"Mart Resources Inc. is a good mid-cap name that pays a dividend. It is producing oil in Nigeria. It has experienced significant pipeline losses due to a lot of theft: Its current pipeline is in a swampy area that is difficult to monitor for theft. But in August, the company plans to switch pipelines. Using the new Royal Dutch Shell pipeline will allow Mart to avoid high pipeline losses while increasing production. Importantly, Mart has some wells under development that are not producing at the moment, but that will be tied into the new pipeline when they come on line. . .Mart has access to Shell's new pipeline. Once it starts flowing product through that pipeline, its net production should increase materially. Mart has very aggressive plans for increasing production in the near term. Most of Mart's wells are verticals, which produce 2–3 Mbbl/d, but it has drilled a horizontal well that should produce significantly more than the vertical wells, and increase its overall production. The results on the new horizontal well will be released in the near term."
(7/24/14)
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The Energy Report Interview with Steve Palmer
"Mart Resources Inc. is a good mid-cap name that pays a dividend. It is producing oil in Nigeria. It has experienced significant pipeline losses due to a lot of theft: Its current pipeline is in a swampy area that is difficult to monitor for theft. But in August, the company plans to switch pipelines. Using the new Royal Dutch Shell pipeline will allow Mart to avoid high pipeline losses while increasing production. Importantly, Mart has some wells under development that are not producing at the moment, but that will be tied into the new pipeline when they come on line. . .Mart has access to Shell's new pipeline. Once it starts flowing product through that pipeline, its net production should increase materially. Mart has very aggressive plans for increasing production in the near term. Most of Mart's wells are verticals, which produce 2–3 Mbbl/d, but it has drilled a horizontal well that should produce significantly more than the vertical wells, and increase its overall production. The results on the new horizontal well will be released in the near term."
(7/24/14)
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The Energy Report Interview with Steve Palmer
"In a recent interview with The Energy Report, I highlighted one of my favorite companies in the energy sector, Enterprise Group Inc. . .the company is one way to play this booming oil and gas space, which may take North America to energy independence by 2015. . .big money is investing in Enterprise, as the company has raised over $27M for acquisitions."
(7/23/14)
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Jeb Handwerger,
Gold Stock Trades
"On July 21, Fission Uranium Corp. announced assay results from eight holes drilled at its wholly owned Patterson Lake South property. . .six of eight holes returned substantial high-grade assays."
(7/22/14)
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David Kratochvil,
Euro Pacific Canada
"We continue to rate Enterprise Group Inc. a Buy. . .a combination of tuck-in acquisitions to complement the organic build of existing subsidiaries, expected synergies and cross-selling beginning with the consolidation of E One and 2015E liquefied natural gas upside supports our positive outlook on the company."
(7/22/14)
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Steven Salz,
M Partners
Pan Orient Energy (TSX-V:CAN)
Canadian junior oil and natural gas company based in Calgary, Alberta.
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Quantum Energy (QEGY.PK:OTC)
Development stage publicly traded diversified holding company with an emphasis in oil field development trading
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Super Nova Minerals Corp. (SNP:CNSX, OTC:SNOVF)
Oil & gas exploration company focused on developing the Millford Bakken property
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Robert J. Moriarty