3SOF

Quote from: David Randolph on March 20, 2007, 04:02:28 PM
Ok, the market is closed now, I'll have to wait about 1 hour for Reuters Data Link to update my Metastock database and then run my technical filter to see if I find some more good candidates for today's poll.

The poll will run from, say, 6 PM ET to 2 AM (that's when I wake up here in Portugal).

Thanks for today's talk, and don't forget to vote for tomorrow's video analysis, see ya

How about these David,

ANO
ABAT.ob
GTI
ONT
BIG
NLY

QuoteHow about these David, 

ANO
ABAT.ob
GTI
ONT
BIG
NLY

I just made ONT Terliso, the other ones sound fine, will put them on the poll, thanks

Lets' see what David has to say abt them Terliso, but they all look
pretty good.  Only doubts on NLY due to the sector

David,
Could you add NMX & AIR to the poll?
Thanks,
Nick

Quote from: jorgegr on March 20, 2007, 04:51:44 PM
Lets' see what David has to say abt them Terliso, but they all look
pretty good.  Only doubts on NLY due to the sector

NLY is even more interesting considering the sector ! A mortgage related company making new highs on explosive volume in a time like this is pretty significant !

David, if you get a second, take a look at RNO, as well.

My analysis, here:

http://www.3stocksonfire.org/trading/index.php?topic=6534.msg93124#msg93124

I'm thinking at least a double short term, multi-bag over time. 

Quote from: David Randolph on March 20, 2007, 01:14:10 PM

Quote from: prodigykid6 on March 20, 2007, 01:01:21 PM
Here are November's production figures by lease (filtered to exclude the Bear Creek Petroleum gas leases):

http://www.geocities.com/batboy513/tgc_lpd_0611.html

Here is a summary of lease production data by month:

http://www.geocities.com/batboy513/tgc_olpd_moyr_summary.html

The leases are all linked to KGS and to the actual monthly production data sets.

Please note that the company does not have a 100% interest in every single well in Kansas. There were a number of program wells that were drilled in 2005 and 2006. I am not sure when they will be paid off and when TGC will begin to collect the 85% management fee. You will have to check the 10-Qs and 10-Ks or ask company management. That makes the waters a bit on the mirky side.

Going forward from October 2006, the company has 100% interest in all new wells drilled.

But Kid, on the post you wrote 21,174 for November 2006, and on these links it says 19,059. Anyway, what we needed were the December numbers to get the full Q4 2006. How do you know earnings will be out tonight?

Thanks.

I would like to add a little background color to this conversation. I own mineral rights to a few hundred acres in Kansas. In the last six months I have been approached several times by outfits wanting to lease the mineral rights. This week I received an offer to lease a property that was already drilled a few years back (dry hole   ) It appears to me that there is a minor oil rush going on in Kansas.  One thing to check, on the production numbers, is the age of the wells. Oil in Kansas is located in pockets, so wells have a limited life depending on the size of the pocket. Do the list anything like "proven reserves" ?  Are they producing significant amounts of gas in addition to the oil?

Just my two cents, good luck.

Quote from: ravenquork on March 20, 2007, 07:06:53 PM

Quote from: David Randolph on March 20, 2007, 01:14:10 PM

Quote from: prodigykid6 on March 20, 2007, 01:01:21 PM
Here are November's production figures by lease (filtered to exclude the Bear Creek Petroleum gas leases):

http://www.geocities.com/batboy513/tgc_lpd_0611.html

Here is a summary of lease production data by month:

http://www.geocities.com/batboy513/tgc_olpd_moyr_summary.html

The leases are all linked to KGS and to the actual monthly production data sets.

Please note that the company does not have a 100% interest in every single well in Kansas. There were a number of program wells that were drilled in 2005 and 2006. I am not sure when they will be paid off and when TGC will begin to collect the 85% management fee. You will have to check the 10-Qs and 10-Ks or ask company management. That makes the waters a bit on the mirky side.

Going forward from October 2006, the company has 100% interest in all new wells drilled.

But Kid, on the post you wrote 21,174 for November 2006, and on these links it says 19,059. Anyway, what we needed were the December numbers to get the full Q4 2006. How do you know earnings will be out tonight?

Thanks.

I would like to add a little background color to this conversation. I own mineral rights to a few hundred acres in Kansas. In the last six months I have been approached several times by outfits wanting to lease the mineral rights. This week I received an offer to lease a property that was already drilled a few years back (dry hole   ) It appears to me that there is a minor oil rush going on in Kansas.  One thing to check, on the production numbers, is the age of the wells. Oil in Kansas is located in pockets, so wells have a limited life depending on the size of the pocket. Do the list anything like "proven reserves" ?  Are they producing significant amounts of gas in addition to the oil?

Just my two cents, good luck.

Most of the gas comes from Tennesse in Swan Creek field where they have 23 wells. The production is declining which is natural in any well. Whats interesting is TGC entered into an agreement On October 24, 2006 the Company signed a twenty-year Landfill Gas Sale and Purchase Agreement with BFI Waste Systems of Tennessee, LLC whereby the Company will buy the naturally produced gas stream presently being collected and flared at a municipal solid waste landfill serving the metropolitan area of Kingsport, Tennessee that is owned and operated by BFI in Church Hill, Tennessee.  The landfill is located about two miles from the Company's existing pipeline serving Eastman Chemical Company.  Contingent upon obtaining suitable financing, the Company plans to acquire and install a proprietary combination of advanced gas treatment technology to extract the methane component of the landfill gas stream to be purchased.  Methane is the principal component of natural gas and makes up about half of the purchased gas stream by volume.  The Company plans to construct a small diameter pipeline to deliver the extracted methane gas to the Company's existing pipeline for delivery to Eastman Chemical Company under the Company's existing natural gas sales agreement.

