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

To: Paul Senior who wrote (49564)	9/25/2012 1:31:46 PM
From: Jurgis Bekepuris	Respond to of 78476

MAUXF - for me right now it's a "show me" stock. I might buy more if stock drops more without any news. I have a medium sized position.

To: Paul Senior who wrote (49564)	9/25/2012 1:55:04 PM
From: E_K_S	Read Replies (2) \| Respond to of 78476

Have you looked at Miller Energy Resources, Inc. (MILL)? Miller Energy Resources is a high-growth oil and natural gas exploration, production and drilling company operating in multiple exploration basins in North America. Miller's focus is in the Cook Inlet area in Alaska and in the heart of Tennessee's prolific and hydrocarbon-rich Appalachian Basin including the Chattanooga Shale. Miller is headquartered in Huntsville, Tennessee with satellite offices in Knoxville, Tennessee and Anchorage, Alaska. The company’s common stock is listed on the NYSE under the symbol MILL. Their Alaska properties look interesting to me as I do not own ant E&P's that have exposure in that area (some in North western Canada). From their Web Site: Pacific Energy AcquisitionAcquired Offshore and Onshore Processing and Production Facilities and a Modern Offshore Energy Platform.Total Cost to Originally Build the Facilities: $300 Million+Acquired Over 600,000 Lease Acres with Hundreds of Miles of 2-D and 3-D Geologic Seismic Data. The company just completed a $2M preferred offering and according to YAHOO Finance, their debt profile looks very good (I suspect their revenue may be a one time event as I have not researched anything yet). The preferred offering caught my attention and then I saw a several large insider buys over 62K shares @ $3.69/share August 2012 and several others in July 2012. There was some discussion that Alaska (the state) is friendly to E&P companies and is working on their own NG pipeline program from the North Slope to the inlet w/ the plans to build a LNG port terminal so they can export LNG to Asia. Alaska Sees Asia Driving Annual $20 Billion Via Pipeline By Edward Klump - Sep 24, 2012 1:24 PM PT Alaska wants a $50 billion pipeline and export complex built to develop natural gas that’s stranded on its icy North Slope. The justification: Asia ’s swelling appetite for the fuel. Energy explorers and Alaska’s government are trying for the first time to market a resource that may generate as much as $20 billion in annual gas sales. Asian gas buyers as of July paid almost six times the futures price in the U.S., where it has been driven low by the shale boom. Any ideas of potential plays for the Alaska NG theme other than a major like Royal Dutch? EKS