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[Demo-schools-authors] Oil Fields Soaking up More Profits!


From: OilGasTech
Subject: [Demo-schools-authors] Oil Fields Soaking up More Profits!
Date: Thu, 28 Sep 2006 00:44:35 -0600
User-agent: Thunderbird 1.5 (Windows/20051201)

The developing countries like China and India have huge and growing Energy demands that will need to be met for decades ahead...

Despite a recent temporary market price dip, the exploration and production of Oil & Natural Gas in the US is BOOMING!!!!

Energy exploration activity in the continental US is made up mostly of Independent firms. One such exciting new firm is Kingslake Energy Inc. (OTC: KGLJ.PK).

Company:KINGSLAKE ENERGY INC
Symbol:KGLJ.PK
52 Week High:$7.00
Ave volume:11,000

Add KGLJ.PK to Portfolio



OVERVIEW:

Kingslake Energy is a San Antonio, TX based Oil & Gas firm that plans an aggressive, yet low risk and high reward strategy for exploration and production. The Company plans to work high potential proven targets.

  • Exploration target zones that have been proven by history.
  • Exploration target zones which have been re- confirmed by today’s technology as high value.

With the ready availability of 3D seismic technology for exploration, firms can routinely achieve high drilling success rates. With today’s pricing levels, many targets in the US are now commercially viable.

The Company has acquired two 1000 acre Natural Gas drilling projects located in Todd County and Butler County Kentucky. The first well drilled on the Todd prospect encountered formations that suggest significant natural gas opportunities.

OUTLOOK

A Cold Winter is coming!!!!

Experts predict that Natural Gas prices will firm up in the coming few weeks with the onset of winter in the Northeastern US.

With the insatiable worldwide demand for Energy, coupled with today’s advanced exploration technology, and a focus on high value targets; Kingslake Energy Inc. (OTC: KGLJ.PK) is definitely a Company to consider in the solid Oil & Gas Sector.

The Oil & Gas sector can be a high performing element of a total investment portfolio.

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