First Calgary Petroleums

FCP-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about FCP-T

Signal
Opinion
Expert
VAGUE
VAGUE
October 1, 2008
His brother is the new CEO, but does not talk to him about it. Deal being contemplated with an Italian firm buying it. The asset is spectacular – gas fields in Algeria. It’s a complicated, tortured company with a horrendous past. He owns the bonds.
His brother is the new CEO, but does not talk to him about it. Deal being contemplated with an Italian firm buying it. The asset is spectacular – gas fields in Algeria. It’s a complicated, tortured company with a horrendous past. He owns the bonds.
Kevin O'Leary
Chairman, O'Leary Funds
Price
$3.360
Owned
No
DON'T BUY
DON'T BUY
September 2, 2008
(Market Call Minute.) Too speculative for him.
(Market Call Minute.) Too speculative for him.
David Baskin
President, Baskin Wealth Management
Price
$2.360
Owned
No
SELL
SELL
August 22, 2008
Big hiccup was financing for the Algerian properties and it looks like they will get it by the end of this year. All their finagling has pushed production to the 2nd, maybe 3rd quarter of 2011. Doesn't look like they are going to have as much natural gas liquids as the market expected. No catalyst for a couple of years.
Big hiccup was financing for the Algerian properties and it looks like they will get it by the end of this year. All their finagling has pushed production to the 2nd, maybe 3rd quarter of 2011. Doesn't look like they are going to have as much natural gas liquids as the market expected. No catalyst for a couple of years.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$1.850
Owned
No
HOLD
HOLD
August 6, 2008
Have a large potential find that they need to develop and it’s a financing issue. Whether they can make a go of that is an open question and they probably will. It’s going to be a little bit of tough sledding.
Have a large potential find that they need to develop and it’s a financing issue. Whether they can make a go of that is an open question and they probably will. It’s going to be a little bit of tough sledding.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$2.310
Owned
Unknown
HOLD
HOLD
June 16, 2008
Infrastructure in Algeria is a bit on the weak side. Their best bet on marketability is to liquefy it and send it out as LNG. Huge development. Some uncertainty around financing.
Infrastructure in Algeria is a bit on the weak side. Their best bet on marketability is to liquefy it and send it out as LNG. Huge development. Some uncertainty around financing.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$2.490
Owned
Unknown
HOLD
HOLD
April 17, 2008
(Market Call Minute.) There has been a change in management so you have to see how things play out.
(Market Call Minute.) There has been a change in management so you have to see how things play out.
Gordon Higgins, CA, MBA
Vice President, Equities, Sentry Select Capital Corp
Price
$2.840
Owned
Unknown
DON'T BUY
DON'T BUY
March 7, 2008
Oil/gas in Algeria. Gas, which is harder to ship, has to go into Italy or Spain and is a little more difficult to generate cash flow. Oil exploration has been somewhat disappointing. Other international plays have better risk/rewards.
Oil/gas in Algeria. Gas, which is harder to ship, has to go into Italy or Spain and is a little more difficult to generate cash flow. Oil exploration has been somewhat disappointing. Other international plays have better risk/rewards.
Glenn MacNeill, P.Eng.
CIO & Sr. Portfolio Manager, Lawrence Asset Management
Price
$2.870
Owned
No
DON'T BUY
DON'T BUY
March 7, 2008
Liquid rich gas and some oil in Algeria. Very good success with the drill bit. Problems are twofold. 1) How much money are you going to make at the end of the day with the Algerian government? 2) They need hundreds of millions of dollars to bring this project into existence. Too risky even for him.
Liquid rich gas and some oil in Algeria. Very good success with the drill bit. Problems are twofold. 1) How much money are you going to make at the end of the day with the Algerian government? 2) They need hundreds of millions of dollars to bring this project into existence. Too risky even for him.
Josef Schachter
President, Schachter Asset Management
Price
$2.870
Owned
No
DON'T BUY
DON'T BUY
February 25, 2008
Natural gas discoveries in Algeria. He is not crazy about Algeria. He is also concerned about how long it is taking for these investments to come on. Recently had some good news so is moving on. A lot of risk here.
Natural gas discoveries in Algeria. He is not crazy about Algeria. He is also concerned about how long it is taking for these investments to come on. Recently had some good news so is moving on. A lot of risk here.
Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$3.700
Owned
No
BUY
BUY
February 21, 2008
Something is stirring. Issued a statement today about shareholder proposals. Have solidified their arrangements with the oil/gas company in Algeria.
Something is stirring. Issued a statement today about shareholder proposals. Have solidified their arrangements with the oil/gas company in Algeria.
Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$2.960
Owned
Yes
HOLD
HOLD
February 8, 2008
Algerian gas play. This is a name that you could start to get a little more excited about. They completed an engineering and design study. They need to secure $750 million and will likely get it. Once they start producing it will probably get some interest by the market. It's a May-June story.
Algerian gas play. This is a name that you could start to get a little more excited about. They completed an engineering and design study. They need to secure $750 million and will likely get it. Once they start producing it will probably get some interest by the market. It's a May-June story.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$2.280
Owned
Unknown
DON'T BUY
DON'T BUY
December 14, 2007
He has a short-term Short on this stock. They have a decent asset, but it's going to cost a lot of money to get it to market. They seem to have a consistent need for new capital.
He has a short-term Short on this stock. They have a decent asset, but it's going to cost a lot of money to get it to market. They seem to have a consistent need for new capital.
Peter Hodson
CEO & Head of Research, 5i Research Inc.
Price
$2.930
Owned
Yes
HOLD
HOLD
November 27, 2007
(Market Call Minute.) Massacred over the past year. They have just raised more money with a debenture.
(Market Call Minute.) Massacred over the past year. They have just raised more money with a debenture.
Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$2.710
Owned
Unknown
DON'T BUY
DON'T BUY
November 15, 2007
Has a problem with this one. Not a question of finding natural gas. Have announced fabulous numbers on the discovery side. The problem is, how much will they make at the end of the day given the desire of the Algerian government to take more for themselves.
Has a problem with this one. Not a question of finding natural gas. Have announced fabulous numbers on the discovery side. The problem is, how much will they make at the end of the day given the desire of the Algerian government to take more for themselves.
Josef Schachter
President, Schachter Asset Management
Price
$3.260
Owned
No
VAGUE
VAGUE
October 22, 2007
A lot of concern about the fiscal regime.
A lot of concern about the fiscal regime.
Josef Schachter
President, Schachter Asset Management
Price
$4.830
Owned
Unknown
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