Pilgrim Petroleum $$$Explosion mit Ansage$$$ - 500 Beiträge pro Seite

[ushuaia]

Servus,

Pilgrim Petroleum könnte am Mittwoch bzw. spätestens am Donnerstag ordentlich durch die Decke gehen.(Oder auch nicht (das ist Börse))

Anfang Mai gab es schon eine heftige Explosion von ein paar tausend Prozent innerhalb weniger Tage.
Der Grund hierfür war eine PR in der behauptet wurde man säße auf ca. 900 Mio. Barrel ÖL. Zieht euch mal das rein. 900 Mio. Barrel. Würde ausreichen um Pilgrim mit mindestens 30$ zu bewerten. Momentan 0,11$.

Zwischenzeitlich wurde mit Gustavson Associates eine renomierte Firma beauftragt die Reserven zu schätzen.

Ergebnisse werden für Mitte dieser Woche erwartet.

Leider ist der wert nur in den USA handelbar, über Consors war es aber überhaupt kein Problem für mich ein paar Stücke zu kaufen.


Würde mich freuen wenn sich ein paar Ölexperten dieser Aktie annehmen. Was mich nur wundert ist das noch kein Big Player auf diese enormen Mengen aufmerksam wurde und sich nicht schon vor Jahren das Gebiet gesichert hat. Es wurde ja nicht erst gestern Öl in den USA gefunden.

Also zerpflückt die Aktie und sagt mir das es nur heiße Luft ist oder sich die Chance des Jahres hier anbahnt.

Gruss
Ushuaia

[MalikErol]

Antwort auf Beitrag Nr.: 21.765.391 von ushuaia am 23.05.06 21:55:19

Hallo ist doch jemand daaaaaaaaaaaa

[MalikErol]

ob das heiße luft ist werden wir mitte der woche erfahren !!!!

[ushuaia]

Achtet unbedint in den nächsten Tage auf diese Aktie.

Hier mal die etwas ältere PR und weiter unten die letzte PR mit der Ankündig der Veröffentlichung der Reserven.

Pilgrim Petroleum Announces Record Income for Quarter and Increase of Potential Oil Reserves
MONDAY, MAY 01, 2006 10:43 AM
- BusinessWire

PGPM
0.12 +0.025 News


Enter Symbol:


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IRVING, Texas, May 01, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, announced today its plans of steadily working on increasing production in its current portfolio of leases on American Petroleum Corporation & General Energy Corp both subsidiaries and operators of Pilgrim.

Based on a 12,000-acre portfolio of proven undeveloped fields in the area of Archer and Wichita County, Texas, Pilgrim Petroleum estimates very high volumes of recoverable reserves. If the whole estimated subsurface is taken into consideration when calculating the potential of recoverable oil, the estimation reveals an approximate of 900 million barrels of recoverable oil.

(Total reserves based on 12,000 productive acres
12,000 acres x 500 feet x 150 barrels per acre foot =
900 million barrels of recoverable oil)



The net effects for the valuation of Pilgrim's stock with this potential recovery can be calculated as follows:

At US$60 per barrel for proven reserves and a portfolio that generates 900 million barrels of oil, Pilgrim Petroleum can be valued conservatively at 900 million barrels x 20% net revenue interest to Pilgrim Petroleum x US$60 per barrel = $10.08 billion less $100 million net development cost = $US10.07 billion in potential assets if fully developed. Pilgrim common stock could be worth approximately: $US10.07 billion divided by 322,720,011 common shares = $33.15 per share.

Pilgrim Petroleum Corporation CEO Rafael Pinedo said: "With these projections in hand, our objectives as a firm are steadily being accomplished as well as our serious commitment to our nation's energy supply."

Safe Harbor" Statement under the Private Securities Litigation Reform Act: Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may, individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.

SOURCE: Pilgrim Petroleum Corporation

Pilgrim Petroleum Corporation, Irving
Eddie Monet, 619-864-0166
Fax: [phone]
www.apetroleum.com

Copyright Business Wire 2006





Pilgrim Petroleum Announces a Contract with Gustavson Associates for Reserve Evaluation
FRIDAY, MAY 19, 2006 12:15 PM
- BusinessWire

PGPM
0.12 +0.025 News


Enter Symbol:


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IRVING, Texas, May 19, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum (Pink Sheets:PGPM) is pleased to announce a contract with Gustavson Associates providing reserve evaluation estimates for Pilgrim Petroleum Corporation. Gustavson Associates has a 25-year track record of quality consulting to industry and governments worldwide. For more information, check www.gustavson.com. Gustavson will deliver an express opinion in the next few days about all our properties located in North Texas. This will define a more sustainable valuation of our company, an accurate target price for analysts and a very important step for our accounting audit required for our filing with SEC. It is anticipated that they will deliver the results of this opinion by the middle of next week.

