NERG Looks Ready for Lift Off
Hello there Readers!
We hate interrupting your Sunday evening, but if you had the same kind of news that we have for you today then we would not mind that interruption.
If you're looking to begin the week with some quick and easy profits, then NERG should be the ticker on your radar for tomorrow.
NERG is a sub penny play that operates in the energy sector in the United States.
The greater number of our triple and quadruple-digit winners have been tiny float, sub penny stocks that have setups just like NERG.
NERG has incredible upside potential from its current sub penny price-level of $0.0054
It looks as if the trend and upside of this mini-giant has already started. Heavy volume and strong investor interest is already present, this thing could take off on Monday morning!
This rush of investors we see eager to buy shares of the company could cause this tiny float, sub penny alert to double or better in share price!
NERG is also a vertically integrated natural gas production company. It’s current focus is on acquiring abandoned coal bed methane gas wells in Wyoming, and to convert those wells into profitable producing assets.
The Company has a patented, proprietary technology to produce natural gas without pumping water out of the ground from inside a well. This device reduces overhead from conventional methods of natural gas production by as much as sixty percent (60%).
CEO Kevin Trizna commented that, "This is an exciting time for our company as we launch into the future with a shift in a new direction." Mr. Trizna further states, "The company will be updating investors on a regular basis as NERG develops. I am proud of our team and I believe shareholders will be proud of the value we are building on a daily basis.”
These quotes and more can be read in a press release in the link below:
http://finance.yahoo.com/news/nutech-energy-resources-debuts-trading-131500946.html
The U.S. Energy Information Administration (EIA) predicts that Americans will consume approximately 76.2 billion cubic feet of natural gas per day in 2015, and this will increase to 76.4 billion cubic feet per day in 2016.
When you factor in the technicals, the sub penny price, the spread in the Level-II, and the ridiculously low float at these levels, you just can’t see how this baby fails. Check out some of these statistics and that float here:
https://research.tdameritrade.com/grid/public/research/stocks/fundamentals?symbol=ECMZ&docKey=100-350b9128-1
BUSINESS SUMMARY
(NERG - NuTech Energy Resources, Inc.)
http://www.nutechenr.com
NuTech Energy Resources, Inc. or NERG is a corporation vertically integrated in natural gas production that operates in the energy sector in the United States. The Company is a natural gas and oil exploration and development company that has developed a patented technology for the production of coal bed methane without the need to pump water out of the ground from inside a well. NuTech Energy Resources, Inc. has acquired a patent to use proprietary technology to produce natural gas without pumping water out of the ground from inside a well. The device reduces overhead from conventional methods of natural gas production by as much sixty percent. NuTech Energy Resources, Inc. currently operates wells in the Powder River Basin area of northern Wyoming and has commitments to acquire thousands of additional wells.
Coal bed methane wells typically produce large volumes of water when they are operated according to traditional practice. The water is pumped out of the well, liberating methane gas from the coal seam. The removal of water from wells not only has a cost related to pumping and handling, but disposal of the water creates a separate set of problems as well as costs. These costs cause most coal bed methane wells to become economically unfeasible in a relatively short time period. The result has been the shutting-in or abandonment of thousands of wells throughout the region. NERG is uniquely poised not only to remedy this problem for the industry, but to acquire and profitably operate wells that were previously cost prohibitive.
The company was formerly known as EcoEmissions Solutions, Inc. and changed its name to NuTech Energy Resources, Inc. in June 2015. NuTech Energy Resources, Inc. is based in Gillette, Wyoming.
MARKET OUTLOOK
Global coal bed methane market is expected to reach USD $17.31 billion by 2020, growing at a compound annual growth rate of 5.9% from 2014 to 2020. Unconventional coal bed methane reserves, especially in coal-rich regions are increasingly gaining the spotlight as the industry strives for energy independence. Exploration and commercialization of unconventional hydrocarbon energy sources is seen as a critical step by energy agencies, to stabilize the energy supply-demand gap in the coming years. With coal bed methane being a pure natural gas form, producers and consumers also have the opportunity to obtain much needed carbon credits and tax incentives.
Global coal bed methane production was 2,920.3 billion cubic feet in 2013 and is expected to reach 4,667.4 billion cubic feet by 2020, growing at a common annual growth rate of 7% from 2014 to 2020.
Power generation and industrial applications dominated compound annual growth usage, accounting for over 64% of global volumes in 2013, with the former expected to be the fastest growing compound annual growth market, at an estimated compound annual growth rate of 8.5% from 2014 to 2020.
U.S. and Canada are the largest coal bed methane producers, accounting for over 70% of global volume in 2013. U.S. coal bed methane market revenues were estimated at USD $7.22 billion in 2013 and are expected to grow at a compound annual growth rate of 5.4% from 2014 to 2020.
Asia Pacific is expected to be the most dynamic regional market, with significant unexplored reserves. China, India and Indonesia are expected to lead the Asian coal bed methane industry. The Chinese Ministry of Land and Resources has already announced plans to produce 16 billion cubic meters of coal bed methane by 2015, while Indonesia has already audited 1,000 billion cubic feet net resources and has production target of over 15,000 billion cubic feet by 2020.
Key companies involved in CBM extraction include Arrow Energy, Dart Energy, Santos, PetroCHina and petronas.
For more information and this full market outlook report click the link below:
http://www.prnewswire.com/news-releases/coal-bed-methane-cbm-market-worth-1731-billion-by-2020-grand-view-research-inc-511406551.html
There you have it folks, start your own research on NERG now! The OTC markets can be very exciting but also very volatile. So always trade with caution and never risk more than you could afford. Enjoy!
