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and w're only couple weeks away with the new website and studio launch.
#GO UTRM
Ask is getting super thin here folks. Much more ahead.
Studio will be all set soon and FIRST MMJ channel with advertisement/MAJOR revs!
#GO UTRM
Healthy pullback here for next leg up!
Perfect accumulation for next leg up. Massive buys at these levels.
ASK Thinning and BID Stacking!
Easy .01 play here folks! Get in now before news spreads into tomorrow!
#GO UTRM
yes sir... especially with this low float
Lets be realistic this week might close at .006-.008 depending on PR's.
Bayport International Holdings, Inc. Announces the Signing of Contract to Purchase Interest in the Fogle Lease Five Well Oil Gas Lease Prospect
Tulsa, OK, February 20, 2014 Bayport International Holdings, Inc. (PINKSHEETS: BAYP) Bayport International Holdings pleased to announce the signing of contract to acquire 5.0% working Interest and 3.75% net revenue in each of the five wells in a new drilling program in the Fogle Lease, Forest County, Pennsylvania. The contract is for wells numbered 13, 14, 15, 16, and 17, which are permitted with the Pennsylvania Department of Environmental Protection (PA DEP).
Drilling permits may be found at the Official State of Pennsylvania website or directly by following the link below.
http://www.portal.state.pa.us/portal/server.pt/community/oil_and_gas_reports/20297
The Fogle Lease is north 2,500? from the Steffelbeam Lease. The Fogle Lease had one well drilled by Quaker State in the late 70?s and or early 80?s, and we do have knowledge that the one well drilled was to the 2nd sands, leaving the 3rd and 4th sands untouched. Very recently a test well was drilled on the Fogle Lease to confirm that all the Venango formations are present.
Bayport International Holdings is currently a 5% WI / 3.75% NRI holder in the Stefflebeam Lease and we are very pleased with the performance of the Steffelbeam lease to date. The Fogle wells are anticipated to be in full production within the next 30 days and updates with regards to the site activity and photographs of the drilling site will be found on our company website as soon as the driller begins. Production numbers and other factual data will also be supplied via our website, as we receive it.
The following is a geology report for the Fogle Lease located in Forest Co., Pa. This approximate 67 acres on the Fogle Lease located north east of the town of Titusville, Pa. This area has always been prolific in the production of oil and natural gas. The preliminary target zone for wells on this lease will be the Venango sands. The Venango Sands formations are the Red Valley, Lytle, 1st Sands, 2nd Sands, 3rd Sands Stringer, 3rd Sands and 4th Sands. These oils and gas bearing formations are found throughout this immediate area and historically have been good producers. All zones should be encountered at drilling depths of approximately 900-1300 ft., depending upon the elevation. Well records found in the vicinity show the presence of these formations on and near the lease. This lease is off-set on all sides by operating oil and gas wells, owned and operated by various independent operators.
This comprehensive report was produced using information through the United States Geological Survey and the State of Pa. publications and data available through the PA DEP website.
It is the purpose of this report to evaluate the geologic factors pertaining to the prospective oil and gas well drilling locations located in Forest County, Pennsylvania, known as the Fogle Lease. This report is based on information gained from on-site inspections and information gained from logs, oil field maps, and other publications of the U.S. Geological Survey (USGS) and the Dept. of Environmental Protection for the state of Pennsylvania (DEP). With the information included in this report it is the intention to give an indication of the potential for successful drilling operations of this lease.
Pennsylvania has been acknowledged as the birth-place of the oil and gas industry since Edwin Drake drilled the first commercial oil well near Titusville in 1859. Prior to the invention of the internal combustion engine the primary usage for crude oil was as lamp oil and medicines. Soon after the finds in the Venango County area early drillers moved out into the surrounding counties of Butler, Bradford, Forest, and Warren of northwestern and central Pa. With the early technology available these drillers searched and found oil in the relatively shallow sandstone formations of the Venango Sands groups. Some of these early wells blew out at over 10,000 bbl. of oil per day. The drive that forced this oil out at such high rates was the natural gas that was also present. Before a market was found and pipelines were built much of this natural gas was wasted, being vented or flared to atmosphere. The intense market demand for crude oil created a boomtown history that reviled anything in the gold fields of California. Spin-off industries such as transportation, refining and paraffin extraction created a job bases that lasts today.
