tag:blogger.com,1999:blog-14154958257598979362024-03-08T04:39:24.730-08:00prodigy oil and gasAnonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-1415495825759897936.post-9482286491855392032015-02-24T22:40:00.001-08:002015-02-24T22:42:43.577-08:00Inspring thema song for ICC World Cup 2015.<div dir="ltr" style="text-align: left;" trbidi="on">
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Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-33217564127027019622013-07-17T03:14:00.001-07:002013-07-17T03:20:09.139-07:00Prodigy Oil and Gas| Importance of Petroleum<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="font-family: "Constantia","serif"; font-size: 12.0pt; line-height: 115%;">Importance of Petroleum</span></div>
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<span style="font-family: "Constantia","serif"; font-size: 12.0pt; line-height: 115%;">Petroleum is crying needed thing in this time. We are
dependent to petroleum but only a few resources we have, where we find
petroleum. We know that it is a kind of fossil fuel. But it has another name,
which is called crude oil. Naturally, crude oil or petroleum are created by
millions year’s old dead animals and plants. Most of the time we found
petroleum resources under the sea, because there are tons of animals and trees
are growing under sea and they died here reasonably. These dead bodies and
plants aren’t touched by anyone ever and there are too much heat and pressure
under the sea beach. So, after millions of year they are changed to fossil
fuel. As it created by thousands year you can’t renew it again.</span></div>
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<br /></div>
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<span style="font-family: "Constantia","serif"; font-size: 12.0pt; line-height: 115%;">But the most astonishing news is these petroleum
resources are still live. Scientists say that most of the oil resources are
four hundred million years old where our world is four billion years old. They
also say that the dinosaurs are removed from the earth more than two hundred
and forty eight million years ago. Actually petroleum is a mixture of hydrogen
butanes and olefin that is a powerful material to make petroleum. </span></div>
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<span style="font-family: "Constantia","serif"; font-size: 12.0pt; line-height: 115%;">Petroleum is only when it is outside of ground level.
When it is outside of the ground level, it could be sized by anything.
Sometimes it is like water, sometimes tar etc. Scientist couldn’t say anything
about a hidden resource of petroleum that actually what it looks. It always varies
from place to place, time to time. Clear crude oils are defined by scientist as
a light crude oil. The other crude oils are so dark and solid.</span></div>
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<span style="font-family: "Constantia","serif"; font-size: 12.0pt; line-height: 115%;">So, that’s the importance of petroleum. Hope to share
with you more in future. You can also visit our slideshare page to know about <i><a href="http://www.slideshare.net/soaxicsophie/prodigy-oil-and-gas-about-the-company" target="_blank">prodigy oil and gas</a></i>. Thank you.</span></div>
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Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-64629288619186632512013-05-13T10:18:00.000-07:002013-05-16T04:26:04.263-07:00Prodigy Oil and Gas | US Land Drilling is Surging<div dir="ltr" style="text-align: left;" trbidi="on">
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<br />
<span style="font-size: 14.0pt;">Because of continuous fluctuations of share
market and increasing tax rate imposed by government, investors are now very
much interested to invest their capital in hard assets producing sectors like
<a href="http://prodigyoilandgas.blogspot.com/2013/05/prodigy-oil-and-gas.html" target="_blank">oil and gas drilling investments</a>. The US Energy Department has already declared
that the average production of crude and other liquid hydrocarbons will be 11.4
million barrels per day in 2013 whereas Saudi Arabia, largest oil producers in
the world, produces 11.6 million barrels per day. The rate is increasing day by
day mainly because of a surge in private land based drilling ventures.</span><br />
<span style="font-size: 14.0pt;"><br />
Many of these interested investors like to make partnership with small land
based drilling companies like <a href="http://prodigyoilandgas.blogspot.com/2013/05/those-who-invest-in-oil-and-gas.html" target="_blank"><b>Prodigy Oil and Gas</b></a>, located in Texas, because of
their lower drilling costs and more favorable tax redemption as compared to
large companies. In October, 2012- CBS news published an article regarding this
surge in producing oil. That article’s name was “U.S. may soon become world’s
