Robert Lauzon Artek Exploration RTK-T TOP PICK Oct 26, 2012

(A Top Pick Oct 26/12. Up 15.41%.) Still likes. Has been a good performer. Part of it is organic success as they have been drilling some nice wells in the Doyg (?) formation in Inga. A kind of sidecar reason it has been moving up is that Celtic Exploration was taken over by Exxon. They spun out Kelt Exploration (KEL-T) and is a partner in this play.

(Top Pick Oct 26/12, Up 6.51%)

Owned in the past. High liquids content in wells that make tremendous economics. A pretty promising growth story. May get bought out or merge. In Alberta. Management is very aligned with shareholders.

(Top Pick Oct 26/12, Up 8.90%) Small companies are not just looking at what the market wants. They are looking at completion. You can shrug off the last quarter and see it as a buying opportunity. Spot Canadian gas has dropped a dollar. Still likes it. It is just time and gas prices.

(A Top Pick Oct 26/12. Up 11.99%.) Likes what this company is doing. Moving from an exploration to a development stage. You’ll probably see less volatility over the next year. He has been buying more. Can see this at $3.80-$4. A speculative buy and you need a 2-3 year timeframe at least. Doesn’t pay a dividend.

This is a reasonably high risk. Have a large amount of very attractive land in the Montney area in north-eastern BC. Big, big partners. Drilled a couple of bad wells and have some execution problems. Got rid of some people. Just drilled a well a little while ago, that was the best ever condensate well in BC. Somebody just bought a huge amount of land at $130 million right beside them. If you ascribe that $130 million value to this company's land, you get about a $350 million value plus production of about $150 million. Trading around $250 million enterprise value. If they keep executing, he doesn't think this company will remain a public company more than a year.

(Top Pick Nov 19/14, Up 6.38%) It was taken out. He felt they would get taken out.