Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
WESTON, FL, Apr. 27, 2004 (MARKET WIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: VirTra Systems, Inc. (OTC BB: VTSI), Every aggressive investor should have their eyes on VirTra Systems, Inc. (OTC BB: VTSI) this morning! Yesterday after the markets closed, the company issued a press release announcing its initial sale of an IVR-300(TM) HD situational awareness and judgmental use of force training simulator to the United States Air Force! This is huge news for investors! The simulator will be employed to train a highly-specialized unit's on-going situational awareness, judgmental use-of-force, and marksmanship training programs. In addition to the simulator, a significant order of VirTra Systems' specially-modified full recoil training weaponry was included. Investors should pay very close attention to this company! "This sale is but the first resulting from our unveiling of the IVR- 300 HD last month at Trexpo," stated Michael Kitchen, VirTra Systems' vice-president of training and simulation sales. "After the USAF technology/user team was given a complete demonstration, the team remarked that it was 'the most technologically-advanced system they had ever seen, and it delivered intensely realistic and demanding scenarios.' "Our IVR HD series was reportedly chosen over systems from FATS and IES, due to its patent-pending, 360-degree, high- definition resolution technology, as well as its superior weapons tracking capabilities. This is a huge endorsement by the US military for utilization of our IVR HD series simulators. We are already working towards finalization of plans to install additional training systems at further Air Force locations. "This is the largest, most sophisticated, and technologically superior military-based system we have manufactured to-date. Many highly realistic, military-specified recoil weapons will be used, along with custom military scenarios and simulated missions, to train USAF personnel to a new level of preparedness. A comprehensive marksmanship/qualification course tracking multiple trainees was also designed for the system," concluded Kitchen. The stock closed yesterday at Twenty-Five cents a share. In case you are not familiar with the company: VirTra Systems utilizes patented technology to manufacture the world's most advanced immersive virtual reality(TM) systems and 3-D experiences. VirTra Systems markets combat, marksmanship, and situational awareness/judgmental firearms training systems to military agencies such as the US Air Force, and to national and international law enforcement agencies. Using the sensations of motion, touch, sound, and smell, the company also produces custom advertising and promotional virtual reality systems for clients such as Buick, Chevrolet, Pennzoil, Red Baron(TM) Pizza, and the US Army. Street News Alert's "stocks to watch" this morning are: VirTra Systems, Inc. (OTC BB: VTSI), Arotech Corporation (NASDAQ: ARTX), Intel Corporation (NASDAQ: INTC) and Sun Microsystems Inc. (NASDAQ: SUNW). Every aggressive investor should have their eyes on VirTra Systems, Inc. (OTC BB: VTSI) this morning! Yesterday after the markets closed, the company issued a press release announcing its initial sale of an IVR-300(TM) HD situational awareness and judgmental use of force training simulator to the United States Air Force! This is huge news for investors! The simulator will be employed to train a highly-specialized unit's on-going situational awareness, judgmental use-of-force, and marksmanship training programs. In addition to the simulator, a significant order of VirTra Systems' specially-modified full recoil training weaponry was included. Investors should pay very close attention to this company! "This sale is but the first resulting from our unveiling of the IVR- 300 HD last month at Trexpo," stated Michael Kitchen, VirTra Systems' vice-president of training and simulation sales. "After the USAF technology/user team was given a complete demonstration, the team remarked that it was 'the most technologically-advanced system they had ever seen, and it delivered intensely realistic and demanding scenarios.' "Our IVR HD series was reportedly chosen over systems from FATS and IES, due to its patent-pending, 360-degree, high- definition resolution technology, as well as its superior weapons tracking capabilities. This is a huge endorsement by the US military for utilization of our IVR HD series simulators. We are already working towards finalization of plans to install additional training systems at further Air Force locations. "This is the largest, most sophisticated, and technologically superior military-based system we have manufactured to-date. Many highly realistic, military-specified recoil weapons will be used, along with custom military scenarios and simulated missions, to train USAF personnel to a new level of preparedness. A comprehensive marksmanship/qualification course tracking multiple trainees was also designed for the system," concluded Kitchen. The stock closed yesterday at Twenty-Five cents a share. In case you are not familiar with the company: VirTra Systems utilizes patented technology to manufacture the world's most advanced immersive virtual reality(TM) systems and 3-D experiences. VirTra Systems markets combat, marksmanship, and situational awareness/judgmental firearms training systems to military agencies such as the US Air Force, and to national and international law enforcement agencies. Using the sensations of motion, touch, sound, and smell, the company also produces custom advertising and promotional virtual reality systems for clients such as Buick, Chevrolet, Pennzoil, Red Baron(TM) Pizza, and the US Army.
vtsi... todays news... p.s. we do not work for air force
Anyone else heard the news about VTSI... .25 stock up .09 today to .34
Could that "something" be unrestricted flow rates after the bottleneck is cleared on McLeoud?
