The boat has sailed!
25% Institution holdings
http://stockcharts.com/def/servlet/SC.web?c=cnr
Massive insider sale at 1.26.
Stocky......Did that take place today?
have some movement.
may be if this thing stay above that 200day ma, it may do something .
would like to see some volume.
I'm in the Green.
I got myself into trouble with this,Finally out of the red.
This is one crazy looking chart.
Active in the pre-market
+23.77%......Volume.....109,300
End of day chart Thursday 25 August
Q2 2005 CanArgo Energy Earnings Release - Time Not Supplied
CCBN (Wed, Aug 10)
http://biz.yahoo.com/research/earncal/20050810.html?t=cnr
********************************************************
Press Release Source: CanArgo Energy Corporation
CanArgo Energy Corporation: Q2 Results 2005
Tuesday August 9, 7:09 pm ET
GUERNSEY, British Isles--(BUSINESS WIRE)--Aug. 9, 2005--CanArgo Energy Corporation ("CanArgo" or the "Company") (OSE:CNR) (AMEX:CNR - News) today reported results for the three and six months ending June 30, 2005.
Please see the attached results.
The Form 10-Q can be accessed at the following link;
http://www.sec.gov/Archives/edgar/data/310316/000115697305001304/00011 56973-05-001304-index.htm
CanArgo is an independent oil and gas exploration and production company with its principal oil and gas operations currently located in the Republic of Georgia. Further information on the Company as set forth in the Company's public filings is available at http://www.sec.gov.
The matters discussed in this press release include forward looking statements, which are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated in such forward looking statements. Such risks, uncertainties and other factors include the uncertainties inherent in oil and gas development and production activities, the effect of actions by third parties including government officials, fluctuations in world oil prices and other risks detailed in the Company's reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission. The forward-looking statements are intended to help shareholders and others assess the Company's business prospects and should be considered together with all information available. They are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company can not give assurance that the results will be attained.
Press Release Source: CanArgo Energy Corporation
CanArgo Energy Corporation: M11Z Appraisal Well Reaches TD
Friday August 26, 4:52 am ET
TBILISI, Georgia--(BUSINESS WIRE)--Aug. 26, 2005--CanArgo Energy Corporation ("CanArgo") (AMEX:CNR - News; OSE:CNR) today announced that the Manavi appraisal well, M11Z, has reached a total depth (TD) of 4,570 metres (14,993 feet) and is being prepared for testing.
The primary Cretaceous limestone target was encountered at 4,277 metres (14,032 feet) measured depth (MD), some 70 metres MD higher than in this original M11 well. The M11Z well has been deviated to a location some 600 metres (0.37 miles) away from the original hole. Drilling data and slim hole wireline logs indicate the presence of hydrocarbons. The secondary Middle Eocene target zone (which is the main reservoir in the Ninotsminda and Samgori Fields) which was encountered at 3,965 metres (13,009 feet) MD, was also significantly higher than in the M11 well, and with a much thicker section, also with hydrocarbons being indicated from drilling data and slim hole wireline logs. The Middle Eocene and Cretaceous reservoirs appear to be part of the same pressure system.
The original production test on the Manavi M11 discovery well in 2003 was prematurely terminated due to the collapse of the production tubing due to pressure during testing. Prior to this, during the initial clean-up, good flow rates were observed from the well, although un-metered, with 34.4 degrees API oil being recovered. CanArgo believes that the M11 Cretaceous oil discovery has potential to be one of the most significant oil discoveries made recently in the Southern Caucasus. Over 150 metres (490 feet) of hydrocarbon bearing Cretaceous limestone reservoir was encountered, with the top at 4,348 metres (14,265 feet).
At M11Z, the small hole size has prevented the running of a normal open hole log suite to ascertain reservoir characteristics and hydrocarbon saturations. Nonetheless a Pulsed Neutron Neutron log suite has been run which indicates the presence of hydrocarbons. However these data require confirmation from the planned flow test. Currently a pre-perforated 2 7/8 inch (73 mm) liner is being prepared for the test. Testing is expected to commence during September once the rig is demobilised and testing equipment installed.
