View Full Version : NXPN Monday June 1st, 2009
kingrichards
06-01-2009, 12:52 AM
As promised my new big turn around pick is NXPN.
Have you heard the quote. "A rising tide lifts all boats."
There's no denying the price of oil is going back up. Oil has topped $66 a barrel on Friday and many analysts are predicting $100 soon!! I'm sure you already feeling the squeeze at the pump. With the oil industry stating to heat up all related energy sector stocks are starting to see gains. I believe NXPN is next. NXPN over the last few days has started to gain momentum and a breakout looks like it just started. A 1 month chart of NXPN shows that has it broken a resistance level on Friday of $0.25 and may be headed up.
View the chart here: http://bigcharts.marketwatch. com/quickchart/quickchart.asp? symb=nxpn&sid=0&o_symb=nxpn& freq=1&time=4 (http://click.icptrack.com/icp/relay.php?r=-1&msgid=0&act=11111&c=485576&admin=0&destination=http%3A%2F%2Frs6.net%2Ftn.jsp%3Fet%3D1 102596488076%26s%3D50267%26e%3D0015b8Y_apkSi4mJjE3-4yq8m_kiS5XhyX77iokJn_14Ush7xPF4H91WVUWWjzIsIz6lS7 ZxIu0YVddkLicNfcJlkEQqxGzOlDdFDdiQlAsuD_PcAkJkaBLO QUbBuFC63SC_wFw0MxuRbG5dVcyiBAXnjUzafY8HaVdwZ0N0UU-qx96XyVA6A2J3bEfiPjft0aEXOIbG6_rxcRmJYP3oS-eYTxgKtHTmUP3MA8k3qXgOCFor8EV9uY7xA%3D%3D)
A research report came out 2 months ago on NXPN by CFA Michael Grobler that put an insane 12 month price target on NXPN at $2.50!! If it ever hit this price which I don't know if it will or not would make the potential gains out to be over 860%
NXPN (Northern Explorations Ltd.) is an energy exploration Company currently developing natural gas projects across North America. The Company has acquired a majority working interests in natural gas assets located in California and Alberta, Canada which have the combined potential to contain 16 BCF gas along with associated plant, pipeline and infrastructure.
Put it on your watch list and always do your own research and consult a financial professional. Let's hear your thoughts on this.
Thanks, from King Richards
Kash Jackson
06-01-2009, 04:53 AM
I like it lol! Lets make some Money on this one!
Kash Jackson
06-01-2009, 07:23 AM
http://finance.yahoo.com/news/Northern-Explorations-Details-iw-15397656.html
Press
Release Source: Northern Explorations Ltd.
Northern Explorations Details Interest in Ozona Project, West Texas Natural Gas Play
On Monday June 1, 2009, 9:00 am EDT
SCOTTSDALE, AZ--(MARKET WIRE)--Jun 1, 2009 -- Northern Explorations Ltd. (OTC BB:NXPN.OB - News) ("Northern," "Norex" or the "Company") is pleased to announce further details of the agreement on the "Ozona Gas Project," to be executed with Swiss-based resource management corporation Dominus Energy AG.
Norex is negotiating a 63% Working Interest in the project located near Ozona in Crockett County, Texas. Under the terms of the underlying agreement with the vendors, Norex will receive a 47.5% Net Revenue Interest in all natural gas production from the project.
The project encompasses 9,000 acres and is a well documented and prolific location enjoying the presence of actively established companies such as Chesapeake, Devon, EOG, XTO, and Quicksilver Exploration. Norex and partners will further detail the program following completion of the requisite documentation which will involve the drilling, completion and tie-in of 20 natural gas wells.
Norex CFO David Naylor comments, "We are very pleased to negotiate such a considerable Net Revenue Interest in this outstanding gas play and will be moving forward quickly to becoming cash flow positive by rapid acceleration of field operations. We believe that Norex can meet the drilling schedule as proposed by the operator of up to 2 wells per month which should provide us the operational cash flow towards fully exploiting the prospect."
The Company is a reporting issuer which provides public disclosure under the securities and exchange act of 1934. Complete details of our agreements will be filed as required by law and made available to the public under the auspices of the Securities and Exchange Commission (SEC).
ABOUT NOREX ENERGY (NORTHERN EXPLORATIONS LTD.) (OTC BB:NXPN.OB - News)
Norex Energy (Northern Explorations Ltd.) is an energy exploration Company currently developing natural gas projects across North America. The Company has acquired a majority working interests in natural gas assets located in California and Alberta, Canada which have the combined potential to contain 16 BCF gas along with associated plant, pipeline and infrastructure.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
Norex Energy (Northern Explorations Ltd.)
- - - - - - - - - - - - - - - - - -
David Naylor, CFO
To find out more about Norex Energy or Northern Explorations Ltd. (OTC BB:NXPN.OB - News), visit our website at www.norexenergyinc.com.
Contact:
Socalgal
06-01-2009, 04:46 PM
I saw that gas in my area is at $3 dollars that is retail. Hmmm....this could be worth a trade. :D
Socalgal
06-02-2009, 11:43 PM
Mr. Richards,
More spammers, I need things to go up but I want them to be my stock picks. I gave up on Sex years ago. The hubby is too old at this point! LOL.
thelipper
06-04-2009, 09:19 AM
Randy Cross, a NFL Super Bowl Champion Veteran, Joins the Board of Directors of Stratus Media Group, Inc., a Sports and Live Entertainment Company
Cross Brings Extensive Sports and Live Entertainment Event Knowledge and Strong Corporate Relationships to Provide Leadership and Growth
LOS ANGELES, May 14, 2009 (BUSINESS WIRE) -- Stratus Media Group, Inc. (OTCBB:SMDI) a sports and live entertainment company, today announced the appointment of Randall ("Randy") Cross to the Board of Directors effective immediately.
thelipper
06-04-2009, 09:25 AM
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