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Atlas Engineered Products Ltd (PK)

Atlas Engineered Products Ltd (PK) (APEUF)

0.8155
0.00
(0.00%)
Closed December 22 4:00PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
0.8155
Bid
0.0001
Ask
0.92
Volume
1
0.00 Day's Range 0.00
0.7283 52 Week Range 1.23
Market Cap
Previous Close
0.8155
Open
-
Last Trade
1
@
0.85005
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
17,001
Shares Outstanding
70,535,947
Dividend Yield
-
PE Ratio
27.52
Earnings Per Share (EPS)
0.04
Revenue
49.41M
Net Profit
3.15M

About Atlas Engineered Products Ltd (PK)

Sector
Structural Wood Members, Nec
Industry
Oil & Gas Field Services,nec
Headquarters
Nanaimo, British Columbia, Can
Founded
1984
Atlas Engineered Products Ltd (PK) is listed in the Structural Wood Members sector of the OTCMarkets with ticker APEUF. The last closing price for Atlas Engineered Products (PK) was $0.82. Over the last year, Atlas Engineered Products (PK) shares have traded in a share price range of $ 0.7283 to $ 1.23.

Atlas Engineered Products (PK) currently has 70,535,947 shares outstanding. The market capitalization of Atlas Engineered Products (PK) is $57.52 million. Atlas Engineered Products (PK) has a price to earnings ratio (PE ratio) of 27.52.

APEUF Latest News

Archer Petroleum Corp. (APEUD: OTC Link) | Symbol Change

Wed, Oct 24, 2012 12:00 - Archer Petroleum Corp. (APEUD: OTC Link) - Symbol Change - The symbol, APEUD, is no longer a valid symbol for Archer Petroleum Corp.. As of Wed, Oct 24, 2012, the new...

Archer Petroleum Fails to Find Producible Hydrocarbons in Its Matagorda Bay 127-1 Well

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/12/11 -- Archer Petroleum Corp (TSX VENTURE:ARK)(OTCQX:APEUF)(DBFrankfurt:A6VA) ("Archer" or "the Company") reports that it has been advised by...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.006460.7984772075550.809040.880.79794189460.85510768CS
40.0119891.492076648610.8035110.90820.7283246450.83607043CS
12-0.2279-21.84205482081.04341.10.7283170010.8765217CS
26-0.1945-19.25742574261.011.10.7283173360.94398809CS
52-0.0091-1.103565365030.82461.230.7283182700.99895227CS
1560.355877.39830324120.45971.230.31515194580.73958012CS
2600.5173173.4741784040.29821.230.1331222530.54744817CS

APEUF - Frequently Asked Questions (FAQ)

What is the current Atlas Engineered Products (PK) share price?
The current share price of Atlas Engineered Products (PK) is $ 0.8155
How many Atlas Engineered Products (PK) shares are in issue?
Atlas Engineered Products (PK) has 70,535,947 shares in issue
What is the market cap of Atlas Engineered Products (PK)?
The market capitalisation of Atlas Engineered Products (PK) is USD 57.52M
What is the 1 year trading range for Atlas Engineered Products (PK) share price?
Atlas Engineered Products (PK) has traded in the range of $ 0.7283 to $ 1.23 during the past year
What is the PE ratio of Atlas Engineered Products (PK)?
The price to earnings ratio of Atlas Engineered Products (PK) is 27.52
What is the cash to sales ratio of Atlas Engineered Products (PK)?
The cash to sales ratio of Atlas Engineered Products (PK) is 1.76
What is the reporting currency for Atlas Engineered Products (PK)?
Atlas Engineered Products (PK) reports financial results in CAD
What is the latest annual turnover for Atlas Engineered Products (PK)?
The latest annual turnover of Atlas Engineered Products (PK) is CAD 49.41M
What is the latest annual profit for Atlas Engineered Products (PK)?
The latest annual profit of Atlas Engineered Products (PK) is CAD 3.15M
What is the registered address of Atlas Engineered Products (PK)?
The registered address for Atlas Engineered Products (PK) is 2005 BOXWOOD ROAD, NANAIMO, BRITISH COLUMBIA, V9S 5X9
What is the Atlas Engineered Products (PK) website address?
The website address for Atlas Engineered Products (PK) is www.atlasengineeredproducts.com
Which industry sector does Atlas Engineered Products (PK) operate in?
Atlas Engineered Products (PK) operates in the OIL & GAS FIELD SERVICES,NEC sector

