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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: drlink who wrote (10840)12/2/2005 4:28:22 PM
From: Ed Ajootian  Respond to of 24905
 
drlink, Diaz Resources (DZR.V) -- They have the same % interest that Sharon does. In addition to these fields, they have an interest in one 2-well field that Sharon has no interest in, the Provident City field.

I like Diaz and own some of it, bought several years ago. I have not added to my Diaz position, in fact I sold some of it recently, even though I've been buying Sharon pretty aggressively. Diaz is a much bigger company than Sharon and thus has less exposure to the upside of the Texas play. Diaz is a better known name and has more trading liquidity, but since I am investing on the potential of the Texas play I have chosen to cast my lot (at least the large majority of it) with Sharon vs. Diaz.