The Saipem Ideco E-2100Az drilling rig (equipped with a top-drive drilling system and using a Baker-Hughes oil-based mud system) is now being mobilised to the MK72 Norio exploration well. The UralMash Rig which has been drilling this well has had difficulty drilling through a highly over-pressured section of swelling clays above the prognosed target zone and the Saipem Rig with its oil-based mud system has successfully drilled through a similar section in the M11Z well. It is planned to use the Saipem rig to drill to the prognosed target zone, which should take approximately one month from when drilling commences in late September. Given success it would be planned to run 5 inch (127 mm) casing at the top of the target zone and then move the Saipem rig to commence drilling of the Manavi M12 appraisal well (the second appraisal well on the Manavi discovery), using the UralMash rig with Baker-Hughes slim hole drilling equipment to complete the MK72 well.
On the Ninotsminda Field CanArgo Rig #2 has been mobilised to the N100 well location to commence drilling of a new horizontal development well (N100H2). The Baker-Hughes directional drilling equipment required to commence drilling operations is expected to arrive in Georgia within the next month.
In Kazakhstan, CanArgo currently owns interests in the proven Kyzyloy Gas Field, and in large exploration areas in the western part of the country close to the Aral Sea.
The first of the five exploration wells (AKK103) planned on the Akkulkovsky area has reached TD and wireline logs indicate the presence of gas bearing sands in the well. Casing has been run and the well suspended for a planned production test in late September, as part of a broader testing program including wells on the Kyzyloy Field. The rig is now being moved to the next location (AKK105), and it is planned to mobilise a second drilling rig to accelerate the exploration / appraisal program.
Dr. David Robson, Chief Executive Officer said, "We are very pleased to have reached TD successfully on the M11Z appraisal well. We now look forward with great anticipation to the testing program and the results, which we should have in September."
CanArgo is an independent oil and gas exploration and production company with its oil and gas operations currently located in the Republic of Georgia and the Caspian area.
The matters discussed in this press release include forward-looking statements, which are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated in such forward-looking statements. Such risks, uncertainties and other factors include the uncertainties inherent in oil and gas development and production activities, the effect of actions by third parties including government officials, fluctuations in world oil prices and other risks detailed in the Company's reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission. The forward-looking statements are intended to help shareholders and others assess the Company's business prospects and should be considered together with all information available. They are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company cannot give assurance that the results will be attained.
--------------------------------------------------------------------------------
Contact:
CanArgo Energy Corporation
Julian Hammond
Investor Relations Manager
+44 7740 576 139
Fax: +44 1481 729 982
[email protected] OR
NORWAY
Gambit H&K AS
Regina Jarstein
+ 47 95213451
OR
USA
CEOcast.com
Michael Wachs
+1 212 732 4300
--------------------------------------------------------------------------------
Source: CanArgo Energy Corporation
Support @ $1.37...1.32...1.24
Resistance @ $1.81
MACD and Stochastic are bullish
Technicals
Most Actives
Percentage Gainer
Last Price Quote is:
above 13-day EMA
above 50-day EMA
RS Rating: 99
Market Cap (M): $292.70
On the move in pre market
+19.18%........Volume.......97,300
8)
Let's see if its got legs to go higher ???
hummmm...Maybe this 50/200 day crossover..."The Golden Cross" will help.
looking at a 2 year chart CNR is going up and down.
why isn't it steadier?
any idea?
its just a question. i am interested.
-rocket8
Quote from: rocket8 on September 17, 2005, 03:44:44 AM
looking at a 2 year chart CNR is going up and down.
why isn't it steadier?
any idea?
its just a question. i am interested.
