ARET schon wieder im PLUS - 500 Beiträge pro Seite

[oski]

ARET bald bei 0.02?
Shares Outstanding: 216.21M Float: 152.50M % Held by Insiders : 29.47%

NEWS vom 23.Mai


Arete Industries, Inc. (OTCBB:ARET) announced its subsidiary, Colorado Oil and Gas, Inc. (COG), has agreed to purchase thirteen producing oil and gas wells with in-field development potential for up to 5 additional wells, including one re-completion in a new producing zone of an existing well, located in 5 producing oil and gas fields and in various producing horizons of Colorado`s DJ basin and the northern end of the Hugoton Embayment located across the eastern half of Colorado. The parties have set the Closing date to on or before June 15, 2005, subject to a 15-day extension.

The Company also filed today a Current Report on Form 8-K with the Securities and Exchange Commission disclosing in detail the principal terms of the agreement including conditions and contingencies required for COG to complete the transaction, and identification of the parties and proposed properties.

Primarily, COG is purchasing from unaffiliated third-party sellers the entire Net Revenue Interest in thirteen producing wells and certain leasehold and development rights to up to 5 new in-field development wells including 1 re-entry and re-completion of an existing producing well in a new producing zone. COG is acquiring the operating rights to the properties and has designated the current operator, one of the seller parties, as operator. The purchase agreement reserves to the sellers Overriding Royalty Interests (ORRIs) and reversionary rights for the development prospects in the event COG does not complete development drilling or re-entry and re-completion operations within certain timeframes. COG also is granted certain rights to repurchase these ORRIs for $1 million, prior to activation of the referenced reversionary rights. COG must pay the $2.6 million purchase price with $2.5 million in cash and $100,000 in restricted common shares of COG by the July 1, 2005, deadline. COG has granted Sellers certain Piggy-Back registration rights to the restricted common shares in the event COG files an SEC Registration Statement for its common shares. COG is engaged in efforts to secure funding of the cash portion of the purchase price and an estimated $500,000 for drilling and completion costs of the Proven Undeveloped acreage or a total of $3 million from secured bank debt and senior preferred equity in COG. COG has no binding commitments for such funding at this time and funding of the purchase price by the required closing date cannot be assured.

Mentioned Last Change
ARET 0.0076 0.0016dollars or (26.66%)
William W. Stewart, President of COG, and an Arete director, stated: "I am excited by the opportunity to purchase these properties as we launch the Company`s business plan of acquiring producing properties with additional development potential. We have worked hard to bring a viable cash-generating vehicle into the Company, but have a good deal of work to do to complete this acquisition in the required timeframe." Mr. Stewart brought the acquisition to Arete for consideration. He and two other directors of Arete have purchased a 21.4% equity position in COG and have been granted options to acquire an additional 19.5% for a total of 40.1% contingent on Closing of the referenced purchase and will operate COG on an ongoing basis as its executive management team and board of directors.

[oski]

0.006-0.0063

[oski]

0.0064-0.0065

[oski]

Arete Industries, Inc. Brings Key Professional and Industry Expertise into its Oil and Gas Subsidiary
Jun 9, 2005 3:00:00 PM
Copyright Business Wire 2005
NIWOT, Colo.--(BUSINESS WIRE)--June 9, 2005--

Colorado Oil and Gas, Inc. Appoints Three New Directors
and Three Oil and Gas Industry and Financial Consultants to its
Management Team
Arete Industries, Inc. (OTCBB: ARET) announced today that its subsidiary, Colorado Oil and Gas, Inc. (COG), has appointed three new outside directors, and appointed two oil and gas industry professionals and a CPA with oil and gas, securities and tax expertise, as professional advisors and consultants to drive its new oil and gas acquisition and development project in Eastern Colorado. Arete also announced acquiring an additional equity interest in its Colorado Oil and Gas, Inc. subsidiary, bringing its total interest to 85%.

William Stewart, Arete director and Colorado Oil and Gas, Inc.`s Chairman and President, stated today that he was pleased to announce the appointment of Messrs. Charles R. Davis, Donald R. O`Connor, and Stanley J. Phillips as independent directors of the Company; and that Messrs. Gerald F. Dickinson, Consulting Petroleum Engineer, Joseph L. Sweeney, Independent Consulting Geologist, and Donald W. Prosser, CPA have also been appointed as professional advisors to the Company. Further, John R. Herzog resigned from the subsidiary`s Board of Directors, leaving a five-man board with three independent directors. Mr. Herzog will remain with the subsidiary company serving as Senior Vice President and Company Secretary. "The addition of these individuals with special oil and gas industry and financial accounting expertise to our board and as advisors is imperative for our success as a new oil and gas company as we move forward our initiative to acquire and develop profitable oil and gas projects," Mr. Stewart stated.

