Rss Top Picks FeedRss Daily Feed| Click Here to receive daily reports of the TOP PICKS OR your personal stock choices | STOCKCHASEWhat the experts are saying! |
| There are 5 registered members and 58 guests viewing the site. | Follow us on Twitter | Rss Top Picks Feed | Rss Daily Feed |
|
| Comment | 43.500 | Michael Smedley | Was a great winner years back when it became a 10% player in Reliance of India’s offshore fields. Has expanded into Indonesia. Executives pay themselves brilliantly. A bit of an awkward one for him. | 2011-12-13 | |
| Comment | 53.740 | Jim Huang | Claim to fame was their oil play in India. Diversified into a big exploration portfolio in Indonesia and Kurdistan. If they hit something, it could bring a lot of upside to them. Looking at this one very closely. | 2011-11-14 | |
| Comment | 57.250 | Laura Lau | Quite a bit of noise surrounding D6 in India. There is a price dispute from Reliance, the operator, who wants higher gas prices. Has sold some holdings to BP and the Indian government is delaying processing. Drilling in Trinidad now and we'll have to see how that goes. Drilling in Kurdistan did not go well. Just announced a drilling contract in Indonesia, which would be the big upside for them. Very high risk. | 2011-11-08 | |
| Comment | 54.830 | Michael Smedley | Went down with the markets and oil stocks at large. Have a huge gas relationship with Reliance in India. Pay themselves very large amounts of money. Very well-managed. Could very well come through with some big discoveries but needs a kick in the pants. | 2011-10-31 | |
| DON'T BUY | 53.000 | John O'Connell, CFA | Was under investigation. Has a large resource. Wouldn't by any at this time. | 2011-09-07 | |
| WAIT | 55.740 | Ross Healy | Even that oils are badly savaged, he would not be surprised if we got a rebound in oil stocks generally. But give the expectation of a weakened economy, it wouldn’t surprise him if we had some weakness in oil prices. Don’t bound in too quickly if buying or averaging down. | 2011-08-31 | |
| SELL | 63.670 | Laura Lau | There could still be some weakness in the stock. NAV is about $40. We'll find out how the Kurdistan well has done in about a month. The big exploration program won't be on till 2012 when they drill in Indonesia. | 2011-07-05 | |
| WAIT | 72.700 | Bill Harris, CFA | Successful Canadian company on a global basis. Have discovered some of the biggest finds going. Stock has come off and he is looking at hit actively. His only problem is that in Europe and Russia, Nat Gas sells as a ratio to Oil, rather than market price. | 2011-06-09 | |
| PAST TOP PICK | 75.350 | Joseph Schachter | (A Top Pick Feb 22/11. Down 11.44%.) In negotiations with the Indian government for higher gas prices. Meanwhile stopped all exploration. Involved in a lot of drilling and you could get good news any day. | 2011-05-10 | |
| WAIT | 74.510 | Mason Granger | Quite a few unknowns with respect to the gas price negotiations with the Indian Government and their partner Reliance Industries. Drilling some really big elephant frontier type exploration prospects. | 2011-05-04 | |
| HOLD | 82.610 | Peter Hodson | Great company over the past decade. Great gas discovery in India and great cash flow. Thinking of increasing their interest in some other projects and may need $700-$800 million of debt financing. Has very clean balance sheet and investors are concerned about adding debt and capitalizing on the new development. Also their partner Reliance Industries has gone to war with the Indian government. | 2011-04-26 | |
| HOLD | 80.570 | Bill Harris, CFA | A company that is this good, he could never get it cheap enough. They just seem to be able to keep hitting these massive finds. | 2011-04-18 | |
| TOP PICK | 86.520 | Joseph Schachter | (A Top Pick Feb 22/11. Up 2.85%.) India and Indonesia. Have a lot of high impact exploration. Billions of barrels of potential to be drilled up in the next 18 months. | 2011-04-14 | |
| BUY | 92.020 | Andrew McCreath | Operating numbers in India have been disappointing as of late. Indonesian upside is potentially huge. There are a lot of catalysts on a go forward basis. | 2011-03-30 | |
