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| TOP PICK | 12.890 | Robert McWhirter | One of the top 2 oil producers in Egypt. Most of their activity is in Egypt. Their Yemen activity is fairly quiet. 5X price earnings multiple is based on 2012 cash flow and is expected to grow almost 50% this year, 25% next year and production could double over the next 3 to 5 years. | 2012-04-18 | |
| TOP PICK | 12.890 | Robert McWhirter | One of the top 2 oil producers in Egypt. Most of their activity is in Egypt. Their Yemen activity is fairly quiet. 5X price earnings multiple is based on 2012 cash flow and is expected to grow almost 50% this year, 25% next year and production could double over the next 3 to 5 years. | 2012-04-18 | |
| DON'T BUY | 8.370 | Eric Nuttall | Have 2 assets, Yemen and Egypt. This has affected the stock price. In the field, there operations have not been impacted but he would write the assets as zero. | 2011-11-30 | |
| TOP PICK | 12.000 | Laura Lau | Market is shying away from this one because it is in Egypt. There have been no disruptions and they are being well treated by the government. Will be able to grow 40% every year. Have been able to make very good acquisitions because other companies are leaving Egypt. | 2011-07-05 | |
| WAIT | 6.190 | Fred Pynn | Calgary based with a focus in Yemen. Has done a great job of building production. Last couple of months, they've had some disappointments with some exploratory wells. The past growth is likely to slow down. Not particularily expensive, but will probably have to wait for some good news on their exploration. | 2005-11-30 | |
| HOLD | 7.610 | Joseph Schachter | Involved in Yemen and the southern part of Egypt. Management has done quite a good job and is on his list to spend some time with. | 2005-09-26 | |
| BUY | 6.780 | Peter Hodson | Their operations in Yemen are starting to look pretty good. They are building a nice resource. Doesn't own, but is watching it pretty closely. It will take 6 months to a year to develop what they've got. | 2005-05-10 | |
| BUY | 8.110 | Jean-Francois Tardif | An international oil/gas play. Very successful explorations. | 2005-03-18 | |
| STRONG BUY | 8.650 | Michael Smedley | Bought last week at 9. Thinks there is a big future there.(speculative) | 2005-03-09 |