And or production results after Gordondale get's it's ERP?
We've had this stock since Sept.-Oct. of last year...
If management would at the very least dole out appetizer news once a week just to let us know how things are going (even if the news is not "headline worthy") then maybe, just maybe, we would start to see the stairstep climb we've been waiting and waiting and waiting for.
To all the STUOF faithful... have a great day!
p.s. fyi... we haven't sold a single share... can't or we would lose $. feel more like a pooper than a pumper!
To unsubscribe, please click on the Unsubscribe button at the bottom of this e-mail or reply to this e-mail with the subject line of "remove".
Phantom Trader Weekly Dispatch
Market Insights... Special Situations... Traders Network
In This Issue:
The Phantom Trader Weekly update
Market Insights…Special Situations…Traders Network
Ø ST: A Wild Ride
Ø More New Highs
Ø Schedule
Dear Reader,
Our position in San Telmo (STUOF, $0.67) has been a wild ride. Late last year we had gains well in excess of 100%. Since then, shares have slowly trickled down under a dollar, and earlier today were pushing $0.65.
Yet the shares had a big day, closing up almost 30% after the company announced that it successfully tied in the Mcleod well. They’re experience low flows due to soon to be fixed compression issues.
The run in the stock shows just how much anticipation was built into the tie in. And don’t get me wrong, it’s a big, big step. But I expect the shares will soften up a bit after the market has a chance to digest the news.
The company also announced the acquisition of another section of land north of its position at Boundary Lake in northwestern Alberta. The Boundary Lake pool has produced over 650,000 barrels of oil to date. And ST’s position sits between two producing wells.
This is all good news. I’ll have more on ST in the coming weeks, so stay tuned.
******
DHB industries hit another new high today, bringing us gains of 157% in about 9 months. Not bad at all. But there’s more, as the company should continue to benefit from massive orders from the US Department of Defense.
*****
Along those lines, Brian Hicks, who initially brought DHB to my attention, is at it again. His defense-related picks have been right on the money.
Now he’s got something really big brewing…
From the Empire Economy files:
Party like it’s the summer of 1998!
If you missed out on making money during the Internet boom in the late 1990s, don’t worry, it’s about to happen all over again.
I’m currently seeing the same market dynamic as I saw back in the summer of 1998: Too many dollars chasing too few stocks.
Let me show you actually what I mean:
***Since March, the FBI has been warning Americans that “Terrorists might try to bomb major rail lines this summer…”
***Time Magazine reports “Al Qaeda wants to derail a train near D.C.”
***And Homeland Security Secretary Tom Ridge has asked “Train operators to be on a heightened state of alert”
Get the picture?
When you have this kind of talk coming from the top echelon of the government, it’s no wonder that stocks like Taser have gained more than 6000% in 16 months.
But let me tell you - it’s about to get even more dramatic.
The U.S. government is now claiming that Al Qaeda will try to attack the U.S. so it can influence the Presidential election, similar to what happened in Spain.
Defense and security stocks are going to skyrocket in this environment. Period.
And I wouldn’t be surprise to see the same kinds of gains as we saw in 1998.
To give you a quick reminder, the summer of 1998 served as the launching pad for technology stocks, most notably anything with a “dot-com” at the end of its name.
Investors made millions during that period.
Amazon.com, for example, went from $7 a share to over $36 a share by November 1998, for a gain of 414%. Yahoo went from about $12 to $55 in that period as well. (Note: These are split adjusted prices. Yahoo’s actual price was $221 a share in Nov. ’98.)
Right now, the market is laying the groundwork for an explosive rally in defense and Homeland security stocks.
Consider the following…
FBI Warns America: “Prepare for a summer of terror”
Emboldened by their success in Spain, Islamic terrorists are now targeting U.S. trains!
Trains packed with people have become the prime targets for terrorists.
***On March 11, bombs on a Madrid train killed 191 and wounded 1,500 in the worst terrorist attack in Spain’s history
***Chechnyan terrorists blew up a Russian railcar last December, killing 42 and wounding 200
***And even the “Give Peace a Chance” French recently found a bomb on one of its major rail lines
Now comes word the terrorists want to bomb trains in America.
According to the FBI and the Department of Homeland Security, Al Qaeda could be plotting to bomb busy trains and buses in major American cities this summer.
The threat is so serious, even President Bush is worried.
On April 21, 2004, Bush told a group of 1,500 Associated Press executives that those Americans who expect another terror attack in the U.S. have reason for such fears.