About Pilgrim Petroleum Corporation.

Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.

Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.

2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.

SOURCE: Pilgrim Petroleum Corporation

Pilgrim Petroleum Corporation, Irving
Eddie Monet, 619-864-0166
www.apetroleum.com

Copyright Business Wire 2006

[tobitorpedo]

bei mir wird bei consors gar nichts angezeigt
aber stimmt es dass man die nur in us handeln kann?
WKN: A0ETGE
bekomme aber qauch keine Kurse aus D

kann jemand helfen

[MalikErol]

Antwort auf Beitrag Nr.: 21.782.225 von tobitorpedo am 24.05.06 16:04:33

Hallo

Ich habe meine stücke auch in usa bekommen , in D bekommt mann keine, noch keine kurse und stücke...


ist heute ein deckel drauf oder was? über 0,120 usd kommt das ding nicht ....

ist aber schön stabil

[ushuaia]

Hoffentlich kommt heute zu Börsenbeginn die PR.

Weiß jemand ob man heute über Consors in den USA kaufen kann?

Wäre echt der Hammer sollten sich die 900 Mio. Barrell bestätigen. Die Firma wäre grass unterbewertet.

[ushuaia]

Antwort auf Beitrag Nr.: 21.791.740 von ushuaia am 25.05.06 12:42:14

Ups, nur wir im Süden haben einen Feiertag

[MalikErol]

May 26, 2006 - 2:44 PM EDT
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PGPM 0.13 0.005
Today 5d 1m 3m 1y 5y 10y

Pilgrim Petroleum Corporation Announced Today Details of the Most Recent Acquisition of Leases

Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today the most recent acquisition of leases for its current asset portfolio located in Wichita County Texas. It includes: Waggoner, W.T. EST. "B" Lease with a cumulative of 162,599 BO, Waggoner "AN" Lease with a cumulative oil of 15,949 BO; Patton Lease with a cumulative 17,544 BO and 1 MMCF, Burnett "EE" with a cumulative of 53,141 BO. They constitute approximately 30 wells in a marginal production area and include processing equipment, acreage and existing production of approximately 25 bpd to 45 bpd. Pilgrim Petroleum will focus on a development strategy for the most promising lease properties and the reactivation of additional wells.

Pilgrim Petroleum Corporation CEO Rafael Pinedo said, "We are sure these acquisitions will add up a good contribution in our stream of revenues and in our asset portfolio. Pilgrim Petroleum is committed to growth and taking the necessary steps to value creation and long-term sustainability."

In addition Pilgrim Petroleum will release early next week the results of the Gustavson report along with details of the upcoming events associated with this important step.

About Pilgrim Petroleum Corporation.

Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company (Pink Sheets:PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.

Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.

2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.

Pilgrim Petroleum Corporation, Irving
Eddie Monet, 619-864-0166
www.apetroleum.com


Source: Business Wire (May 26, 2006 - 2:44 PM EDT)

[ushuaia]

In addition Pilgrim Petroleum will release early next week the results of the Gustavson report along with details of the upcoming events associated with this important step.


Also, doch erst nächste Woche.

Malik, so wie es aussieht sind wir zwei die einzigen die in Pilgrim investiert sind. Oder ist sonst noch einer investiert?

[tobitorpedo]

Antwort auf Beitrag Nr.: 21.826.597 von ushuaia am 26.05.06 22:21:27

bin am überlegen ob ich rein soll

[ushuaia]

Antwort auf Beitrag Nr.: 21.826.966 von tobitorpedo am 26.05.06 23:20:49

Ich bin mit einer kleinen Position schon drin. Werde Pilgrim mit Argusaugen beobachten und evtl. je nach PR nachkaufen bzw.bei einer schlechten PR natülich verkaufen.

Sollten auch "nur" 450 Mio. Barell von Gustavson bestätigt werden, wären Pilgrim immer noch ein riesen Schnäppchen und für weitere tausend Prozent gut.

