3SOF

Another energy stock is up today, 12%.  IVAN.  Do you think this stock will continue to rise over the next few days?

Jeff

I have lost some good money on this one. Dont like it

Is it ready to pop?  link to chart.  THX

http://stockcharts.com/def/servlet/SC.web?c=ivan,uu[l,a]dacayyay[dc][pb50!b200][vc60][iUb14!La12,26,9]&pref=G

IVAN is in possible chart reversal mode -- or at least positioned to make a nice bounce off of the recent very heavy sell off.  Keep it on your radar.

Quote from: Stocksquire on December 23, 2005, 01:55:46 PM
IVAN is in possible chart reversal mode -- or at least positioned to make a nice bounce off of the recent very heavy sell off.  Keep it on your radar.

I tend to agree with Stocksquire here.
Look at the change in volume the last trading day we had.
Volume: 4,141,842
Avg Volume (3m): 986,406
Something is up there.
Macd is Bullish
Stochastic turned north, coming out of oversold.

Recent CandleStick Analysis
Very Bullish
Dec-23-2005 Bullish Engulfing 

Looks good.....I'm in at 1.08!

Also in @ 1.07 since yesterday, 12/27

Press Release   Source: Ivanhoe Energy Inc.

Mitsubishi Gas Chemical farms into Ivanhoe Energy's Sichuan Gas Project in China
Tuesday January 3, 8:16 am ET

BEIJING, China, Jan. 3 /PRNewswire-FirstCall/ - Ivanhoe Energy Inc. (NASDAQ: IVAN and TSX: IE, IE.U), indirectly through its wholly-owned subsidiary Sunwing Zitong Energy Ltd., has farmed out 10% of its exploration and development contract for the Zitong Block in China's Sichuan Basin to Mitsubishi Gas Chemical Company, Inc. of Japan.

Mitsubishi will pay Sunwing US$4 million for a 10% interest in the project, subject to approval of the farm-out by China National Petroleum Corporation (CNPC) and PetroChina Company Limited. Mitsubishi has the option to increase its participating interest to 20% by paying US$400,000 plus costs per percentage point prior to any discovery, or $8 million plus costs for an additional 10% interest after completion and testing of the first well drilled under the farmout agreement.

"The agreement with Mitsubishi provides additional funding to continue our exploration drilling activities in the Sichuan basin," said Leon Daniel, Ivanhoe Energy President and CEO. "The US$4 million that we will receive under the agreement will be used toward drilling our second exploratory well in the basin in 2006."

Sunwing has a 100% working interest in a 30-year production-sharing contract with CNPC, signed in September 2002, to commercially develop the Zitong Block. Sunwing and Mitsubishi will receive approximately 75% of any net project revenues before payout and approximately 45% after payout. PetroChina, a subsidiary of CNPC, may elect to participate, through a working interest of up to 51%, in any development of the project.

Ivanhoe Energy was obligated to conduct a minimum exploration program during the first three years of the Zitong Block contract ending December 1, 2005 (Phase 1). The Phase 1 work program included acquiring approximately 300 miles of new seismic lines, reprocessing approximately 1,250 miles of existing seismic and drilling 7,000 meters (22,966 feet). The first well, drilled earlier this year, reached a total depth of 9,022 feet. Based on log analysis, no commercial volumes of hydrocarbons were conclusively detected and the well was suspended.

Ivanhoe Energy has completed Phase 1, with the exception of drilling approximately 13,800 feet. Ivanhoe Energy has received approval from CNPC for an extension to May 31, 2006, and CNPC has advised they will grant an additional six-month extension if additional time is required, to fully evaluate and drill a second Phase 1 exploration well. Following the second Phase 1 exploration well, a decision will be made jointly with Mitsubishi on entering the next three-year exploration phase.

