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Anyone see us around the .03 range this week going into production?
Hey sorry just got back in but Im glad you are set. This is about to have a heck of a run on real fundamentals, not fluff. Cheers to that
You can feel the excitement around here! The interest in htog is growing by the day. It is going to be very interesting to read the next few prs, especially the one that states revenue in 2 weeks or less.
Top Natural Gas Producing States, 2006
Rank State Marketed Production1
Million Cubic Feet
1 Texas 5,513,739
2 Wyoming 1,816,201
3 Oklahoma 1,688,985
4 New Mexico 1,609,223
5 Louisiana 1,361,119
6 Colorado 1,202,821
7 Alaska 444,724
8 Kansas 371,044
9 Michigan 365,294
10 Utah
Top ten!! Me likey that
Kansas Summit on Natural Gas
Summary of Conclusions and Recommendations
The Kansas Summit on Natural Gas was organized by the State Energy Resources Coordination Council (SERCC)* at the request of Governor Sebelius, to bring together stakeholders to discuss natural gas supply constraints, higher prices, and the impacts these are likely to have on Kansans this winter and into the future. The summit was held in Topeka on October 2, 2003, at the Washburn University Memorial Union (see program below). Approximately 150 people attended the daylong summit to hear presentations from national and state experts and to work together to develop recommendations for future action. This report highlights some of the conclusions and recommendations that emerged from the summit.
Short-term Outlook and Recommendations
Price—Over the summer many Kansans, like consumers across the country, saw a sharp increase in the price of natural gas on their monthly bills. These higher prices are likely to continue through the winter heating season, resulting in higher heating bills for all Kansans and especially impacting those with low or fixed incomes. This will put additional pressure on already strained social service and home-heating assistance programs.
Individuals can reduce consumption (and thereby their heating bills) by implementing conservation and low-cost energy efficiency measures, such as lowering thermostat settings, plugging leaks, adding insulation. SERCC produced and widely distributed a brochure, prepared in cooperation with KSU Energy Extension, describing actions that consumers can take to lower energy bills.
Production— Higher prices have stimulated natural gas production (up 2.5% in the first half of 2003, following a decline of 3% in 2002). However, this will have little effect on the supply and price of natural gas in the short term, as existing production capacity is not capable of meeting the increasing demand for natural gas (which the U.S. Energy Information Administration projects to increase 50% in the next 20 years).
Storage— Due to high levels of injection into storage over the past months, natural gas supplies are within the five-year average range. As of October 10, 2003, natural gas in storage was 2,944 bcf (billion cubic feet), compared to a low of 623 bcf on April 11, 2003, following last year’s heating season. By the end of the storage season (November 1, 2003), natural gas storage is projected to be at least 3,025 bcf (and could be higher if recent higher rates of storage continue). Whether this supply will be sufficient to meet demand throughout the winter heating season depends on the weather (see Figure 1). The record demand for natural gas to put into storage has helped keep prices high and drawn natural gas away from some price-sensitive industries such as fertilizer manufacturing.
Figure 1—Monthly U.S. natural gas storage, 2000–2003, with projections for the first half of 2004. Colored band shows the normal storage range from previous four years. Projected withdrawal rates for the 2003–2004 heating season are based on withdrawals during the colder than normal 2002–2003 (blue line) and warmer than normal 2001–2002 (red line) heating seasons (Tim Carr, Kansas Geological Survey, personal communication, October 17, 2003).
Recommendations— Because little can be done in the short term to increase production or decrease demand (and thereby reduce the price of natural gas), most of the recommendations developed by the summit attendees address longer-term changes(see below). However, the following recommendations target actions that can be taken immediately to mitigate the impact of higher natural gas prices this winter.
• Increase federal funding for LIHEAP (Low Income Home Energy Assistance Program) allocations and arrange for timelier disbursements (i.e., before onset of cold weather). Contact Kansas Congressional delegation to urge action during this year’s budgetary process.
