs and statements regarding the plans and objectives of BRI's management for future operations, are forward-looking statements. BRI typically uses words such as "expect," "anticipate," "estimate," "project," "strategy," "intend," "plan," "target," "goal," "may," "will" and "believe" or the negative of those terms or other variations or comparable terminology to identify its forward-looking statements. In particular, statements, express or implied, concerning BRI's future operating results and returns are forward-looking statements. Forward-looking statements are not guarantees of performance. BRI makes no representation of the accuracy of any information presented or derived from any third party sites or information.
For further information please contact
Jim Kyle, Shareholder Liaison: (727) 265-7007
Interesting, (but looooong) story:
By David Alexander
WASHINGTON | Mon Jul 2, 2012 3:12pm EDT
(Reuters) - A U.S. Navy oiler slipped away from a fuel depot on the Puget Sound in Washington state one recent day, headed toward the central Pacific and into the storm over the Pentagon's controversial green fuels initiative.
In its tanks, the USNS Henry J. Kaiser carried nearly 900,000 gallons of biofuel blended with petroleum to power the cruisers, destroyers and fighter jets of what the Navy has taken to calling the "Great Green Fleet," the first carrier strike group to be powered largely by alternative fuels.
Conventionally powered ships and aircraft in the strike group will burn the blend in an operational setting for the first time this month during the 22-nation Rim of the Pacific exercise, the largest annual international maritime warfare maneuvers. The six-week exercise began on Friday.
The Pentagon hopes it can prove the Navy looks as impressive burning fuel squeezed from seeds, algae and chicken fat as it does using petroleum.
But the demonstration, years in the making, may be a Pyrrhic victory.
Some Republican lawmakers have seized on the fuel's $26-a-gallon price, compared to $3.60 for conventional fuel. They paint the program as a waste of precious funds at a time when the U.S. government's budget remains severely strained, the Pentagon is facing cuts and energy companies are finding big quantities of oil and gas in the United States.
Navy Secretary Ray Mabus, the program's biggest public booster, calls it vital for the military's energy security.
But to President Barack Obama's critics, it is an opportunity to accuse the U.S. leader of pushing green energy policies even if they don't make economic sense. The bankruptcy of government-funded solar panel maker Solyndra last year was a previous example of that, they say.
Senator John McCain, the top Republican on the Senate Armed Services Committee, expressed outrage over the costs of the fuel at a hearing earlier this year.
"I don't believe it's the job of the Navy to be involved in building ... new technologies," he said. "I don't believe we can afford it."
But the U.S. Defense, Energy and Agriculture departments are moving ahead with their plans, jointly sponsoring a half-a-billion-dollar initiative to foster a competitive biofuels industry.
Mabus and officials at the Energy and Agriculture departments announced on Monday that they would make $30 million in matching funds available for companies working to produce large-scale biofuels plants. A second phase sometime next year is expected to provide another $70 million in follow-on funding.
FIELD OF DREAMS?
The biofuels effort is one of the most ambitious Pentagon energy programs since then-Defense Secretary Donald Rumsfeld set up a task force in 2006 to find ways to reduce the military's fossil fuels dependency, involving more than 300,000 barrels a day.
"The reason we're doing this is that we simply buy too many fossil fuels from either actually or potentially volatile places on earth," Mabus told a conference on climate and security last month.
He says the Pentagon can use its buying muscle - it is the largest single consumer of petroleum in the world - to guarantee the demand needed for biofuel businesses to produce at a scale that will eventually drive down costs.
"We use 2 percent of all the fossil fuels that the United States uses," Mabus told the conference. "And one of the things that this means is that we can bring the market. And to paraphrase the old 'Field of Dreams' line, if the Navy comes, they will build it."
Mabus, a former Mississippi governor and ambassador to Saudi Arabia, aims for biofuels to supply about half of the Navy's non-nuclear fuel needs by 2020, about 8 million barrels a year.
His main tool in pushing the effort is the Defense Production Act, a measure passed in 1950 in the early stages of the Korean War to help the president mobilize the civilian economy for the war effort.
The act lets the Pentagon provide funding or loan guarantees to ensure production of critical defense needs. Since the 1970s it has been used to do things like bolster beryllium production and develop a specialized integrated circuit.
AT WHAT COST?
But the initial small-batch cost of some biofuels has raised eyebrows on Capitol Hill, even among lawmakers used to dealing with billion-dollar defense cost overruns.
The Pentagon paid Solazyme Inc $8.5 million in 2009 for 20,055 gallons of biofuel based on algae oil, or $424 a gallon.
Solazyme's strategic advisers, according to its website, include T.J. Glauthier, who served on Obama's White House Transition team and dealt with energy issues, but also former CIA director R. James Woolsey, a conservative national security official.
For the Great Green Fleet demonstration, the Pentagon paid $12 million for 450,000 gallons of biofuel, nearly $27 a gallon. There were eight bidders for that contract, it said.
Republican lawmakers are pushing measures that would bar the Navy from spending funds on alternative fuels that are not priced competitively with petroleum and are accusing Mabus of failing to provide Congress with a full analysis of the cost and time it would take to create.
"They couldn't answer some of the very fundamental questions that you would want on that issue," said Randy Forbes, a Republican on the House Armed Services Committee who says studies show that biofuels would always be more expensive than petroleum.
