Digg it UP - Finance

Project Management and Time Management - Software
Do you have an effective action plan that gets your objectives complete? You might ask, “What is an action plan?” As you should know, your objectives are the sum of one or more tasks. To complete these tasks, of course you need to take one or more actions as well. Your action plan is pretty much a list of these actions in a useful order that can be used to get them done. When they are all done, so is the objective.Many have heard “Plan your work, and work your plan.” This is where the real deal occurs. With a workable plan, it’s a lot easier to focus on each action in it’s time, finish it, then move onto the next. Before you know it, the objective is done. Further with the simpler job of doing the tasks (actions) from beginning to end, things tend to flow through the whole process, and before you realize it, it’s done in record time. That’s why action plans are real important in time management.Time management is of course the process of effective use of your time. When you eliminate time waste and accentuate highly effective uses of time, you need to keep a focus on what the objective is. Good time management is where the time is used to get objectives completed on time. Breaking it down to the actions and walking them through will bring you to the poin

1) COAL SEAM THICKNESS

Is there a reasonable thickness of coal? You should find out how thick the coal seams are. With thickness, you get the regional extent of the resource. For example, there must be a minimum thickness into which one can drill a horizontal well.

2) GAS CONTENT

Typically, gas content is expressed as cubic feet of gas per ton of coal. Find how thick it is and how far it is spread. Then, you have a measure of unit gas content. Between coal seam thickness and gas content, you can determine the size of the resource. You have to look at both thickness and gas content. It’s of no use to have high gas content if you don’t have very much coal. The industry looks at resource per unit area. In other words, how much gas is in place per acre, hectare, or square mile? In the early stage of the CBM exploration, this really all you have to work with in evaluating its potential.

3) MATURITY LEVEL OF THE COAL

This is the measure of the stage the coal has reached between the mineral’s inception as peat. Peat matures to become lignite. Later, it develops into

Revenue Profits From Your Ezine
One of the main reasons why publishers start their own ezine is to profit from their publications. This is normally in the form of paid advertisements. Paid advertisements are a great way to generate revenue for your ezine, but there are some things you must know first before you plunge ahead.Generally once your subscriber list reaches around 1,000 readers then you can start charging for your ad space. Can you start charging at an earlier stage?Yes, but you may not get the same response as if your list was larger. Unless you have a highly targeted list, for instance if every subscriber has been approved first and all the readers all have an area of expertise in common.For instance the list can consist of only publishers, or only entrepreneurs of the same type of business. Any type of highly targeted list will offer paid advertisements at an early stage.There is no need to become greedy and start charging when you have 50 subscribers. Patience is something you have to learn with ezine publishing so you can the benefits later.WHAT TYPE OF ADS CAN READERS PAY FOR?Generally you have classified ads, and sponsorship ads.Classified ads are generally free or very low cost due to the fact that most of these ads are at the bottom

More investors are now inquiring about Coalbed Methane exploration companies. Just as uranium miners were flying well below the radar screen in early 2004, coalbed methane exploration may very well be the next very hot sector later this year and next. Historically, coalbed methane gas endangered coal miners, resulting in alarming fatalities early in the previous century. This is the fate suffered today by many Chinese coal miners in the smaller, private coal mines. Typically, the methane gas trapped in coal seams was flared out, before underground mining began, in order to prevent those explosions. Rising natural gas prices have long since ended that practice.

Today, coalbed methane companies are turning a centuries-long nuisance and byproduct into a valuable resource. About 9 percent of total US natural gas production comes from the natural gas found in coal seams. Because natural gas prices have soared, along with the bull markets found in uranium, oil, and precious and base metals, coalbed methane has come into play. It is after all a natural gas. But because it is outside the realm of the petroleum industry, coalbed methane, or CBM as many industry insiders call it, is called the unconventional gas. It may be unconventional today, but as the industry continue to grow by leaps and bounds, on a global scale, CBM may soon achieve some respect. Please remember that a few years ago, there was very little cheerleading about nuclear energy. Today, positive news items are running far better than ten to one in favor of that power source.

CBM is the natural gas contained in coal. It consists primarily of methane, the gas we use for home heating, gas-fired electrical generation, and industrial fuel. The energy source within natural gas is methane (chemically, it is CH4), whether it comes from the oil industry or from coal beds.