Die Evaluierung seitens Gustavsons ist für "early next week" angekündigt. Montag ist die Börse in den USA geschlossen, somit ist frühestens am Dienstag damit zu rechnen.

Viel Glück!

[hasi22]

Eine schöne Postition, habe leider auch nur wenig Geld drin dafür schön im Plus

[ushuaia]

Hoffentlich kommt nächste Woche endlich mal Leben in die Bude. Bei diesen Aussichten finde ich es ein wenig schade das sich nur ein paar wenige für diese Aktie begeistern.

[MalikErol]

Hallo

Also wenn die meldug positief ist werde ich voll investieren ,das mit ein paar leuten bei diser Aktie wird aber dann nicht meher lange so sein alle werden auf denn Zug aufspringen wenn die das mit bekommen was ab gehet



Auf eine GRÜNE Woche wünsche ich uns allen

Malik

[ushuaia]

Antwort auf Beitrag Nr.: 21.866.937 von MalikErol am 29.05.06 23:26:50

Das Ding wird diese Woche abgehen wie Schmitz Katze...

Noch habt ihr die Chance das ganze nicht von der Seitenlinie aus zu beobachten.



Wieder schön im Plus eröffnet

[MalikErol]

UPUPUPUPUPUPUPUPUP

[MalikErol]

Heute schluß Kurs denke ich minimum 0,150 usd .

Also noch mal ca. +10 %

[ushuaia]

Antwort auf Beitrag Nr.: 21.874.605 von MalikErol am 30.05.06 15:57:57

Malik, ohne News 0,15$

mit mittelprächtigen News 0,24$

mit sehr guten News sogar 0,5$

mit schlechten News 0,05

[MalikErol]

Das macht KABUMMMMMMMMMMMMMMMMM...

[ushuaia]

Antwort auf Beitrag Nr.: 21.874.875 von MalikErol am 30.05.06 16:11:14

Ich rechne heute ganz fest mit einer News die es in sich hat. In die eine oder in die andere Richtung.

Entweder KABUMMMMMMMMMMM, oder Rohrkrepierer!

[ushuaia]

Antwort auf Beitrag Nr.: 21.875.004 von ushuaia am 30.05.06 16:16:58

Malik, ich glaube keine Sau interessiert sich für die Aktie.

Denke es fehlen die einschlägig bekannten Pusher und somit wurde die Sau noch nicht durchs Dorf getrieben.

Beste Vorraussetzungen für einen kometenhaften Anstieg.

[ushuaia]

0,15$

[MalikErol]

Nein

0,149 $

[MalikErol]

Price Size Exch Time
0.145 1300 OTO 15:42:41
0.14 1300 OTO 15:42:41
0.14 10000 OTO 15:42:39
0.145 10000 OTO 15:42:39
0.14 2000 OTO 15:36:50
0.145 3000 OTO 15:29:30
0.15 3000 OTO 15:29:30
0.145 2500 OTO 15:22:26
0.145 8960 OTO 15:22:23
0.145 1800 OTO 15:21:57
0.15 1800 OTO 15:21:57
0.15 46500 OTO 15:19:36
0.145 46500 OTO 15:19:36
0.15 3400 OTO 15:19:29
0.145 10000 OTO 15:13:23
0.15 2100 OTO 15:12:41
0.145 14000 OTO 15:11:22
0.15 6500 OTO 15:09:14
0.15 450 OTO 15:09:11
0.15 1500 OTO 15:09:09
0.15 8000 OTO 15:01:54
0.145 8000 OTO 15:01:40
0.145 6900 OTO 14:57:14
0.15 100 OTO 14:57:14
0.15 15000 OTO 14:57:14
0.145 100 OTO 14:57:14
0.15 50000 OTO 14:57:14
0.15 50000 OTO 14:51:40
0.15 5333 OTO 14:51:28
0.15 5000 OTO 14:50:43

[ushuaia]

UND JETZT?


