Energy Prospectus

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BP's New Legacy: Everyone Out of the Water! By Nick Hodge | Thursday, May 27th, 2010 Michael Steele's having a bad year. The embattled Republican National Committee Chairman has had to battle opposition to his leadership within his own party, defend his organization's $2,000 tab at a Hollywood strip...

I just heard from a friend here in Houston that BP engineers may have gotten the well plugged. They want to make sure before anything is reported to the public. Working in 5,000 ft. of water with high pressure wells is VERY DIFFICULT and anything can happen but let's all say a prayer that this works...

Update on our EPG activities for the group: Most of our old Yahoo members are now set up on the new website. www.energyprospectus.com It is open to the public until June 30. My next Newsletter will be going out to all Premium Members (which includes all Founding Members) on June 1. I'm also working ...

This news should also help: KOG, EOG, GEOI, GPOR and AEZ AUSTIN, TX--(Marketwire - 05/26/10) - Brigham Exploration Company (NASDAQ:BEXP - News) announced the completion of the Jack Cvancara 19-18 #1H and the Tjelde 29-32 #1H at early 24 hour peak flow back rates of 5,035 and 3,171 barrels of oil equ...

Geneb;

Note that AEZ ownes 95% working interest in the Ron Viall 1-25H well. That is HUGE for a company of this size.

I recommend that all EPG members interested in AEZ take the time to review their most recent presentation which is available on their website.

Dan

From RJ "Energy Stat of the Week" dated May 24: There are three key issues that appear to be driving short term oil prices: 1) the U.S. dollar; 2) the broader stock markets; and 3) bloated Cushing inventories. On the dollar issue, we would start by saying we are by no means currency expert...

RE: American Oil & Gas I have completed my Net Income and Cash Flow Forecast model for AEZ. It is very impressive. I have a call into the Company and I will discuss it with them. If they confirm what I have in the model then AEZ will be replacing ARD in the Sweet-16 Growth Portfolio. I will be p...

If a hurricane enters the GOM before BP gets the well plugged it is really going to be a mess.

Dan

Here is a good article on Peak Oil. Be sure to check out all the links. Some good stuff.

http://seekingalpha.com/article/206528- ... urce=yahoo

Dan