The Sichuan Basin, in Southwestern China approximately 930 miles southwest of Beijing, is the country's largest gas-producing region - with a natural gas resource potential estimated by Chinese officials to be 260 trillion cubic feet. There is a strong and growing market for natural gas in Sichuan, with approximately 120 million people living within the basin. An existing gas transportation grid is close to the project and a major natural gas trunk line, with initial capacity in excess of 200 million cubic feet per day, recently was completed to transport gas from the Sichuan Basin to Eastern China. Under existing delivery contracts, the wellhead price of gas destined for residential and commercial consumers is currently regulated in the range of US$2 to US$3.25 per thousand cubic feet; however recent announcements by the National Reform and Development Commission of the Chinese government indicate that natural gas prices in China will be deregulated in the near future.

Mitsubishi Gas Chemical Company, Inc. is a diversified Japanese natural gas, chemicals and advanced materials company with operations around the world. Mitsubishi's 2004 net sales were US$3.2 billion, its total assets were US$4.1 billion and it had over 4,400 employees worldwide.

Ivanhoe Energy is an independent international oil and gas exploration and development company building long-term growth in its reserve base and production. Ivanhoe Energy is a leader in technologically innovative methods designed to significantly improve reserves of oil and gas through the upgrading of heavy oil to light oil, state-of-the-art drilling techniques, enhanced oil recovery (EOR) and the conversion of natural gas to liquids (GTL). Core operations are in the United States and China, with business development opportunities worldwide.

Ivanhoe Energy trades on the NASDAQ Capital Market with the ticker symbol IVAN and on the Toronto Stock Exchange (TSX) with the symbol IE. On the TSX, Ivanhoe Energy is listed and traded in both Canadian and U.S. dollars. The U.S. dollar trading symbol on the TSX is IE.U.

    Information contacts:
    ---------------------
    All locations:   Cindy Burnett 1-604-331-9830 (North America)
    In Asia:         Patrick Chua 86-1370-121-2607 / 852-9193-4056
    Website:         www.ivanhoe-energy.com

FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements relating to the continued advancement of Ivanhoe Energy's projects, the success of ongoing exploration at Zitong, planned additional exploration, statements relating to anticipated capital expenditures and other statements which are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions relating to matters that are not historical facts are forward-looking statements. Although Ivanhoe Energy believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that the company's projects will experience technological and mechanical problems, geological conditions in reservoirs may not result in commercial levels of oil and gas production, the availability of drilling rigs and other support services, uncertainties about the estimates of reserves, the risk associated with doing business in foreign countries, environmental risks, changes in product prices, our ability to raise capital as and when required, competition and other risks disclosed in Ivanhoe Energy's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on EDGAR and the Canadian Securities Commissions on SEDAR.

RESERVES DATA AND OTHER OIL AND GAS INFORMATION: Ivanhoe Energy's disclosure of reserves data and other oil and gas information is made in reliance on an exemption granted to Ivanhoe Energy by Canadian securities regulatory authorities, which permits Ivanhoe Energy to provide disclosure in accordance with U.S. disclosure requirements.

The information provided by Ivanhoe Energy may differ from the corresponding information prepared in accordance with Canadian disclosure standards under National Instrument 51-101 (NI 51-101). Further information about the differences between the U.S. requirements and the NI 51-101 requirements is set forth under the heading "Reserves, Production and Related Information" in Ivanhoe Energy's Annual Report on Form 10-K.

My take on IVAN....

cal 

Resistance at 1.21 (down trendline)

Quote from: calven on January 03, 2006, 10:05:10 AM
My take on IVAN....

cal

Resistance at 1.21 (down trendline)

Has made a break through the resistance you pointed out @ $1.21

You guys missed IVAN? ... HEAVY TRADING!!! volume 45 million

Press Release Source: Ivanhoe Energy Inc.