• Encourage greater cooperation and communication among social service agencies (state and local) and utilities for most effective delivery of LIHEAP and weatherization services.
• Promote multi-sector educational efforts to inform Kansans about high natural gas prices and conservation techniques to reduce energy bills.
Long-term Outlook and Recommendations
This year’s tight natural gas supplies and higher prices are expected to continue for at least the next few years. Resolving the current natural gas issues will involve a variety of changes, including bolstering natural gas supplies (from domestic production and imports), reducing demand through conservation and energy-efficiency efforts, and greater reliance on alternative fuels (including renewable energy resources).
Currently, SERCC is reviewing all the recommendations brought forward during the natural gas summit for inclusion in its 2004 Kansas Energy Plan. The following recommendations were developed during four breakout sessions, addressing ways to (1) reduce consumption, (2) increase production, (3) lessen impacts on consumers, and (4) educate Kansans about natural gas issues. They are arranged topically, without ranking or priority, and without assessment or comment.
SERCC
• Sponsor additional stakeholder meetings on energy issues.
Consolidate and fund Kansas energy planning efforts
• Consolidate state energy functions.
• Establish an Energy Policy Office at the Kansas Corporation Commission that has adequate staffing to compile complete energy usage data for all Kansas customers and catalog energy programs in use nationwide.
• Establish a cabinet-level Secretary of Energy.
• Establish funding mechanism for energy planning effort and actions, such as a systems benefit charge (SBC).
• Provide funding for SERCC and energy plan through systems benefit charge (SBC) or other source.
• Explore the possibility of a Universal Service Fund or Systems Benefit Charge to benefit Kansas state conservation and/or low-income assistance efforts.
• Develop a Kansas Renewable Resources Action Plan (KRRAP) for all renewables as part of the state’s long-term energy vision.
• Determine the impacts of a Renewable Portfolio Standard (RPS) on Kansas for all renewable resources.
Home heating and low-income consumers
• Lobby federal policymakers for additional Low Income Home Energy Assistance Program (LIHEAP) funding and timelier disbursement of LIHEAP payments.
• Review and potentially revise the Cold Weather Rule. Examine in particular those disconnection / reconnection policies regarding owners and tenants.
• Expand and promote to other utilities the existing Kansas Gas Service billing program to target excessive customer gas usage and develop histories of customer shutoffs by specific dwelling.
• Convene a working group of utilities, Kansas Corporation Commission staff and emergency service providers to analyze shut-off data by neighborhood and target outreach efforts to those areas. After a third payment default shut-off at a rental dwelling, require the landlord to co-sign for reconnection. Train gas inspectors to report on furnace efficiency as well as just the safety of the appliance.
• Limit the amount of bad debt that can be written off, particularly from repeated excessive usage at the same customer dwelling.
• Seek direct state appropriations to assist low-income customers with high heating bills.
Changes to tax law
• Clarify Kansas law so that conservation investments and services are treated equally to that of producing and transporting energy.
• Consider increasing volume threshold on severance tax. Presently the effective tax rate is viewed as excessive by Kansas industry, which inhibits production.
• Encourage the development of a new state income tax return check off to fund conservation and assistance efforts.
• Increase tax incentives for conservation improvements.
• Establish tax policies to encourage energy efficiency rather than production and consumption
• Reduce tax levy on large gas consumers in Kansas so they are competitive with other states. Presently taxes in Kansas force large gas consumers to leave the state.
• Investigate the entire tax structure on gas production to determine ways to encourage expansion and production.
Encourage energy conservation and efficiency
• Dedicate a revenue source for conservation loans and grants especially targeted to low-income homeowners and renters.
• Expand the offering of energy efficiency bonds by the Kansas Development Finance Authority to commercial and industrial customers.
• Train house builders and contractors to serve as home energy raters.
• Expand upon the use of unclaimed utility refunds and deposits for conservation and assistance programs.