Mabus rejects the criticism, saying that as production rises, costs will come down. He notes that prices have fallen dramatically over the past few years, even with the Navy buying only small test batches of alternative fuels.
"Of course it costs more," he told the climate conference. "It's a new technology. If we didn't pay a little bit more for new technologies, we'd still be using typewriters instead of computers. ... And the Navy would never have bought a nuclear submarine, which still costs four to five times more than a conventional submarine."
CHICKEN FAT
Alternative fuel manufacturers see two promising avenues for creating so-called "drop-in" fuels that can be used in petroleum engines without any changes to the system. For now, they both have drawbacks.
One, called the Fischer-Tropsch process, is used to convert coal, natural gas or biomass into fuels. But the side effect is high levels of greenhouse gas emissions, said James Bartis, an energy researcher at the RAND Corporation think tank who has analyzed the Pentagon's alternative fuel effort.
Alternatively, lipids and fatty acids produced by animals and plants can be treated with hydrogen in a refinery process similar to that used for oil to produce fuel, Bartis said.
Camelina seeds, rendered chicken fat and algae oils are some substances currently being used in this process, and they produce a very clean-burning fuel, Bartis said.
The problem, he said, is that most of the seed- and animal-based oils cannot be produced at the scales the Pentagon needs.
The United States consumes about 19 million barrels of oil per day, with the Pentagon using about 321,000 barrels per day in 2011. Bartis estimated maximum fuel production using chicken fat would be about 30,000 barrels per day, while camelina seed might eventually produce 40,000 to 50,000 barrels daily.
"That's a drop in the bucket," he said. "It's a dead end. You can't make much."
He said algae appeared to offer the best potential for large-scale production, but current efforts were aimed at genetically modifying algae to be more efficient.
"It's not a tomorrow problem," he said. "It's a decade away."
ALL OF THE ABOVE
The Navy disagrees. Instead of focusing on one feedstock, it is pursuing an all-of-the-above approach, open to using any biofuel that meets its specifications, regardless of whether it is produced with seed oil, animal fat or woody biomass.
"We need to pursue all the ones that seem to have promise to be able to deliver for us," said Tom Hicks, deputy assistant secretary of the Navy for energy. "What we're trying to say is if it can meet the criteria that we have ... then we're an interested buyer. And so that leaves open a whole range of opportunities."
So far the Navy has used fuels based on algae, camelina, agricultural waste oils and food waste oils, Hicks said in an interview. Municipal solid waste could be an option at some point, as could woody biomass, he said.
He said researchers estimate that some biofuels could be cost-competitive before the end of the decade once they move to large-scale production.
A Defense Department study conducted with LMI consulting last year noted the Pentagon could take steps, like long-term contracting, that would speed up creation of a competitive biofuels market by providing certainty to growers and helping manufacturers gain access to capital to build refineries.
"Although DoD has requested 20-year contracting authority, similar commercial industry efforts have suggested that even 10 years would represent the tipping point for more mature renewable fuel producers to obtain financing to build the necessary infrastructure and plants," the report said.
Some industry participants believe Mabus is correct in asserting that the Navy's purchasing clout and other powers can be used to create a breakthrough in the biofuels industry that will eventually lead to competitive pricing.
"We've actually looked at that precise question and we believe they can in fact create that market," said Dr. Ray Johnson, a senior vice president at Lockheed Martin, which is looking at investing in the Navy's proposals.
Mabus remains undeterred in his pursuit of alternative fuel.
The Navy has been at the forefront of energy innovation for over a hundred years, Mabus says, transitioning from sail, to coal, to oil and then to nuclear from the 1850s to the 1950s.
"Every single time there were naysayers," he said recently. "And every single time, every single time, those naysayers have been wrong, and they're going to be wrong again this time."
(Editing by Warren Strobel and Eric Walsh; Desking by Cynthia Osterman)
UGH! For goodness sake, DRILL baby, DRILL!
OOPS! sorry, MyBad! The market closes at 1 pm. today, not noon like I previously posted.
MB
U.S. Stock Markets closed @ noon today....
But this is not an Aussie holiday, so they should still be open tonight & tomorrow, (their Wed. & Thur.), if you are inclined to follow their SSN board.
http://www.asx.com.au/asx/markets/equityPrices.do?by=asxCodes&asxCodes=ssn
MB
Rstrum, We'll undoubtedly get some of each of those; the real question is... how much of each will we get?!?! lol
Lets hope we have a good week.
MB
Another good trading start down-under! Opened @ .o56
MB
Hi LGL, I was looking at the board that you MOD, CAZA GOLD, would you like to tell us a little about it... I can add it to our Ibox discussion list here if you like.
I'll even offer to spice up your CAZA Ibox a bit for you; add stuff from their website, and/or related items, etc... Don't be afraid to say 'no'.
MB
Thanks for the reply SLO-
I still own a few shares of this junk, have had it for a loooooong time;
haven't looked at it in aaaaaaages. Was just curious if anyone knew anything other than the sh-hldrs got screwed....
It would cost me more to get these things off my account than they are actually worth...lolol,
Hope you're doing better elsewhere!
Thanks again,
MB
UK study: Good practice, regulation make fracing safe
HOUSTON, June 29
06/29/2012
By OGJ editors
Hydraulic fracturing, properly managed and regulated, can be conducted in the UK without threatening groundwater or creating risks of serious earthquakes, according to a joint study by two British research groups.
