Energy Prospectus

Working gas in storage was 2,357 Bcf as of Friday, May 28, 2010, according to EIA estimates. This represents a net increase of 88 Bcf from the previous week. Stocks were 38 Bcf higher than last year at this time and 306 Bcf above the 5-year average of 2,051 Bcf. With so much gas out there it is hard...

Chinese Entering Deals With Pan Energy In South America And Syncrude In Canada In Efforts To Get Involved In The Energy Scene Yet Remain Non-Operators On Thursday June 3, 2010, 11:57 am EDT 67 WALL STREET, New York - June 3, 2010 - The Wall Street Transcript has just published its Oil and Gas Produc...

Is BP a Buy? < Only for those that can handle High Risk. - Dan By Matt Koppenheffer (Motley Fool) June 2, 2010 Yesterday I penned an article asking readers to decide which troubled corporate giant they hated more: BP (NYSE: BP) or Goldman Sachs. BP has found itself on the wrong end of the public sti...

I recommended to ATPG that they make a press release as soon as they know the status of MC 941 #3. MC 941 #2 and #4 have to be deepened so they will not pass. I also think a couple of the Canyon Express wells should pass the test. ATPG should bounce back if they can move forward on these projects. Dan

Go to the website and see my Sweet 16 Detailed Update (under the Sweet 16 Tab) and my forecast model for GPOR. I love this company.

They so have some production in shallow bays but that should not be affected by the BP spill.

Dan

This could be a big deal as my Fair Value estimate for ARD is $44/share. - Dan OKLAHOMA CITY (AP) -- Oil and gas operator SandRidge Energy Inc. said Wednesday it agreed to pay more cash to Arena Resources Inc. shareholders and let Arena seek other takeover offers. The changed agreement lets Arena so...

This tells me that the majors see the long-term potential of natural gas becoming a larger percentage of the U.S. energy mix. - Dan Shell buys US shale gas company East Resources for $4.7B Oil & Gas Journal - Published: May 28, 2010 Royal Dutch Shell PLC plans to buy East Resources Inc., a major...

Macquarie Equity Research has issued a 20 page report on TGA. They have listed it as "Outpreform" and given it a price target of $10Cdn (about $9.50 U.S.). IMO Fair Value for TGA is $8.15 and you can add $2.00 for Exploration Upside. Macquarie is very high on TGA's frac program in the West...

The EPG Newsletter will go out to all Premium Members at 1PM Central Time today. We had to run a final test on all the links.

When you get the Newsletter fell free to sent it to anyone you think my benefit from a group like this. We need to build up our membership.

Dan