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Oilexco Inc (OIL.V)
Financials 
Technical Analysis 0
HOLD
BUY
Have the biggest discovery in the UK North Sea for the last 5 years. He is waiting for the technical details to come out and will be raising his target again.
Josef SchachterOwned
oilgas
BUY
BUY
Located in the North Sea. Has done extremely well. Early on, they hooked up with a company that had rigs and signed long-term contracts. When there was a shortage of rigs they were able to farm into other properties. They are now in the ramp up production. November is the month when they have a record amount of new targets.
Jean-Francois TardifOwned
oilgas
BUY
TOP PICK
In the North Sea and have had great success finding oil. Planning on exiting 08 at 70,000 barrels a day and 100,000 in 09. Costs are going up as they are going into a new development, which will be started in the 2nd half of 08. Cash flow will grow significantly.
Chyanne FickesOwned
oilgas
BUY
We own big position. Have to deal with delays. With royalty situation in Canada, investors are putting their money elsewhere, it’s a go-to name. Expect company to be sold.
Peter HodsonOwned
oilgas
TOP PICK
(A Top Pick Sept 29/06. Up 114%.) Doing 30,000 BOE’s a day from the Brenda fields. As they bring on 2 more discoveries, it is expected to grow to 60,000 BOE's.
Josef SchachterOwned
oilgas
BUY
One of the better plays on production growth in the North Sea basin. Have secured good offshore rig services, which are really tight right now.
Alex RuusOwned
oilgas
BUY
Bought some today.
Doing 30,000 barrels a day now. Very well managed. Next step is either a major acquisition, or the sale of their company.
To go back to the highs of around $15, from a risk standpoint, they are producing more, the price of oil is higher, and their assets are better now then when their stock was $15.
oilgas
TOP PICK
They have 2 semi submersible rigs so they are continuing to drill. They have production on right now from the Brenda field. With the projects they have, there is tremendous cash flow coming and tremendous exploration potential.
Josef SchachterOwned
oilgas
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