Pink sheets
ARNH .0008 The stock continues to consolidate with any updates this low ss stock and recently reinstated stock stock could see an explosive rally.
EMWW .0009 This stock is expecting news on "Challenger Acquisition" this stock could test 52 week low but the stock does appear thin and has low ss , worth watching in triple zero
UYMG .0004 this stock had some solid news into close late Friday, the stock trading near its 52 week low of .0003 and with news late Friday and low share structure could see a strong reversal.
On Track Technology Solutions Negotiates Joint Venture With CGM Energy on Two of Their Leases
EAST HANOVER, N.J., Nov. 16, 2012 /PRNewswire/ -- Unity Management Group (OTC Pink: UYMG), a business resource and service company, is pleased to announce its wholly owned subsidiary, On Track Technology Solutions Inc. (OTT), Has negotiated the farm out of 2 continuous leases (from Integrated Oil and Gas of UYMG) with CGM Energy LLC; Greenville Texas.
"The two have combined approximate 28 wellbores on the Martin Lease (01388 Railroad CommissionNumber) and the Knott's Lease (identified by lease number 01759 Railroad Commission); UYMG and CGM Energy executed an agreement whereby CGM on an industry level will provide funds, services and management of the leases to start putting the wells into production. The first phase is to test and install production and injection systems. CGM has spent several thousand dollars over the last several days to purchase equipment and begin process of installing equipment on these systems." Said Eddie Schilb Presidentof (OTT)
"The parties have been discussing the possibility of well potentials, as well as what needs to be done to bring the wells back online. After completion of the first phase, the parties intend on entering into completion phase of the wells applicable for completion after testing of specific wellbores. We hope to achieve 80 BOPD with a successful Nitrogen or CO2 Huff and Puff or Flood completions." He went on to say. "While the price of oil varies daily we used $86.08 per barrel (although most 5 year forecast is $101.07 Per Barrel); upon successful implementation and good results; 80 BOPD would add approximately $167,477 per month or $2,009,724annually. The lease requires the following: successful well treatment, production flow line, a separator, injection and production systems."
"Historically, EOR projects have the highest financial returns in the industry. One company reports their estimates; amazingly their economic per barrel dollar cost on these projects at current oil prices is in the range of the mid-twenties, depending on the specific field and area. Co2 and Nitrogen is becoming more popular; current success of CO2 gas floods is becoming visible (80 projects producing approximately 200,000 barrels of oil a day an average of 2,500 Barrels of oil a day per project)" Said Josh McAlpine COO of On Trac Technology Solutions Inc.
http://ih.advfn.com/p.php?pid=nmona&article=55071546
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