top oil producer”.<span style="mso-spacerun: yes;"> </span>It looks like
inherent and experienced investors are gradually shifting to oil and gas
drilling investments in 2013. <br /><br />To know more, you can visit this<a href="http://www.lifewe.com/groups/prodigy-oil-and-gas-1903461401/" target="_blank"> <b>page</b></a>.<br />Find <a href="https://www.youtube.com/watch?v=vMlvGMNU1dQ" target="_blank"><b>Prodigy Oil and Gas on YouTube</b></a>.<br />Find <a href="https://www.facebook.com/prodigyoilandgas" target="_blank"><b>Prodigy Oil and Gas on Facebook</b></a>.<br />Find <a href="http://www.linkedin.com/pub/angela-bartholomae/47/a64/5b5" target="_blank"><b>Prodigy Oil and Gas on LinkedIn</b></a>.</span><!--[if gte mso 9]><xml>
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Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-79570986845238485362013-05-13T10:12:00.000-07:002013-05-16T04:51:26.707-07:00Prodigy Oil and Gas | Oil and the Environment<div dir="ltr" style="text-align: left;" trbidi="on">
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<br />
<div class="MsoNormal">
<span style="font-size: 14.0pt; line-height: 115%;">There are
various kinds of petroleum products like fertilizers, medicine etc. All these
petroleum products are continuously helping people all over the world. But
there are plenty of risks involved with the production and use of petroleum
production. Even tremendous environmental pollution can result in if <a href="http://prodigyoilandgas.blogspot.com/2013/04/oil-prices-rise-in-relation-to-global.html" target="_blank">petroleum products</a> are not handled properly. If drilling is not carefully
monitored, it will hamper ocean environments and fragile land. </span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="font-size: 14.0pt; line-height: 115%;">Moreover,
oil transportation should be made with huge precautions because if oil is
spilled into rivers or oceans, it will endanger wildlife. When we burn gasoline
to fuel our car, it also pollutes the air. In addition, the careless disposal
of motor oil drained from the motor car also pollutes rivers and streams.</span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="font-size: 14.0pt; line-height: 115%;">Because of
these threat, some drilling companies like <a href="http://prodigyoilandgas.blogspot.com/2013/04/normal-0-false-false-false-en-us-x-none.html" target="_blank"><b>Prodigy Oil and Gas</b></a>, work really
hard to keep the environment clean and healthy. These companies burn diesel
fuel and gasoline to burn more precisely and do everything they can to drill,
process, and transport oil and its products as safely as possible.<br /><br />To know more about this, visit our <a href="http://www.prodigyoilandgas.com/oil-and-gas-career.html" target="_blank">Prodigy Oil and Gas</a> site.<br />Find <a href="https://www.facebook.com/prodigyoilandgas" target="_blank"><b>Prodigy Oil and Gas on facebook</b></a></span><span style="font-size: 14.0pt; line-height: 115%;"><br />Find us on <a href="https://www.youtube.com/watch?v=vMlvGMNU1dQ" target="_blank"><b>Prodigy Oil and Gas on YouTube</b></a><br />Find us on <a href="http://www.linkedin.com/pub/angela-bartholomae/47/a64/5b5" target="_blank"><b>Prodigy Oil and Gas on LinkedIn</b></a></span></div>
</div>
Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-86742789690974705002013-05-12T06:47:00.005-07:002013-05-12T06:57:18.244-07:00Prodigy Oil and Gas| How to capitalize on rising fuel costs?<b>Prodigy Oil and Gas<br /><br />How to capitalize on rising fuel costs?</b><br />
Natural gas prices rose 3.6% for the front-month contract March 14th
2013 in the NY futures market and crude rose 0.6%. This was caused by a
rapid decline in US natural gas storage levels. With uncertainty in
the world <span id="more-109"></span>markets and extended cold spells, it seems we can expect more of the same.<br />
On the good side are investors of independent drillers and mega corporations like Shell
and others. <b><a href="http://www.//prodigyoilandgas.blogspot.com/2013/04/prodigy-oil-and-gas-announces-initial.html" target="_blank">Oil and gas</a></b> drilling seems to be a safe haven for the
savvy investor and could likely bring larger than expected returns. US
oil production is on the rise and a part of this can be attributed to
the smaller independent drillers like Preston Energy,
Inc. in Dallas, TX. Independent drillers offer the individual investor
an avenue to capture these gains in oil and gas markets with the added
benefit of very generous tax deductions.<br />
For the investor who is looking for the potential for short and long
term gains in oil and gas, these types of independent drillers are gold
mines or rather better then gold mines. <b><a href="http://www.prodigyoilandgas.blogspot.com/2013/04/oil-production-in-us-hits-20-year-high.html" target="_blank">Oil and gas</a> </b>use is on the rise,
