Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nice morning for you. I'm really not sure of the float but I am trying to find out. Will try again today and I'll let you know what I hear back.
Cheers!
Kim
No Idea..MM games perhaps. Wish I'd seen it earlier I would've loaded up at those prices.
I'm working on an exact number.
Will post any info I can get on that.
Cheers,
Kim
I'm sure there are others who will have more info than me. I do remember some really good info posted by others on the board and I did find some good dd back around post +/- #112. I'm sure others will also have some DD they can add..
Hope this helps..
Cheers,
Kim
Hi Shaw,
Bruce Thompson~ CEO of Premium Petroleum is the same Bruce Thompson that is on the Oliver Creek Resources. It is a start up of a Gold exploration company with his daughter. He hasn't had much time for it as his first priority at this time is his responsabities to Premium. A future project I guess. I do have a bit of a Bio for him though:
From an Edgar filing from his other company Oliver Creek Resources..
BRUCE THOMSON has been the President, CEO, Treasurer, CFO, and Director of the
Company since inception. From August 2004 to the present he has been President,
CEO and a Director of Premium Petroleum Inc., a publicly-traded Wyoming
corporation trading on the Pink Sheets that is in business of oil and gas
exploration and development. From May 2004 to the present he has been Chairman of Hallmark Financial Solutions Inc. of Vancouver, BC, a privately-held British
Columbia corporation, providing consulting and investment services. From 2000 to
2004 he was a self-employed business consultant involved in venture capital
finance operating out of Vancouver, BC.
Mr. Thomson graduated in 1970 from the University of British Columbia located in
Vancouver, BC, obtaining the degree of Bachelor of Applied Science in Electrical
Engineering (B.A.Sc.). Through option courses he also completed 50% of the
required credits toward an MBA degree while studying engineering. In 1991 he
passed the Canadian Securities Course from the Canadian Securities Institute and
obtained a securities license allowing him to practice as an investment advisor
to do venture capital financing and retail brokerage in Canada, which he did
until April 2000.
During the period of 1982 to 1987 Mr. Thomson was a founding shareholder and
director of Hycroft Resources and Development Corporation, a successful gold
mining company which traded on the Toronto Stock Exchange. After raising over
$50,000,000 in funding, the company's Cowfoot Project near Winnemucca, Nevada
was put into production and yielded over 100,000 ounces of gold per year for 12
years.
Mr. Thomson has over 30 years of entrepreneurial business experience in private
and public companies, with expertise in management, marketing, and finance.
Someone was asking me about shares in the public float...
From an old post 3/6/2006 from MY69Z Post # 34
When I asked Mr.Thomson about the Float...he said it was 25M.I asked him if he said
25M. He said yes......the company is very tightly held.
I'll try to find out what the float stands at now :0)
Cheers,
Kim
Premium Petroleum Corp. Announces Additional Seismic Acquired Adjacent to Its Boyne Lake Flowing Oil Sands Prospect, for a Total of 7 Lines / 31kms
Monday April 23, 9:45 am ET
CALGARY, ALBERTA--(MARKET WIRE)--Apr 23, 2007 -- Premium Petroleum Corp. (Other OTC:PPTL.PK - News) is pleased to announce that the Company has acquired an additional 4 lines of seismic data totaling 23kms (14 miles) in length, on lands adjacent to the discovery well on its Boyne Lake Flowing Oil Sands Prospect. The Company now has acquired 7 lines of seismic totaling approximately 31kms (19 miles) in length.
ADVERTISEMENT
Seismic utilizes sonic imaging technology. The objective of the seismic acquisition program is to create a picture of the geologic structure which emerges from the processing and interpretation of the seismic data. It becomes particularly meaningful when the seismic picture collaborates the geologic mapping. This collaborating evidence provides a powerful tool in determining anomalies and optimum drill location(s) within those anomalies. Therefore, seismic becomes an important guide or tool in the acquisition of additional lands.
"Upper Grand Rapids" zone: Management was anticipating that the primary target "Upper Grand Rapids" zone would contain natural gas reserves, similar to nearby wells. This zone was perforated, and gas was absent so a temporary cap was placed on the well. After 5 or 6 days the well was checked again, and much to the delight of management, an approximate 250 meters (800 foot) head of oil was present in the well bore - evidence that we had encountered Oil Sands, but even more significant, Flowing Oil Sands In accordance with Alberta Energy's designation, our project is categorized OIL SANDS; located in the Cold Lake Oil Sands district.
The significance of Flowing Oil Sands is that expensive mining and recovery methods are unnecessary, as conventional pumping methods can be used for recovery of the oil.
As no one else in the area is producing oil from this Upper Grand Rapids zone, we have made a New Pool Discovery.
Management continues analysis for the optimal drilling program to exploit the pool. It is anticipated that horizontal drilling technology will be utilized, and according to our in-house engineering calculations, could result in production rates ranging from 100 to 120 bopd (barrels of oil per day per well).
