Oil Stock Report

[OilStockReport]

Just realized you beat me to it! Looks good!

[alfaspider]

I did it over the weekend.. Check to see if you approve?

just generic background...

AUDI65 must be old jeff.....

[OilStockReport]

I'll edit it now!

[OilStockReport]

Team Work for Pipeline Project


Kinder Morgan and Valero energy have finally come to an agreement on a new pipeline system. This could be great news for consumers and operators alike. Making oil and gas more accessible will then make it more affordable. Exciting news!





Find additional research here: http://turnkeyoil.com/2011/09/21/team-work-for-pipeline-project/

[alfaspider]

CFW- Suggestions for Intro Message 09/17/2011
Intro:
-------------------------------------------------------------

Company Website: www.canopetro.com

Current Management:

CEO: Jim Latimer , Chief Executive Officer and Director. Effective February 10, 2011, Mr. Latimer was appointed Chief Executive Officer. In addition to serving as a Managing Director of Blackhill Partners LLC, Mr. Latimer has headed Explore Horizons, Incorporated, a privately held exploration and production company based in Dallas, Texas since 1993. Previously, Mr. Latimer was co-head of the regional office of what is now Prudential Financial, Inc. Mr. Latimer’s prior experience includes senior executive positions with several private energy companies, consulting with the firm of McKinsey & Co. and service as an officer in the United States Army Signal Corps.

CFO: John H. Homier, Chief Financial Officer and Secretary
Mr. Homier has over 30 years experience in finance, investment evaluation, and engineering. He is currently a Managing Director of J. H. Homier and Associates. Previously, he served as President and Chief Executive Officer of a Business Development Company focused on upstream oil and gas investments. He also developed and managed oil and gas investment programs for Continental Bank, Bank of America, and Deutsche Bank. Early in his career, he worked as a petroleum engineer with Exxon U.S.A. and served in the Civil Engineer Corps of the U.S. Navy. He holds registrations in petroleum and civil engineering and is a CFA charterholder.

Exec Dir: Jayme Wollison, Executive Director of Operations
As the Executive Director of Operations for Cano Petroleum, Mr. Wollison brings over 35 years of oil and gas experience to his position. He is responsible for the operations at Cano’s properties located in Oklahoma, Texas and New Mexico. Prior to working for Cano Petroleum, Mr. Wollison had responsibilities in various areas of the oil and gas industry, to include many years as a Production Superintendent with extensive drilling, waterflood, well service and facility experience, mainly in the Mid Continent region. Mr. Wollison has also owned and managed several independent well servicing and oil and gas companies in Oklahoma.


CFW stock quote: - Cano Petroleum, Inc.
www.nasdaq.com/symbol/cfw

[alfaspider]

-- CFW Current into message
- OK to use this board for communications- related to CFW board administration?

This is what currently shows up for CFW and sure makes Jeff look like a crook......

--------

S. Jeffrey Johnson
Chief Executive Officer
Cano Petroleum Inc.

The proxy statement for Cano Petroleum Inc. uses the new SEC executive compensation rules.

In 2008, S. Jeffrey Johnson raked in $1,203,134 in total compensation according to the SEC. According to the AFL-CIO's calculation method*, this CEO raked in $2,495,609 in total 2008 compensation.

801 Cherry Street
The Burnett Plaza
Fort Worth, TX 76102
United States - Map
Phone: [phone]
Fax: [phone]
Web Site: http://www.canopetro.com

DETAILS
Index Membership: N/A
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Full Time Employees: 114


BUSINESS SUMMARY
Cano Petroleum, Inc., together with its subsidiaries, operates as an independent oil and natural gas company in the United States.

It has interests in the Davenport properties located in Lincoln County, Oklahoma; the Nowata properties consisting approximately 220 wells; the Desdemona properties covering 11,068 acres located in central Texas; the Corsicana properties that covers 341 acres; the Panhandle properties located in Carson, Gray, and Hutchinson counties, Texas; and the Pantwist properties comprising 167 wells and 2 workover rigs covering approximately 9,700 acres in the Panhandle field.

The company also holds interest in oil and gas properties in the Permian Basin covering 20,000 acres and three fields in Chavez and Roosevelt Counties, New Mexico. As of June 30, 2007,

Cano Petroleum had proved reserves of 66,720 million barrels of oil equivalent (MBOE), of which 8,454 MBOE were proved producing, 2,843 MBOE were proved non-producing, and 55,423 MBOE were proved undeveloped reserves.

