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matt , how much time shoud i wait in jail?
I understand the rules.
homophobe Yes , but racism not !
Not personal attack.
Matt i understand the rules , how much time in jail?
ok.
Matt I wait here , I try to explain my reason to attack a BASHER.
Thanks
oilfan1
matts , sorry this user RICKGay continue BASH our stock not only here also in Raging Bull , we invest our retired here and the people and handles BASH the stock.
people know your are un happy homo , found a BlACK GAY to make your life sense.
You know a lot of people Hate you CABRON!
A lot of people HATE RICKYpincky , what a KARMA for this HOMO!
How can I put on ignore here? I put in in RB.
I try to keep them for one year ! but I regret in didnt sell them at .014.
Friday I bought 1 million each. gzfx-rwnw . Good Volume each one.
Shell Shale Talk May Heat Up Texas
By Christopher Edmonds
RealMoney.com Contributor
8/29/2005 8:13 AM EDT
URL: http://www.thestreet.com/comment/chrisedmonds/10240008.html
This column was originally published on RealMoney on Aug. 26 at 1:00 p.m. EDT. It's being republished as a bonus for TheStreet.com readers.
Altough a number of companies are fighting for the title of King of the Barnett Shale, chatter suggests there may be a new Chief coming to the region.
One of the trendy North American natural gas plays, the Fort Worth Basin in North Texas (also known as the Barnett Shale), is sizzling with drilling activity as large independents like XTO Energy (XTO:NYSE) , Devon Energy (DVN:NYSE) , EOG Resources (EOG:NYSE) and Chesapeake Energy (CHK:NYSE) work with new horizontal drilling and fracturing techniques to find gas in tight rock formations.
Now, one of the majors appears to have an interest. At a recent gathering of industry executives in Houston, murmurs resurfaced that Royal Dutch Shell (RD:NYSE ADR) is looking for opportunities in the Barnett. Shell's reserve challenges and quest for additional natural gas assets makes the Barnett an intriguing candidate: an easy-to-understand play, relatively easy drilling and a good group of peers from which to learn the intricacies of the play.
The attractiveness of the Barnett lies in the prolific nature of the wells and their attractive economics. To date, there is about 1.2 billion cubic feet per day produced from more than 3,800 wells, or about 300 thousand cubic feet per day per well. Wells are drilled between 4,000 and 11,000 feet at a cost between $400,000 and $2.6 million per well. Both vertical and newer horizontal drilling is taking place in the region.
Chief Candidate
Although there are a number of ways Shell might enter the Barnett, one option would be through the purchase of a company focused on the Barnett Shale. One option would be privately held Chief Oil & Gas, a Dallas-based company with more than 200,000 acres in the Barnett Shale.
While sources close to Shell's decision-making process indicate that no decision has been made, there are projections that Chief could command a price of nearly $1.2 billion, or roughly $6,000 per acre. In addition to acreage, Chief has production north of 100 million cubic feet of natural gas per day and, according to its press releases, has six rigs under contract and more than 100 wells currently producing in the region.
Other players in the region, such as XTO and Chesapeake, have focused on growing their assets in the region in recent months. And smaller companies like Carrizo Oil & Gas (CRZO:Nasdaq) have been quickly growing their acreage bases through new leases. In addition, companies like Quicksilver (KWK:NYSE) and Infinity (IFNY:Nasdaq) have been active in both the core and outlying counties in the region.
While there are no guarantees that Shell will actually pull the trigger on a deal in the region, should the major choose the Barnett as a new exploration focus, through Chief or another player, it would quickly get investors' attention. And that would be likely to benefit all the players in the Barnett, especially smaller companies with acquisition potential.
In short, Shell's next move may make the Barnett Shale the new Chief on natural gas investors' radar.
--------------------------------------------------------------------------------
Please note that due to factors including low market capitalization and/or insufficient public float, we consider Infinity to be a small-cap stock. You should be aware that such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information, and that postings such as this one can have an effect on their stock prices.
--------------------------------------------------------------------------------
P.S. from TheStreet.com Editor-in-Chief, Dave Morrow:
It's always been my opinion that it pays to have more -- not fewer -- expert market views and analyses when you're making investing or trading decisions. That's why I recommend you take advantage of our free trial offer to TheStreet.com RealMoney premium Web site, where you'll get in-depth commentary and money-making strategies from over 50 Wall Street pros, including Jim Cramer. Take my advice -- try it now.
