Claren Energy Corp (CNENF)

[Hamilcar54]

OK guys, now that drilling is announced, time to get more people interested in the stock. Below is an overview I created that highlights both stocks.
Paid ihub subscibers should post this to the premium boards, freebie users (like myself) should post it on the free user groups.

http://investorshub.advfn.com/boards/hubstocks.aspx
http://investorshub.advfn.com/boards/boards.aspx?cat_id=133

There is one catch: each user can only post the same message twice each day, otherwise it's considered spam and will get deleted. That's why we need several people to post this to get the word out. Post 2 messages each day if possible.
This can be a real money maker for everyone at these levels so post away !


2 low cost (traditional non-shale) onshore oil plays with enormous potential - drilling starts in december !


Terra Nova Energy (TGC ticker on Canadian Venture, TNVMF on OTC):

Focused on exploring for and developing low cost, high margin oil in Australia's Cooper Basin.

Short info sheet:

- cost per barrel is 23-28$
- Brent oil now sells for around 50$ a barrel
- the company receives an extra 10%-15% premium above the Brent market price
- to be proven reserves in the upcoming drilling campaign of around 92.7 million barrels of oil
- company owns 20% of the oil properties
- drilling starts in december
- only 6% of the total acreage has been shot with 3d seismic, that leaves still 93% unexplored. Can you imagine what the other 93% might hold if 6% of their acreage already shows a possible 92.7 million barrels !!!

This results in a possible share price of around 6$ when the reserves are proven after the drilling campaign ends (The stock now trades around 0,08$)! Remember, this is only for their explored 6% acreage, the potential upside here is still much higher !

Management did a PP and they themselves raised money for the company earlier this year so they also have a lot of skin in the game !

The company trades on the Canadian Venture exchange but also on the OTC (TNVMF). I would advise to buy on the Venture since volume there is always much higher then on the OTC, the OTC is very thinly traded so it's difficult to get in/out.


Company Share Structure:

87.5 Million Shares
7.4 Million Options
1.9 Million Warrants
= 96.8 Million fully diluted


Visit the ihub board for more info:
http://investorshub.advfn.com/Terra-Nova-Energy-Inc-TNVMF-25038/

Drilling news:
http://finance.yahoo.com/news/terra-nova-engages-senex-energy-120000332.html


Holloman Energy (HENC ticker on OTC):

Partner to Terra Nova Energy on it's oil properties, HENC owns around 49% of the properties. Of course the same items in the info sheet as stated above also apply here, the only difference is that HENC owns a bigger cut of the acreage. Management is from Holloman Corporation in Houston and are also the largest shareholders (60 % - Holloman Value Holdings), they also provide all financing and have a lot riding on this.


Company Share Structure:

112.6 million shares fully diluted

This results in a possible share price of around 12$ when the reserves are proven after the drilling campaign ends (The stock now trades around 0,25$) ! Remember, this is only for their explored 6% acreage, the potential upside here is still much higher !


Visit the ihub board for more info:
http://investorshub.advfn.com/Holloman-Energy-Corp-HENC-11124/

Drilling news:
http://finance.yahoo.com/news/baikal-1-drilling-program-underway-130145803.html