STOCKCHASE

Has run back up nicely. Thinks it will get close or at the highs of last spring of $16-$18. Well-managed. Pretty widely dispersed so you are not banking on just one area. Great growth coming.

2012-02-06

HOLD

11.950

Dennis Da Silva

Did another acquisitions and not as great a start. Good oil leverage. He added when it was in the single digits. It’s early days but not a bad play to have with its strong asset base and size. They can stomach a few bad wells. Doesn’t think he would add to it at this point.

2012-01-24

TOP PICK

11.950

Un-booked reserves plus upside. Balance sheet concerns are over blown.

2012-01-24

HOLD

11.800

Michael Smedley

You could take half out if you are holding too much, but the people are good. Has been clawing back since October. Continue to hold it.

2012-01-10

PAST TOP PICK

10.500

(A Top Pick Nov 12/10. down 13.05%.) Had a really wet environment in the 2nd quarter. Now you can start to see production growth coming through. Still buying.

2011-12-07

BUY

10.380

Jeff Parent B. Eng. FCSI

Has been in a downward channel and is finally showing some movement by breaking out. There have been 4 days of rather significant of both price and volume perspective. Short term target would be $12 by the spring but if it falls back, you have to get out at $9.50.

2011-12-02

STRONG BUY

9.170

Was almost a Top Pick. Feels it is the most attractive oil/gas investment in North America. At $100 oil, it is 2 P (proven plus probable barrels), which is what they have already discovered and is worth $10.25. Stock is trading at a 10% discount to that. Very cheap on current production. FV of $15.

2011-11-30

BUY

9.140

Favorite mid-cap oily producer in western Canada. Has rebounded lately. They had a wet second quarter and got behind on production. Production is going to be 30-40% over next couple of years. Great entry point if you have some patience.

2011-10-26

Comment

9.460

Jason Donville

His issue with anything in the oil/gas industry at this stage, he wants to get a yield. His favourite company would be one like Freehold Royalties (FRU-T) that has a 10% yield. If oil pops back up to $100, this one could go up 50%-70% but he prefers to have a sure thing.

2011-10-17

TOP PICK

9.230

NAV of proven reserves is about $8 and trading at about 1.1X that. Delineating several plays in the next couple of months that have significant upside, including Alberta Bakken, Spearfish and Turner Valley.

2011-10-13

DON'T BUY

8.590

Likes the name. Few miss-steps but in general a good name and people are well disposed to it. In a normal you should feel comfortable buying it but given that you could walk into a SU and it is cheap too and is a large cap and senior he would prefer that.

2011-09-28

TOP PICK

10.370

Joanne A. Hruska, CFA

Oil company that used to be a darling. People chose to sell off oil. Aggressive management team – increased production. Trading at less than pier group, but used to trade at a premium. People are going to want to buy oil for the long term. Thinks it will eventually be taken over.

2011-09-12

BUY

10.370

Robert Lauzon

Stock got a bit head of itself earlier in the year. Hasn’t looked back. Has been off quite harsh this year. More oil waited. Has started to add to. Now that it has corrected, it is a good buy.

2011-09-12

DON'T BUY

10.140

Robert McWhirter

In the bottom 15% of his database. Cash flow growth is modest at 11%-12%. Forecasted at 36% next year giving a 4X price to cash flow. Prefers Coastal Energy (CEN-T).

2011-08-26

TOP PICK

9.990

PP is $9 so you get all of their unbooked upside for free. 5 very high impact plays. 3 positive well results in Dakota with more to come. Huge exposure to Alberta Bakken and Turner Valley and others. $14 in the next 6 months.

2011-08-16

HOLD

11.330

Delivered descent production over time. He would continue to hold. Thinks it will have another run at some point.

2011-07-18

TOP PICK

11.390

Fastest growing oily western Canadian company. Stock has been weak. Will be 1000 barrels light for the second quarter only. All rigs are back running now. Tremendous opportunity. You can buy it at a discount multiple.

2011-07-12

PAST TOP PICK

13.030

(Top Pick Jun 28/10, Up 10.89%) His favourite intermediate. It pulled back with the oil stocks. Feels it will go a lot higher when oil stocks get going again.

2011-06-07

BUY

12.840

Mason Granger

Price is getting a lot more interesting down here. Management has a great track record and street credibility. Did about 10 acquisitions since they started and about 5,000 barrels a day of organic production. You get exposure to the Bakken through a partnership as well as a play in North Eats B.C., which could be pretty big for them. (See Arcan (ARN-X) in Top picks.)

2011-05-04

BUY

13.990

All the oil and gas names have had a pull back. This is a buying opportunity.

2011-04-20

STRONG BUY

13.690

A gift at the current share price. One of the best light oil management teams in the business. Their assets are really under appreciated. Pretty large block was put up yesterday, so he bought more. A $17-$18 price target would be really fair.

2011-04-13

STRONG BUY

14.690

Loves this stock and its management team. Has been buying it. Was almost a top pick tonight. Drilling success is always quite high. It’s going a lot higher.

