Jaime Carrasco
Marquee Energy
MQL-X
COMMENT
Dec 20, 2013
Caller mentioned that Management just came out with some pretty big guidance on funds from operations year-over-year. Not one he has followed so he is going to take a better look at this. McQuarrie had it is a neutral in September with an $0.85 target.
In a popular area that is well known to investors. Economics are very good. Reasonable land position and has the ability to grow the resource and production significantly.
Likes this name. In the Alberta area including the Cardium and Michichi areas of Alberta. Trading at very cheap metrics of about 38,000 per flowing barrel and is producing about 2200 barrels per day. These are the kind of companies that once the junior energy sector picks up, they will do well.
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Caller mentioned that Management just came out with some pretty big guidance on funds from operations year-over-year. Not one he has followed so he is going to take a better look at this. McQuarrie had it is a neutral in September with an $0.85 target.