Energy Prospectus

American Oil & Gas (AEZ) is very high on my list of possible replacements for Arena Resources (ARD) in the Sweet-16. I hope to work on it next week but we are very busy these days with the new website and updating all my models. I urge you all to start your own due diligence on this one. http://...

Sweet-16 member FXEN came through with a solid first quarter. I have updated my Net Income and Cash Flow Forecast which will be posted to our Home Page tomorrow. I want to listen to their conference call before I put the final stamp of approval on it. If they are still on track to complete two more ...

TGA is up over 100% year-to-date and I do believe it has more upside. However, I doubt it will double from here. TGA is our only pure play on oil. If oil prices go to $100/bbl, which I think is possible this year, that would take TGA much higher. Also, TGA will be driliing some high potential explor...

Our next Energy Prospectus Group luncheon will be hosted by GeoResources (GEOI) on Friday, May 14 at The Hess Club. GeoResources CEO, Frank Lodzinski will be our speaker. The Hess Club is located just six blocks west of the J W Marriott on the north side of Westhiemer Rd: 5430 Westheimer Road, Houst...

Thanks for the info but please post this stuff to the "Other Topics" forum.

Thanks
Dan

"Core Holdings" for me are the large-caps with solid Balance Sheets and steady production and reserve growth locked in. They all have a high "Safety Rating". The Sweet-16 Portfolio companies that fit that bill are: Arena Resources (ARD) > Soon to merge with Sandridge (SD) Denbury...

Arena Resources (ARD) crushed my forecast for the first quarter by reporting EPS of $0.46, that is 10 cents above my forecast. ARD is debt free and heavily weighted to oil. SD is getting a good deal on this merger. ARD's "Fair Value" is being raised to $44/share. My detailed forecast model...

I just completed the Denbury forecast. Kim will post it on the Home Page tomorrow. Denbury will close on a $900 Million property sale by the end of May. The cash will pay off most of their bank debt. DNR is HEAVILY WEIGHTED to oil (which I love) and they will have a strong Balance Sheet after the as...

Denbury deserves "Core Holding" status within the Sweet-16. It is always difficult to forecast results for a company while they are still within the transition period of a major merger but DNR looks solid. - Dan 2010 Outlook Denbury’s 2010 development and exploration budget (excluding acqu...

I'm not recommending this one at all since I have not taken a good look at it in over a year. However, they have recently closed a deal on their Eagleford Shale leases (selling most of their deep rights) that allowe the company to pay off all of its bank debt. I consider this a one time event. Bill ...