Member Info for Fadec92

Not being accurate as it went lower than 0.38…if it did go to that price and come up off it then that would show that the area has good support not sure why it would be a “tell tell” sign! ..if it did break that support then it could go lower and that would be a bad sign, but it hasn’t yet…

Not understanding the issues causes a lot of issues but also a lot of opportunities as perceptions change, lost about 5 years investment into oil and gas, who dosnt want to be more greener or live a more sustainable life, but unfortunately Energy policy’s have not been there, but how does that effect here, well there’s more pressure to create oil and gas projects and the more cost effective and greener is definitely better, having a big untouched attainable resource helps plus where we are just to the west of Vernal is a place where you wouldn’t have the issues of local residents being around for permitting but close enough to have good train/roads links to have the benefits of the city next door, we’ve already been told 20b barrels resource and a local and state wide support for the developments and also tax credits because it will create jobs in Vernal, also have the technology to process Oilsands and the bi-product is clean sand that can be sold close and remediate the surrounding land, that’s all that is needed is for someone to believe and stick their hand into their pocket.

Classic trolling Stan

0.75p conversion price on notes

You would expect for an update as what’s happening now this is big as the slides points to the Heavy oil that will be produced is the oil that 70% of all world oil uses, using techniques that are currently used so no risk to the financiers along with surface operations which will have even better returns for capital invested, no wonder they have an interested party also with Steven Byle it’s just going to get bigger and better, the transport links will be there, the market is healthy and most importantly the oil and gas board looks to be fully behind their plans.

He’s using all the technology/techniques to extract as much as possible of that 20b barrels, it sounds as if they had to change the rules around classification of crude oil to be able to use the full bag of tech he is planning to use, once the oil and gas board motioned the change, now they can permit the wells, you can see the director of oil and gas Baza sitting next to them and presenting the Jv to the Utah board, they even had a Utah petroleum association sending in a letter fully supporting the idea, this is how it all starts people.

Torreaguas did you see the bit where Steven talked about they have 20billion barrels and this is maybe the last place opportunity as other places around the world depleted and biggest known resource in the USA

Yes that’s the presentation and here’s the motion Carrie’s…

https://youtu.be/nOTlrqtqGTA

https://imgur.com/a/vDoRMNm

Motion carries is unanimous by the board

Fitzy I’m hearing they have a plan in place, but nothing could be motioned because the board had to recommend the Viston deal, now that is settled for what ever reason potential financing can go forward, remember they have 4 license deals in place and a LOI on another 2 in Iraq and Libya.

TomCo holders… news Steven Byle and Greenfield have had the go ahead from Utah oil and gas commission for the production plan using the in-situ techniques in Utah and their acreage

Here’s the moving averages on the chart

https://twitter.com/fadec92/status/1563428618097016833?s=21&t=kyiskbTmZ48llbjLV6SWMQ

https://www.defenseworld.net/2022/08/26/tomco-energy-lontom-shares-pass-above-two-hundred-day-moving-average-of-0-50.html

Moved up off the 200ma on a backtest of the breakout.

50 day moving average crosses 100 day moving average (golden cross)

https://twitter.com/fadec92/status/1563147998330179591?s=21&t=kyiskbTmZ48llbjLV6SWMQ

How Do I Identify a Golden Cross on a Chart

The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside and is interpreted by analysts and traders as signaling a definitive upward turn in a market. Some analysts define it as a crossover of the 100-day moving average by the 50-day moving average; others define it as the crossover of the 200-day average by the 50-day average. Basically, the short-term average trends up faster than the long-term average, until they cross.

https://www.investopedia.com/terms/g/goldencross.asp

https://ir.petroteq.com/news-presentations/press-releases/detail/444/cfius-rejects-joint-voluntary-notice-concerning-viston

PROPERTY DESCRIPTION

The Asphalt Ridge property consists of fee simple land divided into two tracts, the South A Tract and the D Tract as illustrated on Figure 2.1. Table 2.1 describes land currently controlled by TSH2.

Note that TSH2 owns just the surface rights in the SW/4 of Section 32, T4S, R21E. Stated differently, TSH2 owns rights to the bituminous sands on 600 acres, 320 acres on the D Tract and 280 acres on the South A Tract.

These lands are known to be underlain by bitumen saturated rock units (primarily sandstone). Laramie Energy Technology Center (LETC), Department of Energy, completed three in-situ oil recovery field experiments in bituminous sand on the D Tract, whereas surface mining of the tar sands has taken place on the South A Tract by Uintah County and others.

Private land as owner had leases along with a large mining permit on tract A

Great for Tomco Federal leasing back on for Oilsands in Utah after Biden block.

https://www.zerohedge.com/political/judge-permanently-blocks-biden-oil-and-gas-leasing-pause-13-states

Looking good for next week then on a rise at end of play, usually a continuation!

Have you heard of a rise on possible news before Mitch, could be funding news or any news on operations at Asphalt Ridge, you must be aware of rises before news surely?

Zac thinks also there a serious rise to come.