Rockyview Energy Inc. (RVE.TO)

Shallow gas in Alberta, predominantly coal bed methane. Coal bed methane is very capital intensive and it needs a strong gas price. Good management team. Well-run company. Prefers others.

Very gassy name. Very low multiple. Net asset value of $5 to $7.

This company is basically a shell but the expectation is that a project will come into their hands and should do well. Wait for some news as it is just a shell now.

A spin off from APF and Starpoint. Slightly below average in terms of multiples, so it is not very expensive. A small company with the potential to grow very fast.