Ivanhoe Energy's Revolutionary Heavy-to-Light Oil Process Achieves Performance Goals as Commercial Tests Begin
Tuesday January 17, 8:43 am ET


BAKERSFIELD, CA, Jan. 17 /PRNewswire-FirstCall/ - Ivanhoe Energy Inc. (NASDAQ: IVAN and TSX: IE, IE.U) announced today that its revolutionary field- located heavy oil upgrading Commercial Demonstration Facility (CDF) in California has successfully achieved a number of important performance goals culminating in an extended run last week. The successful extended test follows a period of continual incremental enhancements to the CDF over recent months, during which the CDF was operated utilizing a variety of crude oils and operating criteria. Ivanhoe Energy will now begin testing crudes from potential partners with an initial focus on heavy crudes from California and Western Canada, including bitumen from Canada's Athabasca Tar Sands region.


"Following our acquisition of Ensyn Group Inc. and the heavy oil upgrading technology (HTL) in April 2005, we have successfully executed an extended program of technical and operational enhancements to the CDF," said Leon Daniel, Ivanhoe Energy's President and CEO. "These enhancements will allow us to proceed with the design and construction of crude-specific and site-specific full-scale 10,000 to 15,000 barrel per day facilities. We have a number of interested potential partners from around the world, including from the significant Athabasca tar sands region of Western Canada, as well as California, and we look forward to testing their crudes and working toward commercial agreements. We will provide details of our progress and arrange tours of the CDF as we move forward."

The CDF runs to date have successfully demonstrated a number of commercial configurations and processing alternatives, including both once-through and recycle modes of operation. A number of progressive HTL process enhancements have been validated during the CDF test program, including flue gas sulphur capture, heavy metals capture, and acidity reduction.

The CDF, the first of its kind in the world using Ivanhoe Energy's new proprietary heavy oil upgrading technology, is located in Aera Energy LLC's (Aera) Belridge heavy oil field near Bakersfield, California. Aera is a California limited liability company owned by affiliates of Shell and ExxonMobil.

Ivanhoe Energy's field located heavy oil upgrading technology has four key competitive advantages:


    -  It is field-located and effective at a relatively small minimum scale
       of 10,000 to 15,000 barrels per day;
    -  The value of the upgraded liquid product means the producer is able to
       capture the majority of the price differential between heavy and light
       crude oil;
    -  The upgraded product is easily transported by pipeline without the
       need for light blend oils; and
    -  The process generates significant on-site excess energy, replacing
       natural gas for production of steam and/or power used in heavy-oil
       recovery.

Ivanhoe Energy's HTL technology adds significant incremental value, flexibility, and risk avoidance to heavy oil producers in areas with existing infrastructure and alternative development options, such as Western Canada, and is also a unique option for the development of "stranded" heavy oil or tar sand deposits that cannot be produced due to lack of on-site energy or transportation challenges. Ivanhoe Energy's business plan is focused on the development of reserves and production, and intends to use its HTL technology as a critical, value-added tool in this regard.

Ivanhoe Energy is an independent international oil and gas exploration and development company building long-term growth in its reserve base and production. Ivanhoe Energy is a leader in technologically innovative methods designed to significantly improve reserves of oil and gas through the upgrading of heavy oil to light oil, state-of-the-art drilling techniques, enhanced oil recovery (EOR) and the conversion of natural gas to liquids (GTL). Core operations are in the United States and China, with business development opportunities worldwide.

Ivanhoe Energy trades on the NASDAQ Capital Market with the ticker symbol IVAN and on the Toronto Stock Exchange (TSX) with the symbol IE. On the TSX, Ivanhoe Energy is listed and traded in both Canadian and U.S. dollars. The U.S. dollar trading symbol on the TSX is IE.U.


