Category Archive: Oil & Gas

Jan
04

The Trend is your Friend… Sounds like a lot of bologna!

Today’s markets are very challenging for the lay trader. CNBC (An entertainment network) is famous for shows like “Fast Money”, “Trade of the Day”, and “Trading Profits”. After being in this business for over 35 years, I know very few people who have made a good living from trading. Being constantly surrounded by cheer leaders preaching day trading has been a contributing factor to the volatile market conditions.

Jul
28

Delta Oil & Gas, Inc. Test Flows Donner #1 Well and Awaits Tie-In Procedures

Delta Oil & Gas, Inc. Test Flows Donner #1 Well and Awaits Tie-In Procedures

Apr
22

Deep Down Receives $4 Million Letter of Intent for Surface and Subsea Hardware

HOUSTON, April 22, 2010 – Deep Down, Inc. (OTC Bulletin Board: DPDW), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced it has received a Letter of Intent (LOI) for an order valued in excess of $4 million for installation equipment, surface and subsea hardware in West …

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Mar
24

Miller Energy Resources Reports $271 Million in Record Profits for the Third Quarter

Miller Petroleum, Inc. dba Miller Energy Resources (“Miller”) (OTCBB: MILL) announced today that it had net income of $271.9 million for the third quarter ending January 31, 2010. This represents earnings for the quarter of $12.44 per outstanding share and earnings of $9.51 per fully diluted share.