PTOG – More News Out This Morning + $0.78 Price Target!!!

Recommended Stock Newsletters
 
#1. PennyStockWarfare
#2. Nova Stocks
#3. Penny Stock Finder

PennyStockGeneral Newsletter

Traders,   Wow. Even I didn`t expect this.   Some exciting news on PTOG has been announced on two fronts this morning.   First, the Company just announced this morning they have entered into a contract to purchase 8 producing wells in Navarro County, Texas.   =>> PTOG to purchase 8 producing wells that are producing 180 barrels per month <<=   And a brand new research report giving PTOG a $0.78 price target…   The leader in small cap company research, Goldman Research have given PTOG a speculative buy rating with a $0.78 price target.   Yesterday`s closing price was just $0.099.   Can we really see 688% gain in PTOG I don`t know, but even if we only get a fraction of the way there, that`s a very nice gain indeed.   ==> Take a Closer Look at Goldman`s Research on PTOG <==

  So as you can see, TWO huge news events this morning could really see PTOG light up.   Make sure you`re paying attention!!!   PSG   >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

    Traders,   Check this out, I have found the perfect trade for today…

 

PetroTech Oil & Gas, Inc (PTOG)

 

PTOG has been trading along it`s chart bottom for the past couple of weeks. It has extremely strong support at current levels, getting bought at every dip.  

We are very bullish on PTOG, take a look at the multi-day chart and our analysis below.   PTOG undoubtedly has significant multi-week support at $0.08, just below today`s closing of around $0.10. This gives us another great low risk opportunity.

  If our primary target of $0.18 is realized (and there is no reason why it cannot be), it would represent an 80% gain over Thursday`s closing price.

 

    And the possibility for gains looks even better when we consider the very big news just released by PTOG

  PetroTech Oil and Gas, Inc (PTOG) enters into a Joint Venture with Pangean Energy on a 16,000 Acre Lease in North Dakota

BEDFORD, Texas, June 13, 2013 /PRNewswire/ – PetroTech Oil and Gas, Inc. (OTC Pink: PTOG), announced today that PetroTech Oil and Gas Inc. and Pangean Energy LLC through a joint Venture have entered into a contract to purchase mineral interests in Leases in North Dakota, Bakken Shale Formations the leases consist of 16,000 acres under lease, with an additional 14,000 acres under option.

"The acquisition price is $28,800,000.00 to be paid through a combination of cash, stock and interest in the development of the wells; (which have no depth restrictions and include several other potential zones). The transaction is subject to final due diligence by the purchaser and legal title opinions," said Eddie Schilb, president of PetroTech (PTOG).

 

This appears to be game changing news for PTOG . This is a substantial Joint Venture that has the potential to bring substantial revenues to the Company.

   

PTOG is an innovative oil and gas company that employs a proprietary Enhanced Oil Recovery (EOR) strategy to derive immediate revenues for existing reserves that have been left in the ground.   Using patented technologies for EOR, the Company identifies opportunities to extract reserves from qualifying oil reservoirs in the United States.  

And throughout the US, there are primary depleted oil reservoirs representing billions of barrels of oil that could be explored and extracted using PTOG`s EOR technology.

 

The deployment of these new and innovative technologies allow PTOG to bring back to production previously producing wells and recognize near term cash flow – which in turn is used to fund the development of additional properties.   And PTOG is well diversified.   They are also a construction and heavy equipment company, giving them the ability to provide services to third party projects for State and Independent Oil Companies such as Work Over, Treating, Installation of production equipment and Plugging of abandoned well.   PTOG targets small and large overlooked oil reservoirs where they have the ability to maximize oil production and recoveries, while minimizing the injection time frame and capital investment.   Based on their own models, PTOG believes the payout on any given project will be between 6 to 12 months, with an IRR exceeding 300% during the initial three year production period.   ==> Learn more about PTOG`s exciting technologies and business model <==

 

We think PTOG is poised to deliver significant gains in the near term. With a bottomed out chart, and huge news recently released, a bounce in the pps is a strong possibility.

  The Team PennyStockGeneral.com    

Click Below to Join Our Social Media Networks

       

Normal 0

false false false

EN-AU X-NONE X-NONE

————————————————————————————- DISCLAIMER —————————————————————————————

Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.

Full disclaimer can be read at http://pennystockgeneral.com/disclaimer-2/

Pennystockgeneral.com employees are not registered as an Investment Adviser in any jurisdiction whatsoever.

The disclaimer is to be read and fully understood before using our site, or joining our email list.

None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein.  Instead pennystockgeneral.com strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Pennystockgeneral.com does not offer such advice or analysis, and pennystockgeneral.com further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries and extremely high degree of risk. It is possible that an investor`s investment may be lost or impaired due to the speculative nature of the companies profiled.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be "forward looking statements". Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as "projects", "foresee", "expects", "will", "anticipates", "estimates", "believes", "understands", or that by statements indicating certain actions "may", "could", or "might" occur. Understand there is no guarantee past performance will be indicative of future results.

In preparing this publication, pennystockgeneral.com has relied upon information supplied by its customers, and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The advertisements in this website are believed to be reliable, however, pennystockgeneral.com and its owners, affiliates, subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. Pennystockgeneral.com is not responsible for any claims made by the companies advertised herein.

Pennystockgeneral.com may receive compensation and its employees and affiliates may own stock that they have purchased in the open market either prior, during, or after the release of the companies profile which is an inherent conflict of interest in pennystockgeneral.com statements and opinions and such statements and opinions cannot be considered independent. Pennystockgeneral.com and its management may benefit from any increase in the share price of the profiled companies and hold the right to sell the shares bought at any given time including shortly after the release of the companies profile. PSG has been compensated two thousand dollars by Cream Consulting for this one day profile of PTOG.

Pennystockgeneral.com may on occasion accept compensation in free-trading shares for it`s marketing services of the company being profiled, and the third party that might have compensated pennystockgeneral.com may hold free-trading shares of the company being profiled and could very well be selling shares of the companies stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.  If Pennystockgeneral.com ever accepts compensation in the form of free trading shares of the company being profiled and decides to sell these shares into the public market at any time before, during, or after the release of the companies profile our disclaimer will be updated accordingly reflecting the current position of those free trading shares received as compensation for our services.

/* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin-top:0cm; mso-para-margin-right:0cm; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0cm; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;}

244 5th Ave, New York, NY 10001

 

Related posts:

  1. * PTOG * This Super Tiny Float Oil Alert Could Be The Market’s Biggest Mover Tomorrow (Find Out Why Inside)
  2. PTOG is a must watch today! Read this report before the open.
  3. Proven Patented Technology with a Super Low Float *PTOG*
  4. PTOG is Our Bottom Runner Play for Friday
  5. PTOG has an initial 80% upside target
This entry was posted in Stock Newsletters and tagged . Bookmark the permalink.

Comments are closed.