Oil & Gas Producers Ratings

BUY ECHO by tomthebomb on 17 Dec 2014 12:58

Price at rating: 2.25, now:

farm in partner news is done and dusted news very close

Score: 72.50

PANIC HAWK by keith4 on 15 Dec 2014 18:23

Price at rating: 6.50, now:

This is going now we're fast but down glad I did not invest in the pile of junk

SELL RXP by Stockman on 13 Dec 2014 11:06

Price at rating: 9.75, now:

Sell on the non news bounce

Score: 100.00

BUY SER by SalopTractor on 10 Dec 2014 11:25

Price at rating: 0.09, now:

buying started - Hawker deal could be done - follow the money

Score: 65.00

BUY NEW by Barney71255 on 08 Dec 2014 21:19

Price at rating: 0.24, now:

From: miningoz 12/8/2014 8:56:31 AM of 156 New World Oil and Gas(NEW) ready to join forces with Maranco, which is exploring in northern Belize, continues testing its wells. Cho said that the company is trying to look at different ways that they could test the wells and to see how much could be produced. We asked Cho what the prospects are for a major oil find in the South. “The potential is good but we will only know if we drill,” he said. Maranco Energy Belize Limited announced that it had found an encouraging oil show at its South Canal Bank number one exploration well. That never panned out, but tonight there is confirmation that Maranco has struck oil, black gold, after digging a second appraisal well as South Canal Bank number three. Initial estimates put the reserves at close to fifty million barrels of oil…more than double the initial reserves at the Spanish Lookout Belize Natural Energy well. That is a monumental discovery. Limited, Blue Creek Exploration Ltd., BCH International Ltd., Maranco Belize Ltd., Perenco Belize Ltd., Princess Petroleum Ltd., Providence Energy Ltd., US Capital Energy Belize Ltd. and Belize Natural Energy are the 9 companies with contracts. Princess Petroleum has about a million acres offshore under its concession, but Cho said that no offshore works have been carried out by that company. Meanwhile, Cho confirmed that US Capital is getting ready to drill; Perenco is processing seismic survey results, while BelGeo and BCH are shooting seismic. Big things are happening with the contracts for Princess Petroleum and Blue Creek Exploration, which has a partnership with New World Oil and Gas, Cho told us. We asked what happened to Paradise Energy Limited, which had been given an extensive oil concession over the Maya Mountain Massif. Cho said that the company had relinquished its blocks. Last week New World terminated thier agreement with NIEL saying New World Chairman Chris Einchcomb commented: "This Agreement brings the current Niel relationship to a close, but does not preclude future cooperation between our companies. Niel has acted in good faith in this matter, and New World has been provided with adequate working capital allowing us to pursue other sources of funding in the short term. In the meantime, we remain in discussions with potential farm-in partners for our Blue Creek Project in Belize and Danica Jutland and Danica Resources projects in Denmark where we have successfully re-negotiated and extended our work programme deadlines with the aim of further unlocking the value in these assets."It believed this was recquired so a new agreement and JV partner could be put in place with drilling rigs already being sourced said local sources.

Score: 17.50