Well I have held and will continue to hold, How long............... 1000% don't know but a good chance at a 4 or 5 bagger. Patience ahhhhhhhhh yes my middle name, NOT.
But I ain't selling at this stage of the game with Digital
since September October 1999.
Digital Gas Inc
Symbol "DIGG" trading on the pinks here are their last three releases,
Wednesday August 2, 5:47 pm Eastern Time
Press Release
SOURCE: Digital Gas, Inc.
Digital Gas Announces China Oil & Gas Update
NEW YORK, Aug. 2 /PRNewswire/ -- Digital Gas, Inc. (DIGG - Pink Sheets) today announced several new developments regarding its oil & gas business in China. The developments relate to the prospects for signing oil & gas contracts and an expansion of the company's oil & gas business to include equipment manufacturing and distribution.
Several Chinese companies that have signed agreements with Digital have completed the detailed technical questionnaires on the oil & gas fields that candidates for production enhancement and have indicated to Digital that they are interested in receiving contract proposals. The completion of these questionnaires was the final step needed to allow Digital Gas to submit contract proposals and enter into final negotiations. The three types of contracts that the company will initially seek are: a general consulting contract, a production sharing and hydrocarbon enhancement contract and a mud contract to work on new and advanced mud systems to be used in China and internationally.
As a result of this development, Mr. W. Brian Lunan, a Director of Digital Gas, is proceeding to China to begin contract negotiations. ``We have completed quantitative technical reports with action steps identifying the respective reservoir enhancement program for each field under consideration. In addition, each field has been rated for its revenue generating potential,'' added Mr. Lunan.
``We feel quite strongly about our future relationship with the several Chinese companies that we are currently negotiating with,'' said Mr. Lunan, who has recently accepted an invitation to co-Chair a UBD session with Shell at the SPE 2000 Conference and Exhibition in Dallas from October 1-4.
In a related development, Digital Gas is evaluating several manufacturing and distribution opportunities in the oil & gas field in China. Digital is currently in a position to provide its Chinese partners with leading edge technology in multi-phase flow, separation and jet pumping and electronic control systems for pumping oil wells. These opportunities can lead to significant manufacturing and export opportunities for both Digital Gas and its Chinese partners.
Digital Gas is continuing to develop its existing opportunities in China, as well as add to the scope of this business when new opportunities arise.
biz.yahoo.com
Thursday August 17, 5:19 pm Eastern Time
Press Release
SOURCE: Digital Gas, Inc.
Digital Gas Names Two New Directors
NEW YORK, Aug. 17 /PRNewswire/ -- Digital Gas, Inc. (DIGG - Pink Sheets) today announced that Christopher Mothersele, formerly with Gulf Canada Resources Ltd., and Lois McCorriston, formerly with Halliburton Energy Services, have agreed to serve as Directors of the company effective immediately.
Mr. Mothersele will be responsible for developing and accessing new products and technologies for future growth and will be the person responsible for the maintenance and quality of the reserves which Digital contracts to enhance on a worldwide basis. He will also be responsible for reservoir engineering, reserves evaluation and exploitation planning.
Ms. McCorriston will be responsible for the development and application of chemicals for oil & gas production, including horizontal drilling, completions, production and EOR on a worldwide basis. She has numerous patents in her specialty area and was the recipient of the Pegasus Award in 1997, which was awarded by Mobil Oil for ``Outstanding Technical Work in Horizontal Wells.''
The leader of the Digital Gas technical team is W. Brian Lunan. Mr. Lunan was formerly with Halliburton, NL McCullough, NL Industries, Schlumberger Overseas, Phillips Petroleum and Uddeholms/D.N.N. in a variety of positions and has been involved in the drilling of 300 under-balanced wells, including major projects in North and South America, Europe and the Far East. Mr. Lunan was the Director of Training in Brazil and Argentina for Schlumberger. ``Digital Gas has asked me to bring the very finest oil & gas practitioners into the company to support an aggressive growth plan that entails the exploitation of downstream as well as upstream opportunities worldwide,'' said W. Brian Lunan, who is also a Director of Digital Gas and who has recently accepted an invitation to co-Chair a UBD session with Shell at the SPE 2000 Conference and Exhibition in Dallas from October 1-4.
In an entirely new development, Digital Gas stated that the company has just signed a Letter of Intent to participate in a highly innovative, world-class development project in an area of China that over all the centuries of Chinese history has escaped any meaningful development. ``We are currently evaluating the extent of our participation in this dramatic new project and we will make an announcement regarding the precise level of our involvement by early next week,'' said Mr. Lunan.
biz.yahoo.com
Friday August 25, 3:30 pm Eastern Time
Press Release
SOURCE: Digital Gas, Inc.
Digital Gas Announces Contract Offers and the Naming of a New Director
NEW YORK, Aug. 25 /PRNewswire/ -- Digital Gas, Inc. (DIGG - Pink Sheets) today announced that it has been offered four oil & gas contracts in China and that it has named An Ping, an international management consultant, to its Board of Directors effective immediately.
Two of China's oil & gas Administrations have critically reviewed four separate contract proposals tendered by Digital and the respective Administrations have decided that Digital shall be offered two production sharing and hydrocarbon enhancement contracts and two contracts calling for the utilization of Digital's exclusive oil & gas reservoir enhancement technologies.
Commenting on this latest development from China, Mr. W. Brian Lunan, a Director of Digital Gas, stated that ``the team's hard work, diligence and communication with the Chinese has resulted in this breakthrough.'' With respect to the production sharing and hydrocarbon enhancement contracts, Mr. Lunan added that ``Digital Gas will conduct an extensive technical audit using its proprietary Stage Gate Process on the contract area before signing.'' Mr. Lunan is the creator of the Stage Gate Process.
An Ping, who has held positions at Airbus Industries, Forbes, Next Corp. and Radio France International in cities such as Bejing, Tokyo, Paris and Hong Kong and New York, has extensive worldwide experience in business negotiations and management. She will advise the company in establishing additional strategic alliances in China and throughout Asia.
Digital Gas is continuing to develop its existing opportunities in China, as well as add to the scope of this business when new opportunities arise.
biz.yahoo.com |