• Work with utilities to promote those rate designs that encourage increased customer conservation.
• Develop Integrated Resource Planning for all sources considering sustainability.
Encourage cooperation between state energy assistance programs, agencies
• Increase social agency/utility cooperation/communication for effective LIHEAP and weatherization services
• Provide a state clearinghouse of information on conservation and assistance programs and promote better coordination of information between state agencies, utilities, emergency service providers and other stakeholders.
Expand educational efforts
• Promote multi-sector education efforts.
• Provide expanded customer education to customers on the probable high cost of natural gas and potential conservation techniques to reduce energy bills. Educate customers in Kansas about the value of effective conservation programs, such as those focusing on attic insulation, air infiltration and furnace efficiency.
Changes to oil and gas regulations (KCC)
• Encourage KCC to continue their supportive position on pipeline construction.
• Fast-track pending regulatory changes through temporary regulation process and continue efforts to streamline the regulatory process.
• Raise statutory price caps on severance tax exemptions for incremental production.
• Change the process for appealing gathering rates. The present system inhibits producers.)
• Consider changing responsibility for plugging abandoned wells. It is now with the current or last operator/lease owner. This is a disincentive to new investment.
• Expand the KCC authority to allow for unitization.
• Extend the exemption from severance tax in coal-bed methane production beyond the present two years. The present two-year exemption is not sufficient to encourage investment.
• Consider increasing time period between recertification of low-producing wells to qualify for exemption. Presently it is required annually.
• Investigate ways to reduce cost of access to interstate transmission lines. At present the cost prevents access by some producers. A change requires FERC action.
• Consider severance tax exemptions for low-BTU gas, as well as for technology used to treat low-BTU gas, to promote development.
• Investigate ad valorum exemptions to metering low-volume wells. The present cost of metering is excessive and causes premature well abandonment.
• Allow regulatory changes for temporary abandonment of certain wells in prorated fields.
• Change testing requirements to reduce costs.
Utilities and rate structures
• Write specific Kansas Corporation Commission rules and regulations to define conservation measurements, demand side management (DSM) efforts, ten-year load forecasts and all power supply alternatives as set forth in House Substitute for Senate Bill 263 for determination of future ratemaking principles.
• Encourage utility rate structures modifications to recognize demand side management (DSM) and low income consumers.
• Municipal generation – allow aggregation for efficiency investments
• Encourage demand side management (DSM) by utilities by either carrot or stick or both
• Encourage demand side management (DSM) through rate structures.
• Encourage appropriate rate design.
• Establish utility rates structures and programs to encourage efficiency, not consumption
• Fund more utility technicians that might be able to assist customers with energy conservation ventures.
• Encourage utilities to provide greater assistance to customers on energy efficiency issues.
• Encourage greater utility flexibility and creativity in enforcing the Cold Weather Rule.
Hugoton natural gas field
• Re-examine horizontal drilling restrictions in Hugoton field. Consider regulatory changes.
• Provide incentives to encourage investments in existing prorated gas fields (Hugoton, Panoma, Greenwood). Implement programs that will encourage producer reinvestment in Kansas. Compare Kansas incentives to other states to assure they are competitive.
• Investigate testing requirements for minimum production wells in the Hugoton and other prorated fields.
• Consolidate field operations among companies to optimize operation in the Hugoton.
• Investigate changes in regulation to continue production at Hugoton. Industry and the KCC should continue their discussion on regulatory changes needed to extend the life of the field.
• Remove or change method of determination for gas allowables in declining prorated fields (Hugoton, Panoma, and Greenwood).
• Consider allowing additional infield drilling in the Hugoton and associated fields.
Next Steps
In the next month, SERCC members will review all the recommendations from the natural gas summit as they develop their final recommendations for inclusion in the 2004 Kansas Energy Plan. Adopted recommendations will be divided into those for legislative action, for SERCC action, and for further study.