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APEUF Discussion

View Posts
GMJDubbs GMJDubbs 2 years ago
Some good chatter going on - company is severely undervalued at this time. Should be trading 5x from here. Look for movement happening soon.
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GMJDubbs GMJDubbs 4 years ago
$4 and $129
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GMJDubbs GMJDubbs 4 years ago
*May 3rd/2021* LV2 MMs sitting at $4 and $64 showing strength that a run is coming . Very under the radar here.
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GMJDubbs GMJDubbs 4 years ago
*UPDATED* LV2 MMs sitting at $4 and $32 showing strength that a run is coming . Very under the radar here.
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GMJDubbs GMJDubbs 4 years ago
*NOW* LV2 MMs sitting at $4 and $16 showing strength that a run is coming . Very under the radar here.
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GMJDubbs GMJDubbs 4 years ago
LV2 MMs sitting at $2 and $4 showing strength that a run is coming . Very under the radar here.
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GMJDubbs GMJDubbs 4 years ago
Atlas Engineered Products is a newly listed growth company that is acquiring and operating profitable, well-established companies in Canada’s truss and engineered wood products industry.

https://www.atlasengineeredproducts.com/
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Renee Renee 7 years ago
Archer Petroleum Corp. changed to Atlas Engineered Products Ltd.

http://otce.finra.org/DLSymbolNameChanges
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Renee Renee 8 years ago
APEUF one for 20 reverse split:

http://otce.finra.org/DLSymbolNameChanges
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1derrick_2015 1derrick_2015 9 years ago
Archer in Well Services Business Sale

Archer Limited has signed a definitive agreement to sell all the outstanding shares of Archer Pressure Pumping LLC, Archer Directional Drilling Services LLC, Archer Wireline LLC and Great White Pressure Control LLC to Quintana Energy Services LP (QES) in return for equity in QES. Upon the completion of the transaction, Archer will receive QES common units representing approximately 42% of the pro forma limited partner interest in QES.

QES, a portfolio company of Quintana Energy Partners LP, operates in the US onshore oilfield services industry through its subsidiaries, Directional Drilling Company and Consolidated Oil Well Services, the directional drilling and completion services business units of QES, respectively....

For more: http://www.1derrick.com/archer-in-well-services-business-sale/16994/
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Nyago Nyago 11 years ago
www.marketwatch.com/story/archer-petroleum-corp-corporate-update-2014-01-22-131733839?reflink=MW_news_stmp

News out for archer. Outlook looks good.
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Nyago Nyago 11 years ago
Oct 11, 2013 Archer retained progressive IR consultants Corp to provide investor relationship services. (200,000 stock options at an exercise price of 0.32 for a period if two years.)
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Nyago Nyago 11 years ago
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 19, 2013) -Archer Petroleum Corp. (TSX VENTURE:ARK)(DBFrankfurt:A6VA) ("Archer" or the "Company") is pleased to announce that it has closed the purchase and sale agreement (the "Acquisition Agreement") with Arrakis Oil Recovery, LLC ("Arrakis") for the acquisition by Archer of a 25% interest in the Peak Project.
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DDhawk DDhawk 11 years ago
http://www.stockhouse.com/news/press-releases/2013/06/20/financial-press-u-s-oilsands-open-for-business
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Nyago Nyago 12 years ago
Congrats on new high .66, holding strong at .61
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Nyago Nyago 12 years ago
New 52 week high at 60cents. Congrats to all.
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Nyago Nyago 12 years ago
Too bad you sold all your position. I feel lonely on the board now. Good luck to you. Hope to see you on another board in the near future
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DDhawk DDhawk 12 years ago
Good News keeps on coming...good4you Nyago...this company & it's officers seem to be quite capable, unusually transparent & on the right track to ultimate prosperity. That's why, do a degree, it pains me to have sold all my remaining shares today. I still see this as a very good prospect but, after the R/S split, I don't really have enough shares left to make a meaningful return & since my other 2 favorite stocks are presently on an unusually low-ebb, it looks like I'll be able to make a much larger return-on-investment, in a shorter period of time, by transferring my funds to those stocks instead.
We've seen a remarkable turn-around in this stock & things only seem to be getting better...if I had come-in post R/S when it was at .04cents, I'd be hanging-on tight but as it is, it's best that I regretfully move-on. Now that I'm no longer in an active position, I think it best to turn-over control of this boards Moderator position to someone that is actively engaged...I nominate 'you' Nyago...I know you're a Newbee but don't be intimidated by the task. It's really quite simple & only as time consuming as you choose it be. To make yourself the new 'moderator', simply click the 'add me as moderator' tab & you're set to go. After approval by iHub Admins, you will then have access to the behind the scenes controls of the 'Intro" (aka; iBox) , 'Sticky' posts section & more. This position will also give you the very important ability to moderate undersirable behavour & trash posts by outside influences. In any case, it has been good working with you here & I feel reasonably sure you will continue to prosper quite handsomely on this investment...GL2U & everyone else here on this board. Live long & prosper ;)
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Nyago Nyago 12 years ago
New 52 week high again and good news

