Neue Gasperle entdeckt!

Hot Stocks Investor - Torrent Energy für Mutige  

14:14 16.01.06  

Die Experten des Börsenbriefs "Hot Stocks Investor" empfehlen mutigen Investoren bei der Torrent Energy-Aktie (ISIN US89141B1089/ WKN A0B7RC) mit einer kleinen Position einen Fuß in die Tür zu stellen.

Das Unternehmen habe sich in den letzten Jahren die Nutzungsrechte im Coos-Bay-Becken an der Pazifikküste von Oregon gesichert, in dem es nach Expertenschätzungen Gas in Hülle und Fülle geben dürfte. Nach Schätzungen der unabhängigen Consulting-Agentur Sproule Associate könnten 2,5 Bio. Kubikfuß Gas in den gesamten Kohleformationen des Coos Bay Basin eingelagert sein. Wenn man diese Größenordnung auf die von der Gesellschaft erworbenen Flächen umrechne, könnten sich die explorierbaren Flächen Torrents auf bis zu 1 Bio. Kubikfuß Gas addieren. Sowohl der Gasdruck als auch die Gemischqualität mit einem Anteil von nur 3% Stickstoff würden für eine hervorragende Qualität zu sprechen scheinen.

Die Analysten von Cohen Independent Research hätten auf Basis dieser Eckdaten ein Kursziel auf Sicht von 12 bis 18 Monaten von 8,40 US-Dollar errechnet bei aktuellen Notierungen des Titels um 2 US-Dollar. Die Perspektive des Unternehmens stehe und falle mit den Ergebnissen der derzeitigen Erkundungsbohrungen, die das Papier zu den heißesten newsgetriebenen Stories machen könnten, die aktuell am Markt zu haben seien. Die Aktie werde spesengünstig auch im Freiverkehr der Berliner Börse gehandelt, jedoch sei hier wegen der teils dünnen Umsätze auf eine strenge Limitierung und kleine Ordergrößen zu achten.

Nach Ansicht der Experten von "Hot Stocks Investor" sollten mutige Investoren bei der Torrent Energy-Aktie mit einer kleinen Position einen Fuß in die Tür stellen.

Gerade bei ragingbull.com gefunden:

Still Very Upbeat, and Getting Very Interesting

I spoke with Torrent today and asked all your questions, personally they continue to look and feel good, got an optimistic feeling during the discussion.

The trip to NY & Boston - Dahlman Rose & Company mid and small-cap investor conference. TREN was there from Tuesday thru Friday, 2 days in each city promoting the company. It went extremely well with a lot of interest and Torrent was the talk of the conference, which was full of institution investors. I confirmed that a major company and potential partner was at the Torrent site all week looking at the projects with the execs and engineers. Torrent will joint venture with a partner because they do not have the necessary capital to go alone. Moving the project forward requires capital and resources to move forward ing a timely fashion.

Torrent has initiated the process to move to the Small Cap board on the AMEX and are investigating the minimum requirements. They would like to be moved in the next 4-5 months. But cannot say for certain at this point.

Torrent commenced swabbing (dewatering) and swabbing the first well today. The plan is to have 6 of 7 pilot wells completed in 90 days.

We can expect 3 key milestones within 90 days:
> a new Sproule report (soon) updating to additional acreage.
> completion of pilot holes and estimated production numbers.
> selection of a partner.

The move from Gustafson to Carlson is good for Torrent. Gustafson was wearing all the hats and was over loaded. Carlson is experienced, capable and spending 100% of his time on the project (this is a good thing). Note - Gustafson has been adding to his TREN stock portfolio.

Cascadia continues according to expectation, and a lot of geology is being done. Data is being loaded into software and interpretive analyses are being done. Cascadia is looking at possible acquiring for private acreage.

IMO with all the work being done and interest in this company this project continues to appear very bullish. We will know within 3 MONTHS whether we will be very )), or not happy  Personally, I'm staying long and feel pretty confident in a X2, or X3, or possibly X5 fold increase over current $2 PPS.

In drei Monaten haben wir die Entscheidung!
Bis dahin steht der Kurs aber schon bei 20 Euro, oder? ;-)

Bei schätzten 1,2 trillioncf Gas, wenn davon nur 1% sinnvoll gefördert werden könnten, wären das 1,2 Billioncf Gas. Wenn nach allen Kosten pro Mmcf nur 1 Cent übrigbliebe (z.Zt. 8 $) wären das 120 Millionen $. Bei z.Z. 30 Mio. Aktien also 4 $ EpS, das wäre aber schon ein Horrorszenario. Bleiben aber 1% des Gaspreises über, wären das 32 $. Damit wäre, meiner Meinung nach, eine jährliche Verdoppelung für die nächsten 3 Jahre drin. Das ist schon ein riesiges Potenzial! Mal angenommen, statt 1% bleiben 2%, 3%, 4%, 5%... oder sogar 25% übrig? --> So wird man also Millionär ;-)

Torrent könnte bereits im nächsten Quartal Gas fördern. Zum Vergleich: Sky Petroleum (ein Öl- und Gasunternehmen) hat letzte Woche mit der Errichtung von Bohranlagen begonnen und rechnet innerhalb von drei Monaten mit sprudelnden Ergebnissen ;-)

Wie aus der racing bull Meldung ersichtlich wird, beginnt Torrent gerade mit der Entwässerung und hoffen in 3 Monaten erste Erkenntnisse über Fördermengen dieser Bohrlöcher zu haben. Dann werden wieder neue Studien erstellt und danach die Infrastruktur.

Vorher (bald) werden wir aber schon den neuen Sproule report haben, der Aufschluss über neue mögliche Gaslager oder höhere als bisher bekannte Mengen bringen könnte.
Vielleicht wird auch die Suche nach einem potenten Partner bald abgeschlossen sein.( I confirmed that a major company and potential partner was at the Torrent site all week looking at the projects with the execs and engineers.)

Auch die Bemühungen um ein AMEX-Listing werden den Kurs beeinflussen. (They would like to be moved in the next 4-5 months.)

--> Das sind viele gute Gründe FÜR Torrent ;-)

doch Entscheidungen müssen immer wohl überlegt sein!

We are an exploration stage company primarily engaged in the exploration for natural gas from coal in the Coos Bay region of Oregon. Through our wholly-owned subsidiary, Methane Energy Corp. ("Methane"), we hold leases to approximately 101,000 acres of prospective natural gas from coal lands in the Coos Bay region. Methane operates the exploration project in the Coos Bay region. We changed our name from Scarab Systems, Inc. to Torrent Energy on July 13, 2004 to reflect the change in our business focus towards exploration for and production of natural gas from coal seams. The change in our business operations occurred as a result of our entering into a lease purchase and sale agreement, through Methane, on April 30, 2004. We were previously a web design and internet application developer.

