IMP 0.00% 14.0¢ imperial corporation limited

gas going up wells going down.

  1. 2,455 Posts.
    Due to they heat wave currently in the USA Gas prices are still rising.

    Gas going up wells going down, proffits increasing.

    Low cap, around 30 to 40 wells producing 12 months from now.

    This is a multibagger if ever I saw one as most of the holders/buyers already know by now.

    Overview: Thursday, August 3 (next release 2:00 p.m. on August 10, 2006)

    Natural gas spot prices increased sharply this week (Wednesday-Wednesday, July 26 – August 2), as demand for power generation remained high in order to meet air-conditioning load and crude oil continued to trade near record-high prices. For the week, the price at the Henry Hub increased $1.94 per MMBtu, or about 29 percent, to $8.65. At the New York Mercantile Exchange (NYMEX), the August contract expired last Thursday, July 27, at $7.042 per MMBtu, about $1.16 more than the previous month’s settlement. The price of the futures contract for September delivery at the Henry Hub moved about 83 cents per MMBtu higher on the week to settle yesterday (Wednesday, August 2) at $7.799. Natural gas in storage was 2,775 Bcf as of Friday, July 28, which is 19.2 percent higher than the 5-year average. The spot price for West Texas Intermediate (WTI) crude oil increased $2.34 per barrel or about 3 percent, since last Wednesday (July 26) to trade yesterday at $76.16 per barrel or $13.13 per MMBtu.

    Giving it away atm. News coming soon.

    Long term holder. I have no dought IMP will be trading at .10c in around 12 months +- BS you say well go and have a look, spend time looking at all the info from IMP since the first well was spudded and make up your own mind.

    Love it. .016c/.018c atm and its moving stock at a bigger rate every day.



    Cheers

    Xan




 
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