______________
* The State Energy Resources Coordination Council (SERCC) is a 13-member group, charged by the Governor with studying and making recommendations concerning the state’s energy situation and publishing an annual energy plan for the Kansas Corporation Commission, the Governor, and the Legislature. The council was established in 2002 by Governor Graves (Executive Order 2002-4). ee Allison, director of the Kansas Geological Survey, is the chair of the council; Brian Moline, Kansas Corporation Commissioner, is the vice chair. More information about SERCC is available online at kec.kansas.gov/sercc/.
Kansas Summit on Natural Gas
Program
October 2, 2003, 8:00 a.m.–4:00 p.m.
Washburn University Memorial Union, Topeka, KS
8:00 Registration
8:30 Plenary Session
Introductory remarks—Lee Allison, moderator, SERCC Chair, Kansas Geological Survey Director
8:40 Welcome—Dr. Jerry Farley, President, Washburn University
8:50 Challenges and goals—Governor Kathleen Sebelius
9:00 Session I: Overview of natural gas supply and price
U.S. perspective—Patty Morrison, Assistant Secretary, U.S. Department of Interior
Outlook for the Natural Gas Industry—Paul Wilkinson, American Gas Association
Where does our gas come from and where does Kansas gas go?—Tim Carr, Kansas Geological Survey
How does the natural gas system work?—Brad Dixon, Vice President, Western Region, Kansas Gas Service
10:15 Q & A
10:30 Break (15 min)
10:45 Session II: Economic impacts on Kansas
Residential and smaller commercial consumers—David Springe, Citizens’ Utility Ratepayer Board (CURB)
Industrial and larger commercial consumers —Richard W. Schuck, Energy Support Providers, LLC
Agriculture and agricultural consumers—Carole Jordan, Director of Rural Development & Legislative Initiatives, Kansas Department of Agriculture
11:45 Q & A
11:55 Breakout sessions and objectives—Lee Allison, moderator
12:00 Lunch—Pick up box lunches in lounge
12:45 Concurrent Breakout Sessions—panels and roundtables
Breakout Session I (Vogel Room): What can we do to reduce consumption or demand? —Bruce Snead, KSU Engineering Extension, moderator
Conservation and efficiency—Bruce Snead, KSU Engineering Extension
Energy Services—Brian Dreiling, Midwest Energy
Fuel switching by utilities and industry—Richard W. Schuck, Energy Support Providers, LLC
Role of renewables in electricity, heating––Richard Nelson, KSU Engineering Extension
Breakout Session II (Kansas Room): Can we increase natural gas production, transmission, storage and supply?—Dick Hayter, KSU College of Engineering, moderator
Production, transmission, or storage bottlenecks or restrictions—Jim Harder, Southern Star Central
Regulatory effects—M. L. Korphage, Director of the Conservation Division, Kansas Corporation Commission
Tax policies—Steve Stotts, Director of Taxation, Kansas Department of Revenue
Kansas gas production opportunities—Steve Dillard, Kansas Independent Oil & Gas Association (KIOGA)
Breakout Session III (Washburn B): How can we lessen the impacts on residential consumers and businesses?—Colin Hansen, Kansas Municipal Utilities, moderator
Assistance programs – Paul Johnson, Kansas Public Assistance Coalition
Utility programs for consumers––Jim Bartling, manager public affairs, Atmos Energy
Federal programs––Norma Phillips, Kansas Housing Resources Corporation, Weatherization
Effects on agriculture—Steve Irsik, Rancher, Farmer, Dairyman, and Chair of Lt. Governor’s Mini Economic Summit
Breakout Session IV (Shawnee Room): How do we educate Kansans about natural gas issues?—Denise Manning, Atmos Energy, moderator
Government—Marge Petty, Kansas Corporation Commission
News Media—Steve Everly, Kansas City Star
Utilities—Lori Webster, communications manager, Kansas Gas Service
Education—Shari Wilson, Kansas Association for Conservation and Environmental Education
2:30 Break (30 min)
3:00 Plenary Session—Lee Allison, moderator
Reports by breakout session moderators:
Reducing demand—Bruce Snead, KSU Engineering Extension
Increasing supply—Dick Hayter, KSU College of Engineering
Providing assistance to consumers—Colin Hansen, Kansas Municipal Utilities
Educating Kansans—Denise Manning, Atmos Energy
Summary of next steps, concluding remarks—Lee Allison, moderator
