MORGAN CREEK NEW - 500 Beiträge pro Seite
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ISIN: US61732R2067 · WKN: A0QYTM
Neuigkeiten
Werte aus der Branche Versorger
Wertpapier | Kurs | Perf. % |
---|---|---|
99,97 | +44,88 | |
5,0000 | +25,00 | |
15,800 | +15,75 | |
44,00 | +10,33 | |
37,40 | +10,00 |
Wertpapier | Kurs | Perf. % |
---|---|---|
3,2512 | -8,16 | |
11,444 | -11,15 | |
12,020 | -12,58 | |
0,9700 | -15,65 | |
5,9400 | -20,80 |
neuer anfang neues glück zu morgan creek new
wo durch der rasche Kursanstieg?
Weiß einer mehr?
Weiß einer mehr?
Hallo zusammen,
ich nhabe mein Depot bei der DAB-Bank. Meine Morgan Creek sind aber noch gesperrt. Es findet aber doch schon wieder ein Handel zum neuen Kurs statt. Wer kann mir sagen, wie dieses möglich ist.
tom959
ich nhabe mein Depot bei der DAB-Bank. Meine Morgan Creek sind aber noch gesperrt. Es findet aber doch schon wieder ein Handel zum neuen Kurs statt. Wer kann mir sagen, wie dieses möglich ist.
tom959
moin,moin,
sieht danach aus als ob was rüberkommt.
wird sich kräftig eingedeckt.
sieht danach aus als ob was rüberkommt.
wird sich kräftig eingedeckt.
Antwort auf Beitrag Nr.: 34.085.730 von trude0815 am 13.05.08 21:28:43sieht ganz danach aus.......wird auch Zeit
haben uns ja lange genug kurz gehalten
haben uns ja lange genug kurz gehalten
Antwort auf Beitrag Nr.: 34.086.157 von miga1 am 13.05.08 22:07:31gab wohl gestern wieder ein neuen report , gott weis was darin steht , scheint aber einiges interesse geweckt zu haben .
mehr konnt ich auch rausbekommen .
dem umsatz nach ;álten zeiten ; sehr gute nachrichten
grüsse aus thür.
mehr konnt ich auch rausbekommen .
dem umsatz nach ;álten zeiten ; sehr gute nachrichten
grüsse aus thür.
Antwort auf Beitrag Nr.: 34.086.307 von trude0815 am 13.05.08 22:22:49verdient hätten wir sie ja .......
steigende Kurse
schöne grüsse aus nrw
steigende Kurse
schöne grüsse aus nrw
Antwort auf Beitrag Nr.: 34.086.341 von miga1 am 13.05.08 22:26:21sieht ja heute noch besser aus
warten wir ab was die AMIS UNS SAGEN WOLLEN
warten wir ab was die AMIS UNS SAGEN WOLLEN
Antwort auf Beitrag Nr.: 34.086.307 von trude0815 am 13.05.08 22:22:49Hallo Leute, recherchiert mal auf der Website von Morgan Creek. Aber die Spprache English wählen, in Deutsch kommt noch nix.
http://www.morgancreekenergy.com/investorinfo.htm
http://www.morgancreekenergy.com/investorinfo.htm
Antwort auf Beitrag Nr.: 34.102.622 von carog am 15.05.08 17:22:03
was gibt es denn dort neues zu sehen?
was gibt es denn dort neues zu sehen?
Antwort auf Beitrag Nr.: 34.106.744 von Chance2007 am 16.05.08 08:24:17May 07, 2008: Morgan Creek Energy Appoints David Urquhart, P. Eng. As President, Chief Executive Officer and Director of The Board
(more...)
Immerhin scheint es sich bei Morgan Creek m.E. nicht nur um einen Börsenmantel zu handeln. Die Kurse steigen endlich einmal. Vielleicht wissen die Amis diesmal mehr.
Ich hoffe, wenigstens bei meinem Einstiegskurs zu landen.
Bin kein Iceman-also nicht so cool, was Verluste angeht.
(more...)
Immerhin scheint es sich bei Morgan Creek m.E. nicht nur um einen Börsenmantel zu handeln. Die Kurse steigen endlich einmal. Vielleicht wissen die Amis diesmal mehr.
Ich hoffe, wenigstens bei meinem Einstiegskurs zu landen.
Bin kein Iceman-also nicht so cool, was Verluste angeht.
Antwort auf Beitrag Nr.: 34.108.290 von carog am 16.05.08 10:53:21
wenn du bis jetzt deine shares gehalten hast, dann kannst du das auch weiterhin. entweder totalverlust, oder großer gewinn. solange deine position klein ist. vielleicht bahnt sich ja hier ein comeback a´la energulf an.
wenn du bis jetzt deine shares gehalten hast, dann kannst du das auch weiterhin. entweder totalverlust, oder großer gewinn. solange deine position klein ist. vielleicht bahnt sich ja hier ein comeback a´la energulf an.
Antwort auf Beitrag Nr.: 34.108.500 von Chance2007 am 16.05.08 11:09:39Du machst Mut!
Antwort auf Beitrag Nr.: 34.108.778 von carog am 16.05.08 11:34:04
wichtig ist hier fantasie. wenn die erst aufkommt, dann geht es auch wieder hoch. bei energulf lief es auch so. dort wurde angekündigt, dass die bohrungen auf deren ölfeld beginnen, und schon war wieder fantasie in dem wert. sowas muss hier auch her.
wichtig ist hier fantasie. wenn die erst aufkommt, dann geht es auch wieder hoch. bei energulf lief es auch so. dort wurde angekündigt, dass die bohrungen auf deren ölfeld beginnen, und schon war wieder fantasie in dem wert. sowas muss hier auch her.
Antwort auf Beitrag Nr.: 34.108.908 von Chance2007 am 16.05.08 11:47:21sieht eigentlich keiner wieviele Aktien sich die Amis letzte Tage kauften????????????
Antwort auf Beitrag Nr.: 34.109.128 von miga1 am 16.05.08 12:07:54
wieso sollen wir das nicht sehen? ich sehe jedenfalls, dass die amis 10 mal mehr aktien umsetzen als wir deutschen. vielleicht treiben in amiland bb´s die mcke durch´s dorf. unser schaden soll es nicht sein.
wieso sollen wir das nicht sehen? ich sehe jedenfalls, dass die amis 10 mal mehr aktien umsetzen als wir deutschen. vielleicht treiben in amiland bb´s die mcke durch´s dorf. unser schaden soll es nicht sein.
Antwort auf Beitrag Nr.: 34.109.344 von Chance2007 am 16.05.08 12:29:40das glaubst Du doch selber nicht
Antwort auf Beitrag Nr.: 34.109.708 von miga1 am 16.05.08 13:08:07schauen wir mal was die Amis heute bis 22:00Uhr machen......
ich sage nur es geht wieder Richtung Norden
ich sage nur es geht wieder Richtung Norden
ich würde gerne mal wieder was von mcke hören, woran die gerade arbeiten. auf jeden fall wohl an geldbeschaffung, damit sie ihre explorationsarbeiten weiter bezahlen können. denn cash dürften die nicht mehr viel haben.
Antwort auf Beitrag Nr.: 34.109.974 von Chance2007 am 16.05.08 13:34:59moin, moin
wer lesen kann ist klar im vorteil
http://biz.yahoo.com/e/080515/mcke.ob10-q.html
mal sehen was sonst noch so rüber kommt.
grüsse trude
wer lesen kann ist klar im vorteil
http://biz.yahoo.com/e/080515/mcke.ob10-q.html
mal sehen was sonst noch so rüber kommt.
grüsse trude
Antwort auf Beitrag Nr.: 34.115.068 von trude0815 am 16.05.08 23:21:43
was liest du denn dort so? vor allem, was gibt es neues? ich habe eher das gefühl, die arbeiten stagnieren.
was liest du denn dort so? vor allem, was gibt es neues? ich habe eher das gefühl, die arbeiten stagnieren.
Antwort auf Beitrag Nr.: 34.115.068 von trude0815 am 16.05.08 23:21:43
es geht doch nur um den aktienkurs, um shares, um kohle und lizenzen. aber ansonsten tut sich rein gar nichts. oder lese ich was falsch?
es geht doch nur um den aktienkurs, um shares, um kohle und lizenzen. aber ansonsten tut sich rein gar nichts. oder lese ich was falsch?
geht doch
für den Anfang nicht schlecht
für den Anfang nicht schlecht
Antwort auf Beitrag Nr.: 34.154.782 von miga1 am 22.05.08 21:33:37was ist denn hier los? die aktie steigt und steigt und steigt und......
Antwort auf Beitrag Nr.: 34.156.295 von naiv1 am 23.05.08 09:03:17ich weiss es selber nicht , aber ich bi´n schon lange dabei und bleibe auch drin. Die Amis haben so eine schlechte Informationspolitik die ist zum Kotzen
Antwort auf Beitrag Nr.: 34.156.295 von naiv1 am 23.05.08 09:03:17
hammer, oder? da scheint jemand ein interesse daran zu haben, dass der kurs wieder höher steht. soll mir recht sein.
hammer, oder? da scheint jemand ein interesse daran zu haben, dass der kurs wieder höher steht. soll mir recht sein.
Mega-Volumen heute
Morgan Creek Energy Hires OPS Group Ltd. as Contract Operator to Drill Oil/Gas Test Program on Frio Draw Prospect, New Mexico
2008-06-12 09:15 ET - News Release
DALLAS, June 12 /PRNewswire-FirstCall/ -- Morgan Creek Energy Corp., (the "Company") has signed an Operating Contract with OPS Group Limited of Houston, Texas to act as its Operator in the Frio Draw field leases acquired by Morgan Creek in Curry County, New Mexico over the last two months. Morgan Creek holds a 100% working interest in approximately 14 contiguous sections in T2&3N, R34E.
The Company has initiated plans through OPS to drill a vertical test into the San Andres carbonate section, and to acquire the necessary tubulars required to drill and complete the proposed test. The Company expects to be ready to stake and construct the project's initial drill site within the next two weeks, so that the test can be spudded during the next available drilling window.
The San Andres, a carbonate sequence in the Frio Draw area, is of Permian Age and has been one of the most prolific oil producing horizons in North America. There are three major porosity cycles developed within the San Andres series. Each cycle represents a separate transgressive event, and each event is characterized by a lower shale sequence overlain by carbonates that grade into evaporates, typically oil. These cycles represent the three primary targets for oil and gas bearing horizons.
Morgan Creek's Frio Draw area focuses on the middle of the three targets. Detailed log analyses on over 100 wells penetrating this cycle have delineated areas where there is a noted increase in porosity and permeability. Within this trend, the majority of analyzed wells demonstrated oil and gas shows. No commercial production has ever been attempted.
Morgan Creek's depositional -- diagenetic modeling, based on Shell Oil's stratigraphic testing of this porosity cycle in the mid 1960's, has defined several prospective productive areas.
About OPS Group Limited
OPS Group Limited, formed in 2005, provides a cost-effective means of outsourcing engineering, regulatory and accounting services as an operating package. The company provides its contract clients with knowledgeable and skilled professionals to perform the critical task of well operations on a short or long term basis. OPS provides these services through a contractual arrangement with New Tech Engineering, LP, founded in 1998. New Tech is one of the largest domestic engineering-consulting firms in the energy industry with regional offices in ten cities and with more than 400 well site, engineering, and project management consultants working domestically and around the world.
2008-06-12 09:15 ET - News Release
DALLAS, June 12 /PRNewswire-FirstCall/ -- Morgan Creek Energy Corp., (the "Company") has signed an Operating Contract with OPS Group Limited of Houston, Texas to act as its Operator in the Frio Draw field leases acquired by Morgan Creek in Curry County, New Mexico over the last two months. Morgan Creek holds a 100% working interest in approximately 14 contiguous sections in T2&3N, R34E.
The Company has initiated plans through OPS to drill a vertical test into the San Andres carbonate section, and to acquire the necessary tubulars required to drill and complete the proposed test. The Company expects to be ready to stake and construct the project's initial drill site within the next two weeks, so that the test can be spudded during the next available drilling window.
The San Andres, a carbonate sequence in the Frio Draw area, is of Permian Age and has been one of the most prolific oil producing horizons in North America. There are three major porosity cycles developed within the San Andres series. Each cycle represents a separate transgressive event, and each event is characterized by a lower shale sequence overlain by carbonates that grade into evaporates, typically oil. These cycles represent the three primary targets for oil and gas bearing horizons.
Morgan Creek's Frio Draw area focuses on the middle of the three targets. Detailed log analyses on over 100 wells penetrating this cycle have delineated areas where there is a noted increase in porosity and permeability. Within this trend, the majority of analyzed wells demonstrated oil and gas shows. No commercial production has ever been attempted.
Morgan Creek's depositional -- diagenetic modeling, based on Shell Oil's stratigraphic testing of this porosity cycle in the mid 1960's, has defined several prospective productive areas.
About OPS Group Limited
OPS Group Limited, formed in 2005, provides a cost-effective means of outsourcing engineering, regulatory and accounting services as an operating package. The company provides its contract clients with knowledgeable and skilled professionals to perform the critical task of well operations on a short or long term basis. OPS provides these services through a contractual arrangement with New Tech Engineering, LP, founded in 1998. New Tech is one of the largest domestic engineering-consulting firms in the energy industry with regional offices in ten cities and with more than 400 well site, engineering, and project management consultants working domestically and around the world.