“Hydraulic fracturing can be managed effectively in the UK as long as operational best practices are implemented and robustly enforced through regulation,” concluded a review, funded by the government’s Office of Science, by the Royal Academy of Engineering and Royal Society.
The study deemed “very low” the risk that induced fractures would propagate from shales deeper than “many hundreds of meters” to overlying aquifers. More likely causes of contamination, it said, are faulty wells and spills associated with surface operations.
“Neither cause is unique to shale gas,” it said. “Both are common to all oil and gas wells and extractive industries.”
On earthquakes, the study’s findings parallel recent findings by the National Research Council in the US and by a government review in the UK of a study commissioned by Quadrilla Resources Ltd. of seismicity induced by hydraulic fracing in Northwest England (OGJ Online, June 15 and Apr. 17, 2012).
The new study said seismic events caused by fracing are likely to be weaker than those associated with coal mining, which are weaker than natural seismicity.
The study made a number of recommendations, many addressed to regulators and research groups. Recommendations directly addressing or involving operators include:
• Site-specific monitoring of methane and other contaminants in groundwater before, during, and after shale gas operations.
• Development of arrangements for monitoring abandoned wells.
• Well-integrity tests, such as pressure tests and cement bond logs.
• Monitoring of seismicity before, during, and after hydraulic fracturing.
• Sharing of data with government officials to establish a national database of shale stress and fault properties to assist with identification of well locations.
• Monitoring of potential leakage of methane or other emissions to the atmosphere before, during, and after shale gas operations.
• Implementation of methods for minimizing water use.
• Recycling and reuse of wastewater where possible.
• Planning “from the outset” for treating and disposing of wastes.
• Environmental risk assessments.
• Goal-based risk assessment to reduce risk to “as low as reasonably practicable.”
• Mechanisms to allow reporting of well failures and other accidents between operators.
MB
http://www.ogj.com/articles/2012/06/uk-study-good-practice-regulation-make-fracing-safe.html
Wilma,
Good perspective!
DOI announces proposed final 2012-17 OCS leasing program
WASHINGTON, DC, June 28
06/28/2012
By Nick Snow
OGJ Washington Editor
The US Department of the Interior released its proposed final 2012-17 US Outer Continental Shelf leasing program that it said makes areas with the most likely recoverable oil and gas resources—including tracts off Alaska’s Arctic coast—available over the next 5 years. Oil and gas industry associations immediately said the program fell short by not including any new regions.
“This is a good plan. It’s a smart plan. It’s aggressive,” Interior Sec. Ken Salazar told reporters. “This program will make all the high-potential areas available. It includes 15 potential lease sales in 6 offshore areas in the Gulf of Mexico and off the coast of Alaska. The guiding principle was to develop a program that is regionally tailored and accounts for each region’s distinct needs.” The proposed final plan will be submitted to Congress for 60 days for review and recommendations, after which the secretary can make it final.
Salazar and Tommy P. Beaudreau, director of the US Bureau of Ocean Energy Management, emphasized that a targeted approach would be used in Alaska’s Arctic offshore areas that would differ from the area-wide leasing planned for the central, western, and portions of the eastern Gulf of Mexico that have not been congressionally deferred.
“The western and central gulf are still the crown jewels of the US OCS,” Beaudreau said. “In light of the mature infrastructure to bring resources to market and respond to emergencies, we scheduled alternating area-wide sales in alternate years. We also scheduled two sales in the eastern gulf area that has not been congressionally deferred.”
Offshore Alaska, particularly in the Chukchi and Beaufort seas, requires more study not just of potential resources and their extent, but also of potentially conflicting environmental conditions and existing native subsistence activities, he continued. “We have set forth targeted leasing for areas of the Alaskan Arctic, specifically developing information about resource potential and lining it up against environmental and cultural requirements,” Beaudreau said.
Cautious approach
“We are taking a cautious approach to leasing in the Arctic that accounts for [its] unique environmental resources and the social, cultural, and subsistence needs of Native Alaskan communities, and draws from the best available science as well as any new information that we may learn from activity on current leases,” Salazar said.
“We want to make sure that when those lease sales are held—and I expect they will be held—we have deconflicted uses before we put [tracts] on the auction block,” he continued. “This is similar to the approach we have taken onshore and with wind energy projects.” A sale has been scheduled in the Cook Inlet area farther south as well as the two announced for the Chukchi and Beaufort seas, he noted.
Oil and gas groups immediately criticized the plan. “[It] will not allow us to realize the full benefits from safe and responsible development of America’s oil and gas resources, continuing a pattern of delay and unnecessary restraint,” said Erik Milito, the American Petroleum Institute’s upstream and industry operations group director. “For example, this plan pushes back the 2015 Beaufort lease sale, where leasing has already occurred, and makes more areas off-limits than it makes available.”
National Ocean Industries Association Pres. Randall B. Luthi said, “This deeply disappointing ‘no new access’ plan does not reflect the comprehensive, ‘all of the above’ energy policy touted by the administration, nor does it keep pace with the energy policies of foreign nations that are expanding their offshore access to develop badly needed oil and gas.”
