Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs
Stockchase Opinions

Jean-Francois TardifBronco EnergyBCF.TOTRADESep 17, 2007

In early stage, Haven’t proven their potential. Nothing new with regards to stock. Everything looks good. Good amount of risk
$10.00

Stock price when the opinion was issued

oilgas
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

DON'T BUY
Painful to look at the chart. Shows why it is important to invest not just in an asset but in the people. He rode it up and rode it down and sold it.
COMMENT
Have a lot of barrels but they are difficult and uncooperative barrels because they get a lot of water in their production. It will be a challenge.
SELL
(Market Call Minute.) Thinks their asset base is very challenged.
DON'T BUY
New management team raised a convertible debenture. An issue would be their asset base. It will be a struggle as other companies have tried to drill it up but have abandoned it because of too much water.
SELL
Heavy oil in Alberta. Looked quite promising in 2008. Have always had problems with water. Debt is an issue.
BUY
Large group of assets all cordoned off. Getting it on production. Production increases expected to be fairly dramatic.
PAST TOP PICK
(A Top Pick July 31/07. Up 4%.) Have about 4 billion barrels of oil in the ground. Takeover candidate. Still a Buy.
BUY
Had experienced some delays and facilitate constraints in production. The play itself makes a lot of sense. Could get to $15-$16 on success of execution. If you believe in heavy oil and the differential, which is very narrow right now, management is one of the better ones.
BUY
(Market Call Minute.) Very well positioned. Has a lot of runway with regards to drilling prospects going forward.
BUY ON WEAKNESS
(Market Call Minute.) Heavy oil and should be producing very shortly. Production should grow very rapidly.
BUY
In production. Will be producing 4000-6000 barrels of oil a day by the end of June. Right next door to Canadian Natural Resources (CNQ-T) most profitable, low-cost producing field. This company will have a lot of cash flow in the very near future.
WAIT
(Q: Did they get approval to draw off the water from Stone Cree Nation reserve?) Doesn’t know. They need water in order to develop the in situ production they will be working on. They have about 87,000 acres in the Alberta Oil Sands, which translates to about 4 billion cubic feet of oil. Of course a small percentage of that is obtainable. Wait until there is some production, which is expected this year.
TOP PICK
(A Top Pick Mar 30/07. Up 34%.) Has a lot of oil in the ground with about 45 wells now and should average about 200 barrels a day and exit this year at about 8000/10,000 a day. Good management. On first natives land so is not affected by Alberta's royalty review.
WAIT
Focused on heavy oil sands production. In the early stage of delineating their resources. Have about 8 wells planned for this winter and are in the early stages. Hoping to get 400 to 600 barrels a day from each of these wells. If they don't have what the market has factored in, there could be some risk to the downside. Suggests that you buy a basket of oil sand stocks.
TOP PICK
Rapidly growing production profile. No debt. Exiting next year at 10,000 BOE a day. Could drill 300 or 400 similar wells in the next year. Not affected by the Alberta oil review program.