3SOF

HI,

Technicals :
gap
ascending triangle breakout
volume spike

News :
First Petroleum Acquires Oil & Gas Lease in Uinta-Piceance Basin of Colorado
11/2/05       

NEW YORK, NY, Nov 02, 2005 (MARKET WIRE via COMTEX) --
First Petroleum & Pipeline Inc. (OTC: FPPL) has secured the rights to a Federal Oil & Gas Lease located on the Colorado side of the Uinta-Piceance Basin. The lease is located in Colorado's Mesa County, one of the states most active oil and gas regions.

The U.S. Geological Survey estimates there is upwards of 21 trillion cubic feet of undiscovered natural gas and 60 million barrels of undiscovered oil in the Uinta-Piceance Province of Colorado and Utah. This is one of the top 5 largest natural gas reserves in the U.S.

First Petroleum's core strategy is to focus on proven and producing oil and gas regions such as the Uinta-Piceance Province. By exploring in proven basins, the company is able to reduce exploration and development risks, and is thus able to better concentrate on company expansion and shareholder returns.

Colorado Oil & Gas

The total value of Colorado's oil & natural gas production in 2004 was $6.6 billion, a 35% increase over the 2003 value of $4.9 billion. For the second consecutive year, natural gas production in Colorado has exceeded 1 trillion cubic feet. In 2004, Colorado had proven crude oil reserves of 217 million barrels, including over 60,000 barrels per/day in physical production. Nearly every major producer and pipeline company in the U.S. is active within the State of Colorado; they include Amoco, Conoco and Unocal, among others.

First Petroleum and Pipeline Inc. First Petroleum (FPPL) is a growing oil and gas company actively engaged in the acquisition and development of oil and gas properties in Colorado, New Mexico and other U.S Midwest states. The Company is currently pursuing a diverse portfolio of high value, low risk energy projects such as opportunities in the Uinta-Piceance Basin, the San Juan Coalbed Methane play area, and the prolific oil and gas fields of the Permian Basin region. First Petroleum & Pipeline Inc. is a public company located in New York City and trades under the symbol of FPPL.

Buy at 0.22
target : 0.80 !!!

After hours news today could have a nice effect on the pps tomorrow.

Seb_spa...if you would be so kind as to put up one of your lovely charts...you do it so much better than I..u add technical details ..thank you!


2005-11-15 16:05:08 
First Petroleum Expands Colorado Oil & Gas Lease Program With Third Purchase 



New York, NY -- (MARKET WIRE) -- 11/15/05 -- First Petroleum & Pipeline Inc. (OTC: FPPL)
has secured the rights to its second Federal Oil & Gas Lease in the
Uinta-Piceance Basin in Western Colorado. This is the second lease purchase
in Colorado's Mesa County and the Company's third Federal Oil & Gas Lease
acquisition to date in Colorado.



Mesa County is located in one of Colorado's most active drilling regions.
The U.S. Geological Survey estimates there is upwards of 21 trillion cubic
feet of undiscovered natural gas and 60 million barrels of undiscovered oil
in the Uinta-Piceance Province of Colorado and Utah. This is one of the
largest natural gas reserves in the U.S.


The Company's core strategy is to focus on proven and producing oil and gas
regions such as the Uinta-Piceance Basin and surrounding areas. First
Petroleum believes in reducing exploration and development risks in order
to provide a better return for the company and shareholders.


Colorado Oil & Gas


The total value of Colorado's oil & natural gas production in 2004 was $6.6
billion; a 35% increase over the 2003 value of $4.9 billion. For the second
consecutive year, natural gas production in Colorado has exceeded 1
trillion cubic feet. In 2004 Colorado had proven crude oil reserves of 217
million barrels, including over 60,000 barrels per/day in physical
production. Nearly every major producer and pipeline company is active
within the State of Colorado; they include Amoco, Chevron, and Unocal among
others.

First Petroleum and Pipeline Inc.

First Petroleum (FPPL) is a growing oil and gas company actively engaged in
the acquisition and development of oil and gas properties in Colorado, New
Mexico and other U.S Midwest States. The Company is currently pursuing a
diverse portfolio of high value, low risk energy projects such as
opportunities in the Uinta-Piceance Basin, the San Juan Coalbed Methane
play area, and the prolific oil and gas fields of the Permian Basin region.
First Petroleum & Pipeline Inc. is a public company located in New York
City and trades under the symbol of FPPL.

hi Gmarc66...,

Thank you for your post..It is a pleasure to read your posts..

My first signal was at 0.22..Since price is fall at 0.059 !!! Personally, i close my positions for a lose next day of my recommendation. Indeed, a filled black candle appears..I am very careful with Penny stock.

I am going to buy another shares of FPPL (Cf. Doc Word)...
My strategy :
Buy at 0.059-0.080
First Target at 0.20
Stop loss at 0.043
Ratio = 333.33 / 37.2 = 8.96...Very good...

I hope Gmarc66 that you will find all informations you need for making a great trade with FPPL. Look at my chart and i am waiting for your comments 

PS : More comments : CCI and SlowStochastics show an oversold situation....

Hi Seb_Spa

Thanks for your chart!

Unfortunate that you lost on this before even though there was good news

I am not in FPPL,and will be watching it for now to see if the good news has any reaction. The price is now very low and most likely a good entry point, however, when the previous news, although good, did not have a positive effect on the pps then I would be wary of other news as well...as it may not help the pps...better to just watch first.

Good luck with your trades and its true....these pennies have minds of their own sometimes...never sure what they are going to do


julia

Awesome volume last 4 days.  Good close today above 50 day ma.

KA POW!!!!

Hey Av8trader and Sebfr!

Looking good this oil & gas stock...right place to be in these days.

I got in today, pretty much at the closing price...which is good imo...did have a nice morning gap and run...wish I had got in yesterday when I was watching it run , but figured its  not to late, still more to go.

glta

julia

Hey Julia.  Good close today huh?   

Next leg up

Next leg and them some.  Up over 200% today!!!   

Hi

This may be ready for another run - stockmarketgainers.com is pumping this stock.

http://stockcharts.com/h-sc/ui?s=fppl

Lalitha

Yes it is a nice bottom PLay i´m in!

this is hard shorted when it will go to 3 cent than squeezzzzzzzz

Quote from: waxweazle on July 14, 2006, 10:50:46 AM
Yes it is a nice bottom PLay i´m in!

this is hard shorted when it will go to 3 cent than squeezzzzzzzz

Did you buy today @.0065?
I am still watching.

Thanks,
Lalitha

Yes i buy today bvut thats my 3.position 2. positions at the bottom and now this..