I don't give people hell, I just tell them the truth and they think it's hell. H. Truman
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The Company, through its wholly owned subsidiary Ridgeway Arizona Oil Corp., owns and operates an approximate 100% interest in various units and leases within the 25,000 acre Chaveroo field. The Company has an average net revenue interest of approximately 75.5%.
The Chaveroo San Andres field was discovered in 1960 and to date has produced over 25 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,500 feet. Since purchasing interest in the field, the Company has upgraded surface facilities, reactivated several additional wells and plugged and abandoned numerous wells. Current production at Chaveroo is approximately 30 bopd. As with the Milnesand field, there is a potential to increase recovery efficiencies in the Chaveroo field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery projects.
The Company, through its wholly owned subsidiary Ridgeway Arizona Oil Corp., owns and operates an approximate 100% interest in various units and leases within the 25,000 acre Chaveroo field. The Company has an average net revenue interest of approximately 75.5%.
The Chaveroo San Andres field was discovered in 1960 and to date has produced over 25 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,500 feet. Since purchasing interest in the field, the Company has upgraded surface facilities, reactivated several additional wells and plugged and abandoned numerous wells. Current production at Chaveroo is approximately 30 bopd. As with the Milnesand field, there is a potential to increase recovery efficiencies in the Chaveroo field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery projects.
The Company, through its wholly owned subsidiary EOR Operating Company, owns and operates a 100% interest in the 4,880 acre Milnesand San Andres Unit and a 100% interest in the adjacent 1,800 acre Horton Federal lease. The Company has an average net revenue interest of approximately 80%.
The Milnesand San Andres field was discovered in 1959 and to date has produced roughly 12 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,700 feet. Subsequent to purchase, the Company has upgraded surface facilities, reactivated several wells, converted several wells to water injectors and completed a pilot CO2 flood over a limited area in the north portion of the field Current production at Milnesand is approximately 60 bopd. There is a potential to increase recovery efficiencies in the Milnesand field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery project.
Enhanced Oil Resources Inc. owns and operates two large historic oil fields in New Mexico, the Milnesand & Chavaroo oil fields. Recorded Production of these two fields is in excess of 37 million barrels, representing approximately 10% of the oil in place. The Company plans to unlock the value in these resource-rich fields by increasing the efficiency of its operations, and by applying new and proven unconventional production technologies.
The AOT was RETURNED by TRANSCANADA.
IT DOES NOT WORK TO TRANSCANADA STANDARDS!
NOT economically and commercially feasible.
Back to the drawing board, per the STWA CEO, "ongoing refinement"
TransCanada terminated an equipment lease after ONLY 2 WEEKS in operation!
The AOT WAS A BIG FAIL!
Untrue and absurd statements
Revenues exceeding $10,000,000 a year 3 years standing.
15,000 acres in Permian Basin!
This shareholder has!!! $$$$$$
Adding shares. Making $$$$$
It's worth repeating, this shareholder has made $$$$$ and will add more shares!
CEO SAYS ITS NOT COMMERCIALLY PROVEN and HAS NOT BEEN ACCEPTED BY THE OIL INDUSTRY!
March 16, 2015
Mr. Bigger states...
At this time, our technology is commercially unproven, and the use of our technology by others is limited. The commercial success of our products will depend upon the adoption of our technology by the oil industry.
Date: March 16, 2015 /s/ GREGGORY BIGGER
Greggory Bigger
Chief Executive Officer
"Although Dr. Tao’s preliminary report indicated promising results, STWA and TransCanada mutually agreed that no conclusions could be reliably reached from the July 2014 test or from Dr. Tao’s preliminary report. "
It was a flawed test. The customer terminated the lease within 2 weeks of commencement. VERY DISAPPOINTING! The AOT is a big fail!
BIGGER and TRANSCANADA WERE FLOORED BY FLAWED TESTING RESULTS. TRANSCANADA TERMINATED THE LEASE WITHIN 2 WEEKS OF INITIAL FLAWED TESTING.
