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You would think so inthe next 2-3 weeks a volume increase.
We will see. For me this is a believe it when I see stock.
Hopefully they do another CNBC slot.
No - other info. just being watched - 33% inst. owned.
Probably - It's IVAN.
Keep a core - sell the tops and buy the dips.
25% ump in volume with Analyst Rankings for Ivanhoe Energy, Inc.
Oil back at $100
Watching but,,What news?
150 million barrels found - shale. Don't know if anyone here follows other oil stocks but YPF just found 150 million barrels. I have for dividend. CPL too. But look see. Hopefully OOAg someday gets assets from Lanza and has shale find too.
UPDATE 1-Argentina's YPF says makes big shale oil find
Tue May 10, 2011 8:08pm GMT Print | Single Page[-] Text [+]
* Discovers 150 million barrels in Neuquen province * Company says find represents 35 pct of its oil reserves * YPF's crude output has dipped in last few years
(Adds quotes, context) BUENOS AIRES, May 10 (Reuters) - Argentina's biggest energy
company, YPF (YPFD.BA: Quote), said on Tuesday it had made a large
shale oil discovery that was equivalent to 35 percent of its
current crude reserves. The discovery at YPF's Loma La Lata property in Neuquen
province could eventually help put the brakes on falling oil
production in Latin America's No. 3 economy, where energy
demand is rising due to strong economic growth. YPF Chief Executive Sebastian Eskenazi said the company had
discovered 150 million barrels of potential resources. "The important thing about this ... is the fact that this
is new energy," he said in a televised speech. Federal Planning Minister Julio De Vido said the discovery
represented 8 percent of the country's total crude reserves. According to the U.S. Energy Information Administration,
Argentina's proved petroleum reserves in 2009 totaled 2.62
billion barrels. Argentina has been forced to import more fuel to meet its
needs in recent years and critics blame government intervention
in the market and political uncertainty for discouraging
investment in exploration. Tuesday's announcement comes months after YPF said it had
found a huge deposit of unconventional natural gas that would
be equivalent to a quarter of the country's proven reserves in
the same region. [ID:nN07279120] Soon after the Argentine find, a U.S. Department of Energy
report meanwhile showed that Argentina holds more natural gas
trapped in shale rock than all of Europe does -- a
774-trillion-cubic-feet bounty that could transform the outlook
for Western Hemisphere supply. (DOE report:
link.reuters.com/byd98r)
(Reporting by Helen Popper;editing by Sofina Mirza-Reid)
(helen.popper@thomsonreuters.com; +54 11 4318 0655; Reuters
Messaging: helen.popper.reuters.com@reuters.net))
... and people were slamming this compnay just a few weeks ago.
<<Penn West Petroleum (PWE) was up 5.64% on Friday. It beat estimates on the 5th of May. Penn West has increased light oil production by 14% year over year. Its 63% oil to gas ratio is increasing every quarter. It had a three-fold rise in first quarter profit. Penn West had a net income of 63 cents per share. This compares to the analyst estimates of 10 cents per share. Penn West states the increase in net profit was due to an increase in realized prices of oil and natural gas liquids. This was an exceptional quarter. RBC Capital upgraded Penn West to outperform. Penn West offers a 4.4% dividend.>>
I'm not from that area - but know a little bit about Bakersfield oil from my days when owning IVAN.
You have investments in Bakerfield oi?
Sound like you know a lot more.
Same stuff that comes from Bakersfield area, tar like- IVAN has a process for it.
Think it ever gets back up to .0075? Will the company support this falling PPS?
Or some new PR to come?
Anybody contact company lately?
What email address? Get a response?
Sorry to hear. Region is happening - pipeline to be built etc.
Questin is,,,, Is Strata happening? I took most off over last 2 years, still hold some and watch.
Wise words - great post.
They never seem to post how much money it costs to build the mine, or how long.
JMHO - get to all free shares ASAP. Then take another 30-50% off. Don't get greedy.
Look at the year chart - pump - dump chart for text book
Jade - you got it wrong. "no profit",, Profit? you gotta be kidding. They got no Revenue. Have not reported any for years.
