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Oilexco Inc (OIL.V)

BUY
One of the better performing energy stocks recently. In the group, a lot of the stocks have pulled back recently, but is still trading above the consolidation that ended in April/May and technically looks pretty strong.
BUY
Oil producer in the North Sea. Management has been very visionary. Took long-term contracts for rigs and then exchange them for a percent of someone else's play. They will continue to do so. Expect there will be a lot of growth.
HOLD
In the North Sea and have drill rigs available to them. The oils have paused for the moment.
TOP PICK
Feels that oil prices will stay strong. OPEC is not increasing production. China is still a strong consumer.
BUY
Geologic team thought outside the box and came up with a spectacular discovery. Also tied in a North Sea well that is now producing. Have 2 semi-submersible rigs contracted. Activity level will be high going forward.
TOP PICK
(A Top Pick June 20/06. Up 179.5%.) Producing 30,000 BOE's a day. Between now and 2010 there is the potential of 100,000 BOE's.
HOLD
North Sea oil production. Has had a very good run, so it is not the best time to come in. Huge amount of cash flow coming in. Management has good foresight.
TOP PICK
Oil/gas exploration play in the North Sea. Having tremendous success recently in the Huntington block where they found a lot of 41-degree (high-quality) oil and gas. Also have 72% interest in 2 blocks adjacent. Trading at a ridiculously low multiple to cash flow.
BUY
Really a North Sea stock. Has good access to rigs. Good discoveries and exploitation of existing oil fields. A good hold.
PAST TOP PICK
Then 4.89, it's gone way up to around $11. They've taken no profits on it, because they think it's going a lot higher. Stay with it.
DON'T BUY
Too late to buy in right now.
BUY
Has had an aggressive run. Have demonstrated they can get a project to the point of production. Should have significant oil production out of the North Sea. You'll probably see the stock run when they can announce 30,000 BOE's a day.
TOP PICK
Assets are in the southern and central North Sea. Looks like they will grow production at a very fast rate. Relatively undervalued.
BUY
Has outperformed oils in general. In a recent underwriting, an over allotment was taken up, which is usually a good sign. At a recent discovery at Kildare, which is positive. Would be cautious on the trend line, but it could go much higher.
TOP PICK
(A Top Pick June 20/06. Up 70%.) Well-financed. Great cash flow.
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