Also ein Zock mit sehr großem Risiko!!!

Ich will die Aktie nicht mies machen und vielleicht ist es der Knaller schlecht hin; doch bin ich auch mehrmals auf Börsenbriefe hereingefallen die immer nur einen Teil des "Berichtenswerten" berichten...

Also viel Erfolg!

Gruß

Bow

Jede Aktie trägt in sich ein gewisses Risiko!
Aber du hast Recht: Torrent ist nichts für
Warmduscher! Das Risiko ist nicht gering, doch
dafür sind die Chancen um so größer!
Der Laden hat eine Marktkapitalisierung von
schlappen 40 Mio Euro! Da ist das Risiko nach unten
ziemlich begrenzt ;-) Und die Gewinnchancen nach
oben noch ziemlich grenzenlos :-)

Ab einer Marktkap von 400 Mio Euro können wir
uns wieder über das Risiko der Aktie unterhalten...

Im Moment aber überwiegen meiner bescheidenen
Meinung nach die Gewinnchancen! Der Durchbruch
wird schon VOR der ersten Gasförderung stattfinden!
Und zwar, wenn Torrent einen Joint Venture Partner
gefunden hat! Das einzige was denen bislang fehlt,
ist ein finanzkräftiger Partner! Jedes Unternehmen
braucht einen Großinvestor, wenn es ordentlich wachsen
will! Ohne Joint Venture Partner geht das kaum!

Torrent Energy ist eine bislang unentdeckte Gasperle,
die bald sehr sehr viel mehr wert sein dürfte...
Das hier sind Einstiegskurse, daher auch die Empfehlung
von "Hot Stocks Investor": "Mit einer kleinen Position
einen Fuß in die Tür stellen."

Ich bleib dabei: Bei Torrent überwiegen die Gewinnchancen!
Zuerst steigt ein Joint Venture Partner ein! Dann werden
die Banken auf Torrent aufmerksam. Dann folgen die Fonds
und weitere Investoren. Daraufhin springen die Analysten-
häuser mit auf den Zug auf und am Ende auch noch ein paar
Kleinaktionäre! Gut für alle, die schon von Anfang an dabei
sind ;-)

Also viel Erfolg!

Gruß

Solarparc

If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on relatively safe grounds as long as the future prices continue to trade above the benchmark price and if an emergency warning is not issued. What to do if you did not buy? Maybe you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well, it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions and still profit in case of a sustained bullish move.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred significantly on the short side last time, but we are sure that you may easily cover your losses (if any) by basing your future trades on our signal system.

Data provided by: End of Day Data

The Roll'n service rig #14 is scheduled to be moved from the Radio Hill pilot project site to the Beaver Hill pilot project site in a week's time to commence completion operations on the Beaver Hill #1 through #5 wells.

Methane's President, Steve Pappajohn, states, "We are very pleased with the preliminary results for this well completion and we have positive indicators of both water and gas inflow into the wellbore from a number of Lower Coaledo coal seams. These results, in our view, continue to support MEC's ongoing exploration efforts in the Coos Bay basin in Oregon. It will however take some time to complete the testing operations at Radio Hill and Beaver Hill and gather the necessary production and pressure data to fully interpret and understand the insitu characteristics of these Coos Bay basin coals."

About Torrent Energy Corporation

Torrent Energy Corporation is a growing exploration company focusing on developing non-conventional natural gas reserves. The Company's primary objective is to create value for the Company by applying strong technical expertise to projects. The Company's current focus is on the exploration of the Coos Bay Basin project in southwestern Oregon where the Company currently has a lease portfolio that includes over 112,000 acres of prospective land in the Coos Bay area. For more information please visit www.torrentenergy.com.

On behalf of the Board of Directors,

TORRENT ENERGY CORPORATION

John D. Carlson, President and CEO

Safe Harbor Statement: This news release includes statements about expected future events and/or results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements in this release include, but are not limited to, our expectation that swabbing operations will continue for a number of days; that we will establish a stabilized test rate; that bottom-hole pressure recorders will be run in the well and will record reservoir draw-down and build-up pressures; that we will conduct selective nitrogen stimulation utilizing a Halliburton coiled tubing unit scheduled to arrive on location in late February; that Roll'n service rig #14 is scheduled to be moved to the Beaver Hill pilot project site to commence completion operations there; and that results continue to support our ongoing exploration efforts. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, inability to maintain qualified employees or consultants, potential delays or obstacles in spudding and interpreting data, possible equipment problems and the likelihood that no commercial quantities of gas are found or recoverable. For more risk factors about our Company, readers should refer to risk disclosure in our 424 prospectus filed on Edgar on May 5, 2005.


Contact:

Torrent Energy Corporation
Bruce Nurse, 800-676-TREN (8736)
info@torrentenergy.com

gruß,
mike

Schlusskurs in Amerika $ 2,6
das heißt für morgen erst mal auf €2,15 aufholen

noch stark zugelegt...

Last Trade: 2.60
Trade Time: 3:59PM ET
Change: Up 0.17 (7.00%)
Prev Close: 2.43
Open: 2.49
Bid: 2.59 x 500
Ask: 2.65 x 500


gruß,
mike

Torrent hat noch zu geringe Umsätze, um über
die 10 Euro-Grenze katapultiert zu werden! Es
ist nur eine Frage der Zeit, bis das gelingt,
doch erst wenn solche Umsätze wie bei
Silverado Gold zum Beispiel einsetzen, wissen
wir, dass es nachhaltig nach oben geht!

Wir befinden uns noch immer in einem intakten
Aufwärtstrend. Um da raus zu brechen brauchen
wir schon etwas mehr Publicity bzw. einen
Joint Venture Partner  ;-)

Es hätte mich auch gewundert, wenn wir so easy
über die 2-Euro Marke gestiegen wären... bei
so schlappen Umsätzen! Da kommt bald viiiiiel
mehr!!!

... Torrent wurde schon letztes Jahr im April von InvestorAlert empfohlen und ich muss sagen, es ist bisher alles so eingetreten wie angenommen. Kursziel 1,75 auf 6 Monate war schon im Juni erreicht, steil gings bergauf und hat dann konsolidiert (vielleicht ist einigen auch die Zeit zu lang geworden). Ich sitze seitdem auf ein paar guten K Stück und werde vielleicht nochmal einige dazulegen. Weiterhin gutes Gelingen ... wünscht allen engineer68

die ammis schlossen bei $ 2,69 das entspricht €2,23!!