JaCheck pinksheet - 2009 0 income Jan 2010 compnay disclosure states no revenue in two previous fiscal years - that would be2008 and 2009. Has there been any since??? Only record I knowof was when they conned people into buyinng into multi-level marketing plan of boomerang way back when. There is no company - to my knowledge no more employees. Lot's of former employees who worked on the software - but never got paid. SCAM SCAM SCAM
<<dog food stock with no future. Even you and your pump and dump buddies can't change that. No profits, worthless tech, and a CEO with no vision past his personal paycheck. Thankfully facts are facts and they speak for themselves. So good luck trying to convince people otherwise. >>
Strongly agree with you! Just looking in after getting spam emails. That in it self is a deadly sign. Down 90% since AUgust last year - another sign.
Almost all I have seen on ihunb and in picks are scams. IF company is unsuccessful in market they pump and hope the pump groups run the pps up so they can sell into it. Put upa web site - file a few papaers and list a hopeful business plan related to a hot market like - oil - gold - new energy drink,,, then R/S to pay salaries etc. repeat and wash.
Really just an enviornment were pinkie shells run scams in link iwth pump trading gourps to steal money from a bunch of people hoping.
Maybe 1% are real- and so they only deserve 1% of your investment capital.
<<The corruption in the Pink Sheet market (and I think both companies and Wall Street are sources of this corruption) is hurting the US economy. Small public companies should have a well regulated market to raise funds in and investors should have a better chance to evaluate companies. >>
Free Oil Change via GETG.
http://www.getg.com/campaigns/request.php?cID=cad110407
State of Oil Sands -
via another board post -
From an operational point of view this is where they stand today ... http://finance.yahoo.com/news/Canadian-Oil-Sands-2010-Cash-iw-35032736.html?x=0&.v=1
1. The total cost of production per barrel of oil was $49 and this includes depreciation and royalty fees.
2. Their energy balance is 6 to 1, you can see that by looking at how much natural gas they purchased to produce their oil. They can surface mine their bitumen so they don't need to steam water. They only need to heat water once they get it to their refinery. I would call this good.
3. Their final product is light sweet crude so I don't see why that needs any conventional oil to help it through the pipeline.
4. They recycle 87% of the fresh water they use and it looks like all of the oil sands producers are only using 0.4% of the flow of the Athabasca river when they are allowed to use up to 1.6%.
Management is planning to expand the syncrude consortium production.
http://www.cdnoilsands.com/Theme/COS/files/FinancialReports/AnnualReport2010/2010%20Annual%20Complete%20-%20FINAL.pdf
Concerns?
1. Higher royalty rates starting in 2015.
2. The carbon limits. It's kind of crazy, of course oil sands is producing carbon because this is a product that Canada is exporting. If Canada was building cars for export then that would be producing carbon as well. It is interesting that Energy Alberta Corporation has already applied for a nuclear power plant license in that area.
Good company but I'll keep my eye on how the carbon legislation progresses.
Really a great find. I think they found out they can make more money pumping and dumping stock thatn through pumping the wells.
Again Reed's only experience is as a stock broker. Interesting that so many pump groups showed up in those days and did pages os message, never answering anyone who asked - " are the wells dry - oil experience of owners?" Instead the just burried those comments with pages of "to da moon" type remarks. Needs investigation if there was coordination, or if Reed and Sens started selling ath 50 on up.
Key for me was, "Another question Serious Speculators are asking is, since Darryl Reed and Joel Sens own about around 85% of the issued and outstanding NGMC stock, why are they paying themselves $500,000 to basically sell themselves Knox Gas? Didn’t they effectively just end up selling 15% of their actual ownership for the half million?"
INTERESTING INDEPENDENT ARTICLE ON NGMC
http://serious-speculator.com/2011/04/19/next-generation-energy-corps-acquisition-announcement-holds-promise-but-lacks-details/
Management needs to give some guidance. I would be coming back in at quite a discount at these rates - but to dedicated those funds - need something besides Norwest report every 1-1 1/2 years. They are in a good position - great assets in gound - not in area challenged - however they need to partner up or sell to someone who would produce.