Mr. Davis, with over 25 years` experience in oil and gas drilling and operations, is owner of DNR Oil and Gas Company.

Mr. O`Connor, who will serve as the Company`s Financial Expert and Audit Committee Chairman, is a licensed CPA who comes from the Commercial Real Estate development business, and will bring financial acquisition and project development expertise to the Company`s board of directors.

Mr. Phillips, an oil and gas attorney and landman with extensive experience in oil and gas operations, mineral title and lease evaluation, and property acquisition and divestiture project, will round out the collective oil and gas and project development expertise on the board.

Mr. Dickinson is a Consulting Petroleum Engineer with over 23 years of oil and gas industry experience. He will provide economic evaluations and reserve estimates for the Company`s current and future oil and gas acquisition and development operations.

Mr. Sweeney, with over 23 years` experience as an Independent Petroleum Geologist in numerous Rocky Mountain, Mid-Continent and other major U.S. oil-producing regions, has a strong entrepreneurial bent and, as a deal evaluator and prospect generator, will assist the Company develop the current project and help the Company make future strategic acquisition and development decisions.

Mr. Prosser, who also serves as outside director and Financial Expert of the Arete Board of Directors and chairman of its Audit Committee, will provide critical corporate finance, oil and gas accounting and deal structuring input to the Company as it executes its roll out as an independent oil and gas producer.

As announced on May 23, 2005, Colorado Oil and Gas has agreed to purchase thirteen producing oil and gas wells with in-fill development potential for up to 5 additional wells, including one re-completion in a new producing zone of an existing well, located in 9 different producing oil and gas fields and in various producing horizons of Colorado`s DJ basin and the northern end of the Hugoton Embayment located across the eastern half of Colorado. The Company has set the Closing date to purchase the project at June 15, 2005, subject to a 15-day extension.

[oski]

Ab Morgen wirds spannend
0.0058-0.0059 1`163`475

[oski]

As announced on May 23, 2005, Colorado Oil and Gas has agreed to purchase thirteen producing oil and gas wells with in-fill development potential for up to 5 additional wells, including one re-completion in a new producing zone of an existing well, located in 9 different producing oil and gas fields and in various producing horizons of Colorado`s DJ basin and the northern end of the Hugoton Embayment located across the eastern half of Colorado. The Company has set the Closing date to purchase the project at June 15, 2005, subject to a 15-day extension.

[oski]

sehr schön die schatule füllt sich
0.0059-0.006 1`727`475

[oski]

0.0061-0.0062 3`131`625

[oski]

TOTAL

OIL TOTAL = JAN. Oil.... 1042 Barrels
FEB. Oil.... 1347 Barrels
MAR.Oil....1411 Barrels
TOTAL......3800 Barrels first 3 mo. 2005

GAS TOTAL = JAN. Gas...7039 MCF
FEB. Gas...5078 MCF
MAR.Gas...6072 MFC
TOTAL.......18,189 MFC first 3 mo.2005

So, 3800 Barrels first 3 mo. 2005 = 1260 barrels a Mo. X $53.75 per barrel =
$67,725.00 per Mo. Revenue

18,189 MFC first 3 mo.2005 = 6063 MFC a Mo. X $7.07 per MFC =
$42,865.41 per Mo. Revenue

****** $110,590.41 per Mo.Revenue *******

[oski]

0.0073-0.0074 plus 25%

[oski]

0.008 + 17% und noch keine news

[oski]

Newport Beach, CA - June 17, 2005 (Knobias-EventX) - Stocks in the news: EntertainMax Worldwide Incorporated (OTB: EMXC), World Golf League Incorporation (OTB: WGFL), iBIZ Technology, Corporation (OTB: IBZT), U.S. Microbics, Incorporated (OTB: BUGS), Arete Industries, Incorporated (OTB: ARET).