Up until the mid-1930?s this region of Pa. was the world?s leading exporter of oil. The majority of these early wells were drilled to a depth less that 3000 ft. Success rate of wells drilled in this known region of Pa. has been approximately 95%. Drilled and production operations have continued in this region. The factor for drilling activity in this region has always been the market value of the oil and gas. The lowest risk and greatest potential from drilling successful wells is to pursue development drilling activities. This is to drill new wells within the proven boundaries of previous activity. With the rare exception the days of the big gushers are a thing of the past. While most of the oil and gas remains trapped in the reservoir rock the easy production was obtained and in many cases historically squandered. Drilling and production methods of the early days were to drill to the targeted formation and either produce the wells through natural flow or stimulate the formation by setting off charges of nitroglycerine. Availability of extractible petroleum is a function of porosity, permeability, and size of the formation. (See Terms and Definitions)
Modern techniques in drilling, logging, and hydro fracturing can help to maximize return returnable production. Working within known geographic areas of oil and gas fields, using modern drilling, completion, and production techniques, attractive tax incentives, and the current market price of oil and gas should make drilling on these leases an attractive enterprise. At the conclusion of this report are maps, logs, and other pertinent information relative to the Fogle Lease.
It is the best appraisal that wells drilled on the Forest Co. Fogle Lease have a great chance of being economically productive. These leases give a drilling program a nice balance of oil and natural gas production. Ideally a 10 ? 15 barrel oil per day (bopd), initial production, can return in approximately 1500 ? 2000 bbls of oil in the first 24 months. Shallow wells go through a decline curve after a short period of flush production and settle down to a rate that may be maintained for many years. It is quite common for wells in this region to continue to operate economically for (20) years or more after drilling. Of course this economical life span is a factor to the price of being received for the oil.
It is imperative that all prudent oil field operations as to drilling, completing, and operating of these wells be observed. All potential producing formations should be evaluated, not only for the presence of oil but also to avoid any excess brine production. It is my opinion that with the nature of off-set drilling success rates, known production zones, relatively low cost to drill and operate, and the high price being currently paid for the end product of oil and gas, wells drilled on the Fogle Lease have a great change of being financially successful.
The target production for oil and gas in western Pennsylvania is the Upper Devonian sediments in the Appalachian Basin. These blanket-like productive zones extend in a range in northeast-southwest zone extending from western New York into western Pa., eastern Ohio, and West Virginia. These depositional sediments are a result of erosion of mountain ranges to the east and near shore beach and shallow sea environments that existed during the Devonian Age, approximately 400 million years ago. These shallow sea depositions are known as the Chemung Facies. The shallow sea that existed at that time teemed with flora and fauna, whose decomposed bodies would eventually, under time and pressure, become the petroleum we seek today.
During this time of geological chaos these was a continuing uplift and with pressures exerted by colliding landmasses these shallow water sediments were compressed into the sandstone reservoir formations that contain the petroleum reserves. Layers of other type of impermeable rocks were subsequently deposited and acted as a cap rocks to help trap the petroleum within the sediments. This process was repeated many times thus creating an almost layer-cake effect of multiple producing zones of porous sedimentary, petroleum bearing formations, trapped within more impermeable formations of shale, chert, or limestone. It is these lenticular, multiple layered zones of sandstone from which old and gas is found. Within these shallow multiple sandstone formations are found over 500 oil and gas fields, which have produced, over time, 1.3 billion barrels of oil and 9 trillion cubic feet of gas.
yup i agree... added 3 more mill here. Load the cheapies before the big news hit.
UTRM is in a BILLION DOLLAR Industry by creating revenue from ADs. Big things are coming when all these MMJ companies are competing for an AD on UTRM's page!
Email them if you have any questions... they'll gladly answer even with their busy work load.
#GO UTRM
News pending... just hold on.
I got an email confirmation that the management team is still working on the share reduction and updates will soon to come.
#GO UTRM
Perfect time to add.
