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Im willing to wait and see what happens. Good luck to all. Think Positive you`ll always have a better day.
Has any one bothered to look at the Home Creek JV lately ? Looking pretty good to me.
http://homecreekenergy.com/#blank
I like this JV.
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PGI Energy and BGI Contractors Form Joint Venture to Construct Land Drilling Rigs
July 11, 2011 06:03 AM Eastern Daylight Time
HOUSTON--(EON: Enhanced Online News)--PGI Energy, Inc. (Pink Sheets: PGIE):
“We are excited about the development of this new joint venture partnership with BGI Contractors to deploy these innovative drilling rigs to oil field service providers, which adds significant value for our shareholders”
PGI ENERGY, INC has entered into a joint venture partnership with BGI Contractors in conjunction with its previously announced partnership with Structural Dynamics Engineering Co. for Manufacturing & Development of innovative proprietary land drilling rigs designed by Jose A. Macias, a Mechanical Engineer. The joint venture partners will share 50% of profits each. The joint venture partnership initially will focus on fabrication of drilling rigs for its existing contract orders for 750 HP Mobile Drilling Rigs and the 2000 HP SCR Drilling Rig for the government of India, and its client in China who have placed orders for three 250T Top-Drives the innovative Top-Drive drilling rig, and Malaysia for four 1000HP SCR Drilling Rigs. Current customers of Structural Dynamics Engineering are Precision Drilling, Arrow Drilling, Pie Grande Drilling, Fidelity Exploration and Production, JJ Drilling International, DIJOILFIELD LLC., Petroleos de Venezuela, S.A. (PDVSA), and PetroleosMexicanos, S.A. (PEMEX). “We are excited about the development of this new joint venture partnership with BGI Contractors to deploy these innovative drilling rigs to oil field service providers, which adds significant value for our shareholders,” says Robert Gandy, Senior Underwriter/Chief Investment Officer for PGI.
About BGI Contractors
BGI Contractors is a general contractor, and the operation was founded in 1991 to serve the petrochemical industry. BGI’s clients include a number of industrial sectors, including petrochemical and refining, land drilling rigs, power, manufacturing, specialty industrial, marine, and the U.S. government. Additional BGI clients include, PGI Energy, Inc., J & L Instrumentation & Power, LLC, Shell Oil, Motiva Enterprises, ExxonMobil and Gerdau Ameristeel. In addition, BGI works with major managing contractors such as Bechtel, Jacobs and KBR. BGI manages projects of all sizes, coordinating engineering, subcontractors, planning, scheduling, construction and quality/acceptance testing. BGI has an excellent safety record and follow extensive quality checks to ensure standards compliance. BGI’s scope of work includes:
General Contractor -
Construction Services:
Project Management, Operation Personnel Support
Engineering & Design, Factory Acceptance Testing
Refinery Services: Pipe & Steel Fabrication & Installation
Mechanical & Civil, Mechanical Maintenance
Turnarounds & Startups, ASME Pressure Vessels
NBIC Pressure Vessel Repairs, Shop & Field
Tank Construction: Design, Build & Repair, Turn-key Projects
Industrial Buildings: Butler Builder® - Custom Buildings
Pre-Engineered Metal Buildings, Specialty Buildings –
Control Rooms, Storm Proof & Blast Resistant Buildings,
Including BGI’s proprietary design – The StrongBox®
BGI also covers the marine industry and operates under the name of United Marine Shipyard, LLC.
