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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (39817)	10/28/2010 10:01:02 PM
From: E_K_S	1 Recommendation Respond to of 78462

Hi Paul - You have been right on the Gas Boom in Pennsylvania. I sold my HopFed Bancorp Inc. (HFBC)as it was slow to show the benefits from the local booming economy. I was thinking of deploying the funds to some engineering service/consulting company that might get service contracts from the well developers to help safe guard against the potential environmental concerns. ----------------------------------------------------------------- Gas Boom Mints Instant Millionaires finance.yahoo.com From the article:"...In the hills of northwest Pennsylvania, the boom in natural gas production turned mechanic Chris Sutton into a millionaire practically overnight. Sutton recently leased his 154 acres of land on the Marcellus Shale to Talisman Energy for a $900,000 up front check, plus a 20% cut of the revenue of the natural gas extracted from his land...." <snip> "...Jodi Edger is making money as shale gas production takes off in Pennsylvania. But with that money comes traffic, contaminated water and trouble....". <snip> "...Environmentalists and others are proposing a series of more stringent regulations, including tougher well casings, drilling farther from from water sources and people's homes, better treatment of the fracking fluid before it's discharged into the environment, seismic imaging of an area before it's drilled, and federal oversight of the whole process...." =============================================================== Stocks mention in the article: Talisman Energy Inc. (TLM) finance.yahoo.com -------------------------------------------------------------- Are there any companies that specialize in solving some of these environmental concerns w/ their engineering services. These are some of the obvious players finance.yahoo.com However, there may be some smaller companies that provide a compelling value buy especially with potential stiffer Federal oversight. EKS FWIW - I like your small E&P companies that are located in Australia w/ operations in the U.S.. I see it as a play on the $US especially those companies that also have producing wells in Australia.

To: Paul Senior who wrote (39817)	10/29/2010 1:16:46 AM
From: Spekulatius	Read Replies (1) \| Respond to of 78462

Paul interesting post regarding E&P. I wonder how you deal with the value aspect: I am trying to acquire shares in every small publicly-traded e&p company that has land holdings there. Do you actually look at the value of all those companies, or do you buy them unseen, as long as they are "undiscovered". I am having trouble to value those little critters. Just to name on example - I looked into SYRG.OB - 22M$ in market cap - total assets ~22M$, but only 1M$ equity and ~12M$ in convertible debt. Revenues last quarter were ~1M$, expenses 2.7M$. These numbers don't scream value to me - what do you do? Look at potential land value - where? DPTR is another one of those - didn't they hype this huge gas field in the Columbia River basin that turned out to be a dud after all?

To: Paul Senior who wrote (39817)	11/24/2010 1:08:52 AM
From: Paul Senior	Respond to of 78462

OT: HES: Upped my few shares a little. Decided I like HESS's dollar commitment to oil exploration, and the places where they're going to try to find oil. North Dakota Bakken France (oil shale) West Africa (Offshore Gabon) North Africa (Offshore Libya) Offshore Brazil (Santos Basin) Gulf of Thailand Norway/Denmark/U.K. North Sea I'm not much of a fan of their downstream stuff -- refining and retail sales. And at current price, the stock won't fit into a value box in the way I view it. Still, given their recent emphasis on paying up for shale lands and moving more upstream, I've raised my HES cost basis with a buy of a few more shares. finance.yahoo.com

To: Paul Senior who wrote (39817)	1/4/2011 10:01:52 AM
From: E_K_S	Respond to of 78462

Hi Paul Re: Toreador Resources Corporation (NasdaqGM: TRGL ) I gave up in this one too early. I noticed that this one was successful in a new well discovery - a very big find for the company. Toreador Resources: How the Paris Basin Shale Oil Play Was Discovered seekingalpha.com The company was running up a lot of debt and drilling dry holes. I bailed out and took my loss. A lot of the companies you list in your post of 10/28/2010 are quite active players in the field. I have narrowed my focus on U.S. & Canadian companies expect for MPET. I will stick with the larger integrated oil companies for world wide oil discovery (ie. XOM, CVX & COP). EKS

To: Paul Senior who wrote (39817)	11/14/2011 10:35:15 PM
From: E_K_S	Read Replies (1) \| Respond to of 78462

Big Oil find in Wattenberg field. Anadarko Petroleum Corporation (APC) said that land it controls in northern Colorado may hold more than a billion barrels of recoverable oil and natural gas, the latest sign that U.S. energy production is set to surge. Anadarko Raises Colorado Oil Tally NOVEMBER 15, 2011 online.wsj.com From the article:"...Anadarko on Monday said that results from 11 recent wells in the Wattenberg field have given it confidence that it can drill between 1,200 and 2,700 wells in northeast Colorado. It plans to drill about 160 wells next year. Based on its early results, it expects its wells will ultimately yield between 500 million and 1.5 billion barrels of oil, natural gas liquids, and natural gas. Finding a billion barrel field is extremely rare. Only a handful of billion barrel fields have ever been found in the U.S..." --------------------------------------------------------------------------------------------------------------------- Samson Oil & Gas Limited (SSN) and Rex Energy Corporation (REXX) have been drilling in the same area (Denver-Julesburg (DJ) Wattenberg Field area of the Niobrara). This is a huge oil find larger than Bakken and Eagle Ford combined!. EKS