It is a lotto ticket ( not a pump and dump with phony PRs) . They seem to do no promotion and give shareholders something to hold on to only once a year or so.
A Lotto ticket for sure - because when they do get bought it will be for reserves - and a huge payoff. But how far is this in the future? Management needs to give some guidance as to activites.
For me a good amount came off the table because there wer other opertunites that would pay -- right now. Gold and Oil and oil service stocks. If I some some development twords th end and had a time frame for the end - I would put those funds to work again in Strata.
You mean this as humor?
Nice - thanks
Reserves still there - I pulled most off long ago. Still keep some. Have to see what Daems delivers. From resume he is behind the scene money raiser. No relaease -. I assume the Indian money still in waiting for development as it was a downpayment oon the future - not something they expected in -2-3 years. they know what is happening in region. Have you contacted them?
:0))))) nice one
Records of drilling in Knox County. Figure it out for yourself.
http://kgs.uky.edu/kgsweb/DataSearching/OilGas/OGresults.asp?placename=KNOX&placeAmt=multiple&farmname=&limiter=AND&opername=&wellnum=&yearlmt=equal&month1=&day1=&year1=&month2=&day2=&year2=&permit_yearlmt=equal&permit_month1=&permit_day1=&permit_year1=&permit_month2=&permit_day2=&permit_year2=&elog_month1=&elog_day1=&elog_year1=&elog=nolimit&devtype=nolimit&well_depth_val=&well_depth=none&srchType=oil&areatype=county
Thanks Ben - I found it too.
Thanks- got one for Kentucy?
Fat or Ben - Is there a sight that logs what they register with gov as to what was pumped? Like MSHA for mining.
Former stock broker - not an oil guy - who them took over a shell known for selling "Next Generation Media through its subsidiary United Market Solutions, Inc. (acquired in 1999) offers a host of direct marketing solutions to local market business owners, professionals and service providers." - pinksheets.com
Oil hot product-- so now in oil biz. Reported that they bought wells - whey would knox sell them producing wells in this market, could be dry or not. Lots of dry wels around - or maybe knox thinks this is the top fo oil and their business is finding not delivering.
In any case CEo is nto an oil guy, so no expertise there.
I don't care if he has luch,, but I draw the line at the strip clubs. I'll bet thtat is why his wife is an ex - lunch with stripers. "honey we were just doing business - that is how it is done in Hollywood!"
I always worry that this crook is goign to get it going again after years of warning people- but I don't think he can. Pedro and everyone else has done the job.
<<How is that possible unless he sold a couple hundred thousand shares? The company has no income and there's no way he is using his own money for business expenses like food or strip clubs. >>
Anybody look up how much gas Knox has pumped from these wells? Production levels? Expense to get them producing again and stated in "the next several months"?
<<LORTON, Va. and KNOX COUNTY, Ky., April 18, 2011 /PRNewswire/ -- Next Generation Energy Corp. (OTC:NGMC.ob - News), (Nexgen), today announced that it has acquired all the membership interests of Knox Gas, LLC, the owner of 10 drilled and completed gas wells in Knox County, Kentucky, for a purchase price of $500,000.
"We now own a lease of 100 acres, containing five drilled wells, a lease of 20.2 acres, containing two drilled wells, and a lease of 400 acres with three drilled wells," said Darryl Reed, Next Generation Energy CEO. We anticipate that the wells will be online and producing gas within the next several months.
>>
I am pretty sure Henning had lunch, and for him that is an accomplishment.
<Another week for eWorld to do absolutely nothing. No movement in the stock price, no upgrades to the tech, no PR, no additions of any programs that will actually turn a profit. Make sure you pump this dog food stock. Keep the faith. >>
Warning Will Rogers!!
There is another one brewing;
CEOs experience in oil industry -none. Was a broker!?!! So he knows the shell game - we'll see. Already did a 1000-1 R/S - "The company was formerly known as Next Generation Media Corporation". Pinksheets still has them as this. •Capital Change=shs decreased by 1 for 1000 split. Pay date=05/25/2010.
