Good looking day,nice volume,nice looking candlestick.
May have something to give here.
Close above the 50-day and 200-day EMA.
Support @ 0.01...0.02
Resistance @ 0.03
MACD is Bullish
Stochastic is Bearish
Recent CandleStick Analysis Very Bullish
Oct-31-2005 Bullish Engulfing
Profile Get Profile for:
EnDevCo Inc.
2425 Fountain View
Suite 215
Houston, TX 77057
Phone: 713-977-4662
Fax: 713-621-8240
Web Site: http://
DETAILS
Index Membership: N/A
Sector: Basic Materials
Industry: Independent Oil & Gas
Full Time Employees: 3
BUSINESS SUMMARY
Endevco, Inc. engages in various energy related development projects in the United States and Colombia. It holds certain development rights in four blocks in the Gulf of Mexico. The company also has an option to purchase producing properties in Oklahoma along with a local pipeline and gas gathering system. In addition, it holds a farmin agreement for certain exploration rights in the Rio Magdelena Valley of Colombia. EnDevCo was incorporated in 1980 as Roberts Oil and Gas, Inc. and later changed its name to Adair International Oil and Gas, Inc. in 1997. Further, it changed its name to EnDevCo, Inc. in 2003. The company is based in Houston, Texas.
EnDevCo Buys Oil and Gas Production
11/3/05
HOUSTON, Nov 03, 2005 /PRNewswire-FirstCall via COMTEX/ --
EnDevCo, Inc. (OTC Bulletin Board: ENDE), the Energy Development Company, today announced an agreement to purchase 100% of all rights in the West and Central Units of Short Junction Field located in Oklahoma City, Oklahoma. The 12,000 acre leasehold is fully unitized and is comprised of 19 active wells that are currently producing 121 barrels of oil per day from the Hunton limestone reservoir and 400 mcf of gas per day from the Red Fork sand reservoir. The purchase includes a total of 270 well bores of which approximately 40 will ultimately be reactivated and includes full ownership rights to a field wide gas pipeline and gathering system that offers two independent taps to the interstate gas transmission system.
At current prices, the Company projects its cash flow from the project to be $7,500 per day or approximately $225,000 per month from the 19 active wells.
The Company recently advanced a $500,000 non-refundable deposit and will select debt financing being offered from several financial institutions to complete the purchase prior to December 01, 2005. Immediately thereafter, an aggressive well recompletion program that is designed to increase daily oil production to over 240 barrels/day and 2,250 mcf of gas/day over the next 12 months will begin. Concurrent with the well recompletion program, 3D seismic will be acquired over the field which will be integrated into a full engineering simulation of the Hunton reservoir dynamics. Based on these advanced technical studies, the Company plans to drill horizontal wells for both oil and gas production to fully realize a possible upside potential of an additional 10 million barrels of oil and 10 BCF of gas reserves.
This press release includes certain "forward-looking statements". The forward-looking statements reflect the beliefs, expectations, objectives, and goals of EnDevCo, Inc. management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include, but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. The forward-looking statements contained in this report are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
EnDevCo, Inc. is a dynamic and growing energy company establishing an identity consistent with its business development activities. EnDevCo maintains offices in Houston and Dallas, Texas. For more information on EnDevCo visit http://www.endevcoinc.com .
SOURCE EnDevCo, Inc.
Chris A. Dittmar, CEO of EnDevCo, Inc., +1-713-977-4662, or
[email protected] http://www.prnewswire.com
Copyright (C) 2005 PR Newswire. All rights reserved.
in this or just on watchlist?
Press Release Source: EnDevCo, Inc.
EnDevCo Buys Oil and Gas Production
Thursday November 3, 2:27 pm ET
HOUSTON, Nov. 3 /PRNewswire-FirstCall/ -- EnDevCo, Inc. (OTC Bulletin Board: ENDE - News), the Energy Development Company, today announced an agreement to purchase 100% of all rights in the West and Central Units of Short Junction Field located in Oklahoma City, Oklahoma. The 12,000 acre leasehold is fully unitized and is comprised of 19 active wells that are currently producing 121 barrels of oil per day from the Hunton limestone reservoir and 400 mcf of gas per day from the Red Fork sand reservoir. The purchase includes a total of 270 well bores of which approximately 40 will ultimately be reactivated and includes full ownership rights to a field wide gas pipeline and gathering system that offers two independent taps to the interstate gas transmission system.
