| BUY | | Oilexco Inc | OIL-T | 3.030 | The last well that they drilled tested 3 1/2 thousand barrels. Indications from the company is that they can have 30 to 40 million barrels in the one area. Very volatile, but worth a buy. | 2004-08-05 | |
| TOP PICK | | Niko Resources | NKO-T | 37.450 | Exposed to huge gas reserves on the East Coast of India where demand for energy is extremely strong. Good price. | 2004-08-05 | |
| WEAK BUY | | Canadian Superior Energy Inc | SNG-T | 1.980 | Had some problems on the East Coast of Canada. Have attractive acreage and potential but at the moment, there is new management and this might be a buying opportunity. | 2004-08-05 | |
| BUY | | Encana Corp | ECA-T | 56.420 | Doesn't feel oil/gas stocks are reflecting the true price of oil. Likes their focus on North American gas. Have been very aggressive. | 2004-08-05 | |
| TOP PICK | | First Calgary Petroleums | FCP-T | 11.490 | Although it doesn't have any production at the moment, it has had an incredibly successful drilling program. | 2004-08-05 | |
| DON'T BUY | | Connacher Oil and Gas | CLL-T | 0.390 | Drilling results at the beginning of the year were poor. The production forecasts were too high. Also accumulated a fair amount of debt. | 2004-08-05 | |
| BUY | | Gentry Resources Ltd | GNY-T | 2.200 | Does not cover the stock. They have been growing production. Stock has been flat for the first half of the year but is beginning to pick up. Has expanded into a full cycle exploration company and have several successful areas. | 2004-08-05 | |
| TOP PICK | | Dynamic Oil and Gas | DOL-T | 5.000 | Gas focused. In a prolific area in eastern British Columbia. Constructing a 30 million a day gas plant of which they will have 50%. | 2004-08-05 | |
| BUY | | Western Oil Sands Inc. | WTO-T | 33.110 | Likes the oil sands for the long term. Good management. | 2004-08-05 | |
| WAIT | | Canadian Superior Energy Inc | SNG-T | 1.570 | East Coast well had disappointing results. Has some exciting leases off Trinidad which will probably be focused on more. | 2004-04-26 | |
| BUY | | Niko Resources | NKO-T | 38.000 | A terrific story. They have a portfolio of tremendous opportunities. Besides their Indian properties they also have Bangladesh. | 2004-04-26 | |
| TOP PICK | | Centurion Energy International | CUX-T | 3.150 | Good management. The drilling program of 23 wells over the next 1 1/2 years is driving this stock. The risk/reward is compelling. | 2004-04-26 | |
| BUY | | Pan Ocean Energy Corp Ltd (B) | POC.B-T | 12.150 | Recently announced a good looking discovery off West Africa and their production is growing. | 2004-04-26 | |
| HOLD | | First Calgary Petroleums | FCP-T | 9.440 | Has no production. Operates in Algeria. Has gone up because of expectations of good news in the first two weeks of May. May be too late to get in on the action. | 2004-04-26 | |
| BUY | | Antrim Energy | AEN-T | 1.000 | Have just announced that they have hired a rig and will drill their Western Australia offshore properties. A good speculation. | 2004-04-26 | |
| TOP PICK | | DynaMotive Energy Systems Corpo | DYMTF-Q2 | 0.580 | Just got a contract to produce Bio oil from waste biomass. Has the process that can convert 100 tons of dry sawdust to 70 tons of Bio oil. | 2004-04-26 | |
| BUY | | True Energy Inc | TUI-T | 1.720 | Been growing very rapidly. Not a lot of upside. Continue drilling. | 2004-01-28 | |
| BUY | | Gentry Resources Ltd | GNY-T | 2.140 | HAs begun to reflect its potential. Some upside. Good bet | 2004-01-28 | |
| TOP PICK | | Oilexco Inc | OIL-T | 2.700 | Found oil. Up to 70 million barrels. Up to $15-16 per share on NAV basis | 2004-01-28 | |
| WEAK BUY | | A Comment -- General Comments From an Expert | A Commentary | 8.300 | Very bullish. Like its leverage. | 2004-01-28 | |