According to the President, “They [Al Qaeda] attack all the time. They’d like to attack us again by the way. It’s important we find them before they come here again.”
In light of this, defense and security stocks will be the leaders of a massive, summer rally. It’s one of the reasons why I began The New America Investor.
To participate in this mega-rally, I’ll be publishing a research report in May called Insider’s Guide to Homeland Security Stocks.
One of the stocks I’ll be recommending is a company that is already penetrating the United Kingdom train market with an innovated television security system.
As law enforcement scrambles to arrest Al Qaeda operatives in the U.S., this new television technology being installed in trains in England could help prevent terrorist bombings once-and-for-all!
The company’s stock trades for just $2.50 a share. But by this summer, the stock could be 3-times that, if not more.
In addition to this television train security stock, I’ll also be recommending 2 more Homeland Security stocks that have triple-digit gain potential.
To get this report for free, become a member of New America Investor. You also get immediate access to 3 other free reports:
1) Fortress America: 5 Low-Priced Stocks Handpicked by the Pentagon to Lead America in the War on Terror;
2) The Single-Best Biotech Stock to Own for the 21st Century;
3) Welcome to the New Tech Bull Market: 4 Nanotechnology Stocks that'll put the U.S. Economy Leap Years Ahead of the World
The 10 stocks featured in these 3 reports have produced a track record performance of 25% for 2004.
To become a member of New America Investor, and to receive these reports for free, visit:
http://www.newamericainvestor.com/promo1.php?naippref=pt0304
*****
I’ll have the regular monthly edition of PT in your hands early next week.
Until then,
PT
Copyright 2004 Phantom Trader, PO Box 84905, Phoenix, AZ 85071. Phantom Trader yearly subscriptions are $99 per year (12 issues). For customer service please call (800) 528-0559. No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities mentioned. While we believe the sources of information to be reliable, we in no way represent or guarantee the accuracy nor the statements made herein. The editor and consultants actively trade in the investments discussed in this newsletter. They may have substantial positions in the securities recommended and may increase or decrease such positions without notice. Neither the publisher nor the editor are registered investment advisors. Subscribers should not view this publication as offering personalized legal or investment advice.
Click here to UNSUBSCRIBE
Jack,
We like your sense humor... much needed in the market!
easy now....
swayne,
too funny... too true
We are with you Jack.
hey, thanks for the communication. i woke up to those posts this morning and was already feeling the pain of waiting. the timing couldn't of been better.
M/M
Mentioned Motorola "MOT" on 3/12/04 @ 15.60 a share. Closed today at 20.43.
It's a little pricey, but the swings for day trading are incredible... long and short. If anyone is interested.
Not a buy sell or hold recommendation...
Breaking News
Dear Mike,
San Telmo Energy (OTCBB: STUOF) today announced that its well at McLeod has been successfully tied-in and is producing gas and condensate. The company also announced that it has completed construction at Gordondale and increased its land position in the area with the purchase, via Crown Land Sale, of one additional section of land. This recently acquired parcel is located immediately adjacent to the company’s current Gordondale position.
San Telmo has also acquired an additional section of land immediately north of its current position at Boundary Lake. A copy of the press release is attached for your review.
Please do not hesitate to contact our office at (877) 772-9286 or via email at STU@PrimorisGroup.com with questions or for further information.
On behalf of San Telmo Energy,
Nick Boutsalis
Vice President
Primoris Group
PS. To unsubscribe from future news releases from Primoris Group and its clients please see instructions at bottom of email.
Press Release
Friday April 23, 2004
Press Release
SOURCE: San Telmo Energy, Inc.
SAN TELMO ENERGY COMMENCES PRODUCTION OF GAS AND CONDENSATE AT MCLEOD
VANCOUVER, B.C., April 23, 2004 – San Telmo Energy Ltd. (OTCBB: STUOF; TSX-V: STU) is pleased to announce an update on current operations.
McLeod: Production Commences
San Telmo’s well at McLeod has been successfully tied-in and is producing gas and condensate. It is currently producing at a restricted rate of approximately 600 mcfd with 18 bbls condensate/day with a tubing and casing pressure of 12,550 kpa and 13,400 kpa respectively. The well has been on restricted production due to lack of adequate compression at our tie-in point. This is due to the fact that San Telmo’s McLeod well, if produced at the expected sustainable rate of 2-3 mmcfd, would back out the majority of gas in the regional gathering system. San Telmo is currently working with the owner of the gathering system to alleviate this bottleneck.
Gordondale: Construction Completed, Land Position Increased
Installation of two storage tanks at Gordondale and construction of the 3.5 kilometer gas pipeline has been completed. San Telmo is currently awaiting government approval of its Facilities Emergency Response Plan (ERP), which is required to initiate production. The well is ready to begin producing oil and gas and San Telmo expects production to commence without delay following approval of the ERP.
