Skye Petroleum Inc New (PK) (SKPO) Quote

From the report: In 2023, we increased Chemical sales to $48,405 and generated our first increase in working capital.
Sales increased $30,720 during 2023 versus fiscal year 2022. This was 174% increase in sales from 2022. In 2020 and
2021, the sales decline was primarily related to the global pandemic impact on all activities and overall oil demand. Also
one of our major distributors who contributed a significant percentage of our sales in the Pennsylvania and Texas
regions was purchased by a larger company. The future sales with this distributor and their customers are uncertain. The
distributors believe their customers will start buying our chemicals again but we have little control over the process.
Skye has chosen to use independent distributors instead of a direct sales approach in order to keep overhead and
operating costs low. We are considering expanding the distributor network without territories or exclusive areas. We are
also considering direct sales with compensation based on performance.

yeah been hearing that for years and not a peep from the people running the organization

Annual filings are in (yield sign will be gone in no time)...as a refresher:

SKPO's comprehensive list of products (recently updated). They hold a high number of patents incl. for these products:

SKPO has no convertible notes, minimal OS, the SS has not changed in many years:
Market Cap 499,919
Authorized Shares 290,000,000 04/09/2024
Outstanding Shares 249,959,400 04/09/2024
Restricted 138,532,272 04/09/2024
Unrestricted 111,427,128 04/09/2024
Held at DTC 70,384,931

Dispersants
Skye Chem WD-C (Wax Dispersant - Concentrate)
Wax Dispersant, emulsion breaker, sludge dispersant, viscosity reducer.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/WD-C%20%20TDS%20concentrate%20for%20wax.pdf?ver=1564971876336

Skye Chem AD-C (Asphaltene Dispersant - Concentrate) Ready to Use)
An aqueous proprietary blend of a unique phosphonate and high performance Acrylate Co-polymer. It is used to control the formation of calcium scale and metal oxides in a wide variety of oilfield and industrial formations and applications.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/AD-C%20%20TDS%20concentrate%20for%20asphaltene.pdf?ver=1564971876335

Skye chem WD-RTU
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/SDS%20Skye%20WD-RTU%20-%202016%20January.pdf?ver=1649632935616

Solvents
Skye Chem WD-RTU (Wax Dispersant - Ready to Use)
Solvent surfactant combination for the removal of wax deposits from production strings, formations, pipelines, and vessels.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/WD-RTU%20-%20TDS%20ready%20to%20use%20field%20strength%20for%20w.pdf?ver=1564971510465

Skye Chem AD-RTU (Asphaltene Dispersant - Ready to Use)
Solvent surfactant combination for the removal or asphaltenic deposits from production strings, formations, pipelines, and vessels.

Skye Chem Sludge Buster
A blend of solvents and surfactants designed to disperse hydrocarbon sludges containing a mix of waxes and asphaltenes.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20Sludge%20Buster%20-%20TDS.pdf?ver=1564971510465

Wax Inhibitors
Skye Chem X-110
High molecular weight crystal modifier and dispersant combination. Excellent for high melting point waxes and wax appearance temperature between 30 - 50 C.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-110%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-112
Polyalkylated phenol - pour point depressant and wax dispersant. Modified to have better cold temperature performance and effective on both microcrystalline wax and intermediate wax appearance temperatures.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-112%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-115
Very high molecular weight inhibitor for waxes with a melting point range above 60C.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-115%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-125
A medium molecular weight copolymer ester based pour point depressant. Designed for pour point ranges between 20 and 35C.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-125%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-126
An oil soluble wax crystal modifier intended to reduce pour points, modify oil viscosity and change the wax appearance temperature (WAT) or wax crudes with WAT in the range of 10 - 25C. (50 - 80F)
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-126%20TDS_v6.14.pdf?ver=1564971876336

