Diversified Oil and Gas Holdings (DVFI): Interesting Company. Ontario Petroleum I...

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Northrock

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Monday, 10/17/2005 8:13:36 AM

Monday, October 17, 2005 8:13:36 AM

Interesting Company. Ontario Petroleum Institute shows there is serious substance here.

http://www.ontpet.com/board.htm

link shows that Peter Rowe was THE PRESIDENT OF THE WHOLE INSTITUTE and this institution was founded in 1963 as a non-profit industry association which represents explorationists, producers, contractors, geologists, geophysicists, petroleum engineers and other professionals, individuals or companies directly related to the oil and gas, hydrocarbon storage and solution mining industries of Ontario.

In 1913, the first offshore well was drilled in Lake Erie of all places! With Rubicon subsidiary to BIGN they have 5000 acres in this historical area including 2% gross overriding interest in Talisman Romney 8-194-trs horizontal oil well. BIGN holds also through Tyche 50% of its oil & gas asset at Charring Cross in SW Ontario let alone option to acquire any ADDITIONAL LEASES and, UP TO 50% OWNERSHIP in Tyche Energy inc.

Tyche has another partner for Mosa & Dunwich Townships called Torque Energy that funds the development of thousands of acres but BIGN holds the cards to buy-in 50% of Tyche so this BIGN holds the ace value once it sees the property set to go then we move in and get paid right away. Torque expects to spud a well very soon is why it is moving up. There are going to be many wells spudding and this stock might soar.

Torque Energy is partners with Tyche and indirectly so is BIGN and if hydroslotting works so well then BIGN is going to be partners with Talisman, and Pogo Producing from what I recently uncovered. I will explain more what I found. Horizontal drilling is the only way to get any oil out of these areas under lots of water and Ian & Peter in particular are proven experts.
http://www.torqueenergy.com/assets.html

Rubicon positioned itself on the BOARD OF DIRECTORS of the US-Russia Business Council amongst the world's largest & most influential companies got my attention. So why is Rubicon Petroleum looking at Russia? I checked and it is a huge growth area and this consortium hosting the largest corporations shows the "old bloodline money world" at work again. The board of Directors starts off with ABB, Morgan Stanley, Archer Daniels Midland (ADM), Cargill, Pepsi, Intel, Lockheed Martin LMT, Boeing, VimpelCom, United Technologies, GM, 3M, Oracle, Coca-Cola, Tyumen Oil, RUBICON PETROLEUM, Hewlett Packard, Conoco Phillips, Yukos Oil, KPMG, HAL, Price Waterhouse, BECHTEL, CITIBANK, Ernst & Young, Chevron-Texaco, GE, CAT, XOM, and I have found that our man Peter Rowe is the key ingrediant for success (not to mention Ian's bio is amazing also). Peter Rowe was behind a company called Paragon to eventual giants like UnoCal & now Chevron-Texaco. With Rubicon I think BIGN will be getting into the Sakhalin region in Russia (Sakhalin is worth a google) and, for now revenues will soar from projects in North America such as what just got the stock going. Peter Rowe has quite a history...