| WAIT | 82.000 | Veronika Hirsch | Have some fantastic drilling prospects but there is no major drilling going on this year. Didn’t make production. Wouldn’t Hold for the next 6 months but would consider Buying towards the end of this year. | 2011-03-02 | |
| HOLD | 82.600 | Joanne A. Hruska, CFA | Gas producer in India. Just had great news that BP (BP-N) was buying into their joint venture. This should add some expertise in the offshore and gas marketing. | 2011-02-25 | |
| TOP PICK | 84.180 | Joseph Schachter | (A Top Pick Oct 20/09. Down 7.67%.) Big success in India and BP is farming in on their partner Reliance Industries. Also have a massive land spread in Indonesia with high impact drilling, big boy territory. Cash that is coming ion from their success in India is being used with their technology. $150 target. | 2011-02-22 | |
| BUY | 77.190 | Martin Hubbes, CFA | Took a major dip last week, but not sure why. Long term the stock has a very interesting opportunity. Have to find more gas off the Indian coast for the stock to move forward but the probability is pretty good. Have a strong partner in Reliance Energy. | 2011-02-15 | |
| HOLD | 81.750 | Laura Lau | Production at D6 in India has had some reservoir issues so the stock has fallen. Also has a been a drilling delay on D4 because of their partner Reliance. | 2011-02-09 | |
|
| |||||
| TOP PICK | 98.500 | John Stephenson | Offshore India. Reliance Energy is a partner. Gets a fixed price of $4.20 for its gas and there is reasonable expectation that will go up. Largest biggest landholder in Indonesia and are partnering with Exxon (XOM-N) to develop these fields, which could potentially add on as much as $40-$50 a share If Indonesia pans out alone. | 2011-01-17 | |
| HOLD | 98.000 | Michael Smedley | He has held for a long, long time. He would of thought it would have done more on the upside by now. There must be some reason for it, but he has heard nothing about it. There is nothing wrong with it. | 2011-01-07 | |
| BUY | 104.210 | Michael Decter | Have a lot of news coming on some of their big fields. Elephant hunters but prudent enough to have some good cash flow to support their hunting for big pools. Main prospects are in deep water in India and Indonesia regions. | 2010-12-31 | |
| BUY | 100.000 | Andrew McCreath | Very expensive on current numbers, production and prospects however, they have massive elephant prospects. Balance sheet is fine and they have a good track record at finding elephants. A Buy and Hold. | 2010-10-15 | |
| DON'T BUY | 98.820 | Jeff Parent B. Eng. FCSI | Lost a lot of momentum so far this year. Might want to buy for 1 or two weeks. Break out level is $110. Right now it is range bound. | 2010-10-08 | |
| BUY | 105.010 | Michael Decter | Have some big elephants they are drilling so if they hit on some of them, they could go up another 20%-25%. | 2010-10-04 | |
| HOLD | 101.320 | Peter Brieger | Drilling for natural gas in India and offshore Bangladesh. This part of the world badly needs energy. | 2010-09-21 | |
| Comment | 103.250 | Michael Decter | Looking for the right entry point and will be buying. Would prefer it in the $90-$100 range but will take it in this range. | 2010-08-26 | |
| Comment | 105.490 | Michael Decter | Had been hoping it would take a dip and he would get it in the low $90's. Likes what they are doing. Elephant hunting and have a good chance and delivering. Have enough cash flow to keep them alive. Thinks it will be a long-term, big success story. | 2010-08-16 | |
| BUY on WEAKNESS | 104.750 | Michael Decter | Right at the top of his Watch list as there are a lot of good catalysts for it. Would like to get it a little lower. Great exposure to some elephant plays in Asia. | 2010-07-19 | |
| BUY | 100.350 | Veronika Hirsch | Has been a fantastic story and exploration potential is still very good. Seems that international stocks want to do better than the Canadian story. Expects there is more to come. | 2010-07-15 | |
| BUY | 106.410 | David Burrows | (Market Call Minute.) Likes gas and this is one you could take a look at. | 2010-06-21 | |