He maintained, “Taking the entire East and West coasts off the table and further delaying Alaska sales clearly shows this administration is not following its own advice to lessen our dependence on foreign sources of energy by bolstering production here at home.”
‘Same tired path’
Daniel T. Naatz, the Independent Petroleum Association of America’s vice-president of federal resources and political affairs, said the proposed final plan was deeply disappointing. “Despite bipartisan entreaties from Virginia's top elected officials, for example, [DOI] refuses to lease the promising offshore waters of that state,” he told OGJ by e-mail. “Rather than taking the opportunity to take bold action, the Obama administration chose to follow the same tired path for American offshore exploration.”
Virginia Gov. Robert F. McDonnell (R) also expressed disappointment in the state’s exclusion from the final proposed 5-year plan until 1917 at the earliest. “This administration shows no confidence in the creative and ingenious American private-sector to innovate and overcome obstacles in pursuit of energy development and job creation, nor any confidence that [President Barack Obama’s] own administration can safely regulate offshore drilling, which has been done for 40 years in the Gulf of Mexico,” he said. “This is giving up on a job-creating industry, which is not the American way.”
Asked why a lease sale off Virginia was not included, Salazar said there is no current information about potential resources off the Atlantic coast to make credible leasing decisions. Potential conflicts with military, commercial fishing, and other existing activities off Old Dominion’s coast also need to be addressed, he indicated. “Our approach is we need additional information, and we’re not afraid to begin seismic efforts in the Atlantic,” he told reporters. “We are leaning into the development of additional information so we can make those decisions in the future.”
Beaudreau said BOEM has closed the comment period for a programmatic environmental impact statement covering proposed seismic activity. “We can move ahead once it is completed late this year or in early January and we have designed appropriate mitigation measures,” he said. “As the secretary noted, this is important information to collect. We need to understand what the resource potential is as well as where it might be so we can deconflict any potential oil and gas activity with commercial fishing, military, and other existing activities.”
The proposed final program also drew fire from environmental and other groups over its planned Arctic Alaska activities. “We are disappointed that the Obama administration’s final 2012-17 offshore program will include the two new Arctic Ocean lease sales despite the opposition of nearly half a million people, including many who live on America’s Arctic coast,” said Kristen Miller, the Alaska Wilderness League’s government affairs director. “The conservation community has long called on the Obama administration to implement a comprehensive management and conservation plan for America’s Arctic before allowing any further steps toward drilling in this fragile ecosystem.”
Andrew Hartsig, the Ocean Conservancy’s Arctic program director, said the group appreciated DOI’s pledge to use a targeted leasing approach in Alaska’s offshore Arctic waters. “As Interior decides whether and under what conditions to hold future Arctic lease sales, it should consider only those areas where scientific and other evidence show that oil and gas activities can be conducted without harming the ecosystem or opportunities for subsistence, and it should proceed with lease sales only when the risks are outweighed by the benefits,” he said.
Contact Nick Snow at nicks@pennwell.com.
$$$ GREENAGE! $$$
(now it's just gotta hold!)
A bit of pre-mrkt buying might just give SSN a green start today!
MB
The Aussies seem to be liking this latest operational advisory report that SSN put out. It's about time!
MB
EXCELLENT DD/post Karl, High-5 for your efforts!
MB
Good afternoon J,
I have added another link in the right column, I think it's another good one for 'newbies'. Would you like me to add this link, Dirty Tricksters, that you have posted? No problem extending the tablet to fit, or can you suggest any other type of list that would be beneficial to new traders?
Cavr in the toilet again.... Damn!
Oh well, still won't make me sell.... holding long!
MB
Wilma,
I liked this part the best, of their latest PR today:
I'm holding right along with you Wilma, but please remember to add the "JMO" to your posts to stay safe.
MB
The timeline has changed for the UBRG divi shrs
The date of record as it turns out will be July 13th, NOT the June 13th that they 1st announced. I guess I have more time to buy more shares.
The same thing happened last year, they started with a June tentative date of record then it finally got changed to a formal date in July. I don't expect any problems with this divi.
MB
Hey J,
Thanks for the link. I'll check it out... it IS in my price range....lol!
Also... about that craft project... Uh... I'm NEVER done; I just move on to the next item... I have this little problem with a creative brain that simply... NEVER SHUTS OFF!!! I even work on things while I'm at my desk checking the stck mrkt. lolol!
Glad to see CAVR at least end where it started and did not loose any ground,
even with 3 PR's today, my poor UBRG took a dump... Oh well!
MB
Yes Johnsyn, I saw that paid part right off, but still.... newz is newz! Also, it did spark a little action on the pps this am, altho it's down now.
I was bored this am, so I added a "Newbie's Corner" to the I box, check it out.. if you don't want it, clear it, or let me know and I will. If you think there is anything else that should go there... let me know.
MB
Has anyone spoken to the company anytime recently?
Found this UBRG report on TDAmeritrade:
PremierEquityReports.com: Universal Bioenergy to Cash in Big on Natural Gas, a Truly Undervalued Commodity
8:30a ET June 26, 2012 (Market Wire)
PremierEquityReports.com, the U.S. leader in equity reports, offers quality reports to investors looking for the most undervalued companies in the market. Premier Equity Reports provides its subscribers with timely information and exclusive analysis on U.S. companies with substantial upside potential. Premier Equity Reports is the #1 free financial newsletter in the industry. And today issues a report on Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG) www.universalbioenergy.com
Click here - www.PremierEquityReports.com
SECTOR OVERVIEW:
Over the last five years, global economic and political headlines have pushed an overwhelming number of investors into hot commodity trades. Gold and oil have been the center of attention as current economic woes have created a slew of volatile moves that indicate momentum trading rather than true fundamental valuation. With gold and oil stealing the spotlight, the world's greatest supply of energy and possibly its most undervalued commodity has gone unnoticed -- natural gas.
