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.
Do you think elderberry wine will work?
Up 150% today. Something happening?
Up 200% today. Something is going on.
Up 122% today. Anything going on?
Nice to see the buy signal. Has anybody been by their office in Houston? I'm new to this board and would be willing to go by if no one has.
Good stuff griz. We need people that think and not react.
Now what?
I think your right panning. News expected. Good time to buy.
Panning, anything going on here? Been away for a while and noticed the movement.
$3.3 mil for 21,000,000 shares. Now what?
Good morning Panning.
At least the scam word is gone from the intro, so is everyone else. Sure is quiet.
Panning I appreciate the effort. It sure makes me feel better. I talked to Brian last summer and he was in Canada on business but I din't know he lived there. Great job!
I'll do that with your birthday money.
What happens in a reverse merger and how would it effect the stock?
Panning my average is 0.0251 so I have a ways to go to break even.
Panning,where would you set your sell?
I sure his concern is that he is going to have to give up something. Like Working Interest.
6kitz, you never know, anything is possible. Tom told me today that the money situation was ok.
I will be contacting EDEX today regarding a group in Dallas that is interested in funding the development drilling and the pipeline at Mesa. Probably others are doing the same thing.
Jag I am not sure but I don't think you can flare gas any more. They have portable testing units that analize the down hole pressure as they change size of the hole the gas flows from.
There are oil and gas investors watching this well. If they hit, the money will be there. These type of investors don't want in on the wildcats but development drilling is a different animal. It then depends on how much control and WI does EDEX want to retain. If they want it mostly for themselves then yes they would sell stock or borrow against it.
I just hope we have something to market, gas, crude and condensate. Bring it on. Back to the ball game.
Sounds like a possible completion job gone bad. Usually they put a separator on the well and the gas goes into the line and the consendate goes into a tank. Because of the high BTUs it does evaporate and that is a problem. If there is a low gravity crude in the area, the condensate can be blended to bring the gravity up to a more marketable product. Processors will pay a nice premium in that situation.
I've sold crude and condensate for years and usually get a nice bonus for condensate. It does cost a little extra to extract the liguids from the gas but with liquids being priced what they are now it could be a nice situation. Am I missing something here?
What about the condensate that usually comes with the gas? Because of it high BTU content it could bring in some nice bucks.
Pattern is there isn't it.
Where is everyone? 21% drop prior to a PR.
Good morning--this should be the week we've been waiting for.
Is everyone out watching the well come in? To quiet.
Kingman your right on. You don't set pipe unless you know your going to have a producer. This is a great indication of things to come.
I'll pass this on to TEXC and also a couple of other potential investors I am talking to about similar projects. Good info, thank you.
I know they were looking at some expermential palm type plants that would be grown locally on a farm in the Houston area.
I talked to them early this week and they have some pending announcements that should shore up this stock. As far as feed stocks the problem is, yes price, but availability is the biggest issue. Everyone is looking for alternatives to corn which has the highest sugar and starch content vs some fast growing palms which have a lesser usable content. Corn prices have thus gone crazy. I got into TEXC because of the Seabrook plant and I am disappointed that they sold out. I am not sure where Bio diesel and ethanol are going without govt. intervention to force blenders to us it. Ethanol requires almost 40% more energy to produce than you get out of it;were having to import oil to make the stuff. It also takes 1700 gallons of water, mostly for irrigation, to produce 1 gallon of ethanol from corn. Fuel efficiency is also down and we are now finding a build up in engine deposits. As far as Texcom goes the disposal wells may be a much better profit center than the Seabrook plant. At least they are making money NOW. Time will tell. IMO
Langenkamp's Handbook of Oil Industry Terms and Phrases says;
LOSS OF CIRCULATION--"A condition exists when drilling mud pumped into a well through a drill pipe does not return to the surface. This serious condition results from mud being lost in porous formations, a crevice or a canyon penetratd by the drill".
POROSITY-- summerized--Good porosity indicates an ability to hold large amounts of oil producing rock. And, the quality of a rock that allows liquid to flow through it readily should be a good producer.
PUT ON YOUR SEAT BELTS THIS COULD BE A RIDE.
Was the lost circulation issue discussed in the past?
You got that right.
The sale of the plant is a big disappointment but their reasoning (uncertainty of raw materials)is well founded. I still have faith in this mgt.team and with their good current cash flow from their disposal wells makes this an interesting stock play.
I've been in the oil & gas game for forty years and this is just a hunch. EDEX is due.
Thanks GEO, I got a feeling that the logs are going to look great and Mesa will be an outstanding success. IMO