Antwort auf Beitrag Nr.: 34.290.854 von Chance2007 am 12.06.08 16:09:21na also , läuft doch. lag mit meiner einschätzung gar nicht so verkehrt.
grüsse an alle die dabeigeblieben sind
trude
grüsse an alle die dabeigeblieben sind
trude
yes
Dieses Beispiel zeigt mal wieder eines, eine Aktie wird von irgendjemandem in den Boden gespielt und von irgendjemandem wiederbelebt. Fundamentales kann es mit Sicherheit nicht sein, was MCKE derzeit treibt. Ich hatte sie letztes Jahr zu 0,30 gekauft, also nach Resplit 0,90. Mit viel Geduld und einer nur kleinen Positon habe ich die Zeit entspannt überbrücken können. Nun ist die Gewinnzone locker erreicht und man liegt über 50% im Gewinn. Wenn ich mir den Langfristchart bei Stockwatch ansehe, denke ich aber, dass das gestern der finale Kursexzess war, den man nun zum Ausstieg nutzen sollte. Aber das muss jeder selbst entscheiden.
Antwort auf Beitrag Nr.: 34.322.831 von Chance2007 am 18.06.08 11:34:12fand den ansteig heute auch super zum verkaufen
Antwort auf Beitrag Nr.: 34.324.163 von Chance2007 am 18.06.08 13:52:02moin,moin,habe auch bei 0,38 gekauft , bin aber auch schon länger dabei und bleibe auch noch dabei , aus meiner sicht sind die zahlen gar nicht so schlecht , weitere projekte kommen auch und insiderverkäufe gibt es auch nicht . was will man mehr ?
nach meiner meinung stehen einige unternehmen im dax fundamental auch nicht wirklich besser da
nach meiner meinung stehen einige unternehmen im dax fundamental auch nicht wirklich besser da
ich verkaufe heute noch nicht
nur meine meinung
nur meine meinung
Monate lang bleiben alle investiert und es fällt und fällt - kaum fängt es an zu steigen - nach rund 2 jahren freiem Fall - wollen die Deppen schon wieder verkaufen - unverständlich!!!!
Verluste begrenzt man und Gewinne läst man laufen!!
Nur so ein Tipp für die Aussteiger
Verluste begrenzt man und Gewinne läst man laufen!!
Nur so ein Tipp für die Aussteiger
Antwort auf Beitrag Nr.: 34.324.401 von carolyns am 18.06.08 14:15:57seh ich auch so
ich hab bis dato immer noch nicht verkauft
wahnsinn, so kann es weiter laufen
also jetzt haut es osgar mich vom hocker
Antwort auf Beitrag Nr.: 34.325.823 von Chance2007 am 18.06.08 16:36:34
Antwort auf Beitrag Nr.: 34.326.150 von trude0815 am 18.06.08 17:03:01kein halten mehr hier , hammerhartski
Antwort auf Beitrag Nr.: 34.326.150 von trude0815 am 18.06.08 17:03:01OTCBB
MCKE / USD 3,00
2.466 +0,75
+33,33 16:47:36
18.06.2008 -
- 2,25
2,28 3,00
2,28 21.304
60.977
MCKE / USD 3,00
2.466 +0,75
+33,33 16:47:36
18.06.2008 -
- 2,25
2,28 3,00
2,28 21.304
60.977
Antwort auf Beitrag Nr.: 34.326.182 von trude0815 am 18.06.08 17:05:13geil nicht?
Antwort auf Beitrag Nr.: 34.326.193 von miga1 am 18.06.08 17:06:10unter 25 kein verkauf von mir
Antwort auf Beitrag Nr.: 34.326.384 von trude0815 am 18.06.08 17:22:37wäre nen schönes ding
wünsch dir einen schönen abend und schöne träume
Antwort auf Beitrag Nr.: 34.326.757 von miga1 am 18.06.08 18:00:15moin, moin weis wer was18/06/2008 15h00 MWUS BellwetherReport.com Analyst Report on HYHY, FFLT, DLKM, ...
12/06/2008 11h22 MWUS BellwetherReport.com Analyst Report on SYBD, MCKE, LEVC a...
12/06/2008 11h22 MWUS BellwetherReport.com Analyst Report on SYBD, MCKE, LEVC a...
hallo,
was passiert eigentlich mit den alten Aktien von Morgan Creek?
werden diese umgewandelt?
weiß das jemand?
danke.
was passiert eigentlich mit den alten Aktien von Morgan Creek?
werden diese umgewandelt?
weiß das jemand?
danke.
hat man uns heute wieder mal gut verarscht , und was machen die lemminge ? hoffentlich rennen die morgen auch wieder nach .
grüsse aus thür.
trude
grüsse aus thür.
trude
Antwort auf Beitrag Nr.: 34.376.169 von trude0815 am 25.06.08 22:12:08die abzocke geht wieder los
Leute bringt euer Geld in Sicherheit
Hier sind wieder wie jedes Jahr um diese Zeit die Betrüger am Werk
Hier sind wieder wie jedes Jahr um diese Zeit die Betrüger am Werk
im Geschäftsbericht per 30.06.2008, veröffentlicht bei Edgar Online, steht das bei Bogs#1 das Privatinvestment dutch Gas und Öl abgelöst wurde und Morgan Creek 100 % Eigner ist. Heißt das, daß hier gefördert wird? Oder habe ich das falsch verstanden! Wenn ja warum wird im Bericht keine Einahmen deklariert? Kann mir dazu jemand antworten.
Ist hier keiner mehr?. Hat noch keiner den Geschäftsbericht vom 18.08.2008 gelesen? Warum antwortet denn keiner mehr? Die Darstellungen lassen doch weiter hoffen, daß positive Ergebnisse weiter folgen werden.
Antwort auf Beitrag Nr.: 34.844.109 von infowalz am 25.08.08 09:59:50moin, ich für meinen teil bin raus . hab mich lange genug verarschen lassen . ich denke nicht das hier noch was kommt .
zu boggs 1: aus dem bericht habe ich nur eines erlesen können , das die ´´privatinvestoren´´einfach ihre kohle wiederhaben wollten , mehr nicht .
viel spass noch damit trude
zu boggs 1: aus dem bericht habe ich nur eines erlesen können , das die ´´privatinvestoren´´einfach ihre kohle wiederhaben wollten , mehr nicht .
viel spass noch damit trude
Na endlich wieder NEWS:
5-Nov-2008
Entry into a Material Definitive Agreement, Financial Statements and Exh
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Effective on October 31, 2008, the Board of Directors (the "Board") of Morgan Creek Energy Corp., a Nevada corporation (the "Company"), authorized the execution of an option agreement (the "Option Agreement") with Westrock Land Corp, a private Texas corporation ("Westrock"). In accordance with the terms and provisions of the Option Agreement: (i) Westrock owns all right, title and interest in and to approximately 7,763 net acres with a net revenue interest of 81.5% pertaining to 5,746 of the net acres and a 78.5% net revenue interest pertaining to 2,017 net acres (the "Leases"); (b) Westrock has an option until June 23, 2009 to exercise a five year lease at $100 per net acres for acquisition of the 2,017 net acres; (iii) the Company desires to acquire a 100% working interest in the Leases at $50.00 per net acres for a total purchase price of approximately $388,150; and (iv) the Company has until November 20, 2008 to complete its due diligence (the "Option Period").
It is anticipated that in the event the due diligence is completed satisfactory to the Company, the effective date of conveyance of the working interest in the Leases to the Company will occur on approximately November 21, 2008.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED.
Not applicable.
(b) PRO FORMA FINANCIAL INFORMATION.
Not applicable.
(c) SHELL COMPANY TRANSACTION.
Not applicable.
(d) EXHIBITS.
10.1 Option Agreement between Morgan Creek Energy Corp. and Westrock Land Corp. dated October 31, 2008.
5-Nov-2008
Entry into a Material Definitive Agreement, Financial Statements and Exh
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Effective on October 31, 2008, the Board of Directors (the "Board") of Morgan Creek Energy Corp., a Nevada corporation (the "Company"), authorized the execution of an option agreement (the "Option Agreement") with Westrock Land Corp, a private Texas corporation ("Westrock"). In accordance with the terms and provisions of the Option Agreement: (i) Westrock owns all right, title and interest in and to approximately 7,763 net acres with a net revenue interest of 81.5% pertaining to 5,746 of the net acres and a 78.5% net revenue interest pertaining to 2,017 net acres (the "Leases"); (b) Westrock has an option until June 23, 2009 to exercise a five year lease at $100 per net acres for acquisition of the 2,017 net acres; (iii) the Company desires to acquire a 100% working interest in the Leases at $50.00 per net acres for a total purchase price of approximately $388,150; and (iv) the Company has until November 20, 2008 to complete its due diligence (the "Option Period").
It is anticipated that in the event the due diligence is completed satisfactory to the Company, the effective date of conveyance of the working interest in the Leases to the Company will occur on approximately November 21, 2008.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED.
Not applicable.
(b) PRO FORMA FINANCIAL INFORMATION.
Not applicable.
(c) SHELL COMPANY TRANSACTION.
Not applicable.
(d) EXHIBITS.
10.1 Option Agreement between Morgan Creek Energy Corp. and Westrock Land Corp. dated October 31, 2008.
Wieder hat sich MORGAN CREEK NEW gemeldet.Es geht los - endlich !!!
Viel spass beim lesen.
Form 10-Q for MORGAN CREEK ENERGY CORP
14-Nov-2008
Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
GENERAL
Morgan Creek Energy Corp. is a corporation organized under the laws of the State of Nevada. After the effective date of our registration statement filed with the Securities and Exchange Commission (February 14, 2006), we commenced trading on the Over-the-Counter Bulletin Board under the symbol "MCRE:OB" (currently under the symbol"MCKE:OB"). We are engaged in the business of exploration of oil and gas bearing properties in the United States. Our shares are also traded on the Frankfurt Stock Exchange in Germany under the symbol "M6C".
Please note that throughout this Quarterly Report, and unless otherwise noted, the words "we," "our," "us," the "Company," or "Morgan Creek," refers to Morgan Creek Energy Corp.
RECENT DEVELOPMENTS
APRIL 22, 2008 REVERSE STOCK SPLIT
On April 1, 2008, our Board of Directors pursuant to a Board of Directors meeting authorized and approved a reverse stock split of one for three of our total issued and outstanding shares of common stock (the "Reverse Stock Split").
The Reverse Stock Split was effectuated based on market conditions and upon a determination by our Board of Directors that the Reverse Stock Split was in our best interests and of the shareholders. Certain factors were discussed among the members of the Board of Directors concerning the need for the Reverse Stock Split, including the increased potential for financing. The intent of the Reverse Stock Split is to increase the marketability of our common stock.
The Reverse Stock Split was effectuated on April 22, 2008 upon filing the appropriate documentation with NASDAQ. The Reverse Stock Split decreased our total issued and outstanding shares of common stock from 41,976,591 to approximately 13,992,197 shares of common stock. The common stock will continue to be $0.001 par value.
CURRENT BUSINESS OPERATIONS
We are a natural resource exploration and production company currently engaged in the exploration, acquisition and development of oil and gas properties in the United States and within North America. Our primary activity and focus is our leases in Texas (the "Quachita Prospect"). To date, we have acquired approximately 1,971 net acres within the Quachita Prospect for a three-year term. We acquired a 100% working interest and a 77% net revenue interest in natural gas targeted Quachita Prospect leases. The leases are unproven and were acquired for approximately $338,000. In addition, we have leased various properties totaling approximately 7,576 net acres within the State of New Mexico for a five-year term in consideration for $112,883 (the "New Mexico Prospect"). We have a 100% working interest and an 87.5% net revenue interest in the leases.
OIL AND GAS PROPERTIES
QUACHITA PROSPECT
As of the date of this Quarterly Report, we lease approximately 1,971 net acres within the Quachita Trend in the State of Texas for a three-year term in consideration of approximately $338,000. We have a 100% working interest and a 77% net revenue interest in the Quachita Prospect leases.
BOGGS #1. We completed the drilling portion of the Boggs #1 well on July 13, 2007. Subsequently, we began production testing and evaluation of the well. Of the five tested zones, four produced significant volumes of natural gas. As formation water was also produced with the natural gas in the tested zones, the Boggs #1 is currently under evaluation. We intend to secure all immediate rights relating to oil and gas in the areas providing control over any potential major structural play that develops as a result of this in-depth exploration.
The Boggs #1 had been privately funded with the funding investors receiving a 75% working interest and a 54% net revenue interest in exchange for providing 100% of all drilling and completion costs. Therefore, we previously retained a 25% working interest and a 23% net revenue interest in the Boggs #1 well. As of September 30, 2008 and December 31, 2007, we incurred $1,357,208 and $1,335,780 respectively, in drilling and completion costs. As of December 31, 2007 we had received a total of $759,000 in funding from the private investors. On March 24, 2008, we negotiated with the funding investors to acquire their interest in the Boggs #1 for $759,000 (which amount is equal to the total amount of the funding investors' initial investment) and forgiveness of any additional amounts owing. Effective on March 24, 2008, we completed the acquisition and settlement through the issuance of 3,795,000 shares (Post-Reverse Stock Split) of our restricted common stock at $0.21 per share. The difference between the estimated fair value of the common shares at issuance and the amount of the debt settled totaling $37,950 was recorded as a finance cost. See "Part II. Item 2. Changes in Securities and Use of Proceeds."
NEW MEXICO PROSPECT
As of the date of this Quarterly Report, we have leased various properties in the New Mexico Prospect totaling approximately 7,576 net acres within the State of New Mexico for a five year term in consideration for $112,883. We have a 100% working interest and a 87.5% net revenue interest in the leases comprising the New Mexico Prospect.
WESTROCK LAND CORP. OPTION AGREEMENT
Effective on October 31, 2008, our Board of Directors authorized the execution of an option agreement (the "Option Agreement") with Westrock Land Corp, a private Texas corporation ("Westrock"). In accordance with the terms and provisions of the Option Agreement: (i) Westrock owns all right, title and interest in and to approximately 7,763 net acres with a net revenue interest of 81.5% pertaining to 5,745 of the net acres and a 78.5% net revenue interest pertaining to 2,017 net acres (the "Leases"); (b) Westrock has an option until June 23, 2009 to exercise a five year lease at $100 per net acres for acquisition on the 2,017 net acres; (iii) we desire to acquire a 100% working interest in the Leases at $50.00 per net acres for a total purchase price of approximately $388,150; and (iv) we have until November 21, 2008 to complete our due diligence (the "Option Period").
