Tag Archive for ‘Oil stocks’

Uh Oh, FXPT May Not Be Done Afterall.

Howdy mi amors!

FXPT (Fox Petroleum), might still have their oil “pumps” going! They have released the TERMS of the acquisition, and while many traders and investors feared that it would be an equity exchange deal (meaning that they would pay for the  Renfro Energy LLC and Cameron Parish Pipelines LLC in shares of stock), but it is instead a pure cash deal. $300K smackaroos to be exact!

According to James Renfro, President of Fox Petroleum Inc. he announced “We fully expect that the two oil wells within thirty days expect to be producing between fifteen to twenty barrels a day or close to six hundred barrels per month.”

News courtesy of Yahoo Finance: http://finance.yahoo.com/news/Fox-Petroleum-Announces-Terms-iw-3834337071.html?x=0.

So my lovelies, the support level for FXPT still remains at .025, with resistance coming in at around the .045 ranges, (my own ideal entry price would be the .038-.04 levels) with a sell around .06-.065, we might be able to milk some more gains out of this dog today so load it onto the ole watchlists again! 

It sounds to me like FXPT is moving along fast to get ‘er done! Yeeehaw. Or it could be a whole load of el toro poop, because that’s how it’s done on the stinky pinkies!

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The birdies are chirping for high multipennies, let’s see how close that can get it to .10+.

As always, take profits along the way should you play, don’t take more than a 10% loss if you can avoid it, and remember… bulls make money, bears make money, ROACHES make money, even pigs make money, but HOGS get slaughtered. Don’t be a HOG.

Senorita “Eureka” Roachita!

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FXPT Goes Nuts On Acquisition News!

I’ll make this a quickie guys and gals!

FXPT (Fox Petroleum) is currently up over 100% within the first half hour of trading on  news that they will be acquiring Renfro Energy LLC, and Cameron Parish Pipelines LLC. These are properties that have been known to produce oil on a consistent basis.

Check out the news courtesy of Yahoo finance: http://finance.yahoo.com/news/Fox-Petroleum-Acquire-Renfro-iw-981621205.html?x=0

Support for FXPT comes in at .03, and resistance lies ahead at .04. So far there looks like there will be no pullback. Other bottom feeders of the pinksheet world are buying up shares like crazy at the moment! Let’s see if we can get us a nice EUREKA!

So load FXPT onto your watchlists, and level 2s immediately!

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Senorita “You won’t find gains like this on the Nasdaq!” Roachita

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Senorita Is Eyeing FDMF!

Hola Roachitos.

Today your Senorita is eyeing FDMF (Freedom Energy Holdings) , there’s a lot of buzz floating around this roachy little oil tank cleaner that has found a safe way of cleaning those disgusting viscous oil tanks.

With their trademarked K900 micro emulsion technology, it has never been easier for oil companies large or small to squeeze out every last drop of good oil, while all the heavy metals, and all the other contaminants that need to be sifted falls to the bottom, making for a very easy clean up.

This low floater with a reported float of 55,020,985, and an o/s of 292,166,214 as fo June 30th 2011, is starting to come off bottom with support coming in at .009 and resistance lies ahead at 012. http://stockcharts.com/h-sc/ui?s=fdmf

Load FDMF onto your watchlists and Level 2s, and show me the Eureka!

Senorita OWT!

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PGIE Inks A Deal With BGI Contractors.

Happy Monday mi amors!

PGIE (PGI Energy) came out with some mucho roachy news this morning. Your Senorita was lucky enough to catch it before the bell, and of course I am sharing this fine news with my darlings. So keep your eyes on this potential black gold gusher.

Support comes in at .003, and resistance lies ahead at .005.

PGI Energy and BGI Contractors form joint venture to construt land drilling rigs.

