Petrogen steigt !! Ein neuer Höhenflug ??

WKN: 775609 ISIN: US7164871037

Man beachte mal den Chart,da liegt doch extrem viel Potential.

Von über 5 Dollar in den Cent Bereich gesunken und jetzt kommt ein extremer Auftrieb.

Ich bin mir sicher die stiegen innerhalb kurzer Zeit auf mind. 1 Dollar.

Und wie es ausschaut kommen demnächst neue positive News.

kann mir sehr gut neue kurse um die dollar vorstellen. geduld sollte man aber mitbringen

Ein Dollar sollte zumindest kurzfristig drinn sein. Der genaue Zeitrahmen bis dahin ist schwer abzuschätzen, vielleicht zwei bis drei Wochen. Wie gesagt, ich denke wir alle stehen vor wichtigen Unternehmensmeldungen.

Wie romano2000 schon ausführt, ist natürlich nach oben hin megaviel Luft. Getreu dem Motto, was teuer war kann wieder teuer werden.

Ich würde das mal nicht überbewerten, Umsatz ist lächerlich bei diesem Kursniveau.
Berlin +60%, ohne Umsatz ??  

news klang recht positiv. mit etwas glück und geduld kann man hier gut ernten

nur eine positive News und die kann extrem gegen den Himmel schiessen.

Man möge sich vor Augen halten aus welchem Bereich sie kommt.

Zudem finde ich eine solche Firma extrem abgestraft.

Wenn die Lunte brennt, gehts richtig durch die Decke.
Abwarten.  

richtig ich denke die Lunte hat langsam angefangen zu brennen.Zwar langsam aber sie brennt.

das nicht so. Dass die Aktie um 50% gestiegen ist, denke ich dass es reines Glück war die die in diese Aktie investiert haben. Wenn man in 1 jahr zurückschaut stieg die Aktie extrem hoch, aber dann als der heftig runterfiel blieb die Aktie sonst wie immer bei 0,25 euro. Ich kann mir leider nicht vorstellen. Was meint ihr? Vielleicht habt ihr recht ich will nix böses sagen. Aber ich sag nur was ich denke.

Gruß Willy

mächtig bewegt. Petrogen schwankt z. Zt. echt mehr als ein Optionsschein mit großem Hebel. Zur Zeit mach es echt Spaß von Zeit zu Zeit mal auf nasdaq.com zu schauen um Petrogen zu beobachten.  

Petrogen hat in kurzer Zeit ein enormes Potential.

Habe keine negativen News bis jetzt gefunden.

Daher für mich viel zu stark abgestraft worden.

"abgestraft" ist noch sehr milde ausgedrückt. Ich gehe ebenfalls von einem sehr hohen Kurspotential aus.

Ich bin nur mal gespannt, ob es heute einen kleinen Rücksetzer gibt, oder ob der Kurs weiter nach oben dreht...

Was meinst Du romano?

geschlossen, - Martin Luther King Day.

ich bin völlig Deiner Meinung.

Zum wiederholten male möge man sich vor Augen halten das ich selten einen solchen Pennystock gesehen habe.

Von über 5 Dollar runter auf unter 30 cent -- Ohne negative News -- Ich konnte auf jedenfall keine finden und Du NUKEM  ??

Aktien halten und wer noch nicht investiert ist,jetzt einstiegen.

 

wurde, war der Titel noch unter www.stockupticks.com, einem US-Aktienforum vorgestellt und glühend empfohlen worden. Auch in diversen US-Chats hab ich keine kritischen Stimmen gehört.

Mein Kenntnisstand ist der, dass Petrogen ein hochprofitable AG ist, welche nun für viel Geld große Pachtverträge für riesige Flächen ausgegeben hat um dort nach Öl zu bohren.

Ich hatte damals Hadro AG im Depot. Diese wurden von der stärkeren Petrogen einfach übernommen. Meine Hadro war ein Bohrspezialist für besonders schwierige Bohrungen, z. B. Wasserblasen unter der Erdoberfläche, oder besonders tiefe Ölquellen.

Die Übernahme der Hadro AB hat sich für deren Aktionäre nicht gelohnt. Petrogen hingegen konnte sein Know-How weiter verbessern. Focus-Money hatte die Hadro seinerzeit zum Kauf empfhohlen, als 100% Chance.