| BUY | 103.460 | Jennifer Stevenson | Scares off retail investors because of price ($103). International play. Current big play is from India. Barely scratched the surface on drilling. Going forward she thinks they will have success. | 2010-02-16 | |
| TOP PICK | 98.950 | Greg A. Taylor, CFA, BBA | Very good explorer. Has a partnership with Reliance Energy in India on the D-6 block, a massive field. Should start to generate about $7 in earnings next year in free cash flow. | 2010-02-09 | |
| HOLD | 107.500 | John Stephenson | Internationally focused in offshore India. Also building a pretty big reserve base in Indonesia. A little stretched at this level. | 2010-01-22 | |
| TOP PICK | 90.560 | Joseph Schachter | There are a number of things they are going to drill on the upside. The big upside is that they are the operator of the play in Kurdistan. There will be a lot of cash flow coming out of India that they can then go and drill 7 or 8 high impact plays. If there is any success, then this stock goes higher. | 2009-10-20 | |
| SPECULATIVE BUY | 74.990 | Bruce Campbell | An international oil play. Stands out a little for the high risk play. It is statistically cheap, is exposed to higher prices. There is a little more room for increase in the short term and then there are more projects for the long term. | 2009-09-15 | |
| PAST TOP PICK | 72.910 | Joseph Schachter | (A Top Pick July 25/08. Down 8.73%.) The D6 play in offshore India is on. Ramping up of the volumes will occur between now and the end of the year. Have a fixed contract for gas at $4.20. Look for an entry point anywhere below $70. (Doesn't own but has other relations with the firm.) | 2009-08-21 | |
| BUY | 73.350 | Andrew McCreath | They have had disappointments in a couple of their explorations. Raise lots of money in 08 and starting to spend that money in Iraq and Indonesia. Won’t know for 12 months if any of those initiatives are worthwhile. Too early to judge. He likes it. Would be along term holder. | 2009-08-18 | |
| BUY | 77.920 | John Stephenson | This is one of the juniors that you can play. Active in India and D6 is starting to produce for them. | 2009-07-24 | |
|
| |||||
| BUY | 78.650 | Veronika Hirsch | Oil/gas in India. Great exploration assets. It is expected to continue to outperform. | 2009-07-17 | |
| PAST TOP PICK | 77.950 | Jennifer Stevenson | (A Top Pick June 19/08. Down 22.66%.) The catalyst for this was to get D6 into production, which has now happened. | 2009-06-01 | |
| TOP PICK | 62.190 | Joseph Schachter | Ramp up of production announced a while ago. Good price, sheltered from tax. Already working in projects in other countries. Major risk of getting project on line is over. Buy after a correction in oil prices. | 2009-05-01 | |
| PAST TOP PICK | 62.190 | Joseph Schachter | (Top Pick Apr 4/08 Down 25.44%) Is still a top pick. | 2009-05-01 | |
| TOP PICK | 63.000 | Joseph Schachter | (A Top Pick April 4/08. Down 22.4%.) Have a fabulous discovery on the east coast of India. Have brought it into production. D6 is going to ramp up to 300-400 million a day. Will be generating $400-$500 million of free cash flow. Have upside exploration potential in Madagascar, Pakistan, Kurdistan and Indonesia in 2010. | 2009-04-06 | |
| BUY | 45.040 | John Stephenson | (Market Call Minute.) D6, which is their offshore block for India is really starting to come on line. | 2009-03-06 | |
| Comment | 49.260 | Charles Oliver, HBSc CFA | Have a huge land package in India. Solid balance sheet. Have a lot of cash and a lot of cash flow. He is looking at this one. | 2009-01-08 | |
| SHORT | 47.250 | Ken McCord | There are a lot other energy names out there. You need to go to quality and great trading characteristics in this market. The better names are the big integrated oils right now. He would go to Suncor (SU-T), Husky (HSE-T), Imperial Oil (IMO-T) or Petro Canada (PCA-T) right now. | 2008-12-04 | |
| HOLD | 47.840 | Veronika Hirsch | (Market Call Minute.) Has great assets. | 2008-11-21 | |
