| VAGUE | 2.490 | Joseph Schachter | Being bought by Enterra (ENT.UN-T). Feels that Enterra's proven reserves might be under 7 years and he needs more than that in his holdings. If you are an E&P player, sell and look for other companies. If you are a trust player, check what the proven reserves are. | 2005-06-20 | |
| SELL | 2.150 | Glenn MacNeill, P.Eng. | Being bought by Enterra Energy Corp (ENT.UN-T). If you own High Point would sell as it is a fairly favourable price for it. | 2005-06-07 | |
| WAIT | 2.130 | Brendan Kyne | Being bought by Enterra Energy (ENT.UN-T). Feels the deal will be beneficial to shareholders, but not a big fan of Enterra as they had a very, very short reserve life. If you own, take the cash. | 2005-05-31 | |
| HOLD | 1.530 | Joseph Schachter | Has $50 million debt level on the books which is a bit higher than he likes. Should do cash flow this year of about $35 million. Thinking about selling some non-core assets, but don't want to unless they can replace it with new production. Have some very high impact drilling going on right now, which, if successful, will probably look to sell something in Q3/Q4. | 2005-05-06 | |
| HOLD | 1.520 | Joseph Schachter | Stock has been languishing. They were trying to drill 8 wells in Duso(?) in Alberta. Because of the weather, they only got 6 done. Their production in Q1 was about the same in Q4 of 3,100 BOE's a day. They have quite a bit behind pipe which will be coming on in April so they will be about 4,000 BOE's a day which will be 1,000 BOE's coming on. Likes the story. Feels they have the ability to exit at 4,300/4,500 a day. Reserve Life Index of 8.2 years. Waiting for the stats. | 2005-03-23 | |
| BUY | 1.870 | Joseph Schachter | Has 2 key assets, one is a winter access only in northern B.C. and the other in Alberta. Did 2,100 BOE's a day in 2003 exited at 2,700. Expects them to do 3,385, exiting at 4,500 in 2004. Also drilling a high impact which is not in the stock. | 2004-11-08 | |
| BUY | 1.600 | Glenn MacNeill, P.Eng. | Have been disappointed througout the beginning of the year. Had a production limitation problem at one of its facilities which was overreacted to by the market. Solvable. | 2004-08-25 | |
| BUY | 1.620 | Peter Linder | Was a top pick about a year ago. Did all right initially but the share price dropped. A very good story when the juniors are totally out of favor. Have a very active summer program. Very cheap. Will probably be acquired/trust by the end of the year. | 2004-08-19 | |
| DON'T BUY | 1.750 | David Cockfield | Seems to have dropped off the radar screen. The summertime is a difficult time in the northeast part of British Columbia. Expect it will be quiet for a few months. | 2004-07-26 | |
| HOLD | 2.000 | Peter Hodson | Stock is down 20% on the year. The street doesn't like the Company. They have to tie in some wells to get production. Debt level may be a little high. | 2004-04-08 | |
| BUY | 2.100 | Joseph Schachter | A great team. Has significant upside value. | 2004-04-02 | |
| BUY | 2.350 | David Cockfield | Have 7 development locations and 3 exploration locations. Have year round access to their properties. | 2004-03-05 | |
| BUY | 2.250 | Peter Hodson | A great, well managed company. Tying in another thousand barrels shortly which probably won't affect the price, but will raise the floor in that the cash flow picks up speed and downside risk decreases. A long-term hold. | 2004-03-02 | |
| BUY | 2.140 | David Cockfield | Good properties and good pipeline penetration. Have year-round access. | 2004-02-18 | |
| WEAK BUY | 2.400 | David Cockfield | Winter gas drilling program. Have had good results in the past. Not a bad spec | 2004-01-29 | |
| BUY | 1.750 | Glenn MacNeill, P.Eng. | Well-managed. Have grown production very well. | 2003-11-24 | |
| TOP PICK | 1.720 | Peter Linder | Primarily a winter drilling company and cold weather is on its way. Drilling about a dozen expensive wells in Northern B.C. Have a good asset base in Central Alberta. Possible take-over candidate. | 2003-11-20 | |
| BUY | 1.660 | Joseph Schachter | Big fans of this company. | 2003-11-05 | |
| TOP PICK | 1.830 | Peter Linder | 90% weighted natural gas. Excellent management team. Looking at close to $.50 cash flow per share next year. Production is growing by 20/25% each quarter. | 2003-10-17 | |
| BUY | 1.800 | Glenn MacNeill, P.Eng. | A high risk/high reward situation.You might want to have a piece of it, but don't load up your portfolio. | 2003-08-21 | |
| STRONG BUY | 1.590 | Peter Linder | Has a lot of properties to drill which has an 80% success rate. Have a good play with Olympia. Good management. | 2003-07-08 | |
| WEAK BUY | 1.580 | Glenn MacNeill, P.Eng. | Has good growth potential. Fairly valued now. | 2003-05-01 | |
Experts that have talked about High Point Resources
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