-rocket8
I have no ideal rocket8.But here is some news that came out on 01Sept. That I have not
posted .Read it over maybe this can answer our questions.
http://biz.yahoo.com/bw/050901/15282.html?.v=1
50-day MA crossover the 200-day MA
Keeps moving to the upside....... ;D
Moving to the up side in the pre-market
CANARGO ENERGY CORP (AMEX:CNR) Delayed quote data
Pre-Market (RT-ECN): 1.52 0.08 (5.56%)
Last Trade: 1.44
Trade Time: Dec 13
Change: 0.00 (0.00%)
Prev Close: 1.44
Open: N/A
Bid: N/A
Ask: N/A
1y Target Est: N/A
Day's Range: N/A - N/A
52wk Range: 0.65 - 2.25
Volume: 101,700
Avg Vol (3m): 1,601,180
Market Cap: 320.51M
P/E (ttm): N/A
EPS (ttm): -0.05
Div & Yield: N/A (N/A)
Press Release Source: CanArgo Energy Corporation
CanArgo Energy Corporation: Update on Norio Exploration Well
Wednesday December 14, 8:33 am ET
TBILISI, Ga.--(BUSINESS WIRE)--Dec. 14, 2005--CanArgo Energy Corporation ("CanArgo") (OSE:CNR)(AMEX:CNR - News) today gave an update on the Norio MK72 exploration well in Georgia.
The well is currently at a depth of 4,900 metres (16,072 feet) having encountered what is believed to be the top of the Middle Eocene primary target zone at 4,812 metres (15,787 feet). During drilling of this reservoir interval with lower weight water-based mud, oil, gas and condensate shows have been encountered with hydrocarbons being observed at surface. Currently we are working to free the bottom-hole assembly prior to drilling ahead.
It must be stressed that the oil and gas indications being observed in this well do not necessarily mean that this reservoir will prove to have commercially produceable hydrocarbons. Further data will be required including wireline logs and flow test data prior to any firm conclusions being drawn. In addition there remain the usual technical risks in completing a deep well with a slim hole such as this.
CanArgo also announced that the Manavi M12 appraisal well has been spudded and is currently drilling ahead at a depth of 106 metres (348 feet).
CanArgo is an independent oil and gas exploration and production company with its oil and gas operations currently located in the Republic of Georgia and in Kazakhstan.
The matters discussed in this press release include forward-looking statements, which are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated in such forward-looking statements. Such risks, uncertainties and other factors include the uncertainties inherent in oil and gas development and production activities, the effect of actions by third parties including government officials, fluctuations in world oil prices and other risks detailed in the Company's reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission. The forward-looking statements are intended to help shareholders and others assess the Company's business prospects and should be considered together with all information available. They are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company cannot give assurance that the results will be attained.
A registration statement relating to a proposed secondary offering of shares of the Company's common stock has been filed with the United States Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. CanArgo Energy Corporation (AMEX:CNR - News; OSLO STOCK EXCHANGE:CNR)
Contact:
CanArgo Energy Corporation
Julian Hammond
Investor Relations Manager
+44 7740 576 139
Fax: +44 1481 729 982
Email:
[email protected]OR
Gambit H&K AS
NORWAY
Regina Jarstein
+ 47 95213451
OR
CEOcast.com
USA
Michael Wachs
+1 212 732 4300
--------------------------------------------------------------------------------
Source: CanArgo Energy Corporation
HEADLINES
January News Headlines Link....... http://finance.yahoo.com/q/h?s=CNR
• CANARGO ENERGY CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
EDGAR Online (Wed, Jan 25)
• CanArgo Energy Corporation: $13 Million Convertible Financing Announced
Business Wire (Mon, Jan 23)
• [$$] Stocks Retreat Across the Region
at The Wall Street Journal Online (Thu, Jan 12)
• CANARGO ENERGY CORP Files SEC form 8-K, Entry into Material Agreement, Regulation FD Disclosure, Financial Statements
EDGAR Online (Wed, Jan 11)
• CanArgo Energy Corporation: Press Release Correction
Business Wire (Mon, Jan 9)
• CanArgo Energy Corporation: Kazakhstan Gas Contract Signed
Business Wire (Mon, Jan 9)
Hold for 2006.