The United States currently has enough natural gas to supply our nation with energy for 100 years. The natural gas industry supports 3 million jobs and adds $467 billion to the U.S. economy. The Energy Information Administration (EIA) expects U.S. demand for natural gas to increase about 24% by 2035. In a "Natural Gas Year-In Review Report," the EIA stated, "Over the past several years, natural gas use for electric power has increased, with gas making up an increasing percentage share of total generation relative to coal. In 2009, natural gas made up almost 24% of net power generation. By comparison, in 1996, natural gas made up only 14% of power generation." North America is the global hub for natural gas with about 99% of the total gas consumed by the United States coming from North America. Just as the Middle East has been the controlling area for oil, the United States could someday become the epicenter for natural gas.
Natural gas is one of the cleanest burning fossil fuels, and its use is expected to continue to grow. Natural gas is used in the production of steel, glass, paper, clothing, brick, electricity, and as an essential raw material for many common products. Some products that use natural gas as a raw material are: paints, fertilizer, plastics, antifreeze, dyes, photographic film, medicines, and explosives. Slightly more than half of the homes in the United States use natural gas as their main heating fuel. Natural gas is also used in homes to fuel stoves, water heaters, clothes dryers, and other household appliances.
According to the EIA, in 2011, the Henry Hub natural gas spot price averaged $4.25 per million British thermal units (MMBtu), down $0.13 from 2010. However, the EIA expects the natural gas market to tighten in 2012, with the Henry Hub spot price expected to rise to $4.58 per MMBtu. This in addition to the United States' exports of natural gas to Canada rising approximately 25% in 2011 compared to 2010 and Mexico's rising nearly 100% for the same period.
While momentum traders focus on gold and oil, value investors are accumulating natural gas investments at a steep discount. Many chart technicians are even starting to discuss how the UNG (The United States Natural Gas ETF) has bottomed out. The UNG put a double bottom in at $15.00 on massive volume. An upside breakout from this level may not encounter heavy resistance until $40.00 for a 167% gain. If this indeed is the bottom for natural gas prices, it could equate to higher margins and increased profits for Universal Bioenergy.
Michael Perinotti believes that the natural gas revolution has begun. He, too, is looking for undervalued natural gas investments, and today issues a report on Universal Bioenergy Inc. (OTCQB: UBRG) (OTCBB: UBRG) as being possibly one of the most undervalued natural gas investment opportunities in the market today. www.universalbioenergy.com
UNIVERSAL BIOENERGY INC. ANALYSIS:
Universal Bioenergy's (OTCQB: UBRG) (OTCBB: UBRG) primary business focus is the production, marketing and sales of natural gas, oil and alternative energy. Through a subsidiary (NDR Energy Group LLC), they currently sell natural gas to 28 of the largest public utilities, electric power producers and local gas distribution companies that serve millions of commercial, industrial and residential customers throughout the United States. Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG) is also engaged in the acquisition of oil and gas fields, lease acquisitions, and development of newly discovered or recently discovered oil and gas fields, re-entering existing wells, transmission and marketing of the products to their customer base. They are also experiencing double-digit growth with achieved sales in 2010 of $41,320,647 and a record $71,747,840 in 2011, a 73.64% increase year over year.
Management's primary objective is to exploit changes in the volatile energy market that companies with larger staffs, higher overhead, and higher operating costs simply cannot achieve as quickly, if at all. They intend to propel the Company to a dominant market position and be one of the top independent energy companies in the United States. In Michael Perinotti's opinion, Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG) stands out amongst other natural gas suppliers by clearly identifying their corporate business plan, objectives, and understanding, acting on, and embracing their competitive advantages.
With their comprehensive strategies to diversify the company, Universal Bioenergy will not only be able to compete on price, but also mitigate risks in the marketplace and reposition the competition so that they can compete effectively. These strategies include;
-- Acquisitions of small to mid-sized oil and gas producers and marketers
to gain market share
-- Acquisition of interests in gathering and transportation pipelines
-- Vertical integration to manage the supply chain
-- Oil and gas field development
-- Owning and controlling their own gas supply
-- Re-negotiating existing supply agreements
-- Obtaining gas at the producers price
-- Aggregation of supply from multiple independent suppliers
-- Access to the capital markets
-- Offer a diversified energy product mix
-- Alternative energy, e.g., solar, biofuels, coal and syngas for a
balanced portfolio
-- Attract and retain quality personnel with incentive and equity based
compensation
-- Addition of new higher margin profit centers
As a result of Management's aggressive mergers and acquisitions approach, Universal Bioenergy is projected to reach $1.04 billion in revenues over the next twelve months and $1.59 billion by 2016. These revenues would help equate to an estimated market cap of $745 million to $1.11 billion in twelve months and $1.14 billion to $1.71 billion in five years, according to a Fund Request for Capital Raise Memorandum issued by Vince Guest, President and CEO of Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG).
