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APAAF (API:CSE) recent article on Appia Rare Earth and Uranium Corp. by Jack Lifton, global rare earths metals expert. (He is also on the advisory board of Appia).
Article
TRLEF/TCF.cn +.0165 to US$.30
Trillion Energy announced they signed the contract for a drilling rig to begin drilling their SASB project offshore Turkey in July/August 2022. They also recently closed a financing of over $10million.
Trillion is unusual because the field they are drilling has already been producing and the four initial drill sites have already been drilled and proven to have gas. There is probably some risk of mechanical failure but largely low risk drilling. In addition, the drilling will be conducted from already existing drilling platforms. The producing portion of the field already has connections to a shore based production facility owned/operated by Trillion's partner, the national gas company of Turkey. So once drilled, the wells will be brought on production within 40 days of spud plus completion time..
This short time frame should allow Trillion to reach cashflow positive status relatively quickly. Another positive is that the Turkish national energy company, Trillion's 51% partner in the project, has recently raised ngas prices to just under $18/mcf.
https://trillionenergy.com/2022/05/18/trillion-energy-international-signs-drilling-rig-services-contract/
Here is the latest investor presentation from Trillion just a few days ago.
https://trillionenergy.com/wp-content/uploads/2022/02/Trillion-Energy-Investor-Presentation-May-2022.pdf
Pick 4 Contest # 16 Deadline In Less Than 6 Hours Away
Remember to get your picks in before Today’s Close. Below is the link to the board.
https://investorshub.advfn.com/Pick-4-Contest-No-16-41115
Pick 4 Contest # 16 Deadline Friday
Remember to get your picks in before Friday’s Close. Below is the link to the board.
https://investorshub.advfn.com/Pick-4-Contest-No-16-41115
The sustainable energy sector is growing and companies like Clean Vision Corporation, a leader in the hydrogen market, are working to advance the clean energy sector. Their subsidiary, Clean-Seas Inc., supports emerging ventures in the green economy. Clean Vision is moving further with continuous growth. It has seen a spike and still going up! Buy now before it's too late!
https://www.influencive.com/clean-vision-addresses-the-issue-of-plastic-waste-in-the-oceans/
ROK.V - cheapest oily small tsxv producer
Disclosure: bought CAD $100k here before latest presentation was out at 0.26. Still should double from today in 2022. Sharing here as this is where my investing board journey started!
Me = energy realist on CEO
My ROK back of envelope
You were sure right about that , touched $4 on Friday ...
Thank you, much appreciated.
IPO.TO/IPOOF updated comp sheet
@tr8dervic - reserves here, or, look at InPlay's press release for this week.
Reminder: I'm very long since the 0.70s but I think many here have tagged along!
Updated Comp Sheet
Thank you for the heads up. Do you have a an estimate of proven and probable reserves?
Tia,
Vic
IPO,TO/IPOOF
Follow me on Twitter and I’ll update my TSX small oil producer (5000-20,000 boepd, >50% oil and liquids) compset. Likely tomorrow. Art to this but idea is to use all company disclosures, no judgement, hinged completely on reality, not fantasy.
This is the last attempt linked below but I was too bullish across the board on price increase on NGLs (most getting CAD 50-60/bbl currently).
Nevertheless IPO was, and still is, the cheapest company in this range on a cash flow or free cash flow basis. Yangarra appears to have cheaper reserves but they are lower quality assets that consistently underperform on capex requirements.
Disclosure: locked and loaded here with multiple 6 figure position but I haven’t diversified YET because InPlay keeps remaining cheap!
My Comp Sheet
IPO.T it will come
No big banks cover it. Word will get out. It is only the small niche Canadian iBanks (or rather iDesks) that cover it:
Analysts
IPO.T still at $ 3 Canadian , what am I missing here ...
https://stockhouse.com/news/press-releases/2022/03/16/inplay-oil-corp-announces-record-setting-2021-financial-operating-and-reserves
CNQ appears to have broken out. There is apparently no good predictor of an upside target.
