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Reliable Energy
Symbol: REL-X (Dead)
Active: N
Sector: oil/gas
Notes:Acquired by Crescent Point
Last Price: 0.345
Last Price Date: 2012-05-04 01:15:00
Globe 200 day average


SELL	0.340	Michael Decter	Take over price was $0.35. Crescent point already owns a good chunk of it. He would take the money on the takeover bid.	2012-03-19

Comment	0.465	Dennis Da Silva	Oil exploration/production in south east Saskatchewan. Crescent Point (CPG-T) owns about 20% and is a strategic partner as they pursue the Bakken oil play. Still early days. Still needs to see another year of drilling. 2011 is a critical period for it.	2011-04-25

BUY	0.465	Joanne A. Hruska, CFA	Small cap higher risk story. Had potential to extend their Saskatchewan Bakken play east and had some early success there. Will also be coming out with some more information on the Alberta Bakken play, which is a hot play moving into Montana. Good catalysts.	2011-02-25

BUY	0.380	James Hodgins	Bakken is a growing resource and Crescent Point (CPG-T) has been a serial acquirer of juniors in this area and holds a large amount of Reliable shares. Very attractive land packages and will grow production significantly over the next 6-12 months so could be an acquisition target.	2010-10-07