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NIce! we need to break .025 then we see .03
Penny can you take a look at UVSE, getting alot of buzz and big volume.
thanks
Best
SP
Hi chart for UVSE and MMTE thanks for your work
best
SP
OPEC Leader Khelil Says Dollar Will Drive Oil to $170 (Update1)
By Ahmed Rouaba
June 28 (Bloomberg) -- OPEC President Chakib Khelil predicted that the price of oil will climb to $170 a barrel before the end of the year, citing the dollar's decline and political conflicts.
``Oil prices are expected to reach $170 as demand for fuel is growing in the U.S. during the summer period and the dollar continues to weaken against the euro,'' Khelil said today in a telephone interview. The leader of the Organization of Petroleum Exporting Countries also serves as Algeria's oil minister.
Political pressure on Iran and the depreciation of the U.S. currency have caused a surge in oil prices, Khelil said. New York- traded crude has more than doubled in a year and touched a record $142.99 a barrel yesterday on the New York Mercantile Exchange.
OPEC ministers generally say that oil output is sufficient, even as Saudi Arabia, the biggest producer, pledged to pump an extra 200,000 barrels a day next month to calm the market. ``The market is completely supplied,'' Venezuelan Oil Minister Rafael Ramirez said yesterday. Libya announced possible production cuts, calling the market oversupplied.
The rising cost of crude is not linked to supply, Khelil said today. ``There is more than enough oil in the market to meet the international demand,'' added the OPEC president, who will take part June 30 in an international energy forum in Madrid.
Prices, which are up 38 percent this quarter, are heading for the biggest quarterly gain since the first three months of 1999, when oil traded between $11 and $17.
Declining Dollar
``The decisions made by the U.S. Federal Reserve and the European Central Bank helped the devaluation of the dollar, which pushed up oil prices,'' Khelil said.
Oil may extend gains if the ECB boosts rates on July 3, further weakening the U.S. currency. The dollar has declined 15 percent against the euro in 12 months.
ECB President Jean-Claude Trichet reiterated June 25 that policy makers may increase the main refinancing rate by a quarter-percentage point next month to contain inflation. The Federal Reserve left the benchmark U.S. rate at 2 percent on June 25. On Sept. 18 the Fed began cutting rates to bolster an economy already reeling from the credit crisis.
To contact the reporter on this story: Ahmed Rouaba in Algiers at arouaba@bloomberg.net
Last Updated: June 28, 2008 11:34 EDT
Yes please,I was watching MMTE also. thanks
MMTE .0022, worth a look, up 29% on 45 million shares
Mammoth Energy Group, Inc. Announces Drilling Update
http://biz.yahoo.com/iw/080618/0408024.html
Anybody happen to watch the new series on TNT about Texas oil rig drillers called "Black Gold" ? Pretty interesting stuff to watch while we wait for TNOG news.
Heres to a green week!
SP
Thank for the update...the future of TNOG is really looking bright, new management is following through on what they said they would do. Just getting onto the OTCBB would be huge. And with oil going over 140 today, we are seeing a perfect storm setting up for TNOG shareholders.
This was a post to the TNOG longs board on Yahoo by Brandon. He posts there fairly regularly and is pretty good about answering questions if he can. John is a TNOG shareholder that posts there. You can join the group I am a moderator there so can approve you.
Nice trade of yours!
Best
SP
Note from Management
Hello Group,
Thank you very much for your support and awesome feedback. I have stated previously and will say it again we are very much focused on building Titan into a strong stockholder focused Company that is driven by investor demands and results-oriented management.
To this end, thanks for sticking the hard part out and I hope that you will be pleased with the way we are going to expand and know that the bottom line is clearly what can the balance sheet offer to investors.
John and others - we will work to make an available shirt/hat or something similar that can be made available; this could be offered at the AGM or on an on-site visit perhaps. Either way we are focusing our energies and capital on development and expansion of new opportunities in Kern County and abroad so this will be a work in progress.
I plan, if welcomed to share some ideas on the business plan with everyone in a few coming posts and encourage feedback to help Titan cater to investor ideals and a keen focus on value.
