Contact Info
999 18th Street
Suite 3000
Denver, CO 80202
Phone: 303-952-7658
Share Structure
Market Value1 $1,406,507 a/o Sep 09, 2011
Shares Outstanding 135,241,087 a/o Jun 30, 2011
Float estimated 40,000,000
Authorized Shares Not Available
Par Value 0.001
http://www.gridpetroleum.com/?page_id=6
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Kreyenhagen Trend California
Kreyenhagen Trend acreage in the California
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Jonah Prospects
Jonah Prospects – Greater Green River Basin, Wyoming
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About
Welcome to Grid Petroleum Corp.
Grid Petroleum Corp is an American oil & gas company focused on the acquisition, exploration and development of oil and gas properties in North America.
Grid Petroleum’s key asset is the SE Jonah Prospect, based in Wyoming’s Greater Green River Basin. During 2006, the State of Wyoming was second in natural gas production and recorded it’s highest level of natural gas production, largely due to two massive but previously undeveloped natural gas formations – the Jonah Field and the adjacent Pinedale Anticline.
Grid Petroleum Corp.-Rimini Investments Initiates Coverage on Grid Petroleum Corp. Resulting in a Buy Recommendation With a $1.77 Price Per Share Estimate:
Grid Petroleum Corp » News » Grid Petroleum Corp.-Rimini Investments Initiates Coverage on Grid Petroleum Corp. Resulting in a Buy Recommendation With a $1.77 Price Per Share Estimate
Grid Petroleum Corp.-Rimini Investments Initiates Coverage on Grid Petroleum Corp. Resulting in a Buy Recommendation With a $1.77 Price Per Share Estimate
May 2 , 2011 – Denver, Colorado—Grid Petroleum Corp. (OTCBB: GRID) “The Company”) announces as of April 14, 2011- Rimini Investments has initiated coverage of Grid Petroleum Corp resulting in a buy recommendation and a price per share estimate of $1.77.
The report outlines the estimated resource value of the South East Jonah property in the Greater Green River Basin region of Wyoming. and the newly acquired Joaquin Basin Kreyenhagen Trend Leases.
The 36 page report outlines the potential that the combination of these significant resource properties within one company represent.
For access to the report, please visit www.gridpetroleum.com or http://www.riminiinvestments.com/uploads/GRID_Rimini_April2011.pdf
Rimini Investments is an employee-owned, boutique service, research and consulting firm. Rimini is international in scope with researchers working from Canada, the USA, China, Mexico, India and Europe and specializes in growth investing, ranging from natural resource companies, technology companies to alternative company investments.
Grid Petroleum Corp is a development stage company focused on the acquisition and development of low cost high reward oil and gas prospects with infield drilling for proven potential reserves in the United States and Canada.
The company anticipates the initiation of a development plan with its joint venture partners for the purpose of establishing suitable drill sites for the Kreyenhagen Trend leases in the near future. Upon completion the company will have established a time line for the development of its significant Oil and Gas assets.
Grid Petroleum Estimated 41,000,000 Barrels Oil in Place
DENVER, CO–(Marketwire – 05/03/11) – Grid Petroleum Corp. (OTC.BB:GRPR – News) (hereafter “Grid,” “The Company”) announced today the completion of the acquisition of Joaquin Basin Resources Inc. The Company is pleased to announce that it has determined the primary asset of the company, the 4,000 acre Kreyenhagen Trend leases, contain the same target zones of production as the neighboring Kreyenhagen Ranch.
These target zones consist of the heavy oil in the upper Temblor and the Unconventional Shales, of the Kreyenhagen and the Monterey that continue to trend North and South from the Kreyenhagen Ranch Field.
Initial estimates indicate that there exists 82,000,000 BOOIP (Eighty Two Million Barrels Oil In Place). The Company currently holds a 50% Working Interest in the 4,000 acres providing an estimated 41,000,000 BOOIP to the Company’s Interest.
Using a P10 valuation of the Oil in Place reserve calculation and assuming a recovery rate of 10% indicating the volume of recoverable oil at an estimated 4,100,000 Barrels of Oil.
Using a conservative value for oil at $100.00 per barrel and a cost of production at a very conservative $45.00 per barrel of oil providing for a valuation of the Company’s Interest of the Kreyenhagen trend lease at $225,000,000.00 as determined by the company’s geologists.
