Turn Around sub and penny stocks under a $1.00 Message Board

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Strategies & Market Trends : Turn Around sub and penny stocks under a $1.00

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From: Tadsamillionaire	8/31/2007 1:29:14 PM
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RGNO News Regions Oil and Gas, Inc. (Pink Sheets:RGNO) announced today the procedure of forced pooling, with the intention of engaging Questar Exploration & Production (NYSE:STR) and others, has been completed. The ruling by the Oklahoma Corporation Commission was signed on July 30th 2007. Questar was given 15 days to respond and has decided to not participate and as a result they have been paid their bonus money in accordance with the OCC ruling. This gives Regions the ability to drill several new wells in a proven field with the possibility of between 40,000 and 60,000 BBLs of recoverable oil from each new shallow well. If the utilization of new technology that was not readily available when this lease was originally produced is implemented, these numbers could increase. Drilling could commence in the next 60 days

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