NAMG!
This is a brand new oil and gas play that is currently experiencing a sudden burst of trading activity over the last 2 sessions, indicating to me that something BIG could be in the works!
NAMG (North American Oil & Gas) is currently focused on Oil & Gas projects in the prolific San Joaquin Basin of California, where the company has built a portfolio in excess of 8,000 gross acres in this highly coveted 'oil rich' region.
According to the EIA, at the end of 2010, California ranked #3 in the US in both oil production and also in proved oil reserves.
North American Oil and Gas also holds a 75 percent participation interest in the massive Tejon Extension prospect, also in California.
The Tejon Field has already produced some 34 million barrels oil and 19 billion cubic feet of gas. The North Tejon Field alone, has produced some 24 million barrels oil and 233 billion cubic feet of gas.
As a newly established oil and gas company North American Oil and Gas Corporation carries no debt and has an attractive capital structure.
Why NAMG could be positioning for a big move in the coming sessions:
After relatively little activity over the last few months, things have suddenly picked up over the past 2 trading days, with more than half-a-million shares traded, on some huge end of day swings providing traders with excellent gain potential.
This could be the right time for NAMG, considering momentum is on the upswing and accumulation has increased rapidly over the last few sessions, indicating that NAMG could be on track for a major move in the sessions ahead.
Make sure you begin your research right away and lets be ready for NAMG on Wednesday asinvestor interest is absolutely surging for this undiscovered Oil & Gas play.
-James
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
NEW PICK
North American Oil & Gas Corp.
NAMG
NAMG Chart
Currently Trading: $1.07
PSP Free Members,
Our new pick is: NAMG
NAMG saw a sudden burst of trading activity in the last 2 sessions indicating to me that a major move could be right around the corner.
The stock has provided terrific intraday gain possibilities in the last 2 sessions, and as volume continues to increase I believe we could see NAMG make a strong move up the charts in the coming weeks!
Begin your research right away and be ready for NAMG as volume is steadily increasing day by day, its only a matter of time before NAMG makes a major run to the upside!
About North American Oil & Gas Corp.
Leveraging high volume potential areas as well as cutting edge technology, NAMG operates in the hugely lucrative oil and gas industry. NAMG focuses on projects conducive with high potential returns on investment to maximize overall value.
Focused on the prolific and well-known San Joaquin Basin of California, NAMG has built up an impressive portfolio of over 8,000 gross acres! In addition, NAMG is working to build partnerships to develop extensions to existing producing fields as well as to establish new opportunities supported by high-quality 3-D seismic analysis.
NAMG Portfolio Built Up to Over 8,000 Gross Acres in San Joaquin Basin
Earlier this year on February 19, 2013, NAMG announced the following update regarding its acreage position in the San Joaquin Basin of California:
NAMG has built a portfolio in excess of 8,000 gross acres in the southern San Joaquin Basin. This is almost double the acreage since the merger with Calendar Dragon in late November 2012. The majority of the new acreage additions have been acquired in the Project Lani area, which is located in the southern San Joaquin Basin.
Bob Rosenthal, President & CEO commented, "We are pleased with the significant acreage position accumulated to date. More importantly the doubling of the company's acreage since listing has been achieved in such a short period of time without excessive cost to the company."
Technical Indicators:
NAMG looks to be setting up for a significant breakout after bouncing off of a month's low of 68-cents on July 1, and since see overlying upward movement to close at 1-dollar in the last session for a more than 47 percent increase in just over two weeks time.
Momentum looks to be building quickly on the back of increased awareness. Following weeks of low activity, NAMG has seen a recent spike in volume trading an average of about 250,000 shares over the past two sessions compared with its 3 Month Average of just under 6,000 shares.
The 5 to 50-Day Moving Averages all show price action trending upward. The MACD Oscillator for both the 20 and 50-Day periods have moved above the zero line to indicate a bullish signal, and the Stochastic Oscillator range shows the percent K crossing through the 3-period moving average,triggering a "buy" signal.
NAMG could be setting up for a significant run up as the current climate supports domestic oil production industry wide.
This little known oil & gas company clearly doesn't appear to stay under the radar much longer as evidenced by the incredible jump in recent trading activity. It looks like investors are beginning to catch on to what could be a major move ahead for NAMG!
Focused on the prime area of the San Joaquin Basin, NAMG looks well positioned to become an enormous beneficiary of a potential California oil boom that could prove to be of Bakken-like proportions.
Begin your research right away and lets be ready for NAMG as it is likely to continue this surge into today's session!