It is anticipated that in the event the due diligence is completed satisfactory to us, the effective date of conveyance of the working interest in the Leases to us will occur on approximately November 21, 2008.
RESULTS OF OPERATION
We have incurred recurring losses to date. Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.
We expect we will require additional capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities.
NINE MONTH PERIOD ENDED SEPTEMBER 30, 2008 COMPARED TO NINE MONTH PERIOD ENDED
SEPTEMBER 30, 2007
Our net loss for the nine month period ended September 30, 2008 was ($1,748,123) compared to a net loss of ($587,325) during the nine month period ended September 30, 2007 (an increase of $1,160,798). During the nine month periods ended September 30, 2008 and 2007, we did not generate any revenue.
During the nine month period ended September 30, 2008, we incurred general and administrative expenses of approximately $1,323,463 compared to $587,325 incurred during the nine month period ended September 30, 2007 (an increase of $736,138). These general and administrative expenses incurred during the nine month period ended September 30, 2008 consisted of: (i) investor relations of $33,644 (2007: $-0-); (ii) consulting fees of $213,001 (2007: $111,823); (iii)
office and general of $230,385 (2007: $127,277); (iv) professional fees of $187,478 (2007: $120,236); (v) management fees - related party of $222,000 (2007: $227,989); and (vi) management fees - stock based compensation of $436,955 (2007: $-0-).
During the nine month periods ended September 30, 2008 and 2007, we did not record any impairment of oil and gas properties. Thus, general and administrative expenses incurred during the nine month period ended September 30, 2008 compared to the nine month period ended September 30, 2007 increased primarily due to the incurrence of management fees - stock based compensation relating to the valuation of stock options granted to our officers and directors. General and administrative expenses increased further due to the increase in investor relations, consulting fees, office and general expenses and professional fees relating to the increased scope of business operations. General and administrative expenses generally include corporate overhead, financial and administrative contracted services, marketing, and consulting costs.
Of the $1,323,463 incurred as general and administrative expenses during the nine month period ended September 30, 2008, we incurred consulting expenses of $30,000 payable to International Market Trend, Inc. ("IMT"). In addition, on March 24, 2008, we settled an aggregate amount of $86,873 in consulting fees and advances due and owing to IMT through the issuance of 434,366 shares (Post-Reverse Stock Split) of our restricted common stock. An officer and director of IMT is also one of our shareholders. See "Part II. Item 2. Changes in Securities and Use of Proceeds."
Of the $1,323,463 incurred as general and administrative expenses during the nine month period ended September 30, 2008, we incurred management fees of $222,000 payable to our officers and directors. In addition, during the nine month period ended September 30, 2008, we settled an aggregate $71,250 for management fees due and owing to our former President, Marcus Johnson, through the issuance of 356,250 shares (Post-Reverse Stock Split) of our restricted common stock. See Part II. Item 2. Changes in Securities and Use of Proceeds."
Financing costs incurred during the nine month period ended September 30, 2008 of $424,660 (2007: $-0-) were recorded as other expense resulting in a net loss of ($1,748,123). Our net loss during the nine month period ended September 30, 2008 was ($1,748,123) or ($0.13) per share compared to a net loss of ($587,325) or ($0.06) per share during the nine month period ended September 30, 2007. The weighted average number of shares outstanding was 13,400,059 for the nine month period ended September 30, 2008 compared to 9,938,302 for the nine month period ended September 30, 2007.
THREE MONTH PERIOD ENDED SEPTEMBER 30, 2008 COMPARED TO THREE MONTH PERIOD ENDED
SEPTEMBER 30, 2007
Our net loss for the three month period ended September 30, 2008 was ($253,376) compared to a net loss of ($215,977) during the three month period ended September 30, 2007 (an increase of $37,399). During the three month periods ended September 30, 2008 and 2007, we did not generate any revenue.
During the three month period ended September 30, 2008, we incurred general and administrative expenses of approximately $253,376 compared to $215,977 incurred during the three month period ended September 30, 2007 (an increase of $37,399).
These general and administrative expenses incurred during the three month period ended September 30, 2008 consisted of: (i) consulting fees of $35,219 (2007:
$37,075); (ii) office and general of $80,428 (2007: $41,478); (iii) professional fees of $67,229 (2007: $31,174); and (iv) management fees - related party of $70,500 (2007: $106,250).
During the three month period ended September 30, 2008 and 2007, we did not record any impairment of oil and gas properties. Thus, general and administrative expenses incurred during the three month period ended September 30, 2008 compared to the three month period ended September 30, 2007 increased primarily due to the increase in office and general expenses and professional fees relating to the increased scope of business operations.
Our net loss during the three month period ended September 30, 2008 was
($253,376) or ($0.02) per share compared to a net loss of ($215,977) or ($0.03)
per share during the three month period ended September 30, 2007. The weighted average number of shares outstanding was 14,376,250 for the three month period ended September 30, 2008 compared to 9,938,302 for the three month period ended September 30, 2007.
LIQUIDITY AND CAPITAL RESOURCES
AS AT SEPTEMBER 30, 2008
As at September 30, 2008, our current assets were $77,598 and our current liabilities were $401,611, which resulted in a working capital deficiency of
($324,013). As at September 30, 2008, current assets were comprised of: (i)
$54,294 in cash; and (ii) $23,304 in other current assets. As at September 30, 2008, current liabilities were comprised of: (i) $146,538 in accounts payable and accrued liabilities; and (ii) $255,073 due to related parties.
As at September 30, 2008, our total assets were $1,883,928 comprised of: (i) $77,598 in current assets; and (ii) $1,806,330 in unproven oil and gas properties. The increase in total assets during the nine month period ended September 30, 2008 from fiscal year ended December 31, 2007 was primarily due to the increase in valuation of the unproved oil and gas properties.
As at September 30, 2008, our total liabilities were $401,611 comprised entirely of current liabilities. The decrease in liabilities during the nine month period ended September 30, 2008 from fiscal year ended December 31, 2007 was primarily due to the settlement of an aggregate $917,123 in current indebtedness (the "Debt Settlement") by the issuance of an aggregate 4,585,616 shares (Post-Reverse Stock Split) of our restricted common stock at $0.21 per share effective as of March 24, 2008. The difference between the estimated fair value of the common shares at issuance and the amount of the debt settled totaling $45,856 was included on the recorded finance costs. See "Part II. Item 2. Changes in Securities and Use of Proceeds."
Stockholders' deficit increased from ($960,600) for fiscal year ended December 31, 2007 to $1,482,317 for the nine month period ended September 30, 2008.
CASH FLOWS FROM OPERATING ACTIVITIES
We have not generated positive cash flows from operating activities. For the nine month period ended September 30, 2008, net cash flows used in operating activities was ($1,071,664), consisting primarily of a net loss of ($1,748,123). Net cash flows used in operating activities was adjusted by $436,955 in stock based compensation and $424,660 in financing costs and $52,359 in interest expense due to related party. Net cash flows used in operating activities was further changed by $10,972 relating to an accrual due to related parties, ($243,074) in accounts payable and accrued liabilities, and a decrease of ($5,413) related to increase in prepaid expenses and other. For the nine month period ended September 30, 2007, net cash flows used in operating activities was ($191,940), consisting primarily of a net loss of ($587,325), and adjusted by $283,395 in accounts payable and accrued liabilities and $111,990 due to related parties.
CASH FLOWS FROM INVESTING ACTIVITIES
For the nine month period ended September 30, 2008, net cash flows used in investing activities was ($82,228) consisting of $82,228 for acquisition of oil and gas properties. For the nine month period ended September 30, 2007, net cash flows used in investing activities was ($1,340,645) consisting of $1,315,645 for the acquisition of oil and gas properties and $25,000 in restricted stock deposits.
CASH FLOWS FROM FINANCING ACTIVITIES
We have financed our operations primarily from either advancements or the issuance of equity and debt instruments. For the nine month period ended September 30, 2008, net cash flows provided from financing activities was $1,192,088 compared to $1,557,500 for the nine month period ended September 30, 2007. Cash flows from financing activities for the nine month period ended September 30, 2008 consisted of $897,088 in proceeds on sale and subscriptions of common stock and a net total of $295,000 in advances from related parties. Cash flows from financing activities for the nine month period ended September 30, 2007 consisted of $759,000 in drilling advances and $798,500 in advances from related parties.
We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.
PLAN OF OPERATION AND FUNDING
Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next six months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our
business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) oil and gas operating properties; (ii) possible drilling initiatives on current properties and future properties; and
(iii) future property acquisitions. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations.
During the period ended September 30, 2008, we completed a private placement consisting of 1,224,000 units at the price of $0.75 per unit for total proceeds of $918,000. During the nine month period ended September 30, 2008, we closed a private placement offering under Regulation S of the Securities Act pursuant to which we issued an aggregate of 7,576,068 shares (Post-Reverse Stock Split) and received gross proceeds of $1,515,214, of which all consisted of settlement of debt relating to amounts previously advanced to us by one of our shareholders and related accrued interest. Effective March 24, 2008, we also settled an aggregate $917,123 in debt by the issuance of 4,585,616 shares (Post-Reverse Stock Split) of our restricted common stock at $0.21 per share. The difference between the estimated fair value of the common shares at issuance and the amount of debt settled totaling $45,857 was recorded as a finance cost. See "Part II. Item 2. Changes in Securities and Use of Proceeds."
MATERIAL COMMITMENTS
During fiscal year ended December 31, 2007, an aggregate of $1,365,500 was due and owing to one of our shareholders relating to advances. Subsequently, during January 2008, an additional advance was made by this same shareholder to us for an aggregate amount of $1,515,214 due and owing. This amount was assigned by the shareholder to various assignees and settled pursuant to the issuance of 7,576,068 shares (Post-Reverse Stock Split) of our restricted common stock at $0.25 per share. The difference between the estimated fair value of the common shares at issuance and the amount of debt settled totaling $378,803 was recorded as a finance cost. During the nine month period ended September 30, 2008, $500,000 was repaid to the shareholder. As a result, as at September 30, 2008, an aggregate $230,000 was due and owing to this shareholder, which bears interest at 8% per annum and has no specific repayment terms. As at September 30, 2008, total accrued interest was $14,102. See "Part II. Item 2. Changes in Securities and Use of Proceeds."
PURCHASE OF SIGNIFICANT EQUIPMENT
We do not intend to purchase any significant equipment during the next twelve months.
OFF-BALANCE SHEET ARRANGEMENTS
As of the date of this Quarterly Report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.
GOING CONCERN
The independent auditors' report accompanying our December 31, 2007 and December 31, 2006 financial statements contains an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared "assuming that we will continue as a going concern," which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.
Viel spass beim lesen.
Form 10-Q for MORGAN CREEK ENERGY CORP
14-Nov-2008
Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
GENERAL
Morgan Creek Energy Corp. is a corporation organized under the laws of the State of Nevada. After the effective date of our registration statement filed with the Securities and Exchange Commission (February 14, 2006), we commenced trading on the Over-the-Counter Bulletin Board under the symbol "MCRE:OB" (currently under the symbol"MCKE:OB"). We are engaged in the business of exploration of oil and gas bearing properties in the United States. Our shares are also traded on the Frankfurt Stock Exchange in Germany under the symbol "M6C".
Please note that throughout this Quarterly Report, and unless otherwise noted, the words "we," "our," "us," the "Company," or "Morgan Creek," refers to Morgan Creek Energy Corp.
RECENT DEVELOPMENTS
APRIL 22, 2008 REVERSE STOCK SPLIT
On April 1, 2008, our Board of Directors pursuant to a Board of Directors meeting authorized and approved a reverse stock split of one for three of our total issued and outstanding shares of common stock (the "Reverse Stock Split").
The Reverse Stock Split was effectuated based on market conditions and upon a determination by our Board of Directors that the Reverse Stock Split was in our best interests and of the shareholders. Certain factors were discussed among the members of the Board of Directors concerning the need for the Reverse Stock Split, including the increased potential for financing. The intent of the Reverse Stock Split is to increase the marketability of our common stock.
The Reverse Stock Split was effectuated on April 22, 2008 upon filing the appropriate documentation with NASDAQ. The Reverse Stock Split decreased our total issued and outstanding shares of common stock from 41,976,591 to approximately 13,992,197 shares of common stock. The common stock will continue to be $0.001 par value.
CURRENT BUSINESS OPERATIONS
We are a natural resource exploration and production company currently engaged in the exploration, acquisition and development of oil and gas properties in the United States and within North America. Our primary activity and focus is our leases in Texas (the "Quachita Prospect"). To date, we have acquired approximately 1,971 net acres within the Quachita Prospect for a three-year term. We acquired a 100% working interest and a 77% net revenue interest in natural gas targeted Quachita Prospect leases. The leases are unproven and were acquired for approximately $338,000. In addition, we have leased various properties totaling approximately 7,576 net acres within the State of New Mexico for a five-year term in consideration for $112,883 (the "New Mexico Prospect"). We have a 100% working interest and an 87.5% net revenue interest in the leases.
OIL AND GAS PROPERTIES
QUACHITA PROSPECT
As of the date of this Quarterly Report, we lease approximately 1,971 net acres within the Quachita Trend in the State of Texas for a three-year term in consideration of approximately $338,000. We have a 100% working interest and a 77% net revenue interest in the Quachita Prospect leases.
