10 times more oil!
Kodiak Energy (OTCBB: KDKN) holds the key to increasing U.S. oil reserves by a factor of 10!
CO2 injection is the fastest growing technology for enhanced recovery in depleted oil fields and Kodiak Energy just announced it has successfully tapped into one of the. . .
world's largest carbon dioxide fields.
Buy shares of Kodiak Energy (OTCBB: KDKN) now while they're still below $3.00. Look for $10-$12 by the end of 2008 when Kodiak becomes a major supplier of strategically important CO2!
For well over a year, I've been telling my readers that Kodiak Energy (OTCBB: KDKN) is the best way I know now to cash in on the energy crisis and the huge profits being made from the vast oil reserves of Northern Canada.
It still is! But suddenly, there's a second all-new and very compelling reason to invest in Kodiak Energy! James L. Rapholz
B.A.M.S. Economics
Economic Advice
Our 2007 Recommendations on Gold, Silver, Natural Gas, Oil and Coal WERE UP 192.41%!
Company:
Kodiak Energy
Symbol:
OTCBB: KDKN
Recommendation: Aggressive Buy NOW
up to $3.00!
Before I get to the breaking developments that scream for you to invest in this under-priced stock, let me touch briefly on what has been my primary argument for Kodiak Energy:
You probably know that the vast oil sands of Alberta contain an estimated 1.7 trillion barrels of what's referred to as heavy crude oil bitumen, a naturally occurring energy source that, although it costs more to refine than conventional crude, can be made into to lightweight crude.
But did you know that a bit west of those vast oil sand deposits is a source of high quality crude oil (not bitumen) known as the Little Chicago prospect that geologists working for Ridgefield Oil estimated could contain. . .
"Possibly the largest and most important oil accumulation in North America with an estimated pore volume in the range of 40 billion barrels.
On March 10th, Kodiak Energy announced that it had completed a new seismic acquisition program smack in the middle of this very same high-impact Little Chicago project?
In fact, Kodiak Energy is the operator of, and a 56.25% working-interest owner in, the Little Chicago project, approximately 200,000 acres gross in the Northwest Territories that comprises the very same area that's been called possibly the largest crude oil resource in North America.
With its stock trading at a ridiculous $2.00 or less a share, I've been writing that Kodiak Energy is perfectly positioned to be the next Suncor. Suncor, as you may know, was an early entry in the oil sands bonanza and if you'd been early to buy its stock, you could have turned $10,000 into $1,050,000!
At the moment, Kodiak's stock is where Suncor's was before it took off. Over the next few years, I believe you can come close to duplicating its spectacular 10,500% gain if you buy Kodiak now.
On the basis of its crude oil potential alone, I can't argue strongly enough for investing in Kodiak.
BUT. . .as I said, there's now a second, entirely new, and perhaps equally compelling reason to own shares of Kodiak. Just days ago, the company made a startling announcement that could send huge waves of cash pouring into its coffers by the end of 2008.
Almost overnight, with the successful drilling of three high-quality CO2 wells on its 62,000 acre Tucumcari Basin tract in northeast New Mexico, Kodiak has positioned itself to become a major player in the domestic energy scene. In fact, Kodiak could become instrumental in a revolution that, according to a report published by Research & Investment Services (SISM) could result in . . .
a 10 fold increase in the current U.S. domestic oil reserves!
I still say that long term, you can make a fortune on Kodiak's crude oil operation. But now I'm also saying that the breaking news that it has succeeded in tapping into one of the world's largest carbon dioxide fields adds a whole new profit center that could be worth billions.
Quick profits from its CO2 resources are a certainty, because CO2 injection is the fastest growing method for pumping new life into dead oil fields. It's referred to as enhanced oil recovery (EOR). CO2 is injected into mature, dried up oil wells to create the pressure that forces every barrel of "left over" hard-to-recover oil to the surface.
Kodiak controls 62,000 acres and has a Letter Of Agreement for another 22,000 acres of mineral rights in the Tucumcare Basin in northeast New Mexico that geologists think may be one of the biggest CO2 fields in America. The company announced that it has successfully drilled 3 wells and expects operations to be completed by mid April.
When these 3 wells go into production soon, it will be a whole new ball game. Kodiak Energy now has a second and more immediate source of cash flow that's potentially worth billions and that should show up on the bottom line by the end of this year.
And the best part of this story is that Wall Street has yet to catch on to the significance of Kodiak's most recent press release. When the Street gets over its obsession with the banking fiasco, realizes that Kodiak has gone in an entirely new direction, and wakes up to the implications of its CO2 reserves, this stock will go through the roof!
For a Bailout, Press 'One', If you're a bank press 1, If a brokerage firm, press or say 2
For a Bailout, Press 'One', If you're a bank press 1, If a brokerage firm, press or say 2
