OMDA Oil and Gas, Inc. (OMOG) Interesting lotto ticket !
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OMDA Oil and Gas, Inc. (OMOG) Interesting lotto ticket !
by botean » Tue Jun 05, 2007 10:53 am
This is at all time low, you can try for an entry at 0.0002. Could bounce from here. Has a hystory of nice bounces.
"Profits are better than wages" - Jim Rohn
"The losers always blame others for their failures, The winners blame nobody or just themself" - Botean
"The losers always blame others for their failures, The winners blame nobody or just themself" - Botean
- botean
- Posts: 6
- Joined: Tue Jun 05, 2007 9:56 am
- Location: Michigan-USA
by JJ » Tue Sep 25, 2007 12:51 pm
It would be cool if they won, big gains from .0001 that's for sure
OMDA Oil and Gas, Inc. Announces Continuance in Lanza Lawsuit
Tuesday September 25, 10:30 am ET
HOUSTON, TX--(MARKET WIRE)--Sep 25, 2007 -- OMDA Oil and Gas, Inc. (Other OTC:OMOG.PK - News) announces continuance in the lawsuit against Lanza et al.
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The September trial setting in the Lanza lawsuit has been continued to accommodate the addition of multiple new parties. Most of the new defendants who were recently added have now been served with process in the case. Once those parties appear and file their answers to the Fifth Amended Petition, OMDA expects discovery, including additional document production and depositions, to proceed quickly.
OMDA's legal team intends to not only position the case for ultimate trial, but also to work toward resolution of various legal claims that may narrow the issues that ultimately have to be decided. The motion for partial summary judgment that was granted in February 2007 is an example of how such a resolution of legal issues can move the case along.
The immediate goal is to identify and stake a legal claim on the myriad of oil and gas properties in both Louisiana and Texas, and their proceeds, that rightfully belong to OMDA. That process has been complicated by various "straw man" and other transactions that have made it difficult to trace the properties, which is part of the reason why the new parties were added to the lawsuit. The ultimate goal is to actually recover possession of those oil and gas properties, and we believe those additions will position us to do so.
Adam Barnett, Chairman, stated, "As soon as we learn of the new trial setting, we'll let our shareholders know. We remain confident of our legal position and strategies in the lawsuit."
OMDA Oil and Gas, Inc. Announces Continuance in Lanza Lawsuit
Tuesday September 25, 10:30 am ET
HOUSTON, TX--(MARKET WIRE)--Sep 25, 2007 -- OMDA Oil and Gas, Inc. (Other OTC:OMOG.PK - News) announces continuance in the lawsuit against Lanza et al.
ADVERTISEMENT
The September trial setting in the Lanza lawsuit has been continued to accommodate the addition of multiple new parties. Most of the new defendants who were recently added have now been served with process in the case. Once those parties appear and file their answers to the Fifth Amended Petition, OMDA expects discovery, including additional document production and depositions, to proceed quickly.
OMDA's legal team intends to not only position the case for ultimate trial, but also to work toward resolution of various legal claims that may narrow the issues that ultimately have to be decided. The motion for partial summary judgment that was granted in February 2007 is an example of how such a resolution of legal issues can move the case along.
The immediate goal is to identify and stake a legal claim on the myriad of oil and gas properties in both Louisiana and Texas, and their proceeds, that rightfully belong to OMDA. That process has been complicated by various "straw man" and other transactions that have made it difficult to trace the properties, which is part of the reason why the new parties were added to the lawsuit. The ultimate goal is to actually recover possession of those oil and gas properties, and we believe those additions will position us to do so.
Adam Barnett, Chairman, stated, "As soon as we learn of the new trial setting, we'll let our shareholders know. We remain confident of our legal position and strategies in the lawsuit."
- JJ
- Posts: 301
- Joined: Mon Jun 04, 2007 12:46 pm
by JJ » Wed Dec 12, 2007 9:10 am
Got some news
OMDA Oil and Gas, Inc. Offers Update on Lanza Deposition
Tuesday December 11, 12:20 pm ET
HOUSTON, TX--(MARKET WIRE)--Dec 11, 2007 -- OMDA Oil and Gas, Inc. (Other OTC:OMOG.PK - News) would like to take this opportunity to update all shareholders on current legal matters.
OMDA's legal team has retained the services of local counsel in Louisiana to assist in the companion suit to its current Harris County lawsuit. This matter is now pending in the Caddo Parish, Louisiana District Court and directly concerns the recovery of OMDA's oil and gas assets in the state of Louisiana. Joe Lanza's deposition was originally scheduled in this Caddo Parish action for early December, but has been rescheduled for Monday, January 7, 2008. This was to allow time for Lanza's present Louisiana counsel to withdraw. During the deposition, the OMDA legal team expects to question Lanza regarding the disposition of OMDA Management's oil and gas assets. In addition, the legal team anticipates that Lanza's testimony will be used in various dispositive motions, including a motion for summary judgment, which will be filed in both the Caddo Parish and Harris County actions.