BOGGS #1. We completed the drilling portion of the Boggs #1 well on July 13, 2007. Subsequently, we began production testing and evaluation of the well. Of the five tested zones, four produced significant volumes of natural gas. As formation water was also produced with the natural gas in the tested zones, the Boggs #1 is currently under evaluation. We intend to secure all immediate rights relating to oil and gas in the areas providing control over any potential major structural play that develops as a result of this in-depth exploration.
The Boggs #1 had been privately funded with the funding investors receiving a 75% working interest and a 54% net revenue interest in exchange for providing 100% of all drilling and completion costs. Therefore, we previously retained a 25% working interest and a 23% net revenue interest in the Boggs #1 well. As of September 30, 2008 and December 31, 2007, we incurred $1,357,208 and $1,335,780 respectively, in drilling and completion costs. As of December 31, 2007 we had received a total of $759,000 in funding from the private investors. On March 24, 2008, we negotiated with the funding investors to acquire their interest in the Boggs #1 for $759,000 (which amount is equal to the total amount of the funding investors' initial investment) and forgiveness of any additional amounts owing. Effective on March 24, 2008, we completed the acquisition and settlement through the issuance of 3,795,000 shares (Post-Reverse Stock Split) of our restricted common stock at $0.21 per share. The difference between the estimated fair value of the common shares at issuance and the amount of the debt settled totaling $37,950 was recorded as a finance cost. See "Part II. Item 2. Changes in Securities and Use of Proceeds."
NEW MEXICO PROSPECT
As of the date of this Quarterly Report, we have leased various properties in the New Mexico Prospect totaling approximately 7,576 net acres within the State of New Mexico for a five year term in consideration for $112,883. We have a 100% working interest and a 87.5% net revenue interest in the leases comprising the New Mexico Prospect.
WESTROCK LAND CORP. OPTION AGREEMENT
Effective on October 31, 2008, our Board of Directors authorized the execution of an option agreement (the "Option Agreement") with Westrock Land Corp, a private Texas corporation ("Westrock"). In accordance with the terms and provisions of the Option Agreement: (i) Westrock owns all right, title and interest in and to approximately 7,763 net acres with a net revenue interest of 81.5% pertaining to 5,745 of the net acres and a 78.5% net revenue interest pertaining to 2,017 net acres (the "Leases"); (b) Westrock has an option until June 23, 2009 to exercise a five year lease at $100 per net acres for acquisition on the 2,017 net acres; (iii) we desire to acquire a 100% working interest in the Leases at $50.00 per net acres for a total purchase price of approximately $388,150; and (iv) we have until November 21, 2008 to complete our due diligence (the "Option Period").
It is anticipated that in the event the due diligence is completed satisfactory to us, the effective date of conveyance of the working interest in the Leases to us will occur on approximately November 21, 2008.
RESULTS OF OPERATION
We have incurred recurring losses to date. Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.
We expect we will require additional capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities.
NINE MONTH PERIOD ENDED SEPTEMBER 30, 2008 COMPARED TO NINE MONTH PERIOD ENDED
SEPTEMBER 30, 2007
Our net loss for the nine month period ended September 30, 2008 was ($1,748,123) compared to a net loss of ($587,325) during the nine month period ended September 30, 2007 (an increase of $1,160,798). During the nine month periods ended September 30, 2008 and 2007, we did not generate any revenue.
During the nine month period ended September 30, 2008, we incurred general and administrative expenses of approximately $1,323,463 compared to $587,325 incurred during the nine month period ended September 30, 2007 (an increase of $736,138). These general and administrative expenses incurred during the nine month period ended September 30, 2008 consisted of: (i) investor relations of $33,644 (2007: $-0-); (ii) consulting fees of $213,001 (2007: $111,823); (iii)
office and general of $230,385 (2007: $127,277); (iv) professional fees of $187,478 (2007: $120,236); (v) management fees - related party of $222,000 (2007: $227,989); and (vi) management fees - stock based compensation of $436,955 (2007: $-0-).
During the nine month periods ended September 30, 2008 and 2007, we did not record any impairment of oil and gas properties. Thus, general and administrative expenses incurred during the nine month period ended September 30, 2008 compared to the nine month period ended September 30, 2007 increased primarily due to the incurrence of management fees - stock based compensation relating to the valuation of stock options granted to our officers and directors. General and administrative expenses increased further due to the increase in investor relations, consulting fees, office and general expenses and professional fees relating to the increased scope of business operations. General and administrative expenses generally include corporate overhead, financial and administrative contracted services, marketing, and consulting costs.
Of the $1,323,463 incurred as general and administrative expenses during the nine month period ended September 30, 2008, we incurred consulting expenses of $30,000 payable to International Market Trend, Inc. ("IMT"). In addition, on March 24, 2008, we settled an aggregate amount of $86,873 in consulting fees and advances due and owing to IMT through the issuance of 434,366 shares (Post-Reverse Stock Split) of our restricted common stock. An officer and director of IMT is also one of our shareholders. See "Part II. Item 2. Changes in Securities and Use of Proceeds."
Of the $1,323,463 incurred as general and administrative expenses during the nine month period ended September 30, 2008, we incurred management fees of $222,000 payable to our officers and directors. In addition, during the nine month period ended September 30, 2008, we settled an aggregate $71,250 for management fees due and owing to our former President, Marcus Johnson, through the issuance of 356,250 shares (Post-Reverse Stock Split) of our restricted common stock. See Part II. Item 2. Changes in Securities and Use of Proceeds."
Financing costs incurred during the nine month period ended September 30, 2008 of $424,660 (2007: $-0-) were recorded as other expense resulting in a net loss of ($1,748,123). Our net loss during the nine month period ended September 30, 2008 was ($1,748,123) or ($0.13) per share compared to a net loss of ($587,325) or ($0.06) per share during the nine month period ended September 30, 2007. The weighted average number of shares outstanding was 13,400,059 for the nine month period ended September 30, 2008 compared to 9,938,302 for the nine month period ended September 30, 2007.
THREE MONTH PERIOD ENDED SEPTEMBER 30, 2008 COMPARED TO THREE MONTH PERIOD ENDED
SEPTEMBER 30, 2007
Our net loss for the three month period ended September 30, 2008 was ($253,376) compared to a net loss of ($215,977) during the three month period ended September 30, 2007 (an increase of $37,399). During the three month periods ended September 30, 2008 and 2007, we did not generate any revenue.
During the three month period ended September 30, 2008, we incurred general and administrative expenses of approximately $253,376 compared to $215,977 incurred during the three month period ended September 30, 2007 (an increase of $37,399).
These general and administrative expenses incurred during the three month period ended September 30, 2008 consisted of: (i) consulting fees of $35,219 (2007:
$37,075); (ii) office and general of $80,428 (2007: $41,478); (iii) professional fees of $67,229 (2007: $31,174); and (iv) management fees - related party of $70,500 (2007: $106,250).
During the three month period ended September 30, 2008 and 2007, we did not record any impairment of oil and gas properties. Thus, general and administrative expenses incurred during the three month period ended September 30, 2008 compared to the three month period ended September 30, 2007 increased primarily due to the increase in office and general expenses and professional fees relating to the increased scope of business operations.
Our net loss during the three month period ended September 30, 2008 was
($253,376) or ($0.02) per share compared to a net loss of ($215,977) or ($0.03)
per share during the three month period ended September 30, 2007. The weighted average number of shares outstanding was 14,376,250 for the three month period ended September 30, 2008 compared to 9,938,302 for the three month period ended September 30, 2007.
LIQUIDITY AND CAPITAL RESOURCES
AS AT SEPTEMBER 30, 2008
As at September 30, 2008, our current assets were $77,598 and our current liabilities were $401,611, which resulted in a working capital deficiency of
($324,013). As at September 30, 2008, current assets were comprised of: (i)
$54,294 in cash; and (ii) $23,304 in other current assets. As at September 30, 2008, current liabilities were comprised of: (i) $146,538 in accounts payable and accrued liabilities; and (ii) $255,073 due to related parties.
As at September 30, 2008, our total assets were $1,883,928 comprised of: (i) $77,598 in current assets; and (ii) $1,806,330 in unproven oil and gas properties. The increase in total assets during the nine month period ended September 30, 2008 from fiscal year ended December 31, 2007 was primarily due to the increase in valuation of the unproved oil and gas properties.
As at September 30, 2008, our total liabilities were $401,611 comprised entirely of current liabilities. The decrease in liabilities during the nine month period ended September 30, 2008 from fiscal year ended December 31, 2007 was primarily due to the settlement of an aggregate $917,123 in current indebtedness (the "Debt Settlement") by the issuance of an aggregate 4,585,616 shares (Post-Reverse Stock Split) of our restricted common stock at $0.21 per share effective as of March 24, 2008. The difference between the estimated fair value of the common shares at issuance and the amount of the debt settled totaling $45,856 was included on the recorded finance costs. See "Part II. Item 2. Changes in Securities and Use of Proceeds."
Stockholders' deficit increased from ($960,600) for fiscal year ended December 31, 2007 to $1,482,317 for the nine month period ended September 30, 2008.
CASH FLOWS FROM OPERATING ACTIVITIES
We have not generated positive cash flows from operating activities. For the nine month period ended September 30, 2008, net cash flows used in operating activities was ($1,071,664), consisting primarily of a net loss of ($1,748,123). Net cash flows used in operating activities was adjusted by $436,955 in stock based compensation and $424,660 in financing costs and $52,359 in interest expense due to related party. Net cash flows used in operating activities was further changed by $10,972 relating to an accrual due to related parties, ($243,074) in accounts payable and accrued liabilities, and a decrease of ($5,413) related to increase in prepaid expenses and other. For the nine month period ended September 30, 2007, net cash flows used in operating activities was ($191,940), consisting primarily of a net loss of ($587,325), and adjusted by $283,395 in accounts payable and accrued liabilities and $111,990 due to related parties.
CASH FLOWS FROM INVESTING ACTIVITIES
For the nine month period ended September 30, 2008, net cash flows used in investing activities was ($82,228) consisting of $82,228 for acquisition of oil and gas properties. For the nine month period ended September 30, 2007, net cash flows used in investing activities was ($1,340,645) consisting of $1,315,645 for the acquisition of oil and gas properties and $25,000 in restricted stock deposits.
CASH FLOWS FROM FINANCING ACTIVITIES
We have financed our operations primarily from either advancements or the issuance of equity and debt instruments. For the nine month period ended September 30, 2008, net cash flows provided from financing activities was $1,192,088 compared to $1,557,500 for the nine month period ended September 30, 2007. Cash flows from financing activities for the nine month period ended September 30, 2008 consisted of $897,088 in proceeds on sale and subscriptions of common stock and a net total of $295,000 in advances from related parties. Cash flows from financing activities for the nine month period ended September 30, 2007 consisted of $759,000 in drilling advances and $798,500 in advances from related parties.
We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.
PLAN OF OPERATION AND FUNDING
Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next six months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our
business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) oil and gas operating properties; (ii) possible drilling initiatives on current properties and future properties; and
(iii) future property acquisitions. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations.
During the period ended September 30, 2008, we completed a private placement consisting of 1,224,000 units at the price of $0.75 per unit for total proceeds of $918,000. During the nine month period ended September 30, 2008, we closed a private placement offering under Regulation S of the Securities Act pursuant to which we issued an aggregate of 7,576,068 shares (Post-Reverse Stock Split) and received gross proceeds of $1,515,214, of which all consisted of settlement of debt relating to amounts previously advanced to us by one of our shareholders and related accrued interest. Effective March 24, 2008, we also settled an aggregate $917,123 in debt by the issuance of 4,585,616 shares (Post-Reverse Stock Split) of our restricted common stock at $0.21 per share. The difference between the estimated fair value of the common shares at issuance and the amount of debt settled totaling $45,857 was recorded as a finance cost. See "Part II. Item 2. Changes in Securities and Use of Proceeds."
MATERIAL COMMITMENTS
During fiscal year ended December 31, 2007, an aggregate of $1,365,500 was due and owing to one of our shareholders relating to advances. Subsequently, during January 2008, an additional advance was made by this same shareholder to us for an aggregate amount of $1,515,214 due and owing. This amount was assigned by the shareholder to various assignees and settled pursuant to the issuance of 7,576,068 shares (Post-Reverse Stock Split) of our restricted common stock at $0.25 per share. The difference between the estimated fair value of the common shares at issuance and the amount of debt settled totaling $378,803 was recorded as a finance cost. During the nine month period ended September 30, 2008, $500,000 was repaid to the shareholder. As a result, as at September 30, 2008, an aggregate $230,000 was due and owing to this shareholder, which bears interest at 8% per annum and has no specific repayment terms. As at September 30, 2008, total accrued interest was $14,102. See "Part II. Item 2. Changes in Securities and Use of Proceeds."
PURCHASE OF SIGNIFICANT EQUIPMENT
We do not intend to purchase any significant equipment during the next twelve months.
OFF-BALANCE SHEET ARRANGEMENTS
As of the date of this Quarterly Report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.
GOING CONCERN
The independent auditors' report accompanying our December 31, 2007 and December 31, 2006 financial statements contains an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared "assuming that we will continue as a going concern," which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.
Wieder News.
Immer News nur in AMILAND??????
22-Dec-2008
Change in Directors or Principal Officers
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS
Effective on December 18, 2008, the Board of Directors (the "Board") of Morgan Creek Energy Corp., a Nevada corporation (the "Company") accepted the resignation of Stephen Jewett dated December 18, 2008 as a member of the Board of Directors of the Company. The were no disagreements or disputes between the Company and Mr. Jewett. Therefore, the Board of Directors remains comprised of Marcus Johnson, D. Bruce Horton, Erik Essiger, Peter Wilson and Angelo Viard.
Immer News nur in AMILAND??????