Summary:
Skye Petroleum, Inc. located in Sugar Land, Texas, offers production chemical treatment services to oil companies that battle flow assurance issues relating to paraffin, asphaltene and sludge. The Company also offers a significant line of Drilling and Completion fluids, as well as a concentrated degreaser agent that has performed extremely well against the competition.
The Production Chemistries, which were developed over several years and sold under the Skye Chem name, are unique as they perform powerfully in many different regions. Skye has reported successful results in suspending paraffin, asphaltene and sludge in many of the major oil producing states in the US; such as, Texas (Permian Basin and Eagle Ford Shale Formations), North Dakota and Pennsylvania, in addition to many other locations. Once the paraffin wax has been returned to liquid form, it will remain in that state all the way to the refinery.
Lab testing has also shown the chemistry to be effective against paraffin wax in other parts of the world. Due to these results, Skye is seeking partners to expand internationally into significant oil producing countries. Skye’s chemistries are effective in oil wells, flowlines, storage tanks, pipelines, vessels, railcars, terminals and refineries.
The chemistry was designed to be effective on a wide range of paraffin waxes and to work quickly. Larry Gatlin, a seasoned veteran in oilfield chemistry, stated that the Skye Chem Wax Dispersant (WD-RTU) chemical is the fastest acting paraffin dispersant he has seen, on the widest number of paraffin samples. Skye Petroleum, Inc. is a publicly traded corporation listed on the OTCMarkets “Current Information” Tier.

Always filing in time https://www.otcmarkets.com/stock/SKPO/disclosure

Minimal and same SS for years,no debt whatshowever.

Lets knock these asks out to once again begin stair-stepping up to 2 or more cents

Gap filled today! Let’s go to conquer new highs this week. Once we beat 0.0069 the huge run is coming IMO

It was...yet, i) some idiot sets an intimidating amount on the ask in the oo6's and ii) another idiot sells shares for 3 dollars and 10 cents at 0031. Hopefully, they get taught a lesson by this debt free low floater

Hopefully the overdue slap will be generous, so that a nice baseline can be set for the often occurring beginning of year runs

quarterly filed...no SS change in many years...majority held by insiders...increased revenues...no convertible debt...cyclic mover - folks look at the chart and patents they hold
https://www.otcmarkets.com/stock/SKPO/disclosure

SKPO's comprehensive list of products (recently updated). They hold a high number of patents incl. for these products:

Dispersants
Skye Chem WD-C (Wax Dispersant - Concentrate)
Wax Dispersant, emulsion breaker, sludge dispersant, viscosity reducer.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/WD-C%20%20TDS%20concentrate%20for%20wax.pdf?ver=1564971876336

Skye Chem AD-C (Asphaltene Dispersant - Concentrate) Ready to Use)
An aqueous proprietary blend of a unique phosphonate and high performance Acrylate Co-polymer. It is used to control the formation of calcium scale and metal oxides in a wide variety of oilfield and industrial formations and applications.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/AD-C%20%20TDS%20concentrate%20for%20asphaltene.pdf?ver=1564971876335

Skye chem WD-RTU
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/SDS%20Skye%20WD-RTU%20-%202016%20January.pdf?ver=1649632935616

Solvents
Skye Chem WD-RTU (Wax Dispersant - Ready to Use)
Solvent surfactant combination for the removal of wax deposits from production strings, formations, pipelines, and vessels.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/WD-RTU%20-%20TDS%20ready%20to%20use%20field%20strength%20for%20w.pdf?ver=1564971510465

Skye Chem AD-RTU (Asphaltene Dispersant - Ready to Use)
Solvent surfactant combination for the removal or asphaltenic deposits from production strings, formations, pipelines, and vessels.

Skye Chem Sludge Buster
A blend of solvents and surfactants designed to disperse hydrocarbon sludges containing a mix of waxes and asphaltenes.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20Sludge%20Buster%20-%20TDS.pdf?ver=1564971510465

