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Posted by: papaocean In reply to: None Date:3/7/2006 10:32:14 AM Post #of 125
LOOKY HERE---Posted by: Phisherman In reply to: None Date:3/7/2006 10:20:25 AM Post #of 1707
OTCPicks.com: Pre-Market Stocks to Watch for Tuesday, March 7th, NNYG, UDSG, XKEM, JPHC, ADVC, FLIP
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M2 07:03 a.m. 03/07/2006
Mar 07, 2006 (M2 PRESSWIRE via COMTEX) -- Our Stocks to Watch for today include - Northamerican Energy Group Corporation (NNYG), UDS Group, Inc. (UDSG), Xechem International, Inc. (XKEM), JUPITER Global Holdings, Corp. (JPHC), Advanced Communications Technologies, Inc. (ADVC), FTS Group, Inc. (FLIP)
NORTHAMERICAN ENERGY GROUP CORP. (NNYG) "Up 164% on Monday"
Detailed Quote: otcpicks.com
Northamerican Energy Group Corporation (NNYG) has developed a proven growth strategy of identification, acquisition, and development of domestic hydrocarbon reserves. The Company will concentrate on acquiring prospects, which are, and have, proven oil and gas production which has been operating for many, many years. By acquiring working interests in proven low-risk fields the Company minimizes the risk by not "wildcatting or drilling dry-holes," and incurring any expense of building major infrastructure to get the product to market. Finally, the Company's low-cost operations and low overhead structure allows the Company to maximize the income and revenue from each production lease.
NNYG News:
March 3 - Northamerican Energy Group Acquires Lease
Northamerican Energy Group Corporation (NNYG) announced today that it signed a lease agreement in December, 2005, with the Trustees of the Benoit Estate to acquire 100% of the working interests in a lease in Pecos County, Texas.
By signing this lease Northamerican Energy Group now controls all production rights on this lease, whereas in the assignment from the former leaseholder Northamerican Energy was limited to the shallow production rights on 1/2 of the lease.
Signing this lease now enables Northamerican Energy to enter into discussions with a Midland based drilling and operating company to continue, and complete, the additional ten well oil and gas drilling programs on this lease that this company had initiated in late 2004.
"We are pleased to announce this acquisition as a key part of Northamerican Energy's plans and that our ability to totally acquire this valuable lease is vitally important to our growth strategy since all new wells being drilled in the Permian Basin area are now being drilled into deep, not shallow, zones," stated Jon Ginder, Northamerican Energy Group's CEO.
ez2poker.com ez2music.com ---All above is just my humble opinion. And I could always be wrong. And as always do your own DD.---
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