Peter Rowe 27 years experience in the petroleum industry. He is the third generation of a family that traces its oil and gas roots back to 1897. Mr. Rowe was a founder and President of E. P. Rowe Oil Limited, a private Ontario based oil and gas company credited with discovering the Dover 7-5-V East Pool in 1983. From 1983 to 1986, Mr. Rowe served as Vice President of Exploration for Paladin Petroleum Corporation, a public Ontario oil and gas company. In 1986, E. P. Rowe Oil Limited merged with Paladin Petroleum Corporation to form PPC Oil & Gas Corp. ("PPC") and was listed on the TSE. Mr. Rowe served as President and CEO of PPC from 1987 to 1990. In 1991, PPC merged with Paragon Petroleum Corporation (Paragon's largest shareholder as of 1985 was Bell Canada by way of owning most of Daon Development Corp. that was major holder of Paragon since 1974). Daon Development Corp had taken a major stake in Paragon Petroleum going back as far as 1974 and Bell Canada Real Estate got their hands in the oil business in the mid '80's because of vast energy use in large corporate towers they own in Toronto. Mr. Rowe served as Vice President of Eastern Operations for Paragon from 1991 to November 1994.... it was a rather large oil co. back then. Then on March 27th, 1998 NorthRock Resources gobbled up majority shares of Daon Development (thus Paragon) and then the STORY GETS INTERESTING INDEED. In 1999 UnoCal Canada started to buy up close to 40% or 150M worth of NorthRock Resources (stock had a market cap of 380M) and later that same year held 47% of NorthRock for a cost of about 200M. UnoCal then announces May 18th 2000 that they want the whole company NorthRock Resources & Paragon inclusive of course. UnoCal Canada would shell out another 220M or 420M for the entire acquistion cost through '99-'00. Very Historical Event if you read below.... (check the official doc if you want)

http://www.msc.gov.mb.ca/orders/unocal.html

1959 Paragon Oil Inc (usa) acquired by Texas Co. and later that same year becomes Texaco then in 1984 buys Getty Oil
1984 Gulf Oil merges with SoCal & becomes Chevron Corp
2001 CHEVRON MERGES WITH TEXACO => CVX

Most recently Mr. Rowe served as Chairman and CEO of Rubicon Petroleum Inc. and just past President of the Ontario Petroleum Institute (the "Institute") and currently serves as both a Director and a member of the Executive Committee of the Ontario Petroleum Institute. Peter Rowe founded & developed an oil company that got bought by UnoCal for 420M is no slim feat. in the later '90's it was his projects like feasibility studies of Canadian Oil Sands projects and developing horizontal drilling technique hydroslotting that have got other companies fetching for multi-milliions. Ontario township projects Peter Rowe has with Torque, Talisman, Tyche & then there's many other wells producing now like Grimes are or will be all optioned to BIGN for hydroslotting. NY-IOGA recently endorsed the hydroslotting technique. see "stripper well consortium", see link....

http://www.energy.psu.edu/swc/

also see

www.energy.edu/swc/proposals/2005/hydroslotter.pdf

Sakhalin fields (google that area) eventually can generate major international revenues & profits for BIGN & partners. Russian-US business council BoD member John LittleJohn represented Rubicon Petroleum amongst the giants in the list (this goes back to 2002) and we are still a member amongst giants, see...
we are just below Raytheon & Reebok Russia....

http://www.usrbc.org/russian%20site/members.htm

so our partners will be simply THE BIGGEST THERE IS and we have our own reserves to spud also

BIGN will soon be classified as a new type of advanced DRILL SERVICE - OIL & GAS OPERATING CO. rather than a diversified venture capital firm

see the synergy yet? how about the fact that we just closed the Rubicon asset purchase Sept.19th right when UnoCal Canada divested NorthRock Resources to PoGo Producing for 1.7B (yes, the same NorthRock Resources JUST sold for over 1.7 Billion to nyse:PPP), Sept27th, 2005 so, I think we have major connections to PoGo Producing let alone UnoCal & CVX that finally completed their merger for about 17B just here last August. CVX paid $69/share x 245m shares

now I understand the estimates coming out of the company!
August 2005 Chevron-Texaco complete merger with UniCal

that's just E. Peter Rowe, then the trio of Ian Colquhoun Ph.D & Jean Claude Bonhomme => they have now roots to Canada UniCal => CVX
because of their history with Paladin Paragon NorthRock and now Pogo Producing as I outlined above; Ontario Petroleum Institute, Shell, Canadian Occidential Petroleum are gravy

see PPP:nyse news Sept27th,2005 for NorthRock acquisition details
or maybe this link works below

http://www.google.com/search?oi=stock&q=stocks:PPP&prev=/search%3Fq%3Dppp%26hl%3Den%26lr%3D%...