storage is low and long extended cold spells just seem to be fueling
the flames.Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-33709241361104343962013-05-12T06:24:00.001-07:002013-05-12T06:25:45.901-07:00Prodigy Oil and Gas | Return of Prodigy oil.Those who invest in oil and gas drilling ventures may do so for the
tax benefits or potential of incredibly high returns on their
investment. <b><a href="http://www.prodigyoilandgas.blogspot.com/2013/04/prodigy-oil-and-gas-announces-initial.html" target="_blank" title="Preston Energy">Preston Energy’s</a></b>
joint ventures are structured to reduce the overall tax burden of its
accredited investors by utilizing the exceptional tax benefits<span id="more-129"></span> available to these types of investments.<br />
<br />
The returns on an oil drilling investment can be incredibly high,
with both short-term and long-term payouts. It is easier than ever to
predict whether or not a well will have production capability due to
advances in technology and since we drill in areas of shallower depths,
the cost of drilling is considerably less than the cost of deep,
vertical wells. <a href="http://www.prodigyoilandgas.blogspot.com/2013/04/oil-production-in-us-hits-20-year-high.html" target="_blank" title="Preston Energy"><b>Striking it rich</b></a> in oil is not really about luck but rather about the experience of the company that’s drilling the well.Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-13884913117797525632013-05-11T07:09:00.002-07:002013-05-12T06:28:18.190-07:00Prodigy Oil And Gas | Invest in Prodigy Oil and Gas<div dir="ltr" style="text-align: left;" trbidi="on">
Want to invest in <b>Prodigy oil and gas</b>? Not sure, how? Then, continue to read
this article about Beginner’s Tip on Oil and Gas Investments for
beginner’s tip. You can also visit <i><a href="http://www.prodigyoilandgas.blogspot.com/2013/04/prodigy-oil-and-gas-announces-initial.html" target="_blank" title="Prestonenergy">Prodigy Oil and Gas</a></i> for more information.<br />
<b>Understand the type of Oil and Gas Industry</b><br />
Remember, there are oil and gas companies out there that barely
involve in actual drilling rather more interested to raise funds and
then invest in drilling <span id="more-871"></span>companies. There are also some companies that actually done the drilling and they raise their funds on their own as well.<br />
When you are ready to invest ask them simple questions if they do the drilling as well or is there a 3<sup>rd</sup>
party involve. There is always track record available that shows how
they are doing. For instance, you should be able to find an area by
state and zip, and by contacting local County or government about the
drilling took effect and the result of that drilling.<br />
<b>Understand the Well</b><br />
Remember, the drilling company often hits dry well and this is a
common investment loss. By looking at the zone and track record, it will
help you to understand in-depth. If the drilling is first time in an
area that was never explored before, obviously risk factor is higher.
Then there are area or zone that probably been explored as much as 20 to
30 times. There are still risk of hitting a dry zone due to low land.
If you pour some oil in a bucket of water, oil will always float as you<br />
Know. Same case here for well. If the bed rock is not flat, and if
there un even bed rock or a slope that goes up and down, if the drilling
hits at the peak there are chances that it will oil where if the
drilling hits in a down slope or under the low area, chances are it
might be just water which will turn to a dry hole.<br />
Please come visit us more often as we will continue to write for <b><a href="http://www.prodigyoilandgas.blogspot.com/2013/04/oil-production-in-us-hits-20-year-high.html" target="_blank">Oil and Gas</a></b> Industries.</div>
Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-57113160821688971922013-04-27T06:46:00.002-07:002013-05-12T06:29:32.765-07:00Prodigy oil and gas | Test Result on Duke II Prodigy Oil and Gas<div dir="ltr" style="text-align: left;" trbidi="on">
<div>
<a href="http://www.prodigyoilandgas.blogspot.com/2013/04/prodigy-oil-and-gas-announces-initial.html" target="_blank"><b>Prodigy oil and gas</b>.</a><br />
Valued Partners,</div>
<div>
We are very pleased to formally announce the official test
results on Duke II (Haggard A) well, the testing of this well has been
performed by <b>FESCO Petroleum Engineering Services</b>. Please review the attached flow back report. In the final hour of the test the <b>Haggard A</b> maintained a <b>Flowing Tubing Pressure (FTP)</b> of <b>640 psi</b> on a <b>22/64”</b> Choke, <b>1098 MCFD</b>. And produced 6.8 BO hourly with a minimal .3 BOW hourly, multiplied by 24 hours is <b>163 BOPD and 7.2 BOWPD</b>. Once again we thank our partners for standing firm with us as we have waited a very long time to get this well stimulated and placed on line.</div>
