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news of the pipe line finished would help
ike riping out some platforms out would help
waiting and seeing:)
I thank U :)
GO CHINA ;)')
yes i agree he said scratching his head
that will be nice to c running all the way to the ......:)
#'s look good and with 2 wells down
ok thanks for reply will b looking foward to extra cash :)
reason's?:)
“We expect to have this pipeline installed and completed in the 3rd fiscal quarter
is this the 3rd fiscal quarter?
can any1 see the pipe line on google earth or in there back yard?
google earth sucks on dial up:(
we would b worth more if iran shut down that little water way:):(:):(
http://finance.yahoo.com/q/is?s=sois.ob
View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Mar-08 31-Dec-07 30-Sep-07 30-Jun-07
Total Revenue 1,179 1,305 805 644
Cost of Revenue 804 496 636 434
Gross Profit 375 809 169 210
Operating Expenses
Research Development - - - -
Selling General and Administrative 586 858 1,085 645
Non Recurring - - - 373
Others 13 12 11 11
Total Operating Expenses - - - -
Operating Income or Loss (224) (61) (927) (820)
Income from Continuing Operations
Total Other Income/Expenses Net 1,143 1,534 1,419 486
Earnings Before Interest And Taxes 919 1,473 491 (334)
Interest Expense 524 647 258 1,168
Income Before Tax 395 826 233 (1,502)
Income Tax Expense - - - -
Minority Interest - - - -
Net Income From Continuing Ops 395 826 233 (1,502)
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income 395 826 233 (1,502)
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares $395 $826 $233 ($1,502)
u got that right boatRgirl
looks like we will b climbing again :)
thank you for the dd cosmoworld7
young and foolish bought fch?/bkmp
now old and stupid is trying to sell it lol
thanks again for dd:)
seems to b helping:)
i also would b intrested in what yous find
if u would b so kind [and i now u r:)]
ps:
!!!!!!!!!!!!!!!!!GO BKMP GO!!!!!!!!!!!!!!!to da moon!!!!!!!
we should climb this week with the oil news this week end :)
and this time when the charts say get out guess what i am going to do
thank u again boatRgirl but i should of got out at $1.5? again live and learn :)
lets get back up there :)
Friday June 13, 12:57 pm ET Striker Oil & Gas Continues Revenue Growth Strategy
HOUSTON--(BUSINESS WIRE)--Striker Oil & Gas, Inc. (OTCBB:SOIS - News) continues to build upon the investments made in 2007 for acquiring and developing new properties. We have experienced an increase in oil and gas production and reserves year to year from 2007 to 2008. We continue to implement our drilling program during 2008 as we continue our strategy to grow the company through acquisition and development.
Our drilling and acquisition program in 2007 resulted in the addition of 258,426 barrels of oil and 908,320 Mcf of gas in proved reserves to our holdings. In early June 2008 we completed the second well drilled on our Catfish Creek Prospect located in East Texas. Consulting geologists' reports indicate that this prospect could result in 20 to 40 wells. We recently committed to drilling three more wells over the next three to six months. We continue to evaluate additional drilling and acquisition prospects.
Our reserves were valued at $20M as of December 31, 2007, based upon the standardized measure of discounted future net cash relating to proved reserves method of valuing petroleum reserves. This is a $16M, or 447% increase, over the prior year.
Our oil and gas production increased on a year-to-year basis. 2007 oil production increased 112%, or 16,988 net barrels, over 2006 levels, from 15,172 net barrels in 2006 to 32,160 net barrels in 2007. In addition we added significant gas production of 110,456 Mcf in 2007 compared to none in 2006. This new production coupled with higher oil and gas prices led to record revenues for Striker. Our revenue was up 233% compared to the previous year. The company also increased its gross profit from oil and gas operations 217% for the same period to $2,182,710. As a result, Striker has been able to substantially narrow its operating losses.
In addition, in an effort to further increase revenues from our existing production, the company has entered into an agreement to install a 4-mile gas pipeline to connect its gas production from its Catfish Creek Prospect.
As previously disclosed we have been able to narrow our loss from operations (before non-cash charges) from a loss of $1.8M in 2006 to a loss of $960K in 2007.
We are forecasting revenues of $5M for 2008. We believe that proven efforts to increase production and reserves will have a positive effect on our shareholder value, thus lowering our cost of capital and allowing us to further expand our already successful drilling and acquisition program.
thanks boatRgirl would of ben nice to c this 2 days ago lol
living and learning :)
i cancel the request for answer's
ok thanks foe reply
to anyone is the company dumping to pay for the pipeline?
talk about being wrong. climbing higher! lol
climbing higher today? NEWS!!
