Let me put my few cents in for I have been following this company since inception and I really like reading the banter:
They have not produced a drop of oil nor have reported to the State of Montana Oil and Gas since September 2012 therefore they are in default of their leases for non-compliance (Public Info if you want to look) and what they supposedly produced was literally test amounts which really was nothing, check the only revenue the company posted.
All bonding has been cancelled not only in Montana but also Alaska and for what I hear the larger bond for the DOI - Department of Indian Affairs is no longer valid.
Who knows where the deal for Windhaus stands (windmills) for they are in default
Look, you want something positive, they actually raised somewhere in the area of 6 to 8 million in equity and debt!
Where are they now, a dead beast for they did not focus on their core business plan of production in Montana and kept on releasing PR for Alaska and windfarms, classic pumping. They are considered toxic for non-reporting by OTCMarkets.
As for the NT filings and not filing after the NT is filed is a definite red flag for investors. There is a time limit they have to file the actual 10Q and/or 10K the delay to file is not perpetual!
Bottom line, with oil prices crashing and expected to go lower and stay at lows it is not even worth it to use their so-called enhanced method of recovery for it will cost too much to extract oil and dispose of any water that is produced.
SS if you have any additional info that might be of actual worth here please post, for we would all like to here it.
To quote you "Not a recommendation; do your own Due Diligence!"
As for trading I agree sometimes you can make the spread but not when there is no volume trading for the company so your referrals to NAGP really don't make any sense because of the lack of trading volume.
One other point, the summer is the big producing time in Montana before the cold weather sets in!! Just an observation!
Again just my two pennys worth!