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WEEKLY WATCHLOST FOR 10/1/12:
TC2000 STRONGER CHARTS :
CHC,LNET,ANAD,MRGE,VVTV,OGLD,OINK,PCYD,CMFP,ALTO,SKY
BOUNCE PLAYS :TCX,SVNT,INVE,REDF,MGH,DNDN,KGN,VIFL,CBK
BOTTOM PLAYS : GGR,MBLX,HDY,SCOK,DEXO,DNN
OTC.BB STRONGER CHARTS :
HDSI,RNDR,MINE,COWI,MDMC,GDSM,DUTV
BOUNCE PLAYS :HCEI ,BWMG,TDCP.EGOC,DKGR,ATYG,EXSFF,
LHPT,MDMN,ACLP,BMNS,FRCN,SRGE,MPIX,WBSI
BOTTOM PLAYS :EWRL,OTHM,OBQI,PUNL
WEEKLY WATCHLIST 9/17/12
PAUL'S FAVORITES :MTOR,TXCC,ULTR,JAG,AZC,STKO,CGHC
TC2000 STRONGER CHARTS :AZC,ULTR,DARA,GSS,AVL,TC,PAL,
URRE,MGH,HIMX,UQM,GNK,EGLE,VVTV,SVNT
BOUNCE PLAYS :TXCC,JAG,QRM,TST,PEIX,SONS,SHIO,USU
BOTTOM PLAYS :BPAX,ZNGA,EXM,JRJC,HTM
OTC.BB & PINKSHEET STRONGER CHARTS :CGJCF,TTNP,COPY,GWMGF
BOUNCE PLAYS :STKO,CGHC,TTII,ILNS,EEDG,BRGO,IGSM,MCET,SRGE,
EPGL,SINX
BOTTOM PLAYS : BWMG,WRAP,FROI,MILV,EAHC,GDGI,BTHR
PANCONTINENTAL OIL AND GAS NL
First Up Gas Discovery – Upgrade to Buy
Pancontinental Oil and Gas Limited (“Pancontinental”, “PCL”, “Company”) has announced first up drilling success at its 15% owned L8 block offshore Kenya. The Company has encountered 50m of net pay in gas charged sands at the primary target in the Mbawa prospect, operated by Apache.
The result is very significant as it opens up a new hydrocarbon province offshore Kenya and additional success is now highly likely. The secondary target in this well has been de-risked by this result and should be encountered any day. The possibility of oil in this zone has not been ruled out; however, the gas case now seems more likely.
Whilst many of the parameters required to make an estimate on recoverable volume have not been disclosed, we can infer and make assumptions based around pre-drill estimates and also the nature of the discoveries to the south. These are detailed on page 3. The upshot is a range of 2-5 trillion cubic feet of recoverable gas, with a mid case of 3.5 trillion cubic feet of gas (Hartleys estimates). We assume PCL’s interest will reduce to 10% (Tullow will free carry PCL in a second well), which results in value of 23cps for this horizon alone.
We have upgraded PCL from a Speculative Buy to a Buy and increased our valuation from 30cps to 85cps. Our price target is 51cps.
First of Many – Kenya Re-Rated
We now assume that 25 trillion cubic feet of gas will ultimately be discovered across PCL’s 4 permits offshore Kenya (L6, L8, L10A, L10B). Our estimated chance of success has increased from an average of <10% to ~40% (50% for L8 – 30% for L6, L10A, L10B). Using these estimates results in a risked valuation for the Kenyan acreage of 73.5cps, with upside potential of 275cps.
Remember Cove? Time for Smart Money to Move In
It took considerable time for the market to digest the significance of the discoveries made by Cove offshore Mozambique; however, the initial success was followed by many more and ultimately the company was acquired for over A$2b by PTTEP after a bidding war with Shell.
Onwards and Upwards – More Drilling Success Inevitable
Results from the secondary target in the Jurassic should be encountered any day. Pre drill estimates of potential closure at this horizon are in excess of 300km2 (as compared with 179km2 at the primary target level) and, as with the primary target, followup potential is very large.
It now seems likely that Tullow will exercise its option to drill a second well as part of its farm-in with PCL. This will reduce PCL’s interest to 10% in L8 and should see drilling of an additional well within 6 months, subject to rig availability.
BG has been fast tracking its exploration program at L10A and L10B (PCL 15%) and it is likely that at least one well will be drilled on this acreage in H1 2013.
PCL also has a 40% interest in L6, which is adjacent to L8 and the source kitchen from which the Mbawa hydrocarbons have been generated. 3D seismic was recently acquired over two large prospects on this permit.
