Alaska Oil & Gas Ltd (fka AKOL)

[Candydish]

AKOL...

It takes little vol to move AKOL, and the mms were caught off guard on this one... don't have many shares. My yahoo group, Tradingmofo is sitting on bid at .004, we bought out the .0045's yesterday, and there is 3 mms on ask at .005 that we will get broken down today, then a weak walls to the .01 all the way to .51

If you get in then don't sell us short with a quick newbie profit taking of $100, when u could have BIG BANK! Don't get scared and sell at bid, just go for the ride and smile. We plan to run this stock thru next week, and we always tell our members when it is "out" time. That is why we are all successful in the Tradingmofo group. :)
Short term rating is a strong buy.

As always here is some DD, and GL.
Candydish
If u would like to be part of our yahoo chat room it is (remove the spaces) under id of b brown 913

Outstanding Shares: 80,000,000 as of 2004-07-08
I have called and left a message to confirm this, but the way the stock moves... this os may be very close to accurate. I doubt they will call me back... "in the field"..."working"..
Officers: M. Mancini, Pres. & CEO
11757 Katy Freeway
Suite 1300
Houston, TX 77079. USA
Phone: [phone] Fax: [phone]

http://www.pinksheets.com/quote/quote.jsp?symbol=AKOL

1) The Fowler project is lower risk then most oil and gas ventures due to the following:

The gas field is a proven reserve for Cook Inlet.

Our land is within 300 feet of main natural gas feeder pipelines.

Capital needed for the extraction and transportation of the oil will be internally generated by the gas revenue, and the ability to sell oil futures for physical delivery in 2-3 years.

Alaskan Oil and Gas Ltd is an opportunity to operate a successful oil and gas production company. This company through a venture with Fowlers Oil and Gas will be penetrating the market in the business of natural gas and oil production.

The vision of the company is to establish itself and develop a solid foundation for future growth by developing properties that provide a balance of short and long term reserves for both natural gas and oil. The company will establish this through strategic development partnerships and independently in the future. The company will work to establish and maintain properties with potential for development and drilling. The company emphasize will be on production, cash flow and reserve value.


Alaskan Oil and Gas brings an excellent potential partner to the table in Fowlers Oil and Gas. The company is looking to develop both oil and natural gas reserves located in the Cook Inlet oil basin in Alaska. Ownership of the 80 acres property located in the cook inlet is owned free and clear by the fowler family for the last 45 years, with an additional 7,000 adjacent acres to be leased. Well spacing for the owned property will be one(1) well for every twenty(20) acres with the possibility of approval for a one(1) well per ten(10) acres. Current Oil Reserve is an unproven reserve with an estimated 2 billion barrels. Current Gas Reserve is a fully documented reserve with an estimated 1.9 trillion cubic feet. The development property in question is within 300 feet of main natural gas feeder pipelines.