Press Release Source: PGI Energy, Inc. On Monday July 11, 2011, 6:00 am EDT

HOUSTON–(BUSINESS WIRE)– PGI Energy, Inc. (Pink Sheets:PGIE.pkNews):

PGI ENERGY, INC has entered into a joint venture partnership with BGI Contractors in conjunction with its previously announced partnership with Structural Dynamics Engineering Co. for Manufacturing & Development of innovative proprietary land drilling rigs designed by Jose A. Macias, a Mechanical Engineer. The joint venture partners will share 50% of profits each. The joint venture partnership initially will focus on fabrication of drilling rigs for its existing contract orders for 750 HP Mobile Drilling Rigs and the 2000 HP SCR Drilling Rig for the government of India, and its client in China who have placed orders for three 250T Top-Drives the innovative Top-Drive drilling rig, and Malaysia for four 1000HP SCR Drilling Rigs. Current customers of Structural Dynamics Engineering are Precision Drilling, Arrow Drilling, Pie Grande Drilling, Fidelity Exploration and Production, JJ Drilling International, DIJOILFIELD LLC., Petroleos de Venezuela, S.A. (PDVSA), and PetroleosMexicanos, S.A. (PEMEX). “We are excited about the development of this new joint venture partnership with BGI Contractors to deploy these innovative drilling rigs to oil field service providers, which adds significant value for our shareholders,” says Robert Gandy, Senior Underwriter/Chief Investment Officer for PGI.

About BGI Contractors

BGI Contractors is a general contractor, and the operation was founded in 1991 to serve the petrochemical industry. BGI’s clients include a number of industrial sectors, including petrochemical and refining, land drilling rigs, power, manufacturing, specialty industrial, marine, and the U.S. government. Additional BGI clients include, PGI Energy, Inc., J & L Instrumentation & Power, LLC, Shell Oil, Motiva Enterprises, ExxonMobil and Gerdau Ameristeel. In addition, BGI works with major managing contractors such as Bechtel, Jacobs and KBR. BGI manages projects of all sizes, coordinating engineering, subcontractors, planning, scheduling, construction and quality/acceptance testing. BGI has an excellent safety record and follow extensive quality checks to ensure standards compliance. BGI’s scope of work includes:

           
General Contractor -
   
Construction Services:
                 
Project Management, Operation Personnel Support
                 
Engineering & Design, Factory Acceptance Testing
                   
                 
Refinery Services: Pipe & Steel Fabrication & Installation
                 
Mechanical & Civil, Mechanical Maintenance
                 
Turnarounds & Startups, ASME Pressure Vessels
                 
NBIC Pressure Vessel Repairs, Shop & Field
                   
                 
Tank Construction: Design, Build & Repair, Turn-key Projects
                   
                 
Industrial Buildings: Butler Builder® – Custom Buildings
                 
Pre-Engineered Metal Buildings, Specialty Buildings –
                 
Control Rooms, Storm Proof & Blast Resistant Buildings,
                 
Including BGI’s proprietary design – The StrongBox®

BGI also covers the marine industry and operates under the name of United Marine Shipyard, LLC.

United Marine Shipyard (UMS) services the international ship and drill rig industry. They offer all types of offshore rig repair, ship repair, new rig construction and marine engineering and design. UMS provides onsite rig repairs worldwide, while major rig repairs, upgrades and conversions are completed at their fab yard in Port Arthur, Texas. UMS provides all types of marine construction for the offshore drilling industry internationally, such as Hercules Offshore, Noble Drilling and Pride Offshore, etc. UMS also provides ship repairs to the commercial marine industry and the U.S. government. UMS clients include the U.S. Navy, U.S. Coast Guard and U.S. Maritime Administration. Its management team and engineering staff has over 150 years of combined experience in marine construction. United Marine Shipyard is a subsidiary of BGI Contractors, and its operation was also formed in 1991, and specializes in the following services:

           
General Contractor -
   
Marine Construction Services:
Drill Rig Repair & New Construction, Ship Repair
Production Platforms, Marine Engineering & Design
Blast Resistant Quarters, Rig Conversions & Upgrades
Personnel Management, Marine Demolition & Salvage
 
Fabrication Services:
Alloy Pressure Vessels, High Pressure Pipe, Tanks
Structural Steel, Bins, Handrails & Ladders
 
Repair Services:
Boilers, Control Valves, Diesel Engines, Pumps
Motors, Instrumentation Equipment

BGI Contractors and United Marine Shipyard has been a trusted name in the gas & oil, petrochemical, refinery and marine industries since 1991 and has over 150 years of combined experience.Most of BGI’s management team and its President, A.B. Bernard, started the operations after the closing of Bethlehem Steel Shipyard’s marine division. Visit us at www.bgitexas.us or mail@bgitexas.us

 Visit us at www.umtexas.us or mail@umtexas.us

 About Structural Dynamics Engineering

Structural Dynamics Engineering develops a variety of products for the automotive industry and oil field services companies with product lines of land drilling rigs, crown blocks, top-drives, traveling blocks, rotary tables, pipe handler equipment, catwalks, automation, robotics, full repair services and equipment for material handling. Structural Dynamics Engineering has been a private owned company by Jose A. Macias, M.E. who has worked with automotive industry structural design companies and drilling services companies since 1986.

