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| DON'T BUY | 0.530 | Jason Donville | Their enhanced oil recovery technology looks pretty good. There has been a massive valuation that this stock has had to grow back into. Revenues are not going to be anywhere close to what is required to make this a good holding. | 2011-10-17 | |
| DON'T BUY | 0.880 | Eric Nuttall | Economics of implementing their technology seem to be quite good. Would not buy it until you see more revenue. | 2010-08-24 | |
| BUY | 2.140 | Peter Imhof | Well stimulation to increase oil production. Seem to be getting quite a bit of traction and expects they will become profitable in the next couple of years. Doesn't have a lot of revenue presently. | 2010-04-30 | |
| Comment | 2.330 | Peter Hodson | Technology to increase reservoir oil production. Recently got a big contract. Now basically is when does the next big contract come in? Technology has proven itself and pays for itself in a very short period of time. | 2010-03-30 | |
| SPECULATIVE BUY | 2.380 | Robert McWhirter | Technology that uses water stimulation for better oil recovery. Rents the equipment out and usually is out for 7 years. 4-month rental pays for the tool. With 150 tools in the ground and working, they end up with a phenomenal revenue stream. Very speculative. | 2010-03-18 | |
| DON'T BUY | 2.410 | Peter Imhof | Well stimulation and have been working with Encana (ECA-T) for the last couple of years. Increase in production and decline rates have come down using this technology. Market cap of $175 million and revenues are only a few million. Too expensive for him. | 2010-02-11 | |
| HOLD | 2.230 | Peter Hodson | Increasing stimulation and getting more oil out of reservoirs. Had some good contracts and the stock has been getting a lot of attention and it could be a big winner as they prove things out. | 2009-11-16 | |
| BUY | 1.010 | Hugh Cleland, CFA | (Market Call Minute.) Just help them with their financing. Likes it. Good potential. | 2007-12-27 |