Total costs for the project are expected to be approximately $3.7 million.  The Company estimates that commercial operations of the Project may begin as early as late summer or early fall of 2007.   At current gas production rates and expected extraction efficiencies, when commercial operations of the Project begin, the Company would expect to deliver about 418 MMBtu per day of additional gas to Eastman, which would **almost double** the current volumes of natural gas being delivered to Eastman by the Company from the Swan Creek field. The gas supply from this project is projected to grow over the years as the underlying operating landfill continues to expand and generate additional naturally produced gas, and for several years following the closing of the landfill, currently estimated by BFI to occur between the years 2022 and 2026. So this income will last until 2026! Hell of a deal if you ask me.

Quote from: prodigykid6 on March 20, 2007, 08:13:30 PM

Quote from: ravenquork on March 20, 2007, 07:06:53 PM

Quote from: David Randolph on March 20, 2007, 01:14:10 PM

Quote from: prodigykid6 on March 20, 2007, 01:01:21 PM
Here are November's production figures by lease (filtered to exclude the Bear Creek Petroleum gas leases):

http://www.geocities.com/batboy513/tgc_lpd_0611.html

Here is a summary of lease production data by month:

http://www.geocities.com/batboy513/tgc_olpd_moyr_summary.html

The leases are all linked to KGS and to the actual monthly production data sets.

Please note that the company does not have a 100% interest in every single well in Kansas. There were a number of program wells that were drilled in 2005 and 2006. I am not sure when they will be paid off and when TGC will begin to collect the 85% management fee. You will have to check the 10-Qs and 10-Ks or ask company management. That makes the waters a bit on the mirky side.

Going forward from October 2006, the company has 100% interest in all new wells drilled.

But Kid, on the post you wrote 21,174 for November 2006, and on these links it says 19,059. Anyway, what we needed were the December numbers to get the full Q4 2006. How do you know earnings will be out tonight?

Thanks.

I would like to add a little background color to this conversation. I own mineral rights to a few hundred acres in Kansas. In the last six months I have been approached several times by outfits wanting to lease the mineral rights. This week I received an offer to lease a property that was already drilled a few years back (dry hole   ) It appears to me that there is a minor oil rush going on in Kansas.  One thing to check, on the production numbers, is the age of the wells. Oil in Kansas is located in pockets, so wells have a limited life depending on the size of the pocket. Do the list anything like "proven reserves" ?  Are they producing significant amounts of gas in addition to the oil?

Just my two cents, good luck.

Most of the gas comes from Tennesse in Swan Creek field where they have 23 wells. The production is declining which is natural in any well. Whats interesting is TGC entered into an agreement On October 24, 2006 the Company signed a twenty-year Landfill Gas Sale and Purchase Agreement with BFI Waste Systems of Tennessee, LLC whereby the Company will buy the naturally produced gas stream presently being collected and flared at a municipal solid waste landfill serving the metropolitan area of Kingsport, Tennessee that is owned and operated by BFI in Church Hill, Tennessee.  The landfill is located about two miles from the Company's existing pipeline serving Eastman Chemical Company.  Contingent upon obtaining suitable financing, the Company plans to acquire and install a proprietary combination of advanced gas treatment technology to extract the methane component of the landfill gas stream to be purchased.  Methane is the principal component of natural gas and makes up about half of the purchased gas stream by volume.  The Company plans to construct a small diameter pipeline to deliver the extracted methane gas to the Company's existing pipeline for delivery to Eastman Chemical Company under the Company's existing natural gas sales agreement.

Total costs for the project are expected to be approximately $3.7 million.  The Company estimates that commercial operations of the Project may begin as early as late summer or early fall of 2007.   At current gas production rates and expected extraction efficiencies, when commercial operations of the Project begin, the Company would expect to deliver about 418 MMBtu per day of additional gas to Eastman, which would **almost double** the current volumes of natural gas being delivered to Eastman by the Company from the Swan Creek field. The gas supply from this project is projected to grow over the years as the underlying operating landfill continues to expand and generate additional naturally produced gas, and for several years following the closing of the landfill, currently estimated by BFI to occur between the years 2022 and 2026. So this income will last until 2026! Hell of a deal if you ask me.

Do you know what kind of income this project is expected to generate?

Hi David

take a look at these stocks they'er the best on the market 

ROCM , BTJ , PRXI , BONT , SPAR , PCU

look at their growth rate ... 

Do you know what kind of income this project is expected to generate?
[/quote]

Sorry I'm not a pro but I know the number is 418 MMBtu per day. So if you could figure out the profit on that some how. I think david could figure that out. I thought that the Swan field creek was half there income...so if its supposed to double there natural gas production then maybe 3 million total from gas a quarter. This is just a guess I could be way off. The 418 number is supposed to increase over time as the garbage facility grows.


Here was the quote, "At current gas production rates and expected extraction efficiencies, when commercial operations of the Project begin, the Company would expect to deliver about 418 MMBtu per day of additional gas to Eastman".