TNOG Management
Please read through our entire disclaimer: http://www.titanoilandgas.com/disclaimer
Im reposting this as it is good solid DD
Taken directly from the Initial Company Information and Disclosure Statement::
6. Any default of any note, loan, lease, or other indebtedness of financing
arrangement requiring the issuer to make payment;
There are none at this time.
4. Whether the Issuer has been in bankruptcy, receivership or any similar
proceedings;
The Company has not been and is not in the process of filing bankruptcy,
receivership or any similar proceeding.
Any increase in 10% or more of the same class of outstanding equity securities;
There has been no increase in any class of outstanding equity securities of
10% or more, or any forward or reverse splits in the last 3 years
The following describes the issuer’s business so a potential investor clearly understands it.Titan Oil and Gas Inc. is involved in the acquisition of oil properties. The company has a large tax write off that the company will use to maximize
profits. The company has two leases that it is currently developing. The first is the Eberle #1 well in Bastrop County, TX that is expected to go online shortly, which would be the start of the company’s portfolio of projects. The second, in Kern County, is currently under development.
2. If the issuer has never conducted operations, is in the development stage, or is currently conducting operations;
The company has conducted operations at several locations in Texas thatwere promising oil and gas targets. It currently is waiting for a well in the Bastrop County area to come online as a producing well. The company also plans on acquiring more projects to add to its portfolio.
5. Present Activities
The issuer has a well on it’s Eberle Lease in Bastrop County, TX Known as Eberle #1. The well was drilled in August 2006. Completion activities were then performed at the end of September that same year. The well was then prepared for production but remains on hold until it is connected to the natural gas pipeline in the area.
check out the Initial Company Information and Disclosure Statement under "Filings"
http://pinksheets.com/pink/quote/quote.jsp?symbol=tnog#getFilings
lets review and refresh our memories....
You've said this a million, billion, kajillion times and it is STILL wrong.
You can't have it both ways. Since TNOG 'only' gets 16.9% royalties, why would they have to pay 100 percent of the lien?
So no...THEY DON'T OWE SCHLUMBERGER TECHNOLOGY THAT MONEY.
.
Thank you Montanaore........
New Member to Titan's Board and Updating Our Information On Pinksheets.com
Making sure we are current regarding our information and disclosures is a crucial step in regards to the turnaround process. We see this as marking a transitional point. We had a flurry of information that came out in quick succession when we were getting a number of interrelated financial issues addressed. Now as we move more fully into developing projects the news may come a bit less often but what we will be saying is much more substantial. We will be dealing less with process related items and more with those that will positively affect the balance sheet
We at Titan are pleased to announce that we have started our approach into full disclosure and compliance. We just recently added our full initial company information and disclosure statement as well as our financials up until 1st quarter 2008. It is management’s intention to maintain our financial reporting through Pink Sheets as well as obtaining “Current Information Status” which requires full disclosure almost identical to SEC reporting requirements. This is our first step prior to registering our filings with the SEC which is planning during the 3rd quarter. This is all possible now with the addition of Mr. Shelby Clark as Chief Legal Officer, Secretary and a Member of the Board of Directors. Please use the link below to obtain the statements.
http://pinksheets.com/pink/quote/quote.jsp?symbol=tnog#getQuote
While a “Current Information” designation is not a recommendation it is substantial since the company hasn’t met the requirements as set by Pink OTC Inc. as of August, 2007. “We’re going to continue to improve all aspects of the company because details matter,” stated Titan Oil and Gas President Brandon Toth. He continued, “I encourage investors to go over the documents, we worked hard to put them together and we think there is information in them that is important.”
Also with the addition of Mr. Shelby Clark this sparks the next phase of the Company including an aggressive approach of asset/project acquisition to expand production revenue as well as managements plan’s to become an environmentally friendly Company. These plans as well as the full business plan will be released and stockholder discussion will be available at the soon to be scheduled Annual General Meeting. We will be posting additional updates to the blog regarding the current status of our Texas and California projects and wells so please stay informed by visiting the blog regularly or signing up for our stockholder newsletter.
