Cascade Energy Prepares to Drill "12-15" Well at Empress, Alberta Canada
Friday August 5, 12:16 pm ET
SACRAMENTO, CA--(MARKET WIRE)--Aug 5, 2005 -- Cascade Energy, Inc. (OTC BB:CSCE.OB - News), today announces that the Company is preparing to drill the 12-15-24-2W4M well at its Empress Project, located 160 miles east of Calgary, Alberta. The well is planned for spud in approximately one week, as a drilling rig is available in the area.
Profile Get Profile for:
Cascade Energy, Inc.
5151 E Broadway
Suite 1600
Tucson, AZ 85711
Phone: 520-512-5469
Web Site: http://www.cascadeenergyinc.com
DETAILS
Index Membership: N/A
Sector: Industrial Goods
Industry: Small Tools & Accessories
Full Time Employees: NaN
BUSINESS SUMMARY
Cascade Energy, Inc. operates as an energy development company. It explores for natural gas, oil, and coal resources in North America. The company has working interests in two natural gas projects and an Arctic coal project. These projects include Coyote Creek gas prospect, which is located in the Sacramento basin of California; Empress Gas prospect, located in Alberta; and Strand Fiord project, located on Axel Heiberg Island of the Canadian Arctic. It also has a 49% working interest in Bolloque project, located in Alberta, Canada. The company was incorporated in 2003. It was formerly known as Pro-Tech Holdings, Ltd. and changed its name to Cascade Energy, Inc. in April 2005. The company is headquartered in Sacramento, California.
This looks like a good company that has found both oil & gas in Alberta.
They discovered over 10.5 bcf of gas which is a huge hit for a new company. Things are off to a good start. Could have a big effect on the stock price.
Support @ 0.29...0.20
Resistance @ 0.61...0.70...0.87...1.00
Volume: 4,032,079............... ;D
Avg Volume (3m): 520,435
Recent CandleStick Analysis
Bullish
Dec-12-2005 Bullish Engulfing
Technicals
MACD is neutral.......but rising toward center
Stochastic is Bullish
Record Volume
Most Actives
Percentage Gainer
Headline News Link: http://finance.yahoo.com/q/h?s=CSCE.OB
Looks Great..... :o
Double Bottom (Reversal) Pattern
Technicals
MACD is Bullish...... ;D
Stochastic is Bullish...... ;D
Close Above the 50-day EMA........ ;D
Percentage Gainer
Volume: 1,092,680 ............. ;)
Avg Volume (3m): 537,010
Support @ 0.25...0.20
Resistance @ 0.32...0.71...0.88
Headline News Link.... http://finance.yahoo.com/q/h?s=CSCE.OB
they have a toxic financing deal with Cornell from last Novemeber.. be carefull in the long haul..JMHO
Nice call setravis. I think this still has room to grow.
With more and more companies leaving Cornell, I think Cornell is going to be a little more carefull how they deal with companies so it won't be as big an issue imo.
Quote from: setravis on December 14, 2005, 11:34:02 PM
This looks like a good company that has found both oil & gas in Alberta.
They discovered over 10.5 bcf of gas which is a huge hit for a new company. Things are off to a good start. Could have a big effect on the stock price.
Support @ 0.29...0.20
Resistance @ 0.61...0.70...0.87...1.00
Volume: 4,032,079............... ;D
Avg Volume (3m): 520,435
Recent CandleStick Analysis
Bullish
Dec-12-2005 Bullish Engulfing
Technicals
MACD is neutral.......but rising toward center
Stochastic is Bullish
Record Volume
Most Actives
Percentage Gainer
Headline News Link: http://finance.yahoo.com/q/h?s=CSCE.OB
Yes chart looks very good run back to .80s?
good work setravis, i gave u a applaud
Thank you FreeLove , and also Thank you SarfiSoy ,
For the vote of confidence.....
If your in I hope you all can manage to make a nice profit, good luck,make some bucks!! ;D
Doing fine Settravis expect much more to come
Breakout above the reaction high in the pattern.
Volume: 5,185,838
Avg Vol (3m): 578,760
Technicals
Most Actives
Percentage Gainer
Last Price Quote is:
33.71%above 50-day EMA
Yes, made some on it. Looking to pick some more up as it settles a little more.
the run may have been in anticipation of this 8-k....here it is, just released before close.
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001085037%252D06%252D000030%252Etxt%26filepath%3D%255C2006%255C01%255C10%255C&symbol=CSCE
glta to all holders :D
julia
CSCE got mentioned in a German analyst report today with a target price of 0.60 Euro (converted about $0.80)
http://de.biz.yahoo.com/06022006/36/ots-news-pennystockreport-pennystock-report-empfiehlt-cascade.html
>>Die Analysten des PENNYSTOCK REPORTs stufen die Aktie der Cascade Energy auf Kaufen mit einem Kursziel von 0,60 Euro.<<
Cheers
Nice :)
starting upwards with some volume.
possible 100% gainer ?
bought some.