We have upgraded to PCL to a Buy with a price target of 51cps
WATCHLIST FOR WEEK :
http://finance.groups.yahoo.com/group/thunderdomestockclub/message/8931
WATCHLIST FOR WEEK :
SDRG & REVU BOTH V/S CHARTS ,
FEW MORE I WATCH CLOSE ,
SVNT,SVU,GMXR,PAL,GERN,YONG
PCOGF.PK NEXT POSSIBLE OIL HUGE PLAY IN KENYA: NEED TO CHECKOUT !
NEWS FROM FRIDAY !
BTW REDINVEST ALSO NAILED AFRICAN OIL = AOIFF.PK FROM .80 TO 11.00 !
DO YOUR DUE DILIGENCE !
EXCITING TIMES ON THE WAY !
CONGRATS TO ELEPHANT HUNTER GROUP !
This message is from my private and special yahoo group who are mostly vetted in PCL. In fact this group of 62 deep pocketed researchers picked Pancontinental over 50 other up and coming junior oil explorers more thsn five years ago. Hundreds and hundreds of hours of extensive due dilligence promulgated Pancon to the spotlight and hands down winner.
go PCL, ( PCOGF : pinks )
" Apache to start drilling offshore well in Kenya
Fri Aug 10, 2012 11:13am GMT
* Kenya discovered oil deposits onshore in March
* E. Africa attracting oil and gas explorers
NAIROBI Aug 10 (Reuters) - U.S. explorer Apache Corp. plans to drill an offshore
well off the Kenyan coast soon, company executives said, expanding the search
for oil in the east African country that struck oil onshore in March.
East Africa and the Horn of the continent have become hot spots for oil and gas
exploration in recent years, spurred by new finds in countries including Kenya,
Uganda, Tanzania and Mozambique.
However, oil companies have yet to make finds offshore.
Apache will drill in an area known as the Mbawa prospect on Block L8 in the
Indian Ocean.
"Spudding is imminent," Barry Rushworth, CEO of Pancontinental Oil and Gas, one
of Apache's partners with a stake in the block, said in an email to Reuters.
Apache, the operator in the block, is partnered by British firm Tullow Oil,
which made Kenya's onshore discovery this March, and Australian firms Origin
Energy and Pancontinental.
Tullow has placed the odds of the well's success at 15 percent, while
Pancontinental has estimated the well could contain as much as 4.9 billion
barrels of oil.
In 2007, Australia's Woodside Petroleum drilled Kenya's last offshore well at a
cost of nearly $100 million, but found no oil deposits and paid the government
to exit from a contract that had required the firm to drill a second well.
Apache said in July it had taken special precaution to ensure the operation goes
smoothly. It has enlisted the Kenyan Navy to protect the drillship from pirates
who have been hijacking ships in the Indian Ocean for ransom.
The well is expected to take 60 days to complete and reach 3,250 metres below
the sea in water depth of 860 metres.
"The main concern that we have with regard to security is the potential for
piracy, and with that regard, we have partnered with the navy," said Tim
Gilblom, managing director of Apache Kenya.
http://af.reuters.com/article/kenyaNews/idAFL6E8JA63T20120810?sp=true
FEW NEW PLAYS I LIKE FOR WEEK : MTSN,JSDA,HPJ,ES
PLAYS STILL IN :SVNT,DCTH,AONE,JRCC,GMXR,GOL,LF,LDK
Few picks for week 7/23/12
:PRMW,MSPD,DCTH,CQB,MHGC ,IVAN,TNK,AAV,HEK,PSUN
FEW PLAYS TO WATCHLIST FOR 7/19 : SVNT,HEK,MTG,SURG,CBK,ERHE NEWS EOD ,SDRG BOTTOM PLAY I LIKE TO ACCUMILATE
ERHE NEWS TODAY @ CLOSE !
ERHC Energy Inc. Signs Exclusive Exploration Authorization on Oil Blocks in Chad
HOUSTON, July 18, 2012 (GLOBE NEWSWIRE) -- ERHC Energy Inc. (OTCBB:ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today announced that the Government of the Republic of Chad has issued an Exclusive Exploration Authorization (EEA) to ERHC in respect to the three blocks covered by ERHC's Production Sharing Contract (PSC) in Chad. The EEA, issued in accordance with the PSC, authorizes ERHC to undertake oil and gas exploration operations in the Chari-Ouest III, BDS 2008 and Manga Blocks in Chad, which are covered by the PSC.
The initial term of the EEA is for five years and can be renewed for a further three years.
"With the issuance of the EEA, ERHC can now commence its Chad exploration work program in earnest," said ERHC's President and CEO Peter Ntephe. "ERHC's goal is to advance quickly toward the identification of leads and prospects and thereafter to drill as quickly as the circumstances permit."
ERHC plans to focus its work program initially on the BDS 2008 and Chari Ouest III Blocks in Southern Chad. ERHC has 100 percent of the interest in BDS 2008 and a 100 percent interest in half of Chari-Ouest III. ERHC's holdings in the two Blocks encompass 20,860 square kilometers or 5.155 million acres. Both Blocks are located on the north flank of the Doba/Doseo basin, where Esso and other operators have made discoveries exceeding 1.29 billion barrels of oil equivalent.
The regional geology of Chari-Ouest III and BDS 2008 Blocks is dominated by the Pan African Shear Zone and associated rift basins. Esso and partners have been active in exploration and development projects in the area for decades.
"Our analysis of gravity, magnetic and 2D seismic data shows that ERHC's Chari-Ouest III and BDS 2008 Blocks fall within the prolific Doba/Doseo Basin," said ERHC's Geoscientist and Technical Advisor Martin Wensrich. "Our main area of focus extends 260 kilometers and is on trend and east of the 2011 Benoy-1 discovery by OPIC and north of discoveries by Esso."
ERHC recently invited eligible contractors to submit expressions of interest in providing Environmental Impact Assessment (EIA), gravity/magnetic and seismic acquisition services in the focus area.
The OPIC Benoy-1 well drilled a low side fault closure and test flowed oil at a calculated rate of over 2,000 barrels per day from lower Cretaceous fluvial/deltaic sands. Esso's Tega #1 encountered hydrocarbon reserves with an estimated potential of 8 million barrels of oil equivalent (MMBOE) in the Lower Cretaceous "C" sand. The Esso Maku #1 drilled a Lower Cretaceous faulted structure and encountered hydrocarbons with an estimated potential of 21 MMBOE.
"Our preliminary projections, based on the technical assessments made by the operator of an adjacent block, suggest the likelihood of at least three prospects with a reasonable chance of success on ERHC's blocks," said Mr. Wensrich. "Significant work will of course have to be done to identify the prospects and drill them but if our preliminary projections hold, we think that the combined mean potential may be up to 63 MMBOE and the upside exceeding 332 MMBOE."
Apart from its holdings in Chad, ERHC recently signed a PSC with the Government of the Republic of Kenya on Block 11A in northwestern Kenya. The Company also holds working interests in six Blocks in the Nigeria-São Tomé & Príncipe Joint Development Zone (JDZ) as well as 100 percent of Blocks 4 and 11 of the São Tomé & Príncipe Exclusive Economic Zone (EEZ) with an option to acquire up to 15 percent working interests in two other EEZ Blocks.
About ERHC Energy
ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in Africa and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.
http://www.globenewswire.com/newsroom/news.html?d=262666
Favorites for week 1/24/11 WITH HIGH POTENTIAL FOR DAYTRADE OR SWING TRADE !
MCET,LCHL,PFVR,PRKR,RJA,UNG,UVFT
FEW ON CLOSE WATCH: WTCT,MRGP,NWTT,AEXP,AFYG,USAT
WINNERS TODAY IN CHATROOM ,
http://blog.stockefeller.com/
which chat room link please
PLAYS IN LIVE CHATROOM TODAY !
MKBY 65% ,MGON 28% ,TSTR 46% B/O GAPPER FOR MORNING,CVM V/STRONG CLOSE 18% UP TODAY,RAD B/O STAY ABOVE 1.08 @ 1.10 ON CLOSE ,NEXT RESISTANCE 1.20 ,JMBA B/O OVER 2.40 ON WATCH ,FRDM IN @.036 ON NEWS DOWN SLIGHTLY @.029 CLOSE ,.025 X.037 ON LVII,JMON ON WATCH SUB-PENNY MOMO PLAY .0001 X.0002,ANPI @.495 OVER .52 CLOSE SHOULD RUN /BOTTOM/BOUNCE PLAY ON NEWS ,WATCH CLOSE ! MDW @.61 = 200EMA, B/O OVER .62 ,THEN .67,THEN 73,.85,GOLD STOCK!
