SDX Energy Inc. (SDX.L)

They have tripled production. Egypt and Morocco. Production has gone up more than the stock. (Analysts’ target: $1.36).

Excellent news recently, with drilling success in Morocco and Egypt. They have lots of drilling to do. They will probably double production from 3200 boe/day to 7500 to 8000 by the end of this year. They are getting lucrative natural gas prices, $12 US, in Morocco. He has a $2 target for this year and a $5 target for the next 3-to-5 years. He thinks the price could back down in May and June, He thinks May will be a critical month because of the potential Iran sanctions and the potential change in production after elections in Iraq. If oil breaks $60, he expects a small decline in these stocks. This company reminds him of Centurion Energy, which was a natural gas play in Egypt that went from $0.66 to $12 in 4 years. Doubling production in a year, which SDX is doing, is awesome.

This year will be a very big year for them. They do business in Morocco, which is a great place to do business this year. They sell energy in Morocco for much higher prices than Canada and the United States. They also had a discovery in Egypt and expect government approval to bring this onstream this year. The company has a clean balance sheet, is sitting on a lot of cash, trades under 2x cash flow. It is very, very cheap. His 12 month target is $2.

This company is active in Egypt and Morocco, where prices are near $12 per mcf. They will be reporting year-end results next week. In Egypt they have high-impact wells coming forward, which has not been factored into the stock price yet. He has a target of $5 target in the next 3-5 years. This could move up quickly depending on the pending drilling results. Yield 0%. (Analysts’ price target is $1.10)

(A Top Pick Jan 9/17, 21.42%) In Morocco they are getting $12 US. See Top Picks.

They will double production by end of year. No debt. Trading at 2.5 times cash flow. (Analysts’ target: $1.04).

In the end he thinks NAFTA won’t be cancelled. The energy portion is something they need. They should want to import from Canada rather than OPEC. He likes the company. They have no debt. They had success in wells in Morocco. He thinks it is a $5 to $10 stock in 5 to 10 years.

(A Top Pick Apr 7/17, Up 1%) They get $9US on their gas assets. They are moving ahead with exploration and development drilling.

(A Past Top Pick Jan 9/17, Up 21%) They are in Morocco and Egypt and a top pick today.

They have new production coming on in multiple countries. There is attractive exploration potential. They have no debt at all. They have lots of cash on the balance sheet. (Analysts’ target: $0.50).

(A Top Pick Jan 9/17. Up 7%.) This is in Egypt and doing about 4000 BTE’s a day. They’ve made some very nice discoveries. They have drilling both in Morocco and Egypt.

The only Long position he has. Tripled in the last 2 years. Good management team. They have operations in Egypt and know the area. They have operating assets in Masada and in Gemsa, upside in Morocco. Just announced a major exploration success in the south Souk where a large number of discoveries have been made. If this backs off to $.85, it is a buy.

This operates with a team out of Egypt. Producing 4000+ barrels a day now that will be 6 or 7 (thousand?) because they are drilling right now. The reason the stock has popped is because of a high impact well they are drilling which could have 400 BCF of gas and/or 100 million of oil. He has a target of $1.20 without any success of the drill bit. If the drill bit comes in, he will be raising his target by at least $1. (Analysts price target is $0.50.)

He likes Egypt and he likes the management team. They have very good assets which will double production this year. (Analysts’ Target: $1.01).

Operates out of Egypt. In the 2^nd quarter, they produced 1170 BOEs a day, Q1 was 1252. Trading at a discount to BV at the end of Q2. They are sitting on cash and have no debt. He likes the story and is one of the few junior oil/gas stocks that he owns. They have production from the Meseda field, a development project and an exploration project called South Disouq, a natural gas with liquids play, potentially a home run.