Bigger stated in SEC filing:
Upon review of the July 2014 test results and preliminary report by Dr. Tao, STWA and TransCanada mutually agreed that this initial test was flawed due to, among other factors, the short term nature of the test, the inability to isolate certain independent pipeline operating factors such as fluctuations in upstream pump station pressures, and limitations of the AOT device to produce a sufficient electric field to optimize viscosity reduction. Although Dr. Tao’s preliminary report indicated promising results, STWA and TransCanada mutually agreed that no conclusions could be reliably reached from the July 2014 test or from Dr. Tao’s preliminary report.
.
ACCTUALLY YOURE POST IS MISLEADING.....
BOTH STWA AND TRANSCANADA DISMISSED THE TEST RESULTS. FLAWED AND NO CONCLUSIONS COULD BE MADE.
NO news release stated they were floored! That is so misleading.
FROM THE SEC FILING.
"Although Dr. Tao’s preliminary report indicated promising results, STWA and TransCanada mutually agreed that no conclusions could be reliably reached from the July 2014 test or from Dr. Tao’s preliminary report. "
BIGGER and TRANSCANADA REPORTED FLAWED TESTING RESULTS
Bigger stated in SEC filing:
Upon review of the July 2014 test results and preliminary report by Dr. Tao, STWA and TransCanada mutually agreed that this initial test was flawed due to, among other factors, the short term nature of the test, the inability to isolate certain independent pipeline operating factors such as fluctuations in upstream pump station pressures, and limitations of the AOT device to produce a sufficient electric field to optimize viscosity reduction. Although Dr. Tao’s preliminary report indicated promising results, STWA and TransCanada mutually agreed that no conclusions could be reliably reached from the July 2014 test or from Dr. Tao’s preliminary report.
.
Adding shares.
Making $$$$$$
Here's a FACT.....
CEO SAYS ITS NOT COMMERCIALLY PROVEN and HAS NOT BEEN ACCEPTED BY THE OIL INDUSTRY!
March 16, 2015
Mr. Bigger states...
At this time, our technology is commercially unproven, and the use of our technology by others is limited. The commercial success of our products will depend upon the adoption of our technology by the oil industry.
Date: March 16, 2015 /s/ GREGGORY BIGGER
Greggory Bigger
Chief Executive Officer
Enhanced Oil Resources Inc. owns and operates two large historic oil fields in New Mexico, the Milnesand & Chavaroo oil fields. Recorded Production of these two fields is in excess of 37 million barrels, representing approximately 10% of the oil in place. The Company plans to unlock the value in these resource-rich fields by increasing the efficiency of its operations, and by applying new and proven unconventional production technologies.
The Company, through its wholly owned subsidiary EOR Operating Company, owns and operates a 100% interest in the 4,880 acre Milnesand San Andres Unit and a 100% interest in the adjacent 1,800 acre Horton Federal lease. The Company has an average net revenue interest of approximately 80%.
The Milnesand San Andres field was discovered in 1959 and to date has produced roughly 12 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,700 feet. Subsequent to purchase, the Company has upgraded surface facilities, reactivated several wells, converted several wells to water injectors and completed a pilot CO2 flood over a limited area in the north portion of the field Current production at Milnesand is approximately 60 bopd. There is a potential to increase recovery efficiencies in the Milnesand field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery project.
The Company, through its wholly owned subsidiary Ridgeway Arizona Oil Corp., owns and operates an approximate 100% interest in various units and leases within the 25,000 acre Chaveroo field. The Company has an average net revenue interest of approximately 75.5%.
The Chaveroo San Andres field was discovered in 1960 and to date has produced over 25 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,500 feet. Since purchasing interest in the field, the Company has upgraded surface facilities, reactivated several additional wells and plugged and abandoned numerous wells. Current production at Chaveroo is approximately 30 bopd. As with the Milnesand field, there is a potential to increase recovery efficiencies in the Chaveroo field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery projects.