Meiner Meinung nach wird uns die Spucke wegbleiben, wenns richtig losgeht. Wenn´s losgeht, dann heftigst! Allein die nachgewiesenen Reserven bringen einen hohen Cash-Flow mit sich.

Für mich ist es unverständlich, dass die AG mit einem Bruchteil seines Cash-Flows bewertet wird. Petrogen kostet so 2 oder 3 Millionen an der Börse. Die nachgewiesenen Reserven kann man unter www.petrogencorp.com nachlesen.  

Petrogen Corp. is an oil and natural gas development and production company with operations based in Houston, Texas. It is engaged in the acquisition of oil and natural gas properties throughout the continental US that possess proven reserves representing significant upside development potential. The Company specializes in the development and expansion of proven producing, non-producing, undeveloped and behind pipe reserves while maintaining a financially stable fiscal strategy. Petrogen aggressively approaches its acquisitions strategy with a specific emphasis placed upon the expansion of its natural gas reserves. For further information, please visit the Company''s website at www.petrogencorp.com/ .

THIS NEWS RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, WITH RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECT INTERESTS, THE COMPANY''S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND DEVELOPMENT OF VARIOUS PROJECT INTERESTS AND CERTAIN OTHER MATTERS. THESE STATEMENTS ARE MADE UNDER THE "SAFE HARBOR" PROVISIONS OF THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND INVOLVE RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN.

Contact: Sacha H. Spindler, CEO Petrogen Corp. 888-875-1155

Petrogen Corp.

© PR Newswire

Soll man jetzt noch schnell einsteigen oder macht die Aktien noch mal einen Schritt zurück?

Was denkt ihr?

Kein Grund das sie noch fallen könnte.

Kann auch bis zu 0,10 euro fallen. Da ist dann der Boden erreicht. ;-)Wer weiß

Wer weiß mehr ???

sieht gut aus !!

...aber diese kurzen Statements ohne Hintergrund und Quelle gehen mir langsam auf die Nerven...

Hallo sei gegruesst romano!!!!!
Wann ist der große Augenblick denn ich henge an WKN 775609 und getraue mir gar nicht mehr zu hoffen dass es eimal aufwerts gehen könnte.
gruss olda

Petrogen hält den Kurs nun auf dem etwas höherem Niveau. Der Kurseinbruch war ja im letzten halben Jahr gigantisch. Jetzt hoffen wir mal auf News für die es nun langsam an der Zeit ist.

Ich bin mir sicher das in den nächsten 4 Wochen der Wert einen großen Schub bekommt.

Nur keine Panik,der Boden ist längst erreicht !!

WARUM ???

Hat jemand NEWS ???

Broker hat die realtime Daten nicht regelmäßig übertragen.

PTGCE in den USA

über 42 % gestiegen !!

Es stehen NEWS NEWS NEWS an !!!

Oh wie schön!

sofort reinstellen !!

Petrogen Corp. is an oil and natural gas development and production company with operations based in Houston, Texas. It is engaged in the acquisition of oil and natural gas properties throughout the continental US that possess proven reserves representing significant upside development potential. The Company specializes in the development and expansion of proven producing, non-producing, undeveloped and behind pipe reserves while maintaining a financially stable fiscal strategy. Petrogen aggressively approaches its acquisitions strategy with a specific emphasis placed upon the expansion of its natural gas reserves. For further information, please visit the company’s website at  www.petrogencorp.com  

Phone: (800) 549-5824  Fax: (866) 355-4550   www.petrogencorp.com  

SAFE HARBOR STATEMENT

THIS NEWS RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, WITH RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECT INTERESTS, THE COMPANY'S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND DEVELOPMENT OF VARIOUS PROJECT INTERESTS AND CERTAIN OTHER MATTERS.  THESE STATEMENTS ARE MADE UNDER THE "SAFE HARBOR" PROVISIONS OF THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND INVOLVE RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN."

www.petrogencorp.com/news/

Die Amerikaner hatten gesten den "günstisten" Briefkurs zu 50 Cent! Bei 10 Orders wechselten die Aktien für 35 bis 40 Cent den Besitzer.

