Last year the CEO of GE (Canada)Division was being interviewed and said they were going to enter the Gas and Oil market in a big way but wanted only green technology. They had set funds aside for R&D development and acquisitions. At the time all I could think of was Gasfrac being a perfect fit. I later found out that they were trying CO2 in many tests. This past summer I read that the CO2 was an epic failure for them. Wonder if they are watching GF today or actually one of the 8 companies involved. STAY TUNED..... same bat channel, same bat time.....
In business dealings with Americans I have found the northern states to to more acceptant to Canadian products. Most of my sales go to NY, PA, OH, MI and WI. Take Tim Hortons or Couche-Tard(owns many US gas stations) they do all their business in the northern parts and had to close many southern stores. These large corps could not figure it out, so me, you and GF will not either. Maybe we are more like minded living so close(I don't know). I'm sure GF will be partnering with the right people now.
Google: Waterless fracking comes to Tuscarawas County
It sure is being talked about.
One of the likely partners is EV Energy Partners, which is drilling a test well in Clay Township near Port Washington with eight other companies. That well is being fractured with liquid butane and mineral oil.
According to EV Energy, the well could begin production in December.
“We’re excited but cautious as we are bringing new technology to bear in this process,” company President and CEO Mark Houser said. “We are in the middle of the completion operations and have completed five of the 20 (fracking) stages so far."
The use of water in fracking has been controversial. In 2012, environmental groups protested plans by the Muskingum Watershed Conservancy District to sell water from its lakes to energy companies. The MWCD has since sold water from several of its lakes, including Clendening and Piedmont.
“As an industry, we’re always looking at ways to reuse, recycle and reduce dependency on fresh water,” said Shawn Bennett, senior vice president of the Ohio Oil and Gas Association.
GasFrac’s technology could also help energy companies “unlock the potential of the oil window,” Bennett said. Producers have had a difficult time producing oil in the Utica play economically.
donotbedecietful is 100% DECEITFUL. Your quote dose NOT show up in the transcript. My copy and paste is what they said and you know it.
Can you read? This is from the second quarter results.
"Revenue for the second quarter decreased 76.1% to $7.3 million from $30.6 million in the second quarter of 2013. This
decrease is primarily due to postponements or cancelations of projects with our major customers as well as some of our
Canadian customers supplying their own LPG.
During the quarter, the Company earned revenues from four customers with the top three customers representing 99.3% of
the total revenue. During the second quarter of 2013, the Company earned revenues from six customers with the top three
customers representing 97% of the total revenue."
VERY VERY clear to me. They did no work for them, what R U trying to say. Your quote from above does not even show up as your posted it. I see you have changed a few words to fit your needs.
You better get out of the stock market and get into sure things like drugs or prostitution. Your messages are getting long on the tooth and meandering mindlessly about. Please do tell your upcoming trades so we can follow.
Now is the time to make some some serious money. One PR from GF and you could double your $$. Bash my statement now if you want(don't care) but mark my words(post) for later.
It was a consortium to short the the stock and make longs sell at deep discounts. Shorts will have to cover and the old longs will return with only enough to buy half their original shares. From the action I seen over the last couple days on the TSX I think it is J.P. Morgan doing the shorting. Not everyone can short a stock at these price levels but just as in the US there is special rules for large players. If you think about it, it was the perfect storm for them to drop the price and still go long after the bloodbath. The company has assist with equipment, they are getting busy and hiring, breaking into a new territory in Ohio. The time to short was now with them having another bad quarter, having to get financial extention and board saying they are looking at alternatives.
The second last and very last caller did not have their own question but waited in line to ask the third last callers question, that hadn't been asked yet. So the were all a team....don't lose your shares
I've been following this battle in NB. The new Premier(sept) banned fracking when he was elected. Corridor was utilizing GF this summer and asked for an exemption for this method. The "baby" Premier didn't know there was any difference between water and Gas fracking. So now, I hear he has been schooled on the difference and has been waffling on what to do. The new problem is the CEO of Corridor wants the ban lifted on both methods and says they are both "safe". The Corridor CEO has now confused the matter because he got greedy and gets none for now. The issue is far from dead as reports come out weekly about the matter. NB needs their OG badly as it a very depressed area. Corridor is more than happy to utilize GF and we could hear something on this anyday.
Google: Corridor Resources isn't giving up on shale gas in New Brunswick
Jason, said they were ahead of schedule and looked forward to early December. I believe many OG companies are involved and ready to pounce on this.
GasFrac did not disclose its partners on the test well, but one of the companies appears to be EV Energy Partners LP (NASDAQ:EVEP). Its chairman said last week that the Houston company has partnered with eight other companies on a test well in Tuscarawas County.
Production should begin in December.
"This is a test of what could be EnerVest and EVEP's most valuable asset in the Utica," executive chairman John Walker told stock analysts.
Google: Waterless fracking getting trial run at Utica well in Ohio
MAX PAIN is great for trading. Sounds to me they have more work scheduled than in the past with multiple drillers and locations. Like to see it back to $1 real soon.
to get posts removed, everyday. Also, check usernames as they all have been created within this 9 month pump period, from the same guy. GOOD LUCK investing here because there is nothing here.....