Striker Oil & Gas Looks to Increase Welsh Field Production by 100%
Thursday June 12, 8:30 am ET
HOUSTON--(BUSINESS WIRE)--Striker Oil & Gas, Inc. (OTCBB:SOIS - News) announced today that it has filed a permit application with the State Of Louisiana to convert a temporarily abandoned well in the Welsh field to a salt water disposal well. This will allow Striker to bring several of its shut-in wells online which could double its existing Welsh field production. Welsh has been producing approximately 35 barrels of oil per day from two productive wells with an additional two wells ready to produce that have been shut in due to the inability to dispose of the salt water. Striker anticipates it will begin this conversion within the next 15-45 days depending upon rig availability. Payout of the conversion is expected in one month. The Welsh Field has additional development opportunities through recompletions and new drilling locations.
ADVERTISEMENT
“This is an additional step for us to maximize our production capacity in the Welsh Field.” said Kevan Casey, Chief Executive Officer of Striker, “We hope to have these additional wells online by our 3rd fiscal quarter.”
http://biz.yahoo.com/bw/080612/20080612005169.html?.v=1
!!WAKE UP BKMP
go like SOIS is !!!!!!!!!!!!!
it is all IMO
yes and it made me :)
many thanks for the replys investors
i did not sell but scarie for a bit there
good weekend too all
:)
;0
what happen why did this drop almost 40 cents? is there news i dont c?
lol zzzzzz
!!WAKE UP BKMP
go like SOIS is !!!!!!!!!!!!!
it is all IMO
!!!!!!!!!!!!!YEEHAA GO BKMP GO!!!!!!!!!!!!!!!!!!!!!!
right u r nice to c it climbing what
will day 6 bring
i made money on this one last time it hit 5 will b nice to do it again
thanks Evil Willy sounds good one word i dont understand the meaning of is "fracced"
the only reference i can find is this
fracas
noun
Informal. A quarrel, fight, or disturbance marked by very noisy, disorderly, and often violent behavior: affray, brawl, broil 2, donnybrook, fray, free-for-all, melee, riot, row 2, ruction, tumult. Slang: rumble. See attack
thanks for ur help :)
true enough and the way it is going[oil$$]it is not done going up:)
nice to c this get some leggs again
any thoughts on the what the value per share sois is worth? or should b?
lol ok thanks Evil Willy
thats what i like too hear:)
that sounds good Ven Detta
but could put that into layman terms:)
pick me :)
any ideas how much higher Friday May 30, 4:30 pm ET news will take sois????????? any????:):)
Striker Oil & Gas Announces It Has Successfully Drilled Its Second Well on Its 8,000 Gross Acre Catfish Creek Prospect
Friday May 30, 4:30 pm ET
HOUSTON--(BUSINESS WIRE)--Striker Oil & Gas, Inc. (OTCBB:SOIS - News) announced today that it has successfully drilled its second well on its Catfish Creek Prospect located in East Texas. The second well was drilled to a total depth of 10,670 feet to test the Bacon Lime and Gloyd sections of the Rodessa formation and the Pettit formations. Preliminary analysis indicates that the well came in high to the Catfish Creek No. 1 well in both the Pettit and Rodessa intervals. Net feet of potential pay in both zones approximate 32 feet.
This prospect consists of over 8,000 gross acres with depths earned to 100 feet below the base of the Pettit formation. Full development of this prospect could result in 20 to 40 wells. Striker has approximately 33% working interest before payout (25% after payout) on this prospect.
“We are very encouraged by the log in this second well and believe it to be better than our initial well which is currently producing.” said Kevan Casey, Chief Executive Officer of Striker, “This prospect is our biggest development project and we hope to begin a more aggressive drilling program in the near future to substantially add to our growing reserves.”
!!WAKE UP !! BKMP
it is all IMO
thank ye
yeehaa
!!!!!!!!!!!!!!!!!!go bkmp go!!!!!!!!!!!!!!!!!!!!!!!!!!
anybody everybody i am not educated in these mater's what is it telling us ?
ok thanks with dialup aka dialdown that site will only load text and a few pics so unless bkmp makes me rich i will never see it :(:(:(
!!!!!!!!!!!!!!!!!!!GO BKMP GO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!