Pilgrim Petroleum Corporation Announced Results on the Gustavson Preliminary Report
WEDNESDAY, MAY 31, 2006 8:42 AM
- BusinessWire

PGPM
0.141 +0.002 News


Enter Symbol:


Enter Keyword:



IRVING, Texas, May 31, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today results and explanation of Gustavson preliminary resource report, in addition to future plans to further valuate our properties. Pilgrim Petroleum's initial estimation of potential resources was based on an early or "pre-development" stage, in which estimates are restricted to volumetric calculations under predeterministic methods. According to Gustavson, Pilgrim Petroleum's portfolio of properties presents a high probability of drilling success, namely about 2 out of 3 exploratory wells are likely to discover oil or gas in amounts of 1 million barrels of oil or the equivalent in gas (4-6 BCF). Therefore, it is most likely that 4 fields (3 drilling targets on two land positions at 2/3 success) will be found. The P50 resource estimate is therefore 4 million barrels of oil equivalent. They also provided a rough estimate of approximately $10 million for the exploration/drilling campaign, through seismic, drilling and completion towards finding 4 million BOE with a market value of about $40 million. Gustavson`s preliminary report, is available at our website: www.apetroleum.com.

Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "Our next step is to start an economic evaluation under SEC rules, and immediately bring those values to our financial statements for the second quarter 2006, while we continue more selective acquisitions and partnerships, the value of the company is our highest priority. Pilgrim has a bright horizon. We plan to continue working with Gustavson Associates for future prospect domestic and international acquisition assessments."

About Pilgrim Petroleum Corporation.

Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.

Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.

2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.

SOURCE: Pilgrim Petroleum Corporation

Pilgrim Petroleum Corporation, Irving
Eddie Monet, 619-864-0166
www.apetroleum.com

Copyright Business Wire 2006

[ushuaia]

Antwort auf Beitrag Nr.: 21.890.587 von ushuaia am 31.05.06 15:29:35

Wo sind die 900 Mio. Barrel Öl? Alles verdunstet?

[Broker_Hans]

Antwort auf Beitrag Nr.: 21.890.965 von ushuaia am 31.05.06 15:42:27

Alles verdunstet das oil komisch

[MalikErol]

ay 31, 2006 - 1:59 PM EDT
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PGPM 0.089 -0.052
Today 5d 1m 3m 1y 5y 10y

Pilgrim Petroleum Corporation Announced Today Financial Analysis and Considerations

Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today financial analysis and considerations on the profitability of developing the 4 million BOE by spreading the exploitation of 4 million barrels with an average of $65 per barrel of oil in 4 years. Based on these Gustavson's report assumptions and NPV analysis we have the following:

With the assumption of an initial investment of $10 million and potential cash inflows of $65 million (assuming 1 million BOE per year at $65 oil price) then our PV at a discount rate of 10% would be $206,043,500, meaning a positive NPV of $196,037,000.

(Initial Investment = $10,000,000)
Inflows = $65,000,000
r = 10%
--- (Factor of 3.1699)
n = 4 years
PV = $206,043,500
NPV = $196,037,000

A complete economic report and company valuation is on progress, based on the above analysis and will be part of the audit required for our SEC filing.

Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "These additional inflows will definitely make a direct impact in the fair value of the company and should bring the value of our stock up considerably, without considering variables like oil prices, new acquisitions and partnerships, etc."

About Pilgrim Petroleum Corporation

Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.

Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.

2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.

Pilgrim Petroleum Corporation, Irving
Eddie Monet, 619-864-0166
www.apetroleum.com


Source: Business Wire (May 31, 2006 - 1:59 PM EDT)

[ushuaia]

Antwort auf Beitrag Nr.: 21.895.679 von MalikErol am 31.05.06 20:25:37

Malik, hälst du noch?

[MalikErol]

Joooooooooooo

und aufgestockt



immer hin 4 Millionen

1 Million Berl in einem jahr x ca.65$= 65 Millionen $ x 4 jahre

[MalikErol]

PGPM -- Pilgrim Petroleum Corp.
Com ($0.0001)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
bellwetherreport.com: The Bellwether Report take time to Dig a Little Deeper into Pilgrim Petroleum Corporation

May 31, 2006 (M2 PRESSWIRE via COMTEX) -- Pilgrim Petroleum Corporation (OTCPK:PGPM), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.

Pilgrim Petroleum Corporation an independent oil and gas company, this morning announced an exclusive contract with Basic Energy Services Basic Energy, headquartered in Midland, Texas, is the nation's third largest well servicing contractor providing well repair, workover and completion services.

Effective today, Basic Energy will be providing general services on approximately 20 to 60 wells on four of our more important leases (Hooks, Lockrige, Climax, Morgan) and the reactivation of the White Meldon lease. We would like to increase our current production with an additional up to 60 currently non-operated wells. This will create extraordinary revenue income, in addition to increasing our proven reserves in a short amount of time.

