Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
April 4, 2008
(A Top Pick Apr 24/07. Up 57%.) Doing about 23,000 BOE's a day and expects it to be 45,000 with $4/$5cash flow by year-end including their Shelley play. Huntington is showing very thick pay zones that could net 50,000 BOE’s a day by 2011. Cash flow could be $14/$15 a day by that time. Still doing new exploration work.
Oilexco Inc (OIL-X)
April 4, 2008
(A Top Pick Apr 24/07. Up 57%.) Doing about 23,000 BOE's a day and expects it to be 45,000 with $4/$5cash flow by year-end including their Shelley play. Huntington is showing very thick pay zones that could net 50,000 BOE’s a day by 2011. Cash flow could be $14/$15 a day by that time. Still doing new exploration work.
Josef Schachter
President, Schachter Asset Management
Price
$13.720
Owned
Yes
TOP PICK
TOP PICK
April 4, 2008
East/West coasts of India. Joint venture with Reliance Industries on the east coast will be bringing on a gross 40,000 BOE's a day (4,000 to them) of oil at the end of Q2. At the end of Q3, they will be bringing on 2.8 BCF a day of gas, of which 280 million a day is theirs. Continuing to drill.
East/West coasts of India. Joint venture with Reliance Industries on the east coast will be bringing on a gross 40,000 BOE's a day (4,000 to them) of oil at the end of Q2. At the end of Q3, they will be bringing on 2.8 BCF a day of gas, of which 280 million a day is theirs. Continuing to drill.
Josef Schachter
President, Schachter Asset Management
Price
$83.210
Owned
Yes
TOP PICK
TOP PICK
April 4, 2008
Natural gas. Doing about 3500 BOE's a day. Just did an acquisition of Defiant Resources (DFR-T). With exploration and the acquisition, they should do 4500 BOE's a day by the end of the year. That should give about $1.50 in annualized cash flow making it about 2.5X cash flow and it deserves way more than that.
Natural gas. Doing about 3500 BOE's a day. Just did an acquisition of Defiant Resources (DFR-T). With exploration and the acquisition, they should do 4500 BOE's a day by the end of the year. That should give about $1.50 in annualized cash flow making it about 2.5X cash flow and it deserves way more than that.
Josef Schachter
President, Schachter Asset Management
Price
$3.660
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 4, 2008
(A Top Pick Apr 24/07. Down 10%.) Still likes the story. Ramping up production in the UK North Sea and drilling in Alaska. The market punished them because of delays in production. In a holding pattern until new production comes on, which he expects will be by the end of this year.
(A Top Pick Apr 24/07. Down 10%.) Still likes the story. Ramping up production in the UK North Sea and drilling in Alaska. The market punished them because of delays in production. In a holding pattern until new production comes on, which he expects will be by the end of this year.
Josef Schachter
President, Schachter Asset Management
Price
$5.350
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 4, 2008
(A Top Pick Apr 24/07. Down 13%.) 50/50 oil and gas. Thinks by Winter 08/09 there will be $12 natural gas.
(A Top Pick Apr 24/07. Down 13%.) 50/50 oil and gas. Thinks by Winter 08/09 there will be $12 natural gas.
Josef Schachter
President, Schachter Asset Management
Price
$14.930
Owned
Yes
HOLD
HOLD
April 4, 2008
Involved in a large number of products in the UK North Sea. Refining and marketing margins came down because of a glut of gasoline in the system. Prices should firm up during the driving season of summer. Likes their exploration. Good for a conservative investor.
Petro-Canada (PCA-T)
April 4, 2008
Involved in a large number of products in the UK North Sea. Refining and marketing margins came down because of a glut of gasoline in the system. Prices should firm up during the driving season of summer. Likes their exploration. Good for a conservative investor.
Josef Schachter
President, Schachter Asset Management
Price
$46.210
Owned
No
BUY
BUY
April 4, 2008
Had 3 successes with the drill bit. Partnered with Oilexco (OIL-T) in the North Sea on the Sheryl play, which could add 3500 BOE's a day. Have also had 2 gas successes, Breagh and Doina where they will do more delineation drilling. In the 4th quarter it will be drilling another exploration well in the North Sea. Hold for 3 or 4 years. There should be quite a bit of upside.
Had 3 successes with the drill bit. Partnered with Oilexco (OIL-T) in the North Sea on the Sheryl play, which could add 3500 BOE's a day. Have also had 2 gas successes, Breagh and Doina where they will do more delineation drilling. In the 4th quarter it will be drilling another exploration well in the North Sea. Hold for 3 or 4 years. There should be quite a bit of upside.
Josef Schachter
President, Schachter Asset Management
Price
$2.470
Owned
Yes