| PAST TOP PICK | 50.340 | Joseph Schachter | (A Top Pick Sept 11/07. Down 43%.) Just reported and production was lower than he thought. Thought they would be ramping up the oil production 2 quarters ago but has been delayed to the end of the year. Very cheap at these levels. | 2008-11-14 | |
| TOP PICK | 65.100 | Joseph Schachter | Offshore India. Had a very big discovery with Reliant Energy (RRI-N). Ramping up their oil play from 4000 BOE's to about 40,000 over the next few months. Later this year they will bring on the gas of about 2.8 BCF growth, 280 million net to this company. Will also be drilling high impact plays offshore East Coast India. | 2008-09-25 | |
| PAST TOP PICK | 76.900 | Joseph Schachter | (A Top Pick Sept 11/07. Down 14%.) Very excited about their D6 coming on stream. Production will increase 4X and revenues will come 4X. | 2008-08-26 | |
| BUY | 76.900 | Joseph Schachter | In the next month or so they will be bringing on 4X their current production with Reliant Energy (RRI-N). Likes the upside that they still have on their natural gas exploration in India. Also offshore potential in Pakistan. Great portfolio of high impact plays. | 2008-08-26 | |
| TOP PICK | 80.500 | Joseph Schachter | Offshore East Coast India. Starting to ramp up production in September/October for the natural gas, which will quadruple their production. Going to go from 80 million a day to over 250 million in the next couple of quarters. Will also be bringing on an oil play and also doing some oil exploration. | 2008-07-25 | |
| TOP PICK | 99.390 | Jennifer Stevenson | Have a few near-term catalysts. Focused in India. Coming up near term will be the new reserve report due next week. Also D6 block comes on production very shortly and when it hits full production in 6 or 8 months, it will double India's natural gas production. | 2008-06-19 | |
| BUY | 93.980 | Joseph Schachter | Will probably quadruple production in July and August. D6 is coming on stream. Oil play will be on in July. Large ramp up in natural gas. | 2008-06-05 | |
| BUY | 94.000 | Glenn MacNeill, P.Eng. | (Market Call Minute.) Great gas production coming on in India and Bangladesh. | 2008-05-16 | |
| BUY | 85.510 | Gavin Graham | Offshore India gas fields. Good growth prospects and is a counterbalance to some of the Canadian stocks. | 2008-04-09 | |
| TOP PICK | 83.210 | Joseph Schachter | East/West coasts of India. Joint venture with Reliance Industries on the east coast will be bringing on a gross 40,000 BOE's a day (4,000 to them) of oil at the end of Q2. At the end of Q3, they will be bringing on 2.8 BCF a day of gas, of which 280 million a day is theirs. Continuing to drill. | 2008-04-04 | |
| BUY | 82.310 | Peter Hodson | Done some good things in India, went to Bangladesh and have now added some licenses in Pakistan. They are growing their assets, their cash flow is going to kick in very strongly over the next year or so. They have a great geological team. They've been slow and steady, no mistakes. | 2008-03-17 | |
|
| |||||
| BUY | 85.820 | Peter Hodson | Growing their assets, their cash flow is going to kick in over the next few years. Great company. | 2008-03-17 | |
| BUY | 88.250 | Joseph Schachter | Natural gas on India's east coast. Doing about 80 million a day and will be ramping it up to 280 when the D6 project comes on. Will gross 2.8 BCF a day and they have 10%. Real upside starts at the end of the 2nd quarter. Will also be bringing on oil at 40,000 BOE's a day and they have 10%. More exploration to be done in this area. Also got a deal in Pakistan. | 2008-03-07 | |
| TOP PICK | 82.830 | Joseph Schachter | Involved with Reliance Industries to bring on a play D-6 that will ramp up to 50,000 barrels a day and then will bring on about 2.5/2.6 of gas. When that comes on, it will be over 400 million a day equivalent and generating over $11 of cash flow. Use any weakness to Buy. | 2008-01-24 | |
| BUY | 84.680 | Joseph Schachter | In March/April they start bringing on the oil production in D6. Then in July/Aug they start bringing on the big natural gas pump up. Season going from 87 million a day to 400 million a day by March 09. | 2007-12-19 | |
