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Gold/Mining/Energy : CDN. Oil/Gas Cos. - Shareholder Maximization

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To: Richard Saunders who started this subject3/18/2001 10:49:38 PM
From: Richard Saunders  Read Replies (2) of 56
 
Gilbert - thanks for the link. You've a decent resource.

Here's what you mentioned re: Delaney
In this issue, we cover many corporations that we believe are undervalued.

Delaney Energy Services Corporation (CDNX, DLY - $0.75) (HIGHLY SPECULATIVE)

Delaney Energy Services Corporation is an integrated service company serving the western Canadian oil and gas industry. The Corporation provides its Field Services through Delaney Energy Production Testing from its offices in Calgary and Grande Prairie; Delaney Energy Reservoir Analysis and Reporting, provider of pressure transient analysis and testing supervision from its offices in Calgary; Delaney Energy Wireline Division, provider of slicking services from its offices in Sylvan Lake, Lloydminster, and Calgary; Delaney Energy Cased-Hole Logging and Perforating Division, provider of cased-hole logging and perforating services from its offices in Calgary, and its stations in Vegreville, Brooks, Halkirk, and Grande Prairie. Delaney Energy Manufacturing manufactures wellsite process facilities from its plant near Halkirk, Alberta.

Like Bowridge, another of our favorites, Delaney should benefit in 2001 from the strong activities in the oil and gas sector. At the current price of $0.78, Delaney's shares are trading at five times their fully diluted estimated earnings per share ($0.15).
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