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| HOLD | 0.630 | Joseph Schachter | Have 2 discoveries, one in Italy and one in the North Sea. Just had a management change. An interesting story and the size of the prizes are material. The question is, when will they get down to a deal on production sharing. They also have to get money to drill. | 2007-01-23 | |
| HOLD | 0.560 | Joseph Schachter | Partnered with Sterling (SLG-X) in Romania where they hit a dry well. Also have onshore in Italy, which is a very attractive asset. Waiting for them to get a program with their partner and drill. Interesting assets, but execution has been the issue. | 2006-11-15 | |
| HOLD | 0.700 | Joseph Schachter | The execution is not there. He is disappointed . The company is partnering with Stirling in Romania. This could wake the stock up. | 2006-09-29 | |
| BUY | 0.620 | Joseph Schachter | Can't get a hold of management. If he cannot get to management in 48 hours, he won't cover them, but he likes the story. Good suite of assets. Could go materially higher. | 2005-09-26 | |
| HOLD | 1.170 | Joseph Schachter | Has done very well in the last few months. Has a number of properties in Italy, the Carpathians and other areas where they're drilling for natiural gas. Have had some success there. A 40% partner with Sterling Resources (SLG-X) in Romania. The plays are very exciting. Prefers the larger partner Sterling because of their UK action. | 2005-03-23 |