According to the Petroleum Economist: "Although tar sands occur in more than 70 countries, the bulk is found in Canada in four regions: Athabasca, Wabasca, Cold Lake, and Peace River; together covering an area of some 77,000 km2. In fact, the reserve considered to be technically recoverable is estimated at 280-300 Gb (billions of barrels), larger than the Saudi Arabia oil reserves (optimistically) estimated at 240 Gb. The total reserves for Alberta, including oil not recoverable using current technology, are estimated at 1,700-2,500 Gb."
Boyne Lake Flowing Oil Sands Prospect: is located approximately 100 km (62 miles) north east of Edmonton in the Province of Alberta, Canada. Northern Alberta has been the subject of significant interest over the past years where major tar sand oil and Bitumen have been discovered, and is currently being refined or in the process of development by oil companies such as Suncor, Syncrude and Synenco.
Bruce A. Thomson, B.A.Sc.; President & CEO states: "we are excited to report that as a junior oil and gas company we have discovered a New Pool of Flowing Oil Sands. Seismic technology coupled with good geology helped us find the New Pool, and I am convinced that additional seismic technology coupled with additional good geology will help us expand the New Pool".
http://biz.yahoo.com/iw/070423/0242442.html
LOL.... :0)
And this is from an old ILGY PR..
ORLANDO, FL--(MARKET WIRE)--Dec 5, 2006 -- International Energy, Ltd. (Other OTC:ILGY.PK - News) has signed Letters of Intent to acquire 50% interest in oil fields located in the Atyrauskeye and Mangystauskeye regions of Kazakhstan with proven oil reserves of 140 Million barrels.
The joint venture partner in this project will be the Kazakhstan government. The purchase price of US$12 million will be applied to upgrading equipment to increase daily production at these fields.
An email received by a shareholder on the ILGY board from ILGY..
"Khodja is a representative of one of the Kazak oil interests which should tell you something!"
http://www.investorshub.com/boards/read_msg.asp?message_id=18987892
Still haven't received an answer back myself though..
Wish I knew... almost like the market missed the news...
Anyone notice the pr from ILGY? note Alex KODJA????...
http://biz.yahoo.com/iw/070418/0240126.html
Alex Khodja will become the Corporate Secretary and Director of the Company. He is charged with the oversight of the Company's oil and gas projects in Central Asia.
Thanks Silver..That confirms what I heard also..:0)
On pink sheets it says 894 mill. I don't know how accurate that is though..I think the company still holds most of that. I was told once that it was very tightly held so I don't know what % might be in the public float..
I think this is only the begining ...up and out of pinks from here... Bruce knows how to take it big. He ran his Gold Company to $25 lets see what he can do here..lmao...Hold on with both hands..:0)
Cheers,
Kim
I managed 100k this morning but no more since...Tightening up?
Well Greg... You asked for news...lol...
Cheers,
Kim
Wow ! Well folks we hit oil in a big way !!! FLOWING BLACK GOLD !!!!
Now I understand the need for such a long silence...Thank You Bruce Thompson and the team from Premium Petroleum !!!!
Cheers all..It's a great day.
Kim
OMG !!! HUGE !!
Good read Greg.. Thanks for posting it.
.. I sometimes forget that all those new leases Premium has are Oil Sands leases...
Thanks again,
Cheers,
Kim
Waiting and watching.. Only thing I want is the update...All I know from Bruce is that he expects I will be very pleased with upcoming news..Trouble is he only told me "very soon" and that they had much to announce. Wish I had more to add..but 144% was REALLY nice to see..makes me wonder what this will do on news!
Cheers and GL
Kim
I have to agree with Greg on this one Hold on tight to those shares - they're trying to shake the weak hands..Bruce told me a long time ago when I asked him about the shares outstanding "The companies shares are VERY tightly held"
I don't think the company has released too many into the public float..the way the MM's are playing with this right now seems to confirm Bruce's statement..
GLTA..I think it's getting close...
cheers
Kim
I have buy orders in at many different prices but can't get filled..they go right past me and below my orders..hmmm..
The last email from Bruce when I asked him about Boyne Lake and the reason for no PR as of yet..and am I waiting on good or bad news ...
Kim:
There will be news out shortly – it’s all good.
Thanx for your patience and obvious understanding of the situation.
Bruce
I will try again today if I can get time..with a BIG "Pleeease" lol..
Cheers..
Lol..I'd like to know what the hold up is too.. Still waiting...
I just got in and took a look at today's trading..Damn near fell off my chair! It is very curious indeed...anyone here manage to pick up any of those cheepies?
Hope it helps..
