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

To: E_K_S who wrote (43070)	6/20/2011 4:52:23 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78596

Hi EKS. Re. ROSE, I've primarily liked that they were in several geographically diverse shale oil plays. And for a small company they had relatively larger market cap and more net acres than the other similar small multi-play shale oil companies I was buying at the time. I viewed their gas production as an impediment to their oil shale possibilities. I was sorry to read of their sale of their Niobrara assets. (Non-core asset sale, they said.) Apparently, their significant gas production is positive for them as they concentrate on their Eagle Ford properties. (ROSE has 15k acres for dry gas, 50K for liquids there.) And of course there's their opportunity with their holdings in the Alberta Bakken.