.
Titan Oil and Gas Announces the Addition of a Board Member and Updates Information on Pink Sheets Listing Service
Titan Oil and Gas Has Posted Both Its Disclosure Statement And Financial Filings As Required By Pinksheets.com To Meet Requirements for Full Compliance
AUSTIN, Texas--(BUSINESS WIRE)--Titan Oil and Gas Inc. (Pink Sheets: TNOG - News) is pleased to announce the addition of Mr. Shelby Clark to the Board of Directors. He will also be taking the positions of Secretary and Chief Legal Officer (CLO). Mr. Clark's experience in the small cap market is invaluable to our plans to move forward with project acquisition as well as bring the company's corporate books up to date. He holds a law degree from the University of California, Hastings, where he graduated magna cum laude and edited the Hastings Law Journal. Mr. Clark is admitted to the state bar associations in both California and Oregon. Mr. Clark's expertise ranges from seed-round and subsequent equity funding, bridge-note and other debt financings, acquisitions, and assisted on significant transactions up through initial public offerings.
http://pinksheets.com/pink/quote/quote.jsp?symbol=tnog#getQuote
He will also help the company achieve "Current Information Provider" on PinkSheets.com as well as help the company move to start our SEC filings. "I enjoy structuring innovative transactions and developing approaches that benefit all parties in business deals and partnerships," said Mr. Clark of his position's role within the company. "Our ability to act quickly and effectively, and the developing trust we have with our partners, pave the way for further growth."
News....Titan Oil and Gas Announces the Addition of a Board Member and Updates Information on Pink Sheets Listing Service
Friday June 20, 12:30 pm ET
Titan Oil and Gas Has Posted Both Its Disclosure Statement And Financial Filings As Required By Pinksheets.com To Meet Requirements for Full Compliance
AUSTIN, Texas--(BUSINESS WIRE)--Titan Oil and Gas Inc. (Pink Sheets:TNOG) is pleased to announce the addition of Mr. Shelby Clark to the Board of Directors. He will also be taking the positions of Secretary and Chief Legal Officer (CLO). Mr. Clark’s experience in the small cap market is invaluable to our plans to move forward with project acquisition as well as bring the company’s corporate books up to date. He holds a law degree from the University of California, Hastings, where he graduated magna cum laude and edited the Hastings Law Journal. Mr. Clark is admitted to the state bar associations in both California and Oregon. Mr. Clark’s expertise ranges from seed-round and subsequent equity funding, bridge-note and other debt financings, acquisitions, and assisted on significant transactions up through initial public offerings.
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He will also help the company achieve “Current Information Provider” on Pinksheets.com as well as help the company move to start our SEC filings. "I enjoy structuring innovative transactions and developing approaches that benefit all parties in business deals and partnerships," said Mr. Clark of his position's role within the company. "Our ability to act quickly and effectively, and the developing trust we have with our partners, pave the way for further growth."
Titan has brought the corporate and financial information up to date per the requirements listed at Pinksheets.com for Pink OTC Inc. to be a “Limited Information Provider.” The information that is now listed on the Pink Sheets website includes the initial company information and disclosure statement as well as the company’s financials. The legal opinion letter with respect to adequate public information will be added in the next few weeks after it has been reviewed by the company’s CLO. After the opinion letter is added the company will meet the criteria required to be listed as a “Current Information Provider.” The completed documents have been added to the Titan Oil and Gas page at Pinksheets.com under the tab “filings” in the following link,
http://pinksheets.com/pink/quote/quote.jsp?symbol=tnog#getQuote
"sell in may and go away " effect....I'm just chillin'
New files posted at Pinksheets.com Corporate Bylaws and Articles of Incorporation.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=tnog#getFilings
Hat tip littledutchdenny
Its called trading. Nothing wrong with people making money.
got a grudge?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=20014214
Welcome to the board! Feel free to chime in when you like, we are a pretty good group here. Lots of DD in the IBOX.