May 03, 2013 14:40 ET
Archer Petroleum Corp.-Announces Winning Bid for 918 Acre Bituminous/Asphaltic Sands Lease

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 3, 2013) -Archer Petroleum Corp (TSX VENTURE:ARK)(OTCQX:APEUF)(DBFrankfurt:A6VA) ("Archer" or the "Company")
is pleased to announce that the Company has placed a winning bid with the School and Institutional Trust Lands of Utah for a bituminous/asphaltic sands lease comprising 918.95 acres in Sunnyside Tar Sands play in Carbon County, Utah. The Sunnyside Tar Sand deposit is believed to be one of the largest single deposits of bituminous/asphaltic oil sands in the United States and has been the subject of extensive exploratory analysis of the heavy oil/bitumen by various E&P companies in the past (Source: U.S. Department of the Interior Bureau of Mines, "Surface and Shallow Oil Impregnated Rocks and Shallow Oil Fields in the United States", 1965). Closing of the acquisition of this lease is subject to the formal execution of lease documents as provided by School and Institutional Trust Lands of Utah and is expected to happen in the coming weeks.
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Nyago Nyago 12 years ago
New 52 week high, things looking good.
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DDhawk DDhawk 12 years ago
;))
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Nyago Nyago 12 years ago
I am a small fish too. Maybe we can grow to medium fish when this takes off.
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DDhawk DDhawk 12 years ago
Good4U--- .48 on TSX...this appears to be a 'keeper' that keeps on giving...todays announcement of the possible acquisition of rights to "exclusively...produce & sell" Sandklene950 in the USA could be worth big bucks, all by itself, from what I've read so-far.

Didn't know about any shareholder meeting coming-up...I'm just a smallfish but if you should happen to attend, please enlighten the rest of us on what you heard...thx & GL2U ;)
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Nyago Nyago 12 years ago
Holy crap new 52 week high today. Glad I bought more this morning at much lower price.
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Nyago Nyago 12 years ago
That is true. I am debating if I should go to the shareholder meeting next week. But I will have to take time off work.
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DDhawk DDhawk 12 years ago
It's only a LOI but should this dual-purpose acquisition come2pass , I see this as money well-spent & I don't see the proposed 300K restricted shares as being much of a dillution factor (even if they cashed-in all at once) out the total 30M+ O/S. Trading on the Archer TSX has reached 500K+ already today & even though it appears to be sellers , the PPS is holding its ground pretty well....just sayin'
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Nyago Nyago 12 years ago
My concern is that they are only required to hold for 4 months, but I did picked up more today. Seems like a great price for all the good news lately.
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DDhawk DDhawk 12 years ago
Even more news today...some folks are 'strangely' selling on the news (as is usually the case) but , from what I'm able to ascertain , these new developments position Archer for even-greater goals & returns:
quote;
---------------------------------------------------------------------------------------------------------------------------------
Archer Petroleum Corp.-Announces Letter of Intent For Acquisition of 25% Interest in Peak Project and International Production and Sales Rights for Sandklene 950