CBM has several strong points in its favor. The gases produced from CBM fields are often nearly 90 percent methane. Which type of gas has more impurities? No, it isn’t the natural, or conventional, gas you thought it might be. Frequently, CBM gas has fewer impurities than the “natural gas” produced from conventional wells. CBM exploration is done at a more shallow level, between 250 and 1000 meters, than conventional gas wells, which sometimes are drilled below 5,000 meters. CBM wells can last a long time – some could produce for 40 years or longer.

Natural gas is created by the compression of underground organic matter combined with the earth’s high temperatures thousands of meters below surface. Conventional gas fills the spaces between the porous reservoir rocks. The coalification process is similar but the result is different: both the coalbed and the methane gas are trapped in the coal seams. Instead of filling the tiny spaces between the rocks, the coal gas is within the coal seams.

One of the past problems associated with CBM exploration was the reliance upon expensive horizontal drilling techniques to extract the methane gas from the coal seams. Advanced fracturing techniques and breakthrough horizontal drilling techniques have increased CBM success ratios. As a result, a growing number of exploration companies are pursuing the early bull market in CBM. Market capitalizations for many of these companies mirror similar “early plays” we mentioned during our mid 2004 uranium coverage (June through October, 2004). Industry experts told us there would be a uranium bull market. Now, we are hearing the same forecasts about CBM.

SEVEN TIPS BY DR. DAVID MARCHIONI

We asked Dr. David Marchioni to provide our subscribers with his 7 Tips to help investors better understand what to look for, before investing in a CBM play. Dr. Marchioni helped co-author the CBM textbook, An Assessment of Coalbed Methane Exploration Projects in Canada, published by the Geological Survey of Canada. He is also president of Petro-Logic Services in Calgary, whose clients have included the Canadian divisions of Apache, BP, BHP, Burlington, Devon, El Paso Energy, and Phillips Petroleum, among others. He is also a director of Pacific Asia China Energy and is overseeing the company’s CBM exploration program in China.

Our series of telephone and email interviews began while Dr. Marchioni sat on a drill rig in Alberta’s foothills, the Manville region, until he finished outlining his top 7 tips, or advices, on how to think like a CBM professional.

1) COAL SEAM THICKNESS

2) GAS CONTENT

3) MATURITY LEVEL OF THE COAL

This is the measure of the stage the coal has reached between the mineral’s inception as peat. Peat matures to become lignite. Later, it develops into b

Web Site Promotion - The Two Most Pathetic Ways To Advertise Your Online Business!
For those of you who are running Home Businesses on the Internet you are well aware that in order to make a living from your online business you must obtain a steady stream of targeted visitors to your website.When you first start up, it is normal to have a very limited advertising budget. So the logical choice for promoting your business is thru free advertising. However keep in mind that because it's free, doesn't mean it's good!In my book, the first form of advertising to stay away from is FFA advertising (Free for All). FFA websites are just a huge link farms full of crap and unrelevant content. When you submit your e-mail address they add it to their SPAM mailing lists and pretty soon you're getting a load of junk email, but no targeted traffic.FFA website are already being banned by the search engine so the ads are never seen by anyone. Even worse, Google may penalize your ranking if your site stick to much with them. So don't waste your time on FFA!The second form of advertising to avoid that comes to my mind is submitting your website to a Gazillion of search engines... Forget about it. It is well know amongst search engine optimization professionals that there are less than 10 working search engines and directories.This is j

he petroleum industry, coalbed methane, or CBM as many industry insiders call it, is called the unconventional gas. It may be unconventional today, but as the industry continue to grow by leaps and bounds, on a global scale, CBM may soon achieve some respect. Please remember that a few years ago, there was very little cheerleading about nuclear energy. Today, positive news items are running far better than ten to one in favor of that power source.