Universal Bioenergy, as of June 22, 2012, has a market cap of just $2.7 million with a stock price of $0.0091 per share. If Universal Bioenergy achieves their one year projected revenues and market cap, Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG) stock would have a fair market value of about $3.00 a share, based on the current 297,210,041 shares outstanding. That is a 32,867% gain from its current price level. It's these numbers coupled with corporate strategy that leads Michael Perinotti to believe Universal Bioenergy to be one of the most undervalued natural gas investments in the market today. Not to mention recent monumental achievements by the Company:
-- Universal Bioenergy's NDR Energy Group Signs Contract With Space City
Energy to Rapidly Expand Its Sales of Natural Gas and Energy Products
(finance.yahoo.com/news/universal-bioenergys-ndr-energy-group)
-- Universal Bioenergy Announces New Aggressive Plans for Major Expansion
- Future Outlook is Strong. Plans More Multi-Million Dollar
Acquisitions to Create a Diversified Energy Powerhouse
(finance.yahoo.com/news/universal-bioenergy-announces-aggressive-plans)
-- Universal Bioenergy's NDR Energy Group Launches New Refined Energy
Products Division to Increase Revenues. Company Plans Major Expansion
to Accelerate Growth, Revenues and Earnings
(finance.yahoo.com/news/universal-bioenergys-ndr-energy-group)
-- Universal Bioenergy's NDR Energy Group Signs Contract to Supply
Natural Gas to One of the Largest Municipal Utilities in the U.S.
(finance.yahoo.com/news/universal-bioenergys-ndr-energy-group)
-- Universal Bioenergy Starts Coal Sales From Coal Mine, Projects $52.80
Million in Sales and $8 Million in Profits
(finance.yahoo.com/news/universal-bioenergy-starts-coal-sales)
-- Universal Bioenergy's NDR Energy Announces Major Sales of 2.10 Billion
Cubic Feet of Natural Gas for June
(finance.yahoo.com/news/universal-bioenergys-ndr-energy-announces)
-- Universal Bioenergy's NDR Energy Begins Deliveries of Natural Gas to
Utility in Deal Worth $11.47 Million
(finance.yahoo.com/news/universal-bioenergys-ndr-energy-begins)
-- NDR Energy Group Signs Landmark Contract With America's Largest Gas
Utility for Gas Facility Storage. Deal is Projected to Generate
Millions in Additional Revenues and Profits
(finance.yahoo.com/news/ndr-energy-group-signs-landmark)
CONCLUSION:
Legislature has been debating on the New Alternative Transportation to Give Americans Solutions Act (NAT GAS Act) for quite some time and as recently as last month made some significant headway towards its passing. The NAT GAS Act would extend highly targeted tax incentives to organizations that have fleets of heavy vehicles currently burning diesel fuel to switch over to vehicles powered by natural gas. The legislation is designed to help jump start the natural gas revolution in the United States and create new jobs to aid in reversing an 8.1% unemployment rate, not to mention, increase demand for natural gas suppliers like Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG). Even T. Boone Pickens, legendary oil investment guru, recently decided to focus more on natural gas in the clean energy space.
The bottom line is that both our domestic and global economies along with value investors are beginning to shift away from oil dependence and into cleaner energy such as natural gas. Few natural gas companies stand more poised to benefit from increased demand and price of natural gas than Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG), in Michael Perinotti's opinion. Universal's diverse portfolio, existing distribution pipeline, extensive working relationships, and highly experienced mergers and acquisitions management team are all key points that stand out in the eye of an investor. Add to that a possible $3.00 fair market value should they achieve projected revenues and market capitalization within the next 12-36 months, and Universal Bioenergy could be the most undervalued natural gas investment in the market today.
To receive updates on Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG) and our full report on today's Top 5 natural gas companies, sign up at:www.PremierEquityReports.com
Disclosure: PremierEquityReports.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Premier Equity Reports is a wholly owned entity of Equities Awareness Group LLC. Equities Awareness Group has received forty thousand dollars for marketing awareness on Universal Bioenergy. Please read our report and visit our website, for complete risks and disclosures.
Michael Perinotti
Email Contact
201-917-5934 ext. 153
SOURCE: PremierEquityReports.com
http://www2.marketwire.com/mw/emailprcntct?id=24B4EC1EAC00F624
Found this report posted on TDAmeritrade:
PremierEquityReports.com: Universal Bioenergy to Cash in Big on Natural Gas, a Truly Undervalued Commodity
8:30a ET June 26, 2012 (Market Wire)
PremierEquityReports.com, the U.S. leader in equity reports, offers quality reports to investors looking for the most undervalued companies in the market. Premier Equity Reports provides its subscribers with timely information and exclusive analysis on U.S. companies with substantial upside potential. Premier Equity Reports is the #1 free financial newsletter in the industry. And today issues a report on Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG) www.universalbioenergy.com
Click here - www.PremierEquityReports.com
SECTOR OVERVIEW:
Over the last five years, global economic and political headlines have pushed an overwhelming number of investors into hot commodity trades. Gold and oil have been the center of attention as current economic woes have created a slew of volatile moves that indicate momentum trading rather than true fundamental valuation. With gold and oil stealing the spotlight, the world's greatest supply of energy and possibly its most undervalued commodity has gone unnoticed -- natural gas.
