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CZHC Closes Strong, Gains 45% After Our Alert!

4/19/2010 7:07 PM
Penny Stocks by: StockExplode

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Our newest big pick, CZHC, continued its run today, closing up another 45% on growing volume that was 30% higher than last Friday`s volume! CZHC released some great news this morning that fueled the run, and we are expecting even more news and announcements from the company in the near future that should keep this run going, and take it to new levels! After today`s close, Barchart has issued CZHC a 100% BUY RATING based on the Short Term Indicators, and an overall BUY RATING of 72%.....It doesn`t get much better than that folks! CZHC Czech Republic Resource Corp is an independent producer of oil and gas. The Company is engaged in the acquisition, exploration, and development of properties for production of crude oil and natural gas, targeting primarily known wells in the state of Louisiana.

CZHC targets properties with an aim to build value for shareholders and produce solid revenues and profitability. The Company has recently focused on Caddo Pine, Louisiana, a region which contains an estimate two billion plus barrels of Remaining Oil in-place, and is the richest field in the Onshore Gulf Coast Basin. The Company owns two leases, with a total of six wells. The Thacker lease has four wells on 14 acres of land. These four wells have approximately 184,676 barrels of primary recoverable oil. The Thrash lease has two wells on six acres of land with 49,589 of primary oil. That brings the total of the two leases to 234,265 barrels of primary recoverable oil. With the price of crude oil currently being around $82 a barrel, the estimated value of the reserves stand at over $19M USD.

Czech Republic Resource Corp. In Negotiations With Jedi Energy Partners, LLC NEW YORK, NY--(Marketwire - 04/19/10) - Czech Republic Resource Corp., an energy company engaged in the acquisition, exploration, and development of properties for production of crude oil and natural gas, is proud to announce today it has entered in negotiations.

The Company is currently in negotiations with Jedi Energy Partners, LLC to drill multiple wells in the West Texas area. Jedi Energy Partners currently have several leases that have been tied up and have built a partnership with the Driller/Operator in the area. They have drilled over 135 wells in West Texas and have over 35 years` experience. These prospects are considered in field which mean they are older fields that have produced at one time or another.

This opportunity would put the Company in position to be an important player in the Oil & Gas market in Texas.

For research reports, technical analysis, and discussion boards for CZHC, visit | 505 N Rock Rd | Wichita, KS 67206 The disclaimer is to be read and fully understood before using our site, or joining our email list.

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