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F Star calm down. Have a blessed day on your birhday.
Dan
I think you would have to call investor relations.
Glad your back enjoy your evaluations. I posted some news articles which I hope you will find interesting. Thanks again for all your posts.
Just joking but really F Starr I am disappointed. However, I do feel there will be one last great run.
Enjoy you vacation and come back well rested.
Fstarr if you are correct I will send you name into Rome and you will become the Saint of investments. Remember I have lost a substantial amount of money. I hope, excuse me I pray you are right.
In one sentence, I am gravely disappointed.
Thank you great find and clearly ESPH and their product cannot be ignored. When word of the success of EF80 hits the news this will make the stock trend up and when their is the first contract from Southwestern Energy get ready to rocket.
Curt Recognizer
The following was found in the New York Times on Friday August 19
2011. I am quoting from part of that article.
"" Subpoenas were sent to the three companies-Range Resources, Cabot Oil and Gas, Goodrich Petroleum according to the sources, who have direct knowledge of the investigation. Mr. Schneiderman also broaded a continuing investigation by his office into a fourth company , Cheasapeake Energy asking it to respond to similar questions about its shale gas wells, they said.
The four companies were chosen because they are heavily involved in natural gas drilling and because New York State has more than 45 million of is pension money invested with them. If a company improperly reported to investors how its wells were likely to perform or failed to disclose the true costs of drilling, there could be repercussions for the state's financial portfolio.""
Cheasapeake Energy is the competitor of Southwest Energy. If they did fail to disclose the true costs of drilling etc, this would clearly give Southwest Energy and edge. Lets see what happens guys.
Curt you are welcome. But more reassuring is the billions of dollars both companies are putting in to natural gas exploration and development. Thanks for your response and where is our boy Recognizer!!!
Curt you may also find this interesting in particular the investment of Southwest to the tune of 2 billion dollars for faster drilling.
Staying Neutral on Southwestern Energy - Analyst Blog
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We are maintaining our long-term Neutral recommendation for Southwestern Energy Company (SWN) following its impressive second quarter 2011 results. However, a tempered outlook due to the weak natural gas scenario in the U.S. keeps us on the sidelines.
Southwestern reported better-than-expected earnings backed by improved production growth, primarily at its Fayetteville shale operations. During the reported quarter, oil and gas production experienced a 25% year-over-year jump encouraged by striking Fayetteville Shale operations wherein production surged 28% to 107.4 Bcfe from the year-earlier period. In fact, volumes from Fayetteville shale formed more than 87% of the total oil and gas production.
The company’s industry-leading holdings in Northern Arkansas’ Fayetteville Shale play make it one of the highest quality natural gas discoveries in North America in the recent years. This year, Southwestern expects approximately 425–435 billion cubic feet (Bcf) of the total hydrocarbon volume to come from the Fayetteville Shale.
Notably, the company also remains upbeat on a prospective unconventional horizontal oil play and expects to drill and complete two test wells by this year end. Southwestern has collective 460,000 net acres in the Lower Smackover Brown Dense play in southern Arkansas and northern Louisiana. It expects to receive a permit during the third quarter to spud its first test well, drill a second well by the end of 2011 and add up to 10 wells in 2012 to test the concept.
Hence, Houston, Texas-based Southwestern’s industry leading presence in the Fayetteville shale and its emerging position in the Marcellus Shale provide ample opportunities for newer natural gas discoveries. For 2011, the company plans to invest a total of $2.0 billion, mainly for faster drilling activities at its Fayetteville shale play. Again, its healthy financial position (with a debt-to-capitalization ratio of 27% in the last quarter) along with operational effectiveness provide comparative advantages.
However, the company’s results are vulnerable to the negative near-term outlook for natural gas, which accounts for most of its reserve and production base. Moreover, an oversupplied U.S. natural gas market and lower demand provide little space for Southwestern to flourish.
Southwestern also faces a dearth of a geographical diversity in its asset portfolio, with most of its activities concentrating on Fayetteville Shale, Arkoma and East Texas fields. Thus, the company's earnings and cash flow stream are sensitive to regional pricing or upheavals.