"As previously reported, the Company is initiating the first ever lateral drilling program at the Milnesand San Andres oil field, located in Roosevelt County, New Mexico. The initial program of 3 horizontal wells is expected to take approximately 30 to 45 days to complete and will be followed by extensive testing and potentially, fracture stimulation. "
HOUSTON, Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) today announced that it has entered into a Letter of Intent with Schlumberger Technology Corporation (Schlumberger) whereby Schlumberger, at its own cost, will conduct an in-depth technical evaluation of the potential redevelopment of the Milnesand and Chaveroo oil fields, located in Chaves and Roosevelt Counties, New Mexico. Schlumberger will utilize in-house experts in primary, secondary and tertiary recovery with the ultimate goal of deciding the best way forward, if appropriate, to recover additional oil reserves contained within these fields.
The Company, through its wholly owned subsidiary Ridgeway Arizona Oil Corp., owns and operates an approximate 100% interest in various units and leases within the 25,000 acre Chaveroo field. The Company has an average net revenue interest of approximately 75.5%.
The Chaveroo San Andres field was discovered in 1960 and to date has produced over 25 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,500 feet. Since purchasing interest in the field, the Company has upgraded surface facilities, reactivated several additional wells and plugged and abandoned numerous wells. Current production at Chaveroo is approximately 30 bopd. As with the Milnesand field, there is a potential to increase recovery efficiencies in the Chaveroo field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery projects.
The Company, through its wholly owned subsidiary Ridgeway Arizona Oil Corp., owns and operates an approximate 100% interest in various units and leases within the 25,000 acre Chaveroo field. The Company has an average net revenue interest of approximately 75.5%.
The Chaveroo San Andres field was discovered in 1960 and to date has produced over 25 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,500 feet. Since purchasing interest in the field, the Company has upgraded surface facilities, reactivated several additional wells and plugged and abandoned numerous wells. Current production at Chaveroo is approximately 30 bopd. As with the Milnesand field, there is a potential to increase recovery efficiencies in the Chaveroo field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery projects.
$68.5 MILLION PV-10
15,000 acres in the Permian Basin
$5.5 million in capital raise
This sharehder has!!! $$$$$$
Adding shares. Making $$$$$
It's worth repeating, this shareholder has made $$$$$ and will add more shares!
This sharehder has!!! $$$$$$
Adding shares. Making $$$
CEO SAYS ITS NOT COMMERCIALLY PROVEN and HAS NOT BEEN ACCEPTED BY THE OIL INDUSTRY!
March 16, 2015
Mr. Bigger states...
At this time, our technology is commercially unproven, and the use of our technology by others is limited. The commercial success of our products will depend upon the adoption of our technology by the oil industry.
Date: March 16, 2015 /s/ GREGGORY BIGGER
Greggory Bigger
Chief Executive Officer
Hummm, I wonder if the judges are aware of this info?
FLAWED TESTING RESULTS
Bigger stated in SEC filing:
Upon review of the July 2014 test results and preliminary report by Dr. Tao, STWA and TransCanada mutually agreed that this initial test was flawed due to, among other factors, the short term nature of the test, the inability to isolate certain independent pipeline operating factors such as fluctuations in upstream pump station pressures, and limitations of the AOT device to produce a sufficient electric field to optimize viscosity reduction. Although Dr. Tao’s preliminary report indicated promising results, STWA and TransCanada mutually agreed that no conclusions could be reliably reached from the July 2014 test or from Dr. Tao’s preliminary report.
$68.5 MILLION PV-10
15,000 acres in the Permian Basin
$5.5 million in capital raise
The Company, through its wholly owned subsidiary Ridgeway Arizona Oil Corp., owns and operates an approximate 100% interest in various units and leases within the 25,000 acre Chaveroo field. The Company has an average net revenue interest of approximately 75.5%.
The Chaveroo San Andres field was discovered in 1960 and to date has produced over 25 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,500 feet. Since purchasing interest in the field, the Company has upgraded surface facilities, reactivated several additional wells and plugged and abandoned numerous wells. Current production at Chaveroo is approximately 30 bopd. As with the Milnesand field, there is a potential to increase recovery efficiencies in the Chaveroo field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery projects.