With the major producers being taken out and shot (Gazprom, Rosneft) the clear path may be muddled for a while.
TCF - huesos were you trolling LOL?
Can confirm I looked hard at TCF last week. I doubt anything will happen quick now with seas around Crimea militarized.
There is a good board over at ceo.ca on this. I asked a question and it sounds like the financing needed to start production is almost a done deal it just needs to close.
I'm @energyrealist over at CEO:
Question on TCF financing
Gazprom OGZPY is being pummeled on the fke news campaign to cover the covid failure. If this can break 5 or lower, it may be the best buy you see in the sector.
Nope, looks like more spam is in order.
$CLNV - CleanVisionCorp's finalization of its hydrogen fuel cell license arrangement puts its AquaH hydrogen product on the map in a big way. I'm thinking this will be a catalyst for growth and the company is set to hit another spike.
https://pubcoinsight.com/2022/02/16/waste-to-energy-stocks-12/
Price action has entered a zone of increased volatility. Big rush to take profits. Let's see some discussion on TCF and it's prospects in stead of the usual spam on this board.
$CLNV - Clean Vision Corp to improve the conversion of mixed plastic wastes into hydrogen for power generation. Investors should pay attention to this renewable market sector particularly in $CLNV which has great potential.
HME.V CEO interview today
Use Twitter on your laptop for the Spaces add-in. I’m on my ipad so can’t see time but Shubham will record it.
All set for our Spaces tomorrow with @djsdjs77 of Hemisphere Energy. Intro to $HME.V followed by open Q&A session. See yall there! 🛢💰
— Shubham Garg (@WhiteTundraSG) January 25, 2022
https://t.co/rpkrPRleBu
HME stock price has held at an elevated level for an extended period. It looks solid. Take a look at the current price movement in CNQ as a template for what may happen here.
Pick 4 Contest #15 Deadline Less than 6 Hours away
Remember to get your picks in before Today's Close. Below is the link to the board.
https://investorshub.advfn.com/Pick-4-Contest-No-15-40714
As a Greentech company, CleanVisionCorp - $CLNV is addressing the planet’s needs for waste collection and transport, attracting investors as it is a duty to care for our Planet! Prices for stocks of this caliber won’t stay at current levels long.
https://marketsherald.com/capturing-the-plastic-waste-market-is-no-easy-feat-but-clean-vision-corp-is-up-to-the-task/
Pick 4 Contest #15 Deadline Friday
Remember to get your picks in before Friday's Close. Below is the link to the board.
https://investorshub.advfn.com/Pick-4-Contest-No-15-40714
GASX.V - Thanks for the reply. Yes I sold out of my position into the strength as it continued to rally. All it takes is comparing market cap vs Canacol to know something is a bit goofy or would be an argument that Canacol is ridiculously undervalued
$CLNV - CleanVisionCorp Clean-Seas is helping communities around the world implement technology to reduce pollution and generate benefits for multiple stakeholders. CleanVisionCorp's Clean-Seas Signed MOU with the Indian Institute of Chemical Technology for Product Development and Deployment! $CLNV is set to hit a spike soon. Just saw the news on their website: https://www.clean-seas.com
HME.V Cheap Micro-Alberta Oil Producer
Page 8 of November Pres is a good place to start. 2P (TP) NAV at $70 WTI is $2.68/share vs. $0.98 close today ($C).
$C 90mm market cap currently.
[urlhttps://www.hemisphereenergy.ca/sites/default/files/2021-12/HME%20Corp%20PPT%20Nov%20MARKETING%20TRIP.pdf][/url][tag]November Pres[/tag]
Otherwise this is a 2022 2,550 boepd (90%?) oil producer with only $C 16mm of debt and a very low decommissioning liability and a 19 year reserve life index. They have two oilfields under waterflood and production growth in 2022 is already paid for and comes from a polymer flood. 2023 production upside is from polymer flooding the other oil field.
Opportunity best summarized here:
Seeking Alpha Article
GASX.V Took a long look.