Let us see if it can breakout the the upside from this
Ascending Triangle (Continuation) Pattern
Should have run already with rest of oil and gas plays, IMHO.
The gas supply contract, which has a term until June 2014, is based on a take-or-pay principle and covers all gas produced from the Kyzyloi Field Production Contract area.
Been moving.
Put a Double bottom in......
Having outstanding volume days...
Volume: 4,014,400
Avg Vol (3m): 708,038
Technicals
Most Actives
Percentage Gainer
RS Rating: 98
No posts on CNR ???
Man what a run :)
CNR is here.. delete that one & post it here ;)
Sorry, did a search and came up empty. ::)
Nice looking chart.
moving north again....
Volume: 2,005,900
Avg Vol (3m): 923,016
52wk Range: 0.61 - 2.25
Let's see if the Golden Cross will help...
"CNR" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;D
All history on a stock pick in 1 thread is awesome. ;)
Thank You....and good luck with all your trades....make some $$$ 8)
Press Release Source: CanArgo Energy Corporation
CanArgo Energy Corporation: Manavi 12 Reaches Total Depth
Monday December 18, 12:15 am ET
TBILISI, GEORGIA--(MARKET WIRE)--Dec 18, 2006 -- CanArgo Energy Corporation (AMEX:CNR - News) (OSE: CNR) ("CanArgo") today announced that it has completed drilling on its Manavi 12 appraisal well in Georgia reaching total depth ("TD").
The M12 well was drilled to a depth of 16,762 feet (5,109 metres) in the Cretaceous interval to appraise the oil discovery made by the Manavi M11 exploration well in 2003. Electric logs have been run and preliminary log analyses indicate a potentially significant hydrocarbon column in the well with no definitive presence of a hydrocarbon-water contact. The upper carbonate section appears to have the best reservoir characteristics and had good hydrocarbon shows whilst drilling. The testing programme will focus on this interval, and also on the upper part of the underlying interbedded section and an 886 feet (270 metre) section of the well will be tested through a pre-perforated liner. Once the liner is run, it is planned to perform a short initial production test to gain interim flow and fluid data prior to demobilising the Saipem rig. The initial test is expected to be completed by the end of this year and the well will be more comprehensively tested as part of a longer-term production test commencing late January after the rig has been cleared from the site and appropriate additional testing equipment installed.
CanArgo is an independent oil and gas exploration and production company with its oil and gas operations currently located in Georgia and in the Republic of Kazakhstan.
The matters discussed in this press release include forward-looking statements, which are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated in such forward-looking statements. Such risks, uncertainties and other factors include the uncertainties inherent in oil and gas development and production activities, the effect of actions by third parties including government officials, fluctuations in world oil prices and other risks detailed in the Company's reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission. The forward-looking statements are intended to help shareholders and others assess the Company's business prospects and should be considered together with all information available. They are made in reliance upon the safe harbour provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company cannot give assurance that the results will be attained.
Contact:
Contacts:
USA
CanArgo Energy Corporation
Sabin Rossi, VP External Affairs and Investor Relations
(617) 669-1841
(617) 973-6406 (FAX)
Email:
[email protected] NORWAY
Gambit H&K AS
Eric Cameron
+47 (22) 048206
--------------------------------------------------------------------------------
Source: CanArgo Energy Corporation
MACD bouncing off center line,
gap up and out of the Symmetrical Triangle (continuation) Pattern.
52wk Range: 0.61 - 1.59
Volume: 1,441,100
Avg Vol (3m): 747,268
Looks like the move is picking up some steam again.
52wk Range: 0.61 - 1.59
Volume: 806,500
Avg Vol (3m): 719,673
Technicals
Record Price High
Most Actives
Record Price Break Out
Percentage Gainer
RS Rating: 80
Fundamentals
Key Data:
Market Cap (M): $292.70
In After Hours trading Friday 09/07/2007
This one was up 34.15% to $1.10