PAUL'S FAVORITE'S OTC.BB & PINKSHEET :
SDRG/V/STRONG CHART/SILVER PLAY,
PCLI/BOUNCE PLAY STRONG CLOSE FRI,
BEHL/BOTTOM PLAY/DIVEDEND PLAY/NEWS
TC2000 FAVORITE"S:
SIRI,URRE,HL ALL V/STRONG CHARTS,
QTM/BOUNCE PLAY/CHARTSCANNER PICK/I LIKE ALSO,
MTSN/BOOTOM PLAY /CHARTSCANNER PICK/I LIKE ALSO,
DPTR/BOTTOM PLAY CLOSE OVER .76 LIKE ALOT
TC2000 STRONGER CHARTS : HL,URRE,SIRI,NTWK,CGR,USAT,PLM,ALXA
BOUNCE :NWY,KRY,IMOS,QTM,RTIK,SMBL,CBB,PEIX
BOTTOM PLAYS : DSCM,MGI,MTSN,QBC,GMR,EDGR,DPTR
OTC.BB & PINKSHEET STRONGER CHARTS :
SDRG,MNEAF.AGXM,TECO,MXMI,EPGL,USCS,LTHU
BOUNCE :PCLI,EFLN,FRDM,JEDM,ZERO,INKN,MKBY,AGRT,HIDE
BOTTOM : STHG,SNEYD,EDWY,OWVI,BANID,OPTZ,FROI,SAEI,PPDC
Few plays for EOD ,POPN,TRDX,CWRN,SONS,IKTO,USOG,UTRM,ALKN,WNDT,BLUG
MDGC UP50% 2 DAYS ,SLGLF WENT FROM .0038 TO .0085 CLOSED .0051 TODAY ,IKTO .0006 TO CLSED .0008 TODAY ONE TO WATCH FOR TUESDAY,
AZC B/O LAST 3 DAYS ,SONS B/O 52WK HIGHS BUYOUT RUMORS LIKE OPTION PLAYS W/STOCK,MMG ABOVE .79 WILL RUN TO .85 LIKE ABOVE ,
FEW NEW STOCKS FOR TUESDAY ,USOG SETTING UP TO RUN ,FLTT,IWEB B/O,
BEHL BOTTOM PLAY,SFMI LIKE B/O OVER .20 TO RUN,IDTA ANY DAY CONTRACT OVER .0029 W RUN ,WOLV B/O LIKE TO SEE BREAK .17 THEN RUN TO .24,
ALL MINING STOCKS LOOK GOOD TO RUN IF GOLD & SILVER POP AGAIN IMO !FEW TO CHECKOUT !
MNEAF,FRLIF,SVMI,MDMN,GPRXF,UUARF,BHWX,SFMI,WOLV,CLHRF,SFEG,GHDC,
SMXMF,PEZGF=I DO OWN LT PLAY ,FVITF V/STRONG CHART,
FEW stocks to add for thursday :MDGC,SLGLF,EXTO,IKTO,
CDIV,BUGS,AZC,SONS,MMG
SMNG 14% WATCH FOR B/O OVER .082,aavg 31% ,AZC 8% ,NTMG 13%
HHGI is looking solid Madmax.
Few more stocks to add to list for tomorrow :
SUNV ,HHGI,SMNG,AAVG,RMDT,NTMG,WLGC,ATNP
POPN is ready for a run, it has been in this level for over 3 months now i think its ready to go to .005-.006 again where it belongs
This is why: Pop N Go's patented "watch it pop" fresh popcorn on demand technology will be married with AVT's patented Touch Screen vending system, a credit and debit card reader and a 22" LCD topper display using AVT's IVIDS system to optimize out-of-home advertising opportunities that Pop N Go's key demographics offer. So now POPN will have a 22” monitor on top of their new 9000 machines, advertising other Companies products and receiving revenues on a monthly bases.
How many Companies will find POPN’s machine more appealing now?
Lets say on the conservative side that POPN is able to get $50 a month from COCA COLA to advertise on each of their machines and they are able to get their NEW MODERN Machines with “AVT's patented Touch Screen vending system, a credit and debit card reader and a LCD topper display using AVT's IVIDS system to optimize out-of-home advertising opportunities” into all these Companies
POP N GO has agreed to expand its healthy popcorn vending machine program under the BE IN FRONT Marketing banner in up to 1000 LAUSD schools. POP N GO will install and service its machines at no cost to LAUSD.
http://www.vendingmarketwatch.com/online/article.jsp?id=24773
“the Company will test its flagship popcorn vending machine in the rapidly growing dollar store distribution channel. The five largest dollar store chains now total over 20,000 stores in the US.
http://www.reuters.com/article/idUS126971+14-Jul-2009+MW20090714
WALMART NEW DEAL COMING ???