This morning the company announced results and explanation of Gustavson preliminary resource report, in addition to future plans to further valuate our properties. Pilgrim Petroleum's initial estimation of potential resources was based on an early or "pre-development" stage, in which estimates are restricted to volumetric calculations under predeterministic methods.

According to Gustavson, Pilgrim Petroleum's portfolio of properties presents a high probability of drilling success, namely about 2 out of 3 exploratory wells are likely to discover oil or gas in amounts of 1 million barrels of oil or the equivalent in gas (4-6 BCF). Therefore, it is most likely that 4 fields (3 drilling targets on two land positions at 2/3 success) will be found. The P50 resource estimate is therefore 4 million barrels of oil equivalent. They also provided a rough estimate of approximately $10 million for the exploration/drilling campaign, through seismic, drilling and completion towards finding 4 million BOE with a market value of about $40 million. Gustavson's preliminary report, is available at our website: www.apetroleum.com.

Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "Our next step is to start an economic evaluation under SEC rules, and immediately bring those values to our financial statements for the second quarter 2006, while we continue more selective acquisitions and partnerships, the value of the company is our highest priority. Pilgrim has a bright horizon. We plan to continue working with Gustavson Associates for future prospect domestic and international acquisition assessments."

Following this announcement Pilgrim Petroleum Corporation shares took a dive as they fell over 35% on huge volume as investors unloaded shares in hopes of finding better opportunities. Pilgrim is a great opportunity as they are still very fresh and have a lot of potential for a significantly successful future, as they currently only trade for $0.09.. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.

To review research on small cap companies like Pilgrim Petroleum Corporation, as well as many more exciting articles we encourage you to visit www.bellwetherreport.com. You can find these reports under the "Today's Articles" section. No credit Card Needed!!

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-0-

Search for Dun & Bradstreet reports on this company.

[MalikErol]

Immer hin


With the assumption of an initial investment of $10 million and potential cash inflows of $65 million (assuming 1 million BOE per year at $65 oil price) then our PV at a discount rate of 10% would be $206,043,500, meaning a positive NPV of $196,037,000.

[ushuaia]

Ich bin ausgestiegen, nachdem ich den Gustavson Report gelesen habe. Das es keine 900 Mio. Barrel geben wird war mir auch klar. Das aber aus 900 Mio. nur eine Mio. geworden ist echt der Hammer, somit haben die in meinen Augen komplett die Glaubwürdigkeit verloren. Sowas ist ein k.o Kriterium für mich--deshalb ausgestiegen.

[MalikErol]

Wirkungsvoller heutiger Tag, wird grundlegende Energie allgemeine Dienstleistungen auf ungefähr 20 bis 60
Brunnen auf vier unserer wichtigeren Mieten (Haken, Lockrige, Höhepunkt, Morgan) und der Reaktivierung der weißen Meldon Miete zur Verfügung stellen. Wir möchten unsere laufende Produktion mit erhöhen zusätzliche bis 60 z.Z. nicht-Betriebsbrunnen. Dieses verursacht außerordentliches Einkommen Einkommen, zusätzlich zur Erhöhung unserer nachgewiesenen Reserven in einer kurzen Zeitmenge. Heute morgen verkündete die Firma Resultate und Erklärung Gustavson des einleitenden Hilfsmittelreports, zusätzlich zu den zukünftigen Plänen zum weiteren valuate unsere Eigenschaften. Pilgrim Petroleum\s Ausgangsschätzung der möglichen Betriebsmittel basierte auf einem frühen oder "Vorentwicklung" Stadium, in dem Schätzungen auf volumetrische Berechnungen unter predeterministic Methoden eingeschränkt werden.

[MalikErol]

Antwort auf Beitrag Nr.: 21.896.263 von ushuaia am 31.05.06 21:10:26

Ich kann dich verstehen ist schade das es so wenig ist aber ich deke wenn die 60 Brunen haben da muss noch meher raus kommen ,

Der Report ist doch nicht für die Kommplette Brunen das ist doch nur 3 oder 4 Bohrungen die Proben .

Wenn die denn schnitt halten wurden könnte bei aller Brunen doch ca, 60 Millionen Brel ol raus kommen

ODER ????

[MalikErol]

Wenn das so schlecht sein wurde ,dann wurden die leute nicht kaufen sonder noch meher fallen .

ODER ???