4:00
Natural Gas Prices
(Dollars per Thousand Cubic Feet, except where noted)
Area: U.S. Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Period: MonthlyAnnual
Download Series History Definitions, Sources & Notes
Show Data By:
Data Series Area
Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 View
History
City Gate Price
8.93 7.29 7.75 7.82 8.49 9.68 1989-2008
Residential Price
17.14 12.51 11.51 11.41 11.65 12.67 1989-2008
Commercial Price
13.09 11.59 11.16 11.11 11.36 12.32 1989-2008
Percentage of Total Commercial Deliveries
53.0 54.0 63.3 68.1 69.0 69.1 1989-2008
Industrial Price
6.24 6.87 7.97 9.05 10.08 9.52 2001-2008
Percentage of Total Industrial Deliveries
4.1 2.9 1.7 1.2 1.2 2.1 2001-2008
Electric Power Price (New Definition)
6.27 6.04 6.66 NA 2002-2008
Last Updated 05/29/2008
Point, natural gas at all time highs
An example of what can occur in these times with natural gas and oil stocks. NCEY, went from .02 to .50 in one month! People, this could be a hell of a run coming for us here!
A lot of new people showing up!! The htog buzz is spreading and smart money will be doing dd all weekend. Fact of the matter is that this is the start of the biggest company production of natural gas which is at a all time high!! LOL Its almost funny how lucky we are to be in at these levels.
Its the brightest this company has ever looked and just wait to the revenue prs hit the fan! Which begin at the end of next week!!!!!!!!!!!!!!!. Other ng plays Im watching are still six months off of opening there lines. We are one week. Add volume, interest, momo, natural gas simply being hot, tough big market, and a company that seems to know when and what to pr, well you are about to see a major run!! This will be trading in penny incriments after next week! As the germans are perdicting, straight through .15 short term.
wow, that was a very strong day today and a nice week. I guess some people know the big news in in sight now!! Have a good weekend folks
Good morning folks, Im betting on a big Monday morning pr! Catching the friday flippers off there game. Next week is our time folks!! Have a great Friday and here's to picking up shares a 1000 percent lower from where they will be when the pipeline is open!
Revenues start at the end of next week and will be pr'd on a weekly basis. We are going to be making real ching ching, and its not speculation anymore, and its not six months away, its one week away! This bounce down will be the last in this stock, no question. Im getting outside now, have a good day
I tried my best to tell people what was happening. Its a shame people loose money because they get scared and dont know what they own. Biggest time in our companies history!! Who doesn't get that!! And what a time to be turning on your natural gas pipes!1 Are you kidding me, it couldnt be better timing for our company!
Very politely, some people will never make money in the market. Folks let it go down, hold your shares. Chill out and get of the computer. Do you realise they are going to finish the first pipe step tomorrow, then pr it monday, then finish the pipe so it will be open for the first time in company history at the end of next week! Can you imagine the prs that are coming very very soon! And then the barrels come into place and real revenues. All with in 2 weeks! And this below
Coalbed methane revenues of Heartland Oil and Gas Corp continue to advance and new wells expect to double CBM production
Jun 26, 2008 (M2 EQUITYBITES via COMTEX) -- Heartland Oil and Gas Corp (OTCBB: HTOG) (FWB:HOCA), an explorer, developer, producer and seller of coal bed methane, said on 25 June that revenues from its coalbed methane field in Miami County, Kansas continue to advance. The company expects to double its production from this field as the 18,000 foot pipeline expansion project and the subsequent connection of 12 additional wells, will soon be finished. Universal Property Development and Acquisition Corporation (OTC BB: UPDV), a company that engages in the acquisition, exploration, production, development, storage, and distribution of oil and natural gas, acquired Heartland and since then its gross revenue on production in Kansas has doubled to USD110,729 in just a year.
