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American companies finding Oil here at home
American companies finding Oil here at home
Mon, 06 Jun 2005 22:41:11 -0800
Oil is tough to find and getting tougher
THE NEWS IS OUT AND THE RUN IS STARTING, WE ASK YOU TO JOIN
THE FUN, WATCH AND SEE
Eldorado Exploration Inc.
Current Price: .36
*****************WATCH THIS ONE JUNE 6-22 AS WE KNOW MANY OF YOU LIKE
MOMENTUM AND TODAY PROOVED THAT***************
We ask you to watch it trade Monday morning and hope you hop on the band
wagon....Good luck and enjoy the ride !!!!!!
Every single facet of our modern life is tied back to energy. Lose that
catalyst and commerce stops.food rots in the fields.New York City goes dark.
And the supply/demand imbalance for all traditional energy sources is fast
"Fortunes will be made in the "technology of keeping the lights on:" Turning
coal into diesel fuel; turning sand into barrels of oil; creating new hybrid
technologies; developing new infrastructure efficiencies; and most of all,
building and fueling the new generation of nuclear power plants.
Talk energy with most folks, and names like Exxon immediately roll off their
tongues. Well, okay, grandpa, but that's yesterday's news.
Lets move on to oil. Notice how oil has exploded higher this week. The
short-term reason: Expectations that the summer driving season will suck up
more gas and oil than expected. Longer-term reason: Oils in one heck of a
bull market. I would not be surprised to see $65 - $70 oil this year.
These are two partial clips we read today from two different analysts. They
are from emails we subscribe to. It seems lots of people are focused on oil
and in our opinion for very good reason. WE all know why! Many small
unheard of companies could become giants in the industry which brings us to
this brand new company we think you should keep an eye on....
Eldorado Exploration Inc. (Pink Sheets: EDEX) is an independent Oil & Gas
Co. that uses a proprietary process (PIP) that improves the success rate for
finding oil & gas. The company's process when used with other geology
methods can increase the odds of finding a commercial discovery to better
"Our company avoids expenditures by not drilling on lesser
prospects.Drilling for low risk, low return wells are for other companies"
Stated, David (Tom) Laurance, President and Director
*WHY EDEX SHOULD BE ON YOUR RADAR:
1. Oil prices are up 60 percent more than a year ago and consumption is
climbing as well.
2. EDEX has the right to drill on four prospects covering 40,000 acres in
3. One of the potential fields has estimated natural gas reserves of 4.5
Trillion Cubic Feet, valued in excess of $20 Billion.
4. EDEX has received Authorization for Expenditure for the 11,300 acre site.
5. EDEX's technology combines known geology methods with its
computer-enhanced software (15 years in development)
6. EDEX is set to capitalize upon a process that can identify potential oil
and gas deposits from the surface readings of passive induced polarity
7. Passive Induced Polarity (PIP) takes various data from sites to determine
it is a valid area to explore and develop; the technology increases the
chance of a successful well.
8. EDEX has teamed with a manufacturer that produces a drill bit that works
at higher speeds than conventional bits. It also can reduce the cost of
drilling a well by up to 25%.
9. Eldorado Exploration Inc. seeks leases with medium to large field
potential that can be found and produced for $1 per barrel or less.
10. Eldorado hopes to drill up to 10 wells during 2005 and 20 wells in 2006.
11. The process EDEX uses (PIP) has been used to find three new oil and gas
fields, increasing the odds on a wildcat well from one in ten to as much as
one in two.
12. EDEX has the right to participate in any new prospects generated by the
PIP process of which there are now five major-sized targets the company has
committed to drill.
13. The Passive Induced Polarity (PIP) process has
around a 70% success rate. (more success = less wasted drilling)
14. EDEX announced production has been set on a Canyon Sand oil discovery in
Texas. It is expected to start by the first week of June.
15. EDEX is acquiring a 7,542-acre oil and gas lease block in Toole County,
16. The Toole County targeted sands could have over 1,000,000 BBLS of oil
and 4 BCF of gas net. (oil is currently at over $50.00 a barrel)
17. EDEX has a 75 percent working interest in the Toole County site.
*** PIP Method That Helps Increase Commercial Finds by up to
*THINGS TO CONSIDER:
Eldorado Exploration is in position to take advantage of the current demand
and booming world market price of oil and gas.
Their Process: PIP Identifies potential oil and gas deposits from the
surface readings of passive induced polarity (PIP). This (PIP) process can
increase the chance of a commercial discovery to better than one in two.
Eldorado Exploration Inc. utilizes an approach in the energy industry in
which the company believes dramatically increases commercial discoveries
from 1 in 10 to 7 out of 10. This process has been developed over the past
15 years and combines known geology methods with its own computer-enhanced
There is huge pressure to reduce America's reliance on foreign oil.
Independent Oil & Gas Companies like Eldorado Exploration are helping to
reduce this dependence. Oil has become a national security issue and
Eldorado Exploration, with their experienced management, recent
acquisitions, and technological edge, makes this a company we feel you will
want to watch starting now!
Keep your eye out for news.......THIS IS OUR 3RD WINNER IN THE LAST 2 MONTHS
WE ARE GIVING YOU.......
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