AXP - AXP Energy

The St Gabriel 1 well (Verus - 7.45% Net Royalty Interest) has an estimated most likely recoverable oil and gas resource as follows:
• 27.3 billion cubic feet (BCF) of potentially recoverable gas; and
• 3,600,000 barrels of potential recoverable oil.
A spud date for the St Gabriel 1 well will be made shortly.

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The St. Gabriel 1 prospect has a potential recoverble resource range from a low case of 1.82 million barrels of oil and 13.6 billion cubic feet of gas to a high case of 5 million barrels of oil and 36 billion cubic feet of gas based on independent geological assessment.

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yogi-in-oz said:

Hi folks,

AKK ..... another Aussie oiler in USA, so here's our
astroanalysis for the remainder of 2006:

21072006 ..... minor cycle here

25-26072006 ..... new moon and 3 time cycles should
focus positive spotlight on AKK ...

11-15082006 ..... 2 significant and positive cycles here.

21082006 ..... minor ... intraday.

25-28082006 ..... minor

29082006 ..... minor

08092006 ..... minor ... finances???

12092006 ..... minor and positive

14092006 ..... minor and positive news???

26092006 ..... minor and positive

02102006 ..... minor and positive ... finances???

04102006 ..... significant and negative news???

*** 26102006 ..... 3 significant and negative cycles here ***

20112006 ..... significant and positive cycle - finance-related???

24-27112006 ..... significant and positive light on AKK

**04-12122006 ..... 3 positive cycles to bring an aggressive rally ??? ***

13122006 ..... minor ... finances???

22-27122006 ..... 2 time cycles - minor news???

January 2007 will likely bring 3 substantial negative time
cycles, so it will probably be around the March equinox 2007,
before we see another series of positive aspects for AKK.

happy trading

yogi

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jemma said:

Gee kransky I have not got a spare hour to type for you.

Read the last activities they are drilling 4 wells over the next 3 months with PEL 73 in 8-12 weeks the biggest for 800 million barrels at a 16.5% interest.

great management team.

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yogi-in-oz said:

Hi folks,

AKK ..... a quick tour ... nothing positive, until:

01032007 ... negative

20-21032007 ... 2 negative cycles

23-26032007 ... positive light on AKK

09042007 ... difficult aspect

12-16042007 ... 2 positive cycles here

23042007 ... negative light on AKK

27-30042007 ... negative news here???

happy days

paul


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wintermute said:

ALFGuy, I'm suspicious that AKK was being pumped and dumped... certainly based on the posts on another forum it seemed so. Looks to have potential, but my feeling was that it had run too hard to early and thought it could come crashing down.

JWBH the above running to hard too early on what might be discovered rather than because of actual discoveries, is IMO why it has been hit hard... add the fact that the St Gabrial 1 well is taking much longer than anticipated and I think that the high risk profile has got people exiting in this uncertain market.

It has been quite common recently for speculative stocks to have price rises that IMO are completely unjustified prior to them actually making any discoveries, people are buying at a price that might be reasonable if they succeed which doesn't factor any of the risk that they may not succeed into the price, which to me is just insane! Why buy something that if it succeeds should maintain the price you paid for it, with little upside, but if it fails will plummet in price????

Note if it drops down to around the 40c mark I might consider it

Tony.

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