<div>
All the Best,</div>
<div>
Shawn</div>
<div>
CEO</div>
<div>
<b> </b><a href="http://www,prodigyoilandgas.blogspot.com/2013/04/oil-production-in-us-hits-20-year-high.html" target="_blank" title="prodigy oil and gas "><b>Prodigy Exploration,Inc</b>.</a></div>
</div>
Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-3338236281230579222013-04-27T06:42:00.000-07:002013-06-10T06:03:17.877-07:00Prodigy Oil & Gas | Partners of Prodigy Oil and Gas<div dir="ltr" style="text-align: left;" trbidi="on">
<h1 class="entry-title">
Prodigy Oil & Gas and Partners</h1>
<b>Prodigy Oil & Gas</b> and Partners<br />
B. J. Montgomery Well #1<br />
Big Cypress Prospect<br />
Marion County, Texas <b>Prodigy Oil and Gas</b>
reports that drilling on the B.J. Montgomery Well #1 is on schedule to
reach the expected 10,500’total depth. As we continue to drill to our
TD, we will pass through the Rodessa Lime, Pettet Lime <i id="__mceDel"><i id="__mceDel">and Travis Peak Sands. These formations could yield as much as 2.5-3.5 MMCFGPD and</i></i><br />
<i id="__mceDel"><i id="__mceDel">25-35 BOPD.</i></i><br />
Safe Harbor<br />
Certain statements in this press release regarding strategic plans,
expectations and objectives for future operations or results are
“forward-looking statements” as defined by the Securities Litigation
Reform Act of 1995. All statements, other than statements of historical
facts, included in this press release that address activities, events or
developments that Prodigy Oil and Gas (the Company) expects, believes
or anticipates will or may occur in the future are forward-looking
statements. These forward-looking statements are not guarantees of
future performance and are subject to risks and uncertainties that could
cause actual results to differ materially from the results contemplated
by the forward-looking statements, including the risks discussed in the
Company’s filings with the Securities and Exchange Commission. <br />
<br />
Factors
that could cause differences include, but are not limited to, history of
losses; speculative nature of oil and natural gas exploration;
substantial capital requirements and ability to access additional
capital; ability to meet the drilling schedule; changes in tax
regulations applicable to the oil and natural gas industry; results of
acquisitions; <b><a href="http://soaxic.livejournal.com/988.html" target="_blank">Diesel as a transportation fuel</a>;</b> relationships with partners and service providers; ability
to acquire additional leasehold interests or other oil and natural gas
properties; defects in title to the Company’s oil and natural
gas interests; ability to manage growth in the Company’s business;
ability to control properties that the Company does not operate; lack of
diversification; competition in the oil and natural gas industry;
global financial conditions; oil and natural gas realized prices;
ability to market and distribute oil and natural gas produced; seasonal
weather conditions; government regulation of the oil and natural gas
industry, including potential regulations affecting hydraulic fracturing
and environmental regulations such as climate change
regulations; uninsured or under insured risks; and material weakness in
internal accounting controls. <br />
<br />
The forward-looking statements in this
press release are made as of the date of this press release, even if
subsequently made available by the Company on its website or otherwise. <a href="http://www.lifewe.com/groups/prodigy-oil-and-gas-1903461401/" target="_blank"><i>Prodigy Oil and gas authority</i></a> does not undertake any obligation to update the
forward-looking statements as a result of new information, future events
or otherwise.</div>
Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-51415639571721619592013-04-24T06:44:00.001-07:002013-05-12T06:31:29.170-07:00Prodigy oil and gas | price hiking of Prodigy oil and gas<div dir="ltr" style="text-align: left;" trbidi="on">
<b>Prodigy Oil and Gas</b><br /><br />According to the U.S. Energy Information Administration (EIA), during
November and December of 2012, the average daily crude oil production
for the United States hit a 20 year high. It is too much than normal rate. We should find out the reason of this price-hiking of <a href="http://www.prodigyoilandgas.blogspot.com/2013/04/prodigy-oil-and-gas-announces-initial.html" target="_blank">Oil and Gas</a>.<br />
<br />
<br />
The increased output from states such as Texas, Oklahoma and North
Dakota, to name a few, helped push the daily production to more than 7
million barrels per day, which is the highest mark since December 1992.<br />
<span id="more-86"></span> <br />
Industry groups, as well as congressional Republicans, have asked
President Obama to open more federal lands to oil-and-gas development.