Die mageren Zeiten scheinen vorbei zu sein. Vor dem Absturz lag der Titel bei 2 Dollar, unmittelbar davor aber deutlich höher, z. t. im zweistelligen Eurobereich.

Mein Fazit: Es gibt nach wie vor keinen interessanteren Titel als Petrogen. Ich belege meine Aussage mit dem extremst niedrigen Börsenwert dieses Titels von 2-3 Mio. und das ist nichts, nichts bei diese Bohrprojekten (siehe www.petrogencorp.com). Ein niedriger Börsenwert allein ist nicht alles, aber gerade hier sollten wir vor explosiven Nachrichten stehen. Petrogen geht bei Bohrung wenig Risiko ein. Außerdem ist gerade Petrogen auf Spezialbohrungen spezialisiert und hatte zu diesem Zweck noch den Bohr-Spezialisten Hadro übernommen.
Ich selbst hatte Hadro Aktien und kam damals so zu Petrogen.  

Zum Handelsauftakt in den USA werden dann wohl die 50er Briefe bezahlt werden. Der Chart lässt ebenfalls die Fantasie beflügeln. Ich schätzeden heutigen Schlußkurs in New York bei ungefähr 45-50 Cent.

Ich sehe, dass Petrogen gerade mit 3 Cent Abschlag, also mit einem Brief von 30 Cent gehandelt wird. Das zeigt, dass Nebentitel auch in Deutschlang günstig sein können.  

Wo seit ihr denn alle? Freuen wir uns nicht über die 40 Cent Marke?

Vermutlich seit ihr auf Arbeit. Naja, werd abends nochmal reinschauen, ob ihr mal geantwortet habt.

Petrogen Announces Change of Transfer Agent  
WEDNESDAY, MARCH 24, 2004 7:00 AM
- PR Newswire




 PTGC
 0.32  -0.03  


   


   Enter Symbol:
 


   Enter Keyword:
 


HOUSTON, Mar 24, 2004 /PRNewswire-FirstCall via COMTEX/ -- Petrogen Corp., (PTGC) today announced that its Board of Directors has terminated its engagement with its current transfer agent, X-Clearing Corporation and has appointed Transfer Online, Inc. as its transfer agent, effective March 24, 2004.

"Over the last several months we have implemented a number of new policies and procedures to improve and strengthen our corporate structure," stated Sacha H. Spindler, Petrogen's Chief Executive Officer. "Working with Transfer Online is another step in this process toward building the right platform for the Company's growth. We are pleased with our new transfer agent's innovative approach to customer service."

The Company has provided all shareholder records to Transfer Online, Inc. and no action is required by Petrogen's current shareholders. Should transfer agent services be required, please contact:


     Transfer Online Inc.
     317 S.W. Alder St.,
     2nd Floor,
     Portland, OR 97204
     Phone: 503.227.2950
     Fax:   503.227.6874
     www.transferonline.com


About Transfer Online: Established in 1999, Transfer Online is an online stock transfer agent, financial services provider, and consulting firm, with expertise in traditional services, as well as integration of new technologies. Through its proprietary software, it is able to provide its corporate clients and their shareholders with immediate access to shareholder information online.

Petrogen Corp. is an oil and natural gas development and production company with operations based in Houston, Texas. It is engaged in the acquisition of oil and natural gas properties throughout the continental US that possess proven reserves representing significant upside development potential. The Company specializes in the development and expansion of proven producing, non-producing, undeveloped and behind pipe reserves while maintaining a financially stable fiscal strategy. Petrogen aggressively approaches its acquisitions strategy with a specific emphasis placed upon the expansion of its natural gas reserves. For further information, please visit the Company's website at www.petrogencorp.com

THIS NEWS RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, WITH RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECT INTERESTS, THE COMPANY'S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND DEVELOPMENT OF VARIOUS PROJECT INTERESTS AND CERTAIN OTHER MATTERS. THESE STATEMENTS ARE MADE UNDER THE "SAFE HARBOR" PROVISIONS OF THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND INVOLVE RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN.

Habe gehört das es Ende April positive NEUIGKEITEN geben soll.

Wer weiß noch mehr ??????

Ist der EINSTIEG jetzt noch günstig ??

