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Investor Relations 2.0 firm that helps small and micro cap companies build investor audiences through the use of Internet marketing and Social Media. We are looking for undiscovered companies with explosive growth potential in industries of interest. We intend to focus primarily on Internet and... More
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  • OEDV Added to Stocks & Sectors Watch List; Updates on LBAS 0 comments
    Nov 23, 2011 1:44 PM | about stocks: OEDV, SD, CHK, DVN, PQ, LBAS

    The 21st Century Stocks & Sectors page highlights undiscovered micro-cap companies - typically low-priced companies with market caps of 500 million or less in three key sectors we believe are headed for substantial growth over the next decade: (1) Healthcare; (2) Internet and IT; and (3) energy and environmentally clean technology. Micro-cap companies typically lack Wall Street analyst coverage, and are inefficiently priced and/or often thinly trading the proverbial “tree in the forest.”

    ADDITIONS

    We are adding Osage Exploration and Development, Inc (OEDV: OTCBB) to our watch list and have added a landing page for OEDV on our website’s Stocks & Sectors section under Energy.

     

    Osage Exploration and Development, Inc (OEDV: OTCBB) is an independent oil and gas company with operations in the US and South America. The company's current focus is on developing its Horizontal Mississippian block along the Nemaha Ridge in Logan County, Oklahoma, with its partners Slawson Exploration, and U.S. Energy Development Corp.

     

    Located in Oklahoma and Kansas, the Mississippian region is currently one of the hottest regions for oil development activity. The area has a long history of production activity from vertical wells, and has a well-developed infrastructure system to support development. The industry is developing the area using the horizontal drilling that has proven effective in shale plays across North America. 

     

    The region has captured the attention of the industry with a number of big oil players including, SandRidge Energy (NYSE:SD), Chesapeake Energy (NYSE:CHK), Devon Energy (NYSE:DVN) and PetroQuest Energy (NYSE:PQ), and is also acquiring acreage and drilling wells. Sandridge has already been successful drilling over 100 wells at a production cost of less than $10 per barrel.

     

    On May 26, 2011, the Company announced that it had closed a carve-up agreement, whereby Slawson Exploration Company, Inc. and U.S. Energy Development Corporation have acquired 45% and 30% respectively of Osage's Mississippian block project in Oklahoma for gross consideration of $4,875,000.00, with both Slawson and U.S. Energy footing the bill on the first three horizontal Mississippian wells.

     

    Osage announced yesterday that it increased its land position targeting the Mississippian Lime in the Nemaha Ridge project to 20,000 – up from 12,000 net acres.  Osage also announced the commencement of the drilling of its first salt water disposal well on the Company's prospect by Slawson Exploration Company - the Operator and 45% owner of the project.  Osage retains 25% ownership while a third partner, US Energy Development Corporation, owns 30%.

     

    The fact that Osage was able to get Slawson - with a long track record having drilled over 3,500 wells in the US, since 1957, including the red hot Bakken play in North Dakota - to pay more than twice what they paid for their acreage and front production cost indicates a strong probability of financial windfall. On a technical basis, we could be seeing new highs in the near term as we get news from its first well and on future announcements. We would want to see both expanded volume and the stock staying above its 50-day moving average:

     

    Osage's operations in South America include, the Guaduas Field and our interest in the Guaduas-La Dorada pipeline in Colombia. OEDV is partners with Pacific Rubiales Energy - the largest Colombian independent oil and gas company - in both of these ventures. Both projects continue to provide cash flow to Osage.

     

    Updates

    We added Location Based Technologies, Inc (LBAS: OTCBB) to our watch list on August 1, 2011. We did so based on the rationale that the Company was entering its growth phase, following three announcements: 1- that they had an agreement with America Movil for PocketFinder distribution throughout Latin America, 2 - that they entered in a manufacturing relationship with Jabil Circuit, Inc. (NYSE:JBL) for volume production of the PocketFinder® devices, and 3 - that they had completed a $10,000,000 financing with Craig-Hallum Capital Group LLC and Think Equity LLC.

     

    The stock proceeded to run more than 150% in a period of a little more than two weeks, causing us to get nervous. After the stock traded at a more than 400% premium to its 200-day moving average, we got nervous, and correctly predicted that the stock would pull back into the $.27-$.35 .

     

    The Company rollout continues, and last month LBAS announced that the PocketFinder® devices are now available for purchase exclusively at Apple Retail Stores. The also announced that mobile users can now download the company’s iOS 5-compatible PocketFinder® Personal GPS Locators and GPS Vehicle Locator apps for iPhone™, iPad® and iPod® - Touch-free from Apple’s App Store. 

     

    With the recent pull back, and with the stock trading at a slight discount to its 200-day moving average, the current levels may be a much better accumulation point for long-term investors. We have contacted the Company’s management and IR representatives about possibly presenting to our online audience so we can get more color on the Company’s growth plans and guidance for the next few quarters

     

    To get profiles on undiscovered companies before they take off, subscribe now to our free newsletter at http://www.stocksnsectors.com/wp-login.php?action=register

    www.stocksnsectors.com is not registered as a securities broker-dealer or an investment advisor with either the SEC or any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice.

    The company itself or our website - http://www.stocksnsectors.com - make no recommendation that purchases of securities of companies profiled on this website or in this email are suitable or advisable for any person or that an investment in such securities will be profitable.

    For our disclosure and disclaimer details visit: http://www.stocksnsectors.com/disclaimer 

     

     

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