| WEAK BUY | | Dynamic Oil and Gas | DOL-T | 5.100 | 40-50 million barrels. Bought out their partner. Looking for partner to go with them | 2004-01-28 | |
| TOP PICK | | Niko Resources | NKO-T | 32.700 | Buy now, and be infront of the wave. Has huge reserves. Stock will move higher. | 2004-01-28 | |
| TOP PICK | | Purcell Energy | PEL-T | 2.700 | Hugely undervalues on price to cash flow basis. Disappointed in the past. | 2004-01-28 | |
| WEAK BUY | | Compton Petroleum | CMT-T | 6.730 | Could be called large cap. Significant production. Increasing their gas. | 2004-01-28 | |
| TOP PICK | | Niko Resources | NKO-T | 30.700 | Has been given approval for two gas fields by Bangladesh. Have an exploration block that’s in the middle of these two gas fields. A lot of upside potential. | 2003-10-27 | |
| WAIT | | Antrim Energy | AEN-T | 1.100 | The next big upside will come from prospects off the coast of Northwest Australia. Had a dry hole in a high potential well in Tunisia. Wait for announcements on potential drilling dates. Have strong prospects. | 2003-10-27 | |
| BUY | | First Calgary Petroleums | FCP-T | 4.720 | Just completed a successful financing for $40 million, which puts them into a strong negotiating position. Look for run-up in the stock closed at two the drilling date. | 2003-10-27 | |
| TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 7.070 | Thinks it's on the verge of turning itself around. Has suffered from slow production growth. Expecting daily production to increase from 7200 barrels of oil to 9000 next year. 78% leveraged to gas. Has long reserve life. | 2003-10-27 | |
| WAIT | | Nexen Inc | NXY-T | 36.730 | Growing production. A major player in the coal bed methane plays in Alberta. There are others more compelling at this time. | 2003-10-27 | |
| TOP PICK | | Hydrogenics Corp | HYG-T | 7.610 | This is one of the concept stocks you should hold in an energy portfolio towards the future. | 2003-10-27 | |
| DON'T BUY | | Suncor Energy Inc | SU-T | 26.920 | Product is denominated in US dollars. This will affect their cash flow. | 2003-10-27 | |
| BUY | | Dynamic Oil and Gas | DOL-T | 5.400 | Has great exploration potential. | 2003-09-22 | |
| BUY | | Encana Corp | ECA-T | 48.200 | Has a lot of good properties including one of the biggest oil discoveries in the last 10 years in the North Sea. A must-have stock. | 2003-09-22 | |
| BUY | | Centurion Energy International | CUX-T | 1.760 | With Continental Europe importing a laudable oil, this would be a good time to buy. Has had a pretty big run. | 2003-09-22 | |
| BUY | | First Calgary Petroleums | FCP-T | 4.370 | Has done very well. As continued to prove up its reserves on one of its blocks In Algeria. | 2003-09-22 | |
| TOP PICK | | True Energy Inc | TUI-T | 1.180 | Have very little debt. An exciting exploration program. 3500 barrels a day. Thought of as a heavy oil company, but is actually 60% gas. Trading at low multiples. | 2003-09-22 | |
| BUY | | Compton Petroleum | CMT-T | 5.710 | Could be a takeover. Significant reserves. | 2003-05-14 | |
| BUY | | Clean Power Income Fund | CLE.UN-T | 9.250 | 10% yield. Stable credit rating. Generates profits. | 2003-05-14 | |
| BUY | | Trans Canada Corp | TRP-T | 23.120 | Steady income. Making good acquisitions for future interests. Good long term hold. | 2003-05-14 | |
| BUY | | Acclaim Energy Trust | AE.UN-T | 4.160 | Fast growing. Weighted to gas. Distribution is currently about 16% and tax exempt for 2003. | 2003-05-14 | |
| BUY | | First Calgary Petroleums | FCP-T | 2.480 | They have a significant gas find. May take 6 months to get shipping arranged. | 2003-05-14 | |
| HOLD | | Southwestern Resources | SWG-T | 8.500 | Took a beating on gold grading samples. | 2003-05-14 | |
| TOP PICK | | Niko Resources | NKO-T | 26.670 | Keeps coming out with really exciting news on gas finds. | 2003-05-14 | |
