SUNDAY EDITION

March 29th, 2015

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Oil Market Update
Clive Maund  Mar 29  

Still Another Update on Oil
Ferdinand E. Banks  Mar 24  

Oil Market Update
Clive Maund  Feb 24  

A Daily Energy Economics Dozen
Ferdinand E. Banks  Feb 18  

Low Oil Prices Are an Act of Economic Warfare: Veteran Investor Bob Moriarty
The Energy Report  Feb 13  

»» more editorials in the archives

market data


Ux U3O8 Price (Uranium)Mar 23rd, 2015
$39.50 +$0.25 www.uxc.com

»View Commitment of Traders.

expert analysis & newsletter briefs

Fission Uranium Corp.

"Fission Uranium Corp. announced assays from its first drill hole on the R600W zone just three weeks after discovery and scintillometer results. The assays have confirmed that this certainly is a new discovery and potential game changer for the company, with strong mineralization intersected, including a very high-grade core, all of which are above average grade of the Triple R deposit (greater than 1.5% U3O8)." (3/25/15) - David Talbot, Dundee Capital Markets

Pan Orient Energy Corp.

"Pan Orient Energy Corp. released the results of an independent reserve evaluation for its Thailand reserves, effective Dec. 31, 2014. . .Proven and Probable (2P) reserves of 1.2MMbbl gross. . .after-tax net present value (10% discount) of CA$33.1M. . .on Feb. 2, 2015, the company closed the sale of 50% of its interest in block L53/48 concession, which contains its Thailand reserves, for cash proceeds of $42.5M. Taking this into account, Pan Orient has estimated remaining 2P reserves of 583,000 bbl with an after-tax net present value (10%) of CA$17M or CA$0.29 per share. . .the company's stock trades below its cash value." (3/25/15) - Bill Newman, Mackie Research Capital

Pan Orient Energy Corp.

"Pan Orient Energy Corp. released the results of an independent reserve evaluation for its Thailand reserves, effective Dec. 31, 2014. . .Proven and Probable (2P) reserves of 1.2MMbbl gross. . .after-tax net present value (10% discount) of CA$33.1M. . .on Feb. 2, 2015, the company closed the sale of 50% of its interest in block L53/48 concession, which contains its Thailand reserves, for cash proceeds of $42.5M. Taking this into account, Pan Orient has estimated remaining 2P reserves of 583,000 bbl with an after-tax net present value (10%) of CA$17M or CA$0.29 per share. . .the company's stock trades below its cash value." (3/25/15) - Bill Newman, Mackie Research Capital

Rock Energy Inc.

"Rock Energy Corp.'s H1/15 capital expenditure program ensured successful completion of the water/polymer flood enhanced oil recovery scheme. Polymer injection began on Mar. 11, 2015, and Rock has received the approvals necessary to trigger the 1% royalty holiday effective Apr. 1, 2015. . .the activation of the polymer flood should provide investors with confidence that the capital spent in 2014 now activates the royalty holiday going forward." (3/20/15) - Thomas Matthews, Alta Corp Capital

Rock Energy Inc.

"In 2014 Rock Energy Inc. drilled a total of 75 wells. . .for an average success rate of 92%. Thus far in Q1/15, the company has successfully drilled three horizontal wells at Mantario and three horizontal Viking wells at Onward. . .polymer injection commenced at Mantario on Mar. 11, 2015. . .effective Apr. 1, 2015, Rock Energy will receive the Saskatchewan enhanced oil recovery royalty (EOR) treatment of 1% until project payout and 10% thereafter. . .Rock Energy will focus on spending the minimum amount of capital to ensure the maximum recovery, lowest decline and the receipt of the EOR royalty incentive at Mantario." (3/20/15) - David Ricciardi, Mackie Research Capital


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from the publisher
  Robert J. Moriarty

Welcome to 321energy.



The Energy Report

Phil Flynn
http://www.pricegroup.com/
pflynn&pricegroup.com


The Energy Report Friday March 27, 2015

No Nukes?

One of the next critical issues for oil will be whether or not the world will lift sanctions on the Iranian regime. The reason it is so critical is that while Iran has been thwarted from selling its oil, once the sanctions are lifted the market has been pricing in a quick return of Iranian oil to the global market. Yet the deal may never pass mustard in the U.S. Congress as it seems the deal with Iran will allow them to keep some nukes.

In an exclusive AP report it seems that the U.S. is considering allowing Iran to "run hundreds of centrifuges at a once-secret, fortified underground bunker in exchange for limits on centrifuge work and research and development at other sites."

They AP says the "trade-off would allow Iran to run several hundred of the devices at its Fordo facility, (you remember Fordo, the secret site that did not exist) although the Iranians would not be allowed to do work that could lead to an atomic bomb and the site would be subject to international inspections." (That international inspection thing seemed to work ok in Iraq, didn't it?)

The AP says then "In return, Iran would be required to scale back the number of centrifuges it runs at its Natanz facility and accept other restrictions on nuclear-related work. Instead of uranium, which can be enriched to be the fissile core of a nuclear weapon, any centrifuges permitted at Fordo would be fed elements such as zinc, xenon or germanium for separating out isotopes used in medicine, industry or science, the officials said. The number of centrifuges would not be enough to produce the amount of uranium needed to produce a weapon within a year - the minimum time-frame that Washington and its negotiating partners demand."

Yet some "experts say the compromise for Fordo could still be problematic. They note it would allow Iran to keep intact technology that could be quickly repurposed for uranium enrichment at a sensitive facility that the U.S. and its allies originally wanted stripped of all such machines - centrifuges that can spin uranium gas into uses ranging from reactor fuel to weapons-grade material."

Saudi Arabia and other Arab Gulf allies cannot be happy with that arrangement as they continue to pond targets in Yemen. Talk of Saudi and Egyptian ground troops to take away the threat from the Iranian backed Houthi rebels that caused the President of Yemen to flee to Saudi Arabia. Egypt part of the Coalition said that they would send in ground troops along with Saudi Arabia which caused renewed strength late in the session.

Oil pulled back at one point due to the Genscape Cushing report. The firm reported that Storage at the Cushing Oklahoma facility hit 60,284,768 Million Barrels up 2,324,758 barrels from St. Patrick's Day.

Gas prices will be on the rise! Go Fill Up Early! Check me out on the Fox Business Network! You can now follow me on Twitter@energyphilflynn. You can also like me on Facebook. If you have any questions or if you want to get my wildly popular trade levels call me at (888-264-5665) or Email pflynn@pricegroup.com. If you want to start trading apply by hitting this link https://newaccount.admis.com/?office=269.

There is a substantial risk of loss in trading futures and options.

Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

Phil is one of the world's leading energy market analysts, providing individual investors, professional traders and institutions with up-to-the-minute investment and risk management insight into global petroleum, gasoline and energy markets. Phil's market commentary, fundamental and technical analysis, and long-term forecasts are sought by industry executives, investors and media worldwide.

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Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. Alaron Trading Corp. its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

Contact Phil at 800-935-6487 or pflynn&pricegroup.com.



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March 29th, 2015

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