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43319032
http://www.allbusiness.com/company-activities-management/company-structures-ownership/6030417-1.html
“the Company will test its patented popcorn vending machines at multiple locations throughout Foxwoods' facilities.”
http://www.foxwoods.com/Accommodations.aspx
http://www.reuters.com/article/idUS207073+25-Jun-2009+MW20090625
So now lets say between them and AVT they are able to get 20,000 to 40,000 of these machines spread out across the country
That’s $50 X’s 20,000 = $1,000,000 a month X’s 12 months = $12,000,000
And that’s without the POPCORN, now add that in at say an average of $300 a month for POPN after expenses
$300 X’s 20,000 = $6,000,000 a month X’s 12 = $72,000,000
I’m thinking that the new HIGH TECH machines will stir interest for the POPN Machines like never before.
Let’s see what the news to come brings and how far off I am.
FAVORITE PICKS FOR NEXT WEEK 8/30 :
PENNY STOCKS: #1 POPN ,#2 EXPH, #3 INIX ,#4 PPWE
BIGGER STOCKS: HL & MVG
WWW.STOCKEFELLER.COM
EARLY WINNERS TODAY : HSCO 172% ,EFIR,116%,MMUH 89%,,EXPU 41%,OTOW DAY2 27%,SRCP 24%,EXPH DAY 3 ON B/O CHART UP AGAIN 22%
FREE 2 WEEK TRIAL , GO TO, WWW.STOCKEFELLER.COM
GDHI 55%,XYNH 66%,MSOA 85%,OPMG 37% ,SATM 36%,OTOW 15%,APHY 26%,DGMA 166%,ZLUS 22%
Load IDGI for next few months......please check IDGI Ibox for all the due diligence!!!!
FEW WINNERS TODAY IN CHATROOM ,DGMA 200%+,APCX 192%,BLLD 100%,MSOA 133% AND MANY MORE !
FEW FOR MONDAY : SHAR ,IDGI,HNSS,SSYO,HSCO,GDHI,EXPH,KGRI,
BLVI,EYSR,IDTA
IWEB @.20 OVER .23 OFF TO RACES ,,FEW OTHER IN PLAY STOCKS ,QASP,PRPM,PEIX,BGNN,FLTT,USOG ,KHGT,DNRR OVER .04 A BUY
Hi, how about dropping over to the CHDO board and mention that CHDO is on your list.
Thanks
WATCHLIST FOR 8/16 WEEK :
PAUL'S FAVORITES: SBRH,AFYG,TAO,BZCN,GLCC,VGZ
TC2000 STRONGER CHARTS : AMCN,FTK,AZK,SONS
BOUNCE : VGZ,PLG,ILI,JOB
BOTTOM : NCOC CAEI,MGT,PMU,GIGM,FREE
OTC.BB & PINKSHEET STRONGER CHARTS :
VPRS,EVRM,MJNA,ETNL,YHGFF,MTRO
BOUNCE : BZCN,TAON,AFYG,EGIL,ZLUS,IFSL,DOLV,LEXO,FROI,SFMI
BOTTOM : SBRH,GLCC,EYSM,PDMI,DNRR,SHAR,CHDO,NEPH,FNDM
STOCKS IN PLAY TODAY ,LTHU,FLTT,PYBX,AKYI,LQMT,VCTY,CABN,WNBD,OTOW,
STOCK ON WATCH ,SMCE,RAD,SONS,WTU,FFGO,USOG,SMPP,SOIGF
CHECKOUT LIVE CHATROOM !
WWW.STOCKEFELLER.COM
IF WANT A FREE ONE DAY TRIAL EMAIL ME BACK !
STOCKS IN PLAY TODAY : FLTT 92%,NXXI,40%,VTSI 20%,CYBLD 216% ,MNDP 69% ,ECPL 62%,AMNG 42%,ESYR 40%,ATWT 22%
ALL CAUGHT TODAY IN LIVE CHATROOM !
Stocks for thursday 8/5,CVBT,CICI,EMXC,PSRU,MBHI,EVRM,XODG,TEGR,GU,CVM,ARTS
EMKR ,AMNP,XSNX,OTOW,XOMA,EEE,TBJK,TGGI,BDGR,BSHF,CVBT ALL IN PLAY TODAY
Trader specializing in penny stocks,many under .05
I am a momentum trader who looks for quick plays.
I never marry these stocks.
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