| BUY | 88.290 | Michael Smedley | Main assets are in India. Expecting it to stay as a $100 stock. There could be more weakness where you could buy it. | 2007-12-12 | |
| PAST TOP PICK | 97.450 | Chyanne Fickes | (A Top Pick Nov 6/06. Up 39.9%.) Own a block in the Indian Sea and are currently negotiating the gas price. Could get a good price of $4.20 BTU. Starting new drilling in which they have 100% interest. Still a Buy. | 2007-10-01 | |
| TOP PICK | 90.590 | Joseph Schachter | (A Top Pick Sept 29/06. Up 35.7%.) D6, located offshore East Coast India has been a big success. Will bring on the oil portion in March. Gas will come on July-August increasing production 4X today's. | 2007-09-11 | |
| TOP PICK | 82.500 | Joseph Schachter | In the last month, with the bad monsoon season, plus the poor stock market, the stock has been hit hard. Likes that they are part of a project with Reliance, the largest company in India, on the east coast of India. We'll be coming on production next year with 2.4 billion ft.³ a day. Largest natural gas project anywhere in the world. | 2007-08-17 | |
| TOP PICK | 95.490 | Chyanne Fickes | Have had some excellent results in terms of exploration. The more holes they drill and the more success they have, the higher the value of the company becomes. | 2007-08-02 | |
| PAST TOP PICK | 94.950 | Veronika Hirsch | (A Top Pick Aug 29/06. Up 50.7%.) Still likes. Have made announcements on further acquisition of land for expiration. | 2007-08-01 | |
| TOP PICK | 98.580 | Chyanne Fickes | (A Top Pick July 4/06. Up 55.6%.) Every time they drill in the D6 block the NAV goes up. Expect at some time this will be a takeout. | 2007-07-05 | |
| BUY | 94.550 | David Burrows | It's a more aggressive international name. In a bull market, the first stock to double is likely to be the first stock to double again. Always go to the strength, don't chase the laggards. This is a stock that has performed well against a tough sector, so these are the stocks you want to focus on. | 2007-05-16 | |
| PAST TOP PICK | 85.000 | Veronika Hirsch | (A Top Pick Aug 29/06. Up 35.6%.) There are rumours that it could be a takeover. Still likes. | 2007-04-18 | |
| TOP PICK | 84.750 | Chyanne Fickes | (A Top Pick Nov 6/06. Up 22.3%.) A classic takeout play. Have asset rich gas prospecting plays in India. | 2007-04-17 | |
| TOP PICK | 79.500 | Chyanne Fickes | (A Top Pick July 4/06. Up 25.7%.) Indian gas play with enormous potential. India is starving for energy. D6 play will be coming into production in about 6 months. Will eventually be a takeout. Trading at a very deep discount to its NAV. | 2007-03-12 | |
| Comment | 82.680 | Brian Acker, CA | There are no earnings on this one as yet, so it is difficult for him to make an assessment. His model price is $11.47. | 2007-03-09 | |
| SELL | 85.890 | Peter Brieger | A terrific story. Mainly natural gas offshore India. Had some difficulties off of Bangladesh. Once the further reserves have been proved up, he is concerned as to how much the governments will allow them to keep. Would recommend taking profits. | 2007-02-19 | |
| BUY | 85.890 | Peter Hodson | Every day that goes by is a day closer when they get the big cash flow out of India. Well managed. All set for their next drilling program. | 2007-02-19 | |
| PAST TOP PICK | 89.000 | Veronika Hirsch | (A Top Pick Aug 29/06. Up 41%.) Have had some fantastic finds and there is also the possibility that it will be acquired. | 2007-02-07 | |
| TOP PICK | 89.850 | Chyanne Fickes | (A Top Pick Oct 2/06. Up 33.4%.) Have great assets in India and great potential. An obvious takeout candidate for an Indian company. | 2007-02-06 | |
|
| |||||
| BUY | 87.610 | Brendan Kyne | Have an enormous oil/gas project off the west coast of India. Will continue to rapidly expand its production profile. An acquisition candidate. | 2007-01-29 | |
| TOP PICK | 80.900 | Chyanne Fickes | (A Top Pick July 4/06. Up 27.9%.) 2 very big plays in India with big potential. Will probably need some financing at some point. Will probably be taken out at some point. | 2006-12-18 | |