They are claiming that by doing so it would enhance federal revenues
while also encouraging economic growth.<br />
<br />
<br />
The groups point out that most of the nations oil and gas boom has
been occurring on private and state lands, giving places like North
Dakota, Texas and Oklahoma an economic boost. The governor of these cities are concerned now about this issue. You can know more about <b><a href="http://www.prodigyoilandgas.blogspot.com/2013/04/oil-production-in-us-hits-20-year-high.html" target="_blank">oil and gas</a></b> from here.<br />
<br />
They also have pointed out examples like North Dakota’s Bakken
formation as a reason to expand drilling access on federal lands as well
as Oklahoma’s Osage County as an example of expansion in private lands.<br />
However, at this point, Obama has said oil-and-gas production already
is rising under his watch, and has given no indication that he plans to
open more federal lands for drilling. <br />
<br />
The groups continue to explain that by opening up both federal and
private lands to drilling, Texas and North Dakota increased oil
production considerably in recent years. In 2009, Texas and North Dakota
combined to produce less than 24% of America’s domestic crude oil. By
December 2012 if you considered those two states a country, they would
have been the 9th largest producer of oil in the world. They now produce
42% and 43% of the United States crude oil.<br />
<br />
While Obama is correct, oil-and-gas production has risen recently,
the groups argue that for the economy to feel any real economic boon,
the trend must continue and the bottom line is that significant
increases in oil-and-gas production will deliver a powerful economic
stimulus to the US economy by bringing; a) thousands of new shovel ready
jobs to the states such as North Dakota, Texas and Oklahoma, b)
billions of dollars in new investments to those states, and c) billions
of dollars in royalty payments to private landowners. <br />
<br />
To accomplish this though, the groups feel that the “handcuffs” need
to be relaxed or removed by the current administration, which so far has
been reluctant to do so. <br />
read more at <a href="http://www.prodigyoilandgas.blogspot.com/2013/04/prodigy-oil-and-gas-price-hiking-of-oil.html" target="_blank">prodigy oil and gas</a></div>
Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-36797610376471312892013-04-21T06:36:00.002-07:002013-05-12T06:33:02.345-07:00Prodigy oil and gas | Oil Prices Rise In Relation To Global Tension<div dir="ltr" style="text-align: left;" trbidi="on">
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<u>Prodigy Oil and Gas</u><br /><br />Historically <b><a href="http://www.prodigyoilandgas.blogspot.com/2013/04/oil-production-in-us-hits-20-year-high.html" target="_blank">oil prices</a></b> trend upward with rising tensions
among oil rich nations. Obviously with today’s escalation
around the globe including Russia, Saudi Arabia, United States and Iran, the <span style="color: windowtext; text-decoration: none; text-underline: none;">top four oil
producing countries in the world</span><span style="color: black;">,</span>
oil seems to have the potential to hit all time <i><span style="font-style: normal; mso-bidi-font-style: italic;">highs.</span></i><br />
<div class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-bidi-font-weight: bold; mso-fareast-font-family: "Times New Roman";">Instead of
going crazy fretting over high gasoline prices, why shouldn’t we invest enough
in oil companies to hedge like the big boys do? If oil rises, we profit enough
to fill our tanks. If</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> <span style="mso-bidi-font-weight: bold;">prices</span> fall, we lose on our stock, but we benefit by cheaper gas
at the pump. Why curse Big Oil’s “obscene profits” when you can participate?</span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-bidi-font-weight: bold; mso-fareast-font-family: "Times New Roman";"><br />
</span><i><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";">– <span style="color: windowtext; text-decoration: none; text-underline: none;">Kevin P.,
Blue Springs, Mo</span>.</span></i><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"></span></div>
Some choose to invest in the stock market to capitalize on these market
gains. But if you’re looking for a monthly income stream with the added benefit
of exceptional tax benefits, then investing directly with small drilling
companies is clearly the better choice. <b> <a href="http://www.prodigyoilandgas.blogspot.com/2013/04/prodigy-oil-and-gas-price-hiking-of-oil.html" target="_blank">Investing in oil</a></b> will aid in
offsetting the harmful effects of rising inflation and higher unemployment.<br />
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Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-88346853951634607272013-04-17T06:30:00.004-07:002013-06-10T03:43:54.650-07:00Prodigy Oil and Gas | Announces Initial Production from Goolsby #4 Well<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="font-size: 14.0pt;">Announces Initial Production from Goolsby #4
Well<br />
<br />
Irving, Texas, Feb. 25, 2013 —<b><i> <a href="http://www.manta.com/c/mmc6xp2/prodigy-oil-gas" target="_blank">Prodigy Oil and Gas</a></i></b> (“Prodigy”
or the “Company”), an energy company engaged in the acquisition, exploration,
development and drilling of oil and natural gas properties, announces the
initial oil production of it’s Goolsby Well #4, located in Osage County,
Oklahoma. <br style="mso-special-character: line-break;" />
<br style="mso-special-character: line-break;" />
</span></span><br />
<span style="font-family: Georgia,"Times New Roman",serif;"><span style="font-size: 14.0pt;">“We received notification this past week from
the operator, Black Lava Operating, that the Goolsby #4 well has had an initial
oil production of approximately 20 BOPD” stated Prodigy President, Mr. Shawn
Bartholomae. “While we are very happy with this initial report, we expect that
with further work, the daily oil production from this well will increase
considerably over the next few months.”</span></span><br />
<span style="font-family: Georgia,"Times New Roman",serif;"><span style="font-size: 14.0pt;">Safe Harbor<br />
