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Ya know what is funny my pastor recommended this one to me .
good call on his part lol.
I thank him for the information.
also gave you a people mark.
here is a web link .
http://skyepetroleum.com/
This is gonna be Huge. This is a monster in the making.
Wells treated
Paraffin Test Results - Tudor Oil & Gas
Base production rate prior to treatment = 15 bbls for four wells comingled.
Well location: Denver Colorado
Well(s) treated = 4 wells comingled, Newlander 6, Highland B, Bulis 12, Broken Arrow 18.
Formation Tested: Sussex
Paraffin Content: Heavy
Bottom Hole Temp: 136f
Treatment Protocol:
Circulate carrying agent (slip stream application with chemical injector)with 2% SP100 for 48 hours.
Hold _ shut well(s) in for 5 hours.
Bring well(s) back on line with continuous injection (slip stream through annulus) of SP610.
SP 610 Injection volume = 5 litres per day for all four wells.
Production results after treatment = 24 hours post treatment 65bbls, 36 hours post treatment 91 bbls. Increased daily production hold post treatment 91bbls.
Notes: Chemical circulation time extended over normal 24 hours as a result of heavy paraffin build up on polished rods. Extended circulation to 48 hours to ensure complete paraffin suspension w/no fallout to pump. After initial circulation well shut in for 5 hours to allow SP 100 to settle and clear the perfs.
LOL
I know but my cash was tied up in SYNM now I have sold some and taken a position in here I like what I see. Many good things on the horizon. trading was good yesterday .Good buy to sell ratio.
Looks like they are moving .
Just something to keep in mind Grasshopper . The next fin
This is at a mixed quarter of production .
Karen Gallagher
Thank you, Ron. I would like to update you on the earnings results of our year ended December 31, 2010. For the year just ended, December 31, 2010, the company reported an operating loss of 2.3 million resulting from total revenues of 8.4 million and operating expenses of 10.7 million.
The total net loss for the year was 9.5 million. We used 1.1 million in cash from operating activities during 2010. The company had a cash balance of 12.5 million at December 31, 2010 compared to 25 million at year-end 2009. The majority of the change in cash results from investments in Dynamic Fuels.
As of December 31, 2010, we had invested 40,500,000 into Dynamic Fuels. In December, we contributed 5 million to Dynamic Fuels in the form of a working capital loan. The partners may need to contribute additional working capital loans to the plant in the future.
In summary, we are looking forward to 2011. This is the year the company expects to make the transition from research and development to an operating company with recurring revenues from the Geismar facility.
We are encouraged with the prospects of commercializing our Fischer-Tropsch technology in today’s oil and gas pricing environment.
Actually my reply was to Blue about a stock he was telling me about.
Just a question what is off topic on this board ??
Cuz I was told any and all was welcome ??
cuz you might want to remove my other one.
54536 or any of the other ones I have posted .
Oh yea Baby you bet .
Yes I agree the designer fuels .
????? Very high cost items .
Hey Bud I
would love to see a sea of green here.
The way they played the trades in the morning going up on the ask then they traded most at the bid or below to drop the price if you had Quotetracker you would know what I mean a guy by the name of Jerry Medved created the program and TDAmeritrade bought it so now if you are a TD client you get the program for free. It has over 120 tech indicators in it very handy .
www.quotetracker.com
I find it soooo funny how they are trading this stock .
Notice the connection to Warren Buffet
or should I say Berkshire Hathaway
Things are looking good.
http://www.dieselnet.com/news/1999/08lubrizol.php
http://newscenter.lubrizol.com/phoenix.zhtml?c=91008&p=irol-newsArticle&ID=1538754
http://www.lubrizol.com/
Still you come up with good stuff from time to time.
So I will leave it there for now.
Hey kaos11
Want to help with the mod job since you have done some good DD in the past??
I am going to add you as an asst. if you don't want the job just let me know K .
K I will check it out.
Hey Gang welcome Quin to the board.
Notice the connection. W. B.
Things are looking good.
http://www.dieselnet.com/news/1999/08lubrizol.php
http://www.lubrizol.com/
Dang
Grandpa don't hear from you in a long time and then Bang.
LOL
np bud just wanted to drop a line in on ya to see if you were still alive .
How you been ?? and how is the little one doing ??