Website: www.structuraldynamicsengineering.com

About us

PGI Energy, Inc. is an energy holding company, headquartered in Houston, Texas. The company’s purpose is to acquire assets in the proven producing oil and gas assets, refinery and pipeline sectors of the energy industry and other synergistic assets. The company will only acquire proven producing oil and gas assets.

PGI has formed several partnerships to grow its core business organically through strategic alliances diversifying its interest in green energy through biomass production, waste to energy, wood pellets production, syn gas, bio char production and plastics to synthetic crude. PGI has several core divisions which provide support to its operations and customers such as PGI Transportation & Logistics, PGI Manufacturing & Engineering and PGI Commodities Trading.

For more information visit: WWW.PGIEnergy.us or Email: ir@pgienergy.us

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6788169&lang=en

MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6788169

Contact:

PGI Energy, Inc.
José I. Colón, 832-900-1400
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BRZL on the move again?

Good morning my darling rrrrrroaches!

BRZL (Brazos international) has been having some serious rumors and hype that the merger they have been waiting for is almost complete.

Of course everyone is screaming that this could be the big kahuna, and who knows? They could may be right, and I may be crazy, but sometimes the rumor mill isn’t always wrong.

What BRZL will own upon the potential merger:

Cameron Parish School Board Lease
A volumetric analysis indicate potential oil reserves of 500,000 barrels. Two proved undeveloped well locations have been identified to recover these reserves.

Share structure as of last guesstimation by traders that have been in BRZL for merger news:

O/S: 888 million

A/S: 1.5 billion.  James Renfro holds 480 million outstanding shares.  

Guesstimated float: 408 million shares

Merger candidate: Renfro Energy, LLC

www.renfroenergy.com/Company_Profile.htm

Renfro Energey LLC is supposedly worth over $100,000,000 in oil at the value of $100 per barrel !!!

James Renfro has recently been added as a director for BRZL: www.otcmarkets.com/stock/BRZL/company-info 

 About James Renfro courtesy of Forbes magazine: http://people.forbes.com/profile/james-r-renfro/147499

Support .004, resistance .0051. Possible run and hold above 50 SMA of .007.

Senorita “Surf’s up” Roachita

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Why you should follow us on Twitter! GARB!

Hola mi amors!

If you are a Stockroach twitter follower, you may have noticed that I sent out a tweet on GARB (Garb oil and power), when it was trading between .0045-.005. It hit a runner on news of an agreement for $20 million in equity funding.

It hit a high of .0075 within a matter of half an hour. So that’s a easy, peasy snipe upwards of 66%!

We alerted GARB on Twitter back in March for gains upwards of 70%!

It’s like Deja Vu around here!

http://www.stockroach.com/why-you-should-follow-us-on-twitter-garb/

How roachy is that?

Senorita “I told you to follow us on twitter.” Roachita

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Senorita’s Twofer Tuesday! LHPT and GRDO

Good morning mi amors!

Today your Senorita is eyeing LHPT ( Lighthouse Petroleum ). There is a lot of Buzzzzzzzz surrounding this energy play, with rumors of LHPT being the next big thing on the pinkshits with some major development news on the way. The float is in the neighborhood of about 200 million or so, but watching yesterday’s trading action it seems that the float could almost be locked down. It moved extremely easily on 5.5 million shares traded, and closing up over 40%.

So load this roachy turd onto your watchlists. Support comes in at .0025 and resistance levels are .005 and .008. Should LHPT break that .008 resistance, I’m calling bluesky on it, or at least a penny.

***BONUS STOCK GRDO***

Rumors of a reverse merger are surrounding this one and it sure is getting hot, hot, hot! Support comes in at .0024, resistance lies ahead at .005. Should the R/M news comes out, you can disregard the charts because a good pumpjob trumps all.