San Telmo has increased its position at Gordondale with the purchase, via Crown Land Sale, of one additional section of land. This recently acquired parcel is located immediately adjacent to the company’s current Gordondale position. San Telmo has a 100% working interest in this new section at Gordondale.
Boundary Lake: Land Acquisition
San Telmo has acquired, through a Crown Land Sale, one section of land immediately north of its current position at Boundary Lake. San Telmo's Boundary Lake prospect is a 4,900 feet (1,500 meter) Triassic Boundary Lake target. The prospect is offsetting a Boundary Lake pool that has produced 651,000 barrels of oil to date and is situated between two wells, which produced 47,000 and 8,000 barrels of oil respectively. Boundary Lake is located in northwestern Alberta near the Alberta-B.C. border.
ABOUT SAN TELMO ENERGY LTD.
San Telmo Energy Ltd. is an emerging oil and gas company with an experienced management team. Operated through its wholly owned subsidiary San Telmo Energy Inc. of Calgary, Alberta, San Telmo Energy Ltd. is focused on acquiring, developing and producing proven developed and underdeveloped reserves which offer long term value for the company.
FORWARD-LOOKING STATEMENT
This release may contain forward-looking statements, within the meaning of the "safe-harbour" provision of the Private Securities Litigation Reform Act of 1995, regarding San Telmo Energy's business or financial condition. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of the company.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Media Contact: Investor Relations Contact:
Christine Payne
Phone: 877-772-9286
Email:media@PrimorisGroup.com Nick Boutsalis
Phone: 877-772-9286
Email: STU@PrimorisGroup.com
If you wish to unsubscribe from this list, send an email to leave-pg-stuof-12818680S@lists.sparklist.com and hit send.
iag_7@msn.com
Primoris Group, Inc. #240 1555 Sherman Ave Evanston IL 60201-4421
Breaking News
Dear Mike,
San Telmo Energy (OTCBB: STUOF) today announced that its well at McLeod has been successfully tied-in and is producing gas and condensate. The company also announced that it has completed construction at Gordondale and increased its land position in the area with the purchase, via Crown Land Sale, of one additional section of land. This recently acquired parcel is located immediately adjacent to the company’s current Gordondale position.
San Telmo has also acquired an additional section of land immediately north of its current position at Boundary Lake. A copy of the press release is attached for your review.
Please do not hesitate to contact our office at (877) 772-9286 or via email at STU@PrimorisGroup.com with questions or for further information.
On behalf of San Telmo Energy,
Nick Boutsalis
Vice President
Primoris Group
PS. To unsubscribe from future news releases from Primoris Group and its clients please see instructions at bottom of email.
Press Release
Friday April 23, 2004
Press Release
SOURCE: San Telmo Energy, Inc.
SAN TELMO ENERGY COMMENCES PRODUCTION OF GAS AND CONDENSATE AT MCLEOD
VANCOUVER, B.C., April 23, 2004 – San Telmo Energy Ltd. (OTCBB: STUOF; TSX-V: STU) is pleased to announce an update on current operations.
McLeod: Production Commences
San Telmo’s well at McLeod has been successfully tied-in and is producing gas and condensate. It is currently producing at a restricted rate of approximately 600 mcfd with 18 bbls condensate/day with a tubing and casing pressure of 12,550 kpa and 13,400 kpa respectively. The well has been on restricted production due to lack of adequate compression at our tie-in point. This is due to the fact that San Telmo’s McLeod well, if produced at the expected sustainable rate of 2-3 mmcfd, would back out the majority of gas in the regional gathering system. San Telmo is currently working with the owner of the gathering system to alleviate this bottleneck.
Gordondale: Construction Completed, Land Position Increased
Installation of two storage tanks at Gordondale and construction of the 3.5 kilometer gas pipeline has been completed. San Telmo is currently awaiting government approval of its Facilities Emergency Response Plan (ERP), which is required to initiate production. The well is ready to begin producing oil and gas and San Telmo expects production to commence without delay following approval of the ERP.
San Telmo has increased its position at Gordondale with the purchase, via Crown Land Sale, of one additional section of land. This recently acquired parcel is located immediately adjacent to the company’s current Gordondale position. San Telmo has a 100% working interest in this new section at Gordondale.
Boundary Lake: Land Acquisition
San Telmo has acquired, through a Crown Land Sale, one section of land immediately north of its current position at Boundary Lake. San Telmo's Boundary Lake prospect is a 4,900 feet (1,500 meter) Triassic Boundary Lake target. The prospect is offsetting a Boundary Lake pool that has produced 651,000 barrels of oil to date and is situated between two wells, which produced 47,000 and 8,000 barrels of oil respectively. Boundary Lake is located in northwestern Alberta near the Alberta-B.C. border.