Competition from its peers, such as Chesapeake Energy Corporation (CHK), also remains a threat.
As of now, we don't see any obvious catalyst in Southwestern’s business to significantly push the stock price higher. Consequently, we see the company’s shares performing in line with the broader market. Our long-term Neutral recommendation is supported by a Zacks #3 Rank (short-term Hold rating).
CHESAPEAKE ENGY (CHK): Free Stock Analysis Report
SOUTHWESTRN ENE (SWN): Free Stock Analysis Report
Zacks Investment Research
Noble Energy To Pay $3.4 Billion To Develop Marcellus Shale With Consolidated
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Noble (NYSE:NBL)
Intraday Stock Chart
Today : Thursday 18 August 2011
DOW JONES NEWSWIRES
Noble Energy Inc. (NBL) and Consol Energy Inc. (CNX) agreed to jointly develop Consol's interest in the Marcellus Shale under a deal that will see Noble pay about $3.4 billion for a 50% stake in Consol's interest.
Energy companies have made a big bet in recent years on developing shale-gas assets in the U.S., particularly within the massive Marcellus Shale in Pennsylvania and West Virginia. Consol acquired its 663,350 acreage in the area 15 months ago as part of its deal for Dominion Resources Inc.'s (D) Appalachian exploration and production business.
Consol shares surged 6.7% to $45.25 premarket, while Noble was inactive and closed Wednesday at $87.94.
Consol has increasingly been focusing on natural gas production, announcing in June it would close one of its idled Western Pennsylvania coal mines to focus on more profitable coal and Marcellus shale gas operations. Meanwhile, oil-and-gas producer Noble has said it will ramp up spending in the second half of the year
Great News Recognizer and Curt what do you think??
I believe filed 08/16/2011 Appears late form filed:
1 NOTICE FO LATE FILING udt_ext.htm NT 10-Q 38059
Complete submission text file 0001019687-11-002676.txt 39363
Mailing Address
9595 WILSHIRE BOULEVARD, SUITE 700
BEVERLY HILLS CA 90212 Business Address
9595 WILSHIRE BOULEVARD, SUITE 700
BEVERLY HILLS CA 90212
3102483655UNIVERSAL DETECTION TECHNOLOGY (Filer) CIK: 0000763950 (see all company filings)
IRS No.: 952746949 | State of Incorp.: CA | Fiscal Year End: 1231
Type: NT 10-Q | Act: 34 | File No.: 001-09327 | Film No.: 111039265
SIC: 3823 Industrial Instruments For Measurement, Display, and Control
Assistant Director 10
Please comment.
We will see either a late form or the 10-Q at or after 4p.m. today. Thanks for your response.
It will be interesting to see just what they sold. However based on recent events, the 42 attacks in Iraqi and the fact the new Al Qaeda leader wants to use bio-chemical warfare, aside from the growth of the Al Qaeda in Mesopotamia, read today's New York time I believe they still may pull out a good contract. Yet so far they have completely disappointed me.
Thanks for the post.
I would like to believe that but why not give us the numbers based on sales completed. I do believe "Flayerfan" sadly is correct. In short until I see big orders with numbers I feel like I am in a shell game.
It is my understanding that the units do not make the water drinkable but merely allow the reuse of the water and cut down on water use and shipping costs? Let me know if that is the case.
On the other hand the Governor does not have to sign the bill and base that on the fact he will allow fracking but wants restrictions. Since there is a threat of a recall election he may lean toward signing it to appease the liberal base in New Jersey. But to be quite frank Obama favors developing the shale fields and also the envoirment so with stricter requirements we may get what we want anyway no matter what New Jersey does.
.005-.008
I understand in New Jersey there is a bill to ban fracking. I hope the Governor signs it, the signing would be a signal to the industry that ESPH is the only effective tech to aid them. I believe this stock will take off. As soon as the units are approved and money is exchanged the MM.s will have a heyday.