OMDA has also now intervened in litigation pending in Anderson County, Texas, between Lanza and Tennessee Land & Mineral Corporation. This litigation is in regards to the ownership of the Concord Dome properties and Tennessee Land & Mineral's right to drill. OMDA's goal in intervening is to preserve the issue of ownership of the Concord Dome properties until it can be decided by the Harris County court. The company will offer updates on this issue as they become available.
"I am pleased to offer this update on the current Lanza situation," stated Adam Barnett, Chairman. "Management fully appreciates the significant expense of this legal endeavor and the impact it has had on our shareholders and our daily operations. Even though it has been an arduous road, we do believe that we are making significant headway in our pursuits against former management. Furthermore, it is important that our investors and shareholders realize that we are steadfast in our resolve to see this four year conflict to a successful conclusion which includes the return of all of OMDA's rightful assets to the company."
OMDA Oil and Gas, Inc. Offers Update on Lanza Deposition
Tuesday December 11, 12:20 pm ET
HOUSTON, TX--(MARKET WIRE)--Dec 11, 2007 -- OMDA Oil and Gas, Inc. (Other OTC:OMOG.PK - News) would like to take this opportunity to update all shareholders on current legal matters.
OMDA's legal team has retained the services of local counsel in Louisiana to assist in the companion suit to its current Harris County lawsuit. This matter is now pending in the Caddo Parish, Louisiana District Court and directly concerns the recovery of OMDA's oil and gas assets in the state of Louisiana. Joe Lanza's deposition was originally scheduled in this Caddo Parish action for early December, but has been rescheduled for Monday, January 7, 2008. This was to allow time for Lanza's present Louisiana counsel to withdraw. During the deposition, the OMDA legal team expects to question Lanza regarding the disposition of OMDA Management's oil and gas assets. In addition, the legal team anticipates that Lanza's testimony will be used in various dispositive motions, including a motion for summary judgment, which will be filed in both the Caddo Parish and Harris County actions.
OMDA has also now intervened in litigation pending in Anderson County, Texas, between Lanza and Tennessee Land & Mineral Corporation. This litigation is in regards to the ownership of the Concord Dome properties and Tennessee Land & Mineral's right to drill. OMDA's goal in intervening is to preserve the issue of ownership of the Concord Dome properties until it can be decided by the Harris County court. The company will offer updates on this issue as they become available.
"I am pleased to offer this update on the current Lanza situation," stated Adam Barnett, Chairman. "Management fully appreciates the significant expense of this legal endeavor and the impact it has had on our shareholders and our daily operations. Even though it has been an arduous road, we do believe that we are making significant headway in our pursuits against former management. Furthermore, it is important that our investors and shareholders realize that we are steadfast in our resolve to see this four year conflict to a successful conclusion which includes the return of all of OMDA's rightful assets to the company."
- JJ
- Posts: 301
- Joined: Mon Jun 04, 2007 12:46 pm
by StockACE » Thu Jan 10, 2008 8:51 pm
New Ticker and R/S!!!
OMDA Oil and Gas, Inc. Announces Completion of Reverse Split and Symbol Change
Thursday January 10, 4:01 pm ET
HOUSTON, TX--(MARKET WIRE)--Jan 10, 2008 -- OMDA Oil and Gas, Inc. (Other OTC:OMOG.PK - News) (the "Company") today announced that a 1 for 1,000 reverse split of its common stock, $0.00001 per share, will be effective upon the open of trading on January 11, 2008. The Company's common stock will begin trading on a split-adjusted basis under the new trading symbol "OOAG."
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As a result of the reverse stock split, each 1,000 shares of issued and outstanding common stock as of the close of trading on today's close shall be automatically converted into one share of common stock. No fractional shares will be issued in connection with the reverse split. Stockholders who would be entitled to fractional shares will receive a whole share of common stock in lieu of receiving fractional shares.
OMDA Oil and Gas, Inc. Announces Completion of Reverse Split and Symbol Change
Thursday January 10, 4:01 pm ET
HOUSTON, TX--(MARKET WIRE)--Jan 10, 2008 -- OMDA Oil and Gas, Inc. (Other OTC:OMOG.PK - News) (the "Company") today announced that a 1 for 1,000 reverse split of its common stock, $0.00001 per share, will be effective upon the open of trading on January 11, 2008. The Company's common stock will begin trading on a split-adjusted basis under the new trading symbol "OOAG."
ADVERTISEMENT
As a result of the reverse stock split, each 1,000 shares of issued and outstanding common stock as of the close of trading on today's close shall be automatically converted into one share of common stock. No fractional shares will be issued in connection with the reverse split. Stockholders who would be entitled to fractional shares will receive a whole share of common stock in lieu of receiving fractional shares.