ABOUT SAN TELMO ENERGY LTD.
San Telmo Energy Ltd. is an emerging oil and gas company with an experienced management team. Operated through its wholly owned subsidiary San Telmo Energy Inc. of Calgary, Alberta, San Telmo Energy Ltd. is focused on acquiring, developing and producing proven developed and underdeveloped reserves which offer long term value for the company.
FORWARD-LOOKING STATEMENT
This release may contain forward-looking statements, within the meaning of the "safe-harbour" provision of the Private Securities Litigation Reform Act of 1995, regarding San Telmo Energy's business or financial condition. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of the company.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Media Contact: Investor Relations Contact:
Christine Payne
Phone: 877-772-9286
Email:media@PrimorisGroup.com Nick Boutsalis
Phone: 877-772-9286
Email: STU@PrimorisGroup.com
If you wish to unsubscribe from this list, send an email to leave-pg-stuof-12818680S@lists.sparklist.com and hit send.
iag_7@msn.com
Primoris Group, Inc. #240 1555 Sherman Ave Evanston IL 60201-4421
Breaking News
Dear Mike,
San Telmo Energy (OTCBB: STUOF) today announced that its well at McLeod has been successfully tied-in and is producing gas and condensate. The company also announced that it has completed construction at Gordondale and increased its land position in the area with the purchase, via Crown Land Sale, of one additional section of land. This recently acquired parcel is located immediately adjacent to the company’s current Gordondale position.
San Telmo has also acquired an additional section of land immediately north of its current position at Boundary Lake. A copy of the press release is attached for your review.
Please do not hesitate to contact our office at (877) 772-9286 or via email at STU@PrimorisGroup.com with questions or for further information.
On behalf of San Telmo Energy,
Nick Boutsalis
Vice President
Primoris Group
PS. To unsubscribe from future news releases from Primoris Group and its clients please see instructions at bottom of email.
Press Release
Friday April 23, 2004
Press Release
SOURCE: San Telmo Energy, Inc.
SAN TELMO ENERGY COMMENCES PRODUCTION OF GAS AND CONDENSATE AT MCLEOD
VANCOUVER, B.C., April 23, 2004 – San Telmo Energy Ltd. (OTCBB: STUOF; TSX-V: STU) is pleased to announce an update on current operations.
McLeod: Production Commences
San Telmo’s well at McLeod has been successfully tied-in and is producing gas and condensate. It is currently producing at a restricted rate of approximately 600 mcfd with 18 bbls condensate/day with a tubing and casing pressure of 12,550 kpa and 13,400 kpa respectively. The well has been on restricted production due to lack of adequate compression at our tie-in point. This is due to the fact that San Telmo’s McLeod well, if produced at the expected sustainable rate of 2-3 mmcfd, would back out the majority of gas in the regional gathering system. San Telmo is currently working with the owner of the gathering system to alleviate this bottleneck.
Gordondale: Construction Completed, Land Position Increased
Installation of two storage tanks at Gordondale and construction of the 3.5 kilometer gas pipeline has been completed. San Telmo is currently awaiting government approval of its Facilities Emergency Response Plan (ERP), which is required to initiate production. The well is ready to begin producing oil and gas and San Telmo expects production to commence without delay following approval of the ERP.
San Telmo has increased its position at Gordondale with the purchase, via Crown Land Sale, of one additional section of land. This recently acquired parcel is located immediately adjacent to the company’s current Gordondale position. San Telmo has a 100% working interest in this new section at Gordondale.
Boundary Lake: Land Acquisition
San Telmo has acquired, through a Crown Land Sale, one section of land immediately north of its current position at Boundary Lake. San Telmo's Boundary Lake prospect is a 4,900 feet (1,500 meter) Triassic Boundary Lake target. The prospect is offsetting a Boundary Lake pool that has produced 651,000 barrels of oil to date and is situated between two wells, which produced 47,000 and 8,000 barrels of oil respectively. Boundary Lake is located in northwestern Alberta near the Alberta-B.C. border.
ABOUT SAN TELMO ENERGY LTD.
San Telmo Energy Ltd. is an emerging oil and gas company with an experienced management team. Operated through its wholly owned subsidiary San Telmo Energy Inc. of Calgary, Alberta, San Telmo Energy Ltd. is focused on acquiring, developing and producing proven developed and underdeveloped reserves which offer long term value for the company.
