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I expected news early Feb Thinking we get news Tomorrow or Friday IMO
GRPR is ready for a PPS explosion....
I take it your long your not getting your 0005's better buy all you can here. Its about to take off
GO GRPR GO ITS GOING TO HAPPEN VERY SOON A HUGE PPS MOVE
Market Cap
377.13 k I see her going to 5 million from HERE LADIES.............
Multiple News angles WE can get Bashers will soon be pumping this stock looking for a quantum wave of a move in near future. Oil plays take time patience is the key here.
~~This stock will hit a penny sooner than later. We just need the right news.
(A) well Garcia 3 {green light.~~~
B) Central Cali Kreynehagen!
(C) The company also reports that the development of the additional acreage in the Northwest Premont Area that will be developed by Grid Petroleum's Operating Company, Grid Petroleum Production is continuing with significant progress.
The company anticipates that its first development well of the new prospect will be initiated in the first quarter of 2013.
(D )SE Jonah Prospect comprising 4 leases covering an area of approximately 3,744.57 acres located in the Greater Green River Basin, Wyoming; and a 50% working interest in a mineral lease on 4,000 acres in Kings and Fresno counties in California. UPDATE?
12's!
GRPR ROLL TIDE these prices will be history soon back to pennyland on the right news BOOM
A lot of bi polar lads on this board. I expect multiple pieces of great news any time.
Late run today? I think we hit bottom.....
Go GRID GO Movie Extra your fired
Movie extra take 23
GO GRPR GO
Quantum News This week. GRPR GO GO GO GREEN
The run is coming
Movie extra take 20 he he he ha ha ha he he he Go GRPR GO
movie extra take 20 he he he he ha ha ha he he he no dumping gone on her all week
GO GRPR GO movie extra take 19 he he he he
movie extra take 18 you are a movie extra he he he
Remember what I said up 8.5% so far today GO GRPR
Movie extra take 17
Ready for the surge to start GO GRPR
movie extra take 17 The move is coming
Yeah hes a kook
From website dated 2/2012
NORTHWEST PREMONT FIELD
JIM WELLS COUNTY TEXAS
30 MILES FROM CORPUS CHRISTI TEXAS
?NORTHWEST PREMONT FIELD • 4,500 ACRE OIL AND GAS FIELD
• SHALLOW 4,000 FEET IN DEPTH – LOWER DRILLING COST
• OFFSET TO SUCCESSFUL PREMONT FIELD
– A GEOLOGICAL TWIN TO NORTHWEST PREMONT – HAD 31 WELLS
– WHICH PRODUCED 5,600,000 BBLS OF OIL
– & 28,000,000 MCF GAS
?NORTHWEST PREMONT FIELD
• TARGET FORMATIONS - FRIO SANDS • POTENTIAL PAY ZONES PER WELL
• 12 FRIO SANDS
• 3 MIOCENE SANDS
• RESERVES
• 20,000,000 BBLS OF OIL • 20,000,000 MCF GAS
?NORTHWEST PREMONT FIELD
• PRIMARY TARGETS • LOWER BARNSDALL • LAUGHLIN
• BARLOW
• MURCHESON
• BARLOW
• SINGER
• UPPER BARSDALL
22,250,000 BBLS OIL 1,950,000 BBLS OIL 1,500,000 BBLS OIL 3,900,000 MCF 1,000,000 MCF 10,500,000 MCF 1,500,000 MCF
?NORTHWEST PREMONT FIELD
• RESERVES PER WELL
• 200,000 BBLS OF OIL
• 1.5 – 2.0 MCF PER ZONE GAS
• 45 BBLS OF OIL PER DAY / PER ZONE • OVER 6 TO 8 YEARS
• 10% DECLINE RATE / YEAR
?NORTHWEST PREMONT FIELD
• CURRENTLY 3 WELLS DRILLED
– 11 POTIENTIAL ZONES PER WELL
– 1ST WELL TESTED 20 MILLION MCF / DAY
WELLS 2 AND 3 HAVE SIMILAR GEOLOGICAL PAY ZONES – INFIELD DEVELOPMENT IN PLANNING STAGE
• NEXT 20 WELL PROGRAM
– PHASE 1-A FIRST WELL SCHEDULED TO SPUD March 15, 2012
NORTHWEST PREMONT FIELD
• A. P. YANG OPEN FLOW TESTING OF GUERRA #2 FOLLOWING SLIDE
GRPR previously announced that its joint venture partner Solimar Energy Limited has engaged two geophysicists to initiate a geological study of the Kreyenhagen Trend lease acreage. The study is still in process and the results of the study are pending its completion, which is anticipated in late February.