You will find this interesting.
http://www.dieselnet.com/news/1999/08lubrizol.php
2010 vs. 2009
Cash flows used in operations was $1,112,000 during the year ended December 31, 2010 compared to cash flows provided by operations of $12,646,000 during the year ended December 31, 2009. The increase in cash flows provided by operations in 2009 primarily results from the collection of revenues from technology transfer agreements of $19,000,000 and engineering technical services.
Cash flows used in investing activities were $21,264,000 during the year ended December 31, 2010 compared to $6,218,000 during the year ended December 31, 2009. We invested $16,250,000 in and loaned $5,000,000 to Dynamic Fuels in 2010. We have no further commitments to fund Dynamic Fuels, but additional commitments could arise based on the cash flow needs of the entity. The cash used in investing activities in 2009 included a $6,000,000 investment into Dynamic Fuels.
Cash flows provided by financing activities during the year ended December 31, 2010 was $9,877,000 compared to $8,483,000 in 2009. The cash flows provided by financing activities are primarily due to net proceeds received from our Stock Purchase Agreement with Fletcher and Energy Opportunity Ltd (“Energy”). Fletcher purchased a total of 4,541,497 shares of our common stock at a stock price of approximately $2.64 in 2009 and 2010. Energy purchased a total of 3,948,374 shares of our common stock at a stock price of approximately $1.77 in 2010.
2009 vs. 2008
Cash flows provided by operations was $12,646,000 during the year ended December 31, 2009 compared to cash flows used in operations of $2,772,000 during the year ended December 31, 2008. The increase in cash flows provided by operations primarily results from the collection of revenues from technology transfer agreements of $19,000,000 and engineering technical services.
Cash flows used in investing activities were $6,218,000 during the year ended December 31, 2009 compared to $5,532,000 during the year ended December 31, 2008. We invested $6,000,000 in Dynamic Fuels in April of 2009. The cash used in investing activities in 2008 included a $14,000,000 investment into Dynamic Fuels. This investment was offset by the sale of assets associated with our discontinued operations such as, receipt of payments from AAERL of $7,266,000 and the proceeds from the sale of the Technology Center of $1,100,000.
Cash flows provided by financing activities during the year ended December 31, 2009 was $8,483,000 compared to $0 in 2008. The increase in cash flows provided by financing activities is primarily due to net proceeds received from our Stock Purchase Agreement with Fletcher. Fletcher purchased 3,406,123 shares of our common stock at a stock price of approximately $2.64 in the fourth quarter of 2009.
Contractual Obligations
The following table sets forth our contractual obligations as of December 31, 2010:
Payments Due by Period
(In thousands)
Less than 1 After 5
Contractual Obligations Total year 1-3 years 4-5 years years
Operating Lease Obligations
$ 478 $ 181 $ 232 $ 18 $ 47
Asset Retirement Obligations
603 — 603 — —
Total
$ 1,081 $ 181 $ 835 $ 18 $ 47
Our operating leases include leases for corporate headquarters, demonstration plants and software.
We have entered into employment agreements, which provide severance cash benefits to several key employees. Commitments under these agreements totaled approximately $2,139,000 at December 31, 2010. Expense is not recognized until an employee is severed.
Interesting information.
And boy is that a lot of cash.
http://www.sec.gov/Archives/edgar/data/1364742/000134100411000685/ex10-1.htm
Got one on ya as well.
Got one on ya as well.
It was the report that showed the astm values and the cloud freeze point information.
Sorry about the confusion Bro
I did not know things were getting screwy.
My apologize for the confusion.
and as for the SP I don't know it is up to the numbers .
David
also
if you need to get a hold of me pm me your e-mail addy
and then I will get you mine
Hey Blue Want a job ??
SYNM if so let me know .
Hey Manic
did you remove some articles out of the synm board ??
If so then I think we have a conflict of interest.
More food for thought.
http://finance.yahoo.com/news/Rising-Oil-Boosts-The-indie-3754210339.html?x=0&.v=1
And for those of you that still need the CC info .
http://finance.yahoo.com/news/Syntroleum-Fiscal-Year-2010-pz-3814078493.html?x=0&.v=1
here is some more news. and it gives some good hints. Nice as for the cost of production. Now we have something to go on as a guesstimate for the sp . $1.00 to $2.00 cost per gallon on the production side.
even though the article is old it is relevant to the sp. as oil is around $100 per barrel.
http://www.forbes.com/2010/11/17/ethanol-energy-challenges-technology-biofuels.html?partner=yahootix
here is something about alt fuels. I wonder why they keep shoving Rentech down out throat they have no plant. I guess that is what a promoter is for . LOL They know how to advertise.
http://www.fool.com/investing/high-growth/2011/03/07/4-companies-with-tomorrows-fuel.aspx
Looks like they are building a base here.
