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Gold/Mining/Energy : The Oil & Gas Elephant Hunt

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From: FIFOkid11/25/2006 10:08:57 PM
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The other stocks that no one mentions that has huge potential is Heritage Oil, Tullow Oil, Caspian Energy, Addax Petroleum and Lundin Petroleum. The Albertine Graben in Uganda/DRC looks like it also may be sitting on billions of reserves when it is all played out. The two players in the region are Tullow and Heritage. It looks like the Taq Taq field in Iraq and Nigeria will be a winner for Addax. Caspian Energy has 6 potential fields within its block in Kazakhstan with 300 MMBBLS of potential net reserves and trading barely over 100 million in market cap. Lundin Petroleum owns an unexplored block on the Russian sector of the Caspian Sea about 10 miles away and on trend with Lukoil's recently found Filanovsky field.
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