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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: Kerm Yerman who wrote (4529)1/21/1998 9:17:00 AM
From: HAZ  Read Replies (1) of 24936
 
Kerm / All / O&G Investment

The more and more I read all the great news you provide at KK, I am convinced that the gas sector is the place to be or at least that's what someone wants us to believe.

Actually I also agree that natgas is the place to be starting late in 98 and forward.

Petro Canada is the latest to come out and say that they are selling the light oil properties, which Co-incidentally are declining or at least not climbing at a decent rate.

There are many reasons for natgas to outperform oil based on the current supply/demand fundamentals.

I believe that many senior, medium and junior companies will be directing a larger portion of their capital budgets to explore for natgas.

Do you have any idea which companies have large undeveloped natgas properties with more emphasis on high impact plays.

I also noticed that some analyst moved Newport from a HOLD to a OUTRIGHT SELL, and yesterday the stock was one of the most active up 0.15 on 1.76 million shares and closed at 5.30.

I wonder who was buying all those shares of Newport after such a convincing Sell recommendation.

If I could prove that the buying came from the same brokerage or affiliated companies as the analyst that made the recommendation, I'm sure I'd have a case for fraud and suit them for millions.

Off the top, companies that I remember as having good natgas properties ;

Newport
Numac
Anderson
Ranger
Gulf
Tallisman

Your comments and insight as always are appreciated.

Cheers again
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