EntertainMax Worldwide Incorporated (OTB: EMXC) has seen 7.14% growth in there stock in Friday’s market. Gold Rush Realty Investments Inc., a company partly owned by eMax Holdings Corporation, forms new subsidiary Gold Rush Finance Corporation and announces the appointment of Michael Reynolds and Edgar Baillie to its Board of Directors. Gold Rush Realty Investments was formed to serve as a real estate investment and development holding company and is actively seeking to acquire and develop properties in the U.S. and Canada, in addition to marketing many innovative and quality building product lines and services for commercial and residential builders. Gold Rush Realty Investment, Inc. recently announced it intends to acquire a stock ownership in Reynolds World Investment Enterprises, LLC. in exchange for equity, to acquire various revenue streams generated from RWIE, LLC.`s core business, Foreign Currency Trading, and their soon-to-be-released, RealtySpider.com. For more information please visit www.emaxcorp.com

World Golf League Incorporation (OTB: WGFL) stock has fallen $0.0001 in today’s market. The World Golf League, Inc. announced today that it would team with several major corporations to promote the Million Dollar Shootout Reality Television Series. As part of the sponsorship packages being provided by the WGL, the sponsors will receive multiple exemptions to the field auditions for the 2006 MDSO. Sponsors will also have the opportunity to sponsor individual teams during the competition. Additionally, the MDSO will be cross promoted by the sponsors in its product advertising. The WGL expects to generate over $4,000,000 in sponsor revenue from the upcoming Million Dollar Shootout. “Our relationship with sponsors will be critical to the success of the Million Dollar Shootout,” said Mike Pagnano, CEO The WGL, Inc. “With national sponsors in place, the asset value of the MDSO for future seasons is substantially increased. We are very close to having the final MDSO package completed and will be announcing all of the details shortly,” Mr. Pagnano went on to say. The WGL markets a professional golf concept in the USA, which allows average golfers to play for substantial prize money in local and regional tournaments culminating with a PGA-style national event. The WGL is also the producer of the Million Dollar Shootout reality television series and has awarded over $1,000,000 in prize money to date. For more information please visit www.worldgolfleague.com

iBIZ Technology, Corporation (OTB: IBZT) stock has fallen in $0.0001 in today’s market. iBIZ Technology, Corp., through its wholly owned operating subsidiary, iBIZ, Inc., engages in the design, manufacture, and distribution of accessories for the Personal Digital Assistants (PDA) and handheld computer market, which are distributed through retail chain stores and e-commerce sites. The company also provides third-party hardware, software, and related supplies. The company has developed accessories for PDA devices, including keyboards, folding travel cradles, aluminum hard cases, AC re-chargers, car chargers, and 9-volt pocket chargers. iBIZ distributes its products to regional resellers, national distributors, and retail stores. For more information please visit www.ibizcorp.com

U.S. Microbics, Incorporated (OTB: BUGS) saw its stock surge 16.32% in Friday’s market. U.S. Microbics, Inc. announced Thursday that the U.S. Patent & Trademark Office has granted a new patent (#6,905,603 B2) based on its proprietary technology for the “Treatment of Contaminated Activated Charcoal.” The new invention relates to the treatment of carbon filtration systems and the use of micro-organisms for removal of contaminating hydrocarbons from such systems. The patent follows from successful field trials using the Bio-GAC(TM) and BAC(TM) systems specifically designed to support a proprietary blend of hydrocarbon-eating bacteria to extend and regenerate spent carbon from water treatment systems used by industry and its service vendors to meet regulatory agency discharge requirements. The Bio-GAC(TM) system was developed in response to industry demand for an economical alternative to periodic system shutdown and offsite regeneration of spent carbon elements estimated to cost carbon users $400MM per year. Not only is offsite regeneration expensive, it is time consuming, ties up cash resources in additional carbon inventory and loses up to 25% of the original carbon by volume in the conventional regeneration process. With the Bio-GAC(TM) system, not only is the process done on site, but costs for regeneration are typically 50% less than offsite regeneration, and nearly 100% of the carbon can be regenerated to near virgin carbon standards while simultaneously extending the useful life of in-service treatment systems, further reducing operation and maintenance costs. For more information please visit www.bugsatwork.com

Arete Industries, Incorporated (OTB: ARET) stock price increased 11.76% in Friday’s market. Arete Industries, Inc., a development stage company, pursues investments in the energy field. The company pursues to purchase oil and gas production projects, as well as interests in energy infrastructure, such as pipelines and distribution, alternative energy technologies, renewable energy, and recycling. It also focuses on management mentoring for emerging growth stage companies. Previously, the company was engaged in co-operative direct mail coupon advertising, including a franchised sales force and an in-house printing and direct mailing facility. It was also engaged in outdoor sporting goods business and a software development project to build an artificial intelligence system for automating educational systems. For more information please visit www.areteindustries.com

Friday: The major averages showed resilience in the face of oil prices hitting record highs, as this year`s first increase in consumer confidence helped underpin a floor of buying support that closed virtually every sector in positive territory... The S&P 500 finished above last year`s close for the first time since March 8 and the Dow finished at its best levels since March 18 while the Nasdaq, which only eked out a slim gain, was still up 1.3% for the week.