Torrent befindet sich gerade in Phase 1 von 4:

Phase 1: Investoren steigen bei Vedron ein, da sie mit einer überdurchschnittlichen Geschäftsentwicklung rechnen!  --> Der Kurs steigt! (4$)

Phase 2: Ein Joint Venture Partner beteiligt sich mittels Kapitalerhöhung mit (sagen wir mal) 35% an Torrent!  --> Der Kurs steigt! (8$)

Phase 3: Analystenhäuser und Banken beteiligen sich aufgrund der guten Nachrichten bei Torrent!  --> Der Kurs steigt! (15$)

Phase 4: Dank Aktienempfehlungen steigen Kleinaktionäre bei Torrent ein! --> Der Kurs steigt! (25$)

----> Torrent Energy gibt Gas! Und zwar immer mehr!

Global Insider Investing - Torrent Energy für Mutige  
10:03 06.02.06  

Die Experten von "Global Insider Investing" empfehlen mutigen Anlegern in die Aktie von Torrent Energy (ISIN US89141B1089/ WKN A0B7RC) einzusteigen.

Der Junior-Explorer habe sich in den vergangenen Jahren die Nutzungsrechte im Coos-Bay-Becken an der Pazifikküste von Oregon gesichert, einem Gebiet, welches für Kohlelagerstätten bekannt sei. Enttäuschende Ölbohrungen hätten dieses Gebiet aus dem Radar der großen Explorer verschwinden lassen, was sich als voreilig herausstellen könnte. Neuen Expertenschätzungen zufolge gebe es nämlich Gas in Hülle und Fülle. Bis zu 2,5 Billionen Kubikfuss Gas könnten nach Schätzungen der unabhängigen Consulting-Agentur Sproule Associate in den Kohleformationen des Coos Bay Basin eingelagert sein. Rechne man diese Größenordnung auf die vom Unternehmen erworbenen Flächen in diesem Bereich um, könnten sich die Vorkommen der Gesellschaft auf bis zu 1 Billion Kubikfuss Gas addieren. Bereits in 2007 könnte die Produktion anlaufen.

Vor diesem Hintergrund hätten die Analysten von Cohen Independent Research den Wert von Torrent errechnet. Auf Sicht von Zwölf bis 18 Monaten rechne man mit einem Kursziel von 8,40 USD bei aktuellen Notierungen des Titels um 2,50 USD. Präsident und CEO Mark Gustafson sowie der für die Exploration zuständige VP David May hätten am Markt zusammen für gut 90.000 USD eigene Aktien erworben.

Die Experten von "Global Insider Investing" raten in die Torrent Energy-Aktie einzusteigen.

Die Analysten von Cohen Independent Research haben den Wert von Torrent errechnet:

"Auf Sicht von Zwölf bis 18 Monaten rechne man mit einem Kursziel von 8,40 USD bei aktuellen Notierungen des Titels um 2,50 USD. Präsident und CEO Mark Gustafson sowie der für die Exploration zuständige VP David May hätten am Markt zusammen für gut 90.000 USD eigene Aktien erworben.

Die Experten von "Global Insider Investing" raten in die Torrent Energy-Aktie einzusteigen.

Was ist denn da so schnell passiert? Da haben sich aber sehr viele auf einmal eingedeckt, oder?

Wir gehen runter auf 2,10 Euro.
Dann schnelles Aufprallen und
Hochspringen auf 2,80 Euro!
Im März sind wir dann glücklich
zweistellig ;-)

"Usbekistan hat im Jahr 2005 59,68 Mio. m³ Gas produziert, was einem
Rückgang um 0,3 % entspricht. Das Land verfügt schätzungsweise über
Gasreserven in Höhe von 6,25 Bio. m³, mit denen man die gesamte Welt für ca.
2 Jahre versorgen könnte..."

Torrent soll ja angeblich auf ein Gasfeld von 1 Bio Kubikmeter Gas gestoßen sein.
Das wären dann rund 1/6 der gesamten Gasreserven Usbekistans oder anders ausgedrückt:
Genug Gas, um Russland, die USA, Europa, China,... und die ganze Welt für 4 Monate komplett mit Gas zu versorgen!

Nicht schlecht! Ich finde diese Größenordnung ganz ok ;-)

der sollte sich auch mit den dort gängigen Maßeinheiten auskennen. Ein KubikMETER entspricht 35,52 KubikFUSS,

somit reicht der - theoretische - Vorrat wohl keine drei Tage...

Texöhgoiuhgzozhgp

Ich denke, wer die gesamte Welt wenn auch nur drei Tage mit Gas versorgen kann..... Hut ab, da sollte man investieren, ob man sich in anglo-amerikanischen Einheiten auskennt oder auch nicht....Ich denke das war das, was Solarparc sagen wolte, oder? Auch wenn es bei Silverado heute sehr aufwühlend war (bin bei 0,13 nochmal wieder rein. dennoch eine gute Nacht!

kurs noch bis ca 1,75€ rutschen?

bin bei 2,10 ausgestoppt worden
aber werden den wert weiter im auge behalten

But in this case, they're actually finding little water. What's more, the county where the fields are located needs water so badly, its sanitation crews are willing to deal with the contamination - just so they have extra water to use. So that's a win on two counts.

The second concern is pipeline access. If the field is out in the boondocks, pipeline costs can kill you. But in this case, Northwest Natural Gas already has a 12" pipeline, running right down the middle of this company's field.

...

This little company has drilled seven test wells so far - all with one rig and crew. And they need about $20 million from a partner to really get the field up and running. But that should be NO problem.

After all, the " smart money" in energy has already staked its claim in this company.

The biggest stockholder is Wellington Trust, which runs $400 billion. They own 14% of the float.

Dan Pickering (of Pickering Capital) is an oil-patch guy we have tons of respect for. He has been an investor in many of our winning plays in gas and oil (like ATP Oil and Gas (ATPG), PetroQuest (PQ), Meridian Resources (TMR), and more.)

Pickering owns about 4% of this firm's stock - something I consider a real vote of confidence.

What's more, management - with very strong track records in the energy patch - also owns 12% of the stock -- so they're putting their own money right alongside ours. And I sense we're all going to be winners - BIG WINNERS.

*** Even using conservative numbers, I easily get a $600 million valuation for the stock - with an under $70 million market cap today.

*** We have very experienced energy pros running the company and BIG TIME energy investors along side us.

*** And we're investing in a huge gas field -- with very long lived formations -- that should be eventually sold to an energy trust --at a VERY big number.

If you're a serious growth investor, buy this stock at 3 bucks for a ride to $15-$20, or more.

END OF CHANGEWAVE EMAIL

Toby Smith führt in Amerika eine recht bekannte und wohlhabende Gruppe von ca. 2000 Investoren als " Guru" an. Normalerweise wird seinen Ratschlägen bling gefolgt.