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 30, 2013) -Archer Petroleum Corp (TSX VENTURE:ARK)(OTCQX:APEUF)(DBFrankfurt:A6VA) ("Archer" or the "Company") is pleased to announce its entry into a non-binding letter of intent with Imperial Petroleum Inc. and its subsidiaries, Arrakis Oil Recovery, LLC and Phoenix Metals, Inc. (dba Imperial Chemical Company) for the proposed acquisition by Archer of a 25% interest in the Peak Project and of certain exclusive international production and sales rights for Sandklene 950, a product used in the production of bitumen from tar sands. The right to produce and sell Sandklene 950 in the United States and to certain existing clients, customers and affiliates of Imperial Chemical Company internationally are excluded from the rights to be granted to Archer.
The Peak Project, located in Logan county, Kentucky, totaling approximately 270 acres, is comprised of certain lands included in mining permit application Number 071-9702 which are subject to a joint venture between Arrakis Oil Recovery, and Peak Concepts, LLC.
In consideration for the acquisition of the 25% interest in the Peak Project and granting of the specified rights to produce and sell Sandklene 950, Archer has agreed to pay Imperial Petroleum Inc. $800,000, reserve a $1.00 per gallon royalty to Imperial Petroleum Inc. on any international sales of Sandklene 950 made by Archer and to issue 300,000 common shares of Archer to Imperial Petroleum Inc. The shares issued to Imperial Petroleum Inc. will be subject to a statutory hold period expiring four months and one day after the issuance of the shares. The interests in the Peak Project and rights to Sandklene 950 which are to be acquired by Archer are subject to certain pre-existing third party royalties and interests.

Closing of the proposed transaction is subject to a number of conditions, including the parties completing their respective due diligence, a definitive agreement being entered into and approval of the TSX Venture Exchange. The letter of intent may be terminated at any time by any party providing written notice to the other parties. Unless otherwise agreed to by the parties, the letter of intent will automatically terminate in the event that: (i) a definitive agreement has not been executed on or before May 6, 2013; (ii) the parties' due diligence has been completed on or before May 6, 2013; (iii) the TSX Venture Exchange has approved the transaction on or before June 7, 2013; or (iv) any conditions to closing have not been satisfied, released or waived by the closing date on or before June 7, 2013.

About Archer Petroleum:
Archer Petroleum Corp. is an independent energy company focused on exploration and development in North America. The Company's shares are listed on the TSX Venture Exchange under the symbol "ARK" and the DB Frankfurt exchange under "A6VA". Further information on Archer can be found on the company's website at www.archerpetroleum.com.
ON BEHALF OF ARCHER PETROLEUM CORP.
Colin Bowkett, Director

Disclaimers
This news release is not an offer of securities of the Company for sale in the United States. The above described issuances of securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration. This news release shall not constitute an offer to sell or solicitation of an offer to buy nor shall there by any sale of the above described securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Forward-looking information in this press release includes, but is not limited to, statements regarding expectations of management regarding the acquisition of an interest in the Peak Project and the acquisition of certain exclusive international production and sales rights to Sandklene 950, the consideration for the acquisition of an interest in the Peak Project and the granting of specified rights to Sandklene 950, the expiry of the hold period for shares to be issued as consideration, the entry into a definitive agreement and closing of the transactions contemplated by the letter of intent. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that the parties may not enter into a definitive agreement, that the TSX Venture Exchange may not approve the transaction and that the conditions to closing of the transaction may not be satisfied.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Contact Information:
Archer Petroleum Corp.
Colin Bowkett
(604) 683-7588
(604) 683-7589 (FAX)
info@archerpetroleum.com
www.archerpetroleum.com

Marketwired (Canada)
April 30, 2013 - 9:20 AM EDT

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DDhawk DDhawk 12 years ago
From SEDAR 4/29/13 filing:
"VANCOUVER, BRITISH COLUMBIA, APRIL 25, 2013
Archer Petroleum Corp (TSX VENTURE: ARK) (“Archer” or the “Company”) is pleased to announce, in
conjunction with its on-going Bituminous & Asphaltic Sands development efforts in Logan County,
Kentucky, it has engaged a professional engineering firm to begin performing the requisite duties
associated with the preparation & submission of Kentucky State mining permit applications. The
Company is seeking permitting authority for the development of its 100% WI owned, 172 acre project
area. The permitting process is expected to take approximately 6 months to complete from the time of
application submittal.
“We are excited to take this important first step in the development of the Davenport Project. As our
initial development site the Davenport is ideally situated in the bitumen rich area of Logan County,
Kentucky, and will be a cornerstone project as we grow our operations”, states Colin Bowkett, President."
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Nyago Nyago 12 years ago
Lots of news today, reached our new 52 week high.
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DDhawk DDhawk 12 years ago
Looks good ;)
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Nyago Nyago 12 years ago
The company website is up and running. It looks different.
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DDhawk DDhawk 12 years ago
Shareholder update from Archer President:
*from an e-mail I traded with Colin today:
------------------------------------------------------------------------------------------------------------------------------------
Hello ________,

In terms of the Sandklene 950 – we did indeed purchase the rights to use the product – not the exclusivity. We would like to have been able to do so but unfortunately those rights were unavailable, and by securing the “use rights” we do have the ability to pursue our business model of becoming a heavy oil/bitumen producer.