(C)2008 M2 COMMUNICATIONS LTD http://www.m2.com
They are talking about natural gas on cnbc right now. I love our stock!!
Afternoon pr would be nice with a late day run. I think we all know next week is going to be a big one for the company and us. So I guess we should just chill and hold through that. I think its cocktail time, cheers all
Whats funny is these mms swapping 60 dollars of shares back and forth to try and scare and trick rookie investors in to selling. LOL its so clear, just look at the l2 mirroe trades, what a joke these guys are
My god, dude thi is one of three stock alerts this morning. Not a pr! Stock coverage
Other plays dont look as good as this one to me right now. I think we see a nice move up as we move closer to the big pr one morning saying the pipeline is open! Bid is moving again and shares thin through .008 we will see .009's today in my humble opinion
Heartland Coalbed Methane Revenues Continue to Advance - 18,000 Foot Pipeline to be Completed by End of June and 12 Wells Connected
Jun 26, 2008 (M2 PRESSWIRE via COMTEX) -- Stocks in the News: Heartland Oil and Gas Corp. (OTC BB: HTOG), Energy Corporation (OTC BB: VYEY), General Electric (NYSE: GE), CenterPoint Energy, Inc. (NYSE: CNP)
Jun 25, 2008 -- With revenues from its Coalbed Methane Field in Miami County, Kansas continuing to advance, Heartland Oil and Gas Corp. (OTC BB: HTOG) is expecting to soon double its production from this field with the completion of Heartland's 18,000 foot pipeline expansion project and the subsequent connection of 12 additional wells. Since its acquisition by Universal Property Development and Acquisition Corporation, Heartland's gross revenue on production in Kansas has steadily increased and more than doubled to $110,729 in just 12 months. In addition to this increasing revenue, Heartland's pipeline expansion will connect to 12 CBM wells Heartland previously drilled and which production testing indicates will double the current output from this field. The pipeline will also open many more acres to additional drilling activity. "We expect to have the 8 inch main completed by the end of the week," reports Susie Glaze, Operations Manager of Heartland's prime contractor, Aztec Well Services, Inc., another UPDA subsidiary. "The pipe will be in the ground, buried, four road crossings made, 2 creek crossings and the 8 inch pipe will be hooked into the 12 inch main. The pipeline will be stubbed out at the salt water disposal well location and we intend to go directly back to the SWD well and take it down another 100-200 ft. with a smaller drill bit. We currently have the SWD well down to 1000 feet and it has been cased with 5 1/2" production pipe and cemented in. We expect to have the SWD well done by the end of the next week and then start moving tanks so we can turn on the production wells." Heartland Spokesman Jack Baker commented: "The production increases we have been able to achieve from the existing wells are quite remarkable. And the numbers we have seen so far from the new wells are very encouraging. With the completion of the pipeline and connection of these 12 wells, we expect to double our production again and we can continue to drill new wells on the vast acreage accessible along the three miles of new pipeline. We are very optimistic that our revenue growth will accelerate at an even higher rate as we go forward with our plans."
Heres something for you, none of our competitors like mmte, gcog and so on, are even close to us as far as there lines being open! wow, Are pipe is fully open next week, thats the part I love!
Ask is .007 Shares might have thinned out down here yesterday, we shall see cndkid10, lots of people agree with you on your last post about supply and demand
I would like to see a gain like in Germany here!! Does anyone see why this cant be at .15 with a fully functioning pipeline with the capacity and dimensions that we have? Anyone, have a reason why it shouldn't or can't be what the euro's are saying the pps will be very very shortly.