| TOP PICK | | Gentry Resources Ltd | GNY-T | 1.390 | Steady but unspectacular growth. Large gas discovery held up by objections which he expects will be cleared up in July or August. A good price. | 2003-05-14 | |
| TOP PICK | | Tusk Energy | TSK-T | 3.270 | Has grown production. Making an acquisition of Sunfire. | 2003-05-14 | |
| BUY | | Niko Resources | NKO-T | 24.000 | Was a top pick and still likes. Political problems have been overstated. Has excellent properties. | 2003-03-27 | |
| BUY | | Hydrogenics Corp | HYG-T | 6.030 | Just made a new, good acquisition, but will not be profitable until 2006. | 2003-03-27 | |
| BUY | | Precision Drilling | PD-T | 48.790 | Sees a good future for it. High oil prices should encourage oil companies to drill more. | 2003-03-27 | |
| HOLD | | Compton Petroleum | CMT-T | 4.900 | Frustrated by their inability to getting their gas reserves into production. Good management. | 2003-03-27 | |
| TOP PICK | | First Calgary Petroleums | FCP-T | 2.830 | Just came through with a large gas find and future reserves look very strong. | 2003-03-27 | |
| TOP PICK | | Dynamic Oil and Gas | DOL-T | 3.990 | Undervalued. Low operation costs with significant production. New play in B.C. | 2003-03-27 | |
| BUY | | Acclaim Energy Trust | AE.UN-T | 3.990 | Made 2 major acquisitions which will be good long term. Good yield. | 2003-01-08 | |
| BUY | | Canadian Natural Rsrcs | CNQ-T | 46.600 | In a very volatile period. Undervalued. | 2003-01-08 | |
| BUY | | Trans Canada Corp | TRP-T | 22.340 | Should continue to benefit from high gas prices. | 2003-01-08 | |
| BUY | | Talisman Energy | TLM-T | 55.280 | Expects Sudan deal will go through. A good price. | 2003-01-08 | |
| BUY | | Canadian Superior Energy Inc | SNG-T | 1.550 | Good properties on the east coast. Some risks re exploration. | 2003-01-08 | |
| BUY | | Antrim Energy | AEN-T | 1.250 | Speculative. Major prospects on global drilling. | 2003-01-08 | |
| BUY | | Compton Petroleum | CMT-T | 4.850 | Production hasn't grown as fast as expected. They have two strong plays south of Calgary, but facilities arelimited in the area. The stock should go higher. | 2003-01-08 | |
| BUY on WEAKNESS | | Canadian Oil Sands Trust | COS.UN-T | 37.400 | A good trust. Long reserve life. After 2007 this trust should generate huge revenues. When oil prices drop, this stock price will also drop and this would be the time to buy. | 2003-01-08 | |
| PAST TOP PICK | | Dynamic Oil and Gas | DOL-T | 3.500 | (Was a top pick on Oct 8. Up 64.7%.) Still likes. Have an interest in a good gas play in B.C. | 2003-01-08 | |
| PAST TOP PICK | | Gentry Resources Ltd | GNY-T | 1.400 | (Was a top pick on Oct 8. Up 5.5%.) Still likes. Expect increased production in 1st quarter. | 2003-01-08 | |
| TOP PICK | | Niko Resources | NKO-T | 25.460 | Has discovered big reserves in India and sees a major growth story. | 2003-01-08 | |
| TOP PICK | | First Calgary Petroleums | FCP-T | 2.430 | Has good production in Algeria. | 2003-01-08 | |
| TOP PICK | | Southwestern Resources | SWG-T | 14.300 | Has a good opportunity to become one of the biggest mineral discoveries in the last decade. | 2003-01-08 | |
| WEAK BUY | | Suncor Energy Inc | SU-T | 24.000 | Working on getting production costs down. Higher gas prices makes this difficult. | 2003-01-08 | |
| BUY | | Acclaim Energy Trust | AE.UN-T | 3.750 | Takeover of Elk Point should be very good. | 2002-12-04 | |
| BUY | | Encana Corp | ECA-T | 43.550 | Likes their gas exposure. | 2002-12-04 | |
| BUY | | Canadian Natural Rsrcs | CNQ-T | 42.500 | Trades at low multiples. | 2002-12-04 | |
| BUY | | Western Oil Sands Inc. | WTO-T | 21.990 | Long reserve life. Could become a trust. | 2002-12-04 | |
| STRONG BUY | | Tusk Energy | TSK-T | 2.270 | Excellent potential. Undervalued. Good discovery. | 2002-12-04 | |