I believe that one of the things that we will need to avoid (in due time….) is to rely too heavily on the technology angle – once this process is establish as an effective oil extraction method, the focus should shift from “does it work?” to “how much quality land do they have, and do they have a management team that has the ability to fund their operations and run the business efficiently.” This is the same paradigm shift that occurred in the Bakken Shale in the early days of horizontal frakking – once people saw it worked it wasn’t about who had access to the frakking tech, it was who had the best land and who had the cash.

In terms of numbers -- I can tell you the following, which is theoretical, and will only be proved correct or incorrect based on months of continuous field production which is the only way to be truly sure of your data:

The extraction unit are rated to be able to process up to approx. 100tons of crushed ore per hour, though we anticipate running the machine at somewhere less than that.

Depending on oil saturation levels we are seeing in the field of anywhere from 6% to 14% by weight, this could theoretically produce anywhere from 500+ barrels per day of bitumen.

If these numbers are correct, and we are able to sell the finished product to the market at levels approaching WTI less a reasonable discount for heavy oil, then we should be able to produce a very solid operating netback per barrel.

The expected Capex per single unit site is relatively low (approx. $3m), and the payback based on the above figures being correct is very fast (anticipated to be less than a year).

I know I am being somewhat vague in the details (as is my habit) – but you can see that the numbers become very compelling very quickly. We have a lot more work to do but as you know these things take time, and in the case of this project we feel the time is very well spent!

Regards/Colin
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DDhawk DDhawk 12 years ago
Indeed; 'multi-tasking' is a good-thing...more on that (& other) developments to be found here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86322107
Welcome aboard HBO11 ;)
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HB011 HB011 12 years ago
Last month, they put their hands on a private uranium property
Pardoe Lake property
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Nyago Nyago 12 years ago
Fair enough, I guess we just wait and ride this wave and see where it takes us
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DDhawk DDhawk 12 years ago
Gosh; I can't really help you on that one. Depends on a lot of factors...relative sharecounts,
unknown site assays, timing, overhead, unknown projected profits, forward P/E etc...who knows, not me ?
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Nyago Nyago 12 years ago
Awesome article, what are the stock price of similar companies of this size (referring to archer)? Figuring how much room this company can run
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DDhawk DDhawk 12 years ago
The story of Logan County Bitumen deposits...
*This informative (yet, separate) article (from last year) was composed w/ input from our closely-allied collaborator in the region, Imperial Petrolem, presumably using the same advanced tech of-which Mr.Wilson speaks of here: http://www.epa.gov/oem/content/ncp/products/sandklene.htm
-------------------------------------------------------------------------------------------------------------------------------------------------------
And here:
"Company to mine sand tars in north Logan
by Chris Cooper
Managing Editor
a year ago | 2168 views | 0 | 6 | |
Traveling through north Logan County, you expect to see beautiful rolling fields mixed with lush canopies of billowing tree tops. This land is known for it’s rough landscape, but hidden just beneath the surface, unknown by most, lies a hidden natural source that a company out of Indiana has big plans to tap into.

Arrakis Oil Recovery - a subsidiary of Imperial Petroleum of Evansville, Ind. - will soon be taking up residence in north Logan on a 121 acres in the Homer area the company has purchased to mine tar sands. The company also has a lease option on an additional 500 acres and is actively looking to obtain even more.

Tar sands are a combination of clay, sand, water, and bitumen, a heavy black viscous oil. Tar sands can be mined and processed to extract the oil-rich bitumen, which is then refined into oil. The bitumen in tar sands cannot be pumped from the ground in its natural state; instead tar sand deposits are mined, usually using strip mining or open pit techniques.

Jeffrey Wilson serves as President of Imperial Petroleum as well as manager of Arrakis. His son, Aaron Wilson will be the project manager for the Logan County project.

“We are a small public company,” said Jeffrey Wilson, adding that although the process is similar to strip mining, it is less invasive.

The sands in Logan County are at surface level, said Wilson, which will make it easier to get to.

“You could take a shovel and hit the oil sands,” Wilson said, adding you can use a front end loader or bull dozier to get down to the sands,” he said.

Wilson added their target is 17 to 20 feet but they could go as deep as 50 feet.

