Saudi-Sized Oil Fields Found in Utah
“It’s the largest onshore discovery in at least 30 years.”
~U.S. Department of Energy geologists
In the most important U.S. oil development in several decades, 2 little-known companies are quietly preparing to tap the largest on-shore oil field discovery since 1967. The last time there was a discovery of this magnitude, early investors made 150-times their money. Dear Reader,
In Sevier County, Utah – a 3-hour drive from Salt Lake City – a small group of geologists have made the discovery of a lifetime...
It’s the largest onshore oil province discovered in the U.S. since Alaska struck it rich in 1967.
For investors, this offers a rare and very limited-time opportunity: a second chance to capitalize on soaring demand for oil around the world.
Just how much oil are we talking about in Utah? “It's enormous – it's a major discovery,” says Steve Sonnenberg from the American Association of Petroleum Geologists.
“The size of the structures here are massive. They’re elephants,” says Kimball Hodges, a U.S. oil executive. Recently, the U.S. Department of Energy made this official assessment:
“[This] discovery represents one of the most promising new onshore plays in the United States in recent years... The area has the potential to be a billion barrel province with perhaps another 10 fields to be discovered.”
This isn’t some hard-to-extract, oil shale field either.This is pure light, sweet crude – the cheapest and easiest-to refine oil in the world.
It’s the type of oil that put Texas on the map... and turned hundreds of wildcatters and thousands of American investors into millionaires.
What’s incredible is that this oil is so pure and plentiful, that even if oil prices dropped to levels not seen since 1980s prices, you could still turn a tidy profit on this Utah discovery.
Already, a small group of private investors are profiting from the first stake – a 480 acre-chunk of land that holds between 100-200 million barrels of light crude oil. They’re already selling this oil to nearby Salt Lake refineries... and pocketing more than a million dollars a month.
But that’s just the beginning...
Drilling is set to begin on another section of this province. Preliminary reports suggest it could be 7-times as large... and could hold 1-3 billion barrels of oil.
The good news is you don’t have to be a private investor or fly to Utah to stake your claim.
Two of the companies set to drill this new oil province are publicly traded... and one of them “could be a 40-bagger,” according to Jack Galbraith, a money manager familiar with the situation.
The best part is, hardly anyone in the mainstream investment world knows about this discovery yet... except for local Utah papers like The Salt Lake Tribune.
In my 15 years in the field as a geologist, I’ve never come across a situation so amazing – both from a geological and an investment perspective.
I’ve written this letter to tell you everything I’ve learned about this discovery... including why it’s still a secret in the investment world, who’s drilling it... and how to take advantage of it — before the rest of the world finds out. I can’t stress this enough: This story will NOT remain a secret for long. The people likely to make the most money are those who get in on this opportunity soon. Here’s the full story...
Century-Old Oil Mystery –
Finally Solved
While exploring a 75-mile stretch of windswept land in Central Utah, a 25-man team called Wolverine Oil & Gas unearthed an enormous, multi-billion barrel oilfield.
It’s the largest onshore U.S. discovery since 1967, when geologists found oil in Prudhoe Bay, Alaska.
According to the Utah Division of Oil, Gas and Mining, this Utah oil is a very high quality light crude – the purest and most valuable oil in the world.
It’s the kind the Saudis sell to America... and it’s the kind Texas had in abundance in the 1930s.
But to have billions of barrels – right in the middle of the United States today – is incredibly rare...
You see, for close to a century, geologists have thought this part of Utah had plenty of oil.
Central Utah sits right on top of the North American Thrust Belt – a geological structure that slices through the continent... from Mexico, through Utah, and into the oil-rich fields of Alberta, Canada.
If you’re looking for oil, a thrust belt is the best place to start. Most of the world’s big oil discoveries have been along thrust belts. Chevron, Shell, Amoco, and Gulf all made fortunes from major oilfields discovered along this thrust belt - in Wyoming and in parts of Utah. But in Central Utah, not a single drop of oil has ever been found.
Chevron explored Central Utah for 25 years, with no success. And in 1999, Chevron finally gave up, and sold their seismic data and land leases to Wolverine Oil & Gas - a privately held, Michigan-based company.
Douglas Strickland – Wolverine’s lead explorer and former Chevron geologist – figured out where everyone else had gone wrong.
Very simply, Strickland realized the surface rocks in this region were unlike any traditional oil markers.
Wolverine quickly – and quietly – uncovered this treasure trove... and now it’s only a matter of time before the region’s entire potential is fully tapped... A Well-Kept Secret...
Incredibly, this Utah oil discovery took place 2 years ago... So, why are we only hearing about it now? The reason is simple:
If you knew billions of dollars were buried in the ground, would you give away the treasure map? Wolverine Oil & Gas decided to keep their discovery a secret for as long as possible. As Wolverine’s exploration manager later admitted:
"We kept this very quiet and confidential."
In the two years that followed, Wolverine Oil & Gas guarded their secret... while quietly picking up as much land as they could afford.
They increased their position in the area... and began to map out the rest of the oil on their property.
Now, Wolverine has “a total of 25 deposits that could contain 1 billion barrels of oil,” states the Deseret Sun, another small, local Western paper.
Word is rippling through the oil community...
Incredibly, Wolverine’s billion-barrel discovery is only the beginning...
At least 10 more giant fields...
How much oil is there in Central Utah... and who’s going to pocket the most money?
A “super-giant”
A “super-giant” is a single oil field that holds between 5-10 billion barrels.
Many geologists have long-suspected all the onshore super-giants have already been found.
Since 1960, only 4 super giants have been discovered outside the Middle East, beginning with China’s Daqing field... and followed by Western Siberia’s Samotlor in 1965... Alaska’s Prudhoe Bay in 1967, and Mexico’s Cantarell field in 1976. The next super-giant could very well be in Central Utah... “There might be a super-giant" field, he added.
