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Verenex Energy Inc.
Symbol: VNX-T
Active: N
Sector: oil/gas
Last Price: 7.290
Last Price Date: 2009-12-23 22:10:04
Globe 200 day average

Experts who have talked about Verenex Energy Inc.

PAST TOP PICK7.290Peter Hodson(A Top Pick Feb 12/09. Down 8.42%.) Acquired and he sold out on the first bid of $10 so had a gain of 25.6%.2010-02-04
DON'T BUY6.700Peter HodsonLibyan government has said they want first right of refusal and they'll take the asset but not at the price they want. Good asset but the government has shown they're going to mess it up.2009-08-06
SELL6.600Robert McWhirterIn the bottom 15% of his database. Made $0.04 last year but expected to lose $0.14 in 2009 and lose $0.15 in 2010.2009-06-22
TOP PICK7.960Peter HodsonTakeover candidate. 2 publicly reported companies are interested in this company. It's a matter of what price a company will pay and if the Board of Directors will accept the price. He is looking for a price between $10 and $13. Have a NAV in the $14-$15 range and potentially 2 billion barrels. In Libya but he is not concerned about that.2009-02-12
TOP PICK8.100Michael DecterVermillion Energy (VET.UN-T) owns 40%+. Have been exploring in Libya successfully. Have over 100,000 barrels of oil behind pipe. Expect it will be a takeover. Some serious bidders involved. You can play this through Verenex or through Vermillion Energy.2008-09-23
PAST TOP PICK9.450Michael Decter(A Top Pick Feb 26/07. Down 2.1%.) Drilling for oil in Libya. Brought in 3 wonderful wells so far. 3-year leases and won’t be producing right away, but will continue drilling. A screaming bargain at this level.2007-11-12
TOP PICK16.100Michael Decter45% owned by Vermilion Energy (VET.UN-T). Drilling in Libya. Drilled 2 wells so far. 1st one flowed 10,000 BOE a day and the 2nd flowed 20,000.2007-07-31
TOP PICK9.700Michael DecterDrilling oil wells in Libya. To like this one, you have to believe that Kadhafi has decided that it's better to be part of the world than not. Early results of drilling are promising.2007-02-26

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