Green Oasis (GRNO)

[Ferick]

Here is a current what's happening in oil production but I don't see any mention of Green Oasis Environmental or Custom Carbon Products. I see the regions of U.S., the same as on GRNO's web presence but the GRNO entity is just not in the mix. I suppose management is sitting around the office of opposing thumbs, waiting for a letter from the Alberta Securities Commission retracting that cease and desist order.
..."The fact is, the U.S. is producing a million more barrels of oil a day now than it was just a year ago," he says, thanks in large part to newly developed oil and gas fields in North Dakota and Texas. "The growth rate in oil production is up 15%," he says.
For his part, Kiesel says the industry is highly regulated and is an investment that is best-played by "owning the premier producers in each area."
Along that line, in the Bakken shale, he names Whiting Petroleum (WLL) as a good candidate, as well as EOG Resources (EOG) in the Eagle Ford shale and Continental Resources (CLR) in the Permian Basin.
As for companies that will transport the oil to refiners, so-called "midstream suppliers" like MarkWest Energy (MWE) and Targa Resources (NGLS) are Kiesel's top trades in this space. The companies are up a whopping 48% and 32% year to date, respectively...