It is very overvalued now. Overhyped during the 2021 global gas crunch and will digest the big run for a while IMO. Serafino the CEO is very astute at dropping nuggets that simply aren't realistic like getting to 200,000 mcfd in a few years (Canacol still isn't there sustainably) and their SINU-9 wells producing at 30,000 mcfd (not realistic, ONE of Canacol's well produced above this for 24 hours from two zones, LT production rate more like 10-15,000 mcfd).
It is Colombia and if you followed Canacol there will be disappointments on drilling timelines, but mostly, pipeline completion and connection timelines. I've looked at retail investor comments on CEO.CA and everyone is so bullish on this stock and have bought into the 200,000 mcfd hype that there will be a big stampede to the exits at some point in 2022 when those expectations aren't met.
I looked at what Canacol trades at on an EV/boepd basis and the market is currently valuing GASX like they are production 36,000 mcfd while they are actually producing nothing.
Near term opportunity would be if their Maria Conchita assets come online at a far lower production level than market anticipated (they are expecting 20,000 mcfd+) OR it turns out they actually can't sell their gas at US 7.00 to 7.50/mcf like Serafino was promoting and this fact becomes another highly promotional point.
I will own at some point in 2022 most likely but will wait for a big sell off when the global winter gas market chills out. Stock will probably come down with that as most of the SINU-9 wells won't be drilled yet.
The SINU-9 assets could be a company maker so I'm following.
Update! and some recommendations
I’ve guided the combined portfolio of myself and my partner into millionaire status thanks to going all-in oily producers since September 2020 (plus one miner)! Whoo hoo!
All this years of early morning PST market wake ups and patience paid off in a very short time frame!
A couple notes:
- check out HME.V Hemisphere Energy for a little known Alberta oily producer
- have a big position in TAL.V which is drilling Mart Resources-style wells (9000 boepd) into their Bretana Peru Amazon Basin field. Only problem is getting oil to market. Added more on last selloff at 0.30 and would love a triple on that. Will sell on big move as shipping oil on the Peruvian Amazon-to-Coast pipeline is a nightmare. Will always be undervalued but can produce up to 30,000 boepd in 2023!
- still holding IPO.TO as a smaller Alberta Producer still trading at 2022 2.5X EV/FFO at $70 WTI. Another big position.
- rationalized more capital into FEC.TO today. Not really any downside and is about to report results on KAWA-1 offshore well in Guyana in next couple weeks. FEC.TO owns more than 80% of OYL.V who is drilling the well. 35,000 boepd Colombia producer, formerly part of Paific Rubiales
I’ll post my thoughts on GASX.V and HME.V seperately.
$CLNV - Clean Vision’s Clean-Seas to Enter $125 Billion Global Hydrogen Economy; making it the Early Leader of Clean H2 Generation Tech with Its "AquaH(TM)" in India. I'm thinking this will be a catalyst for growth.
Surprised there hasn't been more postings here given the cashflow O&G companies have been enjoying.
GASX.v basically another Cannacol Energy. Still below what should be 1x cash flow for 2022. Good potential that the company's reserves are greater than Cannacol
$KNDI Electric Vechicles Energy
$ALYI Electric Vechicles Energy
$IDEX Hydrogen Power Energy
$FCEL Hydrogen Power Energy
PFIE @ @1.19: ProFire Energy. Unknown. Growing. No debt. PFIE Share BuyBack Program starts 10/15. Friday. Major....Link:
PFIE a terrific energy play that is just getting found.
Ripper at any time....Like PED, SDPI, etc
Link:
https://finance.yahoo.com/news/profire-energy-authorizes-share-repurchase-130000579.html
worldwide natural gas prices are soaring to the $30/mcf range. CNQ is a big gas producer. However Canada has not built much LNG export capacity so not sure CNQ is going to benefit from world prices. US prices have risen to $6/mcf due to the worldwide shortages but even there our export capacity is almost maxed out so we can't just sell more at $30/mcf. Most export LNG deals have set pricing due to oil link or some other fixed mechanism.