I talked with my friends in Germany, they like this company more then us here! They think when this pipeline opens in the next 2 weeks, there is going to be major upside in the pps. Because its as real as it gets then, no more speculation. They are buying all they can now so they are not chasing then. They also believe, when the pipeline opens, huge traditional funding will come pouring in for expansion, and I agree with that. Well, lets see what happens today and I will be adding if I can in the .006's, if people are selling that is!
All that needs to be said is below, another of several alerts hitting people. This one came out aft hours today
Heartland Oil and Gas Corp. (OTCBB: HTOG - http://finance.yahoo.com/q?s=HTOG.ob)
June 25th, 2008-- With revenues from its Coalbed Methane Field in Miami County, Kansas continuing to advance, Heartland Oil and Gas Corp. (OTC BB: HTOG) (FWB: HOCA) is expecting to soon double its production from this field with the completion of Heartland's 18,000 foot pipeline expansion project and the subsequent connection of 12 additional wells.
As demonstrated by the chart, since its acquisition by Universal Property Development and Acquisition Corporation (OTC BB: UPDV), Heartland's gross revenue on production in Kansas has steadily increased and more than doubled to $110,729 in just 12 months.
In addition to this increasing revenue, Heartland's pipeline expansion will connect to 12 CBM wells Heartland previously drilled and which production testing indicates will double the current output from this field. The pipeline will also open many more acres to additional drilling activity.
"We expect to have the 8 inch main completed by the end of the week," reports Susie Glaze, Operations Manager of Heartland's prime contractor, Aztec Well Services, Inc., another UPDA subsidiary. "The pipe will be in the ground, buried, four road crossings made, 2 creek crossings and the 8 inch pipe will be hooked into the 12 inch main. The pipeline will be stubbed out at the salt water disposal well location and we intend to go directly back to the SWD well and take it down another 100-200 ft. with a smaller drill bit. We currently have the SWD well down to 1000 feet and it has been cased with 5 1/2" production pipe and cemented in. We expect to have the SWD well done by the end of the next week and then start moving tanks so we can turn on the production wells."
"The production increases we have been able to achieve from the existing wells are quite remarkable," commented Heartland Spokesman Jack Baker. "And the numbers we have seen so far from the new wells are very encouraging. With the completion of the pipeline and connection of these 12 wells, we expect to double our production again and we can continue to drill new wells on the vast acreage accessible along the three miles of new pipeline. We are very optimistic that our revenue growth will accelerate at an even higher rate as we go forward with our plans."
Oh, and a word for the board, cndkid10, really knows his stuff, very much so. Keep an eye on what he has to say. Cheers
Wow, long day at the pool. A little gunned up, but I couldnt wait to see our gem and I was suprised. I fugured on a retrace, thats normal after 240% gain. I am scanning through though and a lot of buying in the sevens. Very normal, and healthy. We could be taking this up again now that they cleaned house at these levels. This is actually a strong sign, if and only if we have a positive day tomorrow ending some where in the .008s. Have a good night all and I hope Im not hung over!!