The Reasons we like GRPR .01 is because it traded as high as .45 and since has been on sell off and 52 week low .0099 , we believe that OIL prices will surge once again as previously mentioned we are tackling the markets with TRENDS and overall market sentiment. When Oil was trading $100-$120 a barrel the U,S Government drew concern and President Obama created Energy Task Force and also tapped in to Oil reserves without notice.In our views this was just a temporary fix and we believe that this will only make Oil prices rise even faster recent instability in Europe shows that the global economy will be in disarray for quite some time Since then The U.S has been involved with Middle East tensions and participating currently with overthrowing of LIBYAN dictatorship. With Euro and U.S dollar taking a down fall among other fiat currencies a Currency War has ensued we believe that the price of oil will reflect this and will eventually rise above $100, we believe commodities in a whole will surge with inflation. Recent news with Euro being pegged to Swedish Franc will increase import and exports and we believe Oil will be the forefront of Global economic prices as Oil is a major part of trade. Carefully monitoring the stock trading we have been waiting to get a confirmation of support and reversal, the stock has saw a sell off most likely due to lower price in Oil from .45 range for the last 3 days we have noticed a close above .01 the stock saw a 52 week low last week of .0099 which was less than $90 worth , the stock saw a high of day closing .012 and we believe the stock can hit .10 as there is not much resistance, accompanied by solid share structure and also chart reversal we could see a bullish run.
CHART:
http://stockcharts.com/h-sc/ui?s=GRPR
The latest Aug 3 2011 10Q what we see is very interesting:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8075607
Shares issued: acquisition of subsidiary February 1, 2011 at $0.12 62,000,000 when they issued those shares, the PPS was above 10 cents
From 10k Jul 24 2010
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8008389
The Kreyenhagen Trend acreage is next to a field, which already has produced over 500 million barrels of oil. The field is promoted by a water drive and can be up-dip of former production. We believe that the Kreyenhagen Trend acreage containing the Temblor Sand, Allison Sand, Kreyenhagen sand, and Monterey Shale zone within the acreage has a potential of roughly 88 million to 114 million barrels of oil in place.
HIGHLIGHTS THAT WE LIKE GRPR
In 2010 they had 68 million O/S. As per the last 10-Q filed in Aug they have 135 million O/S. O/S increased. But 62 million issued for Aqcuisition recently
So the Float should be the same as a year ago
2. Asset approx $8 million and Liabilities less than $500K.
Forgot to mention that 62 million shares Issued@$0.12
Current Filings
OTCQB 2nd tier
Oil stock in an inflammatory Global Market
Address Administrative Offices
5993 W. State Street, Suite A 5993 W. State Street Suite A
Boise, ID 83703 Boise ID 83703
Email: Phone: 208.853.6121
info@sidneyresourcescorp.com Fax: 208.853.6121
Share Structure
Market Value1 $768,793 a/o Aug 02, 2011
Shares Outstanding 76,390,269 a/o Jun 30,2011
Float : 45,536,795 a/o Jun 30,2011
Authorized Shares 500,000,000 a/o Mar 31, 2011
Par Value 0.1
Operational Update
Updated June, 2011
SIDNEY RESOURCES
CORPORATION
LUCKY BEN PROJECT
WARREN MINING DISTRICT,
IDAHO
http://www.sidneyresourcescorp.com/Documents/Update%20SRC%206-20-2011.pdf
•SRC’s surface equipment operators and
laborer’ crew will complete the surface
site preparations for the underground
mining contractors to proceed with
collaring a new audit on the Lucky Ben
Extension patented claim and driving a
crosscut to the vein where development
mining as well as production mining will
move forward.
•SRC will attempt to post updates every 4-
6 weeks
------------------------------
SRC will be completing a short new access road across public lands and making upgrades to existing access roads starting in May/June.
SRC also plans to proceed from Development to Production and Processing this year.
SRC continues to communicate with various funders of various capacities.
Reasonable and agreeable terms for repayment, without incurring extensive debt, are being pursued very vigorously.
Raw ore bins, a crushing and grinding circuit and recovery equipment for the native free milling gold should also be functional this year, increasing cash flow from various
established customers.
