stocks uptrend boston daily investor lert llc expect several earthshaking news releases week next earnings driven short term target much higher tradestar corporation tirr next big mover current price 0 85 short term outlook explosive growth 200 percent est shares 34 1 million approx float 1 5 million market capitalization 25 6 million industry p e 16 x industry average 52 week price change 472 otc pink sheets tirr today announced acquisition 100 working interest 4 well oil field karnes county texas south texas field shut since mid 1990 price oil declined less 10 00 per barrel situated 260 acres tradestar initially focus efforts nobson field reserves approximately 100 000 barrels company also options adjoining acreage additional prospects recompletion project anticipated completed online mid november expected yield 25 30 barrels oil per day oct 6 2004 tradestar corporation otc pink sheets tirr today announced acquisition producing gas well disposal well erath county texas single well package currently producing 50 thousand cubic feet natural gas per day one offset drill location could push daily production better 200 thousand cubic feet per day additional 300 acres surrounding wells option well acquisition also offers barnett shale potential tradestar ceo tom feimster called strategic light company current joint venture united production exploration oil natural gas prices sitting near 10 year highs north american oil gas companies generating exceptionally strong financial results increased consumption reliance foreign imports driving price crude nearly 50 per barrel resulting us energy situation serous domestic energy crisis since arab oil embargo 1970 57 us oil coming foreign imports us crude inventories likely remain low levels given anemic production venezuela nigeria continuing uncertainty iraqi wells production caps opec natural gas front supply continues remain tight increasing demand shrinking relative us production international supply issues increasingly driving renewed trend towards domestic exploration production operations new developments petroleum industry beginning play terms discovery new reserves efficient production existing reserves increased use technologies 3 seismic making new exploration affordable effective use secondary tertiary recovery processes recover 60 oil left ground primary production techniques tradestar corporation rapidly emerging independent oil gas company engaged exploration development exploitation shore oil natural gas opportunities proven producing areas united states including oklahoma texas louisiana company intends utilize advanced oilfield surveying extraction technologies 3 seismic lateral drilling enhanced oil recovery identify acquire exploit bypassed overlooked reserves rapidly exploited without significant risk capital expenditure company capitalizing major trends domestic oil gas ep operations carefully screening selecting properties maximum potential overlooked bypassed production opportunities using advanced production technologies minimize risks guidance management team experienced oil gas exploration production tradestar developed critical strategic relationships oil industry partners beginning aggressive acquisition strategy targeting number highly promising opportunities throughout united states number major projects acquisition pipeline believe tirr presents unique chance invest domestic oil gas boom aggressive investors looking average return potential portion investment capital give tirr serious consideration management company headed ceo tom feimster highly talented experienced oil gas industry posses wealth technical expertise knowledge believe tirr developed viable highly promising acquisition strategy backed commitment use new oilfield technologies focus exploiting proven producing properties enable company rapidly develop significant revenue streams investors current trading levels may rewarded short term beyond tirrs business plan executed tirr one markets best kept secrets expect investors give issue increasing attention coming months reasons consider adding tirr investment portfolio outlook oil gas stocks extremely positive prices historic levels continued demand stimulating additional exploration production efforts among domestic producers seems unlikely prices remain current levels long term outlook demand higher prices unparalleled recent history current market conditions domestic ep companies experiencing huge run prices seek exploit north americas significant oil natural gas resource base new exploration techniques drilling technologies dual positioning high growth oil natural gas markets believe tirr exceptionally well situated benefit favorable market conditions stands see significant appreciation share price near term period operations exploration production natural gas properties tirr ideally positioned forefront us natural gas boom us demand natural gas increasing domestic production becoming strained many long term prime producing areas reaching point depletion 2020 us consumption natural gas driven expansion gas fired electric generation facilities expected reach 37 trillion cubic feet approximately 23 tcf currently natural gas prices spot market nearly doubled less 2 years ago currently testing 6 per million british thermal units btu price threshold increases 8 9 levels likely winter months us demand exceeding production roughly 18 19 tcf per year approximately 14 us natural gas needs already imported canada natural gas impossible transport across oceans exception lng represents small fraction overall natural gas consumption created tremendous future domestic ep firms including tirr tradestar process acquiring balanced portfolio producing oil gas properties onshore gulf coast oklahoma significantly improve asset base revenue earnings outlook near term period tirr entered letter intent acquire two properties heavily producing arkoma basin region oklahoma one prolific natural gas producing areas north america estimated reserves 30 tcf company also proposed jv project dynamic barnett shale natural gas play central texas largest producing gas field texas estimated reserves 10 tcf tirr additionally acquired 260 acre property karnes county texas mature producing area provide new opportunities due improvements drilling technology production techniques properties additional planned acquisitions onshore gulf coast region believe tradestar admirably positioned strong junior oil gas investment tirr developed innovative business model centered pursuit balanced development exploration strategy portfolio use advanced oilfield survey recovery technologies significantly improve production efforts acquired properties tradestar seeks acquire bypassed overlooked reserves proven producing areas develop working interests undercapitalized producing projects tirr intends capitalize maximize already developed drilling exploration projects lower cost initiatives high degree success including infield drilling drilling multiple wells onto existing leasehold development behind pipe reserves development shallower pay zones deepest productive zone established wells secondary eor recovery techniques lateral drilling use advanced completion production techniques tradestar also intends aggressively pursue acquisition opportunities higher risk higher reward ep prospects utilizing advanced data analysis reprocess older 2 seismic data 3 seismic correlating seismic gravity geochemical geologic data existing well logs significantly mitigate expense risk traditionally associated new ep projects future looking statements based expectations estimates projections time statements made involve number risks uncertainties could cause actual results events differ materially presently anticipated forward looking statements action may identified use words projects foresee expects estimates believes understands anticipates statements indicating certain actions may could might occur information provided 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