At current prices, the Company projects its cash flow from the project to be $7,500 per day or approximately $225,000 per month from the 19 active wells.
The Company recently advanced a $500,000 non-refundable deposit and will select debt financing being offered from several financial institutions to complete the purchase prior to December 01, 2005. Immediately thereafter, an aggressive well recompletion program that is designed to increase daily oil production to over 240 barrels/day and 2,250 mcf of gas/day over the next 12 months will begin. Concurrent with the well recompletion program, 3D seismic will be acquired over the field which will be integrated into a full engineering simulation of the Hunton reservoir dynamics. Based on these advanced technical studies, the Company plans to drill horizontal wells for both oil and gas production to fully realize a possible upside potential of an additional 10 million barrels of oil and 10 BCF of gas reserves.
This press release includes certain "forward-looking statements". The forward-looking statements reflect the beliefs, expectations, objectives, and goals of EnDevCo, Inc. management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include, but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. The forward-looking statements contained in this report are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
EnDevCo, Inc. is a dynamic and growing energy company establishing an identity consistent with its business development activities. EnDevCo maintains offices in Houston and Dallas, Texas. For more information on EnDevCo visit http://www.endevcoinc.com .
--------------------------------------------------------------------------------
Source: EnDevCo, Inc.
Moving...... ;D :o ;)
+53.85%..........Volume @.........2,535,210
looking to get some @.035
Looks like we caught fire !!! :o
ENDEVCO INC (OTC BB:ENDE.OB) Delayed quote data
Last Trade: 0.043
Trade Time: 3:46PM ET
Change: 0.017 (65.38%)
Prev Close: 0.026
Open: 0.027
Bid: 0.04 x 5000
Ask: 0.043 x 5000
1y Target Est: N/A
Day's Range: 0.025 - 0.045
52wk Range: 0.01 - 0.08
Volume: 3,977,165
Avg Vol (3m): 522,379
Market Cap: 8.47M
P/E (ttm): N/A
EPS (ttm): -0.016
Div & Yield: N/A (N/A)
Quote from: setravis on November 03, 2005, 04:03:17 PM
Looks like we caught fire !!! :o
ENDEVCO INC (OTC BB:ENDE.OB) Delayed quote data
Last Trade: 0.043
Trade Time: 3:46PM ET
Change: 0.017 (65.38%)
Prev Close: 0.026
Open: 0.027
Bid: 0.04 x 5000
Ask: 0.043 x 5000
1y Target Est: N/A
Day's Range: 0.025 - 0.045
52wk Range: 0.01 - 0.08
Volume: 3,977,165
Avg Vol (3m): 522,379
Market Cap: 8.47M
P/E (ttm): N/A
EPS (ttm): -0.016
Div & Yield: N/A (N/A)
awesome pick applaud again setravis
Clap...next time, setravis, give us an extra days notice on the press release if you can. ;D
That an "ok" move today set :D :o (applaud) I hope you lock in profits >:D
Quote from: eliteG on November 03, 2005, 04:27:26 PM
That an "ok" move today set :D :o (applaud) I hope you lock in profits >:D
Quote from: runforthedoor on November 03, 2005, 04:16:41 PM
Clap...next time, setravis, give us an extra days notice on the press release if you can. ;D
Quote from: la-onda on November 03, 2005, 04:10:57 PM
Quote from: setravis on November 03, 2005, 04:03:17 PM
Looks like we caught fire !!! :o
ENDEVCO INC (OTC BB:ENDE.OB) Delayed quote data
Last Trade: 0.043
Trade Time: 3:46PM ET
Change: 0.017 (65.38%)
Prev Close: 0.026
Open: 0.027
Bid: 0.04 x 5000
Ask: 0.043 x 5000
1y Target Est: N/A
Day's Range: 0.025 - 0.045
52wk Range: 0.01 - 0.08
Volume: 3,977,165
Avg Vol (3m): 522,379
Market Cap: 8.47M
P/E (ttm): N/A
EPS (ttm): -0.016
Div & Yield: N/A (N/A)
awesome pick applaud again setravis
Thanks to all !
