Head office is in Calgary but properties are in the US. He prefers doing this through US run companies. This company sold off recently as they stubbed their toe on a well, which hurt their operational momentum. Management has been telling investors that the 13% dividend is safe. He would prefer other yield names such as Crescent Point (CPG-T) or Enerplus (ERF-T).

Had some exciting wells this year. Feels you can make 15%-20% a year on this one. In 18-24 months, he can definitely see this stock at $10.

Door-to-door sales, electric contracts, etc. is not a business model, he feels comfortable with. It’s a tough business and has too much volatility in it. 11.2% dividend yield seems high.

There is a strategic review going on with this company. They are looking for a buyer or are selling off some assets to help their balance sheet. Have been for sale for a long time.

(A Top Pick Oct 26/12. Up 11.99%.) Likes what this company is doing. Moving from an exploration to a development stage. You’ll probably see less volatility over the next year. He has been buying more. Can see this at $3.80-$4. A speculative buy and you need a 2-3 year timeframe at least. Doesn’t pay a dividend.

(A Top Pick Oct 26/12. Up 27.99%.) His top holding and he has bought a lot more since picking it. Could have been his Top Pick again. Have a Charlie Lake oil play that is going to go from zero barrels to a visibility of 20,000 barrels a day next year. Growth in the next 4-5 months will be phenomenal.

Energy services with renting of tools and helping out on completion of wells. This should benefit from increased activity, not only on some of the larger plays in the Montne and Duvernay, but just generally. If AECO gas price is $3.80 today, that makes for a few more wells being drilled on the gas side. He is playing the service side more through the fracers.