SIGN UP ALL LURKERS! Papa’s smoking hot pick comes out tomorrow at 9:30am  sharp and he doesn’t hold the train for anyone!

Senorita “Dude! Where’s my coffee?” Roachita

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Why you should follow us on Twitter! $GARB!

Hola roachitos!

Your Senorita put out a tweet pre-market that GARB had some very interesting news out this morning, and it was like an all you can eat buffet of shares at .005. This GARBage oil recycler hit an intraday high of .0085 raking in a “Slap a basher!” gain of 70%!

Can you say HOLY MOLY, now THAT is a roachy gain. I’d still keep my eye on this one, since it broke and held above a huge pain in the culo resistance of .007 on record volume which is also the 200 DMA.

I see pennyland potential here. It’s got my feelers twitching.

Here’s the news that you may have missed this AM that got this bugger running for new highs. http://finance.yahoo.com/news/Garb-Oil-Power-Corporation-prnews-3913632230.html?x=0

Senorita “I told you so” Roachita

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Stocks: Worst affected in the year amidst Libya turmoil

Libya’s increasing political unrest generated a sharp sell-off in U.S stocks Tuesday, with three primary indexes reporting their largest one day drops of the year, as the oil prices continued to soar up higher. Continuing weakness in the real estate market also created pressure after a report revealed that national home prices slashed by 4.1% during the fourth quarter of 2010.

The Dow Jones industrial average fell by 178 points, which was the worst fall since November. Wal-Mart was also the biggest losers on the Dow with shares falling by 3 percent after the retailers posted poor U.S sales numbers. S&P 500 fell by 28 points, and NASDAQ also dropped 78 points. These were the most notable falls since August.

Libya and oil:

Oil prices increased by 6 percent on Tuesday to finally settle at $95.42 a barrel as the distresses in the nation entered into its eighth day. Earlier, oil costs came around $2 of $100 a barrel. The mounting tensions in North Africa and Middle East has agitated worldwide financial markets, with stocks dropping all over in Asia and markets in Europe all under constant pressure.

Why the oil market is so anxious

The political conflict in Libya is part of a series of risings that started this year in Tunisia and also extended to Egypt, where protestors deposed Hosni Mubarak earlier during this month. Until Libya, the activities in the Middle East had not affected a major exporter of crude. Now, investors are worried that it could interrupt the flow of oil from other major oil  producing nations.

World Markets: European stocks dropped on the increasing worries regarding Libya. Britain’s FTSE 100 dropped 0.3%, France’s CAC 40 fell 1.2% and the DAX Germany lost 1.0%. The Asian markets closed sharply lower. The Shanghai Composite jumped 2.6%, the Hang Seng in Hong Kong fell by 2.1%, and Japan’s Nikkei was slashed to 1.8%.

Economy: Consumer confidence, measured by the Conference Board’s monthly index, climbed to a 3 year high in February.

Companies:  Shares of HP Co. fell to more than 6% in after-hours trading. The company posted a quarterly profit that increased from its earlier results and outdid Wall Street’s predictions. But its overall sales and outlook was still unsatisfactory.

Shares of Mentor Graphics rose 6.5% after the investor, Carl Icahn offered to purchase the company for $17 per share, according to Wall Street Journal. Chesapeake Energy was up by 5.2% after BHP Billiton declared to buy its assets in Arkansas for $4.75 billion. Barnes & Noble shares dropped 14.4% after the company suspended its quarterly dividend of 25 cents per share.

Currencies and Bonds:  The value of dollar increased as against the euro and the British pound, but was weak when compared to the Japanese yen.

Senorita Is Eyeing NTRO!

Good morning mi amors!

On this glum Tuesday your Senorita is bringing you a stock that she has been eyeing for awhile now. The reason that I haven’t released it until now is that I have been waiting for NTRO ( Nitro Petroleum) to start cranking up the buying volume.

Well my roachitos, I think today is the day that this one just might make a break for higher ground.

With rumors of news of joint ventures and acquisitions on the way for this oil digger, it wouldn’t hurt to put this one onto your watchlists.

Support comes in at .009 and resistance is nowhere in sight to be honest.

Senorita “Going for the black gold” Roachita
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