Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dennis Roth who wrote (185129)	8/5/2014 7:58:27 AM
From: Dennis Roth	3 Recommendations Recommended By Biotech Jim evestor LoneClone Respond to of 206131

Nostrum Oil & Gas (NOGN.L), Novatek OAO (NVTKq.L), Penn Virginia Corp (PVA Russian Oil & Gas European Refiners Bi-Monthly CSM-LNG Industrial Action Nostrum Oil & Gas (NOGN.L) 2Q14 operating update in-line, GTF-3 progressing 1 August 2014 ¦ 8 pages ir.citi.com Nostrum Oil & Gas released its 2Q14 operating update. While operational and revenue performance was in line with our expectations during the quarter, the company demonstrated significant progress with the GTF-3 project, which should double Nostrum's output by the end of 2016. We believe the 2Q14 update should be positively taken by the market. Alexander Bespalov, CFA \| Ronald Paul Smith Novatek OAO (NVTKq.L) 2Q14 call highlights – Yamal LNG and sanctions 1 August 2014 ¦ 7 pages ir.citi.com Novatek hosted its 2Q14 conference call a day after outperforming analyst expectations at the EBITDA and net income line. However, unsurprisingly the headlines from the call focused not on the company's financial performance in the 2nd quarter, but on the recently announced sanctions from the EU and US on Russia’s oil & gas sector. In the event, Novatek’s Yamal LNG project, which appears to us to be potentially the most vulnerable of Novatek’s ventures to sanctions, will likely be largely unaffected, as will the company’s dividend policy. Ronald Paul Smith \| Alexander Bespalov, CFA Penn Virginia Corp (PVA) Upper Eagle Ford Driving Positive LT Outlook Maintain Outperform and $20 TP. 04 August 2014 sendspace.com Russian Oil & Gas EU sanctions details released 1 August 2014 ¦ 12 pages ir.citi.com The EU's new sanctions on Russia's oil & gas industry appear largely as expected given news reports in recent days that appear to have been tailored to primarily affect new potential oil plays. Per the press release, equipment will not be cleared by the EU for export to Russia if it is destined for oil exploration and production in deepwater offshore, in Russia's Arctic, or in shale plays. However, it seems that the EU has excluded Russia's gas industry, as opposed to its oil industry, from any sanctions, which should be good news for the LNG ambitions of Gazprom, Novatek, and Rosneft. Additionally, only new contracts will be affected by sanctions, potentially providing an out for the ExxonMobil-Rosneft JV's exploration of the Kara Sea and test drilling in Russia's Bazhenov shale by that JV and by the RD Shell-Gazpromneft JV. European Refiners Bi-Monthly Distressed awakening? 04 August 2014 sendspace.com CSM-LNG Industrial Action Half way there or Livin' on a prayer? 05 August 2014 sendspace.com