Rapidly growing production profile. No debt. Exiting next year at 10,000 BOE a day. Could drill 300 or 400 similar wells in the next year. Not affected by the Alberta oil review program.

Good dividend. Just did a deal with BP who are back in the Canadian oil patch again. Selling heavy oil into a joint venture with BP, giving them access to the Toledo refinery.

Thinks the market has overreacted to the governments Spectrum offer. They have a very compelling package of consumer products. 10% free cash flow yield. Great balance sheet. 1% dividend yield could double.

(Top Pick Nov 27/06. Up 15%.) Still likes. Good defensive name. Struggling with the high Cdn$. Still going through a restructuring. If they get it right, it has $20 written all over it.

(Top Pick Nov 27/06. Up 32.6%.) Sold his holdings as it had moved up quite nicely. International producer exposed to both Iraq and Nigeria.

(Top Pick Nov 27/06. Up 6.2%.) Continues to do all the right things. $1 billion in sales every month.

Had a couple of disappointments, the most recent the shelving of the joint Galore Creek venture. Strong balance sheet and a well-diversified portfolio. Coal prices look to be fairly favourable in the longer term. Good price.