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Platinum Access Society, Inc. was created as a “Special Purpose Company” focused on the investment in and business development of new and established companies which have demonstrated characteristics for international growth. Platinum Access Society is poised to become one of the premier investment companies in the world.
Read MoreGMD Resources Announces First Test Well Drilling to Commence
GMD Resources Corp announced today that drilling is commencing for the first test well on its Homann Lease by engineering partner Dolberry Oil & Gas. Upon completion of the first test well, a second test well will begin in approximately 4 weeks time.
Geologists reports from the test wells’ will provide confirmation of the reserves of the existing fields. This information will support the previous reports that have been received from the geologists. Following the test results,GMD will commence the drilling of the 40 wells to be installed over the next 12 months. These 40 wells will form the first of four quadrants (160 wells) to be drilled over a 4 year period.
With worlds oil prices climbing and the turmoil in the Middle East it has never been more critical for the United States to produce its own oil. Based on 150 barrels a day, 40 wells can produce 2,190,000 barrels per year. With pricing at $100 a barrel, the revenue is $219 million a year. This will increase to nearly $1 billion a year after the wells in the 4 quadrants are completed.
GMD Resources is proud of its contribution to assisting the United States in becoming energy independent. As an example of America’s ability to stand alone, we encourage our readers to pass on to everybody the following information shown below. GMD believes that it is critical for the US to become energy independent. That is why we will continue to develop our fields and constantly be on the lookout for future opportunities.
VIEW PERMIT HERE:
GMD-Homann Unit 1 Permit
Cruz Construction started a division in North Dakota just 6 months ago.
They sent every Kenworth (9 trucks) they had in Alaska to North Dakota and Several drivers.
They just bought two new Kenworth’s to add to that fleet; one being a Tri Drive tractor and a new 65 ton
lowboy to go with it.
They also bought two new cranes (one crawler & one rubber tired) for that Invasion.
Dave Cruz said they have moved more rigs in the last 6 months in ND than Cruz Construction moved in Alaska in the last 6 years. “Williston is like a gold rush town; they moved one of our 40 man camps down there since there are no rooms available.”
Unemployment in ND is the lowest in the nation at 3.4 percent last I checked.
See anything in the national news about how the oil industry is fueling North Dakota’s economy?
Here’s an astonishing read. Important and verifiable information:
About 6 months ago, the writer was watching a news program on oil and one of the Forbes brothers was the guest. The host said to Forbes, “I am going to ask you a direct question and I would like a direct answer; how much oil does the U.S. Have in the ground?” Forbes did not miss a beat, he said, “More than all the Middle East put together.”
The U.S. Geological Service issued a report in April 2008 that only scientists and oil men knew was coming, but man was it big.
It was a revised report (hadn’t been updated since 1995) on how much oil was in this area of the western 2/3 of North Dakota, western South Dakota, and extreme eastern Montana
Check THIS out:
The Bakken is the largest domestic oil discovery since Alaska’s Prudhoe Bay, and has the potential to eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable (5 billion barrels), at $107 a barrel,
We’re looking at a resource base worth more than $5.3 trillion.
“When I first briefed legislators on this, you could practically see their jaws hit the floor. They had no idea..” says Terry Johnson, the Montana Legislature’s financial analyzer.
“This sizable find is now the highest-producing onshore oil field found in The past 56 years,” reports
The Pittsburgh Post Gazette.
It’s a formation known as the Williston Basin, but is more commonly referred to as the ‘Bakken.’ It stretches from Northern Montana, through North Dakota and into Canada .
For years, U.S. Oil exploration has been considered a dead end.
Even the ‘Big Oil’ companies gave up searching for major oil wells decades ago.
However, a recent technological breakthrough has opened up the Bakken’s massive reserves and we now have access of up to 500 billion barrels. And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL!!!!!!
That’s enough crude to fully fuel the American economy for 2041 years straight..
And if THAT didn’t throw you on the floor, then this next one should – Because it’s from 2006 !!!!!!
U.S. Oil Discovery – Largest Reserve in the World
Stansberry Report Online – 4/20/2006
Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world. It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. In three and a half years of high oil prices none has been extracted.
With this mother lode of oil why are we still fighting over off-shore drilling?
They reported this stunning news:
We have more oil inside our borders, than all the other proven reserves on Earth.
Here are the official estimates:
8 times as much oil as Saudi Arabia
18 times as much oil as Iraq
21 times as much oil as Kuwait
22 times as much oil as Iran
500 times as much oil as Yemen
And it’s all right here in the Western United States !!!!!!
