NEWS! Mancini & Needham - Founders - TWOG.PK & AKOL.PK
News Update: 8-16-05
Anyone here know anything about these guys?
Michael Mancini and Robert Needham, founders of TWOG.PK. Transworld Oil and Gas.
Before that, they were at AKOL.PK. Before that, they were at FOGL.PK - Frontier Oil Company.
They run TWOG.PK, based in Houston, TX, from their office in Toronto, Canada.
I am an investor in AKOL.PK, now called TWOG.PK.
Everyone is waiting for this company and stock to get going.
They said they had a LOI for 49% of a Russian producing oil company, while they called this AKOL.PK.
There's been some action, stock trading a few million at sub penny prices.
The stock has gone from .01 to .07 in the last few months.
It has been as high as .49 in the distant past, under its prevous name.
Would be nice if they would finally post some news and get something done.
And, get the stock back up to over a penny.
The way it's been traded lately, makes you feel like something's going to happen - soon.
If so, this is a lot better price to buy it at, than what I paid - when it was a lot higher.
Can't wait until they finally close on this Russian deal they mentioned.
With 49% of a producing Russian oil and gas company, this could blast off over a dollar - instant income - instant profit for shareholders.
Anyone else invested in this oil company?
Let us know what you know about these two guys and this company.
Special Update:
(Someone said they got an email from the company, in a reply to some questions, that said news would be coming - soon! It may be they are about to close on that 49% of the Russian producing oil and gas company that they mentioned in a PR at AKOL.PK. As soon as that kind of news or some other money making accomplishment like that comes out - BOOM! This stock could be running up, chased up over a dollar! Bingo! Eureka! I could use that kind of a big bang. Can't wait to see some news. You can buy it a lot cheaper than when I got it. I own a few hundred thousand. You can buy a few million - cheap. Oil is in high demand these days. I hate paying these high gas prices - but if it helps TWOG blast over a dollar - I won't complain!)
Good luck to all.
Guanxi2005 - G-5
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cf.us.biz.yahoo.com
Press Release Source: Alaskan Oil and Gas Ltd.
Alaska Oil and Gas Is Pleased to Announce Its New Proposed Name, Transworld Oil & Gas Ltd.
Tuesday April 26, 11:08 am ET
HOUSTON, April 26, 2005 (PRIMEZONE) -- Alaska Oil and Gas, the 'Company,' or (Other OTC:AKOL.PK - News) is in the process of changing its name to Transworld Oil & Gas Ltd. The company believes that the new name suggested by a shareholder is better suited to its current and future operations.
The company is in the process of completing the due diligence in regard to the acquisition of the 49% ownership of a producing oil company located in Russia. Preliminary financial statements of this company which are audited indicate some 20 million dollars of revenues. The company feels that the completion of this deal will also allow AKOL to become a reporting issuer and move to a higher trading venue.
About Alaska Oil and Gas
Alaska Oil and Gas (Other OTC:AKOL.PK - News) is a development stage energy company and intends to become a worldwide company specializing in the extraction and production of oil and gas. The company is seeking to extract and produce both oil and gas via partnerships and acquired properties.
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cf.us.biz.yahoo.com
Press Release Source: Alaskan Oil and Gas Ltd.
Alaskan Oil and Gas signs LOI for 49% Percent of Producing Oil Company
Tuesday April 12, 7:30 am ET
HOUSTON, April 12, 2005 (PRIMEZONE) -- Alaskan Oil and Gas (Other OTC:AKOL.PK - News) has signed an LOI to acquire 49% ownership of a producing oil company located in Russia. The final purchase price will consist of a combination of cash to be utilized as working capital and convertible preferred shares to complete the purchase.
The operating management of the company currently has 10 years of operational experience and are involved in various aspects of oil production. Current areas of operations include production of crude oil and gas condensate, transportation of hydrocarbon raw material to the consumer, registration of necessary customs procedures, reprocessing of sour and highly paraffinic oil within its own plants and the receipt of high-gravity sorts of oil.
Alaskan Oil and Gas believes that it can help the company to increase its production to 10,000 metric tons of oil per month over the next five years. In addition, the company has exploration potential that could add significantly to reserves and production.
About Alaskan Oil and Gas-
Alaskan Oil and Gas (Other OTC:AKOL.PK - News) is a development stage energy company and intends to become a worldwide company specializing in the extraction and production of oil and gas.
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Mancini and Needham can be reached here.
Contact:
Alaskan Oil and Gas.
Investor Relations
Phone: (281) 854-2374
E-mail: alaskaoil@mail.com
www.alaskanoilngas.com
11757 Katy Freeway
Suite 1300
Houston, Texas
77079
Phone: (281) 854 – 2374
Fax: (360) 937 – 5727
E-mail: alaskaoil@mail.com
www.alaskanoilngas.com
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Thanks,
From One Of The Shareholders Of TWOG.PK. |
