STOCKCHASE

The bloom is off the rose for some of the Colombian producers but this has the potential to go back. This is a good one. Hold on until you get into the $20's and then start lightening up.

2011-12-23

DON'T BUY

16.300

Bill Harris, CFA

The worst time to sell any stock. All the Columbia stories have come off. PMG really throws off a lot of cash. He would want to see bit of a base.

2011-12-13

BUY

22.500

Had a pretty good last quarter. Valuation is much better and you could wade in and be relatively safe. Downside would be fairly modest at this point but considerable upside.

2011-11-15

Comment

19.990

Michael Decter

Slow down is a combination of several factors. 1) Slowdown in the market after it had a huge run up with people taking profits. 2.) Oil prices have come off. 3.) Heavy oil producer creating some concern. 4.) In Colombia that has a bit of political turmoil. Solid company with a big future ahead of it.

2011-10-03

PAST TOP PICK

28.540

Jeff Parent B. Eng. FCSI

(A Top Pick June 9/10. Up 13.07%.) Sold his holdings at $34.44.

2011-07-04

PAST TOP PICK

34.960

Hap (Robert) Sneddon FCSI

(A Top Pick March 30/10. Up 4.72%.)

2011-04-26

Comment

37.680

Bill Harris, CFA

Petrobank Energy (PBG-T) recently spun out their shares. Oil price is getting at the high end of his comfort range. Success they’ve had in drilling comes with high declines. Have an incredible drilling inventory in front of them but stock price is high and if anything goes wrong the stock price will collapse. Not a value investment anymore.

2011-01-24

DON'T BUY

32.170

Bill Harris, CFA

Pretty expensive right now and going through a high decline rate period. You should wait and see how production settles down.

2010-12-16

DON'T BUY

25.530

Jeff Parent B. Eng. FCSI

Doesn’t like owning it. Has very short term rallies.

2010-10-08

DON'T BUY

24.750

Eric Nuttall

Management is quite good, especially on the technical side. Concern that he has is the base decline on their production. They generate a lot of cash flow.

2010-08-24

BUY on WEAKNESS

26.080

Good upward trend from early 2009 followed by a drop earlier this year. Pretty good support around $23 with some resistance at around $34. Try to buy at the support level.

2010-08-18

DON'T BUY

29.120

David Cockfield

A little concerned that numbers haven't been that great recently. Good dividend. Would prefer Pacific Rubiales (PRE-T).

2010-08-06

Comment

30.000

Market is not rewarding companies that are doing well because of what might happen in the future. This company has done nothing but create great, great results and beat expectations but the stock is not doing much. Stock price will go up $10-$15 in a good market.

2010-07-22

TOP PICK

25.250

Jeff Parent B. Eng. FCSI

Oil and gas player in Columbia. Spin off from Petrobank. This stock took off way to high and started to come back. We just came back to the trend line. $32 is going to be the next resistance level. At $22 he would get out also.

2010-06-09

BUY

26.600

(Market Call Minute.) Has done brilliantly in Columbia.

2010-05-27

BUY

33.320

David Burrows

(Market Call Minute.) Likes it because there are big opportunities with the drill bit. Had some fabulous results in the recent couple of weeks.

2010-03-31

TOP PICK

34.100

A true growth company. Average 4th quarter daily production from oil in Colombia was 22,000 and is currently 55,000. Their wells are so prolific that they are unhooking pipelines from old wells that are not producing enough. Great management. Will ultimately sell the company.

2010-03-30

BUY

19.960

Reasonable growth ahead of it. Could be a takeout candidate.

2010-01-22

Comment

17.210

Laura Lau

Thinly traded because Petrobank (PBG-T) owns the majority of shares. Performing very well but most of the catalysts are out of it.

2009-11-18

PAST TOP PICK

16.000

Laura Lau

(A Top Pick Aug 14/09. Up 34.68%.) A Colombia player that will be very active over the next year. Still a Buy.

2009-10-13

BUY

14.820

Alexander Lane, B Comm, C

Of all the Colombian oil/gas plays, this has probably the most potential upside in terms of its drilling inventory. This would be a Buy and Hold.

2009-09-28

TOP PICK

11.850

Laura Lau

Have an active drilling program going forward. Very cheap at less than 3X debt adjusted cash flow. Have had a lot of success drilling in Colombia.

2009-08-14

BUY

11.850

Glenn MacNeill, P.Eng.

Colombia and Peru have some of the best royalty regimes in the world right now. Some good capital gains to be had out of growing production and this company has indicated it will do so. High margins and high economic values.

2009-05-20

BUY

12.540

A Columbia subsidiary of Petrobank (PBG-T) and is one of his favourites in Western Canada. Good political changes and reforms. Have enormous prospects in an enormous amount of land.

2008-07-23

BUY

17.720

Alex Ruus

(Market Call Minute.) Colombia is one of the most attractive regimes for oil/gas and they have lots of reserves there.

2008-02-04

Comment

20.220

Alex Ruus

Prefers Petrobank Energy (PBG-T), which has 77% ownership in this company.

2007-12-13

BUY

19.900

Prefers its parent, Petrobank (PBG-T) more. Very rich oil territory in Colombia.

2007-12-12

HOLD

18.710

Petrobank (PBG-T) owns 60% or 70% of the stock. Extremely rich oil finds in Colombia.

2007-11-27

Comment

19.510

Alex Ruus

Owns Petrobank (PBG-T), which has 77% of this company. Likes it going forward. Hasn’t looked at it for a few months and there has been a fair amount of value added to it, so not sure if it is fully priced or not.

2007-11-05

BUY

18.200

Great oil reserves in Colombia.

2007-10-31

BUY

18.700

In Colombia. Have a management and geological team that just keeps hitting well after well. Have a fabulous asset. He owns Petrobank (PBG-T), which owns a majority stake.

2007-10-15

SELL

17.270

Adam Thomas

Have been in Colombia for quite some time and have had pretty significant discoveries in the Llanos Basin. Stock has been running lately because they are drilling the Corcel 2 well, which should be down probably in the next 2, 3 weeks. Getting expensive at these levels and he would suggest you take some profits.

2007-10-05

DON'T BUY

11.300

Veronika Hirsch

Nice exploration play that has done well. Has had a huge run and would probably not buy at this point.

2007-08-01

PAST TOP PICK

3.020

(A Top Pick Oct 19/06. Down 28.1%.) Suffering from the Latin American left-wing blues. Also had a poor showing from one of their drillings. In very rich territory.

2007-02-22

TOP PICK

4.240