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[MalikErol]

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[ushuaia]

Pilgrim Petroleum Corporation Announced Today an Explanation of the Previous May 1st Press Release
THURSDAY, JUNE 01, 2006 9:21 AM
- BusinessWire

PGPM
0.10 -0.041 News


Enter Symbol:


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IRVING, Texas, Jun 01, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets:PGPM) announced today an explanation of the previous May 1st Press Release. After thorough research, Potential Oil Resources calculations without taking some factors like porosity, etc., into account can produce high estimate reserves due to inconsistencies in the volumetric calculations. Further definition between the methods used requires determining factors with inherent uncertainties by themselves and even more when they are combined. As commented SCA Geologic (2003), "over the past 25 years significant errors haven been present in reserve calculations as a result of using the wrong thickness value to determine the reservoir quality sand or to prepare net pay maps for volumetric calculations. Errors of 20 to 30 percent are not uncommon, but on occasion errors of up to 700 percent have been documented." Under this premise Pilgrim Petroleum decided to obtain a 3rd party opinion as a part of the pre-valuation stage in order to make wise capital outlays. Before anything, the company needs measures with less uncertain methodology. Gustavson preliminary report provides a reviewed, more thorough and conservative identification of the company's current assets value and resource estimates. This report did not cover our latest acquisition of production and acreage from last week or other acquisitions to be closed in a week. Neither report will include any marginal existing production or take into consideration a significant amount of processing equipment already in place. After all the complete report from Gustavson will be done in weeks, we are confident that this final number of Potential Resources will be significantly higher.

Rafael Pinedo, CEO of Pilgrim Petroleum Corporation, commented, "Lessons Learned. As we grow, we exponentially encounter challenges that we need to offset through accurate operational management. Our commitment to the company and our shareholders is our driving force, we are very confident on the final results."

About Pilgrim Petroleum Corporation

Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.

Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.

2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.

SOURCE: Pilgrim Petroleum Corporation

Pilgrim Petroleum Corporation
Eddie Monet, 619-864-0166
www.apetroleum.com

Copyright Business Wire 2006

[MalikErol]

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[MalikErol]

PGPM -- Pilgrim Petroleum Corp.
Com ($0.0001)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Pilgrim Petroleum is Pleased to Announce Record in Current Financial Ratios

IRVING, Texas, Jun 02, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum (Pink Sheets:PGPM) is pleased to announce record in current Financial Ratios as of May 31, 2006:

-- Net Profit Margin = 25.64%. It means that for each dollar of sales that Pilgrim generates, it is contributing 25 cents to its bottom line (net income). It reveals how Pilgrim's management controls the cost structure of the firm.

-- ROA = Net Profit after tax/total assets = 24.63%. Indeed, well above average, earning almost 25% on our asset investment.

-- ROE = Net Profit after tax/Stockholder's equity = 25.35% growing ROE or ROI. Pilgrim is striving to payoff its investors! This financial ratio tells the rate that shareholders are earning on their shares. (Generally, companies that generate high return relative to their shareholder's equity are companies that pay their shareholders off substantially, creating significant assets for each dollar invested. These businesses are more than likely self-funding companies that require no additional debt or equity investments.)

Pilgrim Petroleum's goal is to keep improving these ratios, not only will new leases contribute to an immediate increase of revenues as well as the overall production levels, but also the recent contract with Basic Energy and JAR will boost the production expectations. Here are some additional highlights:

1) Increase on financial ratios over 300% comparing with the figure
from six months ago, from negative to positive ratios.

2) We have no debt. Our obligations, are solely to our stockholders.

3) Estimated substantial revenues from new development of reserves

4) Short and Mid term Growth Strategy through new acquisitions

5) Plans to venture with peer companies to acquire working interest in
attractive new prospects. This way, Pilgrim will be able to reduce
the risk of exploration projects while increasing new sources of
revenue.



Rafael Pinedo, President and CEO of Pilgrim Petroleum Corporation, commented, "Pilgrim Petroleum is growing exponentially in a very short time; the results for this coming quarter will be the best ever for the company. Our focus is not only to increasing profitability, but also achieving long-term sustainability."

About Pilgrim Petroleum Corporation

Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.

Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.

2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.

SOURCE: Pilgrim Petroleum Corporation

CONTACT: Pilgrim Petroleum Corporation
Eddie Monet, 619-864-0166
www.apetroleum.com

Copyright Business Wire 2006

-0-

KEYWORD: United States
North America
Texas
INDUSTRY KEYWORD: Energy
Oil/Gas
Other Energy
SUBJECT CODE: Earnings

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