#GO UTRM
we'll be lucky to even see 15 cents this week... imo
This company is way undervalued with the advertisement revs that will be coming in and is already coming in.
super cheap at these levels.... i myself is accumulating more too
#GO UTRM
The NP-1 is finally arriving at people's houses!
#GO NTEK
Sales Gaming - $537,800
Sales Comms - $11,037
Sales Media - $4,482,150
Sales Events - $78,095
Sales 3D - $120,000
Sales Studio - $95,000
FOR TOTAL OF $5,324,082
This will be the start of our second big run folks! :D
#NTEK LONG AND STRONG
Big things in line for UTRM... PR's will be coming out soon.
Best time to accumulate UTRM... this is the calm before the storm.
#GO UTRM
Higher highs and Higher lows begin tomorrow! Mark this post.
Only difference is the case i believe... the NP-C case is much more durable due to commercial use.
#NTEK LONG AND STRONG
Yup, that means NP-1 will almost be on it's way too!
gooood... hopefully it can stay that way!
#NTEK LONG AND STRONG
UTRM is first in the business with major advertisements coming in... hold on tight folks!
It wont be too long before we pass .004's so i'm sure they will be happy soon!
Bunch of updates on the website! www.potnetwork420.com Look below for all of today's news.
#GO UTRM
it should be a good week with this news out! big things are happening!
#GO LATF
imo this will make a bigger move then that stock because they are the first in this for the mmj business
I hope you're right :) i'm waiting for it to be my ATM too
#NTEK LONG AND STRONG
You are correct... there are bunch of revenue streams that LATF has which are Green Cannabis Collective Inc. (Green-Cannabis.com), Valley Organics Inc. (ValleyOrganics.org) and Mekonza Corp. (Mekonza-corp.com)
Our .000's are looking nice right about now :)
Yup especially with that NEWS/VIDEO out today! Big thing are coming!
#GO UTRM
ADVERTISEMENT STARTING AS SOON AS NEXT WEEK WITH REVENUES!
#GO UTRM
Peanut Butter Cups – 200mg of THC, Indica
Chocolate Bars – a full gram of hash
Chocolate Chip Cookies – 105THC, 1.3 CBD and 1.1 CBN
http://green-cannabis.com/?page_id=66
Also take a look at their front page with their facility picture.
http://green-cannabis.com/
AND they have ownership of everything below.
Green Cannabis Collective Inc. (Green-Cannabis.com)
Southern California-owned and licensed medical marijuana dispensary and transporting. The specific purpose of this corporation is to collectively facilitate medical marijuana cultivation and transactions by and between qualified patient members of this corporation and/or primary caregiver members who have the oral or written approval or recommendation of a licensed physician, as permitted and authorized by the Compassionate Use Act of 1996 (Health and Safety Code section 11362.5) and the Medical Marijuana Program Act (Health and Safety Code sections 11362.7 - 11362.83).
Valley Organics Inc. (ValleyOrganics.org)
Southern California-owned and licensed medical marijuana co-op and transporting. The specific purpose of this corporation is to collectively facilitate medical marijuana cultivation and transactions by and between qualified patient members of this corporation and/or primary caregiver members who have the oral or written approval or recommendation of a licensed physician, as permitted and authorized by the Compassionate Use Act of 1996 (Health and Safety Code section 11362.5) and the Medical Marijuana Program Act (Health and Safety Code sections 11362.7 - 11362.83).
Mekonza Corp. (Mekonza-corp.com)
Headquartered in Southern California since 2006, Global Trading Group (GTG) started out as a luxury/exotic car exporter and eventually branched out into seafood importing which came about Mekonza Seafood. The variety of seafood products we offer has allowed us to be an innovator in product development. The diversity of our products allows us to be the next force-to-be-reckon-with in the seafood industry. Mekonza has grown from a small one-man operation to one of the West Coast's most innovative and well-equipped seafood importing and processing companies. With outstanding customer service as our secret sauce and key ingredient, we're on our way to be the industry's leader committed to achieve the highest possible standards in quality, service to our clients, suppliers and investors.
Another upside to LATF is they have been around longer then most other MMJ stocks and already have products rolling out unlike these new stocks trying to get into the MMJ sector! BIG things are coming for LATF since they have been one of the original MMJ company!
#LONG AND STRONG LATF