HOW can this BE? HOW can we NOT BE extracting this? Because the environmentalists and others have blocked all efforts to help America become independent of foreign oil! Again, we are letting a small group of people
dictate our lives and our economy. WHY?
James Bartis, lead researcher with the study says we’ve got more oil in this very compact area than the entire Middle East, more than 2 TRILLION barrels, untapped. That’s more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.
Don’t think ‘OPEC’ will drop its price even with this find? Think again!
It’s all about the competitive marketplace.
Think OPEC just might be funding the environmentalists?
Got your attention yet? Now, while you’re thinking about it, do this:
Pass this along. If you don’t take a little time to do this, then you should stifle yourself the next time you complain about gas prices, by doing NOTHING, you forfeit your right to complain.
Now I just wonder what would happen in this country if every one of you sent this to everyone in your address book.
By the way, this can be verified. Check it out at the link below !!!!!!
http://www.usgs.gov/newsroom/article.asp?ID=1911
Global MD NOW readies for heavy Domestic Advertising Campaign
The 24/7/365 Doctor on call firm, Global MD NOW, is ready to launch their new advertising campaign in the coming weeks. Global MD NOW will utilize television for the expanded launch of their product offering upon successful testing through focus groups. This testing will confirm the initial results, and has proven to be quite satisfactory thus far. The television flight will be followed with an aggressive radio component on the CBS radio network in test markets. As well, social media is suspected to play a large role in the expanded launch phase. An international product is also being created utilizing over 30 languages to assist consumers in addressing this important need and will be added in a few months.
Platinum Access Society Inc. was created as a “Special Purpose Company” focused on the investment in and business development of new and established companies which have demonstrated characteristics for international growth. At this time, all parties involved with Platinum Access Society have placed collateral assets, operating companies, and their respective revenue activities into Platinum Access Society for the specific purpose to invest and develop the growth potentials of new and established firms, ultimately increasing the values and revenues of Platinum Access Society.
Read MoreGlobaliPrint and NHRA launch printing contract worth $13M-$15M/year
GlobaliPrint has announced that the agreement between them and NHRA (National Hot Rod Association) has been finalized. Expected revenues to GlobaliPrint have been estimated to reach $13 million in 2012 and rising to as much as $15 million in 2013 and 2014. This 3 year agreement is expected to be the catalyst for many other corporate programs that have been identified over the past few months in a number of various categories.
Platinum Access Society Inc. was created as a “Special Purpose Company” focused on the investment in and business development of new and established companies which have demonstrated characteristics for international growth. At this time, all parties involved with Platinum Access Society have placed collateral assets, operating companies, and their respective revenue activities into Platinum Access Society for the specific purpose to invest and develop the growth potentials of new and established firms, ultimately increasing the values and revenues of Platinum Access Society.
Read MoreFentress Fault Project Summary
FENTRESS FAULT PROJECT SUMMARY
CALDWELL COUNTY, TEXAS
GMD Resources has recently acquired an acreage position sufficient to drill and test at least two vertical test wells in the Fentress Fault Field in Caldwell County, Texas. The now 17 leases acquired were classified as a portion of the Priority “A” acreage of the more than 30,000 acre play along the Fentress Fault System. This system is located north of the Luling-Branyon Field which has to date produced more than 180,000,000 barrels of oil from the Upper Edwards Lime and Austin Chalk formations. It is our intent to further develop the previously untested sections of the Edwards Lime by the implementation and utilization of horizontal drilling techniques in conjunction with high output electronic submersible pumps (also known as ESP’s). Over the past several years the production output has grown exponentially in this area and has produced more than 15,000,000 barrels of oil by simply installing the ESP’s after having drilled and completed the wells horizontally. They continue to improve their daily output today through additional enhanced drilling and development technologies in the upper section of the Edwards alone.
With the help of a Certified Texas Professional Geoscientist and his crew, and months of extensive log comparison, core samples, mud log analysis and several other scientific applications, GMD has been able to determine that there are much greater reserves available to us than those that have been originally discovered. These potentially new reserves, we now know have never been produced from and therefore they can be classified as virgin reservoirs. These new reservoirs enable us to provide a unique opportunity to develop and produce from more than 100,000,000+ barrels of possible reserves in place over the next 10-15 years. To be able to take advantage of these newly discovered reserves, it will become necessary to implement an aggressive developmental plan of drilling a minimum of at least two new test wells horizontally within the first 30 days. Once the data from the test wells has been reviewed, it will then become necessary to implement the strategy of drilling and developing additional developmental wells along the existing fault line, while at the same time continuing to lease additional acreage for future development. This will allow GMD to implement a more aggressive drilling plan which will enable GMD to have drilled and placed into production more than 40 new wells within the field in the first year alone. Average new wells in this field typically produce 150-160 barrels of oil per day and historically have produced as much as 250,000 barrels of oil and still continue to produce today on a relatively flat decline curve. This enables us to forecast both reserves and revenues after each new well is brought into production over the life of the well.