GL
Actually, Quest had to forfeit the project because they couldn't come up with the funds to fulfill the obligation to drill. It then reverted back to Premium. Premium drilled Last year and put it on "Tight Hole Status" ( March 10, 2006 Press release)good for 1 year~ which came to it's one year term last Saturday March 10. We know they've been buying Crown Land leases in Alberta over the past year so this could be exiting. As far as Micron and Habanero~ Jason Giggliotti runs them and he runs his companies on fluff PR's last I spoke to him he was P'd because they( Premium) went on Tight Hole Status and he couldn't get any news from them. He let some prelim figures out when they were supposed to be on Tight Hole and I'm wondering if that might have gotten him into trouble with Premium. When I asked Bruce Tompson about the numbers he said that they were in no way accurate and that when testing of the well(s) was complete they would release the correct figures. Boyne Lake is in the middle of some really big players.
Cheers,
Kim
I guess we're about ready to run.... :0}
Thank SH. So Bruce did say he was aware that our 12 months is up tomorrow? We might get our PR Mon. Did he say anything about getting a PR out?
Thanx in Advance,
Kim
I didn't realize those leases were Oil Sands Leases...So we have conventional Oil and Gas AND Oil Sands.. I like the potential here..
I can't seem to get filled on any orders of pptl today....
Anyone else having any luck?
WOW !!! 20 leases in Alberta in 2 months!! Hmmmmm...What are they up to....I was looking forward to the Drill results of Boyne Lake. I knew Premium had purchased lands but I had forgotten how many..Getting exited now :0}
Good 1
:0) Actually " Please" didn't really work for me either. I'm not sure why Bruce was silent for so long. I'm just glad he's back and ready to at least give me an email response.
BTW~ You're mother deserves an award! Can't imagine 5 boys! I never meant to imply that you were anything but a gentleman...sorry if it came accross any other way...
Cheers Greg!!
Good info
THX SH
LOL...I said please !!!lol..
Here's the tight hole PR I'm talking about...
Press Release Source: Premium Petroleum, Inc.
Premium Petroleum, Inc. Announces Drilling Success on Boyne Lake Gas Prospect-Tight Hole Status
Friday March 10, 3:25 pm ET
CALGARY, Alberta--(BUSINESS WIRE)--March 10, 2006-- Premium Petroleum, Inc. (PINK SHEETS:PPTL - News) is pleased to announce that the Boyne Lake Gas Prospect drilling has progressed to TD (total depth) of 561 meters (1,841 feet). Management is encouraged with the findings and hence the well has been cased with production casing.
Schlumberger has concluded running a suite of multiple logs as prescribed by our geologist. Our technical team will analyze the logs within the next 10 to 20 days and a completion and testing program will be designed. Completion and testing will occur over the next 60 to 90 days.
The well is on "tight hole" (confidential) status for up to 12 months.
Bruce A. Thomson, B.A.Sc.; President & CEO states "We are excited about this asset becoming a potential cornerstone to our company's growth".
Lol...Good to see you too!
I just about fell outta my chair when I saw Bruce had sent a reply. Didn't really expect one, I just wanted him to know that investors are aware that the 1 year term is up on the " Tight Hole Status" He's not a man of many words but I was very happy to see he at least is ready to respond to emails again. I know they have aquired quite a few properties and I REALLY want to know how big Boyne Lake is gonna be. I think we're finally only days away! $$$$$
Bruce Thompson emailed me back yesterday...
His email stated...
"The company has moved forward significantly, and will be making a news release very soon."
PPTL announced " Tight Hole Status" on March 10th 2006 good for up to 12 months...HOWEVER...Micron who only own 5% slipped the news of tight hole status a little earlier.. MARCH 7th 2006 That makes it 1 year today !!!! Any day now people $$$$
Good luck to us all!
Cheers,
Kim
Glad to hear that Sir Bushy... Wouldn't be the same without ya...;)
You too Plasma, it's nice to see everyone still around :0)
Those shares weren't mine either. I plan on seeing this through also. I can wait...
Here's an older email I found on another board that was sent Back in March 2006. I found it interesting thought some here might also...
Fri, 03-10-2006, 07:17 AM angelhillcorp
Stock Guru
Join Date: Feb 2006
Posts: 275
ALERT .. CEO Email Response
--------------------------------------------------------------------------------
I just got this email from George with some important questions I just asked him .......
CEO George was super quick and precise with his response ..
Very nice .... He must like his shareholders ....
Its really interesting .........
The questions have **
----- Original Message -----
From: "George Anderson" <kswinfo@hotmail.com>
To: <angelhill@wirefire.com>
Sent: Tuesday, March 07, 2006 9:59 PM
Subject: RE: KSWJ .........
**Authorized Shares A/S ..... ? 2 billion
**Outstanding Shares O/S .... ? 325 million
**Restricted Shares R/S ....... ? 175 million
**What are the company Assets & Liabilities ?...
assets are some cash and technological properties
**Is there a need for funding going forward and are you currently offering a
private placement to acquire funding ?
yes there is a need for funding and no we are not offering a private placement
**When can I expect EM-100 to be in full process for revenue and
profitability ?
within the year
**Currently is the EM-100 process in use and acquiring revenue ?
not yet
Thank you,
Michael
**********************************************