22-Dec-2008
Change in Directors or Principal Officers
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS
Effective on December 18, 2008, the Board of Directors (the "Board") of Morgan Creek Energy Corp., a Nevada corporation (the "Company") accepted the resignation of Stephen Jewett dated December 18, 2008 as a member of the Board of Directors of the Company. The were no disagreements or disputes between the Company and Mr. Jewett. Therefore, the Board of Directors remains comprised of Marcus Johnson, D. Bruce Horton, Erik Essiger, Peter Wilson and Angelo Viard.
Am 23.12.2008 wurden in 2 Paketen jeweils 200.000 Aktien zu 0.22$ über den Tisch gewandert.
Am 01.01.2009 gab es eine Personaländerung - Neuer CFO Mr. Thomas Williams
WILLIAM THOMAS. Mr. Thomas has thirty years of experience in the finance and
accounting areas for the natural resource sector. Currently, Mr. Thomas is also
the chief financial officer and a member of the board of directors of Mainland
Resources, Inc., a Nevada corporation that trades on the OTC Bulletin Board, and
the chief financial officer and a director of Uranium International Corp., a
Nevada corporation that trades on the OTC Bulletin Board, chief financial
officer of Hana Mining and Mira Resources both of which are Canadian public
companies. Mr. Thomas has held various successive management positions with Kerr
McGee Corporation's China operations based in Beijing, China, ending in 2004
with his final position as director of business services. For a brief period
after leaving Kerr McGee, Mr. Thomas acted as a self-practitioner in the
accounting and finance field. In July 2007 he took on the role of chief
financial officer for two public resource companies; Hana Mining Inc. and NWT
Uranium Corp. Recently, Mr. Thomas resigned from NWT Uranium Corp. but continues
to serve as chief financial officer for Hana Mining. Mr. Thomas was previously
general manager (1999-2002), and finance and administration manager (1996-1999)
of Kerr McGee's China operations. While in China, Mr. Thomas was responsible for
finance including Sarbanes Oxley reporting, budgeting, treasury, procurement,
taxation, marketing, insurance and business development, including commercial
negotiations with the Chinese partner, China National Offshore Oil Co (CNOOC)
and other Chinese and joint venture partners. Mr. Thomas focused heavily on
supporting exploration and development operations for three operated blocks in
Bohai Bay, as well as evaluation and negotiation of new venture blocks in East
China Sea and the South China Sea. He was also responsible for the liaison with
CNOOC and other Chinese oil companies, Kerr McGee US management and joint
venture partners, where his main focus was to ensure cost effective and timely
achievement of various approved work programs and budgets. He was also Chief
Representative for Kerr McGee on the Joint Management Committee (JMC). Mr.
Thomas previously worked as manager of fixed asset accounting for Kerr McGee
Corporation's US operations (1996), as finance director of Kerr McGee's UK
operations based in London/Aberdeen (1992-1996), and Kerr McGee's Canadian
operations in Calgary, Alberta, Canada (1984-1992), including the predecessor
company, Maxus Canada Ltd, which was acquired by Kerr McGee Ltd. Over the course
of his career, he has been involved in all aspects of managing accounting,
budgeting, human resources, administration, insurance, taxation and other
business support aspects surrounding oil and gas properties for Kerr McGee. Mr.
Thomas was responsible to ensure compliance with COPAS, SEC, FASB and
international accounting regulations. He participated on a team that developed
the Oracle accounting system application to the Kerr McGee's worldwide
operations. He was most notably involved in the company's initial entry into
both China and the UK North Sea - start ups of local and expatriate personnel
that eventually developed into core areas (over $1 Billion) for Kerr McGee,
including the company's first operated offshore oil fields in China (CFD 1-1)
and the UK (Gryphon). In his early career Mr. Thomas also held senior management
positions in the finance divisions of Norcen Energy Ltd of Calgary, Alberta
(1981-1984), Dennison Mines Ltd of Ontario Canada (1978-1981) and Algoma Steel
Corporation of Sault Ste Marie, Ontario, Canada (1977). He was also a Senior
Auditor for the accounting firm, Coopers & Lybrand in Toronto, Canada
(1975-1977). Mr. Thomas attained his Chartered Accountant (CA) designation from
the Canadian Institute of Chartered Accountants in 1977. He holds an Honors
Bachelor of Commerce and Finance degree from the University of Toronto, Ontario,
Canada.
Am 01.01.2009 gab es eine Personaländerung - Neuer CFO Mr. Thomas Williams
WILLIAM THOMAS. Mr. Thomas has thirty years of experience in the finance and
accounting areas for the natural resource sector. Currently, Mr. Thomas is also
the chief financial officer and a member of the board of directors of Mainland
Resources, Inc., a Nevada corporation that trades on the OTC Bulletin Board, and
the chief financial officer and a director of Uranium International Corp., a
Nevada corporation that trades on the OTC Bulletin Board, chief financial
officer of Hana Mining and Mira Resources both of which are Canadian public
companies. Mr. Thomas has held various successive management positions with Kerr
McGee Corporation's China operations based in Beijing, China, ending in 2004
with his final position as director of business services. For a brief period
after leaving Kerr McGee, Mr. Thomas acted as a self-practitioner in the
accounting and finance field. In July 2007 he took on the role of chief
financial officer for two public resource companies; Hana Mining Inc. and NWT
Uranium Corp. Recently, Mr. Thomas resigned from NWT Uranium Corp. but continues
to serve as chief financial officer for Hana Mining. Mr. Thomas was previously
general manager (1999-2002), and finance and administration manager (1996-1999)
of Kerr McGee's China operations. While in China, Mr. Thomas was responsible for
finance including Sarbanes Oxley reporting, budgeting, treasury, procurement,
taxation, marketing, insurance and business development, including commercial
negotiations with the Chinese partner, China National Offshore Oil Co (CNOOC)
and other Chinese and joint venture partners. Mr. Thomas focused heavily on
supporting exploration and development operations for three operated blocks in
Bohai Bay, as well as evaluation and negotiation of new venture blocks in East
China Sea and the South China Sea. He was also responsible for the liaison with
CNOOC and other Chinese oil companies, Kerr McGee US management and joint
venture partners, where his main focus was to ensure cost effective and timely
achievement of various approved work programs and budgets. He was also Chief
Representative for Kerr McGee on the Joint Management Committee (JMC). Mr.
Thomas previously worked as manager of fixed asset accounting for Kerr McGee
Corporation's US operations (1996), as finance director of Kerr McGee's UK
operations based in London/Aberdeen (1992-1996), and Kerr McGee's Canadian
operations in Calgary, Alberta, Canada (1984-1992), including the predecessor
company, Maxus Canada Ltd, which was acquired by Kerr McGee Ltd. Over the course
of his career, he has been involved in all aspects of managing accounting,
budgeting, human resources, administration, insurance, taxation and other
business support aspects surrounding oil and gas properties for Kerr McGee. Mr.
Thomas was responsible to ensure compliance with COPAS, SEC, FASB and
international accounting regulations. He participated on a team that developed
the Oracle accounting system application to the Kerr McGee's worldwide
operations. He was most notably involved in the company's initial entry into
both China and the UK North Sea - start ups of local and expatriate personnel
that eventually developed into core areas (over $1 Billion) for Kerr McGee,
including the company's first operated offshore oil fields in China (CFD 1-1)
and the UK (Gryphon). In his early career Mr. Thomas also held senior management
positions in the finance divisions of Norcen Energy Ltd of Calgary, Alberta
(1981-1984), Dennison Mines Ltd of Ontario Canada (1978-1981) and Algoma Steel
Corporation of Sault Ste Marie, Ontario, Canada (1977). He was also a Senior
Auditor for the accounting firm, Coopers & Lybrand in Toronto, Canada
(1975-1977). Mr. Thomas attained his Chartered Accountant (CA) designation from
the Canadian Institute of Chartered Accountants in 1977. He holds an Honors
Bachelor of Commerce and Finance degree from the University of Toronto, Ontario,
Canada.
Korrektur: Die Personaländerung fand am 08.01.2009 statt
Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Excercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants 06/27/2008 06/27/2009 Warrants 26,667 $ 1.5 D
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Excercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants 06/27/2008 06/27/2009 Warrants 26,667 $ 1.5 D
Antwort auf Beitrag Nr.: 35.871.744 von ZDRAVKO am 07.11.08 15:52:34Na wieder geht Bergauf bei MORGAN CREEK nach einem schlechten Jahr 2007.
Morgan Creek Energy Corp. (MCKE.OB) On Apr 20: 0.15 0.00 (0.00%)
MORE ON MCKE.OB
Income Statement Get Income Statement for:
View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Dec-08 31-Dec-07 31-Dec-06
Total Revenue - - -
Cost of Revenue 700 313 312
Gross Profit (700) (313) (312)
Operating Expenses
Research Development - - -
Selling General and Administrative 897 504 2,333
Non Recurring - - 1,273
Others - - -
Total Operating Expenses - - -
Operating Income or Loss (1,597) (817) (3,918)
Income from Continuing Operations
Total Other Income/Expenses Net (425) - -
Earnings Before Interest And Taxes (2,022) (817) (3,918)
Interest Expense - - -
Income Before Tax (2,022) (817) (3,918)
Income Tax Expense - - -
Minority Interest - - -
Net Income From Continuing Ops (2,022) (817) (3,918)
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income (2,022) (817) (3,918)
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares ($2,022) ($817) ($3,918)
Morgan Creek Energy Corp. (MCKE.OB) On Apr 20: 0.15 0.00 (0.00%)
MORE ON MCKE.OB
Income Statement Get Income Statement for:
View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Dec-08 31-Dec-07 31-Dec-06
Total Revenue - - -
Cost of Revenue 700 313 312
Gross Profit (700) (313) (312)
Operating Expenses
Research Development - - -
Selling General and Administrative 897 504 2,333
Non Recurring - - 1,273
Others - - -
Total Operating Expenses - - -
Operating Income or Loss (1,597) (817) (3,918)
Income from Continuing Operations
Total Other Income/Expenses Net (425) - -
Earnings Before Interest And Taxes (2,022) (817) (3,918)
Interest Expense - - -
Income Before Tax (2,022) (817) (3,918)
Income Tax Expense - - -
Minority Interest - - -
Net Income From Continuing Ops (2,022) (817) (3,918)
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income (2,022) (817) (3,918)
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares ($2,022) ($817) ($3,918)
STRONG BUY * STRONG BUY
Morgan Creek Energy Enters Option Agreement on North Fork 3-D Prospect, Beaver County, Oklahoma
Morgan Creek Energy Enters Option Agreement on North Fork 3-D Prospect, Beaver County, Oklahoma
DALLAS, June 3 /PRNewswire-FirstCall/ -- Morgan Creek Energy Corp. (the 'Company') (OTC Bulletin Board: MCKE) (M6C1-Frankfrurt) has entered into a Letter Agreement dated May 28, 2009, with Bonanza Resources Corporation ('Bonanza'), for an option to earn a 60% interest of Bonanza's 85% interest in the North Fork 3-D prospect in Beaver County, Oklahoma. The parties intend to enter into a definitive agreement regarding the option and purchase of the 60% interest within 60 days.
In order to exercise the option, Morgan Creek is required to incur US$2,400,000 in exploration and drilling expenditures during the Option Period, which is one year. In the event that Morgan Creek does not do so the option will terminate, Morgan Creek will cease to have any interest in the prospect and Bonanza will retain the benefit of any drilling or exploration expenditures made by Morgan Creek during the Option Period.
Bonanza Resources Corporation, through its subsidiary, acquired an 85% interest in the North Fork 3-D prospect pursuant to an agreement with Radiant Energy, LC and Ryan Petroleum, LLC dated February 25, 2008 (the 'Original Agreement'). Pursuant to the Option Agreement, Morgan Creek will assume 60% of the Bonanza's rights, title, interest and obligations under the Original Agreement for the duration of the Option Period and will continue to do so in the event that the option is exercised.
About Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. is a natural resource exploration company engaged in the acquisition and development of strategic oil and natural gas properties. For further information see: www.morgancreekenergy.com
Symbol: OTCBB - MCKE; Frankfurt/Berlin Symbol - M6C1, WKN No.: A0QYTM; ISIN: 61732R 206
Contact North America: Investor Relations
Tel.: 214-722-6490
Contact Europe: Investor Relations
Tel.: 49-69-7593-8467
Morgan Creek Energy Enters Option Agreement on North Fork 3-D Prospect, Beaver County, Oklahoma
Morgan Creek Energy Enters Option Agreement on North Fork 3-D Prospect, Beaver County, Oklahoma
DALLAS, June 3 /PRNewswire-FirstCall/ -- Morgan Creek Energy Corp. (the 'Company') (OTC Bulletin Board: MCKE) (M6C1-Frankfrurt) has entered into a Letter Agreement dated May 28, 2009, with Bonanza Resources Corporation ('Bonanza'), for an option to earn a 60% interest of Bonanza's 85% interest in the North Fork 3-D prospect in Beaver County, Oklahoma. The parties intend to enter into a definitive agreement regarding the option and purchase of the 60% interest within 60 days.
In order to exercise the option, Morgan Creek is required to incur US$2,400,000 in exploration and drilling expenditures during the Option Period, which is one year. In the event that Morgan Creek does not do so the option will terminate, Morgan Creek will cease to have any interest in the prospect and Bonanza will retain the benefit of any drilling or exploration expenditures made by Morgan Creek during the Option Period.
Bonanza Resources Corporation, through its subsidiary, acquired an 85% interest in the North Fork 3-D prospect pursuant to an agreement with Radiant Energy, LC and Ryan Petroleum, LLC dated February 25, 2008 (the 'Original Agreement'). Pursuant to the Option Agreement, Morgan Creek will assume 60% of the Bonanza's rights, title, interest and obligations under the Original Agreement for the duration of the Option Period and will continue to do so in the event that the option is exercised.
About Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. is a natural resource exploration company engaged in the acquisition and development of strategic oil and natural gas properties. For further information see: www.morgancreekenergy.com
Symbol: OTCBB - MCKE; Frankfurt/Berlin Symbol - M6C1, WKN No.: A0QYTM; ISIN: 61732R 206
Contact North America: Investor Relations
Tel.: 214-722-6490
Contact Europe: Investor Relations
Tel.: 49-69-7593-8467
FORMCAP Negotiates Option Agreement on New Mexico Prospect
More News related to FRMC
FORMCAP Negotiates Option Agreement on New Mexico Prospect
FORMCAP Announces Cancellation of Joint Venture Development Agreement with MLXjet, Inc. and MLXjet Media Corp
More News related to FRMC
More News related to Press Releases
Featherstone Capital Advisors Inc.: Termination of Advisory Services Agreement With Terrane Metals Corp.
Michaels Offers Tips for Preserving Michael Jackson Memorabilia
Infonetics Research: ZTE, NEC take share in Asia optical network hardware market; ZTE passes Alcatel-Lucent
Macrovision's Q2 2009 Earnings Release and Conference Call Scheduled for August 6, 2009
Health Canada Update About Safety of Lantus (Insulin Glargine)
More News related to Press Releases
July 9, 2009 12:39 PM EDT
VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 07/09/09 -- FORMCAP CORP. (PINK SHEETS: FRMC) announced today that it has entered into an Option Agreement with Morgan Creek Energy Corp. to acquire up to a 50% Working Interest (40.75% Net Revenue Interest) in Morgan Creeks' approximately 13,000 acre entire Frio Draw Prospect located in Curry County, New Mexico. Under the terms of the agreement, FormCap is required to drill and complete two mutually defined targets on the acreage to earn its interest.
Following the initial two wells, Morgan Creeks' management and land team will work with FormCap to establish additional targets on the Frio draw based on technical data and drill results. The two companies will jointly fund additional targets and have committed to a minimum five hole drill program in order to effectively test the Frio Draw.
"This is a very exciting prospect. It is in a well established formation, the San Andres, which should provide FormCap with a relatively low risk opportunity. In addition, Morgan Creek's management team brings exceptional expertise and knowledge of this prospect, which we believe will increase our possibility of success," stated Graham Douglas, FormCap's President & CEO.
About FormCap Corp.:
FORMCAP is a reporting issuer with the shares traded on the "Pink Sheets". FORMCAP's mandate is to seek out developing companies for acquisition, joint venture or partnering and to provide these companies with financial and senior strategic management assistance.
About Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. is a natural resource exploration company engaged in the acquisition and development of strategic oil and natural gas properties. For further information see: www.morgancreekenergy.com.
More News related to FRMC
FORMCAP Negotiates Option Agreement on New Mexico Prospect
FORMCAP Announces Cancellation of Joint Venture Development Agreement with MLXjet, Inc. and MLXjet Media Corp
More News related to FRMC
More News related to Press Releases
Featherstone Capital Advisors Inc.: Termination of Advisory Services Agreement With Terrane Metals Corp.
Michaels Offers Tips for Preserving Michael Jackson Memorabilia
Infonetics Research: ZTE, NEC take share in Asia optical network hardware market; ZTE passes Alcatel-Lucent
Macrovision's Q2 2009 Earnings Release and Conference Call Scheduled for August 6, 2009
Health Canada Update About Safety of Lantus (Insulin Glargine)
More News related to Press Releases
July 9, 2009 12:39 PM EDT
VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 07/09/09 -- FORMCAP CORP. (PINK SHEETS: FRMC) announced today that it has entered into an Option Agreement with Morgan Creek Energy Corp. to acquire up to a 50% Working Interest (40.75% Net Revenue Interest) in Morgan Creeks' approximately 13,000 acre entire Frio Draw Prospect located in Curry County, New Mexico. Under the terms of the agreement, FormCap is required to drill and complete two mutually defined targets on the acreage to earn its interest.
Following the initial two wells, Morgan Creeks' management and land team will work with FormCap to establish additional targets on the Frio draw based on technical data and drill results. The two companies will jointly fund additional targets and have committed to a minimum five hole drill program in order to effectively test the Frio Draw.
"This is a very exciting prospect. It is in a well established formation, the San Andres, which should provide FormCap with a relatively low risk opportunity. In addition, Morgan Creek's management team brings exceptional expertise and knowledge of this prospect, which we believe will increase our possibility of success," stated Graham Douglas, FormCap's President & CEO.
About FormCap Corp.:
FORMCAP is a reporting issuer with the shares traded on the "Pink Sheets". FORMCAP's mandate is to seek out developing companies for acquisition, joint venture or partnering and to provide these companies with financial and senior strategic management assistance.
About Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. is a natural resource exploration company engaged in the acquisition and development of strategic oil and natural gas properties. For further information see: www.morgancreekenergy.com.
Forward-Split 2:1 executed!
Antwort auf Beitrag Nr.: 37.726.947 von woolve am 06.08.09 19:03:21wer kauft denn denn scheiß überhaupt noch?
im april 2008 gab es einen split 1:3. jetzt gibt es einen split 2:1. weiß einer was das bedeuten soll ???
Antwort auf Beitrag Nr.: 37.764.269 von Aue1 am 12.08.09 16:22:54wo soll denn das stehn?
Antwort auf Beitrag Nr.: 37.766.407 von trude0815 am 12.08.09 20:16:04Morgan Creek Energy Corp (OTCBB: MCKE) (Frankfurt: M6C1) verzeichnet heute einen Anstieg um 166% auf $0,4 mit einem Volumen von 34,028.Der Aufsichtsrat von Morgan Creek Energy Corp. Hat einen forward split der Unternehmensanteile authorisiert und genehmigt. Zahlungstermin war der 3. August 2009. Morgan Creek Energy Corp. ist ein Explorationsunternehmen von natuerlichen Bodenschaetzen und engagiert sich fuer die Akquisition und Entwicklung von Oel und NAturgasanlagen. www.morgancreekenergy.com
25.08.2009 15:18
Morgan Creek Energy Enters Definitive Joint Drilling Agreement on Frio Draw Prospect in Curry County, New Mexico
DALLAS, Aug. 25 /PRNewswire-FirstCall/ -- This news release is further to the news release of July 9, 2009 of Morgan Creek Energy Corp. ("Morgan Creek") (OTC Bulletin Board: MCKE; M6C1-Frankfurt) wherein Morgan Creek announced that it had entered a definitive agreement with FormCap Corp. ("FormCap"), and had granted FormCap an option and then, if exercised, subsequent joint venture drilling rights on the Company's Frio Draw prospect in Curry County, New Mexico, which agreement was subject to FormCap conducting its due diligence before proceeding.
The Company is very pleased to announce that FormCap has conducted its due diligence under that agreement and FormCap has advanced an initial payment towards the Option and will proceed with plans to drill and complete the first of two mutually defined targets on the Company's leases immediately.
Under the terms of the Option Agreement, FormCap can acquire up to 50% Working Interest (40.75% Net Revenue Interest) in the 13,252 acre Frio Draw Prospect by drilling and completing two wells; initially, a 25% Working Interest from drilling and completing and paying for the first well and then an additional 25% Working Interest from drilling and completing and paying for the second well. The estimated cost to FormCap for the drilling and completing the two wells is US$1,300,000.00.
After the initial two wells have been drilled and completed and paid for by FormCap, FormCap and Morgan Creek will fund additional drilling on a 50/50 basis. A total of approximately 180 wells potentially can be drilled on the Frio Draw Prospect acreage.
Following the initial well drilling and completion, Morgan Creek's management and land team will work with FormCap to establish joint venture drilling initiatives based on technical data and drill results. The two companies will jointly fund additional targets and have a planned five-well drill program in order to effectively test the Frio Draw prospect.
About Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. is a natural resource exploration company engaged in the acquisition and development of strategic oil and natural gas properties. For further information see: http://www.morgancreekenergy.com/
Symbol: OTCBB - MCKE; Frankfurt/Berlin Symbol - M6C1, WKN No.: A0QYTM; ISIN: 61732R 206
SAFE HARBOR STATEMENT
THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.
EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH PROPERTY DEVELOPMENT AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL REPORT ON FORM 10-KSB AND ON FORM 10-QSB AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY'S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY'S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES 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 THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. EACH OF THE NASD, THE SEC AND THE OTCBB NEITHER APPROVES NOR DISAPPROVES OF THE CONTENTS OF THIS NEWS RELEASE.
THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
Morgan Creek Energy
CONTACT: North America: Investor Relations, +1-214-722-6490, Europe:
Investor Relations, 49-69-7593-8467, for Morgan Creek Energy
Web Site: http://www.morgancreekenergy.com/
Morgan Creek Energy Enters Definitive Joint Drilling Agreement on Frio Draw Prospect in Curry County, New Mexico
DALLAS, Aug. 25 /PRNewswire-FirstCall/ -- This news release is further to the news release of July 9, 2009 of Morgan Creek Energy Corp. ("Morgan Creek") (OTC Bulletin Board: MCKE; M6C1-Frankfurt) wherein Morgan Creek announced that it had entered a definitive agreement with FormCap Corp. ("FormCap"), and had granted FormCap an option and then, if exercised, subsequent joint venture drilling rights on the Company's Frio Draw prospect in Curry County, New Mexico, which agreement was subject to FormCap conducting its due diligence before proceeding.
The Company is very pleased to announce that FormCap has conducted its due diligence under that agreement and FormCap has advanced an initial payment towards the Option and will proceed with plans to drill and complete the first of two mutually defined targets on the Company's leases immediately.
Under the terms of the Option Agreement, FormCap can acquire up to 50% Working Interest (40.75% Net Revenue Interest) in the 13,252 acre Frio Draw Prospect by drilling and completing two wells; initially, a 25% Working Interest from drilling and completing and paying for the first well and then an additional 25% Working Interest from drilling and completing and paying for the second well. The estimated cost to FormCap for the drilling and completing the two wells is US$1,300,000.00.
After the initial two wells have been drilled and completed and paid for by FormCap, FormCap and Morgan Creek will fund additional drilling on a 50/50 basis. A total of approximately 180 wells potentially can be drilled on the Frio Draw Prospect acreage.
Following the initial well drilling and completion, Morgan Creek's management and land team will work with FormCap to establish joint venture drilling initiatives based on technical data and drill results. The two companies will jointly fund additional targets and have a planned five-well drill program in order to effectively test the Frio Draw prospect.
About Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. is a natural resource exploration company engaged in the acquisition and development of strategic oil and natural gas properties. For further information see: http://www.morgancreekenergy.com/
Symbol: OTCBB - MCKE; Frankfurt/Berlin Symbol - M6C1, WKN No.: A0QYTM; ISIN: 61732R 206
SAFE HARBOR STATEMENT
THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.
EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH PROPERTY DEVELOPMENT AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL REPORT ON FORM 10-KSB AND ON FORM 10-QSB AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY'S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY'S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES 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 THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION. THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. EACH OF THE NASD, THE SEC AND THE OTCBB NEITHER APPROVES NOR DISAPPROVES OF THE CONTENTS OF THIS NEWS RELEASE.
THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
Morgan Creek Energy
CONTACT: North America: Investor Relations, +1-214-722-6490, Europe:
Investor Relations, 49-69-7593-8467, for Morgan Creek Energy
Web Site: http://www.morgancreekenergy.com/
und hier noch von gestern
es tut sich was ?
24.08.2009 18:50
Morgan Creek Energy Signs Definitive Agreement on North Fork 3-D Prospect, Beaver County, Oklahoma
DALLAS, Aug. 24 /PRNewswire-FirstCall/ -- Further to its news release of June 3, 2009, Morgan Creek Energy Corp. (the "Company") (BULLETIN BOARD: MCKE) (M6C1-Frankfurt) has entered into a Definitive Agreement, with Bonanza Resources Corporation ("Bonanza"), for an option to earn a 60% working interest of Bonanza's 85% working interest in the North Fork 3-D prospect in Beaver County, Oklahoma. In order to exercise the option, Morgan Creek is required to incur US$2,400,000 in exploration and drilling expenditures in the next 12 months.
Bonanza Resources has completed a multi-component interpretive 3-D survey on approximately 8,500 acres to image the Morrow A and B sands. The 3-D interpretive survey has identified 40 drill ready target locations. Using this data as a basis, the Company plans to proceed with exploration drilling on the North Fork 3-D prospect this year.
Company President Peter Wilson states, "This agreement and program are important to Morgan Creek Energy because they help set a new direction for the Company going forward. I expect this to be one of several key projects that give Morgan Creek the ability to add solid value in this energy cycle."
Bonanza Resources Corporation, through its subsidiary, acquired an 85% interest in the North Fork 3-D prospect pursuant to an agreement with Radiant Energy, LLC and Ryan Petroleum, LLC dated February 25, 2008 (the "Original Agreement"). Pursuant to the Definitive Agreement, Morgan Creek will assume 60% of Bonanza's rights, title, interest and obligations under the Original Agreement for the duration of the option period and will continue to do so in the event that the option is exercised.
About Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. is a natural resource exploration company engaged in the acquisition and development of strategic oil and natural gas properties. For further information see: http://www.morgancreekenergy.com/
Symbol: OTCBB - MCKE; Frankfurt/Berlin Symbol - M6C1, WKN No.: A0QYTM; ISIN: 61732R 206
SAFE HARBOR STATEMENT
THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.
EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH PROPERTY DEVELOPMENT AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL REPORT ON FORM 10-KSB AND ON FORM 10-QSB AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY'S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY'S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES 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 THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION.
THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. EACH OF THE NASD, THE SEC AND THE OTCBB NEITHER APPROVES NOR DISAPPROVES OF THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
es tut sich was ?