SEVEN TIPS BY DR. DAVID MARCHIONI

1) COAL SEAM THICKNESS

2) GAS CONTENT

3) MATURITY LEVEL OF THE COAL

This is the measure of the stage the coal has reached between the mineral’s inception as peat. Peat matures to become lignite. Later, it develops into

Seven Qualities That Make A Good Career Consultant
CLUETRAIN MANIFESTED - If you don't know where you are going - how on earth do you expect your coaching clients to understand their mission, dream, purpose, mission, goal? A good career consultant has clarity and works their sox off to give the same to their clients.Many people are attracted by the idea of giving other people advice and guidance - it brings out the 'people-loving' side of even 'die-hard' human resource and employment management professionals who think they might just retire into that role.DODO FOOD? Just because people you managed in the organization used to listen to you before when you had some control over their lives does not mean that they will pay attention now. You must have something that they would cheerfully pay to hear.In fact - you need within just a few minutes to build a rapport so strong that the individual will comfortably tell you their life story, unafraid and in total confidence. If you cannot do this now you should not practice on your clients. Do you really listen, so you can hear even what is NOT being said?IDEAPRENEURS I want you to listen for the person. Listen for who the person is. It comes from focusing your attention on them and on anything you can learn about them as people. Here are three ways

e shallow level, between 250 and 1000 meters, than conventional gas wells, which sometimes are drilled below 5,000 meters. CBM wells can last a long time – some could produce for 40 years or longer.

SEVEN TIPS BY DR. DAVID MARCHIONI

1) COAL SEAM THICKNESS

2) GAS CONTENT

3) MATURITY LEVEL OF THE COAL

This is the measure of the stage the coal has reached between the mineral’s inception as peat. Peat matures to become lignite. Later, it develops into

Use Your Credit Card to Make Money this Holiday Season: Reward Yourself by Purchasing Gift Cards
While no one likes running up their debt during the holiday season, many of us have found the convenience of using credit cards irresistible. According to a nationwide study by Experian, about 46% of the U.S. population owns at least two credit cards with more than 16% accessing at least half of their credit. From online bookstores and home improvement centers, to gasoline stations and restaurants, using plastic has evolved as the preferred payment method of choice.However, managing your expenses and being responsible in your spending habits could determine which credit card is best for you. When choosing a credit card ask yourself, is paying down my balance over a period of time more important to me then paying it off each month? If so, then a card with a zero- to low-introductory rate makes more sense versus one that charges annual fees and a higher interest rate. Comparison shopping for low-interest credit card rates http://moneycentral.msn.com/loan/home.asp?iType=8) can amount to huge savings in the long run.Gift Cards can be RewardingIn an effort to attract borrowers, along with low introductory rates, many banks are offering rewards or rebate incentives.

ys” we mentioned during our mid 2004 uranium coverage (June through October, 2004). Industry experts told us there would be a uranium bull market. Now, we are hearing the same forecasts about CBM.

SEVEN TIPS BY DR. DAVID MARCHIONI

1) COAL SEAM THICKNESS

2) GAS CONTENT

3) MATURITY LEVEL OF THE COAL

This is the measure of the stage the coal has reached between the mineral’s inception as peat. Peat matures to become lignite. Later, it develops into

The Slight Edge Philosophy
The slight edge philosophy is the idea of performing either simple disciplines or simple errors in judgments that will either build or destroy your business. The simple disciplines are what you want to get accustom to. I promise you that if you follow simple disciplines you will be able to double, triple, or even quadruple your income with in the next twelve months.It is not difficult at all to build a massively successful MLM business if you follow the simple disciplines, such as, making your phone calls every day, following up with people consistently, going to all the business briefings, even if you have seen them a hundred times, doing your 15 minutes of personal development a day, or doing your exposures every day. You already know what you have to do to be successful in the business, you just have to do it.It's easy to do all the things that I've just mentioned. All you have to do to make an exposure is go up to someone and tell them about what you're doing.Is it really that difficult to open your mouth? It's easy,but it's also easy not to do, and that is the trap that so many people fall into when they are in this business. They fall into the trap of performing simple errors in judgment, rather

1) COAL SEAM THICKNESS

2) GAS CONTENT

3) MATURITY LEVEL OF THE COAL

This is the measure of the stage the coal has reached between the mineral’s inception as peat. Peat matures to become lignite. Later, it develops into bituminous coal, then semi-anthracite and finally anthracite.

There is a progressive maturation of coal as a geological time continuum and the earth’s temperature, depending upon depth. By measuring certain parameters, you can determine where it is in the chemical process. For instance, the chemistry of lignite is different from that of anthracite. This phrasing is called “coal rank” in coal industry terminology.