The United States currently has enough natural gas to supply our nation with energy for 100 years. The natural gas industry supports 3 million jobs and adds $467 billion to the U.S. economy. The Energy Information Administration (EIA) expects U.S. demand for natural gas to increase about 24% by 2035. In a "Natural Gas Year-In Review Report," the EIA stated, "Over the past several years, natural gas use for electric power has increased, with gas making up an increasing percentage share of total generation relative to coal. In 2009, natural gas made up almost 24% of net power generation. By comparison, in 1996, natural gas made up only 14% of power generation." North America is the global hub for natural gas with about 99% of the total gas consumed by the United States coming from North America. Just as the Middle East has been the controlling area for oil, the United States could someday become the epicenter for natural gas.
Natural gas is one of the cleanest burning fossil fuels, and its use is expected to continue to grow. Natural gas is used in the production of steel, glass, paper, clothing, brick, electricity, and as an essential raw material for many common products. Some products that use natural gas as a raw material are: paints, fertilizer, plastics, antifreeze, dyes, photographic film, medicines, and explosives. Slightly more than half of the homes in the United States use natural gas as their main heating fuel. Natural gas is also used in homes to fuel stoves, water heaters, clothes dryers, and other household appliances.
According to the EIA, in 2011, the Henry Hub natural gas spot price averaged $4.25 per million British thermal units (MMBtu), down $0.13 from 2010. However, the EIA expects the natural gas market to tighten in 2012, with the Henry Hub spot price expected to rise to $4.58 per MMBtu. This in addition to the United States' exports of natural gas to Canada rising approximately 25% in 2011 compared to 2010 and Mexico's rising nearly 100% for the same period.
While momentum traders focus on gold and oil, value investors are accumulating natural gas investments at a steep discount. Many chart technicians are even starting to discuss how the UNG (The United States Natural Gas ETF) has bottomed out. The UNG put a double bottom in at $15.00 on massive volume. An upside breakout from this level may not encounter heavy resistance until $40.00 for a 167% gain. If this indeed is the bottom for natural gas prices, it could equate to higher margins and increased profits for Universal Bioenergy.
Michael Perinotti believes that the natural gas revolution has begun. He, too, is looking for undervalued natural gas investments, and today issues a report on Universal Bioenergy Inc. (OTCQB: UBRG) (OTCBB: UBRG) as being possibly one of the most undervalued natural gas investment opportunities in the market today. www.universalbioenergy.com
UNIVERSAL BIOENERGY INC. ANALYSIS:
Universal Bioenergy's (OTCQB: UBRG) (OTCBB: UBRG) primary business focus is the production, marketing and sales of natural gas, oil and alternative energy. Through a subsidiary (NDR Energy Group LLC), they currently sell natural gas to 28 of the largest public utilities, electric power producers and local gas distribution companies that serve millions of commercial, industrial and residential customers throughout the United States. Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG) is also engaged in the acquisition of oil and gas fields, lease acquisitions, and development of newly discovered or recently discovered oil and gas fields, re-entering existing wells, transmission and marketing of the products to their customer base. They are also experiencing double-digit growth with achieved sales in 2010 of $41,320,647 and a record $71,747,840 in 2011, a 73.64% increase year over year.
Management's primary objective is to exploit changes in the volatile energy market that companies with larger staffs, higher overhead, and higher operating costs simply cannot achieve as quickly, if at all. They intend to propel the Company to a dominant market position and be one of the top independent energy companies in the United States. In Michael Perinotti's opinion, Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG) stands out amongst other natural gas suppliers by clearly identifying their corporate business plan, objectives, and understanding, acting on, and embracing their competitive advantages.
With their comprehensive strategies to diversify the company, Universal Bioenergy will not only be able to compete on price, but also mitigate risks in the marketplace and reposition the competition so that they can compete effectively. These strategies include;
-- Acquisitions of small to mid-sized oil and gas producers and marketers
to gain market share
-- Acquisition of interests in gathering and transportation pipelines
-- Vertical integration to manage the supply chain
-- Oil and gas field development
-- Owning and controlling their own gas supply
-- Re-negotiating existing supply agreements
-- Obtaining gas at the producers price
-- Aggregation of supply from multiple independent suppliers
-- Access to the capital markets
-- Offer a diversified energy product mix
-- Alternative energy, e.g., solar, biofuels, coal and syngas for a
balanced portfolio
-- Attract and retain quality personnel with incentive and equity based
compensation
-- Addition of new higher margin profit centers
As a result of Management's aggressive mergers and acquisitions approach, Universal Bioenergy is projected to reach $1.04 billion in revenues over the next twelve months and $1.59 billion by 2016. These revenues would help equate to an estimated market cap of $745 million to $1.11 billion in twelve months and $1.14 billion to $1.71 billion in five years, according to a Fund Request for Capital Raise Memorandum issued by Vince Guest, President and CEO of Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG).