Grundsätzliche Meinung von Ihm zu Torrent ist wie bei den anderen Analysen, das Torrent sich verzehnfacht, WENN (und das sieht er auch als keineswegs sicher) das Gas gefördert werden kann.

Sollte ein Joint Venture Partner gefunden werden (und es gibt bereits zahlreiche Interessenten), ist der Erfolg zu gut wie sicher.

Die mail von Toby Smith (siehe oben 26.) scheint zu wirken ;-)

Zweiter Anlauf auf die Höchstmarken: In
Frankfurt 2,60 Euro, an der Nasdaq 3,00
Dollar! Schätze, wir springen dieses
Mal drüber! (So wie bei Itelligence ;-))

Dann starker Anstieg um nochmal 30% -
dann kommt die kurze Konsolidierung Richtung
3,00 Euro und dann endgültig HOCH
Richtung 10 Euro!!!

Wir sind in Phase II von IV! Die Großinvestoren
beginnen, sich bei Torrent einzukaufen! Zuerst
an der Nasdq, dann in Frankfurt! Die nächsten
Wochen werden spannend! Toby Smith sei Dank ;-)

Hab das hier gefunden, Torrent wird dort genannt:

biz.yahoo.com/opt/060218/...3d81eadff907a2286c29e0a9.html?.v=1

Optionetics.com
CRUDE REALITIES: Whats Going On with Oil? , Tom Gentile, ProfitStrategies.com
Saturday February 18, 12:00 am ET

Recently President Bush expressed his concern about America being addicted to oil.  Let's talk about this challenging issue for a moment. Consider the fact that our country actually does start to conserve oil.  I know a lot of families that are doing it now. But the question posing me is how will all this conservation and warm weather help us in the long-term?  What about China and India?  And what about the future of weather and the Middle East?  Let's take a look at these controversial issues and what can be done about them…  

BIG OIL
# Royal Dutch Shell the amalgamation of two industry icons-Royal Dutch and Shell Oil-is yet another example of the only way big oil companies can grow.  But please consider that at current production rates Royal Dutch Shell will reach reserve depletion and be out of business in 9 years.
# Exxon/Mobile with 22.2 billion barrels in reserves will, at current production rates, be depleted in 14 years.  
# Chevron/Texaco's total reserve base is about 5 billion barrels of oil equivalent, with a! reserve life of 12.4 years.    
# Conoco/Phillips has a total oil equivalent reserve base of 8.7 billion barrels and a reserve life of 15 years.  

Are you starting to get the picture? A decade, perhaps a little more, and the big oil giants will be out of business if they can't replace reserves. From the look of things, reserve replacement will escalate dramatically in degree of difficulty.  Big oil's strategy right now is to buy natural gas reserves and acquire natural gas companies to increase their reserve base-not in oil, but in oil equivalent numbers.

Back to China and India… Between the two countries there are 3 billion people and most of! them don't have cars, or homes with heating and air conditioning, or a million other things we take for granted. But they want these things. Their respective governments want them as well, and that desire won't go away. It is, in fact, growing.

Energy, oil and gas are in a long-term mega-trend. Are they headed higher? Don't let short-term seasonal price swings sway your long-term outlook. I think anything in the production and drilling sector has long-term growth, simply from the future of the price of oil. Here are a few ideas to turn long-term Gold Medal in Oil!!!

1.  Good fundamentals – The Gold Medal has to go to Transoceanic RIG.  It has now pulled back nearly 50% of the levels and this could be a great area of support…


2.  And the Silver Medal goes to…  Valero Energy (VLO).  In the short term, this chart is moving backwards, but the long-term outlook continues to look strong.  

3.  The bronze is for a small wildcat company that is looking to profit in the long term. Torrent Energy (TREN), is tradewd on the OTCBB. Torrent is owned by Methane Energy, who is in the natural gas business. Torrent is in the Natural Gas Drilling division and just recently hit a gas well that has exceeded its expectations.  They have just hit this well, and should have results within 60-90 days. If the test is successful, this could be a $8-10 stock. Because this is a penny stock, it may not trade on the electronic exchange…  I have to phone in my orders fo! r penny stocks.  Limit orders are a must folks!!!  I must state on the program that I own a few thousand shares of this stock…

Alternate Strategies include using the OIH as an oil play. OIH is the Oil Service Holdings, which represent a basket of Oil Service Companies. This is much like an index, where you have diversification through several stocks.  It has a great chart, recently pulled back, and primed for the long term to move higher…  


GOLD

Gold has also moved back and I have gotten a lot of questions on this subject.  Let's look at Gold itself…  

The price of Gold is pulling back and looks to put in support around the 480 to 500 an ounce area.  Now you don't have to be a futures trader to trade Gold… we can do this in ! our equity accounts.  If the price of Gold pulls back it wil l offer some great long term plays…  And the medal ceremony continues…

Gold Medal goes to Goldcorp (GG), one of my favorite Gold stocks.  True, it's in a pullback but could be hitting support levels now.  I suspect that Gold Corp has hit a potential bottom and could move up from here with 30-32 as the longer term resistance.

Silver Medal is awarded to the Streettracks Gold (GLD).  This thing moves just like the price of Gold, but trades at 1/10th the price.  So if the pri! ce of Gold is at 550 per ounce, GLD trades at just 55 a share.  If you like the long term aspect of owning Gold, this is the way to do it without opening a commodities account.  

Bronze Medal is awarded to Harmony Gold (HMY).  Harmony actually came in a bit below expectations which is the reason for the drop off, but it still remains a strong play for gold.  Harmony offers the lowest risk and highest reward based on its recent down move…

Tom Gentile
Chief Strategist
Profit Strategies Group, Inc.



And n! ow, Market Correspondent Jeff Neal talks about the need for Religion…

True Religion

The specialty retailer True Religion Apparel Incorporated (TRLG) is making a big splash in the market with their premium clothing line. The company, through its wholly owned subsidiary Guru Denim, Inc., designs, develops, manufactures, markets, distributes and sells high fashion denim apparel. Under the brand name "True Religion Brand Jeans" the company's clothing line includes jeans, skirts, denim jackets and tops in the United States, Canada, the United Kingdom, Europe, Mexico and Japan.

True Religion Apparel markets very expensive jeans that often sell for in excess of $300.  Upscale retailers such as Barney's New York, Bergdorf Goodman, Neiman Marcus, Nordstrom, Saks! Fifth Avenue and about 500 high-end boutiques nationwide sell True Religion's merchandise.  The stock recently received a boost after three brokerage firms projected strong growth driven by the recent popularity of "premium" denim jeans, new products like fleece tops and expected international growth.  

The company not only has premium offerings for the men's and women's marke,t but also the very lucrative kids market as well. True Religion offers corduroy jackets and denim jeans for both boys and girls.