24.08.2009 18:50
Morgan Creek Energy Signs Definitive Agreement on North Fork 3-D Prospect, Beaver County, Oklahoma
DALLAS, Aug. 24 /PRNewswire-FirstCall/ -- Further to its news release of June 3, 2009, Morgan Creek Energy Corp. (the "Company") (BULLETIN BOARD: MCKE) (M6C1-Frankfurt) has entered into a Definitive Agreement, with Bonanza Resources Corporation ("Bonanza"), for an option to earn a 60% working interest of Bonanza's 85% working interest in the North Fork 3-D prospect in Beaver County, Oklahoma. In order to exercise the option, Morgan Creek is required to incur US$2,400,000 in exploration and drilling expenditures in the next 12 months.
Bonanza Resources has completed a multi-component interpretive 3-D survey on approximately 8,500 acres to image the Morrow A and B sands. The 3-D interpretive survey has identified 40 drill ready target locations. Using this data as a basis, the Company plans to proceed with exploration drilling on the North Fork 3-D prospect this year.
Company President Peter Wilson states, "This agreement and program are important to Morgan Creek Energy because they help set a new direction for the Company going forward. I expect this to be one of several key projects that give Morgan Creek the ability to add solid value in this energy cycle."
Bonanza Resources Corporation, through its subsidiary, acquired an 85% interest in the North Fork 3-D prospect pursuant to an agreement with Radiant Energy, LLC and Ryan Petroleum, LLC dated February 25, 2008 (the "Original Agreement"). Pursuant to the Definitive Agreement, Morgan Creek will assume 60% of Bonanza's rights, title, interest and obligations under the Original Agreement for the duration of the option period and will continue to do so in the event that the option is exercised.
About Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. is a natural resource exploration company engaged in the acquisition and development of strategic oil and natural gas properties. For further information see: http://www.morgancreekenergy.com/
Symbol: OTCBB - MCKE; Frankfurt/Berlin Symbol - M6C1, WKN No.: A0QYTM; ISIN: 61732R 206
SAFE HARBOR STATEMENT
THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.
EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH PROPERTY DEVELOPMENT AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL REPORT ON FORM 10-KSB AND ON FORM 10-QSB AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY'S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY'S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES 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 THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION.
THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. EACH OF THE NASD, THE SEC AND THE OTCBB NEITHER APPROVES NOR DISAPPROVES OF THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
Ja es tut sich was.Auf meinem Konto habe ich jetzt einmal mehr,also Split ist durchgefuehrt.
DANKE MORGAN CREEK NEW !
DANKE MORGAN CREEK NEW !
Amis decken sich ein !!!!!
Antwort auf Beitrag Nr.: 37.922.509 von miga1 am 04.09.09 18:42:30Ja scheint bissle so
jawohlohl
das teil geht ab wie nachbars lumpi wetten dass..........
24.09.2009 17:41
Morgan Creek Energy Takes Control and Majority Interest in Frio Draw Prospect in Curry County, New Mexico
DALLAS, Sept. 24 /PRNewswire-FirstCall/ -- Morgan Creek Energy Corp. (the "Company") (OTC Bulletin Board: MCKE; M6C1-Frankfurt) has taken control of the exploration of the Frio Draw prospect in Curry County, New Mexico. The Company had previously entered an agreement with FormCap, which was to act as a joint-venture partner on the project, but could not meet the requirements as set forth under the agreement.
Morgan Creek Energy will now retain a 100% interest in the 13,252-acre Frio Draw Prospect and intends to fund exploration drilling on the prospect through alternative sources.
Company President Peter Wilson states, "We have seen a tremendous upswing in the energy markets while drilling costs have gone down drastically. This gives Morgan Creek Energy the opportunity to fund its own drilling initiatives and therefore control the entire process."
Following a planned initial well drilling and completion, Morgan Creek Energy's management team expects to establish a set of drilling initiatives on the Frio Draw based on technical data and drill results.
About Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. is a natural resource exploration company engaged in the acquisition and development of strategic oil and natural gas properties. For further information see: http://www.morgancreekenergy.com/
Symbol: OTCBB - MCKE; Frankfurt/Berlin Symbol - M6C1, WKN No.: A0QYTM; ISIN: 61732R 206
Morgan Creek Energy Takes Control and Majority Interest in Frio Draw Prospect in Curry County, New Mexico
DALLAS, Sept. 24 /PRNewswire-FirstCall/ -- Morgan Creek Energy Corp. (the "Company") (OTC Bulletin Board: MCKE; M6C1-Frankfurt) has taken control of the exploration of the Frio Draw prospect in Curry County, New Mexico. The Company had previously entered an agreement with FormCap, which was to act as a joint-venture partner on the project, but could not meet the requirements as set forth under the agreement.
Morgan Creek Energy will now retain a 100% interest in the 13,252-acre Frio Draw Prospect and intends to fund exploration drilling on the prospect through alternative sources.
Company President Peter Wilson states, "We have seen a tremendous upswing in the energy markets while drilling costs have gone down drastically. This gives Morgan Creek Energy the opportunity to fund its own drilling initiatives and therefore control the entire process."
Following a planned initial well drilling and completion, Morgan Creek Energy's management team expects to establish a set of drilling initiatives on the Frio Draw based on technical data and drill results.
About Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. is a natural resource exploration company engaged in the acquisition and development of strategic oil and natural gas properties. For further information see: http://www.morgancreekenergy.com/
Symbol: OTCBB - MCKE; Frankfurt/Berlin Symbol - M6C1, WKN No.: A0QYTM; ISIN: 61732R 206
Wieso gehts hier eigentlich immer nur hoch (und keinen interessierts) ?
Fast schon 1 USD
Fast schon 1 USD
das ist ja das schöne dabei klang und lautlos nach oben
Tag zusammen!
Bin auf diesen Wert aufmerksam geworden weil ich von irgend so einem Gratis Börsenbrief (ist eh nur SPAM) eine Mail erhalten habe.
Mal eine Frage, handelt es sich hier um die MOrgan creek..., mit der der Bäckermeister Frick seine Lemminge damals fett abgezockt hat???
Haben die nun ein "new" in den Firmennamen eingefügt und gehen nun wieder auf die Kleinaktionäre los???? Wenn das so ist dann kann man wirklich nur sagen: "Dummes, deutsches Geld". Hier ist doch der nä. Absturz vorprogrammiert und einige Pusher und Briefchenschreiber stopfen sich die Taschen voll. Oder glaubt hier wirklich jemand ernsthaft dass hier jemals Öl gefördert, Gold oder ein anderer Rohstoff abgebaut wird (oder wie lautet das "new" Geschäftsmodell)??
Bin auf diesen Wert aufmerksam geworden weil ich von irgend so einem Gratis Börsenbrief (ist eh nur SPAM) eine Mail erhalten habe.
Mal eine Frage, handelt es sich hier um die MOrgan creek..., mit der der Bäckermeister Frick seine Lemminge damals fett abgezockt hat???
Haben die nun ein "new" in den Firmennamen eingefügt und gehen nun wieder auf die Kleinaktionäre los???? Wenn das so ist dann kann man wirklich nur sagen: "Dummes, deutsches Geld". Hier ist doch der nä. Absturz vorprogrammiert und einige Pusher und Briefchenschreiber stopfen sich die Taschen voll. Oder glaubt hier wirklich jemand ernsthaft dass hier jemals Öl gefördert, Gold oder ein anderer Rohstoff abgebaut wird (oder wie lautet das "new" Geschäftsmodell)??
Antwort auf Beitrag Nr.: 38.092.329 von tpird am 01.10.09 09:55:09Und morgen gibts dann eine Stargold NEW, Star Energy NEW und Russoil NEW??
informiere Dich doch bitte, bevor Du so ein Schwachsinn schreibst.....geh bitte doch einmal auf die Firmenseite...danke Du schlaue
Antwort auf Beitrag Nr.: 38.092.357 von tpird am 01.10.09 09:58:31Gehe auf
http://finance.yahoo.com/q?s=MCKE.OB
unter Headlines - Nachrichten,aufmachen und unter alta vista.com,
Babel Fisch Translation uebersetzen lasen.Vieleicht wirst Du dann MCKE sogar kaufen,wenn nicht zu spaet ist.
http://finance.yahoo.com/q?s=MCKE.OB
unter Headlines - Nachrichten,aufmachen und unter alta vista.com,
Babel Fisch Translation uebersetzen lasen.Vieleicht wirst Du dann MCKE sogar kaufen,wenn nicht zu spaet ist.
!
Dieser Beitrag wurde moderiert.
Antwort auf Beitrag Nr.: 38.104.439 von carolyns am 02.10.09 15:31:49wie kommst du darauf?
Antwort auf Beitrag Nr.: 38.104.439 von carolyns am 02.10.09 15:31:49sind hier nur spinner unterwegs.....ohne fakten .....,nur dummes gelabbaaaa
!
Dieser Beitrag wurde moderiert. Grund: Provokation
Antwort auf Beitrag Nr.: 38.092.329 von tpird am 01.10.09 09:55:09meine rede
Frankfurt
M6C1 / EUR 0,64
300 +0,0190
+3,06 15:54:51
02.10.2009 0,62
0,64 0,62
0,63 0,67
0,63 71.261
46.083
Stuttgart
M6C1 / EUR 0,63
2.000 +0,0050
+0,81 15:37:39
02.10.2009 0,62
0,65 0,62
0,65 0,66
0,63 17.874
0
Berlin
M6C1 / EUR 0,67
331 +0,086
+14,63 11:58:02
02.10.2009 0,62
0,64 0,59
0,60 0,67
0,60 331
223
Internationale Handelsplätze
OTCBB
MCKE / USD 0,90
150 +0,0100
+1,12 17:17:00
02.10.2009 n. a.
n. a. 0,89
0,88 0,92
0,88 40.486
1.050
M6C1 / EUR 0,64
300 +0,0190
+3,06 15:54:51
02.10.2009 0,62
0,64 0,62
0,63 0,67
0,63 71.261
46.083
Stuttgart
M6C1 / EUR 0,63
2.000 +0,0050
+0,81 15:37:39
02.10.2009 0,62
0,65 0,62
0,65 0,66
0,63 17.874
0
Berlin
M6C1 / EUR 0,67
331 +0,086
+14,63 11:58:02
02.10.2009 0,62
0,64 0,59
0,60 0,67
0,60 331
223
Internationale Handelsplätze
OTCBB
MCKE / USD 0,90
150 +0,0100
+1,12 17:17:00
02.10.2009 n. a.
n. a. 0,89
0,88 0,92
0,88 40.486
1.050
Antwort auf Beitrag Nr.: 38.105.476 von miga1 am 02.10.09 16:51:19wegen mir darfst du hier alles verlieren - ich werde dann mal laut lachen wenn s soweit ist
Antwort auf Beitrag Nr.: 38.109.432 von carolyns am 03.10.09 15:02:39was bist du für ein dummbabler
keine fakten
nur sprüche
jeder kann für sich alleine entscheiden
braucht dein gelaber nicht
egal ob hopp oder topp
am besten du gehst dahin wo du hergekommen bist daimler ,vw usw.
und läßt die leute hier in ruhe
denn hier wie in allen anderen sollte es um austausch gehen
mfg
onkelen
keine fakten
nur sprüche
jeder kann für sich alleine entscheiden
braucht dein gelaber nicht
egal ob hopp oder topp
am besten du gehst dahin wo du hergekommen bist daimler ,vw usw.
und läßt die leute hier in ruhe
denn hier wie in allen anderen sollte es um austausch gehen
mfg
onkelen
Antwort auf Beitrag Nr.: 38.109.432 von carolyns am 03.10.09 15:02:39hoffe dir bleibt das lachen im hals stecken und stirbst
05.10.2009 15:57
IRW-PRESS: Morgan Creek Energy: Morgan Creek Energy startet Bohrinitiative auf dem Grundstück North Ford 3D in Oklahoma
IRW-PRESS: Morgan Creek Energy: Morgan Creek Energy startet Bohrinitiative auf dem Grundstück North Ford 3D in Oklahoma
Morgan Creek Energy startet Bohrinitiative auf dem Grundstück North Ford 3D in Oklahoma
Dallas, Texas 5. Oktober 2009 Morgan Creek Energy Corp. (das Unternehmen) (KÜRZEL MCKE-OTCBB, M6C1-Frankfurt) gibt bekannt, dass das Management entschieden hat, die Prioritäten auf das Bohrprogramm auf dem Grundstück North Fork 3D in Beaver County (Oklahoma) zu legen.
Hinsichtlich seiner Pressemitteilung vom 3. Juni 2009 unterzeichnete Morgan Creek Energy Corp. ein endgültiges Abkommen mit Bonanza Resources Corporation (Bonanza) bezüglich einer Option auf den Erwerb einer 60%-Arbeitsbeteiligung an Bonanzas 85%-Arbeitsbeteiligung am Grundstück North Fork 3D in Beaver County (Oklahoma). Um die Option wahrzunehmen muss Morgan Creek US$ 2.400.000 an Explorations- und Bohrausgaben leisten.
Bonanza Resources führte auf etwa 8.500 Acres eine 3D-Interpretation mit mehreren Komponenten durch, um die Sande von Morrow A und B darzustellen. Diese 3D-Interpretation identifizierte 40 bohrbereite Zielgebiete.
Peter Wilson, President und CEO des Unternehmens, sagte: Die Priorisierung der Bohrungen in Oklahoma wird unsere Unternehmensinitiative beschleunigen, jene Ziele zu bebohren, die das Management für die bestmöglichen für eine erfolgreiche Produktion hält und die das geringste Risiko in unserem aktuellen Explorationsportfolio aufweisen.