--------------------------------------------------------------------------------
Christopher S. Edmonds is vice president and director of research at Pritchard Capital Partners, a New Orleans energy investment firm. He is based in Atlanta. At time of publication, neither Edmonds nor his firm held positions in any securities mentioned in this column, although holdings can change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. While Edmonds cannot provide investment advice or recommendations, he appreciates your feedback; click here to send him an email.
Thanks GOD I didnt follow RICKYpinky and I Bought 1 million shares of AMEP at 0.018 .
My two ASSSSEEESSS gamezflix / Rwnw . we make money with this couple!
10 days to REVERSE , New company have a lot of value.
$62 million annual revenues WOWWWW X6 (production factor) this is a $372 million company
time to buy at cheap price before dead line...
The Prize of the ACRE in BARNETT SHALE is rising like foam.
SHELL, Pickens Barnett play
10.10.2005
By DAN PILLER
STAR-TELEGRAM STAFF WRITER
RIO VISTA - Thanks to Mike Patman, the multinational Shell Exploration and Production Co. and Boone Pickens are now in the Barnett Shale natural-gas play.
Patman hooked up with the two heavyweights by offering something increasingly rare these days in the Barnett Shale, 75,000 acres of leases rarin' to go for somebody with the capital to get the rigs in place.
Shell is the answer to a riddle that has vexed North Texas energy operators for most of this year: the identity of the mysterious multinational that was coming into the 6-year-old natural-gas play that extends around Fort Worth.
Shell signed an agreement last month to partner with Patman's Sundance Resources to drill in Parker and Erath counties.
Shell also bought 25,000 acres of leases in Parker County that it intends to exploit on its own. It thus becomes the first integrated multinational energy company to join a play that heretofore has been dominated by Texas- and Oklahoma-based independent producers.
"We view the Barnett Shale as a significant resource and see the potential in the expansion of the field," says Shell spokeswoman Kelly op de Weegh.
Pickens, who built Mesa Inc. into one of the nation's largest natural-gas producers from its base in the Panhandle and who now operates the BP Capital energy investment firm in Dallas, wasn't available to comment last week on his venture into the Barnett Shale. But a spokesman, Jay Rosser, confirmed the Pickens partnership with Sundance, saying "Mr. Pickens is pleased to have some skin in the Barnett Shale game."
So how did Patman, a genial Texas Aggie who for 25 years has drilled his way around East, West and South Texas and eastern New Mexico, get hooked up with big feet like Pickens and Shell?
"I had 75,000 acres of leases, and I went to an oil convention in Houston in February and set up a booth," Patman says. "Mr. Pickens came around, and we made a deal before the convention actually started."
Shell, too, was interested in Patman's fistful of ready-to-drill leases. With landsmen tramping all over the Barnett Shale, good leases are increasingly hard to come by.
Most of them have been taken up by a new generation of independent operators, including XTO Energy and Quicksilver Resources of Fort Worth.
Although Patman had the leases, Shell and Pickens (whose deals with Patman are not connected) had something Patman needs: heavy dough. Sundance needs the money to pay for the 12 drilling rigs it is building and will begin operating by early next year.
Independents traditionally haven't owned their own drilling rigs, preferring to avoid the heavy capital expense and simply lease the equipment when needed. That strategy has worked fine in the past but lately a serious shortage of equipment has hampered that approach. For the lucky souls who can get rigs, day rates are expected to reach $15,000 by the end of this year, triple the rate of five years ago.
The squeeze on equipment is causing an increasing number of Barnett Shale leases to mature after three years without a bit turning in the ground because operators couldn't get equipment. Patman, who with his own rigs won't be beholden to equipment-leasing companies, hopes to take advantage of that situation.
"We'll be able to deliver on a promise to drill, and a lot of others won't," he said.
At $7 million a pop, drilling rigs aren't cheap. Patman already has four: three working in Johnson County and one in Parker County. The remaining seven are under construction in Houston and are expected to be ready by early next year.
Because one rig can drill a new well every 25 to 30 days at the fastest, Patman would have the capacity to drill 130 to 160 wells next year -- if everything falls into place. The work force at Sundance's office in the old Cow Pasture Bank building on Texas 174 in Rio Vista, which now has slightly more than 100 employees, will expand next year by a dozen or so employees per rig.
Sundance Resources is a family operation that Patman and his brother, Pat, have operated since 1980.
Patman's interest in the Barnett Shale was piqued two years ago on the news that Johnson County was being tapped for gas. Patman and his brother had grown up in Johnson County, seven miles south of Rio Vista.
"For years everybody said drilling in Johnson County was a no-go because the geology was supposed to be too impossible," Patman said. "But that hasn't proved to be true."