By using these aforementioned results in our first year development plan to calculate revenues, we have surmised that by the end of our first year our daily production from 40 wells should be more than 6,000 barrels of oil. This equates to more than 180,000 barrels of produced oil per month. These numbers in today’s market would yield monthly gross revenue in excess $18,000,000 per month at $100 per barrel of oil. Using the average cumulative per well production figure of 125,000 barrels of oil during the first 30 months of production, the first 40 wells could reflect a return on investment of approximately $300,000,000 after only the first 3 years of production.
It is the geoscientist opinion that we can far exceed these numbers by developing the lower Edwards Lime on this acreage and by drilling at each end of the field and continuing to develop toward the center of the more permeable rock with even greater expectations. It is also the geologist opinion that by proving up the productivity of the Lower Edwards that the recoverable reserves in place can be expected to rise above the 500,000,000 barrel figure. It is the intent of GMD to retain the necessary professionals after the initial 2-3 wells have been drilled to ascertain the reserves so that they can be further documented as proven and producible reserves.
Gary Dolberry
President
GMD Resources Corporation
Executive Biography – Gary Dolberry, President of Dolberry Oil and Gas
Oil & Gas
Oil
Few inputs impact the world economy like the price of oil. Oil powers cars, trucks, boats, airplanes, and even power plants that make up the backbone of the global economy. As oil prices rise, costs go up for transportation companies, squeezing their profit margins and forcing them to raise prices, similarly affecting all the other companies that rely on them to transport products and people.
By contrast, most energy companies benefit from higher oil prices, either from higher revenues for oil, or because of increased demand for substitute energy sources such as ethanol and natural gas. The extreme volatility of this important economic input has piqued interest in issues like peak oil, speculation, and the world’s rising energy appetite, and is leading to greater investment in renewable energy.
Natural Gas
Increasing world demand for energy combined with supply constraints for oil and environmental concerns for nuclear and coal create a promising future for the natural gas industry.
According to the U.S. Energy Information Association, worldwide consumption of natural gas is projected to increase by nearly 64 percent between 2004 and 2030. Among the end-use sectors, the industrial sector remains the largest consumer of natural gas worldwide, accounting for 42 percent of the total increase in demand for natural gas between 2004 and 2030. Natural gas also is expected to remain an important energy source in the electric power sector, particularly for new generating capacity.
With U.S. consumption of natural gas projected to increase only slightly, the majority of the growth in gas consumption will happen internationally. However, the U.S. DOE’s projections assume large increases in production of coal and non-hydro renewables which have yet to prove themselves.
Read MoreTelehealth
Do you have a non-emergency medical question you want answered right way? Have you ever needed a non-narcotic prescription but can’t reach your doctor? You can’t afford to miss work, but don’t want to risk your health or the health of your family members?
If you are like most people, you’ve answered ‘yes’ to at least one or more of these questions.
Now, thanks to Global MD Now, there’s a nation-wide network of registered nurses and licensed medical physicians standing by to take your phone call. That’s right. Telehealth has finally come of age, and what’s more, Global MD Now makes personal physician phone consultations affordable, convenient and, equally important, fast and flexible enough to accommodate the full schedules and on-the-go lifestyles of today’s moms, dads, college students and business professionals. Global MD Now is available 24/7/365 from anywhere in the world. www.GlobalMDNow.com
Read MorePremier Printing
GlobaliPrint is intensely involved in the commercial, healthcare, retail and telecommunications industries, with an emphasis on supplying direct mail, packaging, commercial and industrial print, IT services, design, media asset management, distribution and mailing. www.GlobaliPrint.com
Best Form of Gold and Silver to Own
Reed Larsen, CEO of American Gold Reserve, asks David Morgan, Editor of the Morgan Report, “What is the best form of gold and silver to own?”
Read MorePhysical Gold over Paper Gold
Reed Larsen, CEO of American Gold Reserve, asks David Morgan, Editor of the Morgan Report, “What are the advantages of physical gold over paper gold?”
Read MorePrecious Metals and Currency Value
Reed Larsen, CEO of American Gold Reserve, asks David Morgan, Editor of the Morgan Report, “Is there a correlation between metals prices and currency value?”
Read MoreContact Us
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