+ 6,6%

POSITIVE NEUIGKEITEN in den USA ???

is another measure the Company is undertaking as part of its ongoing initiatives
to improve and strengthen Petrogen's corporate structure. In light of new
regulations from the NASD and the SEC, as well as trends within the brokerage
industry, certificate transfer only has become antiquated. With electronic
certificate transfer within the DTC system, shareholders can anticipate a
greater flexibility in the transfer of their Petrogen shares."

Detailed information, along with exchange instructions are being forwarded to
every shareholder of record. Included in the package is a Letter of Transmittal
to be completed and forwarded to the Company's new Transfer Agent, Transfer
Online Inc. Both the Shareholder Letter and Letter of Transmittal can be viewed
and downloaded from www.petrogencorp.com  All communications relating to
shareholder matters, such as transfer of shares, stock transfer requirements,
missing stock certificates and changes of address, should be directed to
Transfer Online Inc. at the following address and telephone number:





    Transfer Online Inc.

    317 S.W. Alder St.,

    2nd Floor,

    Portland, OR 97204

    Phone: 503.227.2950

    Fax:  503.227.6874

    www.transferonline.com

The Depository Trust Company (DTC) is a member of the U.S. Federal Reserve
System, a limited-purpose trust company under New York State banking law and a
registered clearing agency with the Securities and Exchange Commission. The
depository brings efficiency to the securities industry by retaining custody of
some 2 million securities issues, effectively "dematerializing" most of them so
that they exist only as electronic files rather than as countless pieces of
paper. The depository also provides the services necessary for the maintenance
of the securities it has in custody.

Petrogen Corp. is an oil and natural gas development and production company with
operations based in Houston, Texas. It is engaged in the acquisition of oil and
natural gas properties throughout the continental US that possess proven
reserves representing significant upside development potential. The Company
specializes in the development and expansion of proven producing, non-producing,
undeveloped and behind pipe reserves while maintaining a financially stable
fiscal strategy. Petrogen aggressively approaches its acquisitions strategy with
a specific emphasis placed upon the expansion of its natural gas reserves. For
further information, please visit the Company's website at www.petrogencorp.com

THIS NEWS RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF
SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION
21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, WITH
RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECT
INTERESTS, THE COMPANY'S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND
DEVELOPMENT OF VARIOUS PROJECT INTERESTS AND CERTAIN OTHER MATTERS. THESE
STATEMENTS ARE MADE UNDER THE "SAFE HARBOR" PROVISIONS OF THE UNITED STATES
PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND INVOLVE RISKS AND
UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE
IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN.





    Contact:

    Sacha H. Spindler, CEO

    Petrogen Corp.

    888-875-1155

7-May-2004

Regulation FD Disclosure


Item 9. Regulation FD Disclosure
On May 6, 2004, Petrogen Corp., a Nevada Corporation, issued a press release announcing a mandatory share exchange following the Company re-entering the Depository Trust Company's ("DTC") electronic trading system. This press release is attached hereto as Exhibit 99.1

Da ist was im Busch !!!!

zweistellig.

Was ist da los ?? Sind jetzt die erhofften positiven News gekommen ??

zuversichtlich, dass hier etwas zu holen ist. Die kommende Woche werde ich meine Chance waren um einzusteigen.

Wer weiß, warum Petrogen in den letzten Tagen bei steigenden Umsätzen stetig nach Norden geht??

Petrogen Extends the Offer on Its Share Certificate Exchange  


HOUSTON, Jun 14, 2004 /PRNewswire-FirstCall via COMTEX/ -- Petrogen Corp., (OTC
Bulletin Board: PTGC; Frankfurt: PTD) today announced that it has extended the
time frame for shareholders to exchange their share certificates to June 30,
2004 from June 15, 2004. The Company's transfer agent, Transfer Online Inc.,
will continue to accept the certificates for exchange at Petrogen's expense up
to June 30, 2004. However, after that date certificates will be exchanged at the
shareholder's expense, although the exchange is no longer mandatory.