United Marine Shipyard (UMS) services the international ship and drill rig industry. They offer all types of offshore rig repair, ship repair, new rig construction and marine engineering and design. UMS provides onsite rig repairs worldwide, while major rig repairs, upgrades and conversions are completed at their fab yard in Port Arthur, Texas. UMS provides all types of marine construction for the offshore drilling industry internationally, such as Hercules Offshore, Noble Drilling and Pride Offshore, etc. UMS also provides ship repairs to the commercial marine industry and the U.S. government. UMS clients include the U.S. Navy, U.S. Coast Guard and U.S. Maritime Administration. Its management team and engineering staff has over 150 years of combined experience in marine construction. United Marine Shipyard is a subsidiary of BGI Contractors, and its operation was also formed in 1991, and specializes in the following services:
General Contractor -
Marine Construction Services:
Drill Rig Repair & New Construction, Ship Repair
Production Platforms, Marine Engineering & Design
Blast Resistant Quarters, Rig Conversions & Upgrades
Personnel Management, Marine Demolition & Salvage
Fabrication Services:
Alloy Pressure Vessels, High Pressure Pipe, Tanks
Structural Steel, Bins, Handrails & Ladders
Repair Services:
Boilers, Control Valves, Diesel Engines, Pumps
Motors, Instrumentation Equipment
BGI Contractors and United Marine Shipyard has been a trusted name in the gas & oil, petrochemical, refinery and marine industries since 1991 and has over 150 years of combined experience. Most of BGI’s management team and its President, A.B. Bernard, started the operations after the closing of Bethlehem Steel Shipyard’s marine division. Visit us at www.bgitexas.us or mail@bgitexas.us
Visit us at www.umtexas.us or mail@umtexas.us
About Structural Dynamics Engineering
Structural Dynamics Engineering develops a variety of products for the automotive industry and oil field services companies with product lines of land drilling rigs, crown blocks, top-drives, traveling blocks, rotary tables, pipe handler equipment, catwalks, automation, robotics, full repair services and equipment for material handling. Structural Dynamics Engineering has been a private owned company by Jose A. Macias, M.E. who has worked with automotive industry structural design companies and drilling services companies since 1986.
Website: www.structuraldynamicsengineering.com
About us
PGI Energy, Inc. is an energy holding company, headquartered in Houston, Texas. The company’s purpose is to acquire assets in the proven producing oil and gas assets, refinery and pipeline sectors of the energy industry and other synergistic assets. The company will only acquire proven producing oil and gas assets.
PGI has formed several partnerships to grow its core business organically through strategic alliances diversifying its interest in green energy through biomass production, waste to energy, wood pellets production, syn gas, bio char production and plastics to synthetic crude. PGI has several core divisions which provide support to its operations and customers such as PGI Transportation & Logistics, PGI Manufacturing & Engineering and PGI Commodities Trading.
For more information visit: WWW.PGIEnergy.us or Email: ir@pgienergy.us
Contacts
PGI Energy, Inc.
Jose´ I. Colo´n, 832-900-1400
Recent Stories from PGI Energy, Inc.
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July 14, 2011
HOUSTON--(EON: Enhanced Online News)--PGI Energy Shareholder Letter more »
PGI Energy and J & L Instrumentation & Power, LLC and Knox J & L Energy Solutions Form Joint Venture to Develop 1000 MW Power Plant in Ajaokuta Nigeria
July 08, 2011
HOUSTON--(EON: Enhanced Online News)--PGI ENERGY AND J & L INSTRUMENTATION & POWER, LLC AND KNOX J & L ENERGY SOLUTIONS FORM JOINT VENTURE TO DEVELOP 1000 MW POWER PLANTS IN AJAOKUTA NIGERIA more »
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June 29, 2011
HOUSTON--(EON: Enhanced Online News)--PGI Energy and Esperotia Investments form Joint Venture to Develop EU Market more »
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PGI ENERGY AND BGI CONTRACTORS FORM JOINT VENTURE TO CONSTRUCT LAND DRILLING RIGS
PGI Energy, Inc.
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Don`t know if this will help.
Dividends are payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.[1] When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be paid to the shareholders as a dividend. Many corporations retain a portion of their earnings and pay the remainder as a dividend.
For a joint stock company, a dividend is allocated as a fixed amount per share. Therefore, a shareholder receives a dividend in proportion to their shareholding. For the joint stock company, paying dividends is not an expense; rather, it is the division of after tax profits among shareholders. Retained earnings (profits that have not been distributed as dividends) are shown in the shareholder equity section in the company's balance sheet - the same as its issued share capital. Public companies usually pay dividends on a fixed schedule, but may declare a dividend at any time, sometimes called a special dividend to distinguish it from the fixed schedule dividends.
