Mason Granger
Coastal Energy
CEN-T
TOP PICK
Sep 18, 2012
This is one of his top international ideas. Generates significant free cash flow. Producing about 25,000 barrels a day from onshore and offshore assets in Thailand. It is really the offshore development that has driven the tremendous amount of growth. Considerable exploration upside from here.
There will be significant upside to the stock. Just announced good first quarter results. Looking at acquisitions. Exciting exploration play. Expect it to reach $4/4.50 in a year.
Well repected management. Disappointed in the first quarter so had a pull back. Has their production behind pipe and just waiting to get on line. You'll see pretty good growthin the last half of the year. About 5 high impact wells to be drilled in the next 3/4 weeks.
A good company. Well managed. Had some problems meeting its production numbers, so as a result has been somewhat volatile. Feels that management will work its way through its problems. Good assets. This should only be a part of a portfolio, not a large holding.
Likes their properties, but have had problems tying in their production with pipelines, so production numbers disappointed the street. Feels this is only temporary.
Just bought recently. Typical of some of the smaller junior/intermediates were the seniors had run quite a bit at that point and this one had been unfairly penalized for some production behind pipe. Looks like the 3rd and 4th quarters are going to be quite good.
Has added to his position on the recent dip. There is a 67 well winter drill program coming. Have disappointed in not been able to bring their gas to market. This is being fixed.
This is one of his top international ideas. Generates significant free cash flow. Producing about 25,000 barrels a day from onshore and offshore assets in Thailand. It is really the offshore development that has driven the tremendous amount of growth. Considerable exploration upside from here.