Ivanhoe Energy Inc. (fka IVANF)

[JoeSmith]

Quite simple really, he was a writer whose columns were followed closely by day traders and the momo crowd.
His columns would move markets jut like Cramer and many others.

IVAN caught the eye of traders and took off "to da moon" type of thing in 2003. Of course it got ahead of itself like so many stocks will do, fueled by the momo. (look at the 10 yr chart)

It has come off it's highs, looks like it formed a good bottom end of 2008, and perhaps now it is ready to perform as a real company, not as a story stock like 03.

The recent news, see below, is helping the share price.
All imo.

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Ivanhoe Energy's HTL technology partner, Ensyn, completes alliance for second-generation biomass technology with a world leader in refining processes 03/26 07:50 AM



CALGARY, March 26 /CNW/ - Robert Friedland, Executive Chairman, President and Chief Executive Officer, and Dr. Mike Silverman, Executive Vice President, Technology, of Ivanhoe Energy Inc. (IVAN:$1.37,00$0.09,007.03%) , today congratulated Ivanhoe's technology partner, Ensyn Corp, on its formation of a biomass technology joint venture, Envergent Technologies LLC, with UOP, a Honeywell company.
Envergent Technologies will offer Ensyn's commercially proven Rapid Thermal Processing (RTP(TM)) technology to convert second-generation biomass, such as forest and agricultural residuals, to pyrolysis oil for use in power and heating applications.
The joint venture also will accelerate research and development efforts to commercialize next-generation technology to upgrade the pyrolysis oil into transportation fuels, such as green gasoline, green diesel and green jet fuel.
Ensyn's RTP technology was proven and commercialized in the 1980s in the biomass sector and adapted in the late 1990s for heavy-oil upgrading. The rights to the RTP technology for all applications, except renewable resources, were acquired by Ivanhoe Energy (IVAN:$1.37,00$0.09,007.03%) in April 2005 and rebranded HTL(TM) for heavy-oil upgrading applications. Ensyn retained the rights to the RTP technology for the processing of renewable resources.
All improvements to the core RTP technology that are owned by Ensyn flow through to Ivanhoe Energy (IVAN:$1.37,00$0.09,007.03%) for HTL heavy-oil applications, on a cost-free basis.
"This alliance is a clear endorsement of the core RTP process of short reaction time thermal cracking for challenging feedstocks," said Dr. Silverman. "UOP is a global leader in refinery technologies. We welcome their recognition of the unique capabilities and strength of the RTP process, and we wish UOP and Ensyn well in their new venture."
UOP, of Des Plaines, Illinois, a recognized leader in refining process technology for nearly 100 years, is developing efficient ways for fuel producers to convert biofeedstocks into valuable fuels and chemicals.
The agreement between Ensyn and UOP does not affect Ivanhoe Energy's (IVAN:$1.37,00$0.09,007.03%) exclusive rights to apply the RTP technology in the petroleum sector.
For further information, please refer to the Honeywell announcement, which is available on the Honeywell website at www51.honeywell.com/honeywell.
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Ensyn Corporation
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Ensyn Corporation is a private company focused on the production of fuels
and natural chemicals from renewable resources. Ensyn operates seven
commercial biomass processing plants in the US and Canada, producing numerous
natural chemicals and energy products.

Ivanhoe Energy (IVAN:$1.37,00$0.09,007.03%)
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Ivanhoe Energy (IVAN:$1.37,00$0.09,007.03%) is an independent, international, heavy-oil development and production company focused on pursuing long-term growth in its reserves and production using advanced technologies, including its proprietary, patented heavy-oil upgrading process. Core operations are in Canada, Ecuador, the United States and China, with business development opportunities worldwide. Ivanhoe Energy's (IVAN:$1.37,00$0.09,007.03%) shares trade on the NASDAQ Capital Market with the ticker symbol IVAN and on the Toronto Stock Exchange with the symbol IE.