4) PERMEABILITY

When you are beginning to think about CBM production, this and the next item must be evaluated. How permeable is the CBM property? You want permeability, otherwise the gas can’t flow. If the coal isn’t permeable at all, you can never generate gas. The gas has to be able to flow. If it is extremely permeable, then you can perhaps never pump enough water. The water just keeps getting replaced from the large area surrounding the well bore. The water will just keep coming, and you will never lower the pressure so the gas can be released.

5) WATER

In a very high proportion of CBM plays, the coal contains quite a lot of water. You have to pump the water off in order to reduce the pressure in the coal bed. Gas is held in coal by pressure. The deeper you go, typically the more gas you get, because the pressure is higher. The way to induce the gas to start flowing is to pump the water out of the coal and lower the “water head” of pressure. How much water are we going to produce? Are we going to have to dispose of it? If it’s fresh, then there may be problems with regulatory agencies. In Alberta, the government has restrictions on extracting fresh water because others might want to use it. One could be tapping into a zone that people use as water wells for farms and rural communities. Both water quality and water volume matter. For example, Manville water is very salient so nobody wants to put it into a river; this water is pushed back down into existing oil and gas wells in permeable zones (but which are also not connected to the coal).

6) FUNDING

To be able to access land and do some initial drilling, i.e. the first round of financing, it would cost a minimum of C$4 million. This would include some geological work and drilling at least five or six wells. In Horseshoe, that would cost around C$4 million (say 1st round of finance); in Manville, about C$9 million. This is under the assumption that the company doesn’t buy the land. The land in western Canada is very expensive and tightly held. Much of the work is done as a “farm in” drilling on land held by another for a percentage of the play. (Editor’s note: During a previous interview, Dr. Marchioni commented about his preference for Pacific Asia China Energy’s land position in China because comparable land in western Canada would have cost “$100 million or more.”

7) INFRASTRUCTURE

The geology only tells you what’s there, and what the chances of success are. You then have to pursue it. Can we sell it? Gas prices are “local,” meaning they vary from country to country, depending whether it is locally produced and in what abundance (or lack thereof). How much can we extract? How much is it going to cost us to get it out of the ground? Are there readily available services for this property? Will you have to helicopter a rig onto the property at some incredible price just to drill it? Will you have to build a pipeline to transport the gas? Or, in China as an example, are there established convoys for trucking LNG across hundreds of kilometers?

One addition, which we have mentioned in previous articles, and especially in the Market Outlook Journal, “Quality of Management Attracts PR,” it is important that the CBM company have experienced management. This would mean a management team that includes those who have gotten results, not only a veteran exploration geologist but a team that can sell the story and bring in the mandatory financing to move the project into production.

There are two primary reasons why many of these coalbed methane plays are being taken seriously. First, the macroeconomic reason is that rising energy costs have driven companies in the energy fields to pursue any economic projects to help fill the energy gap. Coalbed methane has a more than two decades of proof in the United States. The excitement has spread to Canada, China and India, where CBM exploration is beginning to take off. Second, the fundamental reason is that exploration

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.diggitup.net/article/103848/diggitup-Canadian-Coalbed-Methane-Stocks-7-Things-to-Know-Before-Investing.html">Canadian Coalbed Methane Stocks: 7 Things to Know Before Investing</a>

BB link (for phorums):
[url=http://www.diggitup.net/article/103848/diggitup-Canadian-Coalbed-Methane-Stocks-7-Things-to-Know-Before-Investing.html]Canadian Coalbed Methane Stocks: 7 Things to Know Before Investing[/url]

How's your business going to keep growing with the holidays and tax time coming? What can you do when most people don't want to spend money now? If you are concerned the cash flow won't flow and you won't have enough income for the next months, check out these ten tips.

What do you need to look for when considering an online business? How do you know they are not scams, as many people will tell you all Internet Marketing is a scam.

A newsletter is a great way to show that you are the expert in any given area. However you must comply with these five points for it to be successful.

Tags

Links

Digg it UP - Canadian Coalbed Methane Stocks: 7 Things to Know Before Investing

Related Articles: