Our STOCK PICK IS.................
BERI TARGET 15-30 dollars. This has the potential to be the next NTEK/TDEY runner. Company is ready for rapid growth and to generate rapid income which will position them for an easy up-list to NASDAQ
Contact Info
5858 Blackshire Path
Suite 101
Inver Grove Heights, MN 55076
Website: http://www.blueearthresources.
Phone: 952-838-3838
Email: info@blueearthresources.com
BERI Security Details
Share Structure
Market Value1 $5,079,284 a/o Nov 01, 2013
Shares Outstanding 2,987,814 a/o Aug 31, 2013
Float 222,268 a/o Aug 31, 2013
Authorized Shares 200,000,000 a/o Aug 31, 2013
Par Value 0.004
Business Description
Blue Earth Resources, Inc., through its wholly owned subsidiary PetroResources, Inc., is an independent oil and gas company engaged in the acquisition, development and production of oil and natural gas reserves.
The Company seeks to deliver strong shareholder returns through an effective exploration and development program that incorporates sound business practices with the strong experience of our management team. The goal is to steadily increase proven reserves of oil and natural gas ? which, in turn, will lead to enhanced cash flows and earnings per share.
In April 2008, CamVacUSA acquired the intellectual property for the fuel‐safe camera integrated into an extraction hose that would be used to visually inspect and clean underground fuel storage tanks (UST, typically a 4" access port) of contaminants, while cleaning the fuel and returning good fuel to the tank.
The Spider Lease consist of 3 different leases that when in full production will generate several millions per month in revenue for the company. The company plans to move to the NASDAQ after reformatting the existing Wells with an already successfully track history. One of the most successful leases was producing over $750K per months in Oil production. There is Oil, Gas and Water that can be extracted from the leases.
In April 2008, CamVacUSA acquired the intellectual property for the fuel‐safe camera integrated into an extraction hose that would be used to visually inspect and clean underground fuel storage tanks (UST, typically a 4" access port) of contaminants, while cleaning the fuel and returning good fuel to the tank.
There is 3 leases on the property and over 14,000 wells already drilled for oil, gas and water that are still producible. There are several still producing right now.
The Spider field Lease, one of the oldest and most prolific oil fields in the United States. Oil was first discovered in Desoto Parish around the year 1900, and rapid wildcatting quickly ensued. Oil and gas literally seeped all the way to the surface of the ground in many locations, indicating the presence of hydrocarbons below. The Desoto Parish area was a bonanza in the early days of the oil business, with some wells coming in at tens of thousands of barrels per day. By the 1950's, tens of thousands of oil and gas wells had been drilled in the area, some just a few feet away from other wells.
Henderson lease with a combined lease of 998 acres. Most of the oil produced is high gravity, All crude is presently sold on the spot market at prevailing market prices at the time of sale and the Company has no long-term sales contracts or pricing obligations. The combined 998 acre lease has produced over $ 10 million dollars of oil and gas sales in the last 8 years under bad supervision and funding.
Hunter Mannies lease of 108 acres attached to the property I am getting the info for now.
As far as numbers, BERI is looking to infuse a few hundred grand into the company to get the existing drills back online and to drill a few a little deeper. With the profits from the production of those wells they intend to stretch the wells that have been closed in down deeper than ever before.
There is right now an untapped and abundant source of Natural Gas that has yet to be tapped into that with a minor funding will take root into the BERI profitability.
KEY POINTS:
-Untapped Natural Gas well yet to be tapped.
-BERI is OTC current information.
-BERI has plans to up-list to NASDAQ.
-3 oil leases with over 14,000 wells already drilled for oil, gas and water.
-Company is poised for rapid income generation.
-Company owns CamVacUSA which acquired the intellectual property for the fuel‐safe camera to visually inspect and clean underground fuel storage tanks.
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