Universal Bioenergy, as of June 22, 2012, has a market cap of just $2.7 million with a stock price of $0.0091 per share. If Universal Bioenergy achieves their one year projected revenues and market cap, Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG) stock would have a fair market value of about $3.00 a share, based on the current 297,210,041 shares outstanding. That is a 32,867% gain from its current price level. It's these numbers coupled with corporate strategy that leads Michael Perinotti to believe Universal Bioenergy to be one of the most undervalued natural gas investments in the market today. Not to mention recent monumental achievements by the Company:
-- Universal Bioenergy's NDR Energy Group Signs Contract With Space City
Energy to Rapidly Expand Its Sales of Natural Gas and Energy Products
(finance.yahoo.com/news/universal-bioenergys-ndr-energy-group)
-- Universal Bioenergy Announces New Aggressive Plans for Major Expansion
- Future Outlook is Strong. Plans More Multi-Million Dollar
Acquisitions to Create a Diversified Energy Powerhouse
(finance.yahoo.com/news/universal-bioenergy-announces-aggressive-plans)
-- Universal Bioenergy's NDR Energy Group Launches New Refined Energy
Products Division to Increase Revenues. Company Plans Major Expansion
to Accelerate Growth, Revenues and Earnings
(finance.yahoo.com/news/universal-bioenergys-ndr-energy-group)
-- Universal Bioenergy's NDR Energy Group Signs Contract to Supply
Natural Gas to One of the Largest Municipal Utilities in the U.S.
(finance.yahoo.com/news/universal-bioenergys-ndr-energy-group)
-- Universal Bioenergy Starts Coal Sales From Coal Mine, Projects $52.80
Million in Sales and $8 Million in Profits
(finance.yahoo.com/news/universal-bioenergy-starts-coal-sales)
-- Universal Bioenergy's NDR Energy Announces Major Sales of 2.10 Billion
Cubic Feet of Natural Gas for June
(finance.yahoo.com/news/universal-bioenergys-ndr-energy-announces)
-- Universal Bioenergy's NDR Energy Begins Deliveries of Natural Gas to
Utility in Deal Worth $11.47 Million
(finance.yahoo.com/news/universal-bioenergys-ndr-energy-begins)
-- NDR Energy Group Signs Landmark Contract With America's Largest Gas
Utility for Gas Facility Storage. Deal is Projected to Generate
Millions in Additional Revenues and Profits
(finance.yahoo.com/news/ndr-energy-group-signs-landmark)
CONCLUSION:
Legislature has been debating on the New Alternative Transportation to Give Americans Solutions Act (NAT GAS Act) for quite some time and as recently as last month made some significant headway towards its passing. The NAT GAS Act would extend highly targeted tax incentives to organizations that have fleets of heavy vehicles currently burning diesel fuel to switch over to vehicles powered by natural gas. The legislation is designed to help jump start the natural gas revolution in the United States and create new jobs to aid in reversing an 8.1% unemployment rate, not to mention, increase demand for natural gas suppliers like Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG). Even T. Boone Pickens, legendary oil investment guru, recently decided to focus more on natural gas in the clean energy space.
The bottom line is that both our domestic and global economies along with value investors are beginning to shift away from oil dependence and into cleaner energy such as natural gas. Few natural gas companies stand more poised to benefit from increased demand and price of natural gas than Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG), in Michael Perinotti's opinion. Universal's diverse portfolio, existing distribution pipeline, extensive working relationships, and highly experienced mergers and acquisitions management team are all key points that stand out in the eye of an investor. Add to that a possible $3.00 fair market value should they achieve projected revenues and market capitalization within the next 12-36 months, and Universal Bioenergy could be the most undervalued natural gas investment in the market today.
To receive updates on Universal Bioenergy (OTCQB: UBRG) (OTCBB: UBRG) and our full report on today's Top 5 natural gas companies, sign up at:www.PremierEquityReports.com
Disclosure: PremierEquityReports.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Premier Equity Reports is a wholly owned entity of Equities Awareness Group LLC. Equities Awareness Group has received forty thousand dollars for marketing awareness on Universal Bioenergy. Please read our report and visit our website, for complete risks and disclosures.
Michael Perinotti
Email Contact
201-917-5934 ext. 153
SOURCE: PremierEquityReports.com
http://www2.marketwire.com/mw/emailprcntct?id=24B4EC1EAC00F624
Great Pics Bel!
CAVU well represented in signage!
I hope some of them "NOODLERS", and Noodler 'wanna-be's' took notice and help move this stoc up!
Has anyone heard if this will be televised or not? I think it would be a hoot to watch. It would also get that CAVU banner on Nat. TV. Let's hope!
MB
toco-
You answered your own posted question by virtue of the dates you listed!
Not trying to pick on you, just please go back and check the timelines.
MB
Everyone wants the company to give us transparency, yet when UBRG posts a letter, giving the day by day occurrences and actions and timelines and steps being taken due to (whatever)..... NO ONE WANTS TO BELIEVE THEM!
What's up with that?
LoL!...
So tell us all....
HOW MUCH STOCK DO YOU OWN IN THAT.....Hmmm?
This PR was just posted today:
Good morning Hydro-
Here is an excerpt from the "letter to shareholders", dated January 11, 2012. It clearly states the timeline for the distribution of the divi's and the chill as well as what UBRG was told by the DTC and FINRA; how the divi-shares were registered/reported to FINRA. also, now that there is the 'chill', what is required (by DTC) to be done, who UBRG is working with from the DTC... etc.
I hope you find some of this info to be 'helpful'. lol
The only thing that I find to be 'off' is the time it is taking to get the chill removed, but hey, that's what red tape is all about!
MyBad