Although a small company, Imperial Petroleum is making a mark in the sand mining industry also having presence in the states of Louisiana and Texas.

What is so special about this company is the recent technology it is responsible for creating that is actually changing the way sands have been mined in the past. According to Wilson, there has been a lot of sand tar mining done in Canada; however, the process being used calls for steam and heat, which can leave chemicals behind in the sands after the bitumen is extracted.

“Canadian tar has always gotten a bad name. They are wet sands and steam is used to release the oil. The only problem with that is it doesn’t completely clean the sand which leaves hydrocarbon on it. There are huge piles left and lagoons of oily water which creates an environmental problem,” said Wilson. Another issue, Wilson said, is using heat in the process which he says can cause admissions into the air.

The technology created by Imperial Petroleum does away with the old ways.

“We have been working two to three years developing our process with a technology group in Texas,” said Wilson. “With our way we use a recycled water based chemical that allows us to clean the sand 100 percent free from hydrocarbon. It’s been certified by third party labs,” added Wilson. The chemical is non-toxic and biodegradable.

Wilson said his company is currently sending the technology to Canada to help clean up what was left behind from the old ways.

Imperial Petroleum has formed a joint venture with PEKA Concepts out of Texas to help move the unit that will extract the Bitumen from the sands to Logan County. Right now, the company is planning to build a pole barn type structure to house the equipment. Plans are also in the works for hiring workers to operate the equipment.

Wilson anticipates after the mining gets going they will be able to collect around 1,000 barrels a day. This product can be used in asphalt or can be sent to refineries. It can also be used as bunker fuel (crude oil) and used for ships.

The sand mines in Kentucky run northwest of Russellville up through Butler, Edmondson, Warren and Breckenridge Counties, says Wilson. A company mining in Edmondson County will be using their technology as well.

Wilson said his company is dedicated to making sure they are doing better than what is out there and not polluting the environment. They hope to begin the process in Logan County early to mid-summer of this year."
http://www.newsdemocratleader.com/view/full_story/18459046/article-Company-to-mine-sand-tars-in-north-Logan
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DDhawk DDhawk 12 years ago
Don't-we-all on a winner but.....better-safe-than-sorry. This looked like a graveyard a few months ago...so, you just never can tell.
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Nyago Nyago 12 years ago
Yea I regret not taking in a bigger position than I should have. Should have gone with my gut feeling.
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DDhawk DDhawk 12 years ago
Looks like their initial testing proved positive ;) Too bad the 6mo. permitting process
takes so damn long or we'd be in-the-green a whole lot sooner...oh well; still good news.
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Nyago Nyago 12 years ago
April 25, 2013 09:30 ET
Archer Petroleum Corp.-Commences Permit Application Process for Davenport Project

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 25, 2013) -Archer Petroleum Corp (TSX VENTURE:ARK)(DBFrankfurt:A6VA) ("Archer" or the "Company")
is pleased to announce, in conjunction with its on-going Bituminous & Asphaltic Sands development efforts in Logan County, Kentucky, it has engaged a professional engineering firm to begin performing the requisite duties associated with the preparation & submission of Kentucky State mining permit applications. The Company is seeking permitting authority for the development of its 100% WI owned, 172 acre project area. The permitting process is expected to take approximately 6 months to complete from the time of application submittal.

"We are excited to take this important first step in the development of the Davenport Project. As our initial development site the Davenport is ideally situated in the bitumen rich area of Logan County, Kentucky, and will be a cornerstone project as we grow our operations," states Colin Bowkett, President.
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DDhawk DDhawk 12 years ago
O.K., I see it here: http://www.marketwire.com/press-release/archer-petroleum-corp-commences-permit-application-process-for-davenport-project-tsx-venture-ark-1782916.htm
Nice jump on TSX on this news...163K vol to .44 http://www.stockhouse.com/companies/overview/v.ark
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DDhawk DDhawk 12 years ago
Where did you find that "news" ? I don't see it anywhere...please post links to findings as you come across them ;)
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DDhawk DDhawk 12 years ago
Thx4that Hyago...things keep getting better...GL2Us ;)
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Nyago Nyago 12 years ago
News out, 6 months to get a permit to commence work. New 52 week high. Cheers.
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Nyago Nyago 12 years ago
But then again wonder if i will be strong enough to hold that long
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Nyago Nyago 12 years ago
I can see myself make 500% on this stock :)
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DDhawk DDhawk 12 years ago
.445 on 55K vol on TSX...on-the-move again ;))
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