Watch List Update

dan_s · Post by **dan_s** » Wed Jul 13, 2011 8:37 pm

I spent most of the day updating our Watch List, which includes 30 E&P companies and 6 onshore drillers.

Seven of the E&P companies we've analysed carefully are candidates for the Sweet 16 (selling at a deep discount to my estimated Fair Value). They are highlighted in RED on the Watch List spreadsheet which has just been posted under the Watch List tab.

I really like all of the onshore drillers. PTEN has already graduated up to the Sweet 16.