I saw a lot of 300
share trades that usually means take the price down to get shares.
I guess they stalled it today .
Well to put it lightly
The MMs want cheap shares .
How else can you explain more on the bid than on the ask then it drops. LOL if I remember correctly when you have more on the bid than on the ask it goes up . And you end up chasing it. get them while they are cheap . Or JMHO if you know what I mean
On my L2 I have seen as many as 47 k on the bid and 200 on the ask then it drops??
Until we get good solid numbers it is a crap shoot. And we will be at the mercy of the MMs
By DAVID WINNING
Beijing appears to be stalling a $5 billion-plus deal with a South African petrochemicals company that would tap China's vast coal reserves to make synthetic fuels, while at the same time securing ways to acquire such technology domestically.
Johannesburg-based Sasol Ltd., which has several coal-to-liquid plants operating in South Africa and is the world leader in the technology, struck a deal in 2006 to study an 80,000-barrel-a-day plant in the northern Chinese region of Ningxia. Chinese leaders, however, have shown little inclination to approve Sasol's project and let construction begin, with the government's economic planning agency saying the proposed technology was under review. On Monday, Sasol said it has suspended all further activities related to the project until a decision is made.
Meanwhile, China Petroleum & Chemical Corp., known as Sinopec, has dismantled a small coal-to-liquids plant that operated in Catoosa, Oklahoma, and rebuilt the operation in China as part of a 2008 agreement. The move, completed last year, resembled a similar project nearly a decade ago, when another Chinese state-owned industrial company moved a German steel plant owned by ThyssenKrupp AG to China.
Sinopec's $20 million deal with the Catoosa plant's parent company, Tulsa, Okla.-based Syntroleum Corp., included training of Chinese personnel and the right to use its coal-to-liquid technology in China.
That could deal a blow to Sasol's planned investment, because the technology transferred to Sinopec from Oklahoma incorporates the same three-step process used by Sasol. Sinopec is China's biggest refiner and distributor of transport fuels.
The Oklahoma plant produced more than 300,000 gallons of diesel and jet fuel between 2003 and 2006, including supplying 100,000 gallons of aviation fuel for the U.S. military.
China has long sought technology that could lower its dependency on crude-oil imports by making better use of its 114.5 billion metric tons of coal reserves—the world's third largest after the U.S. and Russia. For years, it looked like a straight shootout between two different processes, one honed by Sasol and another by China's state-owned Shenhua Group.
Shenhua took a different approach to the three-step process, and built a plant in the coal-rich region of Inner Mongolia that turns coal directly from a solid to a liquid. The plant has a daily output of 20,000 barrels, but Shenhua has said it aims to raise this to 100,000 barrels a day.
Zhang Guobao, who retired in January as chairman of the National Energy Administration but remains an influential figure in the energy sector, told The Wall Street Journal on Sunday that Sasol's technology was still being compared with domestically developed technology.
"We are still comparing Sasol's technology with those that are domestically developed," Mr. Zhang said. "But I am not saying Sasol's proposed Ningxia project will be scrapped."
Yuan Jinlin, head of the Ningxia Development and Reform Commission, told reporters Tuesday that the proposed coal-to-liquid plant will mostly use Chinese technology.
Neither official clarified which domestic technology they were referring to. At least three small-scale demonstration projects that rely on locally developed indirect technology have been developed in China, including one by Shanxi-based Lu'an Group and one by Inner Mongolia Yitai Coal Liquefaction Co.
A government document reviewed by The Wall Street Journal a year ago showed China Petrochemical Corp., Sinopec's parent company, playing a leading role in the review of coal-to-liquid technology. That document also cited the Mr. Zhang as recommending against cooperating with Sasol
Guys correct me if I am wrong .
they said they were producing 2500 barrels per day .
If that is true then you take into account that there are 42 oil gallons per oil barrel so take 2500 and multiply that by 42 then you get 105,000 gallons then multiply that by 90 for the lack of an accurate number you get 9,450,000 gallons produced . For the Q4
Lets see how accurate I am . And that is at half cap or there about.
also I believe that actual number produced is some where in between that and 18,493,150 gallons produced.
Well Gang
I invited some folks from the Yahoo board to come over and say Howdy lets see what happens.