Replies to post #2362 on Greene Concepts Inc (INKW)

[metical1]

Ok so far we know that FPPL is a startup searching for that all important Oil and Gas in the Colorado, New Mexico area; but how do they get that fuel from the ground????????

Oil Drilling Technique:

http://i24.photobucket.com/albums/c40/metical1/OilDrilling.jpg


Process for extracting Coal-Bed Gas


http://i24.photobucket.com/albums/c40/metical1/CoalBedGas.jpg


From the website

"The primary business of First Petroleum is to produce and sell oil and gas through existing and probable reserves. There are three ways to produce more fossil fuels. "

-Drill more new wells.
-Make present wells more efficient through new technology.
-Purchase additional operating leases with producing wells.

First Petroleum will begin the acquisition of 'new' leases and begin drilling 'new' oil and gas wells.

First Petroleum's operation is being carefully organized to successfully manage a profitable business with immediate expansion potential. A development strategy has been formed to acquire and operate a number or oil & gas leases in our target regions; presently potential acquisitions have been identified and discussions are underway.

We have structured our company for maximum growth and returns through its core business strategy. First Petroleum is designed to deliver consistent profits for its investors and financial partners.

[Trinityz1]

I didn't really notice an accurate reflection
of the oil sands in TX. It is said they rival
those in Canada. That is speculative of course.

I lived through the precious oil shale speculation years
ago. The problem was we didn't have the technology to make
the process viable and there were issues of environmental
impact. New technologies are changing how oil shale is
perceived as an asset.

Imo, FPPL positioned itself well to take advantage of the
situation and that is what provides the upside & value in it.
The leases Fppl holds are not merely oil shale either or
so it appeared when I researched them some time ago when
I first got involved with it.

It's definitely a fun stock to play, imo.
Some consider calling it bottom feeding like this is a bad
thing. If buy low and sell high is bottom feeding, then
there's no shame in bottom feeding whatsoever, imo