| BUY | 76.510 | Peter Hodson | Likes the company. The B6 well is getting bigger and better. Getting closer to cash flow. In three years, they will be awash in cash flow. | 2006-11-20 | |
| TOP PICK | 69.480 | Chyanne Fickes | India is a very safe place to be. Has natural gas, which India definitely needs. As a partnership with Reliant and they would be an obvious choice as a buyer. | 2006-11-06 | |
| TOP PICK | 66.850 | Chyanne Fickes | Up 20% over the past year.They have a great asset plan. It was a past pick as well. She has owned for a couple of years. Over $70 she trades it, under $60, she buys it. (Doesn't own presently). | 2006-10-02 | |
| TOP PICK | 66.500 | Joseph Schachter | He does not own this stock but he is looking to buy. Company has had a massive discovery with partner Alliance. Three deep rigs off shore. Predicts a $80.00 target. | 2006-09-29 | |
| PAST TOP PICK | 63.240 | Chyanne Fickes | (A Top Pick July4/06. No change.) Feels the company will be taken out in the next 2 years. Feels quite comfortable with India on geopolitical terms. Would continue to buy. | 2006-08-31 | |
| TOP PICK | 62.940 | Veronika Hirsch | (A Top Pick Jun 1/06. Down 9.8%.) Picked it as a takeover target. No exposure to the volatility of oil/gas as their prices are locked in. | 2006-08-29 | |
| BUY | 59.110 | Michael Smedley | Huge finds. Also fond oil in addition to their gas. It will continue to prosper and will probably get taken out. | 2006-08-24 | |
| BUY | 64.390 | Fred Pynn | A bet on their continuation of continuing to discover very large natural gas formations in India and Bangladesh. Management historically has done a great job. Could be a takeout. | 2006-07-26 | |
| BUY | 63.050 | Glenn MacNeill, P.Eng. | Its main assets are gas reserves in Bangladesh and India. Expect their will be an ever increasing market. | 2006-07-19 | |
| TOP PICK | 63.250 | Chyanne Fickes | An Indian/Bangladesh gas play. Recently had a discovery that doubled their probable reserves. Could quadruple their production in the next couple of years. Probably a take-out target at some point. | 2006-07-04 | |
| HOLD | 59.990 | Michael Smedley | Outlook for them is very strong. The stock has done extremely well during the downturn of the market. Quite high for the short-term. Probably a takeout eventually. | 2006-06-22 | |
| BUY | 65.950 | Peter Hodson | There are still rumours that they have discovered oil beneath the gas. Good company, with a great management team. Good long-term. Slow and steady. When they start hitting cash flow, that's when the stock will go up. | 2006-06-06 | |
| TOP PICK | 65.380 | Veronika Hirsch | (A Top Pick Feb 16/06. Up 33%.) Believes that this company will probably be taken over. | 2006-06-01 | |
| BUY | 64.920 | Peter Hodson | There are rumours that they have found 500 million barrels of oil under the gas. Good company. | 2006-04-20 | |
| BUY on WEAKNESS | 58.410 | Joseph Schachter | Likes the story a lot. In the 4th quarter, they are getting 2 deep rigs to chase down the opportunities in the deeper sections of those waters. Buy in the low $50’s. | 2006-04-12 | |
| BUY | 60.500 | Shauna Sexsmith | Has some fabulous resource plays. LNG is not a big issue as they can supply directly to the local markets of India and Bangladesh. Expect it will get taken out at some point. | 2006-03-28 | |
| BUY | 59.000 | Peter Hodson | Not expecting any takeover. Have had some great gas discoveries and possibly some oil as well. Good management team and great assets. Very good long-term hold. | 2006-03-27 | |
| Comment | 58.580 | Ross Healy | Niko's fair market value is $30.00. It is trading 5 times the book value. Does not seem to be an interesting company to be taken over. | 2006-03-16 | |
|
| |||||
| TOP PICK | 50.200 | Veronika Hirsch | Sticking her neck out on this one. They have a couple of disputes in Bangladesh which has resulted in lower production. Growing their production nicely, but they overpromise and underdeliver and the market punishes them for that. She hopes that the price they get for their Indian production will be good and that they get taken over at higher than $50. | 2006-02-16 |