Wax Inhibitors
Skye Chem X-110
High molecular weight crystal modifier and dispersant combination. Excellent for high melting point waxes and wax appearance temperature between 30 - 50 C.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-110%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-112
Polyalkylated phenol - pour point depressant and wax dispersant. Modified to have better cold temperature performance and effective on both microcrystalline wax and intermediate wax appearance temperatures.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-112%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-115
Very high molecular weight inhibitor for waxes with a melting point range above 60C.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-115%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-125
A medium molecular weight copolymer ester based pour point depressant. Designed for pour point ranges between 20 and 35C.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-125%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-126
An oil soluble wax crystal modifier intended to reduce pour points, modify oil viscosity and change the wax appearance temperature (WAT) or wax crudes with WAT in the range of 10 - 25C. (50 - 80F)
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-126%20TDS_v6.14.pdf?ver=1564971876336

Summary:
Skye Petroleum, Inc. located in Sugar Land, Texas, offers production chemical treatment services to oil companies that battle flow assurance issues relating to paraffin, asphaltene and sludge. The Company also offers a significant line of Drilling and Completion fluids, as well as a concentrated degreaser agent that has performed extremely well against the competition.
The Production Chemistries, which were developed over several years and sold under the Skye Chem name, are unique as they perform powerfully in many different regions. Skye has reported successful results in suspending paraffin, asphaltene and sludge in many of the major oil producing states in the US; such as, Texas (Permian Basin and Eagle Ford Shale Formations), North Dakota and Pennsylvania, in addition to many other locations. Once the paraffin wax has been returned to liquid form, it will remain in that state all the way to the refinery.
Lab testing has also shown the chemistry to be effective against paraffin wax in other parts of the world. Due to these results, Skye is seeking partners to expand internationally into significant oil producing countries. Skye’s chemistries are effective in oil wells, flowlines, storage tanks, pipelines, vessels, railcars, terminals and refineries.
The chemistry was designed to be effective on a wide range of paraffin waxes and to work quickly. Larry Gatlin, a seasoned veteran in oilfield chemistry, stated that the Skye Chem Wax Dispersant (WD-RTU) chemical is the fastest acting paraffin dispersant he has seen, on the widest number of paraffin samples. Skye Petroleum, Inc. is a publicly traded corporation listed on the OTCMarkets “Current Information” Tier.

nice bid! $SKPO

how was the party?

great post, no news though and that’s where we are.

100 share trade...wonder if that old saying of MM signals is true where a 100 share means I need shares.

i wish we knew what we were waiting for.

Me! I’m here and patiently waiting

Anyone still here? Are we going to go a whole entire year without a press release or update with SKPO?

is the ticker for sale? Someone needs to bring an active business to it

They exist, are at bottom pps, never dilute, have small SS, file in time....these are the ingredients for better reward/risk ratio than with most OTC stocks. All we need are runs in pps, not necessarily flourishing business.

i mean that’s great and all, and i am glad they file timely. It just seems like every quarter for years it’s the same thing. no change in share structure, and some patents (which are nice). I could have helped them sell chemical a while back and offered but nobody at the company ever got back to me. my messages were ignored.

SKPO has no convertible notes, minimal OS, the SS has not changed in many years:
Market Cap 712,384
Authorized Shares 290,000,000 08/16/2023
Outstanding Shares 249,959,400 08/16/2023
Restricted 138,532,272 08/18/2023
Unrestricted 111,427,128 08/16/2023
Held at DTC 70,384,931 08/16/2023

SKPO's comprehensive list of products (recently updated). They hold a high number of patents incl. for these products:


SKPO has no convertible notes, minimal OS, the SS has not changed in many years:
Market Cap 712,384
Authorized Shares 290,000,000 08/16/2023
Outstanding Shares 249,959,400 08/16/2023
Restricted 138,532,272 08/18/2023
Unrestricted 111,427,128 08/16/2023
Held at DTC 70,384,931 08/16/2023

Dispersants
Skye Chem WD-C (Wax Dispersant - Concentrate)
Wax Dispersant, emulsion breaker, sludge dispersant, viscosity reducer.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/WD-C%20%20TDS%20concentrate%20for%20wax.pdf?ver=1564971876336

Skye Chem AD-C (Asphaltene Dispersant - Concentrate) Ready to Use)
An aqueous proprietary blend of a unique phosphonate and high performance Acrylate Co-polymer. It is used to control the formation of calcium scale and metal oxides in a wide variety of oilfield and industrial formations and applications.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/AD-C%20%20TDS%20concentrate%20for%20asphaltene.pdf?ver=1564971876335