Company Officers
Darryl Reed President
Phillip Trigg CFO
"Next Generation Media through its subsidiary United Market Solutions, Inc. (acquired in 1999) offers a host of direct marketing solutions to local market business owners, professionals and service providers."
"Mr. Darryl Reed is the current President of the Company. His background includes seven years in the financial services industry. Mr. Reed formerly was with New York Life Insurance Company, a major insurance company, and certain of its subsidiaries since October 1995. Such subsidiaries included #1A Eagle Strategies Corp., a registered investment adviser, where Mr. Reed worked from April 1997 until May 2000. Mr. Reed held several licenses in the financial services industry, including Series 7, 63 and 65. He has a BS in Finance from the University of Florida and an MS from the American College, Philadelphia, PA.
"
<<NEXT GENERATION ENERGY CORP. ANNOUNCES LETTER OF INTENT TO ACQUIRE 10 COMPLETED GAS WELLS IN EASTERN KENTUCKY
2/22/2011 9:22 AM - PR Newswire
LORTON, Va. and KNOX COUNTY, Ky., Feb. 22, 2011 /PRNewswire via COMTEX News Network/ --
Next Generation Energy Corp. (OTC Bulletin Board: NGMC), (Nexgen), formerly Next Generation Media Corp., is pleased to announced that it has entered into an agreement to acquire Knox Gas, LLC, the owner of interest in 10 drilled and completed gas wells in Knox County, Kentucky, for a purchase price of $500,000. The closing date is expected to occur no later than March 15th, 2011. >>
There is another one brewing;
CEOs experience in oil industry -none. Was a broker!?!! So he knows the shell game - we'll see. ALready did a 1000-1 R/S - "The company was formerly known as Next Generation Media Corporation". Pinksheets still has them as this. •Capital Change=shs decreased by 1 for 1000 split. Pay date=05/25/2010.
Company Officers
Darryl Reed President
Phillip Trigg CFO
"Next Generation Media through its subsidiary United Market Solutions, Inc. (acquired in 1999) offers a host of direct marketing solutions to local market business owners, professionals and service providers."
"Mr. Darryl Reed is the current President of the Company. His background includes seven years in the financial services industry. Mr. Reed formerly was with New York Life Insurance Company, a major insurance company, and certain of its subsidiaries since October 1995. Such subsidiaries included #1A Eagle Strategies Corp., a registered investment adviser, where Mr. Reed worked from April 1997 until May 2000. Mr. Reed held several licenses in the financial services industry, including Series 7, 63 and 65. He has a BS in Finance from the University of Florida and an MS from the American College, Philadelphia, PA.
"
<<NEXT GENERATION ENERGY CORP. ANNOUNCES LETTER OF INTENT TO ACQUIRE 10 COMPLETED GAS WELLS IN EASTERN KENTUCKY
2/22/2011 9:22 AM - PR Newswire
LORTON, Va. and KNOX COUNTY, Ky., Feb. 22, 2011 /PRNewswire via COMTEX News Network/ --
Next Generation Energy Corp. (OTC Bulletin Board: NGMC), (Nexgen), formerly Next Generation Media Corp., is pleased to announced that it has entered into an agreement to acquire Knox Gas, LLC, the owner of interest in 10 drilled and completed gas wells in Knox County, Kentucky, for a purchase price of $500,000. The closing date is expected to occur no later than March 15th, 2011. >>
16 hrs for, 8 hrs against. DO THE MATH!!!!
<<He told me he averaged 16 hours a day.
This just isn't adding up... which is it???
fAt>>
No point. Nothing happening.
Guess Adam had his lunch at the Outback Steakhouse and fell asleep in the booth.
Nice move after hours. Can listen to latest recording from oil conference at link via pwe site. Penn west first speaker.
http://webcastingplayer.corporate-ir.net/player/PlayerHost.aspx?EventId=3848580&StreamId=1651650&TIK={52122F9E-9E45-4558-8863-4250251EA89F}&RGS=1
Ben - What Adam should be watching for - jsut made the comparsion a few days ago. SEC action ties two. Very detailed.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61892741