H o t _S t o c k for attention.
ENERGY FINDERS INC (EGYF)
A U.S.-based company dedicated to the goal of being a
in the exploration and production of oil and natural
Current Price: 1.35
10 Days Ago: 0.45
This St0ck start from 0.45 ten days ago and n0w jump
to 1.35!! 200% up.
Will it still Go Higher? Does it Sound New and
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Why consider ENERGY FINDERS INC (EGYF)? Seee n0wadays
Crude oil prices remained in record territory after
soaring to new
highs Friday past $66 a barrel as reports of new U.S.
refinery outages rekindled fears that
gasoline supplies in the world's biggest consumer
would struggle to meet rising demand.
A spate of refinery glitches, an unusually active
hurricane season in
the U.S. and concerns over Iran's decision to resume
uranium conversion activities weighed
heavily on people's minds, pushing prices upward,
With bullish sentiment unabated and crude prices
highs this weeek, analysts expect front-month crude
contracts to test the $70 a barrel
Analysts said gasoline demand, currently at its peak
in the U.S. summer
driving season, was pushing crude's gains. Last week,
U.S. gasoline demand picked up by 1.4
percent from a year ago, according to government data.
"People fear there won't be enough gasoline at a time
when it's so
greatly demanded, so they're just buying, buying and
buying," said Tetsu Emori, chief
commodities strategist at Mitsui Bussan Futures in
Oil prices are almost 50 percent higher than a year
ago, but they would
need to surpass $90 a barrel to exceed the
inflation-adjusted peak set in 1980. Stocks have
built rapidly in the first half of 2005, despite $60
oil, but clearly, the market verdict
remains more inventories are needed until investment
responses catch up and demand
patterns are clearer.
Breaking News for ENERGY FINDERS INC!!
Energy Finders, Inc., a Florida corporation, is
pleased to announce
that it has entered into negotiations for the
acquisition of an oil and gas property located in
southwest Texas. The project is identified as the
Mega-West Project and is located west of
San Antonio, Texas.
The initial block of oil and gas leases will consist
Preliminary geological information identifies numerous
drilling locations for further development of this
acreage. The corporation is in its
diligence phase and if it proves to be favorable, will
attempt to complete the acquisition of
this property and begin operations and development as
soon as possible.
About the Company
Energy Finders, Inc. is a U.S.-based company
dedicated to the goal of
being a large independent in the exploration and
production of oil and natural gas.
The company's mission is to create value for our
shareholders by applying strong technical
expertise to strategies that will unlock substantial
oil and gas resources in areas where
production can be achieved quickly and efficiently.
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