After learning the essentials of Barnett Shale drilling as a nonoperating partner in four wells in Denton County, Sundance shifted the focus of its operations back to Rio Vista. Patman and his leasing agents, led by Vice President Andy Cunningham, beat the bushes for leases. In particular, they headed into Hill County for what is expected to be the next great opening for the Barnett Shale.
"At $13 [per thousand cubic feet of] gas, a lot of things are possible," Patman said
Shell Shale Talk May Heat Up Texas
By Christopher Edmonds
RealMoney.com Contributor
8/29/2005 8:13 AM EDT
URL: http://www.thestreet.com/comment/chrisedmonds/10240008.html
This column was originally published on RealMoney on Aug. 26 at 1:00 p.m. EDT. It's being republished as a bonus for TheStreet.com readers.
Altough a number of companies are fighting for the title of King of the Barnett Shale, chatter suggests there may be a new Chief coming to the region.
One of the trendy North American natural gas plays, the Fort Worth Basin in North Texas (also known as the Barnett Shale), is sizzling with drilling activity as large independents like XTO Energy (XTO:NYSE) , Devon Energy (DVN:NYSE) , EOG Resources (EOG:NYSE) and Chesapeake Energy (CHK:NYSE) work with new horizontal drilling and fracturing techniques to find gas in tight rock formations.
Now, one of the majors appears to have an interest. At a recent gathering of industry executives in Houston, murmurs resurfaced that Royal Dutch Shell (RD:NYSE ADR) is looking for opportunities in the Barnett. Shell's reserve challenges and quest for additional natural gas assets makes the Barnett an intriguing candidate: an easy-to-understand play, relatively easy drilling and a good group of peers from which to learn the intricacies of the play.
The attractiveness of the Barnett lies in the prolific nature of the wells and their attractive economics. To date, there is about 1.2 billion cubic feet per day produced from more than 3,800 wells, or about 300 thousand cubic feet per day per well. Wells are drilled between 4,000 and 11,000 feet at a cost between $400,000 and $2.6 million per well. Both vertical and newer horizontal drilling is taking place in the region.
Chief Candidate
Although there are a number of ways Shell might enter the Barnett, one option would be through the purchase of a company focused on the Barnett Shale. One option would be privately held Chief Oil & Gas, a Dallas-based company with more than 200,000 acres in the Barnett Shale.
While sources close to Shell's decision-making process indicate that no decision has been made, there are projections that Chief could command a price of nearly $1.2 billion, or roughly $6,000 per acre. In addition to acreage, Chief has production north of 100 million cubic feet of natural gas per day and, according to its press releases, has six rigs under contract and more than 100 wells currently producing in the region.
Other players in the region, such as XTO and Chesapeake, have focused on growing their assets in the region in recent months. And smaller companies like Carrizo Oil & Gas (CRZO:Nasdaq) have been quickly growing their acreage bases through new leases. In addition, companies like Quicksilver (KWK:NYSE) and Infinity (IFNY:Nasdaq) have been active in both the core and outlying counties in the region.
While there are no guarantees that Shell will actually pull the trigger on a deal in the region, should the major choose the Barnett as a new exploration focus, through Chief or another player, it would quickly get investors' attention. And that would be likely to benefit all the players in the Barnett, especially smaller companies with acquisition potential.
In short, Shell's next move may make the Barnett Shale the new Chief on natural gas investors' radar.
--------------------------------------------------------------------------------
Please note that due to factors including low market capitalization and/or insufficient public float, we consider Infinity to be a small-cap stock. You should be aware that such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information, and that postings such as this one can have an effect on their stock prices.
--------------------------------------------------------------------------------
P.S. from TheStreet.com Editor-in-Chief, Dave Morrow:
It's always been my opinion that it pays to have more -- not fewer -- expert market views and analyses when you're making investing or trading decisions. That's why I recommend you take advantage of our free trial offer to TheStreet.com RealMoney premium Web site, where you'll get in-depth commentary and money-making strategies from over 50 Wall Street pros, including Jim Cramer. Take my advice -- try it now.
--------------------------------------------------------------------------------
Christopher S. Edmonds is vice president and director of research at Pritchard Capital Partners, a New Orleans energy investment firm. He is based in Atlanta. At time of publication, neither Edmonds nor his firm held positions in any securities mentioned in this column, although holdings can change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. While Edmonds cannot provide investment advice or recommendations, he appreciates your feedback; click here to send him an email.
2 million in my bag , i like to buy 1 million more under 0.0030.
esay money here , Go RWNW to 1 cent.
