3SOF

Anyone following MSEV?

Moving on this morning

Press Release Source: Micron Enviro Systems, Inc.


Micron in Negotiations to Acquire Alberta Oil Sands Property
Wednesday February 1, 8:40 am ET


VANCOUVER, British Columbia, Feb. 1, 2006 (PRIMEZONE) -- Micron Enviro Systems, Inc. (OTC BB:MSEV.OB - News) wishes to report that it has entered into negotiations to acquire oil sands assets in Alberta, Canada. A final decision on this exciting new project is expected within 14 days.
 

According to the Canadian Association of Petroleum Producers web site, production from Canada's vast oil sands reserves now exceeds 1 million barrels per day and is forecast to increase to 2.7 million barrels per day by 2015. Reserves exceed 175 billion barrels of economically viable oil. With current technology, Canada's oil sands are second only to Saudi Arabia in global oil reserves. Capital spending on both in situ areas (too deep to mine) and mining projects in the oil sands totaled more than $28 billion US from 1996 to 2004. Canadian companies spent close to $7 billion US on oil sands capital investment in 2005. There are close to 35 projects in the planning or expansion process.

According to a report by 60 Minutes on the Alberta Oil Sands there are 175 billion barrels of proven oil reserves here. That's second to Saudi Arabia's 260 billion but it's only what companies can get with today's technology. The estimate of how many more barrels of oil are buried deeper underground is staggering. ``We know there's much, much more there. The total estimates could be two trillion or even higher,'' says Clive Mather, Shell's Canada chief. ``This is a very, very big resource.'' Very big? That's eight times the amount of reserves in Saudi Arabia. The oil sands are buried under forests in Alberta that are the size of Florida. The oil here doesn't come gushing out of the sand the way it does in the Middle East. The oil is in the sand. It has to be dug up and processed.

Bernie McDougall, President of Micron stated, ``We feel that the Alberta Oil Sands are going to be the future of oil and gas production in North America and the best way to maximize shareholder value is for MSEV to participate in this area. Going forward we have every intention to start to acquire oil sand assets. This is a very exciting time to be an oil and gas company, with prices at near historic highs and we are pleased to be back actively looking for assets to grow MSEV.''

MSEV is an emerging oil and gas company that has both oil and gas producing properties. MSEV's goal is to become a junior oil and gas producer that focuses on the exploration, discovery and delivery of gas and oil to the North American marketplace. MSEV currently has 15 independent sources of oil and/or gas revenue. MSEV's production is from nine oil wells in Canada, and six wells producing oil and/or gas wells in Texas. MSEV is presently involved in multiple oil and gas prospects, and continues to look for additional projects that would contribute to building MSEV's market capitalization.

If you have any questions, please call MSEV at (604) 646-6903. If you would like to be added to MSEV's update email list, please send an email to [email protected] requesting to be added.

This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as ``may,'' ``should,'' ``expects,'' ``plans,'' ``anticipates,'' ``believes,'' ``estimates,'' ``predicts,'' ``potential'' or ``continue'' or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Readers are referred to the sections entitled ``Risk Factors'' in the Company's periodic filings with the United States Securities and Exchange Commission, which can be viewed at http://www.sec.gov. For all details regarding working interests in all of MSEV's oil and gas prospects or any previous news releases go to the SEC website. You should independently investigate and fully understand all risks before making investment decisions.


Contact:
          Micron Enviro Systems, Inc.
          Bernie McDougall
          TEL: (604) 646-6903
          Fax:  (604) 689-1733
          [email protected]
          www.micronenviro.com


--------------------------------------------------------------------------------
Source: Micron Enviro Systems, Inc.

Zoom Zoom Zoom....

MICRON ENVIRO SYSTEM (OTC BB:MSEV.OB) Delayed quote data 

Last Trade: 0.069
Trade Time: 3:45PM ET
Change:  0.026 (60.47%) 
Prev Close: 0.043
Open: 0.046
Bid: 0.069 x 5000 
Ask: 0.07 x 5000 
1y Target Est: N/A

  Day's Range: 0.005 - 0.07
52wk Range: 0.009 - 0.125
Volume: 20,782,200
Avg Vol (3m): 1,141,590
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): N/A
Div & Yield: N/A (N/A)

Hey Setravis!

I saw the news come in...and just watched it ..then i new it would run further when it surpassed its hod in the pm..but, didn't act on it...as i messed up with ADZR and didnt feel confident anymore after my loss on ADZR..so just watched it run without me.

But, do u think it still has more steam for tomorrow? Any thoughts on a target?

thanks..i'm sure u got in at a decent price....good for you!

julia

I think this thing is due a pullback.
It is looking very much top heavy, RSI, Stochastic,MACD
I was looking at a target of 0.09 myself, but I don't think it will get this before a pullback.
IMHO of course, Do be careful now.

