Energy Prospectus

Note from BMO: Union Drilling (UDRL-Q) – US$6.47, up US$0.34 – Analyst – Michael Mazar – Market Perform – TP-US$6.50, down US$0.50 - Union Drilling and Sidewinder Drilling have announced that privately held Sidewinder has agreed to acquire Union for US$242 million (including debt) or US$6.50/share i...

CIBC on PBN PetroBakken Energy: We expect PetroBakken to announce its Q2 results on Thursday, August 9, before market open. We forecast Q2/12 production of 38,700 Boe/d (15% natural gas), down 17% from the previous quarter and in line with its Q2 operational update released July 9 (based on field es...

I see SRV is yielding close over 10%.

SRV used to be on the MLP list -- why was it dropped?

CS on Transglobe: RESEARCH - TransGlobe Energy Corp. (TGL.TO) - Q1/12 Sees Inclusion of West Bakr Volumes - David Phung + Quarterly Results: First quarter production and cash flow of 16,720 bbls/d and US$36 million, respectively, were both slightly below our estimates of 16,750 bbls/d and US$39 mill...

Ray Reaves CEO, anyone heard/know of them?

CS on GTE The Full Meal Deal Initiating Coverage with an Outperform Rating: We initiate coverage of Gran Tierra Energy Inc. with an Outperform rating and a C$9.00 target price. Rock Steady and Stable Base Production: The company’s current existing production base at Costayaco and Moqueta looks to pr...

CIBC on GTE: Gran Tierra Energy Inc. New Oil Discovery At Ramiriqui-1 In Colombia With 2,525 Bbl/d Production Test Ticker: GTE-TSX Stock Rating: Sector Outperformer Price (04/11/2012): C$6.02 The Ramiriqui-1 exploration well in Block LLA-22 (GTE 45% W.I.; CEPSA 55% W.I. and operator) reached TD at 1...

CIBC on GTE: Gran Tierra Energy Inc. Proa-2 Tests 6.3 MBbls/d In Argentina; Q1/12 Impacted By Pipeline Disruptions Gran Tierra drilled and tested the Proa-2 appraisal well in the Surubi Block (85% W.I., Op.) in Argentina, encountering ~31m of net pay in two Palmar Largo intervals. Production tests o...

CREDIT SUISSE on PBN: Q4 Results: PetroBakken has reported record operating CFPS of C$1.24 for Q4 vs. our C$1.16 estimate and IBES consensus of C$1.06. Strong operating cash flow was driven by better realized crude pricing and lower operating and royalty expense. Operating costs showed noticeable im...