| TOP PICK | | Niko Resources | NKO-T | 23.500 | Has a good prospect in a new drilling area. | 2002-12-04 | |
| TOP PICK | | First Calgary Petroleums | FCP-T | 1.900 | Good properties. Volatile. High Risk/ High Reward. | 2002-12-04 | |
| TOP PICK | | Antrim Energy | AEN-T | 1.000 | Good property. | 2002-12-04 | |
| BUY | | Centurion Energy International | CUX-T | 8.920 | Good assets and gas weighted. | 2002-10-29 | |
| BUY | | Dynamic Oil and Gas | DOL-T | 2.000 | Good valuations/production. | 2002-10-29 | |
| DON'T BUY | | Prime West Energy Trust | PWI.UN-T | 26.240 | One of the weaker trusts over the last 5 years. | 2002-10-29 | |
| DON'T BUY | | Exxon Mobil | XOM-N | 33.230 | Integrateds are dropping. Margins are thin. | 2002-10-29 | |
| STRONG BUY | | Encana Corp | ECA-T | 43.810 | Was a top pick on Aug 27. Still likes. Good projects. | 2002-10-29 | |
| TOP PICK | | Niko Resources | NKO-T | 20.950 | 10% interest in Reliance. Good assets. | 2002-10-29 | |
| TOP PICK | | Gentry Resources Ltd | GNY-T | 1.310 | Steady grower over 5 years. Good productions. | 2002-10-29 | |
| WAIT | | El Paso Corp | EP-N | 7.330 | US regulators are guestioning energy trading stocks which is having an effect. | 2002-10-29 | |
| BUY | | Acclaim Energy Trust | AE.UN-T | 4.000 | Their deal with Ketch was good. Has good tax deferred benefits. Large amount of undeveloped land. | 2002-10-08 | |
| BUY | | Compton Petroleum | CMT-T | 3.830 | Stable. Good production growth. | 2002-10-08 | |
| BUY | | Talisman Energy | TLM-T | 53.500 | Likes the growth and their broad exposure to both oil and gas. A good price. | 2002-10-08 | |
| BUY | | Suncor Energy Inc | SU-T | 24.200 | Good production growth. Kyoto could be a problem. Had cost over runs. Good long term. | 2002-10-08 | |
| BUY | | Tusk Energy | TSK-T | 1.570 | Made a good joint venture with Alberta native bands. | 2002-10-08 | |
| DON'T BUY | | El Paso Corp | EP-N | 5.450 | Too many problems at this time. | 2002-10-08 | |
| DON'T BUY | | Husky Energy | HSE-T | 16.570 | Could be acquired, but not a screaming buy. | 2002-10-08 | |
| HOLD | | PetroKazakhstan Inc | PKZ-T | 14.990 | Speculative. Production forcasts were overstated. Probably a take out candidate. | 2002-10-08 | |
| HOLD | | Canadian Natural Rsrcs | CNQ-T | 46.850 | Long term outlook is good. Well balanced. Well managed. Not a screaming buy. | 2002-10-08 | |
| PAST TOP PICK | | Stuart Energy Systems | HHO-T | 2.000 | (Was a top pick on June 13. Down 61%.) Still likes. Trading at less than 50% of its cash value. | 2002-10-08 | |
| PAST TOP PICK | | Canadian Superior Energy Inc | SNG-T | 1.150 | (Was a top pick on June 13. Down 55%.) Was a speculative pick. | 2002-10-08 | |
| PAST TOP PICK | | Encana Corp | ECA-T | 45.140 | (Was a top pick on June 13. Up 2%.) Still likes. Has good exposure to the gas sector. | 2002-10-08 | |
| TOP PICK | | Dynamic Oil and Gas | DOL-T | 2.070 | Extremely undervalued. Have a new discovery. | 2002-10-08 | |
| TOP PICK | | Gentry Resources Ltd | GNY-T | 1.290 | Has good production and has made some good discoveries. | 2002-10-08 | |
| WAIT | | Petro-Can | PCA-T | 45.150 | With the good acquisition and higher oil prices, the cash flow has gone up. Oil prices could drop. | 2002-10-08 | |
| WEAK BUY | | Tiverton Petroleums | TIV-T | 0.220 | Not a lot of institutional interest. Production is growing. Will take a while. Reasonable. | 2002-10-08 | |
| DON'T BUY | | Husky Energy | HSE-T | 16.280 | Has some structural disadvantages, such as not enough refining production. | 2002-08-27 | |
| DON'T BUY | | PetroKazakhstan Inc | PKZ-T | 15.550 | Has political risks in some of their properties. | 2002-08-27 | |
| DON'T BUY | | Purcell Energy | PEL-T | 2.150 | Has grown rapidly, but will have to prove themselves. | 2002-08-27 | |