The company was founded in 2004 and is based in Fort Worth, Texas.


KEY EXECUTIVES

Mr. James R. Latimer III, 65
Chief Executive Officer

Mr. Morris B. Smith , 63
Chief Financial Officer and Sr. VP

Mr. Patrick M. McKinney , 49
Sr. VP of Engineering & Operations

Mr. Phillip Feiner ,
VP, Corp. Sec. and Gen. Counsel

[alfaspider]

Delete that post if you want... was only pre-BK humor? That audi65 moniker has been posting BK on Wahoo (several aliases) and iHub for some time, and also posts BK stuff on several other boards... Never heard of a "BK boiler room"...

16 cents hitting today...

Do they report earnings, so something on Monday the 19th?
Will buy some at 10 cents, if it gets there.....

[OilStockReport]

Exceptional Earnings For Cheniere Energy Partners

Earnings reports can be a bit deceiving for investors and it is important to really break down the numbers and get down to the nitty gritty to truly understand where the company is at. How do you know if a company’s earnings are something to be excited about?



Find additional research here: http://turnkeyoil.com/2011/09/15/exceptional-earnings-for-cheniere-energy-partners/

[OilStockReport]

Nice bold move! Ha. Have you gotten a response back?


SD is a good looking pick. I've been watching this one for a couple months now.

[OilStockReport]

Yes, there is a lot of penny speculation going on. I do enjoy this but try to broaden my horizons a bit too.

[alfaspider]

Well I came right out and asked him.......

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67148962



But since Jeff left, he went pink, and may not be making the $2 Million salary and bonus-

So could you blame him for being a little pissed off?

-------

I like SD-- Sandridge looks like a bit safer recovery than Cano

[biomanbaba]

a sad note
the paucity of posts here brings a tear of sadness to my eye...
it appears IHUB degenerated to being the home of penny stock speculators....people who believe in portfolio balance and diversification as you and I do seem to be in a minority here

[biomanbaba]

ADD a LITTLE Spice

Actually the 70/10/10/10 OIL/Biotech play I suggested on the other board RE X one million $ is for Warren Buffett and those competing with him on that Forbes List........the NO RISK way to play that for JOE MAINSTREET looks like this

KMP 99
SNTA 1
CLSN 1
THLD 1

and do it with $100 K.......five yrs from now if Im right you will have at least $ 1 M.....and if IM just a biotech pumper who doesnt know his ass from a hole in the ground you will still have about
$ 139K
you need to take your basis off the table as each biotech faces the FDA and move it to the next one in line
right now I expect that to mean CLSN--->SNTA--->THLD...but you have to stay on top of the news...any one of them could experience a timeline stumble which doesnt change the outcome but does change what you need to do when

[OilStockReport]

Natural Gas Exploration and Production Stocks To Get Comfortable Wtih


Are you a long term stock holder? Don’t like to buy and sell daily? There are some great exploration and production natural gas stocks that can be great picks for investors who look for long term holds. Get to know these stocks well, especially because they are recommended to hold long.





Find additional research here: http://turnkeyoil.com/2011/09/15/natural-gas-exploration-and-production-stocks-to-get-comfortable-with/

[OilStockReport]

I'd say you are right! Looking at the chart, its had a pretty exciting morning already.

[OilStockReport]

Yes, I have corresponded with this user in the past and then still had not much positive feedback...

Maybe it is Jeff? I little conspiracy going on? Ha

[alfaspider]

This guy certainly doesn't like cano...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67103560

Think it's just exCEO Jeff getting some revenge?

[alfaspider]

Turnkey: Something must be up today...
Wahoooooo Board is lit up like evening of December 24th..............

and this is just the last 21 minutes....

