FXEN

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dan_s
Posts: 34659
Joined: Fri Apr 23, 2010 8:22 am

FXEN

Post by dan_s »

Link below to recent FXEN presentation:

http://www.presentation-matters.co.uk/w ... nergy.html
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 34659
Joined: Fri Apr 23, 2010 8:22 am

Re: FXEN

Post by dan_s »

I have just updated my forecast model for FXEN. It will be available under the Sweet 16 tab later today.

I listened to the CEO's presentation at Enercom. You should all listen to his 25 minute presentation to get an idea as to the fantastic risk/reward on this stock. The CEO stated that he believes the stock price could move to over $50/share if they have reasonable success on their 18-month drilling program. Their high potential Putno exploration well will spud next week. Putno will take 9 months to drill and test.

My current Fair Value estimate is at the bottom of my forecast model.
Dan Steffens
Energy Prospectus Group
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