3SOF

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......

+53.85%..........Volume @.........2,535,210

looking to get some @.035

Looks like we caught fire !!! 

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 !!! 

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. 

That an "ok" move today set  (applaud)  I hope you lock in profits 

Quote from: eliteG on November 03, 2005, 04:27:26 PM
That an "ok" move today set (applaud) I hope you lock in profits

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.

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 !!!

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.