----

HERE COMES .16 BAGGIES TICK DROP TICK DROP TICK DROP
by tim_skykes_guru [7 minutes ago] Not rated 0 7 minutes ago
by tim_skykes_guru
BAGHOLDERS GOING TO EAT THE LOSES ON THIS ONE
by undisputed_legend... [8 minutes ago] Not rated 0 8 minutes ago
by undisputed_legend...
.05 COMING CYA ON THE PINK SHEETS
by omg_wow_amazing [9 minutes ago] Not rated 0 9 minutes ago
by omg_wow_amazing
Free falling!!!
by lgaytan65 [12-Sep-11 03:39 pm] Not rated 3 10 minutes ago
by lgaytan65
DROPPING FAST BAGGIES THERE GOES YOUR MONEY SELL SELL SELL
by hardcore_legendar... [10 minutes ago] Not rated 0 10 minutes ago
by hardcore_legendar...
SINGLE DIGITS COMING WORTHLESS POS .05
by tim_skykes_guru [11 minutes ago] Not rated 0 11 minutes ago
by tim_skykes_guru
.10 COMING BAGHOLDERS
by clap_clap_kab00m [12 minutes ago] Not rated 0 12 minutes ago
by clap_clap_kab00m
.17 TICK DROP TICK DROP TICK DROP...
by undisputed_legend... [12 minutes ago] Not rated 0 12 minutes ago
by undisputed_legend...
DELISTING IMMENT PINK SHEETS COMING
by undisputed_legend... [14 minutes ago] Not rated 0 14 minutes ago
by undisputed_legend...
*0.18* ROCK BOTTOM. MAKE SURE YOU BUY TODAY.
by hansungpil [14-Sep-11 11:25 am] Not rated 1 18 minutes ago
by oilfieldvet74
BANKRUPTCY AND PINK SHEETS COMING
by clap_clap_kab00m [20 minutes ago] Not rated 0 20 minutes ago
by clap_clap_kab00m
.15 COMING TICK DROP TICK DROP TICK DROP
by value_investor200... [20 minutes ago] Not rated 0 20 minutes ago
by value_investor200...
HERE COMES .17 GOING DOWN TIMBERRRR
by undisputed_legend... [21 minutes ago] Not rated 0 21 minutes ago
by undisputed_legend...
SELL SELL SELL SHORT THIS WORTHLESS POS
by t0wers.expert [21 minutes ago] Not rated 0 21 minutes ago

[alfaspider]

.18 seems to be over reaction to pf share non-payment, and crappy market?. BK is always possible, but think they would have done it already if that was the game plan?

You certainly have more insight than I do, and might be able to read the new CFO better on a phone call? You might ask why he went from a stable venture cap fund to a semi-BK oil shambles... after he stops laughting, he might fill you in... (only a suggestion)....

[OilStockReport]

3 Small Cap Energy Stocks to be Bullish About


We are big fans of the small cap stock here at TKO. We are always looking for new small cap oil recommendations or picks. This time around, we didn’t have to look too far to find what we were looking for! Now, neither do you.









Find additional research here: http://turnkeyoil.com/2011/09/13/3-small-cap-energy-stocks-to-be-bullish-about/

[OilStockReport]

Thanks for the additional DD. I think that calling the management would be a great idea. Adding it to my list of things to do!

[alfaspider]

DD help on CFW?

BK is certainly an option, but "C0-2" on another board says...
"I think it depends on the value of the oilfields and the price of oil. If the banks/management are approached by interested parties, like Rancher was, then it maybe worth the risk to foreclose. If the "new team" wants to sell off some assets and reduce debt, that's certainly a possiblity.

The current production does not warrant a high price on the assets. 900BOPD @ 50-70K is only $45-63MM. Doesn't give the bank back all their money. Looks like to me the next best solution for the team is to invest millions to rework the wells and increase production They have over 150 inactive wells to address at Cato alone. But, then again that is what Jeff was trying to do.....just couldn't find a partner or more cash.

Co2 and waterfloods require alot of cash up front. But they do pay off. Look at DNR and EPM deal on the Delhi field. It's producing over 1000 bopd now. EPM is raking in the cash. "
-----------------
My take is that new mgmt team may have venture funding and experience to start the production that Jeff could not- and now don't have to pay Jeff's salary...
BK always possible, but think banks could make out better with a turn around, and now sitting on cheap capital to keep it floating for next 2 years........
JMHO--

Since you're more in tune with the sector, have you thought of calling new mgmt and asking some leading questions- to get a feel if they are going to invest? Sure they would take me for a newbie. Not wanting to post on CFW board, as there are always some who bought in March at 80 cents and not real objective at the moment...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66989759

Also not sure if .18 was a bottom of sorts, so have to see what next few weeks bring.

[OilStockReport]

Big Oil Putting Folks Back on the Payroll


With the massive amounts of shale drilling, and the growing interest in industry of the oil sands, there has been great opportunity for the creation of new jobs. America’s economic slump has hit the oil industry hard, especially due to the Gulf oil spill and the reduced offshore drilling. Luckily the shale and oil sands boom has somewhat counteracted this.










