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Nawar Alsaadi  

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  • Gasfrac Energy: The Prize Of Waterless Fracturing [View article]
    Actually the $59m is revenues, is the highest quarterly revenue the company has ever achieved. As, I mentioned in this article the company missed their target revenues due to capacity constrains with a supplier at Husky, which lead them to execute 55% to 65% of the planned work, without that issue they would be around $75m. I was not privy to such information in January, and the commercial growth of a new technology is not an exact science.

    Having said that, your message does miss the point of this article, Gasfrac can not be compared at this stage to a standard water fracker, this is like comparing the sales of Tesla to GM. The company is at different adoption and growth cycle vs those commodity players.

    Sure, investing in venture stage companies is risky; this is why success is compensated dearly, and failure is punished severely. There are two reasons why the stock is trading down about 50% from the high; the stock ran ahead of itself in October 2010 to March 2011, the other reason, the adoption of the technology will not likely happen as fast as the market had expected, but it is happening nonetheless.

    You are free to buy, sell or hold. I am voiced my opinion in this article, and you are free to voice yours, I urge you however to refrain from name calling and to keep it civil.

    Regards,
    Nawar



    Mar 20, 2012. 05:56 PM | 6 Likes Like |Link to Comment
  • Warren Buffett Is Correct To Identify U.S. Housing As An Attractive Asset Class [View article]
    There is a mistake in the article EQU is not a REIT, it is Equal Energy, an oil and gas producer in Canada and the US.

    Regards,
    Nawar
    Mar 20, 2012. 11:21 AM | Likes Like |Link to Comment
  • Gasfrac Energy: New Evidence Of Superior Production Results [View article]
    Hi Jack,

    Thank you for your kind words.

    In regards to the methane ground water leakage, in theory LPG fracked wells are subject to the same risks if there is a poor cementing job; however the largest methane pollution source is flaring, LPG fracking require minimal flaring, or non at all with the proper equipment, thus from that side the technology has an edge for sure.

    This link should provide you with more information on methane release into the atmosphere:

    http://1.usa.gov/AnayNH

    Regards,
    Nawar
    Mar 10, 2012. 07:31 PM | 1 Like Like |Link to Comment
  • Opportunities Stack Up, As Fracs Back Up [View article]
    My money is on Gasfrac (GSFVF.PK) ; their waterless technology is superior and their new management is undertaking an intensive marketing efforts to gain market share and educate the market about the technology.

    Regards,
    Nawar
    Mar 4, 2012. 07:51 PM | Likes Like |Link to Comment
  • Gasfrac Energy: New Evidence Of Superior Production Results [View article]
    I don't think this has been done; however generally shale oil require a price of $55-$60 to be profitable, this is inclusive of fracking costs.

    Regards,
    Nawar
    Mar 1, 2012. 10:12 AM | 1 Like Like |Link to Comment
  • Gasfrac Energy: New Evidence Of Superior Production Results [View article]
    Thank you Andrew, I am not privy to the exact details of the licence; but based on my conversations with management; there is no risk of them losing this licence. Chevron can licence to someone else as well in the US market; however as I mentioned in my previous articles, LPG fracking is not limit to the LPG gel licence; Gasfrac has developed its own propriety closed loop system to utilize this gel in a fracking operation; currently nobody has a similar know-how.

    Regards,
    Nawar
    Feb 29, 2012. 09:06 AM | Likes Like |Link to Comment
  • Gasfrac Energy: New Evidence Of Superior Production Results [View article]
    Mariner, I believe the move is driven by few factors, the first is the Quicksilver news; they did use Gasfrac and Gasfrac LPG fracking technology seems to have unlocked a major oil basin, other players in that area are Shell and Continental Resources, those companies will probably choose Gasfrac as well to frack their acreage (Shell is already a client of Gasfrac); this area is water sensitive, so water fracking can not be used; and oil fracs are not as effective according to Quicksilver.

    The other reason for the rise is tied to a research note issued by Raymond James on Feb 22nd and reiterated yesterday, that Gasfrac is getting close to announcing a material US contract.

    and finally; the sector has been rallying of late due to the strength in oil, and the strong results from few players in the sector CJES, CFW..etc

    Regards,
    Nawar
    Feb 28, 2012. 02:04 PM | 1 Like Like |Link to Comment
  • Gasfrac Energy: New Evidence Of Superior Production Results [View article]
    There is a very little activity going either way, the CEO bought 3K shares at $6.5 couple of months ago.