Due to the Company re-entering the Depository Trust Company's ("DTC") electronic
trading system to discontinue trading in a "Certificate Transfer Only" class,
shareholders were requested to surrender certificates in exchange for new DTC
eligible share certificates. All shareholders of record should have previously
received detailed information and exchange instructions, including a Letter of
Transmittal to be completed and forwarded to the Company's Transfer Agent,
Transfer Online Inc. An updated Letter of Transmittal and Shareholder
Communication Letter reflecting the updated information is posted on Petrogen's
corporate website at www.petrogencorp.com for download and review Shareholders who have yet to surrender their Petrogen share certificate(s) for
re-issuance into new share certificate(s) should complete and mail the updated
Letter of Transmittal, along with the share certificate(s), to the Company's
transfer agent.

Communications relating to shareholder matters, such as transfer of shares,
stock transfer requirements, missing stock certificates and changes of address,
should be directed to Transfer Online Inc. at the following address and
telephone number:





    Transfer Online Inc.

    317 S.W. Alder St.,

    2nd Floor,

    Portland, OR 97204

    Phone: 503.227.2950

    Fax:  503.227.6874

    www.transferonline.com

Petrogen Corp. is an oil and natural gas development and production company with
operations based in Houston, Texas. It is engaged in the acquisition of oil and
natural gas properties throughout the continental US that possess proven
reserves representing significant upside development potential. The Company
specializes in the development and expansion of proven producing, non-producing,
undeveloped and behind pipe reserves while maintaining a financially stable
fiscal strategy. Petrogen aggressively approaches its acquisitions strategy with
a specific emphasis placed upon the expansion of its natural gas reserves. For
further information, please visit the Company's website at
www.petrogencorp.com  
THIS NEWS RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF
SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION
21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, WITH
RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECT
INTERESTS, THE COMPANY'S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND
DEVELOPMENT OF VARIOUS PROJECT INTERESTS AND CERTAIN OTHER MATTERS. THESE
STATEMENTS ARE MADE UNDER THE "SAFE HARBOR" PROVISIONS OF THE UNITED STATES
PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND INVOLVE RISKS AND
UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE
IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN.





    Contact:

    Sacha H. Spindler, CEO

    Petrogen Corp.

    888-875-1155

SOURCE Petrogen Corp.



CONTACT:          Sacha H. Spindler, CEO of Petrogen Corp., +1-888-875-1155



URL:              www.petrogencorp.com

www.prnewswire.com


Copyright (C) 2004 PR Newswire.  All rights reserved.





KEYWORD:          Texas

                 Oregon

INDUSTRY KEYWORD: OIL

                 FIN

                 OTC

in den letzten Tagen drüben gehandelt..........

... vom Allzeithoch vor drei Jahren noch ein gutes Stück entfernt. Momentan scheint die Aktie sich positiv zu entwickeln.  

Hi

wer ist noch außer mir (seit ca 2Jahren)in Petrogen (ptgc.ob) investiert???
Die Aktie geht seit ein paar Tagen höllenmäßig ab über 100%, bei verhältnismäßig hohem Volumen. Hat jmd. Informationen warum?? Oder ist dies nur dem hohen Öl bzw Gaspreis geschuldet.

Danke
Grüße

High line pressures on the Northern Natural Gas/Matagorda Offshore Pipeline System sales pipeline (NNG/MOPS) have resulted in suppressing optimum daily natural gas flow rates from the EH#3A. Results of the Hanover analysis further indicate that the addition of compression on the EH#3A can result in higher flow rates from the EH#3A into the NNG/MOPS, into which Petrogen's Matagorda Island Gas Gathering System (MIGS) ties.

Over the course of the past six weeks, natural gas production from the EH#3A has fluctuated between 250Mcfgd to 1,500Mcfgd during which time the Company has been receiving daily sales prices for its natural gas production from the EH#3A ranging from $10.00 per Mcfg up to as high as $15.05 per Mcfg.

Sacha H. Spindler, Petrogen's Chief Executive Officer, stated, "Introducing compression to the EH#3A will substantially increase its daily natural gas production resulting in significantly greater revenues from the well. The Company is already receiving revenues from the EH#3A, and with the anticipated daily production increases, those revenues will be realized to an even greater extent due to the very high take away sales prices Petrogen is receiving for its natural gas from Emily Hawes Field."