FORWARD-LOOKING STATEMENT
This release may contain forward-looking statements, within the meaning of the "safe-harbour" provision of the Private Securities Litigation Reform Act of 1995, regarding San Telmo Energy's business or financial condition. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of the company.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Media Contact: Investor Relations Contact:
Christine Payne
Phone: 877-772-9286
Email:media@PrimorisGroup.com Nick Boutsalis
Phone: 877-772-9286
Email: STU@PrimorisGroup.com
If you wish to unsubscribe from this list, send an email to leave-pg-stuof-12818680S@lists.sparklist.com and hit send.
iag_7@msn.com
Primoris Group, Inc. #240 1555 Sherman Ave Evanston IL 60201-4421
Breaking News
Dear Mike,
San Telmo Energy (OTCBB: STUOF) today announced that its well at McLeod has been successfully tied-in and is producing gas and condensate. The company also announced that it has completed construction at Gordondale and increased its land position in the area with the purchase, via Crown Land Sale, of one additional section of land. This recently acquired parcel is located immediately adjacent to the company’s current Gordondale position.
San Telmo has also acquired an additional section of land immediately north of its current position at Boundary Lake. A copy of the press release is attached for your review.
Please do not hesitate to contact our office at (877) 772-9286 or via email at STU@PrimorisGroup.com with questions or for further information.
On behalf of San Telmo Energy,
Nick Boutsalis
Vice President
Primoris Group
PS. To unsubscribe from future news releases from Primoris Group and its clients please see instructions at bottom of email.
Press Release
Friday April 23, 2004
Press Release
SOURCE: San Telmo Energy, Inc.
SAN TELMO ENERGY COMMENCES PRODUCTION OF GAS AND CONDENSATE AT MCLEOD
VANCOUVER, B.C., April 23, 2004 – San Telmo Energy Ltd. (OTCBB: STUOF; TSX-V: STU) is pleased to announce an update on current operations.
McLeod: Production Commences
San Telmo’s well at McLeod has been successfully tied-in and is producing gas and condensate. It is currently producing at a restricted rate of approximately 600 mcfd with 18 bbls condensate/day with a tubing and casing pressure of 12,550 kpa and 13,400 kpa respectively. The well has been on restricted production due to lack of adequate compression at our tie-in point. This is due to the fact that San Telmo’s McLeod well, if produced at the expected sustainable rate of 2-3 mmcfd, would back out the majority of gas in the regional gathering system. San Telmo is currently working with the owner of the gathering system to alleviate this bottleneck.
Gordondale: Construction Completed, Land Position Increased
Installation of two storage tanks at Gordondale and construction of the 3.5 kilometer gas pipeline has been completed. San Telmo is currently awaiting government approval of its Facilities Emergency Response Plan (ERP), which is required to initiate production. The well is ready to begin producing oil and gas and San Telmo expects production to commence without delay following approval of the ERP.
San Telmo has increased its position at Gordondale with the purchase, via Crown Land Sale, of one additional section of land. This recently acquired parcel is located immediately adjacent to the company’s current Gordondale position. San Telmo has a 100% working interest in this new section at Gordondale.
Boundary Lake: Land Acquisition
San Telmo has acquired, through a Crown Land Sale, one section of land immediately north of its current position at Boundary Lake. San Telmo's Boundary Lake prospect is a 4,900 feet (1,500 meter) Triassic Boundary Lake target. The prospect is offsetting a Boundary Lake pool that has produced 651,000 barrels of oil to date and is situated between two wells, which produced 47,000 and 8,000 barrels of oil respectively. Boundary Lake is located in northwestern Alberta near the Alberta-B.C. border.
ABOUT SAN TELMO ENERGY LTD.
San Telmo Energy Ltd. is an emerging oil and gas company with an experienced management team. Operated through its wholly owned subsidiary San Telmo Energy Inc. of Calgary, Alberta, San Telmo Energy Ltd. is focused on acquiring, developing and producing proven developed and underdeveloped reserves which offer long term value for the company.
FORWARD-LOOKING STATEMENT
This release may contain forward-looking statements, within the meaning of the "safe-harbour" provision of the Private Securities Litigation Reform Act of 1995, regarding San Telmo Energy's business or financial condition. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of the company.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Media Contact: Investor Relations Contact:
Christine Payne
Phone: 877-772-9286
Email:media@PrimorisGroup.com Nick Boutsalis
Phone: 877-772-9286
Email: STU@PrimorisGroup.com
If you wish to unsubscribe from this list, send an email to leave-pg-stuof-12818680S@lists.sparklist.com and hit send.
iag_7@msn.com
Primoris Group, Inc. #240 1555 Sherman Ave Evanston IL 60201-4421
Breaking News
Dear Mike,
San Telmo Energy (OTCBB: STUOF) today announced that its well at McLeod has been successfully tied-in and is producing gas and condensate. The company also announced that it has completed construction at Gordondale and increased its land position in the area with the purchase, via Crown Land Sale, of one additional section of land. This recently acquired parcel is located immediately adjacent to the company’s current Gordondale position.
