He says this company has assets in Turkey where natural gas is priced three times higher than Canada. The company has not completely tested their well there and their pilot well will not be online until 2019. Over 95% of Turkey’s natural gas is imported, so the potential is great. If the stock was under $2 it would make sense. He believes there are better options in Canada – this is too speculative at this time.

He does not have this on the recommended list yet. He thinks it is a buy at these levels, but thinks it will trade lower on weaker oil prices. This company has traded up to 2.7 times book value, so the potential is up to $60 in the next 3-5 years. He would wait to buy it in Q2.

This company has a nice dividend and the book value is $12.33, but is a little heavy on debt. A back off into the high-$30s would be a good buy on a 3-5 year view. He thinks the dividend is safe. Yield 6.4%.

He likes this company, sees production growth, and thinks it trades cheap on a cash flow multiple basis. This stock has traded 2.2 times book value and if it trades below $2.75 CAD it would be a buy.

The price is coming close to book value of $10.37. The balance sheet is in good shape and he likes management. Hold off until it falls closer to book value. Yield 4.5%.

He likes the leadership and the balance sheet. They are doing stock buy-backs. Below $3 this is a great buy. They are the biggest fracker in Canada. Book value is $3.47 and it has traded 2.6 times book value. Be patient. He has a $12 target for 3-5 years.

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)