On November 23, 2004, Petrogen announced that it successfully tested natural gas from the EH#3A well from the Basal Miocene M1 sand with an absolute open flow of 1,998 mcfgd; 978 mcfgd was tested on a 14/64" choke with flowing tubing pressure of 1,395 psi and a final shut-in pressure of 1,950 psi.

On May 7, 2005, crews were mobilized to Emily Hawes Field and immediately began an extended production test of the EH#3A well. The well tested initial production rates between 266Mcfgd on a 10/64" choke to 750 mcfgd on a 12/64" choke with final flowing tubing pressure of 1,420 psi against 400 psi back-pressure. Analysis of the gas produced during this test measured 97.3% methane with 1,025 BTU/cubic foot content. The high BTU content of the well is providing for exceptional sales prices at the NNG, which have recently been as high as $15.05/Mcfg. On August 3rd, 2005 Petrogen announced that it had commenced natural gas sales from the EH#3A well; the well has been producing natural gas consistently since that time.

The Emily Hawes Field property is located approximately 90 miles southwest of Houston, Texas within the prolific oil and gas producing Miocene-Frio trend of the onshore and offshore Texas Gulf Coast. Near term plans include the expansion of operations through the development of a number of infill and step-out drilling locations targeted at the Basal Miocene Sands within the Emily Hawes Field after the completion and hook-up of the EH#3A well.

About Matagorda Island

Matagorda Island is one of seven barrier islands located in the Gulf of Mexico, Texas Gulf Coast. Today, Texas and the Texas Gulf Coast represent one of the premier oil and gas exploration regions in the world, accounting for 32% of all natural gas production and 27% of proved natural gas reserves in the United States. Over the past few years, several large discoveries by Shell, BP and Chevron Texaco have contributed to the growing prominence of the Gulf Coast region as a hotbed for the expansion of domestic natural gas developments. Matagorda Island is approximately 34 miles long by 4 miles wide and is situated along the prolific, natural gas producing Miocene/Frio trend.

About Petrogen

Petrogen Corp. is a Houston, Texas based up-stream energy company specializing in the acquisition and development of natural gas properties with known hydrocarbon reserves in the Texas Gulf Coast region. For further information, please visit the Company's website at www.petrogencorp.com .

THIS NEWS RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, WITH RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECT INTERESTS, THE COMPANY'S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND DEVELOPMENT OF VARIOUS PROJECT INTERESTS AND CERTAIN OTHER MATTERS. THESE STATEMENTS ARE MADE UNDER THE "SAFE HARBOR" PROVISIONS OF THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND INVOLVE RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN.


    CONTACTS:
    Company Contact                               Investor Relations Contact
    Louis J. Fruchier                             Barry Gross
    V.P. Corporate Development & Communications   President
    Petrogen Corp.                                Gross Capital, Inc.
    888-875-1155                                  361-949-4999
    fruchier@petrogencorp.com                     barry@grosscapital.com




--------------------------------------------------
Source: Petrogen Corp.


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Heute kam noch eine Kooperationsmeldung. RT aktuell 0,88$ bid 0,87  ask 0,88  Volumen:
1. 800.000 STK !!

The Lease consists of potential natural gas exploitation opportunities trapped along a north-south striking, underdeveloped, low relief anticline. The majority of wells on the Lease were drilled during the 1940's and 1950's when local natural gas prices were in the $0.02 -- $0.10 per Mcf range. These extremely low gas prices resulted in limited development of the natural gas reserves on the Lease, providing for substantial infill and step out drilling potential. Wells in the area have average production histories of approximately eight to ten years with cumulative production of approximately 3.0 Bcfg per well. Extensive natural gas infrastructure exists within the area providing for immediate transportation and sales of any potential upcoming natural gas production. Current gas prices for potential production from the Tiller Ranch area are approximately in the $11.00 -- $11.50 per Mcf range and will be sold into the Enterprise Products Partners gas pipeline system in South Texas.

Mr. Spindler further stated, "Tiller Ranch is another example of the high caliber opportunities Petrogen strives to develop in the Texas Gulf Coast. It possesses significant geologic data and well control along proven hydrocarbon- producing trends that enables the Company to greatly reduce its geologic risk while increasing its degree of confidence that the 18 billion cubic feet of indicated potential reserves can be readily exploited through our current drilling initiative."