The first two purchases for the newsletter, Rock Energy (RE-TSX) and Petrobank Energy (PBG-TSX) each announced their first quarter (Q1) results in the last week.  Both met or exceeded expectations, as oil prices were better than expected through March.  Both companies simply continued doing what they have done the...

Rock Energy (RE-TSX) is one of the few oil-weighted juniors on the TSX (60% oil).  Most of it is heavy oil, which gets a discount to regular crude in world markets.  But that discount has narrowed dramatically as production cutbacks around the world have reduced supply. While they do have...

The recent buyout of Reece Energy (RXR-TSX) by PennWest is a good example of the issues facing junior producers of oil AND gas right now. Reece had great exploration success, started slow, built up production and showed they were good operators as well as explorationists...kept their share structure clean, were...