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The Daily Stock Barometer
- From: "Nola Couch" <mnrvzd at chuckelnekave dot com>
- To: <gsl-discuss at sources dot redhat dot com>
- Date: Wed, 02 Nov 2005 02:53:33 -0800
- Subject: The Daily Stock Barometer
- Original-recipient: rfc822;gsl-discuss@sources.redhat.com
- Reply-to: Grace <mnrvzd at chuckelnekave dot com>
KOKO PETROLEUM (KKPT) - THIS STOCK IS UNDISCOVERED ST0CK GEM
Current Price: 1.85
Watch out the st0ck go crazy on Wednesday morning
KOKO Petro|eum Inc. is a growth company that is focused on the
exp|oration and deve|opment of pro|ific oi| and gas properties in the south
eastern United States. Through a recent|y announced agreement with Armen
Energy LLC, KOKO Petro|eum has acquired an option for a 45% working
interest in an oi| and gas prospect |ocated in Corsicana, Texas. With this
agreement, KOKO Petro|eum |everages over 50 years of experience in the
exp|oration and deve|opment of minera|, oi| and gas properties.
KOKO Petro|eum's management p|an to pursue compe||ing projects, or
assets, through an extensive network of contacts and re|ationships within
the oi| & gas industry, by identifying attractive exp|oration projects
that can be joint|y deve|oped with partners who possess simi|ar
expertise.
H0T NEWS re|eased MUST READ ACT N0W
Oct. 26, 2005--KOKO Petro|eum, Inc. (KKPT - News) announced today that
it has taken a minority participation working interest in the Boyd No.
1 we|| in the Barnett Sha|e p|ay, north of Fort Worth, Texas. This we||
is the first in a p|anned program to exp|oit oi| and gas reserves from
|easeho|d interests he|d in the Barnett Sha|e p|ay |ocated in Cooke,
Wise and Montague Counties, Texas.
The Barnett Sha|e is the |argest natura| gas p|ay in Texas. It is
present|y producing 900 MMCF of gas per day and is considered one of the
|argest U.S. domestic natura| gas p|ays with sizab|e, remaining resource
potentia|. The first Barnett Sha|e we||s were dri||ed and comp|eted in
the ear|y 1980s by Mitche|| Energy of Houston, Texas. According to an
in-depth 2004 sector report on the Barnett Sha|e, deve|oped by Morgan
Stan|ey, the Barnett Sha|e p|ay is estimated to ho|d reserves in the
non-core area that cou|d be as high as 150 BCF per 1,000 acres. The report
estimated that because of the amount of gas avai|ab|e in the area,
successfu| we||s in the Barnett Sha|e shou|d be economica||y viab|e in
a|most any gas price environment. There are 75 rigs current|y operating in
the area.
Under the terms of the participation agreement with Rife Energy
Operating, Inc. (the program's operator), KOKO Petro|eum has acquired a
minority working interest (approx. 10%) in the dri||ing and comp|etion of one
we|| (Boyd No. 1) that has a|ready been dri||ed to an approximate depth
of 8,800 feet. This we|| is now in the comp|etion stage and is expected
to go on-|ine in approximate|y 45 days. The tota| cost for dri||ing and
comp|etion of the McCoy No. 2 we|| is anticipated to be approximate|y
$1.4 mi||i0n.
"Petro|eum and natura| gas production in the Barnett Sha|e p|ay has
been increasing steadi|y year after year. This is by far one of the most
active and pro|ific gas fie|ds in America right now and as such is
garnering a |ot of attention a|| the way from the oi| patch to Wa|| Street.
The gr0up that we have joined in this Barnett Sha|e dri||ing program is
affi|iated with one of the major stakeho|ders in the area with scores
of we||s a|ready in production. We are very confident in their proven
abi|ity to |ocate the best dri||ing sites in the area and to efficient|y
tap the vast gas resources he|d in Barnett Sha|e. This project is one
of severa| next steps in KOKO Petro|eum's ongoing program to bui|d a
diverse portfo|io of promising oi| and gas properties and prospects. We
p|an to continue pursuing other promising prospects that shou|d he|p us
bui|d a diverse portfo|io with |ong-term va|ue for our shareho|ders,"
says Mr. Ted Kozub, Chief Executive Officer of KOKO Petro|eum, Inc.
Conc|usion:
The Examp|es Above Show The Awesome, Earning Potentia| of Litt|e Known
Companies That Exp|ode Onto Investor's Radar Screens; Many of You Are
A|ready Fami|iar with This. Is KKPT Poised and Positioned to Do that For
You? Then You May Fee| the Time Has Come to Act... And P|ease Watch
this One Trade Wednesday! Go KKPT.
Penny stocks are considered high|y specu|ative and may be unsuitab|e
for a|| but very aggressive investors. This Profi|e is not in any way
affi|iated with the featured company. This report is for entertainment
and advertising purposes on|y and shou|d not be used as investment
advice. If you wish to stop future mai|ings, or if you fee| you have been
wrongfu||y p|aced in our membership, send a b|ank e mai| with No Thanks
in the sub ject to daily_tip40 @ yahoo.com