2011-04-05

PARTIAL SELL

14.920

Good name but doesn’t see an immediate catalyst in the short term. If you own, consider taking a little bit off the table.

2011-01-17

BUY

14.130

Management team is phenomenal. Great suite of development and exploration assets. Pretty exciting plays. Great way to gain leverage to an increase in oil price.

2010-12-14

TOP PICK

12.100

Management has done a tremendous job when a couple quarters ago did 22 on 22 on oil wells. Made a couple of acquisitions that they’re starting to prove up on drilling and numbers are quite good. Analysts are $15 to $18 on it.

2010-11-12

BUY

12.290

(Market Call Minute.) Great management. Good assets. Oil weighted.

2010-10-27

BUY

11.300

Just acquired Bronco Energy (BCF-T). His favourite oily intermediate story. Had some drilling delays in the 2nd quarter because of wet weather in Saskatchewan. Highly successful in fracing, horizontal oil wells. Looking for 30%-40%-50% gains in a year’s time.

2010-10-06

Comment

10.830

Don Short

Very good company. Well managed. Assembled a number of different assets that all have oil exposure. Well recognized as a good company so trades at a high price.

2010-09-22

DON'T BUY

10.800

Robert Lauzon

(Market Call Minute.) Likes the company but the valuation is a little bit high. There are others that look cheaper.

2010-09-13

PAST TOP PICK

11.620

(A Top Pick Aug 6/09. Up 11.89%.) Has a great play. $1,500 billion Market Cap right now and it looks pretty good.

2010-07-22

TOP PICK

11.750

Oily Bakken and Cardium play. Smaller growth company at a cheaper valuation. Drilled 22 oil wells last quarter and were 22 for 22.

2010-06-28

BUY

13.360

Management came in and has done nothing but exceed guidance since then. One of his favourite oil/gas names. Great name.

2010-03-30

TOP PICK

13.100

Veronika Hirsch

Drilling in the Bakken area but also looking in several other areas. Exposure to light oil gives them huge netbacks creating a lot of cash they can deploy into exploration. Likes management. On a 3 year view you can buy now but for a short-term view, wait for a pullback.

2010-03-26

BUY on WEAKNESS

12.650

Strong CEO. Have been buying property in the Bakkens. Very interesting play northeast BC, which is not being given much value. Very good balance sheet. Good oil leverage. Would like to get it at around $12.

2010-03-24

BUY

12.610

Jason Donville

Management are superb operators. Not a screaming buy but a long-term investor can do fine.

2010-03-23

HOLD

9.890

Mason Granger

Has some top shelf management.

2010-01-05

BUY

9.700

Glenn MacNeill, P.Eng.

Mainly oil. Management has good track records. Production is about 100 barrels a day.

2009-12-07

Comment

9.700

Just did a reverse 1 for 6 split that pushed the stock price up. Management has a good track record with other companies. Has a lot of Bakken plays to drill.

2009-12-07

SELL

1.600

Laura Lau

Has a 6 for 1 reversal coming. Great management team but they have to grow into their multiple right now. Expensive.

2009-11-18

BUY

1.610

(Market Call Minute.) Loves the management team. Just put together their company. Give them some time.

2009-11-16

DON'T BUY

1.720

Mason Granger

Recapitalization stock and you are prepaying for a lot of upside that management hasn't delivered so you have to have confidence in the management team. This is a good management team but stock is too expensive.

2009-11-03

Comment

1.680

Jeff Parent B. Eng. FCSI

Stock has undergone a major change with a big jump in July and has now entered into new territory so it is difficult to analyze technically. Forming a base around $1.70 and he doesn't think much is going to happen with the stock. You could buy but don't hesitate to exit at about $1.50.

2009-10-07

BUY

1.730

Robert Lauzon

Re-capitalized and brought in a new management team. Will always garner a premium valuation because of the management team's history. Good exploration and will be able to make acquisitions. Not a cheap stock but you buy for the management.

2009-10-05

BUY

1.740

Laura Lau

Oil weighted. Consolidating their shares on a 6:1 basis but you can buy now. Expensive but has a premier management team.

2009-09-30

BUY

1.770

Andrew McCreath

Converting the B shares to A. Buy now or wait? Really likes the management. If you buy don't do it as a Trade. You are buying management so give them a couple of years to accrete more value.

2009-09-28

TOP PICK

1.760

Jennifer Stevenson

You are paying for the management team on this stock. These guys are experts in oil. Brought production from 525 bpd up to 4000 through acquisitions.

2009-09-22

BUY on WEAKNESS

1.700

Joanne A. Hruska, CFA

New management team acquired a number of small private companies and assets so she ended up with some of their stock. Still thinks it's a little bit rich but likes where they are going with it.

2009-09-14

DON'T BUY

2.000

Laura Lau

Re-capitalization by a very successful management team, which has had a good track record in the past. Feels the stock is a little ahead of itself right now. Trying to consolidate Saskatchewan players in the Bakken fields. Doesn't see it as a takeover target as it wants to take over others.

2009-08-14

TOP PICK

2.050