<br />
Certain statements in this press release regarding strategic plans,
expectations and objectives for future operations or results are
“forward-looking statements” as defined by the Securities Litigation Reform Act
of 1995. All statements, other than statements of historical facts, included in
this press release that address activities, events or developments that the
Company expects, believes or anticipates will or may occur in the future are
forward-looking statements. <br /></span></span><br />
<span style="font-family: Georgia,"Times New Roman",serif;"><span style="font-size: 14.0pt;">These forward-looking statements are not
guarantees of future performance and are subject to risks and uncertainties
that could cause actual results to differ materially from the results
contemplated by the forward-looking statements, including the risks discussed
in the Company’s filings with the Securities and Exchange Commission. <br />
<br />
Factors that could cause differences include, but are not limited to, history
of losses; speculative nature of oil and natural gas exploration; substantial
capital requirements and ability to access additional capital; ability to meet
the drilling schedule; changes in tax regulations applicable to the oil and
natural gas industry; results of acquisitions; relationships with partners and
service providers; ability to acquire additional leasehold interests or other
oil and natural gas properties; defects in title to the Company’s oil and
natural gas interests; ability to manage growth in the Company’s business;
ability to control properties that the Company does not operate; lack of
diversification; competition in the oil and natural gas industry; global
financial conditions; oil and natural gas realized prices; ability to market
and distribute oil and natural gas produced; seasonal weather conditions;
government regulation of the oil and natural gas industry, including potential
regulations affecting hydraulic fracturing and environmental regulations such
as climate change regulations; uninsured or under insured risks; and material
weakness in internal accounting controls.<br /></span></span><br />
<span style="font-family: Georgia,"Times New Roman",serif;"><span style="font-size: 14.0pt;">The forward-looking statements in this press
release are made as of the date of this press release, even if subsequently
made available by the Company on its website or otherwise. The Company does not
undertake any obligation to update the forward-looking statements as a result
of new information, future events or otherwise.<br /><br />To start your <i><a href="http://soaxic.livejournal.com/610.html" target="_blank">career in Prodigy oil and gas</a></i> just visit the page.</span></span><br />
<span style="font-family: Georgia,"Times New Roman",serif;"><br /></span>
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Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-82436846707028929042013-04-17T06:24:00.003-07:002013-05-12T06:40:36.918-07:00Prodigy Oil and Gas | Oil production in US hits 20 year high<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="font-size: small; font-weight: normal;"><u><span style="font-family: "Times New Roman","serif"; font-size: 18.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt;">Oil production in US hits 20 year
high</span></u></span></div>
<span style="font-size: small;"><br /></span>
<span style="font-size: small; font-weight: normal;"><span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;"><a href="http://www.prodigyoilandgas.blogspot.com/2013/04/prodigy-oil-and-gas-announces-initial.html" target="_blank"><u><b>Prodigy Oil and Gas</b></u></a>. According
to the U.S. Energy Information Administration (EIA), during November and
December of 2012, the average daily crude oil production for the United States
hit a 20 year high.</span></span><span style="font-size: small;"><br /></span>
<span style="font-size: small; font-weight: normal;"><span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">The
increased output from states such as Texas, Oklahoma and North Dakota, to name
a few, helped push the daily production to more than 7 million barrels per day,
which is the highest mark since December 1992.<br style="mso-special-character: line-break;" />
<br style="mso-special-character: line-break;" />
</span></span><span style="font-size: small;"><br /></span>
<span style="font-size: small; font-weight: normal;"><span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">Industry
groups, as well as congressional Republicans, have asked President Obama to
open more federal lands to oil and gas development. They are claiming that by
doing so it would enhance federal revenues while also encouraging economic
growth. </span></span><span style="font-size: small;"><br /></span>
<span style="font-size: small; font-weight: normal;"><span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">The
groups point out that most of the nation’s oil and gas boom has been occurring
on private and state lands, giving places like North Dakota, Texas and Oklahoma
an economic boost.</span></span><span style="font-size: small;"><br /></span>
<span style="font-size: small; font-weight: normal;"><span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">They
also have pointed out examples like North Dakota’s Bakken formation as a reason
to expand drilling access on federal lands as well as Oklahoma’s Osage County
as an example of expansion in private lands.</span></span><span style="font-size: small;"><br /></span>
<span style="font-size: small; font-weight: normal;"><span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">However,
at this point, Obama has said oil and gas production already is rising under
his watch, and has given no indication that he plans to open more federal lands
for drilling.</span></span><span style="font-size: small;"><br /></span>
<span style="font-size: small; font-weight: normal;"><span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">The
groups continue to explain that by opening up both federal and private lands to
drilling, Texas and North Dakota increased oil production considerably in
