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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (101068)5/18/2008 1:46:12 PM
From: Ed Ajootian  Respond to of 206085
 
Madharry, Stratic Energy (SE.V) -- Yes I did and I own some of that and am a fan of it. Their presentation starts at around minute #30 at the link provided earlier for the END presentation.

I like Stratic but they are not yet ready for "prime time" since they have little production and are still a ways away to getting their next well spudded.



To: Madharry who wrote (101068)8/28/2008 8:52:02 AM
From: Ed Ajootian  Read Replies (3) | Respond to of 206085
 
Stratic Energy (SE.V) -- they are about a week away from hitting TD on a well that is gunning for 340 BCF of gas in the North Sea (SE has a 10% interest). There is a great report on this play at finance.groups.yahoo.com that was done by Tristone Capital. They believe this Breagh project could become one (or 2) of the largest gas fields discovered in the North Sea in the last several years.

The company with the largest exposure to this well that is about to hit TD is Sterling Energy (SLG.V), and I own some of that one too but own more SE.V since SE is closer to getting into some material production. SE is putting another field into production now (West Don) that is projected to generate $100 M of cash flow to SE's interest in its first year of production. It is expected to come online in April.

Oilexco's stock price started on a big move up when it got within about 6 months of that company's first production.

I don't like playing with the TSX Venture penny stocks normally but this story is just too compelling to ignore.



To: Madharry who wrote (101068)8/28/2008 6:01:07 PM
From: Sultan  Read Replies (1) | Respond to of 206085
 
Do you have the link for the presentation.. Have owned a very small position in SE, under water, for couple of years.. Added some today..