How about them apples. Pumping know trying to buy cheap shares can't blame you.
Grid Petroleum Corp. (OTC: GRPR.OB) announced the finalization of negotiations for the acquisition of a private holding company, with oil and gas interests in a 5000-acre tract of land in central Texas.
The underlying oil and gas interests have been estimated to contain reserves of over 20,000,000 barrels of Oil and 15 Billion cubic feet of natural gas. Onsite oil production mitigates exploration risk and provides for in-field drilling opportunities from multiple pay zones.
GRPR previously announced that its joint venture partner Solimar Energy Limited has engaged two geophysicists to initiate a geological study of the Kreyenhagen Trend lease acreage. The study is still in process and the results of the study are pending its completion, which is anticipated in late February.
Grid Petroleum and Solimar Energy Ltd have planned several stages, the first of which is the geological study, towards a comprehensive drill site selection process of the Kreyenhagen trend leases to determine potential drill sites. The development targets are significant oil shale formations identified as the Upper Temblor and the under explored Miocene Monterey.
Grid Petroleum Corp. (OTCBB: GRPR) announces the development of the Kreyenhagen Trend acreage continues through its 50% joint venture partner and property operator, Australian Stock Exchange listed Solimar Energy Limited.
Grid Petroleum is benefiting by the data collection and development of Solimar's other holdings in the San Joaquin Basin of central California, in particular the nearby 10,000 acre Kreyenhagen Ranch property.
Grid Petroleum and Solimar Energy Ltd will initiate a comprehensive site selection study of the 4,000 acre Kreyenhagen trend leases to determine potential drill sites for the development of the significant oil shale formations identified as the Upper Temblor and the under explored Miocene Monterey.
The company previously announced the following estimated valuation of the Kreyenhagen Trend leases as determined by the company's geologists: "Initial estimates indicate that there exists 82,000,000 BOOIP. Eighty Two Million Barrels Oil in Place."
The Company currently holds a 50% Working Interest in the 4,000 acres , Solimar Energy Limited holds the other 50% providing an estimated 41,000,000 BOOIP to the Companies Interest.
Using a P10 valuation of the Oil in Place reserve calculation and assuming a recovery rate of 10% percent indicating the volume of recoverable oil at an estimated 4,100,000 Barrels of Oil.
Using a conservative value for oil at $100.00 USD per barrel and a cost of production at a very conservative $45.00 USD per barrel of oil providing for a valuation of the Companies Interest of the Kreyenhagen trend lease at $225,000,000.00 as determined by the companies geologists.
Using these conservative numbers the potential per share future revenue from the development of the Kreyenhagen Trend leases could exceed $1.50 per share based upon internal company projections.
The San Joaquin Basin area has been quietly attracting significant development investment from companies such as Occidental Petroleum and New York stock Exchange listed Venoco Inc whose Chairman and Chief Executive Officer, Timothy Marquez was recently quoted in the January 24 edition of the Oil and Gas Journal, that the "underexplored Miocene Monterey formation is easily the largest shale play in the U.S. with 3 billion Bbls proved so far."
Grid Petroleum Corp is a development stage company focused on the acquisition and development of low cost high reward oil and gas prospects with infield drilling for proven potential reserves in the United States and Canada.
The company anticipates the initiation of a development plan with its joint venture partners for the purpose of establishing suitable drill sites for the Kreyenhagen Trend leases. Upon completion the company will have established a time line for the development of its significant Oil and Gas assets.
Kreyenhagen Trend
Kreyenhagen Trend acreage in the California shale play of the San Joaquin Basin is different than other unconventional oil plays like the Bakken and Eagle Ford oil plays; these unconventional shale zones, Kreyenhagen and Monterey, lay beneath long-established multi-billion barrel conventional oil discoveries, these source rocks are heavily fractured by regional tectonics, creating thick shale sections spanning 500-3500ft, which are accessible by vertical wells.