San Telmo has also acquired an additional section of land immediately north of its current position at Boundary Lake. A copy of the press release is attached for your review.
Please do not hesitate to contact our office at (877) 772-9286 or via email at STU@PrimorisGroup.com with questions or for further information.
On behalf of San Telmo Energy,
Nick Boutsalis
Vice President
Primoris Group
PS. To unsubscribe from future news releases from Primoris Group and its clients please see instructions at bottom of email.
Press Release
Friday April 23, 2004
Press Release
SOURCE: San Telmo Energy, Inc.
SAN TELMO ENERGY COMMENCES PRODUCTION OF GAS AND CONDENSATE AT MCLEOD
VANCOUVER, B.C., April 23, 2004 – San Telmo Energy Ltd. (OTCBB: STUOF; TSX-V: STU) is pleased to announce an update on current operations.
McLeod: Production Commences
San Telmo’s well at McLeod has been successfully tied-in and is producing gas and condensate. It is currently producing at a restricted rate of approximately 600 mcfd with 18 bbls condensate/day with a tubing and casing pressure of 12,550 kpa and 13,400 kpa respectively. The well has been on restricted production due to lack of adequate compression at our tie-in point. This is due to the fact that San Telmo’s McLeod well, if produced at the expected sustainable rate of 2-3 mmcfd, would back out the majority of gas in the regional gathering system. San Telmo is currently working with the owner of the gathering system to alleviate this bottleneck.
Gordondale: Construction Completed, Land Position Increased
Installation of two storage tanks at Gordondale and construction of the 3.5 kilometer gas pipeline has been completed. San Telmo is currently awaiting government approval of its Facilities Emergency Response Plan (ERP), which is required to initiate production. The well is ready to begin producing oil and gas and San Telmo expects production to commence without delay following approval of the ERP.
San Telmo has increased its position at Gordondale with the purchase, via Crown Land Sale, of one additional section of land. This recently acquired parcel is located immediately adjacent to the company’s current Gordondale position. San Telmo has a 100% working interest in this new section at Gordondale.
Boundary Lake: Land Acquisition
San Telmo has acquired, through a Crown Land Sale, one section of land immediately north of its current position at Boundary Lake. San Telmo's Boundary Lake prospect is a 4,900 feet (1,500 meter) Triassic Boundary Lake target. The prospect is offsetting a Boundary Lake pool that has produced 651,000 barrels of oil to date and is situated between two wells, which produced 47,000 and 8,000 barrels of oil respectively. Boundary Lake is located in northwestern Alberta near the Alberta-B.C. border.
ABOUT SAN TELMO ENERGY LTD.
San Telmo Energy Ltd. is an emerging oil and gas company with an experienced management team. Operated through its wholly owned subsidiary San Telmo Energy Inc. of Calgary, Alberta, San Telmo Energy Ltd. is focused on acquiring, developing and producing proven developed and underdeveloped reserves which offer long term value for the company.
FORWARD-LOOKING STATEMENT
This release may contain forward-looking statements, within the meaning of the "safe-harbour" provision of the Private Securities Litigation Reform Act of 1995, regarding San Telmo Energy's business or financial condition. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of the company.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Media Contact: Investor Relations Contact:
Christine Payne
Phone: 877-772-9286
Email:media@PrimorisGroup.com Nick Boutsalis
Phone: 877-772-9286
Email: STU@PrimorisGroup.com
If you wish to unsubscribe from this list, send an email to leave-pg-stuof-12818680S@lists.sparklist.com and hit send.
iag_7@msn.com
Primoris Group, Inc. #240 1555 Sherman Ave Evanston IL 60201-4421
time adjustment... ti-in news came at 10:45 am pst. not 11:45
TIE-IN- IS COMPLETE!!!!! go to www.santelmoenergy.com for press release. just got e-mail from primoris group at 11:45 am pst.
hey, snow_deer, jack weaks, kanzler and stock-up... stuof up from .67 to .85.
congratulations to all...
thank you for all of your personal positive accurate info over the past few months... you guys are great!
response to 420,421,422... Youv'e gotta be kidding.
first of all we were not aware that you could short a penny stock.
we are just as disappointed as anyone re stuof. If we were trying to pump the stock, we certainly woud not have mentioned that we were told that construction was not complete.
we feel that we have done our due dilligence on stuof and our decisions have been final... we are going to ride out the storm. It's never fun when a stock goes down in price.
name calling and cussing is really not our style.
we will not respond to any more of your posts.
have a really nice day
we were also surprised to get an "answer" to a direct question.
even if it wasn't what we would have liked to have heard, at least we know.
they've gotta be close...
