Petrobank Energy and Resources (PBG-TSX; $35.97) announced yesterday it was creating a 37,000 bopd Bakken-focused oil producer by merging its Canadian Business Unit (CBU) with TriStar Oil and Gas (TOG-TSX; $11.51) to create a new company, Petrobakken.
The cash and stock transaction gives TriStar a value of $14.75 cash, a...
Investing in oil and gas stocks is actually quite simple, even if you don’t know anything about the energy industry. (My friends in Calgary would say I am living proof of that.)
From my experience in speaking with management teams and reading research reports, I’ve put together a basic information...
Dropping energy prices—for both oil and natural gas—has investors and analysts checking to see what the break-even price is for oil production in each play in North America.
This is a moving target, and it’s going lower all the time.
And I’m going to tell you The Next Phase of increasing...
Apache’s new High Alpine discovery on the SW edges of the Permian Basin is one of the three most important inflection points in the North American energy market in the last decade.
(The other two are the rise of the oily Bakken play in North Dakota and the gassy Marcellus...
Today I bought an oil and gas stock that fits my criteria perfectly - debt free, proven management, and with a recent new oil discovery, enough undeveloped land they could increase production 3-4x over the coming 2-3 years without having to raise money or go into their untapped line...
Part 2: The Permian Basin - Cline Shale Resource Play
In Part 1, I explained how the Permian Basin in Texas was exploding with industry and investor interest—because of all the new tight oil plays being discovered and developed.
And that has me excited about the prospects for one Canadian junior—though...
Two years ago Colombia was the hottest international oil play in the world (for Canadian investors), with big wells creating big valuations and stock runs that left investors hungry for more.
Now, these stocks have not only fallen to earth, they’ve crashed through the floor into the basement—despite good oil...
In Part 1 of our story on Turkey, contributing editor Jen Alic reviewed the country's intriguing onshore and offshore oil potential. Today in Part 2, we'll look at where the Big Prize lies: the Dadas Shale—a huge unconventional shale play—and which Canadian-listed junior producers may be best positioned in this emerging...