Bonanza Resources Corporation erwarb im Namen seines Tochterunternehmens eine 85%-Beteiligung am Grundstück North Fork 3D, indem es am 25. Februar 2008 ein entsprechendes Abkommen mit Radiant Energy LLC und Ryan Petroleum LLC unterzeichnete (das ursprüngliche Abkommen). Gemäß dem endgültigen Abkommen wird Morgan Creek während der Dauer des Optionszeitraums und im Fall einer Wahrnehmung der Option auch darüber hinaus 60 % von Bonanzas Rechten, Beteiligungen und Verpflichtungen aus dem ursprünglichen Abkommen übernehmen.
Über Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. ist ein Rohstoffexplorationsunternehmen, das sich auf den Erwerb und die Erschließung von strategischen Öl- und Erdgas-Grundstücken konzentriert.
Weitere Informationen erhalten Sie unter: www.morgancreekenergy.com
Symbol: OTCBB MCKE; Frankfurt/Berlin Symbol M6C1, WKN-Nr.: A0QYTM; ISIN: 61732R 206
Kontakt Nordamerika: Investor Relations Tel.: 214-722-6490
Kontakt Europa: Investor Relations Tel.: 49-69-7593-8467
IRW-PRESS: Morgan Creek Energy: Morgan Creek Energy startet Bohrinitiative auf dem Grundstück North Ford 3D in Oklahoma
IRW-PRESS: Morgan Creek Energy: Morgan Creek Energy startet Bohrinitiative auf dem Grundstück North Ford 3D in Oklahoma
Morgan Creek Energy startet Bohrinitiative auf dem Grundstück North Ford 3D in Oklahoma
Dallas, Texas 5. Oktober 2009 Morgan Creek Energy Corp. (das Unternehmen) (KÜRZEL MCKE-OTCBB, M6C1-Frankfurt) gibt bekannt, dass das Management entschieden hat, die Prioritäten auf das Bohrprogramm auf dem Grundstück North Fork 3D in Beaver County (Oklahoma) zu legen.
Hinsichtlich seiner Pressemitteilung vom 3. Juni 2009 unterzeichnete Morgan Creek Energy Corp. ein endgültiges Abkommen mit Bonanza Resources Corporation (Bonanza) bezüglich einer Option auf den Erwerb einer 60%-Arbeitsbeteiligung an Bonanzas 85%-Arbeitsbeteiligung am Grundstück North Fork 3D in Beaver County (Oklahoma). Um die Option wahrzunehmen muss Morgan Creek US$ 2.400.000 an Explorations- und Bohrausgaben leisten.
Bonanza Resources führte auf etwa 8.500 Acres eine 3D-Interpretation mit mehreren Komponenten durch, um die Sande von Morrow A und B darzustellen. Diese 3D-Interpretation identifizierte 40 bohrbereite Zielgebiete.
Peter Wilson, President und CEO des Unternehmens, sagte: Die Priorisierung der Bohrungen in Oklahoma wird unsere Unternehmensinitiative beschleunigen, jene Ziele zu bebohren, die das Management für die bestmöglichen für eine erfolgreiche Produktion hält und die das geringste Risiko in unserem aktuellen Explorationsportfolio aufweisen.
Bonanza Resources Corporation erwarb im Namen seines Tochterunternehmens eine 85%-Beteiligung am Grundstück North Fork 3D, indem es am 25. Februar 2008 ein entsprechendes Abkommen mit Radiant Energy LLC und Ryan Petroleum LLC unterzeichnete (das ursprüngliche Abkommen). Gemäß dem endgültigen Abkommen wird Morgan Creek während der Dauer des Optionszeitraums und im Fall einer Wahrnehmung der Option auch darüber hinaus 60 % von Bonanzas Rechten, Beteiligungen und Verpflichtungen aus dem ursprünglichen Abkommen übernehmen.
Über Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. ist ein Rohstoffexplorationsunternehmen, das sich auf den Erwerb und die Erschließung von strategischen Öl- und Erdgas-Grundstücken konzentriert.
Weitere Informationen erhalten Sie unter: www.morgancreekenergy.com
Symbol: OTCBB MCKE; Frankfurt/Berlin Symbol M6C1, WKN-Nr.: A0QYTM; ISIN: 61732R 206
Kontakt Nordamerika: Investor Relations Tel.: 214-722-6490
Kontakt Europa: Investor Relations Tel.: 49-69-7593-8467
0,446 -20,64 %
-0,116
morgen krieg
kz bis 31.10.2009 --- 0,05 €
ich lach mich kaputt
und nicht vergessen - immer schön nachkaufen
bist du krank??? das ist eigentlich ein forum zum austauschen und nicht zur behandlung kranker menschen
nächste woche dürften schon die 0,20 € fallen
krank sind alle die in solche "pommesbuden" investieren
aber ihr seid ja selber groß
wenn ihr alles verlohren habt gibt es von mir aber noch nen
krank sind alle die in solche "pommesbuden" investieren
aber ihr seid ja selber groß
wenn ihr alles verlohren habt gibt es von mir aber noch nen
www.morgancreekenergy.com/smallcapnews
Antwort auf Beitrag Nr.: 34.106.744 von Chance2007 am 16.05.08 08:24:17Ist morgen Krieg?
0,420 -10,64 %
-0,050
-0,050
na, schon aus der anstalt entlassen worden ......schwachkopf
0,313
na, endlich
wenn jetzt die Amis noch mitziehen ,könnte es ganz schön heiss werden
wo ist eigentlich diese carolyns.....??????????
:O
:cry
:
:lau
:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O
:
:rol:ya
;
wollte euch kinder mal toppen
:cry
:
:lau
:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O:O
:
:rol:ya
;
wollte euch kinder mal toppen
passt doch ....
Antwort auf Beitrag Nr.: 38.510.970 von miga1 am 04.12.09 16:02:42Happy new year....wetten
Antwort auf Beitrag Nr.: 38.655.958 von miga1 am 03.01.10 10:19:13Kann mir einer hier im Forum aktuelle Infos und News mitteilen?
I hope so!!!
I hope so!!!
Antwort auf Beitrag Nr.: 38.979.194 von niemokosch am 20.02.10 14:27:40Annual Report fuer MCKE unter:
http://www.advfn.com/p.php?pid=nmona&article=42400373&symbol…
Viel spass bei lesen.
http://www.advfn.com/p.php?pid=nmona&article=42400373&symbol…
Viel spass bei lesen.
oh.....................kommt da was!!!!!!!!!!!!!!!!!!
Antwort auf Beitrag Nr.: 40.087.247 von miga1 am 02.09.10 10:46:27Habs vorhin auch gesehen Miga1!!
*freu*
Nur leid3er weiß ich noch nicht was diesen Sprung ausgelöst hat und ob er endlich mal wieder eine Trendwende einläutet...
*hoff*
*freu*
Nur leid3er weiß ich noch nicht was diesen Sprung ausgelöst hat und ob er endlich mal wieder eine Trendwende einläutet...
*hoff*
Antwort auf Beitrag Nr.: 40.088.280 von Ben_28 am 02.09.10 13:07:58der Trend besteht schon seit einigen Tagen ...freu
Insiderkaeufe???????
Schade dass sich bei dem Unternehmen so wenig leute auszukennen scheinen. Selbst im Internet findet man nur ganz spärlich Informationen.
Ich weiß natürlich, dass das Papier ein Zock ist, aber es wäre trotzdem spannend mehr unterschiedliche Meinungen und Hintergründe zur Tätigkeit und Ertragslage des Unternehmens und den Potentialen der Aktie zu bekommen.
Kennt jemand vielleicht ein anderes Forum wo man dazu evtl. mehr erfahren könnte?
Ich weiß natürlich, dass das Papier ein Zock ist, aber es wäre trotzdem spannend mehr unterschiedliche Meinungen und Hintergründe zur Tätigkeit und Ertragslage des Unternehmens und den Potentialen der Aktie zu bekommen.
Kennt jemand vielleicht ein anderes Forum wo man dazu evtl. mehr erfahren könnte?
Habe noch welche im Depot,was soll ich damit anfangen????
Antwort auf Beitrag Nr.: 41.624.238 von ichbinswirklich am 09.06.11 08:50:31Verkaufen und in aussichtsreiche Werte wie AXI oder Bonterra tauschen...
+50% an einem Tag!!!
Gibts irgendwelche News die das ausgelöst haben? So 20-25% kommen ja durchaus ab und zu vor bei dem Papier, aber 50%!!!?
Weiß da jemand etwas dazu?
Gibts irgendwelche News die das ausgelöst haben? So 20-25% kommen ja durchaus ab und zu vor bei dem Papier, aber 50%!!!?
Weiß da jemand etwas dazu?
das Lumpenpack und der Geschäftsführer eines Anlegermagazins hat doch wieder alle Anleger rasiert.
Heute in Euro am Sonntag Seite 6
Heute in Euro am Sonntag Seite 6
http://www.finanzen.net/nachricht/aktien/Manipulation-Im-Vis…
...Zu den Beschuldigten gehört nach Informationen dieser Zeitung neben anderen der frühere Chefredakteur eines Anlegermagazins. Er musste sich bereits vor einigen Jahren in einem ähnlichen Fall vor Gericht verantworten. Außerdem sind mehrere Anzeigenverkäufer des Anlegerforums Wallstreet Online sowie ein Börsenbriefschreiber ins Visier der Ermittler geraten.
...
...Zu den Beschuldigten gehört nach Informationen dieser Zeitung neben anderen der frühere Chefredakteur eines Anlegermagazins. Er musste sich bereits vor einigen Jahren in einem ähnlichen Fall vor Gericht verantworten. Außerdem sind mehrere Anzeigenverkäufer des Anlegerforums Wallstreet Online sowie ein Börsenbriefschreiber ins Visier der Ermittler geraten.
...
hahaha - so das wars dann wohl vollens mit dem Papier! Oder weiß jemand etwas anderes?
Ich hör da garnichts zu dem Unternehmen. :-(
Ich hör da garnichts zu dem Unternehmen. :-(
Hat jemand irgendwelche Infos zu Morgan Creek? Bei meinem Commerzbank Musterdepot wurde das Papier ausgelistet.
Sind die jetzt endgültig hopps gegangen???
Sind die jetzt endgültig hopps gegangen???
Bei mir bei comdirect ist es auch so.
kann aber nirgendwo was finden...
Was ist denn los???
kann aber nirgendwo was finden...
Was ist denn los???
jetzt ist die aktie wieder frei handelbar....
Antwort auf Beitrag Nr.: 42.710.979 von teraxer1 am 07.02.12 11:11:19Stimmt! Habs grad auch gesehen.
Hat das mit den Ermittlungen wegen Betrugs zu tun?
Hat das mit den Ermittlungen wegen Betrugs zu tun?
ich denke schon.....
aber es ist immer etwas umsatz vorhanden.
bei leicht höherem umsatz haben wir kurse,die ca 10-50x höher als 0,025 sind....
es kann ganz schnell gehen....
ich denke wenn die ermittlungen beendert sind,reiner tisch
uznd dann ist diese aktie wieder sauber
aber es ist immer etwas umsatz vorhanden.
bei leicht höherem umsatz haben wir kurse,die ca 10-50x höher als 0,025 sind....
es kann ganz schnell gehen....
ich denke wenn die ermittlungen beendert sind,reiner tisch
uznd dann ist diese aktie wieder sauber
Zitat von KurtWarner: http://www.finanzen.net/nachricht/aktien/Manipulation-Im-Vis…
...Zu den Beschuldigten gehört nach Informationen dieser Zeitung neben anderen der frühere Chefredakteur eines Anlegermagazins. Er musste sich bereits vor einigen Jahren in einem ähnlichen Fall vor Gericht verantworten. Außerdem sind mehrere Anzeigenverkäufer des Anlegerforums Wallstreet Online sowie ein Börsenbriefschreiber ins Visier der Ermittler geraten.
...
http://webcache.googleusercontent.com/search?q=cache:RispRek…
Antwort auf Beitrag Nr.: 42.711.364 von teraxer1 am 07.02.12 12:02:49@teraxer1:
Hast Du vielleicht auch Zugang zu Fundamentaldaten? Verschuldungsgrad, Cashquote und solche Sachen?
Neben der Phantasie (die ich genau wie Du in dem Papier sehe) wäre es mal interessant ein paar Hard facts zu erfahren.
Hast Du vielleicht auch Zugang zu Fundamentaldaten? Verschuldungsgrad, Cashquote und solche Sachen?
Neben der Phantasie (die ich genau wie Du in dem Papier sehe) wäre es mal interessant ein paar Hard facts zu erfahren.
Also der letzte Quartalsbericht war ja nun alles andere als ermutigend. *lach*
http://www.faqs.org/sec-filings/120412/MORGAN-CREEK-ENERGY-C…
Wenn die eigene Geschäftsleitung seitenweise über Risiken spricht und sich darüber auslässt, dass nichts sicher ist und jederzeit alles den bach runter gehen kann.
Außerdem scheint die Firma nur noch aus 2 Personen zu bestehen.
Andererseits scheint es nach wie vor private Investoren zu geben die immer wieder nicht unerhebliche Mittel nachzuschießen. Entweder die wissen etwas das wir hier nicht gesagt bekommen oder die haben einfach zuviel Geld und suchen ein paar Verlustbringen as steuerlichen Gründen.
http://www.faqs.org/sec-filings/120412/MORGAN-CREEK-ENERGY-C…
Wenn die eigene Geschäftsleitung seitenweise über Risiken spricht und sich darüber auslässt, dass nichts sicher ist und jederzeit alles den bach runter gehen kann.
Außerdem scheint die Firma nur noch aus 2 Personen zu bestehen.
Andererseits scheint es nach wie vor private Investoren zu geben die immer wieder nicht unerhebliche Mittel nachzuschießen. Entweder die wissen etwas das wir hier nicht gesagt bekommen oder die haben einfach zuviel Geld und suchen ein paar Verlustbringen as steuerlichen Gründen.
Haben die ihren Namen gewechselt ???
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