    Information contacts:
    ---------------------
    All locations:      Cindy Burnett 1-604-331-9830 (North America)
    In Asia:            Patrick Chua 86-1370-121-2607 / 852-9193-4056
    Website:            www.ivanhoe-energy.com

FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements relating to the continued advancement of Ivanhoe Energy's projects, the potential for, future application of, and commercialization of Ivanhoe Energy's heavy oil upgrading technology and other statements which are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions relating to matters that are not historical facts are forward-looking statements. Although Ivanhoe Energy believes that its expectations reflected in these forward- looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that the company's projects will experience technological and mechanical problems, Ivanhoe Energy's process to upgrade bitumen and heavy oil may not be commercially viable, environmental risks, changes in product prices, our ability to raise capital as and when required, competition and other risks disclosed in Ivanhoe's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on EDGAR and the Canadian Securities Commissions on SEDAR.

--------------------------------------------------------------------------------
Source: Ivanhoe Energy Inc.

Took out the 200-dma rather easy.Big volume day.
Volume: 54,274,378
Avg Volume (3m): 1,304,850

Technicals
Most Actives
Gap Up
Percentage Gainer

Last Price Quote is:
69.71%above 13-day EMA
66.81%above 50-day EMA
RS Rating: 93 

Fundamentals
Key Data:
Market Cap (M): $317.02 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Hold

Dipped to 2.28 so got some back and so far ran up to 2.60 - these guys have good experience of PR. Will sell pretty soon I think and buy back a bit later

Press Release Source: Ivanhoe Energy Inc.


Conference Call Wednesday, January 18, to discuss Ivanhoe Energy's Heavy-to-Light Oil process
Wednesday January 18, 8:30 am ET


BAKERSFIELD, CA, Jan. 18 /PRNewswire-FirstCall/ - Ivanhoe Energy Inc. (NASDAQ: IVAN and TSX: IE, IE.U) will host a telephone conference call for investors and analysts today, Wednesday, January 18, at 4:00 p.m. EST (1:00 p.m. PST).


Briefings will be provided on the successful attainment of performance objectives by the company's Commercial Demonstration Facility in Southern California that is showcasing Ivanhoe's revolutionary heavy-oil upgrading technology (HTL). Ivanhoe Energy now is preparing to test crudes from potential partners, with an initial focus on heavy crudes from California and Western Canada, including bitumen from Canada's Athabasca Tar Sands region.

Keynote presenters will be Ed Veith, Vice President of Heavy Oil Upgrading, and Ian Barnett, Vice President of Corporate Finance and Business Development. Also participating in the call will be Ivanhoe Energy Chairman David Martin, Deputy Chairman Robert Friedland and President and Chief Financial Officer Leon Daniel.

The conference call may be accessed by dialing 1-866-540-8136 in Canada and the United States, or 416-340-8010 in the Toronto area and internationally. A simultaneous webcast of the conference call will be provided through www.ivanhoeenergy.com and www.newswire.ca/webcast. The conference call will be archived for later playback and may be accessed by dialing 1-800-408-3053 or 1-416-695-5800 and entering the pass code 3174625 followed by the number sign, or via www.ivanhoeenergy.com. The archived playback will be available until February 17, 2006.

Ivanhoe Energy is an independent international oil and gas exploration and development company building long-term growth in its reserve base and production. Ivanhoe Energy is a leader in technologically innovative methods designed to significantly improve reserves of oil and gas through the upgrading of heavy oil to light oil, state-of-the-art drilling techniques, enhanced oil recovery (EOR) and the conversion of natural gas to liquids (GTL). Core operations are in the United States and China, with business development opportunities worldwide.

Ivanhoe Energy trades on the NASDAQ Capital Market with the ticker symbol IVAN and on the Toronto Stock Exchange (TSX) with the symbol IE. On the TSX, Ivanhoe Energy is listed and traded in both Canadian and U.S. dollars. The U.S. dollar trading symbol on the TSX is IE.U.


    Information contacts:
    ---------------------
    All locations:        Cindy Burnett, 1-604-331-9830 (North America)
    In Asia:              Patrick Chua, 86-1370-121-2607, 852-9193-4056
    Website:              www.ivanhoe-energy.com

--------------------------------------------------------------------------------
Source: Ivanhoe Energy Inc.