This stock based on the following should be 2.50 to 3.00
Showing 1 - 10 of about 69 results
Sort by date | Sorting by best match Morning EditionEnergy Panel Wants Answers On Gas 'Fracking' August 11, 2011 ... Department of Energy panel concludes the public needs more information about hydraulic fracturing to restore faith in "fracking." The controversial ... By Jeff Brady
http://www.npr.org/2011/08/11/139508166/energy-panel-wants-answers-on-gas-fracking
Recognizer if the tests are successful we have a winner and I mean one worth lots per share. However I do believe this company will be bought out.
Undt did state they have greater access to the survey monitors. However, why do we not see figures. If they do not capitalize on the Japan market I have lost faith. I still believe there will be one last great run. And, yes I feel Japan will be the one.
I cannot disagree with you but, undt still does not post the sales. It would go along way if the company would be upfront in this area. This kind of conduct lends itself to investors considering this stock a shell game.
Sadly I cannot dispute that.
first the good news we received orders, now the bad news, why is their never a mention of value shipped. This is good news but a major contract is needed.
Curt, Recognizer thank you again for your comments re Southwestern Energy.
Thanks for all the comments re post. Would it be safe to safe Southwestern Energy is the customer they made 87 percent revenue from?
What do you think of the 10-Q. Do you see a trend up?
Curt56
What do you glean from the 10 Q
Well they may donate devices, but they are not going to give away the farm. But believe me I understand how you feel about undt. It gets me very upset to think they may not be able to capitilize on anything. Thanks for your comment screamer.
Even in a terrible economic envoirment undt is hanging in their. I do feel good news is on its way. Yet I fully understand those who see undt from the downside.
Does anyone know if they are hiring more operators in Texas?
You made the assertion obviously you do not have the information. Remember the companies re radiation as far as we are concerned are those vying for business now in Japan. However, I would be clearly dissappointed and very upset if UNDT can capitalize on the need for these devices. I would feel this is nothing but sadly, a tax write off. Thanks for return comments. If you do hear of a company that did get a big contract re Japan let me know
I wanted to know how many have sold to Japan. That's okay I guess you do not know.
Oh screamer I am still waiting to find out which of those 20 companies you found in 5 seconds sold to Japan. I do agree there have been many pumpers this week.
I do no know because I was asking what he did re Recognizers question. I myself never heard of him before.
I just was off the phone with Energy Services and Robbie Cathey who is their CEO for Ecosophere Energy Services.
It appears that David Burnett who was claiming Technologies that were for purification were ahead of their time yet the article demonstrates his univeristy is working to solve a problem which ESPH can already do. I revise the percentages of ESPH success at 70 percent. At least in TECH we are with the winner.
I find David Burnett's stating that these companies that are doing water purification are ahead of their time a little odd. I found the following:
Currend R&D and Proposed Solution
In the past 10 years, the Texas A&M Desalination program has shown that produced water and frac Flowback brine can be treated and reused to replace otherwise additional fresh water resources. Now the program is seeking support to demonstrate that low cost, mobile units can be deployed in field operations to replace the more costly and environmentally questionable practices currently being employed in field operations.
The approach proposed is (1) to develop a portable pretreatment system to demonstrate effective water purification measure and (2) to create a mechanism for engagement of elected public officials, community leaders, and members of the general public to make them aware of produced water treatment technology and the potential benefit. Concomitantly with this “human dimension” portion of the A&M program, a systematic effort will be begun to identify potential market mechanisms and incentives that would encourage oil and gas producers to implement water treatment technology.
Demonstrations of pretreatment technology in field will be conducted using a trailer mounted platform that allows installations of multiple types of purification techniques. The pretreatment technology will be based on 10 years of experience by the prime contractor (Texas A&M University) in its produced water desalination program at GPRI - Siddiqui & Burnett, 2002 (7). The concept to be demonstrated will be that by removal of certain contaminants, a process stream can be used to provide “product water” of a specific concentration thereby recouping treatment costs. The concept is displayed in Figure 1. Total suspended solids (TSS) are removed first (including suspended oil). Handling this step separate from subsequent pre-treatment simplifies the separation process and allows disposal of the small volume of rejected material much less expensive. Treated water can then reused – the value of the “product water” serving to offset the cost of the purification treatment.