But the hard facts we know right now are the following:
1) The Department of Energy estimates there could be ten more deposits lying in this region.
2) If each contains as much as Wolverine’s Covenant Field, we’re looking at a 10 billion barrel oil province. And that’s more than half a trillion dollars, up for grabs, at today’s oil prices.
Even a fraction of that is enough to significantly move Exxon’s share price – and they’re the largest corporation in the world.
Just imagine what would happen to the shares of a company 1/300th the size of Exxon.
Just imagine if Wolverine were public... and you’d known their secret before everyone else did...
Right now, there’s a small, publicly traded company that looks a lot like Wolverine Oil & Gas did – right before they discovered oil in Utah...
In fact, this drilling company is sitting in a much better position than Wolverine.
How so?
Let me explain...
The Next Wolverine:
Drilling Ready to Begin Any Day Now
This small drilling company has 3 major prospects in Central Utah, right next to Wolverine’s Covenant field.
At a recent conference for oil executives, the company’s CEO went on record saying:
“The acreage position we own has 21 identified structural features that are all in very close proximity to the Covenant field. And, typically, all are much larger in size than the Covenant field itself.”
How much oil do they have?
The company’s data suggest 1-3 billion barrels on its entire 170,000-acre property...
Simply put, this company is potentially sitting on a fortune in oil money.
And here’s the really interesting part...
This company is partnered with Wolverine Oil & Gas – the private group that first made this discovery.
So, they know exactly where to drill for oil... which seismic data to use... and can avoid all of Wolverine’s initial mistakes.
This company has two drilling rigs parked right in Utah. Test drilling is set to begin any day now on their first field, which contains, in their estimate, 250-500 million barrels. The point is, it could be a matter of just weeks before this company confirms to the investing world exactly how much oil they’ve found. And you have time to get in now, today, while it’s still early...
Right now, this company is a microcap stock – so it’s way too small for the big banks to pick up enough shares to make it worth their while.
But hedge funds and smaller investment banks are starting to find out about this story... and have started to invest heavily. Jack Galbraith, who’s been called “one of North America's best money managers,” recently invested $98 million dollars in this company.
He’s gone on record saying this Utah oil company could possibly be a 40-bagger.
In 2001, a company called Ultra Petroleum struck it rich with oil and gas. Its stock shot up 600% in two years. If you’d been one of the lucky few who invested back then, your money would be 30-times larger today.
And early investors in Prudhoe Bay have made more than 150-times their money...
But in both these examples... and in the case of this Utah oil discovery... how much you can make depends entirely on how early you invest...
Timing Is the Difference Between Collecting $50,000 and $500,000 My name is Matt Badiali.
I've been in the oil industry for nearly 15 years... and have been involved in almost every aspect of geological exploration and drilling...
I thought I’d seen it all...
But this discovery in Utah really is unprecedented.
To have this much light sweet crude – the most valuable oil in the world – in an area of the United States that’s been extensively explored... is truly amazing.
If you’re as excited about this opportunity as I am, then you should read the Special Report I just compiled, called: The Largest Onshore U.S. Oil Discovery of the Past 30 Years. You’ll learn the full details on this Utah opportunity, including how much exactly you can expect this tiny driller’s stock to go up... how to pick up shares... and what to expect in the next 6-12 months.
Any day now, when this company begins drilling, it should strike oil on its property in Utah... and I’d bet that you’ll see this story on the front page of the next day’s Financial Times... and talked about every hour on CNBC... until this stock has gone up so much that the big profits will be off the table...
How do I know this?
Well, take a look at what’s happened with the oil sands boom in Alberta, Canada.
The very best time to invest in oil sands companies was in 1997-1999.
That’s when oil sands finally became a legitimate source of oil... and became worth the time of major oil companies like Shell and Chevron.
Once word spread that getting oil from tricky sands was finally possible... and potentially profitable... the media ate it up.
CNBC ran stories on oil sands morning, noon, and night. They turned it into one of the most important business stories of the decade.
I really do believe the same multimedia press circus will take place the moment the tiny oil company I told you about drills its first successful oil well in Utah.
Unlike Wolverine, this company has NO reason to keep its drilling discoveries quiet. After all, it’s a publicly traded company – so its goal is to attract new investors and to have its stock price shoot higher.
I’d like you to have a copy of the special report on this opportunity – The Largest Onshore U.S. Oil Discovery of the Past 30 Years.
You’ll learn everything you need to know about this drilling company... PLUS the full details on another company I’m recommending you buy right away to take advantage of this opportunity in Utah.
This second company also has oil property near Wolverine’s field... and can potentially go up by many multiples... What I like about this company is that they’ve already demonstrated they can find oil in the Rocky Mountain region. They’ve been 93% successful in their attempts to find oil in Montana – a property they estimate to hold 700 million barrels of oil.
Again, I can’t stress this enough: This is one of those rare opportunities in the investment world in which you have an opportunity to invest before the situation is covered heavily by the mainstream press.
But I don’t think it will remain a secret for long... To take advantage of this situation, you need to act right away. And to help you do it, I’d like you to have access to my recent report FREE of charge, immediately.
Your free copy of The Largest Onshore U.S. Oil Discovery of the Past 30 Years is posted online at our secure website. My staff will provide you with a password... so you’ll have instant access to this FREE report. The sooner you read this report and pick up shares, the better.
All that I ask in return is that you take a trial subscription to my research service – the S&A Oil Report. Before you decide, however, there’s something else I’d like to send you free of charge – it’s another unique way to make money from oil that I guarantee most investors have never heard of... |