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Monday, September 6, 2010

Tuesday's Watchlist

We're Baaaaacck!
Hope Everyone had a much well deserved and lovely Labor Day Vacation. It's back to the Daily Grind and the KINGZ know that our members are wondering what our next chest full of stock treasures behold. With out further a due the KINGZ bring to you:

QOIL - Gears up to Execute 2010 Exploration Program. 
On Friday, August 06, 2010, Quest Oil announced that it successfully completed the acquisition of B&B Oil, Inc. In an all share exchange transaction, Quest Oil acquired all of the outstanding shares of B&B Oil, a private, independent oil and gas exploration and development company based in Fredericksberg, Texas. Quest Oil now holds a 100% equity interest in and title to B&B Oil's assets. In management's view, B&B Oil's assets in the Midkiff and Hawkeye Fields in Texas are economically attractive and geologically sound properties that have significant upside development and revenue potential. From 2007 to the present, B&B Oil acquired oil and gas leases that consist of approximately 560 acres in Hawkeye Field and approximately 398 acres in the Midkiff Field in Eastland County, Texas. These properties include wells that are currently productive, and numerous prospects that management believe warrant further exploration and development. Productive wells on the leases will require relatively modest capital expenditures to generate cash flow from production.

The KINGZ found this little jewel hidden deep in our treasure chest over the Labor Day Holiday and just couldn't wait to announce to our members what we have unveiled. The KINGZ have a feeling that more news will be on the way and at .004/ps, is EXTREMELY undervalued and like taking candy from a baby.


http://www.otcmarkets.com/stock/QOIL/news

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