recent years. In 2009, Texas and North Dakota combined to produce less than 24%
of America’s domestic crude oil. By December 2012 if you considered those two
states a country, they would have been the 9th largest producer of oil in the
world. They now produce 42% and 43% of the United States crude oil.</span></span><span style="font-size: small;"><br /></span>
<span style="font-size: small; font-weight: normal;"><span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">While
Obama is correct, oil and gas production has risen recently, the groups argue
that for the economy to feel any real economic boon, the trend must continue
and the bottom line is that significant increases in<b><i> <a href="http://www.prodigyoilandgas.blogspot.com/2013/04/prodigy-oil-and-gas-price-hiking-of-oil.html" target="_blank">oil and gas</a></i></b> production
will deliver a powerful economic stimulus to the US economy by bringing; a)
thousands of new shovel ready jobs to the states such as North Dakota, Texas
and Oklahoma, b) billions of dollars in new investments to those states, and c)
billions of dollars in royalty payments to private landowners. </span></span><span style="font-size: small;"><br /></span>
<span style="font-size: small; font-weight: normal;"><span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">To
accomplish this though, the groups feel that the “handcuffs” need to be relaxed
or removed by the current administration, which so far has been reluctant to do
so.</span></span><span style="font-size: small;"><br /></span>
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Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-27828164712881197972013-04-17T06:07:00.001-07:002013-05-12T06:11:43.411-07:00Prodigy Oil and Gas | Prodigy Oil & Gas and Partners<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">B.
J. Montgomery Well #1<br />
Big Cypress Prospect<br />
Marion County, Texas <b><a href="http://prodigyoilandgas.blogspot.com/2013/04/prodigy-oil-and-gas-announces-initial.html" target="_blank">Prodigy Oil and Gas</a></b> reports that drilling on the B.J. Montgomery Well #1 is on
schedule to reach the expected 10,500’total depth. As we continue to
drill to our TD, we will pass through the Rodessa Lime, Pettet
Lime <i id="__mceDel"><span style="font-family: "Calibri","sans-serif"; font-style: normal; mso-ascii-theme-font: minor-latin; mso-bidi-font-style: italic; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">and Travis Peak Sands</span></i><i><span style="font-family: "Calibri","sans-serif"; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">. </span></i><i><span style="font-family: "Calibri","sans-serif"; font-style: normal; mso-ascii-theme-font: minor-latin; mso-bidi-font-style: italic; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">These formations could yield as much as
2.5-3.5 MMCFGPD and</span></i></span><br />
<i id="__mceDel"><span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; font-style: normal; mso-ascii-theme-font: minor-latin; mso-bidi-font-style: italic; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">25-35 BOPD.</span></i><i style="mso-bidi-font-style: normal;"><span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;"></span></i><br />
<span style="font-family: "Calibri","sans-serif"; font-size: 14.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">Safe
Harbor</span><br />
<div class="MsoNormal">
<span style="font-size: 14.0pt; line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">Certain statements in this press
release regarding strategic plans, expectations and objectives for
future operations or results are “forward-looking statements” as defined
by the Securities Litigation Reform Act of 1995. All statements, other
than statements of historical facts, included in this press release that
address activities, events or developments that<i> <a href="http://www,prodigyoilandgas.blogspot.com/2013/04/oil-production-in-us-hits-20-year-high.html" target="_blank">Prodigy Oil and Gas</a></i> (the
Company) expects, believes or anticipates will or may occur in the future
are forward-looking statements. These forward-looking statements are
not guarantees of future performance and are subject to risks and
uncertainties that could cause actual results to differ materially from
the results contemplated by the forward-looking statements, including the
risks discussed in the Company’s filings with the Securities and Exchange
Commission.</span></div>
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<br /></div>
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<span style="font-size: 14.0pt; line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">Factors that could cause differences
include, but are not limited to, history of losses; speculative nature of oil
and natural gas exploration; substantial capital requirements and ability
to access additional capital; ability to meet the drilling schedule;
changes in tax regulations applicable to the oil and natural gas industry;
results of acquisitions; relationships with partners and service
providers; ability to acquire additional leasehold interests or other oil
and natural gas properties; defects in title to the Company’s oil and natural
gas interests; ability to manage growth in the Company’s business; ability
to control properties that the Company does not operate; lack of
diversification; competition in the oil and natural gas industry; global financial conditions;
oil and natural gas realized prices; ability to market and distribute oil and
natural gas produced; seasonal weather conditions; government regulation
of the oil and natural gas industry, including potential regulations
affecting hydraulic fracturing and environmental regulations such as climate
change regulations; uninsured or under insured risks; and material weakness
in internal accounting controls.</span></div>
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<br /></div>
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<span style="font-size: 14.0pt; line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">The forward-looking statements in
this press release are made as of the date of this press release, even if
subsequently made available by the Company on its website or otherwise.