Interesting article....
"Since then, Bloomberg News has published two critical articles about Save the World Air and the claims it makes in news releases, taking some of the helium out of the stock's balloon. But gullible investors remain....."
Year after year of FAILED products
What promotional company?
By they way, I'm adding shares and making money!
15,000 acres in the Permian Basin
68.5 PV-10
Enhanced Oil Resources Inc. Announces USD $5,500,000 Private Placement
HOUSTON , April 9, 2015 /CNW/ - Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) (the "Company") announces that it will conduct a non-brokered private placement (the "Private Placement") of common shares (the "Shares") of the Company at a price of CAD $0.05 per share to raise gross proceeds of up to USD $5,500,000 . The number of Shares to be issued will be determined by dividing the gross proceeds received by the US Dollar equivalent of CAD $0.05 on the Private Placement closing date.
HOUSTON, Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) today announced that it has entered into a Letter of Intent with Schlumberger Technology Corporation (Schlumberger) whereby Schlumberger, at its own cost, will conduct an in-depth technical evaluation of the potential redevelopment of the Milnesand and Chaveroo oil fields, located in Chaves and Roosevelt Counties, New Mexico. Schlumberger will utilize in-house experts in primary, secondary and tertiary recovery with the ultimate goal of deciding the best way forward, if appropriate, to recover additional oil reserves contained within these fields.
"As previously reported, the Company is initiating the first ever lateral drilling program at the Milnesand San Andres oil field, located in Roosevelt County, New Mexico. The initial program of 3 horizontal wells is expected to take approximately 30 to 45 days to complete and will be followed by extensive testing and potentially, fracture stimulation. "
$68.5 MILLION PV-10
15,000 acres in the Permian Basin
$5.5 million in capital raise
smile
Facts are facts.
At this time, our technology is commercially unproven, and the use of our technology by others is limited. The commercial success of our products will depend upon the adoption of our technology by the oil industry.
Date: March 16, 2015 /s/ GREGGORY BIGGER
Hummm, I wonder if the judges are aware of this info?
FLAWED TESTING RESULTS
Bigger stated in SEC filing:
Upon review of the July 2014 test results and preliminary report by Dr. Tao, STWA and TransCanada mutually agreed that this initial test was flawed due to, among other factors, the short term nature of the test, the inability to isolate certain independent pipeline operating factors such as fluctuations in upstream pump station pressures, and limitations of the AOT device to produce a sufficient electric field to optimize viscosity reduction. Although Dr. Tao’s preliminary report indicated promising results, STWA and TransCanada mutually agreed that no conclusions could be reliably reached from the July 2014 test or from Dr. Tao’s preliminary report.
As evidenced by NO ORDERS, NO POs, NO COMMITMENT AND A EQUIPMENT LEASE TERMINATED AFTER JUST 2 WEEKS, TransCanada is NOT INTERESTED IN THE AOT.
Unfortunately it's not economical and not commercially feasible.
IT WAS RETURNED FOR "ongoing refinement" over 4 months ago!
The AOT IS A BIG FAIL!
And Bigger says:
At this time, our technology is commercially unproven, and the use of our technology by others is limited. The commercial success of our products will depend upon the adoption of our technology by the oil industry.
Date: March 16, 2015 /s/ GREGGORY BIGGER
Greggory Bigger
Chief Executive Officer
SHL can you sticky that post?
The Company, through its wholly owned subsidiary Ridgeway Arizona Oil Corp., owns and operates an approximate 100% interest in various units and leases within the 25,000 acre Chaveroo field. The Company has an average net revenue interest of approximately 75.5%.
The Chaveroo San Andres field was discovered in 1960 and to date has produced over 25 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,500 feet. Since purchasing interest in the field, the Company has upgraded surface facilities, reactivated several additional wells and plugged and abandoned numerous wells. Current production at Chaveroo is approximately 30 bopd. As with the Milnesand field, there is a potential to increase recovery efficiencies in the Chaveroo field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery projects.