[oski]

0.009-0.0091 plus 32%

[oski]

0.0095-0.0097 plus 42%

[oski]

0.0116-0.0117 plus47%

[oski]

0.0116-0.0117 plus 72%

[oski]

0.0172 plus 72%

[oski]

0.018 plus 80%

[oski]

0.0196 plus 95% und so weiter und sofort hoffe einige sind auch dabei

[oski]

sehr schön 0.0195-0.0197 raufgetaxt fallen morgen die 0.02?
wie ich sehe bin ich der einzige hier im board der investiert ist oder?

[oski]

[posting]16.702.110 von oski am 24.05.05 17:12:43[/posting]ziel erreicht 0.02$

[oski]

das wird bald ein TB 0.021

[oski]

Press Release Source: Arete Industries, Inc.


Arete Industries, Inc. Subsidiary to Acquire a Pool of Small Producing Oil and Gas Interests
Friday June 24, 6:06 pm ET
Colorado Oil and Gas, Inc. Buys Mineral Interests and Overriding Royalty Interests in Colorado, Texas, Oklahoma and Wyoming


NIWOT, Colo.--(BUSINESS WIRE)--June 24, 2005--Arete Industries, Inc. (OTCBB:ARET - News) announced today that its subsidiary, Colorado Oil and Gas, Inc. (COG), agreed today to purchase a pool of minor mineral interests and with producing wells operated by third parties in Colorado, Texas, Oklahoma and Wyoming from a company owned by the subsidiary`s president. The purchase follows the Company`s plan to buy small producing assets to provide asset value and cash flow to support further acquisition activities.
The purchase will be in the form of an assignment of these interests to COG for a price of $200,000 in the form of a secured promissory note in that amount with interest only payable monthly and a 12 month balloon payment. The effective date will be July 1, 2005.

The purchase was not at arm`s length, and the mineral interests will be appraised by a third party petroleum engineer. Following receipt of the appraisal, the purchase price will be adjusted upward or downward, to a minimum of $150,000 and a maximum of $250,000. If the appraisal is less than $150,000, COG may reject the purchase, and if greater than $250,000, the price will not be adjusted above that amount. The mineral interests currently generate approximately $1,900 of income per month.

[oski]

denkt daran am 30.06.05 ist DEADLINE,ist wie roulette schwarz oder rot, ich bin wieder dabei
NUR FÜR HARDZOCKER

[oski]

Arete Industries, Inc. Subsidiary Extends Purchase Agreement to Complete Deal to Buy Producing Oil and Gas Properties
Jul 1, 2005 8:30:00 AM
Copyright Business Wire 2005
NIWOT, Colo.--(BUSINESS WIRE)--July 1, 2005--

Colorado Oil and Gas, Inc. Gains 31 Day Extension to
Complete its Acquisition of 13 Producing Wells
and 5 Development Wells in Colorado
Arete Industries, Inc. (OTCBB:ARET) announced today that its subsidiary, Colorado Oil and Gas, Inc. (COG), signed an agreement to gain a non-exclusive 31 day extension to its Purchase Agreement signed on May 16, 2005, previously announced on May 24, 2005. The Subsidiary will have until July 31, 2005, to complete its funding and close its acquisition of 13 producing oil and gas properties and 5 development prospects in Colorado. The extension agreement requires a non-refundable deposit of cash and 200,000 additional shares of common stock of the Subsidiary valued at $1.00 per share raising the total purchase price to $2,850,000. During the extension period, Colorado Oil and Gas, Inc. will have the first right of refusal to match any bona-fide third-party offer received by the Seller for the Properties. COG is currently pursuing private equity and debt financing to complete the Purchase.

Bill Stewart, President and CEO of Colorado Oil and Gas, Inc. stated, "We are dedicated to successfully completing the purchase and closing this transaction by the extension deadline. The due diligence process is now complete. The extension will allow us additional time to pursue the financing of this Project and we believe the additional consideration we are paying for the extension is more than justified by the value of the Project and what it means for the future of the Company and its shareholders."