    Regards,
    Nawar
    Feb 27, 2012. 03:52 PM | Likes Like |Link to Comment
  • Gasfrac Energy: Unlocking New Hydrocarbon Liquid Basins [View article]
    Today Quicksilver held their 4th Quarter Conference call; they reported excellent production results from their LPG fracs; they mentioned verbatim that "Gasfrac LPG fracs did significantly better" then the offsetting oil fracs. If you own shares in Gasfrac or doing your research on the company, I urge you to listen to Quicksilver conference call:

    http://bit.ly/yQedz6

    Regards,
    Nawar
    Feb 27, 2012. 03:25 PM | Likes Like |Link to Comment
  • Gasfrac Energy: New Evidence Of Superior Production Results [View article]
    bsirola; over the long term most certainly; however in the short term and medium term they have their hands full with North America, nonetheless they are taking steps to expand internationally, their partnership with eCorp to expanded in Europe is an example; I believe similar partnerships will be formed for Asia in the next couple of years. It is worth noting that fracking is still a nascent industry in China, it would take at least 5 years before that industry achieve critical size.

    Regards,
    Nawar
    Feb 27, 2012. 10:47 AM | Likes Like |Link to Comment
  • Equal Energy: An Unparalleled Opportunity [View article]
    Yes Steve, Don is very conservative, their Mississippian basically hold the same potential as the core SD Mississippian play, but unlike SD he is not "hyping it", this means once they start producing from their joint venture, there will be room for an upside surprise.

    In my talks with the CFO they mentioned that they were expecting a deal in Q1, Don confirmed it today, by saying that a deal will be signed in March, I believe the stock could run to the $6-$7 range once a deal is signed for the Mississippian. A reason for the pop is not just their Mississippian exposure, but the entirety of their asset base in undervalued, a deal could finally shade some light on the company.

    Regards,
    Nawar
    Feb 22, 2012. 12:55 AM | 2 Likes Like |Link to Comment
  • Equal Energy: An Unparalleled Opportunity [View article]
    For those still following Equal, the company CEO just gave a presentation at the Enercom Oil Conference in San Francisco, you may listen to the webcast here:

    http://bit.ly/xc5QTi

    couple of highlights from the presentation:

    - Viking locations could go as high as 250 (current published 150, which was already up from 90 in late 2011)
    - Hunton high locations count is 60 (current published 40)
    - Hunton still yielding 22% to 38% IRR at current strip pricing (NG, oil, NGL)
    - Mississippian deal (farm out) announcement expected next month

    Regards,
    Nawar
    Feb 21, 2012. 12:28 PM | 2 Likes Like |Link to Comment
  • Halliburton Stands To Profit By Addressing Environmental Concerns [View article]
    One way to deal with the environmental concerns is waterless fracking; Gasfrac has done over a 1000 fracs with gelled propane, no water is used, no waste water is produced (no need for injection wells), reduced Co2 emissions, reduced truck traffic (from 1000 per well to 30), and on top of that LPG fracking has been demonstrated to enhance well reserves and productivity. I expect Gasfrac to be acquired by one of the larger oil service companies in the next 24 months.

    Regards,
    Nawar
    Feb 20, 2012. 12:01 AM | 2 Likes Like |Link to Comment
  • Land Drillers Look Attractive In Light Of Premium Rig Shift [View article]
    Thank you for the interesting article.

    Indeed the drillers and pressure pumping group seems to be priced for Armageddon; yet fundamentals in the ground offer a vastly different picture. Oil prices seems to be going through a new leg up; and NG prices while low still require drilling and fracking, when we take in consideration a 32% annual decline rate for US NG production.

    I believe this sector is set for a strong upward re-rating later in 2012.

    Regards,
    Nawar
    Feb 15, 2012. 03:23 PM | Likes Like |Link to Comment
  • Gasfrac Energy: New Evidence Of Superior Production Results [View article]
    Hi Bommer,

    Glad you found the company to be a worthwhile investment; yes the stock is quite volatile, 5% moves happen often; however if you can stomach the volatility, there is a lot of potential going forward.

    Regards,
    Nawar
    Feb 13, 2012. 07:58 PM | 1 Like Like |Link to Comment
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