Cascade wird heute noch explodieren !!!!!!!!!!!!!!! - 500 Beiträge pro Seite
eröffnet am 12.01.06 10:30:03 von
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neuester Beitrag 25.01.06 20:12:26 von
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ISIN: US13765M1099 · WKN: A2H81S · Symbol: NUGS
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Nach diesen News wird es heute wohl so richtig zur Sache gehen... alle weiteren Infos bitte im Hautthread
Cascade Updates Completion Program of the " 7-1" Well at Bolloque
1/12/2006 3:15:01 AM
TUCSON, AZ, Jan 12, 2006 (MARKET WIRE via COMTEX) -- Cascade Energy, Inc. (CSCE), today wishes to update the ongoing completion program at the Bolloque " 7-1" well. The Company has been informed by the operator that the work-over rig arrived on site last week and the crew has begun the perforation and testing of the well. The " 7-1" well testing program is estimated to take 7 to 10 days.
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The engineered completion program will test multiple hydrocarbon bearing zones indicated on logs in the 1,055 metre (3,462 feet) well by perforating and testing for commercially viable oil in the Leduc Formation and natural gas in the Wabamun. The project is located 60 miles north of Edmonton, Alberta in the Leduc area where prolific oil fields south of Bolloque contain wells that produce oil at rates of several hundred barrels per day and include individual wells that have cumulatively produced over one million barrels of oil.
Cascade and the operator are also preparing well tie-in scenarios if the completion program is successful by establishing a well that can produce oil or natural gas at commercial rates.
ABOUT CASCADE ENERGY
Cascade is an explorer and developer of oil and natural gas. The primary objective of Cascade is to acquire, discover, upgrade and expand North American onshore oil and gas reserves towards near-term production and cash flow, together with identifying and participating in exploration opportunities. By maintaining a balanced debt and equity mix, Cascade`s operating strategy is to become cash flow positive in the short term to allow the Company a re-investment of production dollars to enhance and grow company assets. By sourcing and acquiring prospective and producing properties that fit the Company`s investment, development and production criteria, Cascade minimizes risk and focuses on assets that provide a low risk, short payback period and significant potential reserves.
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 expected results from the completion of the Bolloque " 7-1" well, the acquisition of oil and gas reserves, any near-term production or cash flow and our ability to become cash flow positive in the short term to allow us to re-invest production dollars to enhance and grow company assets.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the numerous inherent uncertainties associated with oil and gas exploration. 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, 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
Cascade Energy, Inc.
William Marshall
Contact:
William Marshall
1-888-359-9565
(Visit our website at www.cascadeenergyinc.com)
Cascade Updates Completion Program of the " 7-1" Well at Bolloque
1/12/2006 3:15:01 AM
TUCSON, AZ, Jan 12, 2006 (MARKET WIRE via COMTEX) -- Cascade Energy, Inc. (CSCE), today wishes to update the ongoing completion program at the Bolloque " 7-1" well. The Company has been informed by the operator that the work-over rig arrived on site last week and the crew has begun the perforation and testing of the well. The " 7-1" well testing program is estimated to take 7 to 10 days.
MARKETWATCH TOP NEWS
Army to cancel $8B Lockheed plane program: WSJ
Disney`s Eisner, Iger earned hefty bonuses in 2005
U.S. stocks end higher; Nasdaq up seven in a row
Wal-Mart links pay to diversity goals
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Company: Cascade Energy Inc Add
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The engineered completion program will test multiple hydrocarbon bearing zones indicated on logs in the 1,055 metre (3,462 feet) well by perforating and testing for commercially viable oil in the Leduc Formation and natural gas in the Wabamun. The project is located 60 miles north of Edmonton, Alberta in the Leduc area where prolific oil fields south of Bolloque contain wells that produce oil at rates of several hundred barrels per day and include individual wells that have cumulatively produced over one million barrels of oil.
Cascade and the operator are also preparing well tie-in scenarios if the completion program is successful by establishing a well that can produce oil or natural gas at commercial rates.
ABOUT CASCADE ENERGY
Cascade is an explorer and developer of oil and natural gas. The primary objective of Cascade is to acquire, discover, upgrade and expand North American onshore oil and gas reserves towards near-term production and cash flow, together with identifying and participating in exploration opportunities. By maintaining a balanced debt and equity mix, Cascade`s operating strategy is to become cash flow positive in the short term to allow the Company a re-investment of production dollars to enhance and grow company assets. By sourcing and acquiring prospective and producing properties that fit the Company`s investment, development and production criteria, Cascade minimizes risk and focuses on assets that provide a low risk, short payback period and significant potential reserves.
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 expected results from the completion of the Bolloque " 7-1" well, the acquisition of oil and gas reserves, any near-term production or cash flow and our ability to become cash flow positive in the short term to allow us to re-invest production dollars to enhance and grow company assets.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the numerous inherent uncertainties associated with oil and gas exploration. 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, 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
Cascade Energy, Inc.
William Marshall
Contact:
William Marshall
1-888-359-9565
(Visit our website at www.cascadeenergyinc.com)
Hier nochmal zur Sichrheit das Kürzel : C2A
(nur für alle die immer noch nicht wissen das man nur auf den grünen Namen rechts klicken muss)
(nur für alle die immer noch nicht wissen das man nur auf den grünen Namen rechts klicken muss)
sorry Blauen Namen mein ich
Cascade explodeirt erst im Februar...
anschnallen
anschnallen
yep sehe ich ähnlich! Entweder Ende Januar noch mal ein Schub oder Februar nach News
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