It is important to note that the pretreatment technologies are amenable to and in most instances required for ANY desalination process, be it thermal or membrane treatment. Several process techniques have favorable attributes desirable for mobile low cost process train systems. These pretreatment techniques are discussed below.
Solids Removal Techniques. Brines must be free of suspended solid material if subsequent re-use is planned. Recycled waters (including brines) should not be prone to precipitation, generally meaning low divalent ion concentrations, (Blauch 2009). Calcium and similar material often reduce the functionality of chemicals used for friction reduction, scale inhibition, and corrosion control. The A&M Separation Science Pilot Plant has identified methodology whereby undesirable ions can be removed using specialized membranes that do not require high pressure for separation. Test data collected in Pilot Plant experiments showed excellent rejection of Calcium from a high salinity feed water. Results from both laboratory prepared samples and field produced water showed 90% reduction in divalent ion concentration. Figure 2 shows test results with both synthetic produced water and actual produced water. Such separation allows a process “product water” stream to be created from high salinity brines (frac flowback & produced water).
Oil Removal Techniques. One of the prime reasons that traditional water treatment technology is ineffective in oil field operations is because of the hydrocarbon content in produced water. Experience has shown that oil removal before other pretreatment will improve water treatment efficiency and lower operating costs.
Laboratory tests have shown that experimental data for oil/water separation of controlled mixtures using packed columns with modified clay particles. The average oil loading capacity of these particles is better than activated carbon (over 60%). Both laboratory and field results indicate that packed beds can remove over 90% of the oil - Barrufet & Burnett, 2005 (8). One of the functional advantages of the newer forms of these material is the lessened contact time necessary of effect oil adsorption - Fabri, 2009 (9).
A particularly attractive technology is being licensed by Los Alamos National Laboratory. The process evaluated in field tests in the Farmington field in New Mexico - Kwon & Sullivan, 2008 (10) provides a means of regenerating the oil removal catalyst via biological treatment in packed beds. Such technology needs to be evaluated in longer duration tests with modified zeolitic catalysts according to LANL.
“Product Water” Techniques. The most practical way of handling waste brines is to reuse them in subsequent fracturing operations. However in the Marcellus Shale, the hyper salinity of the Flowback brines may preclude muc reuse unless the brines can be treated to remove offending ions that react with fracturing chemicals and cause precipitation when mixed with produced fluids
Undesirable ions can be removed using specialized membranes that do not require high pressure for separation. Data collected in the A&M Separation Science Pilot Plant showed excellent rejection of Calcium Chloride from a high salinity feed water. Both laboratory prepared samples and field produced water showed 90% reduction in divalent ion calculation - Olatubi, 2009 (11).
Field Unit Designs. As a first step, small-scale laboratory tests will be conducted using flowback water samples to demonstrate the performance of the pretreatment technologies, individually and in combination. These tests will show which combinations of technologies offer the best pollutant removals, and can give some early indications of the capital and operating costs, including the cost of disposal/management of any concentrated brines or sludge. Based on the results of the laboratory tests, one or more portable field units will be constructed for subsequent pilot tests in different shale formations and with different primary commercial flowback water technologies.
Field test demonstrations will be conducted on site at locations in the Marcellus Shale Play where frac water flowback operations are underway. The field demonstrations will evaluate a combination of the different techniques that are designed to sequentially remove contaminants from waste brine using equipment similar to the A&M Mobile unit for in the Permian Basin.
Concurrent with field testing, members of the team will work to address the Societal Issues portion of the project. As part of the program, researchers from team member Rensselaer Polytechnic Institute will conduct exploratory interviews with landowners and local government officials in northern PA to get a general sense of how issues such as industry secrecy and lack of access to scientific information are shaping local perceptions of the risks and benefits of natural gas development. – Kinchy (12). Researchers will identify pertinent regulatory agencies that have statutes applicable to oil and gas production and/or water quality issues within states located in the Marcellus Shale. Once these agencies are identified, researchers will contact by telephone selected key personnel within each agency. Face-to-face meetings then will be scheduled. A comprehensive program is also planned to communicate with stakeholders to inform them of the program and to offer opportunities to observe operations designed to minimize the impact on the environment
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