"Today, Pan Orient Energy Corp. jumped 15% on excellent results. The company was hit extremely hard lately. It was trading below cash lately, I believe. Even a small piece of positive news will move the stock a lot. Pan Orient just released a new presentation. The new well is looking really good."
(6/17/13)
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Chen Lin,
What Is Chen Buying? What Is Chen Selling?
"In October 2012, Aroway Energy Inc. announced a 526% production increase reaching 146,269 boe compared to 23,351 boe for the same period in 2012. The company also reported revenues of $12,018,074, which was a 1,112% increase from 2011. . .that's amazing production and progression for a company trading around $0.25. . .enough to have me watching this company very closely."
(6/17/13)
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Mike Perinotti, Seeking Alpha
"New Zealand Energy Corp. has finalized acquisition terms for Tariki, Waihapa and Ngaere licenses with Origin Energy. . .the impact is potentially positive. . .the acquisition price has been reduced to $33.5M from $42M and the company will now acquire three licenses instead of four. . .a successful acquisition will increase reserves 303%."
(6/17/13)
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Alan Knowles,
Haywood Securities
"New Zealand Energy Corp. announced a finalized sale and purchase agreement to acquire petroleum mining licenses ('Waihapa blocks') and the Waihapa production station from Origin Energy. . .the Origin assets include estimated 2P reserves of 2.1 MMboe with a before-tax net present value discounted at 10% of $62.9M. . .once the transaction is complete, New Zealand Energy will be able to focus on building is production base by exploiting its newly acquired assets."
(6/17/13)
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Bill Newman,
Mackie Research Capital
"Chesapeake Energy Inc. has been making steady progress in boosting efficiencies by adopting technologies to improve the drilling and production process. . .the focus on liquids will aid margin stability. . .the company's liquids production growth has been quite commendable so far. In Q1/13, oil production grew by around 54% year over year while natural gas liquids production grew by 14%."
(6/17/13)
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Trefis
featured companies
Aroway Energy Inc. (TSX-V:ARW)
Canadian junior oil and gas exploration, acquisition and production company
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Robert J. Moriarty