Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: kx who wrote (5618)	11/28/1998 12:42:00 AM
From: Kerm Yerman	Read Replies (2) of 24925

Khamdy / Natural gas companies In my opinion, natural gas companies are pretty much fully valued. I would recommend buying on any pullback in share prices. I think the whole energy sector is in position for a minor correction due to oil prices and now -- weather. Berkley Petroleum, Northrock Resources, Paramount Resources, RioAlto Exploration are among my favorites. Smaller companies I like are Bonavista Petroleum, Compton Energy, Cypress Energy and Genesis Exploration. Canadian 88 Energy and Newport Petroleum are two others to watch. Believe it or not, oil producers may offer more leverage to the upside if you are looking at a minimum window of twelve to eighteen months out in time. Companies like Canadian Occidental Petroleum, Petro-Canada, Talisman Energy and fast growing Probe Exploration and Vermilion Resources are just a few to consider. Oil prices have fallen back to the lows experienced earlier in the year and stocks have yet to do the same. I do anticipate continuing weakness in the sector. If one can see through a period of distressed oil prices, longer term outlook is terrific for the oil producers.

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