I was VERY IMPRESSED by the presentation they made at our luncheon in Houston on Friday, March 21. I have known Paul Laird the CEO for over ten years and I think he has a great team.
Like all companies of this size, there is significant risk, but also significant upside.
Diversified is a start-up E&P that recently went public via merger of a private company into a shell. They are offering (via private placement) shares at $0.50 until March 30. If you are interested in this start-up call Paul Laird at 303-418-6005 and he will send you the offering documents. This is for accredited investors only.
What I like:
> Great team with decades of experience in the DJ Basin, Raton Basin and San Juan Basin
> Some current production with low risk development potential
> Leasehold close to where EnCana, EOG, Nobel, BCEI, CRZO and Anadarko are getting outstanding results
> Low cost for significant exposure to the Niobrara and Codell (see our report on Bonanza Creek (BCEI))
> Relationship with Global Hunter Securities that has a long history of raising capital for small-cap E&Ps
Diversified's presentation will be on our website by Saturday.
Diversified Resources (OTC: DDRI)
Diversified Resources (OTC: DDRI)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group