This is a brand new oil and gas play that is currently experiencing a sudden burst of trading activity over the last 2 sessions, indicating to me that something BIG could be in the works!
NAMG (North American Oil & Gas) is currently focused on Oil & Gas projects in the prolific San Joaquin Basin of California, where the company has built a portfolio in excess of 8,000 gross acres in this highly coveted 'oil rich' region.
According to the EIA, at the end of 2010, California ranked #3 in the US in both oil production and also in proved oil reserves.
North American Oil and Gas also holds a 75 percent participation interest in the massive Tejon Extension prospect, also in California.
The Tejon Field has already produced some 34 million barrels oil and 19 billion cubic feet of gas. The North Tejon Field alone, has produced some 24 million barrels oil and 233 billion cubic feet of gas.
As a newly established oil and gas company North American Oil and Gas Corporation carries no debt and has an attractive capital structure.
Why NAMG could be positioning for a big move in the coming sessions:
After relatively little activity over the last few months, things have suddenly picked up over the past 2 trading days, with more than half-a-million shares traded, on some huge end of day swings providing traders with excellent gain potential.
This could be the right time for NAMG, considering momentum is on the upswing and accumulation has increased rapidly over the last few sessions, indicating that NAMG could be on track for a major move in the sessions ahead.
Make sure you begin your research right away and lets be ready for NAMG on Wednesday asinvestor interest is absolutely surging for this undiscovered Oil & Gas play.
-James
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
NEW PICK
North American Oil & Gas Corp.
NAMG
NAMG Chart
Currently Trading: $1.07
PSP Free Members,
Our new pick is: NAMG
NAMG saw a sudden burst of trading activity in the last 2 sessions indicating to me that a major move could be right around the corner.
The stock has provided terrific intraday gain possibilities in the last 2 sessions, and as volume continues to increase I believe we could see NAMG make a strong move up the charts in the coming weeks!
Begin your research right away and be ready for NAMG as volume is steadily increasing day by day, its only a matter of time before NAMG makes a major run to the upside!
About North American Oil & Gas Corp.
Leveraging high volume potential areas as well as cutting edge technology, NAMG operates in the hugely lucrative oil and gas industry. NAMG focuses on projects conducive with high potential returns on investment to maximize overall value.
Focused on the prolific and well-known San Joaquin Basin of California, NAMG has built up an impressive portfolio of over 8,000 gross acres! In addition, NAMG is working to build partnerships to develop extensions to existing producing fields as well as to establish new opportunities supported by high-quality 3-D seismic analysis.
NAMG Portfolio Built Up to Over 8,000 Gross Acres in San Joaquin Basin
Earlier this year on February 19, 2013, NAMG announced the following update regarding its acreage position in the San Joaquin Basin of California:
NAMG has built a portfolio in excess of 8,000 gross acres in the southern San Joaquin Basin. This is almost double the acreage since the merger with Calendar Dragon in late November 2012. The majority of the new acreage additions have been acquired in the Project Lani area, which is located in the southern San Joaquin Basin.
Bob Rosenthal, President & CEO commented, "We are pleased with the significant acreage position accumulated to date. More importantly the doubling of the company's acreage since listing has been achieved in such a short period of time without excessive cost to the company."
Technical Indicators:
NAMG looks to be setting up for a significant breakout after bouncing off of a month's low of 68-cents on July 1, and since see overlying upward movement to close at 1-dollar in the last session for a more than 47 percent increase in just over two weeks time.
Momentum looks to be building quickly on the back of increased awareness. Following weeks of low activity, NAMG has seen a recent spike in volume trading an average of about 250,000 shares over the past two sessions compared with its 3 Month Average of just under 6,000 shares.
The 5 to 50-Day Moving Averages all show price action trending upward. The MACD Oscillator for both the 20 and 50-Day periods have moved above the zero line to indicate a bullish signal, and the Stochastic Oscillator range shows the percent K crossing through the 3-period moving average,triggering a "buy" signal.
NAMG could be setting up for a significant run up as the current climate supports domestic oil production industry wide.
This little known oil & gas company clearly doesn't appear to stay under the radar much longer as evidenced by the incredible jump in recent trading activity. It looks like investors are beginning to catch on to what could be a major move ahead for NAMG!
Focused on the prime area of the San Joaquin Basin, NAMG looks well positioned to become an enormous beneficiary of a potential California oil boom that could prove to be of Bakken-like proportions.
Begin your research right away and lets be ready for NAMG as it is likely to continue this surge into today's session!
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