The last earnings announcement showed True Religion's revenues totaling $77.1 million, up from $14.1 million. Net income totaled $15.8 million, up from $1.7 million. According to management, the revenues reflect the growth of the company's brand and its markets. During the past four quarters, the company's earnings-per-share rose 560% and its sales rose 376%. Despite this incredible sales and earnings growth, the stock trades at less than 15 ti! mes next year's earnings.  The company also recently raised its earnings forecast.

The stock has options but it should be noted that they can be thinly traded at times, primarily because it is a micro-cap stock. Currently the True Religion stock does not have LEAPS options but does offer enough action in the existing options market to put on short- to intermediate term-positions. For the most part, over the past three months the stock has been appreciating steadily, as can be seen in Figure 1, before it recently experienced a bit of a pullback. Also, for the short-term, the stock looks pretty good technically as a Wave-4 buy pattern set-up is forming.  


Jeff Neal
Profit Strategies Market Correspondent
Profit Strategies Group, Inc.

23.2.2006

Die Bestände an Erdgas in den Vereinigten Staaten sind in der vergangenen Woche um weitere 3,4 Milliarden Kubikmeter zurückgegangen. Dies meldete heute das US-Energieministerium. Zum 17. Februar verfügte das Land damit noch über 60,7 Milliarden Kubikmeter. Dieser Wert lag aber nach wie vor 11,6 Milliarden Kubikmeter oberhalb des Vorjahresniveaus und 19,6 Milliarden Kubikmeter über dem 5-Jahres-Mittel.An der New York Mercantile Exchange verbilligt sich der März-Erdgaskontrakt aktuell um 10,3 Cents auf 7,18 Dollar.

habe die Aktie seit 28.01.06 und konnte vor paar Tagen noch guten Gewinn machen. Ich verstehe nicht wieso sie in kurze Zeit so stark an Wert verloren hat.

Torrent's President and Chief Executive Officer, John Carlson, states, "We have now accessed multiple coal seams in all our pilot project wells and we continue to see encouraging first stage results. The next stage of our completion operations at the Beaver Hill and Radio Hill pilot projects will include high rate nitrogen stimulations commonly used to enhance well productivities in coal seams. Testing results will confirm both the technical and economic viability of our Coos Bay project. It is necessary, however, to give the wells a reasonable period of production testing to determine both the well capabilities and reservoir mechanics, as well as the ultimate effectiveness of the nitrogen stimulation."

About Torrent Energy Corporation
Torrent Energy Corporation is a growing exploration company focusing on developing non-conventional natural gas reserves. The Company's primary objective is to create value for the Company's stakeholders by applying strong technical expertise to projects. The Company's current focus is on the exploration of the Coos Bay Basin project in southwestern Oregon where the Company currently has a land portfolio that includes over 112,000 acres of prospective land in the Coos Bay area. For more information please visit www.torrentenergy.com.

On behalf of the Board of Directors,

TORRENT ENERGY CORPORATION
John D. Carlson, President & CEO

For more information contact:
Bruce Nurse, Corporate Communications
info@torrentenergy.com
1-800-676-TREN (8736)

danke für Info.

Seit Februar geht es nur noch bergab. Da hilft kein Schönreden. Postive Nachrichten bleiben aus. Fragt sich nur ,wo der Boden ist ? Torrent ist hochspekulativ.  

bore. Each well has been produced at stabilized rates
for various periods of time and each well has
produced for a maximum period of at least ten hours
prior to the tubing installation. Fluid levels are
continually monitored in each wellbore with an
Echometer. While fluid inflows have been recorded in
a number of the wells no formation water has been
produced to date at surface when the wells have
been flow tested. Hydraulic pump-lift systems are
scheduled to be installed in each well in the near
future.

The Roll’n service rig is scheduled to be on location
for another 10 days completing swabbing operations
and pump and rod installations and then released
from location. Thereafter, the wells will be flowed
selectively to facilitate the acquisition of additional
production and pressure data.

Sproule Associates Inc. has completed their revised
resource assessment for the Methane leases in Coos
County and they have increased their base case
resource by 11% to a total of 1.2 TCF. In their
resource assessment it is assumed that the coal
cleat system is water filled, therefore there was no
free gas in the coals associated with this resource
assessment. Results in the field, while still
preliminary, have indicated that we may be operating
in an environment with minimal water production from
the various Lower Coaledo coals which could
translate into a free gas component and a higher
ultimate resource base. The Sproule resource
assessment will be posted on the Torrent web site in
the near future.

Torrent President and Chief Executive Officer, John
Carlson, states “We see the opportunity for a
significant gas resource base in Coos County that
has continued to increase in size over time. We are
encouraged that each of our pilot wells is capable of
producing at sustained gas rates. We will continue
with production testing operations during the next
few months to further expand our technical
understanding of the various Lower Coaledo coal
reservoirs. As with all North American coal bed
methane projects, instant production results and
understanding of reservoir characteristics are seldom
the norm and patience is required to develop a
complete reservoir and production model for a
specific coal basin. We are prepared to stay the
course and the early production data in conjunction
with the Sproule resource assessment supports our
plans to continue with further exploratory and
development drilling throughout the Coos County
Basin during our current fiscal year. The Company is
developing a significant asset base in Coos County
and we look forward to another season of drilling,
completion and testing of additional wells in the
basin. The Company will further delineate the various
coal seams of interest, develop repeatability of the
drilling process and optimize drilling and completion
operations to ensure the next round of wells are
drilled on a more efficient and cost effective
basis“.

About Torrent Energy Corporation

Torrent Energy Corporation is a growing exploration
company focusing on developing non-conventional
natural gas reserves in the Northwestern United
States.  The Company’s primary objective is to
create value for the Company’s stakeholders by
applying strong technical expertise to projects. The
Company’s Oregon subsidiary, Methane Energy’s,
current focus is on the exploration of the Coos Bay
Basin project in southwestern Oregon where the
Company currently has a land portfolio that includes
over 114,000 acres of prospective land in the Coos
Bay area. The Company’s Washington subsidiary,
Cascadia Energy, is focused on two projects in
southwestern Washington State where it hold
substantial lease and lease option commitments.

For more information please visit
www.torrentenergy.com.  

Die Meldung ist zwar da, aber los geht leider noch nichts.

Mfg

Mr. Lansing’s extensive experience as a senior executive allows Torrent’s President and Chief Executive Officer, John Carlson, to state "Our team needed an independent perspective plus unique insight and experience to help grow the Company’s assets in the Pacific Northwest. Bill brings us exactly that." George Hampton III, director of Torrent, also comments “Mr. Lansing is a welcome addition to the board of Torrent. I look forward to working closely with him as we continue to grow the coal seam gas project in Coos Bay Basin and our other exciting prospect in Washington State. Bill's local business knowledge and experience working in the timber industry will be a tremendous help to us as we move forward in the region.”