The Company does not undertake any obligation to update the
forward-looking statements as a result of new information, future events or
otherwise.</span></div>
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Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0tag:blogger.com,1999:blog-1415495825759897936.post-64281574376474611372013-04-15T06:01:00.000-07:002013-05-12T06:41:44.301-07:00Prodigy oil and gas | Oil and Gasoline <div dir="ltr" style="text-align: left;" trbidi="on">
Prodigy Oil and Gas<br /><br />More than a century and a half after its discovery, oil continues to
play an essential role in the global economy, despite fears that
reliance on petroleum is fueling rapid climate change. Over the last
decade, the <b><a href="http://www.prodigyoilandgas.blogspot.com/2013/04/prodigy-oil-and-gas-price-hiking-of-oil.html" target="_blank">price of oil</a></b> has taken a roller coaster ride, usually in a
cyclical pattern that is in sync with the global economy. A strong
economy tends to increase the demand for oil and drive up the price,
while a weak economy generally has the opposite effect.<br />
<br />
<span id="more-32"></span> <br />
As a rule of thumb, economists say a $10 decline in the price of a
barrel of oil increases economic growth 0.2 to 0.3 percentage points,
helping many businesses dependent on oil, like airlines and makers of
plastics and fertilizers. But the opposite is true as well, and the
surge in gas prices in early 2012 raised fears that it might damage the
still-vulnerable economic recovery. But the price leveled out later in
the year — perhaps in a reflection of slowing growth.<br />
<br />
Overall, oil consumption has dropped more than 5 percent since 2005, while natural gas use has risen 10 percent.<br />
<br />
<b>Overview</b><br />
While it remains the top source of energy, oil has fallen off its
pedestal since the energy shocks of the 1970s and 1980s, which proved
how reliant the developed world had become on <a href="http://www.oilandgasinvestments-usa.com/" target="_blank">petroleum products</a>, and
how vulnerable it was to shortfalls in supplies.<br />
<br />
In 1973, oil accounted for 46 percent of the world’s total energy
consumption; by 2005, its share had declined to 35 percent. But oil
remains well ahead of other energy sources: coal meets 25 percent of the
world’s energy needs; natural gas is next with a market share of 20
percent; and nuclear power meets 6 percent of the planet’s energy needs.<br />
<br />
Besides price volatility, concerns about energy security, as well as
the environment and the threat of global warming, have put oil’s
position under pressure. There are also concerns about the effects of
instability in the Arab world, as well as tensions between the United
States and Iran.<br />
<br />
<b>The U.S.: Inching Toward Energy Independence</b><br />
Across the United States, the <a href="http://prodigyoilandgas.blogspot.com/2013/04/prodigy-oil-and-gas-announces-initial.html" target="_blank"><u><b>oil and gas</b></u></a> industry has been vastly increasing production,
reversing two decades of decline. Using new technology and spurred by
rising oil prices since the mid-2000s, the industry is extracting
millions of barrels more a week, from the deepest waters of the Gulf of
Mexico to the prairies of North Dakota.<br />
<br />
In November 2012, a report by the International Energy Agency concluded that the United States would overtake Saudi Arabia as the world’s leading oil producer<a href="http://www.blogger.com/null"> </a>by about 2017 and become a net oil exporter by 2030.<br />
<br />
Increased oil production, combined with new American policies to
improve energy efficiency, means that the United States will become “all
but self-sufficient” in meeting its energy needs in about two decades —
a “dramatic reversal of the trend” in most developed countries, the report said.<br />
<br />
Our link:www.prodigyoilandgas.com<br />
Source:http://topics.nytimes.com/top/news/business/energy-environment/oil-petroleum-and-gasoline/index.html</div>
Anonymoushttp://www.blogger.com/profile/10241176020985834829noreply@blogger.com0