InvestorsHub Logo
icon url

helpx

11/21/20 8:20 PM

#50931 RE: Picks77 #50930

I know its hard after 7 news pps at 0.001 ...hard to hold the bag.
icon url

helpx

11/21/20 8:41 PM

#50932 RE: Picks77 #50930

Read this old news ,same pattern
SHORT HILLS, NJ--(Marketwired - Jul 11, 2014) - Intrepid Energy, an Umbra Applied Technologies Group company (OTC: UATG), is now a licensed oil and gas producer in the state of Kansas. The company is targeting the Mississippi Lime Formation in its first step in a comprehensive energy initiative. Chairman and CEO Alex Umbra, offered, "Today's announcement is just the first step in our long term plan to integrate green energy with traditional energy sources. We have begun the process to create an 'energy farm' that will integrate our clean energy platforms with conventional oil and gas reclamation operations. UATG is proud to contribute in no small way to American energy independence."
Mr. Umbra commented further that, "Kansas was selected for the company's energy campaign because of its total energy potential, not just the farming of traditional hydrocarbons." Intrepid Energy will be coordinating its oil & gas operations with its sister company, Umbra Applied Technologies, Inc. (UAT), which will be installing green energy technologies on Intrepid Energy properties. UAT's Helix wind turbine will be the first green energy technology to partner with Intrepid. The State of Kansas has the second highest wind energy potential in the United States, according to the American Wind Energy Association.
CEO of Intrepid Energy, Justin Herman, stated, "If we compare southeastern Kansas to the Bakken of North Dakota or to the Marcellus Shale, its formation depth is significantly less. The drilling and completion costs are much lower in our area. We believe Kansas is ideal in terms of return of investment for oil & gas production and to introduce the green technologies from UAT."
About Intrepid Innovations Corporation
Intrepid Innovations Corporation is a member

icon url

helpx

11/21/20 8:41 PM

#50933 RE: Picks77 #50930

Same
SHORT HILLS, NJ--(Marketwired - Aug 1, 2014) - Intrepid Energy, a subsidiary of Umbra Applied Technologies Group (OTC: UATG), has completed a sales agreement with two refineries. Justin Herman, CEO, of Intrepid Energy, commented, "Our goal was to create the most cost efficient pathway to deliver our product to market. We now have refinery options and enhanced choices with crude haulers within our operational footprint. These agreements will allow us to maximize the value of our oil & gas portfolio." Initial sales will come from the company's portfolio within the Mississippi Lime formation. Intrepid Energy will be one of the first companies to supply crude oil produced in part with clean technology provided by its sister companies ChaseDown and Umbra Applied Technologies GreenTech division.
Alex Umbra, Chief Executive Officer of Umbra Applied Technologies Group, remarked, "We have passed many milestones over the past twelve months and this is just another example of our company surpassing benchmarks and rapidly advancing towards monetizing our hydrocarbon portfolio. We look forward to the creation of our energy farm, and proving that our Greentech products will enhance the efficiency and profitability of Intrepid's oil & gas production."
Intrepid Energy has aggressively increased its land holdings over the past six months. With the collaboration of its sister company, UAT, Intrepid Energy is poised to become one of the first oil producers in the world to produce crude oil almost entirely with a zero carbon footprint. The proposed wind farm and alternative energy R&D facility in Kansas is scheduled to be operational by the end of 2015 and is projected to produce enough clean electricity to support drilling and pumping operations. 
About Umbra Applied Technologies Group, Inc.