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  • Petroshale: Junior Oil Play With Big Potential [View article]
    "It is too early to talk about Petroshale replicating the success of Kodiak Oil & Gas five years down the line. However, Petroshale is certainly making acquisitions in the right property."
    Sep 6 02:10 AM | 1 Like Like |Link to Comment
  • Paragon Offshore: A Spin-Off With Minimum 40% Upside Potential [View article]
    Yes, it is incorrect. I have submitted for correction. Thanks for pointing out.
    Aug 22 01:10 AM | Likes Like |Link to Comment
  • Paragon Offshore: A Spin-Off With Minimum 40% Upside Potential [View article]
    The bear case assumption is that rigs are re-contracted after a idle period of 3 months. Even in that scenario, the stock has upside.
    Aug 22 01:10 AM | Likes Like |Link to Comment
  • Artek Exploration: 50%-87% Upside Potential With Multiple Catalyst [View article]
    Absolutely, 5.3 to 5.9 wells - The two wells tested are at 1,400 to 1,700boepd.

    5.5 net wells and 1,500boepd would come to 8,250boepd increase in production. Incremental production growth considered is within 3,000boepd to 4,000boepd.
    Aug 13 06:53 AM | Likes Like |Link to Comment
  • Artek Exploration: 50%-87% Upside Potential With Multiple Catalyst [View article]
    They have reported two wells with initial test of well over 1,000boepd. That has been discussed in the article (CATALYST THREE). There are 5.3 to 5.9 wells for drilling for FY14. If the results are similar for even marginally conservative, the production can be ramped up to better than estimated in the article by exit 2015. However, for conservative estimates, the given production numbers have been considered.
    Aug 13 12:44 AM | Likes Like |Link to Comment
  • Correction A Good Opportunity To Buy Callon Petroleum [View article]
    Thanks for your kind words.

    I hope investors continue to benefit.
    Aug 9 12:16 AM | Likes Like |Link to Comment
  • Gastar Exploration: 30% Correction Is A Buy Opportunity [View article]
    They certainly have some excellent assets, but it might be too early to take a call on the company being No1.

    What I believe is that operational progress needs to be tracked on a quarterly basis and the stock is a hold as long as the company maintains the record they have shows in the last 4-8 quarters.

    I also believe that guidance can potentially surprise on the upside in FY14 and FY15.
    Aug 9 12:15 AM | 1 Like Like |Link to Comment
  • Correction A Good Opportunity To Buy Callon Petroleum [View article]
    The opening today has been good and I believe that the upside is likely to sustain from hereon.

    I would however keep a close eye on the broad market sentiments.
    Aug 8 10:30 AM | Likes Like |Link to Comment
  • Gastar Exploration: 30% Correction Is A Buy Opportunity [View article]
    So Gastar has reported strong results for 2Q14 as expected in the thesis and hopefully the big opening upside is likely to sustain.

    Link to the results...http://bit.ly/1q0PVg2
    Aug 8 10:27 AM | 2 Likes Like |Link to Comment
  • Correction A Good Opportunity To Buy Callon Petroleum [View article]
    Strong Second quarter results. Strong production guidance for 2Q14. Annual guidance revised to 5,250 - 5,350. This implies that annual production can potentially be marginally higher than article assumptions.

    Adjusted EBITDA of $28 million, doubled in 2Q14 as compared to 2Q13. Operating cash flows very robust at $36 million.

    Considering the progress, estimates for FY15 look good to pan-out.
    Aug 7 01:04 AM | 1 Like Like |Link to Comment
  • Mart Resources: It's The Right Time To Buy This African Oil Play [View article]
    The initiative of own pipeline (which is almost complete) is to ensure that pipeline theft is reduced. One the sale of oil to Shell commences through the new pipeline, the stock might not give you time to enter.

    There are political problems in Nigeria for sure, but oil & gas companies are still willing to invest for the potential the region holds. The government is also making positive efforts as it is aware that no oil & gas can kill the economy, which is not doing great.
    Jul 31 02:21 PM | 1 Like Like |Link to Comment
  • Mart Resources: It's The Right Time To Buy This African Oil Play [View article]
    I hope that it will be a portfolio catalyst and I do believe it can. All the Best.
    Jul 31 02:18 PM | 1 Like Like |Link to Comment
  • Mart Resources: It's The Right Time To Buy This African Oil Play [View article]
    Thanks for your comment.

    I certainly believe that the pull back is temporary. As mentioned in another comment, I would give a thumbs-up if the company does not pay dividends for a while and focused entirely on infrastructure and new asset investment.
    Jul 31 09:19 AM | 1 Like Like |Link to Comment
  • Mart Resources: It's The Right Time To Buy This African Oil Play [View article]
    Yes, I do believe that the upside target in the article can become relatively conservative if 2-3 of the catalyst play out relatively soon.

    I am particularly looking forward to commencement of export from the new pipeline and any asset acquisition announcement.
    Jul 31 09:18 AM | Likes Like |Link to Comment
  • Mart Resources: It's The Right Time To Buy This African Oil Play [View article]
    Thanks for your comment.

    Yes, Nigeria offers a challenging environment. That's right. However, Mart might be way too depressed for market participants to grab this share for some strong upside.

    I personally believe that they should not rush into giving dividends. The first priority should be investment in pipelines, other related infrastructure and acquisition of assets for diversification.
    Jul 31 09:15 AM | 1 Like Like |Link to Comment
COMMENTS STATS
45 Comments
24 Likes