Support @ 0.05...0.04...0.03
Resistance @ 0.07...0.08...0.12

MACD is Bullish
Stochastic is Bullish

Recent CandleStick Analysis
Bullish
Jan-30-2006 Bullish Engulfing

Thanks Setravis for your response!!!

And i just noticed that a form 14/A came in after hours...not sure what these are, but here is the link to the latest sec filings which include an S-8...never know how to interpret these and if anyone would like to shed any light on how they could affect the pps..that would much appreciated.

here is the link to the sec filings:

http://www.nasdaq.com/asp/quotes_sec.asp?mode=&kind=&symbol=DIAAF&symbol=AVNT&symbol=MSEV&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=filings&selected=MSEV



thanks!!

juila

Nice day,just have time to leave end of the day chart.

Quote from: setravis on February 01, 2006, 06:06:21 PM
I was looking at a target of 0.09 myself, but I don't think it will get this before a pullback.
IMHO of course, Do be careful now.

This thing just may make that target, has surprised me! 
May break through that 0.09...we shall see !!   

Setravis, ur target of .09 is quickly approaching...and with this news...just might get there in a hurry

Not in myself of course ...but, good luck to you....looking good!

Tuesday, February 07 2006 8:45 AM, EST

Micron Signs New Alberta Multi Well Drill Program >VANCOUVER, British Columbia, Feb. 7, 2006 (PRIMEZONE) -- Micron Enviro Systems, Inc. (OTCBB:MSEV) is extremely pleased to report that it has entered into a participation agreement to drill at least one gas well in Alberta, Canada. According to the operator, the first well on this prospect is expected to commence drilling within 14 days, barring any unforeseen issues. If the first well is successful, the operator plans to drill up to four wells per section. A well has been drilled and cased three quarters of a mile away that tested 3.4 million cubic feet of gas per day.

In other news, a decision to fund and enter into a prospective oil sands project in Alberta, Canada is expected before February 15, 2006.

According to the Canadian Association of Petroleum Producers web site, production from Canada's vast oil sands reserves now exceeds 1 million barrels per day and is forecast to increase to 2.7 million barrels per day by 2015. Reserves exceed 175 billion barrels of economically viable oil. With current technology, Canada's oil sands are second only to Saudi Arabia in global oil reserves. Capital spending on both in situ areas (too deep to mine) and mining projects in the oil sands totaled more than $28 billion US from 1996 to 2004. Canadian companies spent close to $7 billion US on oil sands capital investment in 2005. There are close to 35 projects in the planning or expansion process.

Bernie McDougall, President of Micron stated, "Things are really starting to get exciting for MSEV. We have secured a new gas drill program that should be commencing operations within 2 weeks. When you couple this new exciting gas drill program with our ongoing negotiations on the Alberta Oil Sands, we feel that MSEV is now turning a corner. With oil and gas prices where they are, it is a tremendous time to be an oil and gas producing company and a great time to start new drill projects."

MSEV is an emerging oil and gas company that has both oil and gas producing properties. MSEV's goal is to become a junior oil and gas producer that focuses on the exploration, discovery and delivery of gas and oil to the North American marketplace. MSEV currently has 15 independent sources of oil and/or gas revenue. MSEV's production is from nine oil wells in Canada, and six wells producing oil and/or gas wells in Texas. MSEV is presently involved in multiple oil and gas prospects, and continues to look for additional projects that would contribute to building MSEV's market capitalization including the oil sands of Canada.

If you have any questions, please call MSEV at (604) 646-6903. If you would like to be added to MSEV's update email list, please send an email to [email protected] requesting to be added.

Quote from: gmarc66 on February 07, 2006, 08:50:09 AM
Setravis, ur target of .09 is quickly approaching...and with this news...just might get there in a hurry

Not in myself of course ...but, good luck to you....looking good!

In the words of the immortal Forest Gump......."I think it hit my target"!   

anyone confident of the potential from here...nice 5 bagger over the past month, but can it sustain?

U rock Setravis!! wow...u must of did amazingly...good for you!

Closed up 60% today on the news....very very pretty.


glta

julia

Nice break out today  - there are so many penny stocks now that are really doing great  - what fun

http://stockcharts.com/def/servlet/SC.web?c=msev,uu[e,a]daclyyay[dc][pc50!c200!d20,2!c9!f][vc60][ila10,20,5!lb14!lh14,3][J70180372,Y]&listNum=21

Bought this yesterday @ .121 right before the close.  This is such a nice chart - MAs below stock price, continued upward movement and high volume.  Let's see what it can do!