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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (464)8/21/2013 7:21:13 PM
From: Goose94Read Replies (1) | Respond to of 203382
 
Peteromanas Energy (PMI-V) is focused on exploration in Europe with operations now in Albania and France. The Albanian business is focused on light oil targets and the French operations is focused on conventional natural gas targets (which do not need fracking). PMI is led by an experienced exploration-focused management team. PMI is well financied with $44 million of cash on the balance sheet (no debt) at the end of Q1, 2013 and has very attractive three-well cost sharing arrangement with Shell.

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Josef Schachter, President & CIO, Schachter Asset Management on BNN.ca Wednesday August 21 @ 1800ET.