Skye chem WD-RTU
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/SDS%20Skye%20WD-RTU%20-%202016%20January.pdf?ver=1649632935616

Solvents
Skye Chem WD-RTU (Wax Dispersant - Ready to Use)
Solvent surfactant combination for the removal of wax deposits from production strings, formations, pipelines, and vessels.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/WD-RTU%20-%20TDS%20ready%20to%20use%20field%20strength%20for%20w.pdf?ver=1564971510465

Skye Chem AD-RTU (Asphaltene Dispersant - Ready to Use)
Solvent surfactant combination for the removal or asphaltenic deposits from production strings, formations, pipelines, and vessels.

Skye Chem Sludge Buster
A blend of solvents and surfactants designed to disperse hydrocarbon sludges containing a mix of waxes and asphaltenes.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20Sludge%20Buster%20-%20TDS.pdf?ver=1564971510465

Wax Inhibitors
Skye Chem X-110
High molecular weight crystal modifier and dispersant combination. Excellent for high melting point waxes and wax appearance temperature between 30 - 50 C.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-110%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-112
Polyalkylated phenol - pour point depressant and wax dispersant. Modified to have better cold temperature performance and effective on both microcrystalline wax and intermediate wax appearance temperatures.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-112%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-115
Very high molecular weight inhibitor for waxes with a melting point range above 60C.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-115%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-125
A medium molecular weight copolymer ester based pour point depressant. Designed for pour point ranges between 20 and 35C.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-125%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-126
An oil soluble wax crystal modifier intended to reduce pour points, modify oil viscosity and change the wax appearance temperature (WAT) or wax crudes with WAT in the range of 10 - 25C. (50 - 80F)
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-126%20TDS_v6.14.pdf?ver=1564971876336

Summary:
Skye Petroleum, Inc. located in Sugar Land, Texas, offers production chemical treatment services to oil companies that battle flow assurance issues relating to paraffin, asphaltene and sludge. The Company also offers a significant line of Drilling and Completion fluids, as well as a concentrated degreaser agent that has performed extremely well against the competition.
The Production Chemistries, which were developed over several years and sold under the Skye Chem name, are unique as they perform powerfully in many different regions. Skye has reported successful results in suspending paraffin, asphaltene and sludge in many of the major oil producing states in the US; such as, Texas (Permian Basin and Eagle Ford Shale Formations), North Dakota and Pennsylvania, in addition to many other locations. Once the paraffin wax has been returned to liquid form, it will remain in that state all the way to the refinery.
Lab testing has also shown the chemistry to be effective against paraffin wax in other parts of the world. Due to these results, Skye is seeking partners to expand internationally into significant oil producing countries. Skye’s chemistries are effective in oil wells, flowlines, storage tanks, pipelines, vessels, railcars, terminals and refineries.
The chemistry was designed to be effective on a wide range of paraffin waxes and to work quickly. Larry Gatlin, a seasoned veteran in oilfield chemistry, stated that the Skye Chem Wax Dispersant (WD-RTU) chemical is the fastest acting paraffin dispersant he has seen, on the widest number of paraffin samples. Skye Petroleum, Inc. is a publicly traded corporation listed on the OTCMarkets “Current Information” Tier.

Always filing in time https://www.otcmarkets.com/stock/SKPO/disclosure
Last quarterly report just out!

Quarterly report out (in time as usual)https://www.otcmarkets.com/otcapi/company/financial-report/379057/content

looks like another year of the usual. i mean i appreciate they keep the SS updated, but we are blind to anything else. you would think with $80+ or - oil prices there would be a demand for their patent chemicals.

What makes you think so? The updated product list?