- StockACE
- Posts: 361
- Joined: Mon Jun 04, 2007 9:20 pm
Re: OMDA Oil and Gas, Inc. news
by luckyhousewife » Wed Jun 30, 2010 7:41 am
OMDA Oil and Gas, Inc. Enters Discussions to Acquire an Increased Stake in Concord Dome and the Surrounding Acreage
OMDA OIL & GAS INC NEW (OTC) (USOTC:OOAG)
Intraday Stock Chart
Today : Wednesday 30 June 2010
OMDA Oil and Gas, Inc. (PINKSHEETS: OOAG) announced today that it has entered into discussions to increase its stake in the Concord Dome prospect. OMDA Oil and Gas currently owns a 37.5% share of its leased wells on Concord Dome. The potential increase would raise OMDA's percentage of ownership in all of its wells across the board. The transaction will be paid for fully in cash, if completed.
OMDA is also actively pursuing expanding its business within the surrounding acreage to Concord Dome. Concord Dome is an area of about 160 acres in Anderson County, Texas with 18 leases housing a number of existing and currently producing oil wells. Third party reports estimate the long term potential of the existing wells on Concord Dome to yield over 1 million barrels of oil. The surrounding area covering hundreds of acres is projected to have as abundant an oil supply as the Concord Dome itself. OMDA is currently weighing its options with respect to acquiring leases or acreage on the surrounding area. Any acquisition by OMDA will be paid for fully in cash.
"The opportunity to increase our ownership stake in these wells and the surrounding acreage should prove to be very beneficial for our company and our shareholders," stated OMDA President and Chairman Adam Barnett. "We expect Concord Dome to be a highly profitable project for many years to come. The potential revenue increase with a larger ownership stake would shorten the timeframe to fully repay investors and put OMDA on a fast track to profitability. Discussions are ongoing for both of these proposed expansions." Mr. Barnett added, "Because this potential acquisition will be paid in full by OMDA, any and all revenues generated by these new wells will go directly to the company. With no investors to repay, our shareholders will enjoy an immediate benefit as the revenues come in."
About OMDA Oil and Gas, Inc.
OMDA Oil and Gas, Inc. and its wholly owned subsidiaries, OMDA Oil & Gas Management, Inc. and Texas OMDA Drilling & Operating, Inc. and OMDA Oil & Gas, Inc. (Texas), are in the business of oil and gas production and lease acquisition. This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
OMDA Oil and Gas, Inc.
Investor Relations
877-441 OMDA(6632)
IR@omogoil.com
OMDA OIL & GAS INC NEW (OTC) (USOTC:OOAG)
Intraday Stock Chart
Today : Wednesday 30 June 2010
OMDA Oil and Gas, Inc. (PINKSHEETS: OOAG) announced today that it has entered into discussions to increase its stake in the Concord Dome prospect. OMDA Oil and Gas currently owns a 37.5% share of its leased wells on Concord Dome. The potential increase would raise OMDA's percentage of ownership in all of its wells across the board. The transaction will be paid for fully in cash, if completed.
OMDA is also actively pursuing expanding its business within the surrounding acreage to Concord Dome. Concord Dome is an area of about 160 acres in Anderson County, Texas with 18 leases housing a number of existing and currently producing oil wells. Third party reports estimate the long term potential of the existing wells on Concord Dome to yield over 1 million barrels of oil. The surrounding area covering hundreds of acres is projected to have as abundant an oil supply as the Concord Dome itself. OMDA is currently weighing its options with respect to acquiring leases or acreage on the surrounding area. Any acquisition by OMDA will be paid for fully in cash.
"The opportunity to increase our ownership stake in these wells and the surrounding acreage should prove to be very beneficial for our company and our shareholders," stated OMDA President and Chairman Adam Barnett. "We expect Concord Dome to be a highly profitable project for many years to come. The potential revenue increase with a larger ownership stake would shorten the timeframe to fully repay investors and put OMDA on a fast track to profitability. Discussions are ongoing for both of these proposed expansions." Mr. Barnett added, "Because this potential acquisition will be paid in full by OMDA, any and all revenues generated by these new wells will go directly to the company. With no investors to repay, our shareholders will enjoy an immediate benefit as the revenues come in."
About OMDA Oil and Gas, Inc.
OMDA Oil and Gas, Inc. and its wholly owned subsidiaries, OMDA Oil & Gas Management, Inc. and Texas OMDA Drilling & Operating, Inc. and OMDA Oil & Gas, Inc. (Texas), are in the business of oil and gas production and lease acquisition. This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
OMDA Oil and Gas, Inc.
Investor Relations
877-441 OMDA(6632)
IR@omogoil.com
- luckyhousewife
- Posts: 528
- Joined: Mon Mar 01, 2010 9:47 am
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