yeah an extra days noticeon the pr's woulde be good set!
this one still has legs today imo
hi,
great uptrend..
funadamentals :
EnDevCo, Inc. (ENDE), the Energy Development Company, announced an agreement to purchase 100% of all rights in the West and Central Units of Short Junction Field located in Oklahoma City, Oklahoma. The 12,000 acre leasehold is fully unitized and is comprised of 19 active wells that are currently producing 121 barrels of oil per day from the Hunton limestone reservoir and 400 mcf of gas per day from the Red Fork sand reservoir. The purchase includes a total of 270 well bores of which approximately 40 will ultimately be reactivated and includes full ownership rights to a field wide gas pipeline and gathering system that offers two independent taps to the interstate gas transmission system.
At current prices, the Company projects its cash flow from the project to be $7,500 per day or approximately $225,000 per month from the 19 active wells.
The Company recently advanced a $500,000 non-refundable deposit and will select debt financing being offered from several financial institutions to complete the purchase prior to December 01, 2005. Immediately thereafter, an aggressive well recompletion program that is designed to increase daily oil production to over 240 barrels/day and 2,250 mcf of gas/day over the next 12 months will begin. Concurrent with the well recompletion program, 3D seismic will be acquired over the field which will be integrated into a full engineering simulation of the Hunton reservoir dynamics. Based on these advanced technical studies, the Company plans to drill horizontal wells for both oil and gas production to fully realize a possible upside potential of an additional 10 million barrels of oil and 10 BCF of gas reserves.
The 50-day EMA crossed over the 200-day EMA
around the middle of October.Volume back up today.
Moving out...moving on up ! ;D
BACK IN PLAY WITH HUGE VOLUME !!
This one is recently back on the rise.
Some big buying volume spikes. Great looking volume day.
Volume: 7,205,156
Avg Vol (3m): 776,532
Technicals
Record Price High
Most Actives
Record Price Break Out
Percentage Gainer
Last Price Quote is:
inf%above 13-day EMA
inf%above 50-day EMA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): $10.70
P/E Ratio: NA
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
Breakout.......With volume and price action.
Ascending Triangle (continuation) Pattern
On the rise....
Volume: 2,846,701
Avg Vol (3m): 887,240
• ENDEVCO INC Files SEC form 10KSB, Annual Report
EDGAR Online (Mon 5:02pm)
Link..... http://biz.yahoo.com/e/060417/ende.ob10ksb.html
Press Release Source: EnDevCo, Inc.
EnDevCo Announces Strong Revenue Growth
Tuesday April 17, 6:45 am ET
HOUSTON, TX--(MARKET WIRE)--Apr 17, 2007 -- EnDevCo, Inc. (OTC BB:ENDE.OB - News), the Energy Development Company, announced today that its recently filed 2006 SEC Form 10K-SB/A shows a 2,900% increase over 2005 revenues. The over $2 million revenue increase was largely generated by oil and gas sales from the Company's Short Junction Field (Short Junction or the Field) property. Short Junction is comprised of majority interests in the West and Central Short Junction Units and is a fully unitized, 12,000-acre field located in Oklahoma City, Oklahoma. The Field was originally developed by Conoco using vertical wells drilled on a 40-acre well spacing, resulting in oil and gas production from 270 active wells within the leasehold.
The Field currently maintains 24 oil wells and 2 gas wells which produce 205 barrels of oil equivalent (BOE) per day that represents a solid 70% increase in production from April-2006 to April-2007. EnDevCo intends to begin its Short Junction horizontal drilling campaign in May to further increase 2007 daily production by approximately 3,500 barrels of oil and 10,000 Mcf of gas. This increased production, with oil priced at $60/bbl and $6 Mcf natural gas prices, would provide EnDevCo with additional gross revenues of $5,750,000 per month.
Short Junction has also dramatically increased the proved reserves the Company can now book on its balance sheet. EnDevCo's proved reserves increased 12,250% from 1.6 million BOE in 2005 to 19.6 million BOE at 2006 year end.