Im wondering how the weak ands feel watching this do the same thing. This is the biggest time in company history. The next 2 weeks pipeline open!! OMG And people get sucked into selling there shares and then one hour later its .002 higher from there selling position and then it closes .005 higher then they sold. Guys, know what you own and chill out, if anything add to your positions. Where do you think this pps will be when the pipeline opens? awwwee yes thats right! And the market makers are very aware of that also. Well good luck nevertherless
Og, I also welcome your honest clear posts. Im so confident in this that Im getting off the computer and going swimming!! I will guess on a .013 close. The most promising time in company history will be over the next 2 weeks!! This is why Beacon is in, volume is here and the word on every street is spreading. That is why mms are already setting up shop on very high asks. This is why they are try so damn hard going in and out to loosen weak hands. There will be constant prs from the company knowing there time is now! Read the pr 10 times from today, its very clear that they are so close including this weeks opening, to making company history in a time where waht they have is so hard to get! Supply and demand. Have a great dat and see you around 3pm, tanned..lol
I called out the weak hands yesterday, and see what happened! Now again, the weak hands will never last in this game! You have to know what you have here, 2 huge weeks coming as the pipeline opens!! Pr after pr. First stage done this week, gono is buying all your shares weak hands! wow
Lol they shake the weak hands then up up and away!! just like yesterday and probally around 2pm today again. Read my post from yesterday from 2 pm, I called the close. Its how the momo plays work, and they turn back up fast
Guys Im here to, but the bigger momo pay is htog. But hey its all good in both plays!!
600 million in volume coming and .025 close
OMG. NO WONDER THE .15 PROJECTIONS ARE NEAR TERM. tHEY WILL BE FILLING TANKS IN JUST 2 WEEKS!! OMG FREAKING MY EUROPEAN FRIENDS ALWAYS GET THE DAMN SCOOPS EARLY! I AM ADDING THROUGH .03 IT WILL STILL BE A TRIPLE WITH IN 2 WEEKS! WOW
IM SORRY FOR BEING EXCITED BUT THIS NEWS WITH MOMO IS WHAT TRADERS WAIT FOR, SOMETIMES FOR AVERY VERY LONG TIME. ANYONE SELLING ANYWHERE NEAR THESE LEVELS DONT GET THE GAME!! THANK YOU STOCK GODS
LOL Oh my friend they already know, but they feel the bigger play is htog. They are playing the momo in the stock. Projections right now are .15 cents short term. They think very big news following Beacon, is coming so soon! I always laugh at stuff like .15 projections, but it has happened many timed before and the fundamentals are here for it to happen again. I own 500,000 shares from yesterday at .0028 in updv but I will agree with the Europeans that this is the bigger play so I have a much bigger position here. There are a ton of people with there fingers on the buying trigger waiting for 9:30. Have a great day
Europe! Hello all, I lived in Europe for 12 years, Switzerland, Austria, Germany, Holland and Italy. I still have many trading friends there! We swap all the time and the buzz in Germany right now is this stock is a huge play. They see us at .035 today alone. They feel with an OS under 350,000,000 we will continue to guide higher right through ten cents with strong volume. The momo is here, the word on the street is simply amazing and still is spreading. People will be adding through .02 today. And as for our one basher, click on his name, gonzi, he bashes on all boards and not very well I might ad. Enjoy the morning folk, my friends are busy like heck over in Europe!
LOL GUys! looking at the trades! mms matching trades to walk it down and scare people and then walk it right back up. just look at the matching trades!!! You will see folks
Guys, told you, people even selling here during the oldest 2pm shake are going to be chasing it right back right through a penny! The fundamentals are here!! PR is coming! High .01's tomorrow when all the alerts hit the stock world
Sorrry friend, no way is it going to the .004s! The accumalation in the sevens is just to strong and you would have seen profit takes earlier. Most here know big news coming after todays coverage by beacon. And Beacon knows too. Enjoy the end of the day scamble up, al the alerts will be hitting millions of mailboxs tomorrow morning over this coverage, volume and pps gain. Enjoy
Ive gotten 3 news alerts in my email about this stock!! Those runs we all see or look back on, you know the ones, this could be ours!! A lot of people holding, it me 2 hours to get filled at .0072 for 900,000 shares only. I topped out now at 4 million. I reaaly see news coming extremely soon and .03 very soon. Any arguments! When you see strong strong accumalation mid day near its highs which just so happens to be a 188 percent gain, wel lets just say thats a very good sign!!!!!!!!!!!!!!!!!!!!!!!!! Oh boy
.0058 coming one more time then high of the day on the close!!