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Gold/Mining/Energy : The Oil & Gas Elephant Hunt
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To: Bearcatbob who wrote (222)1/28/2007 3:29:05 PM
From: Brinks  Read Replies (1) of 310
 
1. North Sea: Oilexco should be on line shortly with meaningful production. The share price has been moving north lately. Comment: OWNED forever

2. North Sea: Oilexco is drilling numerous plays. Most meaningful to me is Laurel with International Frontier and Gulf Shores. Pescod has advertised this well. Comment: OWN Gulf

3. Alberta: Connacher will go into production in late spring or early summer. They will also be defining their reserves.
OWN but wondering why it is soooooooooo cheap.

4. New Brunswick: Corridor will be going into production by ~ May. More importantly the Dawson Deep should TD soon.
Comment: Watching

5. Hungary: Falcon Oil and Gas may someday test their BCG wells. Comment: Sprott large holding but cannot get over Bruner involvement.

6. Finally - G2 Resources is completing a takeover of Cannon Oil and Gas. During the takeover process G2 has fallen. The assets being acquired by G2 are imo substantial and have not been promoted. G2 has not had an operational update since September. When I called recently they said there would be an update after the takeover is complete. I believe G2 is promoted by Doug Casey. I also believe the management of G2 has a good track record. I think this is a nice opportunity that does not require the success of a wildcat well. Comment: owned at one time but poor management feedback....
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