Regarding his decision to join the board of Torrent, Mr. Lansing indicates “Working with technical experts on the coal resources beneath the Menasha Forest Products Corporation timberlands in Coos County for the past 36 years, I believe that given the right technologies and expertise that these assets will be developed. I just finished writing a book on the local area and that research further gave credibility to the efforts being planned by Torrent Energy. I have met a few of their executives and read the biographies on the others and I think this group of professionals will make Coal Bed Methane in the West a reality.”

About Torrent Energy Corporation

Torrent Energy Corporation is a growing exploration company focusing on developing non-conventional natural gas reserves in the Northwestern United States. The Company’s primary objective is to create value for stakeholders by applying strong technical expertise to projects. The focus of the Company’s Oregon subsidiary, Methane Energy Corp., is on the exploration of the Coos Bay Basin project in southwestern Oregon where the Company currently has a land portfolio that includes over 116,000 acres of prospective land. The Company’s Washington subsidiary, Cascadia Energy Corp, is focused on two projects in southwestern Washington State where it hold substantial lease and lease option commitments.

For more information please visit www.torrentenergy.com.

On behalf of the Board of Directors,

TORRENT ENERGY CORPORATION
John D. Carlson, President & CEO

For more information contact:

Bruce Nurse, Corporate Communications
info@torrentenergy.com 1-800-676-TREN (8736)

Safe Harbor Statement This news release includes statements about expected future events and/or results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements in this release include, but are not limited to, that we will grow our assets in the Pacific Northwest; that we will grow the coal seam gas project in Coos Bay Basin and our other prospect in Washington State; and that Bill's local business knowledge and experience working in the timber industry will be a tremendous help to us.. . It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include the possibility that we are unable to maintain Bill as a director, that he is unable to dedicate the amount of time necessary to make a valuable contribution to us; that we are unable to fund additional asset growth; and the likelihood that no commercial quantities of gas are found or recoverable. For more risk factors about our Company, readers should refer to risk disclosure in our recent forms 10-KSB and 10-QSB filed with the SEC on Edgar.


info@torrentenergy.com  

project in Coos Bay Basin and our other exciting
prospect in Washington State. Bill's local business
knowledge and experience working in the timber
industry will be a tremendous help to us as we move
forward in the region.”

Regarding his decision to join the board of Torrent,
Mr. Lansing indicates “Working with technical experts
on the coal resources beneath the Menasha Forest
Products Corporation timberlands in Coos County for
the past 36 years, I believe that given the right
technologies and expertise that these assets will be
developed.  I just finished writing a book on the local
area and that research further gave credibility to the
efforts being planned by Torrent Energy.  I have met
a few of their executives and read the biographies on
the others and I think this group of professionals will
make Coal Bed Methane in the West a reality.”´

About Torrent Energy Corporation

Torrent Energy Corporation is a growing exploration
company focusing on developing non-conventional
natural gas reserves in the Northwestern United
States.  The Company’s primary objective is to
create value for stakeholders by applying strong
technical expertise to projects. The focus of the
Company’s Oregon subsidiary, Methane Energy Corp.,
is on the exploration of the Coos Bay Basin project in
southwestern Oregon where the Company currently
has a land portfolio that includes over 116,000 acres
of prospective land. The Company’s Washington
subsidiary, Cascadia Energy Corp, is focused on two
projects in southwestern Washington State where it
hold substantial lease and lease option
commitments.

For more information please visit
www.torrentenergy.com.

On behalf of the Board of Directors,
TORRENT ENERGY CORPORATION

John D. Carlson, President & CEO

For more information contact:
     
Bruce Nurse, Corporate Communications
info@torrentenergy.com
1-800-676-TREN (8736)

Da war ich wohl ausnahmsweise ein bisschen zu langsam ;-)
Gut gemacht 14Landser !!!

Ich hoff nur mal das es dem Kurs endlich mal was bringt. Nach allem was ich gelesen hab waren die Abwärtsbewegungen bei Torrent auf den sinkenden Gaspreis zurückzuführen. Hoffentlich stimmt das auch.

Mfg

... also ich glaube eher, dass Kicky mit der Info bezüglich der Entlassung von Ernst & Young ins Schwarze getroffen hat. Man entlässt nicht seine Wirtschaftsprüfer, die berechtigte Zweifel am Fortbestand des Unternehmens haben, sondern man setzt sich mit denen hin um eine neue Strategie zu entwerfen. Tja, hier haben meine Sicherungssysteme versagt, bin schon lange dabei (seit EK 1,50€ = Sept.05), nun aber ist dass Ding durchgerauscht und es wird wohl kein halten mehr geben.
Die Entscheidung tut Not ...meint engineer68

Dennoch haben wir ja in den USA mal gut im plus geschlossen, bei sehr hohem Volumen. Was verkauft wurde wurde auch wieder gekauft. Montag gehts erstmal hoch. Wies dann in den USA aussieht werden wir sehen. Etwas skeptisch stehe ich dem ganzen auch noch gegenüber, warte  aber erstmal auf den SK vom Montag. Sollte sich fortsetzen das es immer einen Tag hochgeht, und dann mehrere runter hab ich auch bald keine Lust mehr.

Mfg

1.845      =====> ca 1.44 Euro ====> real etwa 10% im PLUS
          §
TREN - TORRENT ENERGY CORP
Change:
+0.10
          §
% Change:
+5.75%
          §
High:
1.85
          §
Low:
1.615
          §
Volume:
3,108,336
Price Data Table
      Open§1.73
Previous Close 1.845
Exchange of Last Sale OTCBB
Time of Last Sale 23:59:30
      Tick Unchanged§
       Bid      1.84§
       Ask§
Size Bid/Ask 5x5
Symbol Type Equity

Kicky ist ein Basher! Vielleicht sogar
ein Shortseller! Kicky taucht immer auf,
wenn es irgendwo runter geht! Dann verbreitet
der Typ Angst und Schrecken, damit die Anleger
verunsichert werden und der Kurs noch weiter runter
geht! Dann können Kicky & Co. ihre Aktien günstig nachkaufen!

Vergiss Kicky! Wenn Kicky sich meldet, geht es meistens BERGAUF! :-)
Bei Silverado Gold war es schon dasselbe! SWAY und andere können ein
Lied von Kicky singen! Nichts als Schwarzmalerei! Wenn ich mich auf
eine Analyse verlassen kann, dann die: Kommt Kicky, geht der Kurs rauf :-)

In Amiland gab´s gegen Ende
des Tages eine richtige Kurs-Rallye!
Vielleicht springen wir heute noch hoch
auf 2,00 Euro! Da ist was im Busch!!!

