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.
Same answer I got.
Any signs of the black box or was that by black ops from area 51?
Or maybe it will remain the PR#57 theory that is debated for years after.
Asus,
When I say the press on yahoo when it first came out this morning. I kept trying to open it and got a dead end. I say some past in of it on Ihub or RB. I don't remember which. When I could access the PR it seemed like it had a different title. My memory might be crap though. Was your friend's theory "To show growth & movement" to win over three oil service companies?
I want to know what happens with NV/WY, if a good play there then this goes way long. Friend at "ML" is looking to double here soon to 1 million. I dislike the fact that both PBLS and NDOL will be making major anouncements on or before May 1. I wish NDOL announcement was set for Friday. Issue would be setteled there for an additional pile in at PBLS. Oh well it is way better than not having options. Party by end of Summer, hopefully numbers and some drill bit news.
Great day...
They will suck it dry as best as they can. I like the fact that it shows CASH FLOW with oil to come.
Hey George,
It will be a good ride.
Added another 100k
Now a member of the 1 mm club
I agree, he is doing a good job. May 1st is coming.
Except for the posible buy out offer it does have some parallels. This is what can happen with 6,500 bbl/d just being discused. They have a very large float and a move to another exchange. With PBLS; WY & NV could provide a lot of bbl/d, over time more than 6,500 bbl/d.
I hope the timing works out and I am able to bring over the profit and some of the princp over to PBLS. Sooner or later this is where the major party will be (PBLS). I think NDOL needs to be examined for any things it might have in common with PBLS. Again I would rather be on the ground level here because the up side is way higher with PBLS. Russian tax schemes are not kind to oil producers. A domesitc (US) oil producer would be a darling of any exchange, even over a Canadian oil sands play before production, high capital and low API value for the oil sands. The Canadians have other issues as well. Party Down PBLS.
Second issue. How to control the bashers that will show up on this board's door step when the move comes. Study their ploys on the RB site for NDOL. Total disruption. I toyed with them under the name morefuncomics.
Asus
Are you up to it?
I was over on RB. The NDOL board. Things are very messy there. Any thoughts on how to prevent that from happening here when we start to move???
I figure when I am finished there I will move some profits into PBLS and camp out.
I could care less if it is 6 months or 1 year. I hope PBLS buys back shares, structures the three new oil services companies, pokes holes in the ground in KY & TN for cash, takes on NV & WY and digs a hole to china at its pit. Like I said I don't care if is 6 months or 1 year. One strong thing we have going for us here is an oil play with CASH FLOW. If a "Newbie" does their own DD and shares then we all win. I could not care less if I like the president or not.
GSAD
I am Board today. Does any one have a map to the mine??? Have car, Have Camra.... My emali address is on my pofile.
CP,
LOL it is you
I posted this on RB. My name there is 17russia. Funny, as the stock price of PBLS went up this week the class "D" & class "F" bashers came out of the woodwork. Copied in below is the post:
----------------------------------------------------------------
Hmmm,
I found this on another board. Funny, after reading it, if a stock is not bashed then it is not a stock with an up-side. I think I see a "D" or "F" class one here.
http://messageboardfools.com/bashers.htm This should give everyone an insight to what these Criminal Pro Bashers Emilio Lazardo/Pennies_everywhere and Chipotle_pickle,Frway, H2dogie and E.lazardo/Pennies plant are all about! And the new one rotten tomatoe (scu fried tomatoes)
I've heard that there is a higher water cut as well.
I did not want to make any one nervous. The guy might have shut down and there would not of been a long conversation. If John B was there, then I would of brought it in but it was not the chief. Well four small but positive days in a row. Nice.
With a name like "sleestack" what did you expect. If I am not mistaken that name comes from a 1970's corn ball TV show and the name was given to a race of beings that were a source of trouble.
Nice to see you again.
Oil futures for 2008 & 2009 are going in the $70 range.
Sounds good in a time when oil futures for 2008 & 2009 are going in the $70 range.
That has pased my mind a few times. But, a better case would be: A PR that would state that PBLS elected an independent director with some financial connections... Hmmm.
No offence intended. If this thing goes where I think it is going, I will be happy to tell you at that time. The problem is that there would be a volume of calls. That is unless you are looking for a refining turn around or power outage database and can afford the $24 k - 80 k (missing out on 1 - 4 million shares) then lets talk.
In short when this thing hits a buck, I'll tell you any thing you want to know.
In the mean time I will be happy to share any thing I know about PBLS and the route it might be taking.
Thanks but I don't need the traffic at work.
Hi George, I see we are running in the same circles
Who says I have not.
http://www.monimpex.com/contacts_us_en.html
As for NDOL
Contact:
Contact:
Viatcheslav Makarov
President
Nord Oil International Inc.
