Tamm Oil and Gas Corp.
TAMO ~ Business Overview
Website ~ http://www.tammoilandgas.com
Tamm Oil & Gas Corp. is an emerging junior oil and gas exploration and development company. The Company plans to add corporate asset value through the drilling and production of petroleum and heavy oil. Tamm Oil and Gas Corp., a petroleum exploration company, focuses on the identification, acquisition, and development of oil sands prospects in Canada.
The company holds a 100% interest in 5,120 acres of oil sands leases in the Province of Alberta; and in 21 sections of oil sands leases and 14 sections of petroleum and natural gas leases in the Peace River region of northern Alberta. It also holds a 100% interest in 1,280 acres of oil sands leases; and a 100% interest in 6,400 acres of petroleum and natural gas leases in Alberta.
The company was formerly known as Hola Communications, Inc. and changed its name to Tamm Oil and Gas Corp. in November 2007 to reflect its redirected business focus to the oil and gas industry. Tamm Oil and Gas Corp. was founded in 2005 and is headquartered in Calgary, Canada.
TAMO ~ Oil Projects
Manning Area Properties
Tamm Oil and Gas Corp. has acquired a 100% working interest in 29 contiguous sections of mineral rights or 18,500 acres in Alberta in the Peace River Oil Sands Area. These mineral rights are considered to be prospective for heavy oil in the Mississippian Debolt, Elkton and other formations.
"Third party estimates of potentially 1.4 billion Petroleum-initially-in-Place (PIIP) on the properties within the various zones with the majority in two specific zones".
Work is currently ongoing to further study geology and acquire "trade data" seismic and map the adjoining lands for other potential acquisitions and to optimize the drilling/coring program.
Current plans would be a 3-5 well drilling and coring program with an additional 20 to 30 km seismic program to supplement the drilling and core data and thus continue to evaluate the potential resource.
Subsequent plans might be building of sufficient year-round access and infrastructure to support increased development, ongoing drilling and seismic to more fully define the reserve, a test pilot of a one or two well production program - to test for optimum methods of recovery - CCS - either vertical or horizontal or both, SAGD type enhanced recovery, Cold Flow, TIDE or other models.
Current typical costs for these types of production methods, at the commercial stage are around $25/bbl - thus a good return for initial production aiming at 18% primary recovery and cyclic steam at 30% recovery. As production in this area is still in the early stages, the anticipated recovery rates may increase with experience in working with these potential reservoirs.
Based on the results of the initial testing - secondary testing might include a full scale pilot of between 5000 to 8000 bbls/d.
Other Advantages to the Properties
Good infrastructure of secondary roads and highways, pipelines adjacent to properties.
Northwest of Peace River - well trained work force with lower costs than the Fort McMurray Athabasca oil sands.
Tamm Oil & Gas Corp. is publicly traded on the OTC Market under the symbol, “TAMO”, and within the OTC-QB market tier. As such, Business, Operational, and Financial information on TAMO is fully transparent and available to public view.
Visit: http://www.otcmarkets.com/stock/TAMO/company-info to see complete details.
Tamm Oil & Gas Corp. is Active on the Nevada Secretary of State site:
A/S: 750 Million
O/S: 92 Million
FLOAT: approximately 60 Million
(Please note the share structure posted is what we have gathered but can change on a daily basis. Contact the Company or Transfer Agent to get the most current information.)
Their latest 10-Q Quarterly Report:
Filed on 11/9/12 - For the period ending 9/30/12
Incorporated In: Nevada in 2007
Nevada Agency and Transfer Company
50 W. Liberty St. Suite 880
Reno, NV 89501
News Disclaimer: The following are Press Releases we came across on Yahoo Finance News (or wherever). We have no idea if the content of these news releases is based on Fact or Fiction. Although Yahoo Finance is a reputable company, you should NOT assume that a press wire hosted by Yahoo Finance is accurate, just because it is on their site. StockGoodies will not be held responsible for any news that is misleading or non-factual.
Business Wire ~ (October 25)
CEC North Star Energy Ltd. Announces Major New Advancements in Its Heavy Oil Project
Business Wire ~ (October 23)
TAMM Oil’s New JV Partner “Offers Significant Opportunities” for TAMM Oil by Controlling Major Oil sands Leases in Peace River, Alberta
MarketWire ~ (June 1)
TAMM Oil and Gas Corp. Provides Update to Its Oil Sands Projects
MarketWire ~ (January 23)
TAMM Oil and Gas Corp. Provide Updates and Analysis on Recent Advancements of Major Carbonate Projects and New Update to Its Manning Project
Tamm Oil and Gas Corp.
Steinhausen, Switzerland 6312
Previous Goodie Alerts!
$CNOZ 880% ~ $CWRN 5000% ~ $SAEI 5000% ~ $ILVC 777% ~ $FIND 657%
$NXOI 400% ~ $CURX 125% ~ $SUNB 70% ~ $GTRL 40% ~ $CSOC 70%
Goodies Newsletter Sign Up
WANT A QUICKER WAY TO GET OUR ALERTS?
TEXT "Stock" to 99000
Follow Us on Twitter
Follow StockGoodies Blog
Follow Us on Facebook
Follow Us on PennyStockTweets
As Always: Our Number 1 Priority is to educate. Penny stocks are very volatile. Always do your own Due Diligence.
Sources: http://bloomberg.com - http://finance.yahoo.com - http://businessweek.com - http://otcmarkets.com/marketActivity/current-otc-market
(these are only sources and not always up to date)
If you are new to trading penny stocks we strongly advise you to spend some time trading virtual money. They say that “You never really become a real trader until you wipeout your portfolio.” We say take that wipeout while not losing your real money.
Here are a few sites where you can easily set up a virtual account:
First check your broker. Some have them already like TD Ameritrade/Think or Swim