Vielleicht neue Bohrergebnisse!
Oder ein neuer Investor!

RT 1,93 (+5%)

Last:

1.93  tren - TORRENT ENERGY CORP
Change:

+0.08  % Change:

+4.34%  High:

0  Low:

0  Volume:

31,290  
www.pcquote.com (Symbol: tren)
www.pcquote.com/stocks/quote.php?symbol=tren

Wie bereits erwähnt! Sobald der Typ
Namens Kicky kommt, und Unsicherheit
verbreiten will, dann steigt der Kurs ;-)

Das ist die Kicky-Regel hier im Forum!
Mit Silverado war es dasselbe!!! Schon
über 35% Plus seit der letzten "Warnung" :-)

... schade, ... ich hatte gedacht Kicky ist ne tolle Kirsche und ich könnte auf diesem Weg mit "ihr" anbendeln.  ... ist ja grade nochmal gut gegangen und meine TORRENT liegen noch im Depot. ... Wie man sich aber auch täuschen kann ........................ thanks to all and keep strong

engineer68

Mega Rebound :-)

und mal wieder ein paar Prozente. Kommt da bald was?

Mfg

auf Americanbulls

americanbulls.com/...CompanyTicker=TREN&MarketTicker=OTC&TYP=S

Mfg

FOR IMMEDIATE RELEASE

TORRENT ENERGY POSTS RESOURCE REPORT OF 1.2 TRILLION CUBIC FEET ON WEBSITE AND PROVIDES UPDATE ON JOINT VENTURE PARTNER SEARCH


Seattle, Washington – May 9, 2006 – Torrent Energy Corporation (the “Company”) (OTCBB: TREN) is pleased to announce the following developments from its wholly owned operating subsidiary, Methane Energy Corp. (“Methane”).
According to Sproule Associates Inc. the latest estimate of gas in place for the Methane Coos Bay project is approximately 1.2 tcf (trillion cubic feet). This resource assessment assumes that the coalbeds are “wet”, meaning that water would have to be produced with the gas. Recent experience at the pilot wells indicate that there is minimal or no water being produced along with the gas that is being temporarily flared, which may result in a significantly higher gas in place estimate. Please see the “Operations” section under www.torrentenergy.com for a copy of this report.

The search for an appropriate joint venture partner to assist Methane in the development of the Coos Bay project continues. A number of coalbed methane operators from Canada and the United States have toured the Coos Bay project and reviewed the project’s technical data. There has also been significant interest from these operators in the Company’s Washington project, which includes approximately 115,000 acres under lease and option. The Company is continuing its discussions with qualified parties.


About Torrent Energy Corporation

Torrent Energy Corporation is a growing exploration company focusing on developing non-conventional natural gas reserves in the Northwestern United States. The Company’s primary objective is to create value for stakeholders by applying strong technical expertise to projects. The focus of the Company’s Oregon subsidiary, Methane Energy Corp., is the exploration of the Coos Bay Basin project in southwestern Oregon where the Company currently has a land portfolio that includes over 116,000 acres of prospective land. The Company’s Washington subsidiary, Cascadia Energy Corp., is focused on two projects in southwestern Washington State where it hold substantial lease and lease option commitments.

For more information please visit www.torrentenergy.com.

On behalf of the Board of Directors,

TORRENT ENERGY CORPORATION
John D. Carlson, President & CEO

For more information contact:

Bruce Nurse, Corporate Communications
info@torrentenergy.com
1-800-676-TREN (8736)


Safe Harbor Statement This news release includes statements about expected future events and/or results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements in this release include, but are not limited to, that an estimate of gas in place for the Methane Coos Bay project is 1.2 tcf (trillion cubic feet) or higher if no water is produced; and that we are continuing discussions with qualified parties to be our joint venture partner. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward- looking statements. Factors that could cause actual results to differ materially include the uncertainty of the requirements demanded by environmental agencies, the Company’s ability to raise financing for operations, inability to maintain qualified employees or consultants, inability to reach agreement with potential joint venture partners, potential delays or obstacles in drilling, spudding and interpreting data, and the likelihood that no commercial quantities of gas are found or recoverable. For more risk factors about our Company, readers should refer to risk disclosure in our recent forms 10-KSB and 10-QSB filed with the SEC on Edgar.

Mfg

Da 14Landser schneller war, hier nur
die Zusammenfassung der boooooomastischen Nachricht:

--> Gasvrokommen steigen auf 1.2 TRILLION CUBIC FEET !!!
--> Viele interessierte potenzielle Investoren von Kanada bis Amerika haben sich zu Coos Bay begeben, um technische Daten zu Torrent´s Methane Projekt zu sammeln!
--> Es scheint, als ob Torrent in eine erfolgreiche Zukunft blicken kann!

alles mal klappt bei denen. Will die 2,50 Euro wiedersehen, und dann 10 oder mehr. :-)

Mfg

Bin trotz des Optimismus erstmal ausgestiegen!
Torrent kann noch locker auf 2 Euro steigen oder
mehr... aber für den Moment reichen mir meine
Gewinne! Will sie lieber in Clickable Oil investieren!
Denke, da geht es in den nächsten Tagen noch stärker hoch...

Viel Erfolg allen Torrentos ;-)

Ich wünsch mir dennoch das Torrent schneller steigt als deine :-)

Mfg

Einen Teil würde ich in Clickable
investieren, einen anderen Teil
aber auch in:

-Axia
-Silverado Gold
-Fusa
-Itelligence

Mal gucken, ob meine Mischung oder deine Torrent in sechs Monaten höher stehen :-)
Viel Erfolg!

überzeugt, Silverado und Fusa hab ich in der letzten Zeit nicht mehr beobachtet. Kannst aber sicher sein das ich ab und an mal reingucken werd wo deine stehn.

Auf Ragingbull sind die News auch schon raus. Verhältnismässig schnell für die Amis.

Mfg

Habe Vedron als Goldinvest vergessen:

Rohstoffraketen meldet:
Goldexplorer: Bei Vedron gab es eine 43-101-Studie,
die unsere Erwartungen bestätigt.
Mehr dazu morgen im Börsenbrief!

Es liegt was gewaltiges in der Luft!!!!!!!!!!

www.wallstreet-online.de/informer/...0.1.0&thread_page=626

<!--- column 2 main body --->

Stocks  >>  DETAILED QUOTE SNAPSHOT Detailed Quote Snapshot   05/09/2006  09:53 AM Last: 2.31 tren - TORRENT ENERGY CORP Change: +0.26 % Change: +12.68% High: 2.32 Low: 2.14 Volume: 823,411

wenn Torrent steigt! Dann weiß ich,
ich WAR in eine gute Firma investiert ;-(

Naja! Wenn Clickable & Co. in den nächsten
Tagen 250% zulegen, dann ist das hier nix dagegen ;-)

Torrent RT US 2,43 +18,5 %, die sind auch schon nicht schlecht, fürs erste.