Cooperatives, on the other hand, allocate dividends according to members' activity, so their dividends are often considered to be a pre-tax expense.
Dividends are usually paid in the form of cash, store credits (common among retail consumers' cooperatives) and shares in the company (either newly created shares or existing shares bought in the market.) Further, many public companies offer dividend reinvestment plans, which automatically use the cash dividend to purchase additional shares for the shareholder.
The word "dividend" comes from the Latin word "dividendum" meaning "thing to be divided".[2]
Any one have level 2? Want to buy some more but not sure where its going.Thanks
I appreciate your input, sure looking good to me.
A friend of mine works for Chesapeake oil and gas as a driller and gave me some names of other companies that were in the same buisness. When I started looking at the prices I started gettin excited about where TECO could go.Here is the list and prices from a couple days ago.
Chesapeak 28.77
Southwestern Energy 41.05
Extreme oil & gas .33
BHP Billition 89.25
Devon 77.59
Eagleford Energy 1.16
Hope this goes to the top. Happy trading.
This was on Scott Trade Friday. Don`t know if you guys saw it.
Treaty Energy acquires two SHOTWELL oil producing leases in Texas, US
3 days 19 hours 44 minutes ago - DTF via Comtex
Datamonitor Financial Deals Tracker
Treaty Energy Corporation, a US-based company engaged in the acquisition, development and production of oil and natural gas, has acquired two additional leases in Texas, the SHOTWELL W. F. and the SHOTWELL C leases.
Treaty indicated that production on these leases is currently 4.18 barrels of oil per day.
Deal Type Acquisition
Sub-Category Asset Purchase
Deal Status Completed: 2011-04-20
Deal Participants
Target (Company) Undisclosed Company - SHOTWELL W. F. and the SHOTWELL C Leases - Texas, US
Acquirer (Company) Treaty Energy Corporation
Vendor (Company) Undisclosed Company*
Deal Rationale
The acquisition allows Treaty to have an additional 138 acres to drill on, which represents 30 or more virgin well sites.
I sent them an email asking them about it and got no response.
Mr Burger,and others if interested. I have about 10 penny stocks and the one that I have that is doing the best is MMTE. Mammoth Energy. I bought it at .0009 and .001.Have 785000 shares .Wish I had more ,it closed Friday at .0031. The management seems eager to answer emails and phone calls.Looks like it`s going to keep climbing. Lost a g note on KHGT so far , hope it comes back up. Happy Trading.
Just read KGEM`s post 50071, Just about brought a tear to my eye. Go MMTE!!!
I was wondering if what they had done was legal. It didn`t seem right to me, but i`m not a seasoned investor like yourself.To be able to totally change a company without a word to the share holders shurly is illegal .Thanks for all you do .
Thanks for the reply and for your DD. Happy trading
Mr. Berger, Do you have any Idea where the old management went with there solar teck and the Tri Brid system ? Like to Keep up on that if I knew where to look. Thanks
Thanks Berger, let us know
Seems He`s got his fingers in a lot of pies. Hummmm!
Is the CEO of khgt Andrew Austin. If it is he`s the same as the CEO of Sympower corp . Judging this by a post I saw the other board
It came up for me
Thanks Berger, let us know when you get done with the call.I'm starting to get a little nervous about this one.
Been watching you guys for a while, this is my first post. I would`nt get discouraged ,I`ve got ten stocks and there all down for the last 3 days. It`s not just MMTE. It must be the world news. Look at the DOW, NYSE, NASDAQ Etc. Don`t worry it`ll com back up and we`ll all have smiles on our faces. Go MMTE!!!
I hope not. I don`t know about you guy`s but every stock I have is down today. Hope to see sunny sky`s tomorrow
Don`t know who hit the .033 , but thanks. maybe that stopped it for a while.
yoohoooo!!!!!
Looks like Berger was right ,We may see this thing go upin 100 share lots
Hope that helped every one.just bought 200 shares at the ask..0038 .made me go from down day to up