No women IHUB doesnt accept BASHER LIKE YOU ....Cabron!
A lot of people loose money because they are following you !
Tu solo eres un Basher rosquete ! A lot of people loose money because they are following you !
rick FUCK YOU .... rosquete!
MINERAL WELLS, Texas--(BUSINESS WIRE)--Oct. 27, 2005--American Energy Production Inc. (OTCBB: AMEP - News) announced today 3rd quarter production revenues for it's two wholly owned investees, Production Resources Inc. and Bend Arch Petroleum Inc.
ADVERTISEMENT
American Energy Production Inc. investee, Production Resources Inc., sold approximately 2761 barrels of oil in the third quarter for total net oil revenue of $97,617.00.
Bend Arch Petroleum Inc. sold 2782 barrels of oil and 26,431 MCF of natural gas for approximate total gross revenue of $436,281. Total approximate gross revenues for Bend Arch Petroleum Inc. and Production Resources Inc. totaled $533,898.
Charles Bitters, President of American Energy Production Inc. stated, "Oil and Gas revenues in the 3rd quarter increased approximately 20% from the 2nd quarter even though Bend Arch Petroleum Inc has not been able to fracture stimulate several oil and gas wells due to a lack of water caused by the severe drought in the north Texas area. In fracture stimulating a well the amount of slick water required is over 5,000 barrels per well."
Mr. Bitters also stated, "After a few delays with mechanics and part order delays, we are pleased to announce that all drilling rig and mud pump engines started and ran without any major problems or repairs. The derrick should be raised in the next few days and then the drilling rig will be moved to a location on a Bend Arch Petroleum lease to drill a 3100 foot natural gas well and test out the rig."
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" and are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the result, performance, or expectations expressed or implied by such forward-looking statements.
--------------------------------------------------------------------------------
Contact:
American Energy Production Inc.
Charles Bitters, 210-410-8158
www.americanenergyproduction.com
or
Oil America Group Inc.
Joe Christopher, 972-386-0601
www.jchristopher@oilamericagroup.com
--------------------------------------------------------------------------------
Source: American Energy Production Inc.
American Energy Production Inc. Announces 20% Increase in 3rd Quarter Production Revenues for Two Investees
Thursday October 27, 7:00 am ET
MINERAL WELLS, Texas--(BUSINESS WIRE)--Oct. 27, 2005--American Energy Production Inc. (OTCBB: AMEP - News) announced today 3rd quarter production revenues for it's two wholly owned investees, Production Resources Inc. and Bend Arch Petroleum Inc.
ADVERTISEMENT
American Energy Production Inc. investee, Production Resources Inc., sold approximately 2761 barrels of oil in the third quarter for total net oil revenue of $97,617.00.
Bend Arch Petroleum Inc. sold 2782 barrels of oil and 26,431 MCF of natural gas for approximate total gross revenue of $436,281. Total approximate gross revenues for Bend Arch Petroleum Inc. and Production Resources Inc. totaled $533,898.
Charles Bitters, President of American Energy Production Inc. stated, "Oil and Gas revenues in the 3rd quarter increased approximately 20% from the 2nd quarter even though Bend Arch Petroleum Inc has not been able to fracture stimulate several oil and gas wells due to a lack of water caused by the severe drought in the north Texas area. In fracture stimulating a well the amount of slick water required is over 5,000 barrels per well."
Mr. Bitters also stated, "After a few delays with mechanics and part order delays, we are pleased to announce that all drilling rig and mud pump engines started and ran without any major problems or repairs. The derrick should be raised in the next few days and then the drilling rig will be moved to a location on a Bend Arch Petroleum lease to drill a 3100 foot natural gas well and test out the rig."
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" and are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the result, performance, or expectations expressed or implied by such forward-looking statements.
--------------------------------------------------------------------------------
Contact:
American Energy Production Inc.
Charles Bitters, 210-410-8158
www.americanenergyproduction.com
or
Oil America Group Inc.
Joe Christopher, 972-386-0601
www.jchristopher@oilamericagroup.com
--------------------------------------------------------------------------------
Source: American Energy Production Inc.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
BULLSIH PATTERN ! Go RWNW to 0.01 cents!
http://stockcharts.com/def/servlet/SC.web?c=amep BULLISH PATTERN! Go AMEP ........
Go AMEP , Good LUCK LONGS!
Go AMEP!
Easy 0.10 cents soon. !
Notice tomorrow , AMRE very undervalue , easy 0.05 cents!
o.28 ......easy tomorrow 0.0038
RWNW Shareholders Saudis start buying !
