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Pennybuster

04/24/06 9:57 AM

#7701 RE: Poundthetable #7699

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Oil Stocks Have Been On Fire And I'm Thinking They Will Continue To Do So.


Check Out VNBL .0188


Latest News:

Vinoble Announces Data on the Clovelly Prospect

MALIBU, Calif., Feb 10, 2006 (BUSINESS WIRE) -- Vinoble, Inc. (OTCBB:VNBL), announced today further data from a 3D Seismic survey of the Clovelly South Prospect located in southwest Louisiana in the Lafourche Parish. The Clovelly Field is host to many oil and gas producers and has produced in excess of 30 MMBO (Million barrels of oil) and 200 BCFG (Billion cubic feet of gas) since its discovery in 1950.
The originally proposed target was to test the "M" Sand at a depth of approximately 13,500 feet with a prospective size of 3.6 million barrels of oil. After further geophysical review of a 3D Seismic survey of the property, the operator has contacted the interest owners of the prospect and put forth a further development plan for a deeper horizon. The additional drilling target will test the "P" Sand at approximately 14,200 feet and if successful, would significantly increase the reserves in the well for a nominal increase in the dry hole cost. It is expected that drilling will commence as soon as a rig becomes available. A discovery would lead to the drilling of several development wells on the 1260-acre property where facilities for the production of the well are available.

While global political turmoil continues to keep oil prices above $60 per barrel and by some recent analysts' reports that oil could reach as high as $100 a barrel in the near future, the Company is moving forward in acquiring additional growth and investment opportunities in the resource sector. Vinoble believes that these additional assets will provide the Company and its shareholders a much-improved increase in shareholder value. The Company is focused on increasing value by means on continuing acquisitions, development projects and exploration drilling through joint venture networks.








VNBL

Shares Outstanding: 52.73M
Float: 20.29M




With This Kind of Share Structure We Could See Some Quick Movement.







VNBL Chart: http://www.pinksheets.com/quote/chart.jsp?symbol=VNBL&duration=2-6-8-0-0-56





Keep VNBL On RADAR!!!!!!!


Happy Trading!
:)
Pennybuster






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