go to this link from Gumshoe...
https://www.stockgumshoe.com/2009/09/profits-in-paris-earn-4620-from-this-secret-oil-discovery.html
excerpts...
I know that almost all of you have probably seen this ad …
“Texas Company Tapping $2.8 Trillion Oil Reserve… Under the Eiffel Tower
“Tiny company from Dallas preparing to extract 40 billion barrels of crude oil from beneath Paris, France…
“Discovery big enough to fuel U.S. demand for 5.2 years, according to Energy Information Administration…
“Estimates show 4,620% gains for investors who get in now… before this oil comes to market…”
The ad is for the Money Map Report, one of many confusingly-named letters in the great Agora universe, and the letter’s from publisher Mike Ward. He’d like you to sign up for your $50 subscription to learn about this Paris oil driller … feel free to subscribe, if you like, but if you just want the basic info.
This company is Toreador Resources (TRGL)
And I was hoping that if I waited a few days to write to you about it, the initial enthusiasm over these shares would die down a bit, but they’re still holding pretty firm at just under $8 a share, a good 50% jump from the $5 or so that the shares traded at before this ad began running last week (they did have a market cap of roughly $100 million, now it’s about $160 million).
I’d still imagine that, unless we see oil spike higher or some early and unexpected news from Toreador, that the price seems very likely to come down a bit — big spikes like that from newsletter attention don’t usually last that long. I could be wrong, of course, but I’d be surprised if we didn’t see the shares tail off a bit in the coming weeks if the marketing push slows down.
Toreador does hold some other interests in Europe, in both Hungary and Turkey, but they seem to be very focused on the potential of the Paris Basin projects and they’re trying to sell off their other holdings to focus their energy.
The company was indeed a Texas firm, focused on oil royalties, until they bought Madison Oil and Pogo Hungary several years ago and decided to build up their European concessions and production. More recently, this year, they announced efforts to focus more specifically on their Paris Basin oil shale projects, smelling the potential for transformative production there.
So yes, as the ad implies, this is a “Tiny Texas Company” that’s using the horizontal drilling and fracturing technologies that have been so successfully applied in the Williston Basin/Bakken oil fields to try to dramatically increase oil production in the Paris Basin.
carlos