About the Company

Arete Industries, Inc., a development stage company, is a publicly traded holding company with several subsidiaries. Its subsidiary, Colorado Oil and Gas, Inc. ("COG") was formed to pursue the acquisition of small producing oil and gas properties and mineral interests, as an entry strategy to developing into a full size oil and gas company. The Company has one other subsidiary, Aggression Sports, Inc. dba Arete Outdoors, an outdoor sports equipment company that has been inactive since 2001. Recently, the Company determined to restructure and re-activate its Aggression Sports subsidiary under a new business plan currently being developed by the Company`s President, Thomas P. Raabe. The Company has also recently initiated a management restructuring and strategic planning process to develop a new business focus and continues to seek other business acquisitions.

Statement as to Forward-Looking Statements

Certain statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties not known or disclosed herein that could cause actual results to differ materially from those expressed herein. These statements may include projections and other "forward-looking statements" within the meaning of the federal securities laws. Any such projections or statements reflect Arete`s or COG`s current views about future events and financial performance. No assurances can be given that such events or performance will occur as projected and actual results may differ materially from those projected. Important factors that could cause the actual results to differ materially from those projected include, without limitation, COG`s inability to meet the conditions to acquiring its current project including providing financing to pay the purchase price; unexpected difficulties encountered in the investment market; the volatility in commodity prices for oil and gas, the presence or recoverability of estimated reserves, the ability to replace reserves, environmental risks, drilling and operating risks, exploration and development risks, competition, government regulation or other action, the ability of management to execute its plans to meet its goals and other risks inherent in their businesses that are detailed in their Securities and Exchange Commission ("SEC") filings.

Source: Arete Industries, Inc.

[oski]

Arete Industries, Inc. Sets Record Date for Dividend-Spin-off of Oil and Gas Subsidiary; Company Takes the First Step of its Restructure Strategy to Make Colorado Oil and Gas, Inc. an Independent Public Company
Jul 13, 2005 11:18:00 AM
Copyright Business Wire 2005
NIWOT, Colo.--(BUSINESS WIRE)--July 13, 2005--

Arete Industries, Inc. (OTCBB:ARET) today declared a stock dividend of a portion of its holdings in its Colorado Oil and Gas, Inc. (COG) subsidiary as the first step to its Restructure Strategy. The Board of Directors met on July 12, 2005, with the members of its Restructure Strategy Committee to take action on its recommendations, setting September 2, 2005, as the record date for the stock dividend. The dividend spin-off is the first step in the Company`s proposed restructuring plan announced on June 29, 2005.

Bill Stewart, the CEO, President and a Director of COG, and an officer and director of Arete, laid out its funding, development, and long-term business plan to the Company`s Board of Directors. As part of the plan it was determined that COG is ready to take the next step toward becoming a fully independent, operating oil and gas company by separating from its parent company. The Board evaluated the Committee`s recommendations, considered the rules regarding spin-offs, and determined that COG was qualified to be spun-off at this time.

Under this first phase of its Restructuring Plan, Arete Industries, Inc. will retain five percent of its 850,000 common shares of COG and the remaining shares would be distributed to the Arete shareholders holding shares as of the Record Date, on a pro rata basis. Final details of the spin-off dividend plan will be forthcoming in the next few weeks. Preliminarily, depending on several factors including the number of shares outstanding on the Record Date, Arete shareholders will receive one share of COG for approximately every 300 shares of Arete Industries, Inc. they own as of the Record Date. The board has declared the dividend and set the September 2, 2005, Record Date to allow for timely preparation of required disclosures and performing procedures necessary to complete the dividend spin-off in accordance with state and federal regulations. The dividend spin-off is not contingent upon COG closing its proposed purchase of the 13 Well Project, but will require certain governmental filings and approvals. Under the first step of the Plan, COG will be required to distribute certain information to the Arete shareholders that are qualified to receive the COG shares in the dividend. After the spin-off COG will file a registration statement covering the shares being distributed in the dividend and as required under its current proposed financing. COG expects to file the registration statement with the SEC in the fourth quarter of 2005.

Charles Gamber, interim CEO and Director of the Company, stated that: "The Committee has done a great job bringing forth this first stage of our Restructuring Plan. We will now direct our focus toward developing a sustainable business plan for the Company in its own right, finishing our launch of COG and determining the future of our Aggression Sports, subsidiary. We have great expectations for our next phase which we hope to be complete and ready for full board review within the next two weeks."