SKPO's comprehensive list of products (recently updated). They hold a high number of patents incl. for these products:

Dispersants
Skye Chem WD-C (Wax Dispersant - Concentrate)
Wax Dispersant, emulsion breaker, sludge dispersant, viscosity reducer.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/WD-C%20%20TDS%20concentrate%20for%20wax.pdf?ver=1564971876336

Skye Chem AD-C (Asphaltene Dispersant - Concentrate) Ready to Use)
An aqueous proprietary blend of a unique phosphonate and high performance Acrylate Co-polymer. It is used to control the formation of calcium scale and metal oxides in a wide variety of oilfield and industrial formations and applications.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/AD-C%20%20TDS%20concentrate%20for%20asphaltene.pdf?ver=1564971876335

Skye chem WD-RTU
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/SDS%20Skye%20WD-RTU%20-%202016%20January.pdf?ver=1649632935616

Solvents
Skye Chem WD-RTU (Wax Dispersant - Ready to Use)
Solvent surfactant combination for the removal of wax deposits from production strings, formations, pipelines, and vessels.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/WD-RTU%20-%20TDS%20ready%20to%20use%20field%20strength%20for%20w.pdf?ver=1564971510465

Skye Chem AD-RTU (Asphaltene Dispersant - Ready to Use)
Solvent surfactant combination for the removal or asphaltenic deposits from production strings, formations, pipelines, and vessels.

Skye Chem Sludge Buster
A blend of solvents and surfactants designed to disperse hydrocarbon sludges containing a mix of waxes and asphaltenes.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20Sludge%20Buster%20-%20TDS.pdf?ver=1564971510465

Wax Inhibitors
Skye Chem X-110
High molecular weight crystal modifier and dispersant combination. Excellent for high melting point waxes and wax appearance temperature between 30 - 50 C.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-110%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-112
Polyalkylated phenol - pour point depressant and wax dispersant. Modified to have better cold temperature performance and effective on both microcrystalline wax and intermediate wax appearance temperatures.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-112%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-115
Very high molecular weight inhibitor for waxes with a melting point range above 60C.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-115%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-125
A medium molecular weight copolymer ester based pour point depressant. Designed for pour point ranges between 20 and 35C.
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-125%20TDS_v6.14.pdf?ver=1564971876336

Skye Chem X-126
An oil soluble wax crystal modifier intended to reduce pour points, modify oil viscosity and change the wax appearance temperature (WAT) or wax crudes with WAT in the range of 10 - 25C. (50 - 80F)
https://img1.wsimg.com/blobby/go/22a24876-35d1-4435-917d-ccc7c080d3b3/downloads/Skye%20Chem%20X-126%20TDS_v6.14.pdf?ver=1564971876336

Summary:
Skye Petroleum, Inc. located in Sugar Land, Texas, offers production chemical treatment services to oil companies that battle flow assurance issues relating to paraffin, asphaltene and sludge. The Company also offers a significant line of Drilling and Completion fluids, as well as a concentrated degreaser agent that has performed extremely well against the competition.
The Production Chemistries, which were developed over several years and sold under the Skye Chem name, are unique as they perform powerfully in many different regions. Skye has reported successful results in suspending paraffin, asphaltene and sludge in many of the major oil producing states in the US; such as, Texas (Permian Basin and Eagle Ford Shale Formations), North Dakota and Pennsylvania, in addition to many other locations. Once the paraffin wax has been returned to liquid form, it will remain in that state all the way to the refinery.
Lab testing has also shown the chemistry to be effective against paraffin wax in other parts of the world. Due to these results, Skye is seeking partners to expand internationally into significant oil producing countries. Skye’s chemistries are effective in oil wells, flowlines, storage tanks, pipelines, vessels, railcars, terminals and refineries.
The chemistry was designed to be effective on a wide range of paraffin waxes and to work quickly. Larry Gatlin, a seasoned veteran in oilfield chemistry, stated that the Skye Chem Wax Dispersant (WD-RTU) chemical is the fastest acting paraffin dispersant he has seen, on the widest number of paraffin samples. Skye Petroleum, Inc. is a publicly traded corporation listed on the OTCMarkets “Current Information” Tier.

SKPO has no convertible notes, minimal OS, the SS has not changed in many years:
Market Cap 712,384
Authorized Shares 290,000,000 07/09/2023
Outstanding Shares 249,959,400 07/09/2023
Restricted 138,532,272 07/09/2023
Unrestricted 111,427,128 07/09/2023
Held at DTC 70,384,931 07/09/2023

well here we are!