By: stervc
26 Oct 2005, 10:58 AM EDT
Msg. 272783 of 272931
(This msg. is a reply to 272662 by majordan44.)
Jump to msg. #
Majordan44, Here’s That RWNW Dialogue…
The day before yesterday I tried to call to speak again with the CEO of RWNW. Unfortunately, I was not successful this time. Fortunately, I made a few more phone calls from furthering DD-ing some other phone numbers and had a very interesting conversation with one of the affiliated attorneys.
He was very very conservative in all of his responses he shared with me. Here are some key notes I gathered from our discussion.
* The company must file its 10Q before 14 Nov 05 to meet the filing deadline and to keep the SEC off of their backs for not meeting their reporting timelines and for completion of some kind of due diligence time frame. I did not ask for more details so I do not know more of those details.
* The numbers for revenues and profits are correct from what Recab is giving them to file in their upcoming audited financials. The numbers appear to be too good to be true to them too.
* The profits are still being discussed and further verified. He gave me a number higher than the $25 Million number for profit than what was in the PR that is supposed to be filed. He did tell me again that those numbers seem rather too good to be true. He told me that they have done mergers in the past that actually had generated the amazing numbers they were told and that they have done some mergers that when all was said and done, they did not have the amazing numbers that were initially given to them.
* There is a team of accountants and attorneys that are currently verifying the conversion of the Saudi Arabia Riyal into the American Dollar of financial information to be put in the 10Q, 8K, and/or etc. Once done, it will be immediately filed with the SEC.
* The attorney I spoke with on the legal team would rather like to see an 8K filed first to reflect the revenues and profits and then file the 10Q.
* Other attorneys and accountants want to file everything from all of the merging companies in one 10Q. Either way, all of it would be done before 14 Nov 05. So I guess it could still go either way until the audited financials come out before 14 Nov 05 for final confirmation.
* The 14c will be filed after the 10Q giving us the new name and the reverse split ratio.
* The attorney I spoke with first said that he believed that the reverse merger/split ratio was going to be about 1 to 200, but he was not sure just yet as they had not officially sat down to come up with the ratio.
* I asked if the ratio was going to be 1 to 10. He said that he felt that the ratio for some reason was going to be higher than 1 to 10, but that shareholders today still should do very well if they numbers that they are verifying turns out to be true from the merger. He said that he can’t say the same for those shareholders that had bought into RWNW many months ago back when it was at much much higher prices.
* He did inform me that the team has not sat down to officially derive what the exact ratio for the reverse split would be, but that they will soon. However, after I explained to him logically as to how I derived the ratio to be 1 to 10, he did tell me that my math was correct from how he now sees it. Heck, hopefully he explains it to his team the way I explained it to him.
Majordan44, please understand. By all means I am not saying that RWNW is legit or not because please, I do not know as it appears that the ones that are making this happen legally are still completing their due diligence along the way while they are generating the filings to come out. If you need phone numbers to the CEO in Saudi Arabia and to the attorney that I had spoken to here in the US, email me. I will give it to you after I talk with them again to see if it is ok for me to do so. Heck, then you can call and see what they tell you.
I expect a regular increase in price daily as we near 14 Nov 05. Maybe even a huge increase and price stabilization if someone internal knows for the profits reporting to be true. Or maybe they have already bought in from judging from some of the previous volume considering they wouldn’t want to raise any red flags during this current due diligence period that they are going through with the SEC. The volume must not look like any kind of insider manipulation has been transpiring. Maybe that’s really why the S-8 was issued to mask such. To help to keep the price suppressed from any kind of major spikes. That’s another theory though that I don’t have all of my thoughts organized for explaining.
To answer a question from someone who called me, keep in mind too that in one of their previous PRs they stated $25 Million in “profits” which is the same as Income. Know too that “Revenue – Expenses = Income” so when they stated the $25 Million as “profits” and not “revenues” I would have to assume that they know the difference because of the lawyers and accountants they have involved and because of how in some of their other PRs they stated “revenues” when they deemed appropriate.
Majordan44, again, please I recommend that everyone do their own DD and to not rely solely upon everything that I am posting because I have no idea what is fact or fiction. I say this because I have been through this many times and when things turn out to be good, everyone is happy. When things turn out to be bad, then all of a sudden I was part of the bad guys. As with any stock that I post on, I am simply a shareholder just like you who is sharing and looking for DD.
I personally do believe that RWNW is real and the merger will be something awesome for us little guys, but it’s up to the company to prove me to be correct.
All is well!
http://www.sterlingsclass.com/
Sterling