Mfg

Die Kicky-Regel wurde wieder belegt:
Kommt Kicky - steigt der Kurs!!!  :-)

Detailed Quote Snapshot   05/09/2006  10:07 AM
Last: 2.44	tren - TORRENT ENERGY CORP
	Change: +0.39	% Change: +19.02%	High: 2.45	Low: 2.115	Volume: 1,293,877

immer nach seiner ID *fg*

Mfg

Detailed Quote Snapshot   05/09/2006  10:10 AM
Last: 2.4	tren - TORRENT ENERGY CORP
	Change: +0.35	% Change: +17.07%	High: 2.45	Low: 2.115	Volume: 1,621,527

www.pcquote.com  (Symbol: TREN)

Detailed Quote Snapshot   05/09/2006  10:39 AM
Last: 2.5	tren - TORRENT ENERGY CORP
	Change: +0.45	% Change: +21.95%	High: 2.55	Low: 2.115	Volume: 1,964,803

Last:2.6 tren - TORRENT ENERGY CORPChange:+0.55 % Change:+26.83% High:2.9 Low:2.115 Volume:2,497,618 Jubel!

Detailed Quote Snapshot   05/09/2006  11:44 AM
Last: 2.69	tren - TORRENT ENERGY CORP
	Change: +0.64	% Change: +31.22%	High: 2.695	Low: 2.115	Volume: 2,808,271

da ist doch bestimmt was im Busch.
Gas, Gas, endlich Gas

und du bist komplett raus???

Mfg

da muss aber der kurs morgen einen riesen satz nach vorne machen um aufzuholen, oder?

ob sie es macht weiss ich nicht, bleibt abzuwarten. Denke aber das die Aktie immer noch einen Kauf wert ist, da die Firma ja immernoch total unterbewertet ist. Kannst dir doch mal die wichtigen Dinge im Thread durchlesen.

Mfg

Hatte die Aktie auch mal. Bin bei 1,68 € raus (mit kleinem Gewinn). Glaubt ihr, man kann sie nach den Kursgewinnen der letzten Tage noch kaufen?

Kursziel 4 USD und höher!

Torrent President and Chief Executive Officer, John Carlson, states, "We are very excited about the developments at the Radio Hill location. It\'s our first test well that has reached sustained production and it gives us the potential opportunity to generate sales later this year. This is a very significant and important step in our development plan for the Coos Bay project and we look forward to further analysis and testing of gas production from this well in the coming months. It is a positive indicator to achieve sustained production this early in the project timeline when compared to other natural gas from coal projects in the western US and Canada."

The design of the specific pumping and production equipment for the Beaver Hill #1, #3 and #5 wells has now been finalized. Based upon expected near term production, the Beaver Hill production equipment has been ordered. This equipment will be similar to the Radio Hill location in terms of pumping capability and storage of modest levels of formation water.

"The initial test rates at the Beaver Hill pilot wells are also very encouraging and we hope to bring some or all of these wells into production in the coming months. The Beaver Hill #5 well, in particular, has definitely exceeded management\'s expectations during this early stage of testing," according to Torrent\'s President and Chief Executive Officer, John Carlson.

The Company has now finished its originally scheduled completion work on both the Radio Hill and Beaver Hill pilot locations. The Roll\'n #14 service rig has been released; however it will be available to Methane on an as needed basis through July.

Mr. Carlson went on to say, "Torrent has achieved significant progress since we acquired the first leases in Coos Bay in the summer of 2004. Since then we have continuously added acreage in this area due to our strong belief in the commercial potential of this basin. We have managed to attract total financings of $20 million to date and drilled 7 test wells in order to prove our initial assessment that gas can be produced from the coal seams in Coos Bay. We are extremely pleased to see continued improvement in initial test rates and increases in shut-in wellhead pressures in all of our wells. We expect to publicly disclose the flow rates of our test wells at the Radio Hill and Beaver Hill locations by the end of July. The promising early production data supports our plans to continue with further exploratory and development drilling throughout the Coos County Basin during our current fiscal year and our next drilling program is scheduled to start later this summer. The modest amounts of formation water encountered to date could suggest that the Coos Bay Basin contains more than 1.2 tcf (trillion cubic feet) of gas in place as indicated in the report by our reservoir engineering consultants."

About Torrent Energy Corporation

Torrent Energy Corporation is a growing exploration company focusing on developing non-conventional natural gas reserves in the Northwestern United States. The Company\'s primary objective is to create value for stakeholders by applying strong technical expertise to projects. The focus of the Company\'s Oregon subsidiary, Methane Energy Corp., is on the exploration of the Coos Bay Basin project in southwestern Oregon where the Company currently has a land portfolio that includes over 116,000 acres of prospective land. The Company\'s Washington subsidiary, Cascadia Energy Corp., is focused on two projects in southwestern Washington State where it hold substantial lease and lease option commitments. For more information please visit www.torrentenergy.com.

On behalf of the Board of Directors,

Torrent Energy Corporation

John D. Carlson, President & CEO

Safe Harbor Statement This news release includes statements about expected future events and/or results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements in this release include, but are not limited to, that our strategy is to flare produced gas over the next several months while pursuing market sales options, including a potential connection to the Coos County pipeline system; that we have an opportunity to generate sales later this year; that we will have sustained gas production from this well and that this production is a positive indicator for future sustained gas production; that we hope to bring some or all of these wells into production in the coming months; that the service rig will be available to us as needed through July; and that we expect to publicly disclose the flow rates of our test wells at the Radio Hill and Beaver Hill locations by the end of July. that we plan to continue with further exploratory and development drilling throughout the Coos County Basin during our current fiscal year and our next drilling program is scheduled to start later this summer; and that the Coos Bay basin could contain more than 1.2 tcf (trillion cubic feet) of gas. It is important to note that actual outcomes and the Company\'s actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include the uncertainty of the requirements demanded by environmental agencies, the Company\'s ability to raise financing for operations, inability to maintain qualified employees or consultants, potential delays or obstacles in drilling, spudding and interpreting data, and the likelihood that no commercial quantities of gas are found or recoverable. For more risk factors about our Company, readers should refer to risk disclosure in our recent forms 10-KSB and 10-QSB filed with the SEC on Edgar.

SOURCE: Torrent Energy Corporation


Kurzfassung: Man hat es geschafft 1 von 7 Quellen an die Produktion zu bekommen. Rest ist übliches Geschwafel...  

Update vom 01.08.2006
Kursziel Dollar 8,40 beibehalten
www.cohenresearch.com/reports/tren_update_08-01-06.pdf