Energy Prospectus

I am finishing up the newsletter today, so this will be short. Also, no podcast this weekend. I will record a podcast on Wednesday or Thursday because Susan & I will be on a cruise ship (Celebrity APEX) April 26 to May 2. I will have internet access, so I will be checking the markets on sea days...

Buying stocks via the pink sheets is just a way to buy stocks of companies that are traded on foreign exchanges. You can also open international brokerage accounts, but it adds a bit more bookkeeping. Other pink sheet companies include: Hemisphere Energy: HMENF InPlay Oil: IPOOF Surge Energy: ZPTAF ...

My interview starts at the 30 minute mark: https://www.youtube.com/watch?v=knUYMA4A7qQ

I highlight REPX and SGY.TO starting at around the 45 minute mark.

I am finishing up the April newsletter today. I will be sent out on Monday morning.

I will record a podcast on Wednesday or Thursday.

OilPrice.com: Friday, April 19th 2024 The drastic seesawing of oil prices in recent trading sessions reflects the uncertainty surrounding the Israel-Iran conflict, with initial reports of Israeli strikes on Iranian soil ratcheting up Brent above $90 per barrel, only to see them plunge back to $86 pe...

Probably not yet, but we are getting close to "Peak Production". The only oil basin with upside is the Permian Basin, with most of the upside being in the Delaware Basin, a sub-basin of the Permian. ---------------------------- OilPrice.com The total number of active drilling rigs for oil ...

It is a Canadian stock exchange primarily for smaller companies: https://www.tsx.com/trading/tsx-venture-exchange "The TSX Venture Exchange is a stock exchange in Canada. It is headquartered in Calgary, Alberta, with offices in Toronto, Vancouver, and Montreal. All trading through the Exchange ...

First Call's current price target is $0.73Cdn per share.

Trading volume on the venture exchange is more that 3X higher today than normal daily volume.

Update from Research Capital dated 4-18-2024 "With improved oil prices, ROK has added a 6 well drilling program. Two of the planned wells offset the company’s best Frobisher well drilled to date which could boost production in Q3/24. ROK’s lithium brine play seems to be progressing quickly whic...

Remember back in 2022 when the collective West (NATO and the U.S.) promised plenty of weapons to Ukraine to win the war against the Russians? Ukraine was promised HIMARS precision guided artillery, Storm Shadow cruise missiles, Patriot anti-missile batteries, Leopard tanks from Germany, Challenger t...

I spent this morning updating my forecast/valuation model for ROK. The Company reported a loss for the year 2023, which included several 1-time items: $7.3 million loss in Q1 on a debt settlement, $5.7 million gain on acquisitions in Q1, $8.9 million non-cash impairment charge in Q4 and a $5.9 milli...