Project financing for the Short Junction Field is being provided by GasRock Capital, LLC of Houston, Texas, in the form of a recently increased credit facility from $30 to $50 million. GasRock Capital provides "project-based financing" to the oil and gas industry by backing proven management teams that identify high quality projects such as EnDevCo's Short Junction Field. Project-based financing, which is difficult to obtain for an emerging company trading on the OTC BB in the United States, has absolutely no negative effect on ENDE's capital (or share) structure.
The previous numbers are strictly summaries, or portions, of the complete audited financials for EnDevCo's fiscal year 2006. The entire 10K-SB is available online, in the EDGAR document retrieval system, via www.edgar-online.com.
EnDevCo, Inc. is a dynamic and growing energy company. EnDevCo maintains offices in Houston and Dallas, Texas. For more information on EnDevCo, please visit www.endevcoinc.com.
This press release includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives, and goals of EnDevCo, Inc. management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include, but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. The forward-looking statements contained in this report are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
Contact:
EnDevCo, Inc.
Tom Cloutier
Investor Relations Director
(760) 832-2412
[email protected] Additional Investor Information and Assistance is available via:
Equiti-trend Advisors LLC
(800) 953-3350
--------------------------------------------------------------------------------
Source: EnDevCo, Inc.
Back on the rise........A break through the 50-day MA,
Put in a nice little base over the last month or so.
This one is recently back on the rise, big.
With News, EnDevCo Announces Strong Revenue Growth !
EnDevCo Featured in Exclusive Interview With WallSt.net...
Some big buying volume spikes time to time.
52wk Range: 0.02 - 0.10
Volume: 5,084,000
Avg Vol (3m): 388,306
Technicals
Most Actives
Percentage Gainer
Press Release Source: WallStreet Direct, Inc.
EnDevCo Featured in Exclusive Interview With WallSt.net
Thursday April 12
NEW YORK, April 12 /PRNewswire/ -- On April 11, Chris A. Dittmar, Chief Executive Officer for EnDevCo, Inc. (OTC Bulletin Board: ENDE - News) updated the investment community in an exclusive interview with www.wallst.net . Topics covered in the interview include an overview of the Company and the markets it serves, recent press releases, current capitalization, and upcoming strategic and financial milestones.
To hear the interview in its entirety, visit www.wallst.net , and click on "Interviews". The interview can be accessed either by locating the Company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews" section of the site, or by entering the Company's ticker symbol in the Search Archive window.
About EnDevCo, Inc.
EnDevCo is a shortened version for the "Energy Development Company" and is primarily engaged in the exploration and production of oil and gas. EnDevCo's main operation is the Short Junction Field ("Field") located in Oklahoma City, Oklahoma. The 12,000 acre fully unitized Field currently consists of 24 oil wells and 2 gas wells, 4 central collection and metering stages and 4 salt water disposal wells. The Field is currently producing 205 barrels of oil equivalent (BOE) per day comprised of 115 barrels of oil and 542 Mcf of gas which represents a solid 70% production increase from April 13, 2006 to March 31, 2007. The Field's proven reserves were recently evaluated by DeGolyer & MacNaughton at 18,475,953 barrels of gross oil and 52,834,152 Mcf of gross gas for total gross proven reserves of 27,281,645 BOE. The Company is preparing to commence a drilling campaign which includes 94 horizontal wells to access the majority of these reserves. The Company holds full ownership rights to a field wide gas pipeline and gathering system that offers two independent taps to the interstate gas transmission system. The Company also has interests in the Gulf of Mexico and Colombia. EnDevCo has offices in Houston and Dallas, Texas and for more information visit its web site at www.endevcoinc.com .
About WallSt.net
www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. www.wallst.net offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small and mid-sized publicly traded companies. We are expecting to receive two hundred eighty dollars from EnDevCo, Inc. for the dissemination of this press release. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050927/LATU121LOGO)
--------------------------------------------------------------------------------
Source: WallStreet Direct, Inc.
"ENDE.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;D
All history on a stock pick in 1 thread is awesome. ;)
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock. :( ::)
Thank You....and good luck with all your trades....make some $$$ ;)