Not a guess... the question was, is construction completed on the pipeline yet? the answer was, no. That came straight from
IR
not tied in yet... patience,patience,patience... It's like waiting for the clown to pop out of the "jack-in-the-box"
Thanks Snow_deer,
We thought the reason for the delay was they broke their shovel... just kidding. Hope they are tied in and the weather is not a factor.
Nice to know someone else is hangin tough.
The latest word was a press release is forthcoming... 1-14 days.
thank you
a friend of mine told me about GDLS over the weekend. his nephew knows the person who started the co. apparently the news out is they are looking at a 10-day target price of 2.80+ and a 3-month target of 7.00+. ???
for what it's worth, one of my partners wives found this stock over the weekend and recommended it... her first.
right on... if you like what you hear give a friend of mine
at wizetrade a call @ 1-888-304-8881 ext. 230. his name is derek siek and he is very helpful. tell him mike told you to call. he will also be able to help you with pricing if you decide you want it.
the recording will say global tec solutions which is the umbrella for wizetrade, options made easy, and forex made easy.
Piranhas2...the bone
lancebps... been using the wizetrade software since july of 03'. too simple for many, doing a great job for us. have used it succesfully for day and swing trading.
if you get a chance to see the infomercial, we are the folks from santa rosa, california who trade as a group.
mcloud and gordondale = 2,000 barrels per day and a cash flow as high as $1,000,000 per month..."PTWeekly"
stuof was compared to another energy co. awhile ago and at that time it looked like a $3.25 stock...
bearing in mind we've been told that most coompany's hit 1 out of ten wells and san telmo is 3 for three, which is incredible, look at the production estimates...absolutely remarkable. better than $3.25.
we believe these guys know what they are doing and for those who have decided to stay in the game, it's 3 and 2 with the bases juiced.
this may be the one we've been looking for. best wishes to all
the feathers were flying... as were the chickens
Keep swimming jack... spoke with someone mon. who is close to the action. if people knew what they had in stuof they would either buy more shares or gladly hold for the mid term. the returns will be well worth the wait.
we are beyond speculation as to profit, we know there is, we get to wait to see the cash flow develop.
watch 3 scenarios... 1.) price increase due to production and cash flow. 2.) another stock split. 3.) price increase due to lower price and rumors of a buy-out.
p.s. bonus scenario... stuof opts to forgoe a buy-out and continues to do what they do best; explore, acquire and develop properties.
either way, we win.
Get ready for some good news from san telmo...
FYI... we were told gas marketers cut production checks the 3rd week of each month.
This may give us an idea as to when we will get production news
if anyone is interested... we started trading "MOT" as a day trade using "our 2 & 10 minute entry & exit lights for indicators in june of 2003. the swings have been very predictable and there is some coin to be made if someone is willing to take the time to check it out.
p.s. if you happen to see a wizetrade infomercial in your area look for us... just wanting to help........
praise the LORD and thank you JESUS is right BOBBE... if you still have STUOF hang on for the ride.
p.s. quietly holding 202,450...
snow_deer, thanks for the info... we appreciate it. either way
8.-32. a share and we're all smokin cigars.
spoke with primoris and if the weather holds up we should have tie-in in 2-3 wks approx. and 1-3 wks after for production analysis.
Piranhas2...the bone
oh yea, we are a group of traders from northern ca. (male & female) and we have been trading for about a year and 1/2.
we use the wizetrade software which has proven to be very simple and profitable.
cybertrader is our online broker and these guys are great. daytrading at its best.
any comments on who you use is always appreciated.
we got into STUOF for a reason... remember?
Piranhas2...the bone
snow_deer we like your calculations... may we ask where you get your info.
quietly holding 200,000...
5,000 boe/d @ 8.15 a share... mind sharing your calculations?
and we agree with you and snow_deer- our patience will pay off.
quietly holding 150,000...
"STUOf"... it's all good... and no this is not Brian Bass.
We've been reading your post's for awhile and don't get the anxiety. We don't feel that this is a day trading stock and yet some of the post's sound like day trading syndrome. waaa, waa,waa, we didn't make $500-2000 in ten minutes.
We are day traders and we like the $500-2000 days, yet if you are open to the med-long haul you can make alot of $ in a reasonable time frame if you can wait!!!
Is anything a guaranty in the stock market? how many mistakes have we all made? Don't ask...
SO when an opportunity comes along like "STUOF" let's do our homework and realize that this could be the real deal. If not then it's better than not trying at all.
Way to go snow flake (your not Brian Bass are you...jk)
we are in it for the haul.
Piranhas2
Any Wizetrade people on this site?