|TRANSWORLD OIL & GAS (TWOG.PK) $20 million in revenues on the "Russian" deal, they mentioned back at AKOL.PK.|
(The upcoming "Russian" deal has $20 million in revenues and could have the potential to blast this off to over a $1.00. Based on previous news from AKOL.PK.
Someone said they got an email from the company saying, news would be coming soon... Finally, can't wait to read about their accomplishments. Anything of value, will make this stock blast off...)
Houston, TX. Run by Mike Mancini and Robert Needham. They were running AKOL.PK, and Frontier Oil Company before that. They seem to spend most of their time running TWOG.PK, from Toronto, Canada. Huge accumulation going on the other day. Someone is buying it cheap. According to a PR at the old AKOL.PK, some think TWOG is doing an acquisition of a Russian oil company - acquiring 49%. At AKOL.PK, they said, $20 million in revenues. They say they are a development company. Based on previous news at AKOL.PK, the former symbol. I have been following this stock for several months. I am an investor in it. Something seems to be going on here. They changed their name and symbol to reflect doing overseas business. They went from 320,000 traded the other day, to over 7 million traded today. The stock also traded 10-11 million just the other day. They once went from .01 to .07 a few months ago. And, they once were as high as .49 in the past. I'd like to see it go to $1.13 for some personal reasons. I'm an investor here, and I am waiting for something good to happen. They used to be AKOL.PK. Alaskan Oil and Gas. They just changed the name and symbol. No news posted yet. They need to keep the shareholders informed. Something's going on. Somebody knows something. Oil is a hot and greasy commodity these days. Black gold. It's what made the Beverly Hillbillies - "RICH!" Texas Tea! I'll be glad when they actually do something, like find some oil, dig a hole, pump oil, do a JV, acquire something, build something, make a website, print some news and PRs, make a real company, start making something happen and doing something to make us some money. Hopefully, they'll be working their way back up to .01. Can't wait until they finally move up and over .05 and over .10. If they close on the 49% of the Russian deal, this could blast off over a dollar. To the 2 Canadians running this company - "Hurry up and do something!" It's time for the two guys running TWOG.PK, Mike Mancini Robert Needham to perform. The shareholders expect action here. "Show me the money!" - from the movie Jerry McGuire. Feel free to post - if you got anything to share on this company...
From One Of The Shareholder
Guanxi2005 / G-5
Press Release Source: Alaskan Oil and Gas Ltd.
Alaska Oil and Gas Is Pleased to Announce Its New Proposed Name, Transworld Oil & Gas Ltd.
Tuesday April 26, 11:08 am ET
HOUSTON, April 26, 2005 (PRIMEZONE) -- Alaska Oil and Gas, the 'Company,' or (Other OTC:AKOL.PK - News) is in the process of changing its name to Transworld Oil & Gas Ltd. The company believes that the new name suggested by a shareholder is better suited to its current and future operations.
The company is in the process of completing the due diligence in regard to the acquisition of the 49% ownership of a producing oil company located in Russia. Preliminary financial statements of this company which are audited indicate some 20 million dollars of revenues. The company feels that the completion of this deal will also allow AKOL to become a reporting issuer and move to a higher trading venue.
About Alaska Oil and Gas
Alaska Oil and Gas (Other OTC:AKOL.PK - News) is a development stage energy company and intends to become a worldwide company specializing in the extraction and production of oil and gas. The company is seeking to extract and produce both oil and gas via partnerships and acquired properties.
Press Release Source: Alaskan Oil and Gas Ltd.
Alaskan Oil and Gas signs LOI for 49% Percent of Producing Oil Company
Tuesday April 12, 7:30 am ET
HOUSTON, April 12, 2005 (PRIMEZONE) -- Alaskan Oil and Gas (Other OTC:AKOL.PK - News) has signed an LOI to acquire 49% ownership of a producing oil company located in Russia. The final purchase price will consist of a combination of cash to be utilized as working capital and convertible preferred shares to complete the purchase.
The operating management of the company currently has 10 years of operational experience and are involved in various aspects of oil production. Current areas of operations include production of crude oil and gas condensate, transportation of hydrocarbon raw material to the consumer, registration of necessary customs procedures, reprocessing of sour and highly paraffinic oil within its own plants and the receipt of high-gravity sorts of oil.
Alaskan Oil and Gas believes that it can help the company to increase its production to 10,000 metric tons of oil per month over the next five years. In addition, the company has exploration potential that could add significantly to reserves and production.
About Alaskan Oil and Gas-
Alaskan Oil and Gas (Other OTC:AKOL.PK - News) is a development stage energy company and intends to become a worldwide company specializing in the extraction and production of oil and gas.
Mancini and Needham can be reached here.
Alaskan Oil and Gas.
Phone: (281) 854-2374
11757 Katy Freeway
Phone: (281) 854 – 2374
Fax: (360) 937 – 5727