Best
SP
No, but I enjoyed watching the trading on your board. very impressive!
And I think thats pretty popular in the south too...good hobby !!
Crow you have posted your "Has anyone called Tejones " post over seven times, post it again and I am considering it spam. Everyone can do their own DD here, no one needs you nagging them constantly. Geez , go have a beer and chill out...we don't need a nag here. Man up.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29928927
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29899162
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29898425
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29793181
and theres more!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29566621
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29503035
and more....this could take all day... I think the board gets the point.
4God, thanks for the FMNJ chart, helps alot.
best SP
FMNJ, looks like its putting in a bottom, Thanks!
Best
SP
medchal, why don't you just give Brandon a call and ask him if Clayton is involved with TNOG. That should end those sleepless nights worrying about TNOG.
Contact:
Titan Oil and Gas Inc.
Brandon Toth
Domestic: 1-888-831-TNOG (8664)
International: 512-897-1813
Email: Info@TitanOilandGas.com
Website: http://www.TitanOilandGas.com
Blog: http://www.TitanOilandGas.com/wordpress
Thats Brandon alright and he's pointing at TNOGs future.
Hope ya'll have a great weekend.
Wow thats really earth shattering news! Good thing we have you as our "DD" guy!
Steady progress, one step at a time....
Volume is really low today, everyone is holding for more news.
Have a great weekend longs...
SP
I added at .0015 and .0013 also, you gotta give credit when credits due !
You two need to stop bickering, lets keep it on TNOG and not personal attacks. We know mechal's past history here... it's pretty clear he likes to provoke emotional responses.
Looks like we held .0055 today,close at .006. If we can get news of the well hook up early next week we should be able to get past the .007 resistance.
Everyone have a great Holiday Weekend~ go burn some meat on the grill
SP
Post your proof that insiders are selling, theres none. Your so called DD must stand for Desperate and Dumb. Lame would work too.
TNOG is finally starting off on the right path, there are lot of uncertainties
ahead but with people predicting 12$ for a gallon of gas if there ever was the perfect time for TNOG to start producing oil this is it.
TNOG's well is in this area.
More good news longs, the hits keep on coming.
If you dont like it move off the dance floor.
Not bad company to keep!
New technologies have rendered older wells that were abandoned as unproductive newly viable in that they can come online and provide ample revenue.
Thats my thoughts on the dry wells crow, Ill repeat it for you...ample revenue.
Management’s Conference Call With Nahama Oil And Gas
Posted in Titan Oil and Gas News by admin
On Thursday Titan Oil and Gas Management conducted a conference call with Nahama Oil and Gas Management regarding their impending trip to Kern County. The trip which is primarily for the purpose of an in depth review of the Edison Lease; will also include an inquiry into other projects in the area. Mr. Rodney Nahama reflected that there were a number of projects that Titan management may want to consider upon arrival in California. Mr. Nahama went further stating he wanted to show us his oil and gas projects in the Midway-Sunset field and discuss possible joint venture opportunities.
The discussion in the call ranged from new technologies to the nature of the crude and natural gas extracted in the area. New technologies have rendered older wells that were abandoned as unproductive newly viable in that they can come online and provide ample revenue. Mr. Nahama pointed out that many wells that were left behind in the late eighties, because oil prices had fallen to a point where they were no longer financially viable, are now back in play with higher oil prices. It was also noted that the oil in the region is quite a bit heavier than in other regions, such as Texas.
Mr. Rodney Nahama also offered to review the company’s strategy for project acquisition and its business plan regarding Kern County and in general. Having been with Royale Energy (NASDAQ: ROYL - http://www.royl.com/) since its inception, he suggested we model our approach in California on Royale’s and offered to advise on how we would go about doing this. The business plan will include Mr. Nahama’s perspectives on project development and acquisition. “His perspectives are invaluable for our work in California, we can see this taking shape quite well,” according to President, Brandon Toth. He continued, “the work we can get done when we are actually on site as well as touring other possible projects is incalculable
Thank you MR DD, nicely done!