Cretaceous
Cretaceous unconformity basal conglomerate
Lower sandstone unit
Middle Shaly section
Upper sandstone unit
Kreyenhagen Shale
Avenal Sandstone
Stop 9
View looking northwest showing contacts between the Avenal sandstone and the overlying Kreyenhagen shale and underlying Cretaceous.
Avenal Sandstone
??Temblor
Cheepo El is back on track go get em tiger.........LOL
sure you did LOL This guy is crying for you to sell shares and he's got a buy order in Classic....
LOL How sad you are little man. NEWS qued in Buy Low sell way Higher these people on this board like movie extra sealskin a re bi polar one second bashing then pumping...... Trying to steal your shares......... And there doing a decent job of it.
Market Cap is under 500k. enough said...........Great buy at these Levels.....
If the Outstanding shares are still at 314 million We should see a run and reversal and thinking news by the end of the month... Good luck
From my conversation with the company we should be updated soon on some positive news......
I'm right here watch and learn and how the pros make money. I wait till I get the info I wanted from the company. Not reaching for straws like the you.
GRPR the next gem to run hard
Put GRPR on your radar
Do some real DD I spent 15 minutes on the phone with with the company. I liked what I heard. Didn't get specifics but did get signals that this stock should turn around. After months of feeling horrible about this stock. I will be adding and sentiment has changed to long... A big move could come very soon. From what I took we could see a big development in" next couple of weeks"
GO GRPR
last time it was on break out boards you had a bunch of paid pumpers spewing on this board and it went from a penny to almost zero. Come on man. Break out boards more like break down boards.
Show me dated proof that GRPR has any interest from 2013. Time for you to put the facts where your mouth is
http://www.solimarenergy.com.au/documents/130115_K_Ranch_oil_shipment_Release.pdf
January 15, 2013 RELEASE TO ASX and CANADA
Solimar sells first oil shipment from Kreyenhagen Oil Field
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Solimar Energy (ASX:SGY, TSXV:SXS) (“The Company” or “Solimar”) is pleased to provide the following update for the Company’s 100% owned Kreyenhagen shallow oil field redevelopment project in the San Joaquin Basin, California. As a follow-up to the previous announcements of establishment of production testing, a 3,101% increase in Contingent Recoverable Resource (C2 - Best Estimate) and confirmation of a lighter oil pool, the Company has initiated long term primary production in the field and sold the first shipment of oil from the field.
• The Company sold in late December 2012 the first shipment of 95 bbls of oil produced from the Temblor sandstone reservoir. After the transportation deduction, the oil was sold at USD $94 per bbl, a 4% premium to WTI crude oil prices, as a result of the local crude oil market in California that favors heavy oil producers. A second oil shipment is expected in early February of additional crude that has already been produced, but not yet shipped.
• The Company has the 4-33 well on a long term production test, which is producing from the newly confirmed down-dip zone of lighter oil (17° A PI gravity) that has not previously been produced. Water cut in the well remains steady at 35-40%. The Company is actively investigating the potential for multiple additional locations along strike and for potential acceleration of production by small fracs and higher flow rate deviated or horizontal wells.
• The Company is preparing to soon commence production testing of the Temblor oil reservoir in a third well (2-32), which is currently suspended awaiting re-entry, in the northwest section of the field. In parallel, planning continues for initiation of the cyclic steam pilot in Q2 2013.
Will Satterfield, CEO of Solimar, commented “We are pleased that the Company have reached another step in the re-development of the Kreyenhagen Field with the inaugural oil shipment from the current shallow Temblor oil production. We look forward to further milestones as we progressively accelerate the Kreyenhagen program in 2013”
For further information contact: Will Satterfield – Chief Executive Officer Phone 1-805-643-4100 and website www.solimarenergy.com.au
.
NO MENTION ON GRPR!
Sure it is EL Cheepo! I got my eye on you boy.....
Nice quote LOL this under cheepo profile wink wink Ernie "Favorite Quote I may be stupid but I ain't dumb.
I'm too stupid to remember where I first heard it."
El Cheepo is back LOL