Yes…the party should start the last week of July…

a dollar?

I think towards end if July we will see a dollar run like BRLL

yes...needs a few of these decisive buys (100k+) off the ask, though, like yesterday to finally move up

no debt whatshowever and no shares added to OS ever...should spike anytime...collect and wait

When will we run???

Skye Petroleum, Inc. owns ten (10) chemistry’s for the treatment of paraffin, asphaltene and sludge in various applications throughout the oil industry. Skye is focused on both selling directly to oil and gas operators who treat their own wells, as well as through distribution channels. Skye Petroleum continues to distribute products through multiple channels in Pennsylvania, Texas and Alabama. Skye’s leading technology (Skye Chem Wax Dispersant or WD) is currently serving multiple purposes in the oil patch. Skye Chem WD is a calculated mixture of solvents, penetrants, non-emulsifying surfactants pour point depressants ("PPD") and dispersants. The WD is designed for rapid penetration into the granular areas of paraffin matrix and disrupts the cohesive binding, allowing the waxes to mix with the produced oil, thus allowing the oil to aid in dissolving the wax. The PPD and dispersants keep the wax from re-precipitating from the crude oil. The first chemistry acts as a wedge between the wax crystals breaking them apart and encouraging them to slide by one another. The second chemistry changes the polarity of the crystals to a like charge which makes them want to stay away from each other. The third is a crystal modifier which distorts the edges of the crystals making it very difficult for them to fit together. The combined action results in much greater flow through the production stream carrying harmful paraffin's out of the well bore maximizing production and reducing maintenance costs and down time.
In the first quarter of 2014, Skye acquired a patented technology for the removal of volatile phosphate from hydrocarbon based fracturing fluids. This will provide more diversification into Skye’s product offerings. Skye anticipates partnering in the future with another company for sales and marketing.
Skye has also developed a line of drilling and completion fluids with sales occurring in the Commonwealth of Pennsylvania in late 2014 and early 2015. Due to the drop in the price of oil, sales in the fourth quarter of 2014 and all of 2015-2016 slowed significantly as operators aggressively began cutting expenses and expenditures. Oil producers are forced to decide whether to spend money to treat wells with paraffin problems or let them go dormant until oil
prices are high enough to make economic sense.

https://www.otcmarkets.com/stock/SKPO/security

I like what I see

Filing out for SKPO yesterday. Seems like they have sold a little bit more chemical than this time period of last year. Nothing has changed for share count, but it does say in the filing they intend to sell shares to raise money.


https://www.otcmarkets.com/otcapi/company/financial-report/370430/content

the 7 year itch...best time to place bets...the whole OTC is in a dumpster just to light up at some point...these cycles when trips turn to a penny & 00s turn into dimes will come again

i’m done with OTC. i’m switchin mg over to NASDAQ plays. I’m s holding a couple OTC but most I have gotten out. I’m stuck with 200,000 of SKPO that I got in at .009 a while ago.

OTC is nothing like it used to be. It actually used to be fun.

Yea otc is in a death spiral

It’s only retail traders left since the new rules hit. If it keeps trading like this these startup companies will have no way to survive. Things better begin to turnaround or else the OTC might be a gonner soon.

There’s no bid support anywhere … the OTC is a disaster….

this just keeps getting beat up

This is pathetic… no interest whatsoever

Wow there is actually a little volume today. Been a while since this much and its not even that much.

perfect! just wish there was something going on to release news about. the opec cut in production was good to see.

SKPO March 31 2023 annual report filed..SS unchanged for years...no convertible debt whatshowever! exquisite!!

yeah but it hasn’t been this bad in a loonnnggg time

Ready for it… some day!

SKPO SS 100% preserved for years...now best loading possibility with ask in the 003/4 range for years...spikes to multiple cents for years :)

I wonder if SKPO will put out a PR this year.

nice to see some buys this morning

.0032 for a current reporting low share count? Something is not good with SKPO.