Weed, have you ever read some of the PRs Lenny used to put out as First Petroleum? He would just pump out completely made-up nonsensical bupkis.
He put out this cr@p for a while and then decided that it wasn't going to work anymore and switched from acquiring oil and gas leases to being an entertainment company. You are taking this scammer's money to pump, I am not.
First Petroleum Acquires Oil & Gas Lease in Uinta-Piceance Basin of Colorado
11/2/2005 9:04:08 AM
NEW YORK, NY, Nov 02, 2005 (MARKET WIRE via COMTEX) -- First Petroleum & Pipeline Inc. (FPPL) has secured the rights to a Federal Oil & Gas Lease located on the Colorado side of the Uinta-Piceance Basin. The lease is located in Colorado's Mesa County, one of the states most active oil and gas regions.
The U.S. Geological Survey estimates there is upwards of 21 trillion cubic feet of undiscovered natural gas and 60 million barrels of undiscovered oil in the Uinta-Piceance Province of Colorado and Utah. This is one of the top 5 largest natural gas reserves in the U.S.
First Petroleum's core strategy is to focus on proven and producing oil and gas regions such as the Uinta-Piceance Province. By exploring in proven basins, the company is able to reduce exploration and development risks, and is thus able to better concentrate on company expansion and shareholder returns.
Colorado Oil & Gas
The total value of Colorado's oil & natural gas production in 2004 was $6.6 billion, a 35% increase over the 2003 value of $4.9 billion. For the second consecutive year, natural gas production in Colorado has exceeded 1 trillion cubic feet. In 2004, Colorado had proven crude oil reserves of 217 million barrels, including over 60,000 barrels per/day in physical production. Nearly every major producer and pipeline company in the U.S. is active within the State of Colorado; they include Amoco, Conoco and Unocal, among others.
First Petroleum and Pipeline Inc. First Petroleum (FPPL) is a growing oil and gas company actively engaged in the acquisition and development of oil and gas properties in Colorado, New Mexico and other U.S Midwest states. The Company is currently pursuing a diverse portfolio of high value, low risk energy projects such as opportunities in the Uinta-Piceance Basin, the San Juan Coalbed Methane play area, and the prolific oil and gas fields of the Permian Basin region.
Contact Information:
First Petroleum & Pipeline Inc.
Phone: 212 618 6374
www.firstpetroleuminc.com
My posts are my opinion and nothing more. You should always do your own DD and do not buy any stock or anything else simply based on what I say.
