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Monday, September 19, 2005

Oil Stocks in America. Drilling our own right here

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Spammers Address: Zelma McDaniel mcDanielfg@charlottenc.nefn.com

Spam Subject: Oil Stocks in America. Drilling our own right here

Spam Content:
***Energy Stock Alert With News For Monday*** Northamerican Energy Group Corp.(OTC:NNYG) Symbol: NNYG . pk Current Price: $.07 How Will The Stock React Monday To The News Below? A Huge PR Campaign will follow this News! Will it Give You the Chance to Make Fast Money? If you think so, Then You May Want to Go For It. Read the Following in its Entirety: Could This be Huge? Breaking News: Press Release Source: Northamerican Energy Group -- Muddy Gas HOUSTON, Sept. 16, 2005 (PRIMEZONE) -- Northamerican Energy Group Corporation (Other OTC:NNYG.PK - News) previously announced that it had signed a memorandum of understanding to acquire the lease holdings owned by Muddy Gas LLC , a corporation that owns these gas leases in the state of Montana. During the due diligence phase, Northamerican Energy discovered that numerous independent operators had drilled hundreds of wells in this area in an attempt to locate another Bell Creek Oil Field, which produced in excess of 125 million barrels beginning in the late 1960s; however, all they were able to locate was natural gas in the Muddy Sandstone formation at about1,800 feet. Since the initial production rates were between 50-900 MCFD, estimated recoverable reserves of 200-500,000 MCF per well, and natural gas prices were well under $3.00 MCF, none of the operators could justify the cost to install a 300-mile pipeline to potential markets, so the wells were plugged and abandoned. However, as result of the coalbed methane gas discoveries in the area, the Grasslands 16`` gas pipeline was built in 2003 within three miles of these leases, tying into the 48'' Northern Border pipeline running from Canada to the Midwest. ``Muddy Gas LLC has identified over 80 potential well locations in the 13,000 acres encompassing these leases. With natural gas prices currently in the $11.00 MMBTU range, coupled with low-cost drilling and completion costs, the first group of 44 wells anticipates generating annual revenue of $18-$22_milli0n, with some upside potential if the flow is better than anticipated,'' stated Jon Ginder, NorthamericaGroup's CEO. ``We are looking forward to closing on this valuable, gas-rich piece of property and starting our drilling program this year on the first four sites that Muddy Gas LLC has permitted,'' continued Jon Ginder. Northamerican Energy Group Corporation has developed a proven growth strategy of identification, acquisition, and development of domestic hydrocarbon reserves. The company will concentrate on acquiring prospects that are, and have proven, oil and gas production which has been operating for many, many years. By acquiring working interests in proven low-risk fields, the company minimizes the risk by not ``wildcatting or drilling dry-holes,'' and incurring any expense of building major infrastructure to get the product to market. Finally, the company's low-cost operations and low overhead structure allows the company to maximize the income and revenue from each production lease.Put in on Your Radar Screen Now and Watch this One Monday! Information within this email contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. As with many microcap stocks, today's company has additional risk factors that you would need to know to make an informed and intelligent decision. Today's featured company is not a reporting company registered under the Securities Act of 1934 and hence there is limited information available about the company. Other factors include nominal cash, nominal revenues in its most recent quarter and a nominal net worth. It is not currently an operating company.The acquisitions mentioned in press releases may not be definitive agreements and may not occur. The company is going to need financing. If that financing does not occur,the company may not be able to continue as a going concern in which case you could lose your entire investment. Other risks and uncertainties include, but are not limited to, the ability of the Company to complete its business plan,reliance on key personnel, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks associated with their business. The publisher of this news letter does not represent that the information contained in this message states all material facts or does not omit a material fact necessary to make the statements therein not misleading.All information provided within this email pertaining to in-vesting, st0cks,securities must be understood as information provided and not in-vestment advice. The publisher of this newsletter advises all readers and subscribers to seek advice from a registered professional securities representative before deciding to trade in stocks featured within this email. None of the material within this report shall be construed as any kind of in-vestmentadvice or solicitation. Many of these companies are on the verge of bankruptcy. You can lose all your money by investing in this stock. The publisher of this newsletter is not a registered in-vestment advis0r. Subscribers should not view information herein as legal, tax, accounting or investment advice. Any reference to past performance(s) of companies are specially selected to be referenced based on the favorable performance of these companies. You would need perfect timing to acheive the results in the examples given. There can be no assurance of that happening. Remember, as always, past performance is never indicative of future results and a thorough due diligence effort, including a review of a company's filings when available, should be completed prior to in vesting. In compliance with the Securities Act of 1933, Section17(b), The publisher of this newsletter has received three thousand dollars for services in the past and is currently contracted to receive twenty five thousand d0llars from a third party, not an officer, director or affiliate shareholder for the circulation of this report. Be aware of an inherent conflict of interest resulting from such compensation due to the fact that this is a paid advertisement and is not without bias. The party that paid us has a position in the stock they will sell at anytime without notice. This could have a negative impact on the price of the stock, causing you to lose money. All factual information in this report was gathered from public sources, including but not limited to Information Statements and Company Press Releases. The publisher of this newsletter believes this information to be reliable but can make no guarantee as to its accuracy or completeness. Use of the material within this email constitutes your acceptance of these terms.



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2 Comments:

Anonymous Anonymous said...

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6:48 AM  
Anonymous Anonymous said...

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1:59 AM  

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