Energy Prospectus

I have updated my Net Income and Cash Flow Forecast for FX Energy and posted it under the Watch List Tab. Note that the Excel version is near the bottom of the list. FXEN is a high risk / high potential stock. Where this one goes depends on the outcome of the Kutno-2 well. A lot of shareholders are ...

Joseph Dancy made a great presentation at our luncheon on April 2. For some of his top picks see:
http://www.lsgifund.com/TVF/LSGI_March_12.pdf

HUNTSVILLE, Texas, March 13, 2012 /PRNewswire/ -- Mitcham Industries, Inc. (NASDAQ: MIND - News) announced today that it will release financial results for its fiscal 2012 fourth quarter and year-ended January 31, 2012 after the market closes on Tuesday, April 3, 2012. In conjunction with the releas...

The Highest Taxes in the World (not exactly encouraging more investment in this country) There aren't many American-owned companies more iconic than Anheuser-Busch, the famous producer of Budweiser beer based in St. Louis, Missouri. That was true up until 2008, when the Brazilian-Belgian company InB...

I will update my forecast this week. Keep in mind that FX Energy uses the Successful Efforts method of accounting. Therefore, all exploration costs are expensed as incurred, making if very difficult to show a profit during the growth period. If they can get Kutno-2 to TD the share price should move ...

Gulfport is: > Heavily weighted to oil and selling most of it in the Gulf Coast market near Brent price. > Operating cash flow exceeds their capital budget > Solid Base of production with incredible upside in the Utica Shale, Niobrara and Canadian Oil Sands (first production now forecast for 2013) Y...

If Kutno-2 well is successful, FXEN's share price will take off. Salt Lake City, April 2, 2012 – FX Energy, Inc. (NASDAQ: FXEN) today announced that drilling has commenced on the Komorze-3K well in the Fences concession in central Poland. The Komorze-3K well targets one of five satellite structures ...

We have updated all of our Watch Lists (E&P, Drillers and MLPs) as of 3-31-2012. EPG Members can log on and find them under the Watch List Tab and the MLP Tab. Energy Sector MLPs offer high tax deferred yield. Most of their revenues are locked in by hedging and long-term contracts, so they are a...

SARA is hosting our luncheon on April 2 at The Hess Club. I started working on the company's profile this weekend and the first think I noticed is that its market cap is less than the PV10 value of its proven reserves less the company's total debt. I hope you can make it to our luncheon but if you c...

All of our Canadian based companies (GTE, TGA, PetroBank and Petrominerales) appear to be trading at deep discounts to their break-up values. They are all heavily weighted to oil. TGA and PetroBank are both up more than 50% year-to-date and still well below my estimated Fair Value. GTE just announce...