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What did anyone expect him to say...
Cheney Says President Has Spying Authority
He's in charge.
Isn't one of them roosters girlfriend ?
This use to mean something...
"I do solemnly swear (or affirm) that I will faithfully execute the office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States."
Not anymore.
Mac...He got thrown in jail and i believe he
could care less about i-hub and its rules.
provocateur007....don't forget about the
paid pumpers. They surely don't help with their BS., and they know who they are, right.
Rooster..if you want to say gwb keeps his word..
then i would like to try what your taking.
Eatgoodfood...you ever look up the requirements
for the AMEX?
Cowboy ..please respond..
Cowboy...when did they say this about the oil..
see two major plus's in the PR today. One that the ProGas deal is done as was previously stated and on time. Two that managemnent said they could have been mistaken on the last PR mentioning the amount of oil coming out of fields that are adjacent to the property we just acquired.
A poster on this board mentioned Alonzo got disturbed when he asked him about it and held firm on his statement of 15000 bbl a day.
Rooster, wouldn't you say they're a little late.
Cowboy...when did they say this about the oil..
see two major plus's in the PR today. One that the ProGas deal is done as was previously stated and on time. Two that managemnent said they could have been mistaken on the last PR mentioning the amount of oil coming out of fields that are adjacent to the property we just acquired.
A poster on this board mentioned Alonzo got disturbed when he asked him about it and held firm on his statement of 15000 bbl a day.
teabubbles...That coward is always running
from confrontations.
Yeh i have a kid who thought throwing snow on
an overheated engine was smart. He wasn't on crack but the engine was when he finished.
coydog..another way of saying that is..
I wish i didn't know now what i didn't know when i was young.
Not making much but there are some cheapies to gather right now for next year.
Dollars that is..eom
So provocateur007, your'e saying that a well next to the
property PBLS bought will deliver close to 2 billion a year.
Am i reading this correct ?
There is some justice in the world...
Williams Denied Clemency
Looks like it's coming back..eom
Coydog...so true, this market does suck...
hope it gets in gear after the first of jan.
it's been sucking for awhile.
Itznot...long term taxes have gotten better..
http://moneycentral.msn.com/content/Taxes/Preparationtips/P33056.asp
Cowboy..Are we talking about property or well.
PP Paul is very busy today but took my call because the other management person I normally talk to was not in the office. I actually asked that question twice and he got a little irritated with me doing so and said so...lol.
Anyway ya gotta be sure.
I also talked to the other person and he got confirmation on the numbers again this morning. He was told between 13 and 16,000 bbls per day on the adjacent property and when they put out the PR it was decided to use a number in between which just happened to be 15,000 bbls per day as a good round number.
Power pole ...let's look at this..
Canada's largest oil company EnCana announced it will boost its oil production twelve-fold to 500,000 barrels per day at its Alberta oil sands properties in the next decade.
The Calgary-based firm controls 485,000 hectares (1.2 million acres) in Canada's oil-rich patch in the western province of Alberta with an estimated five to 10 billion barrels of recoverable oil. The company currently produces about 42,000 barrels per day.
Increasing production to 500,000 barrels of oil per day, more than double the company's previous production outlook of 200,000 barrels per day, would require an initial investment of five billion US dollars and 7.5 billion US dollars more over the life of the projects, EnCana said in a statement
So it takes 5 billion as an initial investment.
15000bbls/500000 bbls =.03
.03 x $5000000000 = $150000000 And really it's only for 300000 bbls.
So alonzo is saying he's more on the ball than this large oil co. I find that hard to believe.
Powerpole that is awesome...problem is
there's no such well in existence.
For Sure...eom
Coy, I guess you look at the other Phoenix board..
Do you have any thoughts about the 15000 bbl a day well.
Some questions were raised about it, but they consider it bashing over there.
If you don't want to get into,i don't blame you.Figured i'de ask.
coydog...you just snuck in there with Indy
Another pump post from ne with absolutely
no substance.
NEVADA known for the next gold rush in the oil industry alot of wells left undiscovered from the 1970's and now with new technology and the right PSI to pull it i believe its possible to produce 10,000 plus barrels a day in that area from 1 well......
What makes you believe a well will do 10000 bbls ?
Maybe if they hire you to stand next to the well and pump, they'll be able to do it.
I'm not bashing but your pumping is worst than having 10 bashers on board.
Stushy...because i'm looking at USA wells in the lower 48.
...Why can't you believe a well pumping 15,000/day.
I thought we were talking about oil...
not gas. Maybe you have some gas and it brought up remembrances.
Show us all the beef tommorow.gnty
Yeh, it's also possible that you know what your talking about....
it's possible and he said it would take about 1mm dollars to one that size together also they would have to have some huge pressure to pull he commented and the piping would have to be very sizeable in short it's possible....
but i fully doubt it.
Yeh ne...just think how much they'll make on endorsments...
lol you really don'y have a clue.
you stated something , now back it up.
Is this money in the bank like PBLS proposes...
http://lonestarsecurities.com/Art_EvaluatingDeals.htm
I'm totally not bashing. I just like truth.
Anyone else for that.
Let's get to the bone here.
Please show the board how you can confirm this....
Yes 15,000 confirmed on property next door......Nothing to agure about imo....And yes one well can do it just would take 1mm bucks to get it going roughly .....jmo guys
ne14...please , show all of us a well producing
15,000 bbl . you can't . end of story.
US Production capacity, about 8 million barrels per day, is accomplished with
about 533000 oil wells, averaging less than 17 barrels per well per day. ...
The best well in the onshore 48 states is in Grant Canyon Field, Nevada, producing about 4000 barrels per day from sucrosic Devonian dolomites in a small fault block.
ne14...really i don't want to know anything about you...
....Nothing guaranteed
That's the only thing with substance in your posts.
again...when we hitting .05, you say it every week.
ne14..when's the stock going to hit .05...
You've been saying that for weeks with nothing to back up your reasoning. Your a pumper and don't like it when someone throws some evidence disagreeing with your shallow pumps.Call Alonzo ,ask him what's holding up progas deal now,ask him why people were selling restricted shrs. back in july,ask him why they throw out projected numbers and they don't even have a hole in the ground.Potential is what they may have but reality isn't here yet.
Wow, a couple of posters bring truth to the board
and get attacked for it.Alonzo either screwed up or lied about the oil production. Read his lips.
I take that back....
A producing well in close proximity to our new Nevada leasehold is currently producing in excess of 15,000 barrels of oil per day."
So if the field near them has 10 wells producing 1500 barrels a day, it could be true.The ceo didn't say it was one well.
I thought the deal was delayed because of a funeral...
Paul Alonzo, CEO of Phoenix stated, "The deal is done in principle. We have already begun the integration of ProGas into our overall operations, however there was a delay, do in large part to the Thanksgiving Holiday and legal review of the closing documents, that prevented us from 'officially' closing the transaction this week. Irrespective, we should have the deal closed shortly and we are already reviewing other compelling candidates for acquisitive growth."