Find additional research here: http://turnkeyoil.com/2011/09/08/big-oil-putting-folks-back-on-the-payroll/

[alfaspider]

What are number of banks doing with forclosure inventory? Keeping them on the books at cheap rates, and hope to sell them down the road for more? Beazer Homes, has actually started a rent program to generate some income from these unsold properties..

I wonder if Jeff's banks aren't just sitting tight because they might not get much now by forcing BK.

Fed policy has pretty much insured low rates (carrying charges ) for another 2 years, and QE3 will only devalue the magnitude of current debt? And oil will be more expensive in future periods?

(just WAS )..

[OilStockReport]

Great questions. I would have to do more due diligence with this.

[alfaspider]

yes but current debt is in dollars that can be diluted, while Oil is in the ground and can be extracted and sold at a higher dollar value in the future? If dollars are cheap now, what happens after QE-3 (or what ever its called)?

I only wonder if the bank isn't forcing Cano BK now- in that they know reserves will be worth more at a later point, and have very low carrying charges right now to do so?

not speculating or predicting... but they defaulted almost one year ago?

[OilStockReport]

10 Best American Gas Drillers

We have posted a few articles recently discussing the rise of natural gas and when its expected to happen. The natural gas boom seems to be on its way, so you might as well be prepared with your stock picks.







Find additional charts and research here: http://turnkeyoil.com/2011/09/07/10-best-american-gas-drillers/

[OilStockReport]

This quote seems some what circumstantial, don't you think?

[alfaspider]

CFW- what do you make of this post on Wahoo board?

"Debt--- then extend it, and pay interest from bank money,... bank interest is so low now. $15M revenue company(OIL) won't fail and banks won't reject loan. Why should they when oil peak is ahead in a few years."

--------
Bank technically own the company now? Then what are their "costs" ie. interest costs to keep it going?

Why bust up a going operation when it's "costs" are at Fed-"insured" rock bottom levels for the next 2 years.. Unwind some of Johnson's hedges and screw ups, and ......

[alfaspider]

During the latter Clinton years there was no gas shortage, and sheeple all drove Humonguse SUVs at 75 MPH and didn't care... Clinton had different tax strategy..

Gas shortage and energy price escalation only seem to happen when Republican oil interests are in the white house. Any names ring a bell?

Reagan even removed solar panels that Jimmy Carter had installed on the roof of the white house..........

next 5-6 years may see the wind down all the conservation? cheap natural gas to warm your rental unit...

my concern is that Cano will get bought up cheaply. But at this point any buyout may top 19.5 cents.......

[OilStockReport]

Yea, we need to utilize all this natural gas we are producing. Think that will create peak nat gas?

[alfaspider]

watching CFW and picking some up on red days.. Probably BK, but you never know.. Nat Gas prices probably tied to economy like oil? but Democrats like cheap energy and tax by other means...

[OilStockReport]

Are Peak Nat Gas Prices Possible?

Will natural gas prices ever go up? I think this a question that many of us natural gas enthusiasts have been asking ourselves recently. There has been talk of this for so long, but will it ever happen?




Find additional research here: http://turnkeyoil.com/2011/09/06/are-peak-nat-gas-prices-possible/

[OilStockReport]

Thanks for all these updates. Keep 'em coming.

[OilStockReport]

This is my personal point of view.

[alfaspider]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66847405

seems to hold .20 on red day?

[alfaspider]

Assume you have also seen this:

Cano also released Natixis and its affiliates from claims related to the commodity swap transactions, the early termination thereof and Cano's Amended and Restated Credit Agreement. In connection with the termination of the commodity swap transactions, Cano must pay $3.65 million to Natixis.

In addition to being a party to the commodity swap transactions, Natixis is also one of the senior lenders under Cano's Amended and Restated Credit Agreement.

[alfaspider]

is that a cut and paste, or personal opinion/reflection?

today was quite red overall, and with CFW's "bad" news- might have expected major tankage, but held somewhat with 730K volume-

If was heading for BK, suspect that many more would be heading for the door today?

BK could release them from restrictive hedges, but might be more problematic for the banks to collect vs a workout, or refinance?

Have you any insight into new mgmt? looked kind of solid...

[OilStockReport]

Was a bottom play and we picked up it around .25 + or _
I had higher ambitions for it early on but they realistically have not been able to overcome the larger issues.

