[Wot] If handled correctly,
this stock can bring you lots of happy moments., Discover the latest
capetown
capetowncowslip at bikerider.com
Tue Jul 25 05:15:44 BST 2006
The first thing a good trader learns is not being controlled by ego. But that’s not too easy, right? There are losses and victories, ups and downs. What you need is flexibility, skill and some winning tips!
I highly recommend taking a closer look at this stock. Some insider trading information clearly indicates it’s about to rise.
The alert is ON!
Get QEGY First Thing Today!
This Is Going To Explode!
Check out for HOT NEWS!
QUANTUM ENERGY INC (QEGY)
CURRENT_PRICE: $2.34 GET IT N0W!
About the company Quantum Energy is a publicly traded growth orientated oil and gas exploration company. The objective is to seek out and define opportunities that represent a low risk 0pp0rtunity to develop positive cash flow. As well, the company aims to define larger projects that can be developed with Joint Venture partners or be entered into by a Joint Venture.
Red Hot News
QUANTUM ENERGY INC. PURCHASES NEW FACILITY CORSICANA TEXAS.
July 20, 2006 Quantum Energy, Inc. (QEGY) announced that its joint venture partner, JMT Resources, Ltd. has entered into a contract to purchase a ten acre facility yard in Corsicana, Texas. The acquisition was formerly the facilities yard for Mobile Oil, and is adjacent to the Corsicana Field, which it operates. The site contains an assortment of oil field equipment that the joint venture partnership will utilize in its field operations. The acquisition also gives the JV partnership surface ownership of its water injection disposal well, which is in the permitting process with the Texas Railroad Commission. Ownership of this parcel will reduce operating costs; it will also give the JV partnership the option to add more injection disposal wells on this site, while housing its own redevelopment operations.
Due to the substantially increased Barnett Shale drilling activities in Johnson and surrounding counties, there is an enormous need for disposal options of high chloride (salt) water, which is used in the stimulation of Barnett Shale wells. Operators in the area are required to dispose of this treated water in sanctioned disposal zones. In this area, the zone most prevalently used is the Woodbine, which is the depth of the well the partnership is currently permitting. Demand for disposal facilities is substantial. Operators have resorted to trucking their treated water several hours from location for disposal. Current disposal rates are $2 per barrel and trucks will carry 150 to 200 barrel capacities. It is estimated that the JV partnership will be able to dispose of approximately 5,000 barrels of treated water per day. This operation will allow the JV partnership to attain substantial cash flow from this ancillary oil field operation reducing its reliance on outside capital. It is expected that the water disposal well will be operational during the fourth quarter of 2006. This facility would also be available for disposal of waste water recovered from the Nacatoch wells in the JV Polymer project as well. Ultimately, the disposal fluid from the polymer will be quite significant once the project passes from the pilot phase into full development. Correspondingly, the availability of the water disposal well that is owned by the JV partnership will lead to reduced costs and higher efficiencies.
Good setups are plentiful with this rare yet very promising stock.
I sincerely hope you get your slice of the trading pie. And I wish it’s really thick and sweet!
More information about the Wot
mailing list