Replies to post #1180 on Gulf Coast Oil & Gas (fka GCOG)

[HDOGTX]

Ahh ha, this explains the recent increase in the AS to Accomodate a new entity, it all addin up now!! The USEG connection is gleaming more clearly now!!

[HDOGTX]

This is the REASON they were able to get the $$$ to get caught up!! 1st quater now over!!


Below is a 10QSB filed by USEG on 14 Nov 07 which trades on the NASDAQ at $4.80 per share. Please read a key portion in which I think refers to GCOG under Note 22:
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0000101594-07-000226&Type=HTML

22) Oil and Gas Exploration Activities

U.S. Energy Corp. has signed an Exploration and Area of Mutual Interest agreement with a Gulf Coast (United States) oil and gas exploration and production company. U.S. Energy Corp. anticipates it will participate as a 20% working interest partner in potentially numerous wells that could be drilled over the next three to five years. Approximately $3 million has been paid under the agreement to date. Two prospects have already been leased, and exploration and development activities are expected to commence in the later part of the fourth quarter 2007 or the first quarter of 2008. …

[americano]

Thanks for the time on dd , mick

[deafchild]

You need to read the wording and realize that it say "A GULF COAST AND OIL EXPLORATION COMPANY". There are many gulf coast gas and oil exploration companies out their. It does not specifically state GCOG. But it doesn't mean that it is not possible.

[stervc]

Mick, with those GCOG thoughts...

I do still stand by those thoughts concerning the warrants. I think each option of the warrants will be executed for purchasing shares.

Also, I would be very surprised if we didn't see a Form 4 filed any day now for GCOG shares recently purchased out of the open market.

v/r
Sterling

[NextGenTrade]

Mick.....GCOG still owes Cornell $900,000 of its original 2,000,000 CD. Just FYI.