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[Gwm-general] Aggressive Investors and Day Traders them to work immediat
[Gwm-general] Aggressive Investors and Day Traders them to work immediately.
Thu, 3 Aug 2006 07:34:19 -0060
The alert is ON!
Up .26 Tuesday Aug 1st
We expect up another 1.25 by Friday
Our Last pick went up 3.00 in 2 days
Get QEGY First Thing Today!
This Is Going To Explode!
Check out for HOT NEWS!
QUANTUM ENERGY INC (QEGY)
CURRENT_PRICE: $2.75 UP FROM $1.14
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 di
sposal 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.
A closer inspection will inevitably tell you this stock is not to be missed.
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Grover Gaines <=