A secondary crush and grind circuit, and flotation cells will
recover the microscopic silver sulfides producing a concentrate for refining and marketing by SRC.[/color]
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=56808
-----------------------
The Reason we like this stock is because its a gold mining company with recent filings and solid share structure with Gold reaching new highs of $1940, this company has released filings in the last month and are taking full advantage of this GOLD BULL RUN we have seen what gold stocks have been doing this stock is coming off 52 week low .007 , we are confident that investors will find true value in this company and expect nice growth , recent charts showing accumulation and could fair a nice short to medium term trade , nonetheless we believe this will be a huge month for SDRC and anything below .01 will fare well as we like the share structure and how thin this gold stock trades
RECENT Filings hitting 8.3
http://www.otcmarkets.com/stock/SDRC/financials
Aug 3, 2011 Quarterly Report - SDRC 6-30-2011 financials Jun 30, 2011 Active
Aug 3, 2011 Interim Financial Report - SDRC 6-30-2011 financials Jun 30, 2011 Active
Aug 3, 2011 Initial Company Information and Disclosure Statement - 6-30-2011 Quarterly Report A Jun 30, 2011 Active
Aug 3, 2011 Attorney Letter with Respect to Current Information - 6-30-2011 OTC Markets Ltr A
SIDNEY RESOURCES CORPORATION
“SRC”
LUCKY BEN GOLD/SILVER PROJECT
WARREN MINING DISTRICT, IDAHO
6/14/2011
SRC has executed non-disclosure and confidentiality agreements with two separate, successful, underground precious metal mining companies. Both may (terms and conditions currently bring negotiated) provide funding as well as engineering, geological, metallurgical, concentrating and refining expertise. However, no assurance can be given that SRC will enter into Definitive Agreements with such mining companies.
•SRC’s plan of operations for this year is to move forward to production in various onsite locations. In view of the late, heavy snowfall this spring the Warren Wagon Road from McCall to Warren could be plowed and opened this week. Road bed moisture content will be evaluated to determine when SRC’s heavy equipment can be transported to project without damage occurring to the road and proceeding with operations.
•Cobalt occurs in separate pockets and is not part of the metallurgical makeup of the #4 Little Giant Vein of four identified intersecting vein structures. Cobalt deposits contain less than 2% lead/zinc and that ore can be sold to cobalt refineries. These facts prevent SRC from determining volume and grades of cobalt and are not included in the five page “Mineral Resources Overview” posted on SRC’s website.
•SRC also has commitments and non-disclosure, as well as confidentiality, agreements with independent, highly regarded, underground, precious metals development/production mining companies.
•SRC has arranged for surface equipment operators and laborers.
•SRC plans to post updates every 4-6 weeks.
•For the Officers and Directors
•W.F. Bill Brown, CEO
Videos of Lucky Ben Mine can be seen on : http://www.sidneyresourcescorp.com/
ENERGY 1 CORP COM EGOC: OTC Bid .0013 Ask .0014 We have been mentioning this stock at .0005 range and the stock has broken 200 Moving Day average .0011 we should see a nice uptrend here as there are rumors of current status and also news on contracts on existing patents.
Energy 1 Corporation, formerly Dairy Fresh Farms Inc., is a United States-based energy research and development company. The Company has developed an energy generator for residential, commercial and the transportation industry. Energy 1 Corporation is engaged in testing its residential application in North America. The Company is also conducting laboratories testing for commercial applications from 70 kilowatts to 500 kilowatts. The Company has developed an emission application of its technology for the automotive industry. The system generates electricity to power vehicles without combustion. In March 2009, the Company acquired Monarch Energy Corp., an energy research and development company.Submiited letter of attorney to pink sheets SEP 29 2010 so the company is active http://www.otcmarkets.com/
RECENT ACHIEVEMENTS: Completed merger as anticpated
Recent post on IHUB working on a new patent :
Heads up... I called the office today and spoke to the secretary. Two weeks ago, I confirmed a JV with Tech fuel via the secretary. Although when I called a different number the day before, I got zilch. Today, I spoke to someone named Daniella and she said she would take my number and forward it to the CEO. I asked her about Tech Fuel and she didn't know anything?
I politely told her that two weeks ago she confirmed (or someone at that number (561-347-6462)...didn't get the name last time) there was a JV in the works with Tech fuel.I had to finesse the info out of her, as she was beleaguered fielding phone calls from shareholders. .I explained where all the phone calls were stemming from (IHUB) and she warmed up a little and starting spilling some news...honey catches more flies than vinegar..lol
I then "politely" asked about Clean Air Tech (Wang confirmed this originally) and she did, indeed, confirm that Energy 1 were in talks with them. She also confirmed that they're in talks with several companies.I'm still perplexed about Tech fuel because that was confirmed to me 2 weeks ago and today she didn't know anything about Tech fuel or if she did, she wouldn't say.
I asked about a PR and she said they were shoring up the financials and that along with a PR would be issued soon. At any rate something is definitely cooking! The secretary was extremely nice, but please stop bugging the heck out of her...the PR will come soon.
GLTA
http://investorshub.advfn.com/
The primary Energy 1 Technolgy named "Exhaus Tek", was created to meet the new and evolving emissions standards set by EPA. Our complimentary sister technology named "Ion Tek" is a world leader in boosting fuel efficiency. Both technologies are patent pending and are Licensed through Vortex IP, a wholly owned subsidiary of Energy1 Corporation.
Please take a look at these videos for full explanation of technology and a CEO interview:
http://energy1corp.com/index.
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