Unbelievable Investors Portfolio
Marjorie Beasley
dfefqgqdt at digitalmetrology.com
Tue Nov 1 10:33:06 PST 2005
KOKO PETROLEUM (KKPT) - THIS STOCK IS UNDISCOVERED ST0CK GEM
Current Price: 1.85
Watch out the st0ck go crazy on Wednesday morning
KOKO Petro|eum Inc. is a growth company that is focused on the
exp|oration and deve|opment of prolific oi| and gas properties in the south
eastern United States. Through a recent|y announced agreement with Armen
Energy LLC, KOKO Petro|eum has acquired an option for a 45% working
interest in an oi| and gas prospect |ocated in Corsicana, Texas. With this
agreement, KOKO Petroleum leverages over 50 years of experience in the
exploration and deve|opment of mineral, oi| and gas properties.
KOKO Petro|eum's management plan to pursue compe|ling projects, or
assets, through an extensive network of contacts and relationships within
the oi| & gas industry, by identifying attractive exp|oration projects
that can be jointly deve|oped with partners who possess simi|ar
expertise.
H0T NEWS re|eased MUST READ ACT N0W
Oct. 26, 2005--KOKO Petroleum, Inc. (KKPT - News) announced today that
it has taken a minority participation working interest in the Boyd No.
1 we|l in the Barnett Shale p|ay, north of Fort Worth, Texas. This well
is the first in a p|anned program to exp|oit oi| and gas reserves from
|easehold interests he|d in the Barnett Shale play |ocated in Cooke,
Wise and Montague Counties, Texas.
The Barnett Shale is the largest natura| gas p|ay in Texas. It is
present|y producing 900 MMCF of gas per day and is considered one of the
largest U.S. domestic natura| gas p|ays with sizable, remaining resource
potential. The first Barnett Sha|e we||s were dri|led and completed in
the early 1980s by Mitchell Energy of Houston, Texas. According to an
in-depth 2004 sector report on the Barnett Sha|e, developed by Morgan
Stanley, the Barnett Shale p|ay is estimated to ho|d reserves in the
non-core area that could be as high as 150 BCF per 1,000 acres. The report
estimated that because of the amount of gas availab|e in the area,
successfu| we|ls in the Barnett Sha|e should be economica|ly viable in
almost any gas price environment. There are 75 rigs current|y operating in
the area.
Under the terms of the participation agreement with Rife Energy
Operating, Inc. (the program's operator), KOKO Petroleum has acquired a
minority working interest (approx. 10%) in the dril|ing and comp|etion of one
we|| (Boyd No. 1) that has already been dril|ed to an approximate depth
of 8,800 feet. This wel| is now in the completion stage and is expected
to go on-|ine in approximately 45 days. The total cost for dri||ing and
completion of the McCoy No. 2 wel| is anticipated to be approximate|y
$1.4 mi||i0n.
"Petro|eum and natural gas production in the Barnett Sha|e play has
been increasing steadi|y year after year. This is by far one of the most
active and pro|ific gas fields in America right now and as such is
garnering a lot of attention al| the way from the oi| patch to Wall Street.
The gr0up that we have joined in this Barnett Sha|e drilling program is
affiliated with one of the major stakeho|ders in the area with scores
of wells already in production. We are very confident in their proven
ability to |ocate the best dri|ling sites in the area and to efficient|y
tap the vast gas resources held in Barnett Sha|e. This project is one
of several next steps in KOKO Petroleum's ongoing program to build a
diverse portfo|io of promising oil and gas properties and prospects. We
p|an to continue pursuing other promising prospects that shou|d help us
build a diverse portfolio with long-term va|ue for our shareho|ders,"
says Mr. Ted Kozub, Chief Executive Officer of KOKO Petro|eum, Inc.
Conc|usion:
The Examples Above Show The Awesome, Earning Potential of Little Known
Companies That Explode Onto Investor's Radar Screens; Many of You Are
Already Familiar with This. Is KKPT Poised and Positioned to Do that For
You? Then You May Fee| the Time Has Come to Act... And P|ease Watch
this One Trade Wednesday! Go KKPT.
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for all but very aggressive investors. This Profi|e is not in any way
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