Management changes since we originally called / played it also have made it a bumpy ride.
But our first call saw it run as high as .75 so that is 200%
At this point like that poster stated the debt / banks is the looming issue they could likely force into BK but naturally want to avoid losses.

So it is very spec now, however I really like their reserves and the upside potential but they are slipping more which is dropping the value.
So the key now is to watch for a technical bottom or any sign of a turn around. We still like the upside super spec aspect but I wouldn't pick any up just yet.

[OilStockReport]

5 Oil Companies Dishing Out Good Dividends

Good dividends are always something an investor looks at when considering stock options. Often the larger companies provide stronger dividends. In the oil and gas sector, this is no different.











Find additional research here: http://turnkeyoil.com/2011/09/02/5-oil-companies-dishing-out-good-dividends/

[alfaspider]

CFW- Oh MY, Oh MY-- Banks going along with this for how long? What's your take on debt vs reserves, and extraction value of reserves? Jumped in at .206 -- a very slippery slope...

[OilStockReport]

Chesapeake's Portfolio Best of the Best

Chesapeake Energy has been working hard to get their portfolio into tip top shape. The approach they have been using is to utilize unconventional plays and shale plays. Not too long ago people probably would have thought them crazy, but not at this point in the game.



Learn about CHK's assets here: http://turnkeyoil.com/2011/08/31/chesapeakes-portfolio-best-of-the-best/

[OilStockReport]

Small Oil Companies Making the Best of the Bakken

Despite the fact that the markets have taken a bit of a down turn, this has created a great buying opportunity for investors. Various stocks working in the Bakken which is allowing for better opportunities both for the company and investors.







Find additional research here: http://turnkeyoil.com/2011/08/29/small-oil-companies-making-the-best-of-the-bakken/

[OilStockReport]

Increased Oil Prices Could Bring These Stocks Back to Life


All of us energy investors are in high hopes that oil prices will jump back up. If oil prices do increase, there are a number of companies that would benefit from this and begin to strive.







Find additional charts here: http://turnkeyoil.com/2011/08/25/increased-oil-prices-could-bring-these-stocks-back-to-life/

[OilStockReport]

Transocean Set For Success To $77

Transocean has been a stock we have been watching closely recently. They have been working hard towards success in their offshore operations. Analysts are expecting Transocean’s stock to grow to $77.




Find additional research here: http://investorshub.advfn.com/boards/post_new.aspx?board_id=21808

[OilStockReport]

Cramer's Top Notch Energy Stocks

Jim Cramer is a highly regarded stock analyst, and many investors pay close attention to his recommendations and feedback. He often comes up with lists of stocks to choose from, and this time he has done it again.







Find additional charts and research here: http://turnkeyoil.com/2011/08/24/cramers-top-notch-energy-stocks/

[OilStockReport]

Forever Hold Energy Stocks

Energy is going to be in demand for a long time to come. We do not see this area of the market going anywhere, anytime soon. Why not invest in a market full of stocks that should be in the market for a long time to come?








Find additional research here: http://turnkeyoil.com/2011/08/23/forever-hold-energy-stocks/

[OilStockReport]

Gulf Resources Creates Hopeful Investors Despite Risk

Looking for a risky investment that could really pay off? Gulf Resources could be a potential pick for you. Not everyone likes to play it safe, and Gulf Resources is not necessarily a safe play. They are high risk and high reward. Sound appealing?



Find additional research here: http://turnkeyoil.com/2011/08/21/gulf-resources-creates-hopeful-investors-despite-risk/

[OilStockReport]

Go natural gas!

[reaper247]

Natural Gas news.

(edited for space and content. Full story at link.)

http://www.washingtonpost.com/blogs/ezra-klein/post/getting-ready-for-a-wave-of-coal-plant-shutdowns/2011/08/19/gIQAzkZ0PJ_blog.html

Posted at 12:19 PM ET, 08/19/2011

Getting ready for a wave of coal-plant shutdowns

…Over the next 18 months, the Environmental Protection Agency will finalize a flurry of new rules to curb pollution from coal-fired power plants. Mercury, smog, ozone, greenhouse gases, water intake, coal ash—it’s all getting regulated. And, not surprisingly, some lawmakers are grumbling…

…CRS notes that many of the plants most affected by the new EPA rules were facing extinction anyway: “Many of these plants are inefficient and are being replaced by more efficient combined cycle natural gas plants, a development likely to be encouraged if the price of competing fuel—natural gas—continues to be low, almost regardless of EPA rules.”…

IMO and FWIW.