// Forum | Obscure energy company brings New Life to Dead Oil Fields... . . . and to your portfolio (teased)
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Obscure energy company brings New Life to Dead Oil Fields… . . . and to your portfolio (teased)

UserPost

5:21 pm
February 8, 2010


akatomw

Member

posts 16

Post edited 5:31 pm – February 8, 2010 by akatomw


Quote:


"A small California oil company has invented a new technology that brings old, supposedly depleted oil fields back to life – and has them pumping out hundreds, or even thousands, of barrels of oil a day in a matter of months!"


http://www.investorsdailyedge&…..amp;r=Milo

Millions of barrels of oil will soon flow from

long-abandoned oil fields once thought depleted.


And it's all thanks to a breakthrough technology

that could quickly catapult a tiny upstart

into a $500 million energy player.


This is WHAT interestes me:

A stellar management team

with a proven record


This borrowing facility is a tribute to the company's management team – one of the most impressive I've encountered. The team has a combined 75 years experience in the oil and gas industry working with Chevron, Sun Exploration & Production, PetroFalcon, Graham Resources, Benton Oil & Gas and Pacific Petroleum.


They have the experience, talent and expertise to transform this company from a tiny upstart into an oil giant that could form the foundation of your portfolio for years to come. Take a look…


The company's Chairman and CEO has been in the oil and gas industry for 27 years. Perhaps his most impressive accomplishment came when he served as Vice President of Business Development for Benton Oil & Gas, where he was instrumental in helping it grow from a small start up with a $5 million IPO into a $700 million NYSE company. And I'm convinced he can do it again with this company.


The President of the firm has a PhD in geology and has more than 25 years of experience in the oil business. He served as Senior Vice President of Exploration and Production at Benton Oil & Gas and led a team that developed more than 200 million barrels of oil in Venezuela, along with a large gas field in Russia.

(Note:  akatomw asks,  is this a reference to "Dr. Peter Hill" ?


The Chief Operations Officer is a petroleum engineer who directed a start-up operation in Venezuela for Benton that took production from zero to more than 50,000 barrels a day. Before that, he handled acquisitions totaling more than $500 million for Graham Resources – experience that is already coming in handy as this company grows.


Link to Benton's executives:

http://www.secinfo.com/dsVS7.92S1.htm


Benton Oil History history:

http://www.fundinguniverse.com…..story.html


could it be:

Toreador Resources Corporation


BUT its not an American company :-(

(I will keep digging)


(Just My Guess:)

http://www.toreador.net/office…..ctors.html


Peter Hill

Non-Executive Chairman of the Board


Craig McKenzie

President and

Chief Executive Officer Julien Balkany

Non-Executive Vice Chairman


Bernard de Combret

Independent Director Adam Kroloff

Independent Director


Ian Vann

Independent Director Herbert Williamson III

Independent Director

OFFICERS


Craig McKenzie

President and

Chief Executive Officer Marc Sengès

Chief Financial Officer


Tony Vermeire

Commercial Director

2:18 pm
February 9, 2010


doncp12

Member

posts 3

Company is NiMin NNN Toronto exchange.

3:05 pm
February 9, 2010


akatomw

Member

posts 16

Post edited 3:12 pm – February 9, 2010 by akatomw


WOW that was fast, Many thanks, I will watch this one for 

price action to see if the tease moves it up. its down today at

$1.29  off  $0.01 (volume is only 36,200 I think that is low for something being

successfully teased, so that tells me its not that wipespread in the teasing of it yet, ;-)

if that makes sense)


the clues look good with respect to the directors:


http://www.niminenergy.com/man…..gementbios


patent info and the claimed technology to extract old oil is here:


http://www.freepatentsonline.c…..78806.html


Google search results of  Combined Miscible Drive  CMD


http://www.google.com/search?c…..p;oe=UTF-8

6:11 pm
February 9, 2010


doncp12

Member

posts 3

If you look at the chart the stock recently shot up from about .80 American to $1.20. I figure the stock was already touted to his readers and the tease we saw is now happening after the fact.

3:08 pm
February 11, 2010


akatomw

Member

posts 16

doncp12 said:

If you look at the chart the stock recently shot up from about .80 American to $1.20. I figure the stock was already touted to his readers and the tease we saw is now happening after the fact.


from the look of the chart that makes sense (shot up from below $0.80 to over $1.20)

I have been bitten by this "pump and dump" scam before with some Uranium stocks.


By the time retail investors figure it out, or invest, the rest of the folks getting the newsletter, have already bought low and are ready to sell at the peak, when non subscribers to the newsletter see the stock rising not really realizing its actually peaking and is about to be sold off.  IMHO

5:09 pm
February 11, 2010


dlst

Member

posts 282

Yes, and if you want to take the risk anyway, at least use a very tight stop.

11:15 am
February 12, 2010


akatomw

Member

posts 16

dlst said:

Yes, and if you want to take the risk anyway, at least use a very tight stop.


…yes, tight stops, thanks for the reminder, Smile lately have been focused on selling (until today that is) into a rising market with limit sells on the principle of "if it hits this higher price" then sell, for some things like jyhw and aeny it worked well yesterday. (got out of both yesterday with nice profits)


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