ORFG is on high alert for symbol change and expected major news. With the revised Dividend record date of this Tuesday (April 15th), long shareholders are buying up the dip to increase our share count to maximize the quantity of restricted ORFG stock we get on this awesome equity dividend from the newly formed company! Strong buying will continue pouring into ORFG as multiple material events start coming out to the public and are expected from previous press releases.
ORFG Due Diligence Update below with an OVERSOLD Daily Chart. Bakken Energy had its name approved by the State of Nevada recently and a request was submitted to FINRA changing the name, symbol and cusip number which is expected to be approved shortly. In the meantime, the stock has performed very well since our original alert at 0.0043 back in early January. Shortly after that original alert the stock moved up to 2 cents and formed a new higher base in the 1-2 cent range. Then in March on awesome news and buying pressure went on a solid run to a yearly high of 9.5 cents. The stock has been consolidating and forming higher lows in the 3 cent range. The material events expected along with very strong accumulation of the trading float by strong long investors is setting up for a much bigger move up. The company will soon update shareholders on its valuation with assets being acquired in the 4 corners region of the country as was noted in recent press releases with included snippets within our DD bullets . Below is compiled Due Diligence bullets that investors have pulled together. We love this company and stock.
UPDATED ORFG DUE DILIGENCE
- FINRA Name, Cusip and Symbol Change approval expected in the very near future. - Acquisition of Nations Oil and Gas confirmed completed by PR with valuation expected in near term - appointment of Michael James, Professional Geologist to the Board of Directors - Michael Naumu is the domain owner for http://www.nationsoilandgas.com/ - Michael Naumu is a very wealthy business man associted with the BIA. See DD from drivenbypain below - Nations Oil and Gas, a wholly owned subsidiary of Bakken Energy made an offer to acquire Alberta Gas Co of Utah - Nations Oil and Gas has lease holdings in Uinta Basin, Central Utah and surrounding locations throughout the State of Utah with its most valuable acreage in the Uinta Basin. - The Uinta Basin properties are surrounded by producing oil and gas wells and current operators like Newfield and Crescent Point, and other companies. - The Company will be receiving detailed data on a 25,000 acres parcel, after a thorough review , it will seek plans to negotiate or joint-venture with a field Operations Company. - The Company anticipates to acquire under lease agreements a very large Hydro-Carbon bearing acreage through Nations Oil & Gas Corp, and other holdings. - Company extended the "DIVIDEND" record payout date to April 15, 2014 for a recently announced dividend in January as follows: For every 10 shares that a shareholder owns of ORFG they will be paid 1 additional share of restricted stock of ORFG stock. Each shareholder has to hold their shares of ORFG stock through the shareholder of record payout date to be eligible to receive their dividend - Company is acquiring an Oil Refinery in Utah - The Company is in the process of acquiring or leasing a large acreage in the Uintah basin along with producing Oil & Gas wells with Off-set sites already identified.
Nations Oil & Gas, LLC., is a private oil and natural gas company engaged in the discovery, development and production of oil and natural gas properties. Since 2012, through a sound development program and a series of strategic acquisitions and partnerships we have grown to become one of the fastest growing E&P companies.
Today we are looking to acquire interests in existing mineral leases, wells and other energy related assets. We have a diverse asset base with nearly 150,000 net acres, primarily concentrated in the core area of operations: the Uinta Basin. We are actively looking to acquire more assets in these basins as well as many well-known producing areas such as the San Juan, Powder River, Green River, Bakken, Aneth and Piceanse. We strive to build value across this diverse asset base by profitably increasing reserves, production and operating cash flows through measured growth.
We are headquartered in Las Vegas, Nevada and maintain division offices in Salt Lake City, Utah, with future expansions into Farmington, New Mexico, Dubai, UAE, Denver, Colorado and Houston, Texas.
MICHAEL NAUMU
Some DD On Michael S Naumu! courtesy of Ihub poster DrivenbyPain
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