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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: paul feldman who wrote (39810)3/12/1999 8:33:00 PM
From: SliderOnTheBlack  Respond to of 95453
 
paul feldman - ie: CPE -

Played it for a nice 25% pop earlier last fall - mainly a nat gas weighted small E&P company.

Message 5799485

Imho; there are presently much, much better small & mid cap E&P plays... they have a huge short position an arb play on their convertible pref stock; this is keeping common depressed. Read the Yahoo CPE board for some info...

MARY MLRC EVER are solid nat gas growth stories and a riskier play would be PGEI RRC - both potential 2-3 baggers by fall...FXEN is a high upside pure exploration play - owns huge acreage in Poland and is a partner with Apache who picks up all costs of drilling/development for a % - less risk than the Colombian plays of HEC SEV OIL imho (no pipeline blasts from terrorists) and above all they have no debt and APACHE doing the work, not some rag tag JV crew...! APA on a dip here would be a great value as well - look at their 5 year chart - cheap here...

good luck