Vmakarov@nordoil.com
514-591-3666
http://www.nordoil.com
http://www.monimpex.com/about_us_en.html
Mr Parkin was listed as the person that Muskett50 said he spoke with in Post #1377
Pleas do finish connecting the dots.
My co-worker and I work for an industrial research firm just outside of Houston. He has been here longer than my 10 years. I manage the oil & gas storage, transmission & processing section and my co-worker manages the refining section which also comprises a refinery turn around database that oil traders use daily. My section not only covers oil & gas but LNG & oil sands as well. Lets just say that we make a living touching people on the phone for info and they usually never know they have been touched.
Thank you, I thought I was dreaming when I made that call.
Not Really
I was not interested in stopping a conversation so I could correctly spell a name. If the guy wants to talk then by all means let the guy talk. Then again mybe he has a Russian Janitor.
Call the phone number yourself. I was just relating what I was told as to what was going on with the "proposed deal". I wanted a better understanding of how NDOL could go from NO production to 6,500 BBL/d. I wanted a better understanding of the existing field facilities and what is entailed. I do not want to get screwed by some Yahoo with a "Russian Oil Deal" besides no one here speaks ar reads russian. Now if the documents were in German, Spanish, Chinese, Port, or just plain english then maybe I would have a better understanding of what is going on. I have a sizable placement here and I want one of two things to come out of it. 1) A good buyout deal or 2) Production. Either way there is some serious money to be made.
So by all means give AT&T some of your hard earned money and call their number.
I called his office and his partner answered. Why guess when you can call.
Hey George, did you know Viatcheslav Makarov is in Russia working out the final terms???
Hey George, why out soo early?
Wolverine is a private company that pays one family a 12.5% royalty for a good chunk, at one time I know Wolverine had 150,000 BBL per month = approx 5,000 BBL/d, I am sure it has grown since then. They are trucking it out, a few more discoveries and continued development will draw the attention of a pipeline comany. As much as I can figure, PBLS and EDNE are on trend. EDNE was punished by stocklemon which are famous for shorting. The refinery in SLC will buy anything they can get their hands on and Kinder Morgan has long term plans to build a new refined products pipeline to Las Vegas. Enbridge is building a pipeline for crude from WY to Holly Corp Woods Cross. Lots of action going on there, but it will be up to the drill bit to prove it out.
Nice work, Now ProGas Defined
Why did ProGas have such a high revenue stream and show low profits? The answer was so simple it never crossed my mind. ProGas is a marketing firm. Small producers that don’t have a marketing department use them. It works like this. ProGas markets the gas and small amounts of oil to three companies (Enbridge, Louis Dreyfus and Gulf South Pipeline). These companies pay a lump sum to ProGas. Then in turn ProGas pays the producers, royalty holders, etc. Then ProGas retains some for their fee. They were once screwed by Enron to the tune of $500,000. Since then they have taken out an insurance policy (Which the producers agreed to pay for in whole) that guarantees payment on defaulted contracts. The beauty of this set up is that ProGas gets the payment first then sends out the money. First paid and insurance to cover the only weak link that they can not control. ProGas has been in business for 18 years.
The twin hurricanes Katrina & Rita hit the producers and not ProGas, but in a sense the producers are ProGas. If they are not producing then neither is ProGas. The majority of production is back in play. It was Rita that did the major clock cleaning since it put a huge production area directly in the dirty side of the storm. (For those of you not in Hurricane Alley, being between 12 O’clock and 3 O’clock off the eye of a Hurricane is the least friendly area to be). Aside from the Mardi Gras pipeline which might be personally owned by John B, the assets of ProGas comprise an office in Houston, corporate apartment in Houston and an Office in Louisiana. The purchase of the other two buildings never went through, the owner changed his mind. The Houston office is in a very nice building located between the Galleria and River Oaks. It looks like the type old oil people would put together… Double screen computer set ups, desks for four, maps, etc… fully functional. The company only does hedging on behalf of the producers. There are employees that can trade and have experience in trading.
The company itself has seven employees. These employees have work histories with Mobil, Chevron, Enron and more. Most seem over 40. One employee was transferred back to Louisiana to help with accounting at PBLS. ProGas was fully audited at purchase. The x-Enron employees lost a chunk of their retirements in the Enron Implosion (Therefore I trust them). From the histories, I trust that John B is more than able to run all of PBLS’s energy developments (Which he is now doing). These people have dealt with way larger volumes than the ones being considered for WY & NV. With the pool of experience these people have to draw on it will not be a big leap.
ProGas could be used to market any production that comes from these areas. Now put together 1) Marketing. 2) Three oil service companies. 3) Leases of decent nature to develop. The only thing that lacks here is a Rig. Other than that we are looking at an intergraded production company taking shape. Add a rig purchase or a deal to drill WY/NV and PBLS is off to the races. Betty Crocker Instant Energy Company.
Did I like what I saw? Yes.
Will I buy more PBLS? That is a YES.