Something is up with the sector in the face of an overall stock market correction: https://stockcharts.com/h-sc/ui?s=CNQ
yeah, not sure why the sudden upsurge. Company has not delivered on promised big announcement in early September about drilling/financing.
The opportunity is there but company has struggled to line up financing.
Ngas pricing in the rest of the world is going thru the roof! $30/mcf???? yikes. We are short on storage but the LNG export plants are maxed out or our prices would be going thru the roof too. Ngas is close to $6/mcf, which is really high.
TCFF has to sell to Turkey so they can't lure financing based on higher world prices( like Asia!) Still surprised someone in Turkey doesn't step up with $15million and get a royalty on every mcf. The situation with TCFF seems almost too good to be true. All that capital poured into platforms and previous drilling makes it seem like a minimal risk situation but TCFF can't get the $15-20 million in the door to start the ball rolling. Once they drill one or two successful wells, they should be able to finance future drilling.
I don't have much invested but enjoying the ride.
TCF is obviously risky but right now it is working: https://stockcharts.com/h-sc/ui?s=TCF.CA
GSPE Best risk/reward I know of in a penny exploration stock.
Under $18M market cap for one of, if not THE best speculative exploration stocks
The company has several drill-ready prospects in the 100's of Millions BBL
Next GOM lease sale approaching for additional block that partners may have interest in for a larger drilling campaign than just Tau2 and Corvette.
around $15M cash value of NOLs (figured at about 20% tax rate)
No debt except insider held CDs (fixed rate higher than current SP, not toxic variable rate)
Exploration environment is great and getting even better
Price and volume today will be setting off scans tonight
PANR.LN Pantheon Resources is an advanced exploration company with what appears to be a massive oil deposit adjacent to the TAP and highway on the north slope.
Very interesting technical presentation linked below, the most impressive of which IMO is the 3D modeling of the different reservoirs.
TEXC 12 bagger on rush of POS to keep current.
Yes, pretty typical response after a 30 percent one day pop. The price is going to keep sliding until they convince investors that they have the money. Even then, they have to prove that the gas is there and they can hook up and produce. And they have to pray Turkey is relatively stable.
Definitely high risk,high reward situation.
TCF really tired to take off but is moving toward a return to the recent lows.
Trillion Energy TCFF/TCF.CN +.051 to US$.215
Trillion Energy started out 2021 at around .05 and soared to US$.52 in early March 2021 after their story was told on some investment sites. Since then, the stock has steadily fallen, hitting a near term low of .14 a few days ago.
https://mk0tupejabahidi1sv4j.kinstacdn.com/wp-content/uploads/2020/10/Trillion-Energy-International-Inc.-Investor-Deck-Feb-2021-1.pdf
The corporate presentation tells the story well. Trillion owns 49% of the SASB ngas field offshore Turkey in the Black Sea. Their partner is TPAO, the Turkish national energy company. The SASB field was developed 2007-2011 by investing over US$600 million and has produced 41BCF since then.
SASB has 4 offshore production platforms in shallow water. During development, 6 wells were drilled, tested but never produced. Trillion intends to redrill those wells and put them into production. One of the wells tested over 7MMCFPD! 2P Reserves are 41BCF so Trillion's share is 20BCF. In addition to these wells, there are 7 more that have 80% chance of successful production near the platforms.
Trillion was founded by Art Halleran. Halleran also cofounded premier ngas producer in Colombia Canacol Energy. He has been working without a salary, preferring to take stock options in lieu of a salary.
Trillion needs somewhere around US$10million+ to drill the first 6 proven wells. The wells can be hooked up to the existing platforms and there is already pipelines to an onshore facility ready to accept the new production.
They had the financing lined up just as COVID struck. COVID has delayed the financing and also delayed permit approvals from the Turkish government.
So this company has 41BCF in reserves and could be in production as early as 1/22 IF they can close on a financing and get the first 6 wells producing. After that, they plan to use the cashflow from the first 6 wells to finance the next 7 that are high percentage prospects. In addition there are other prospects near the 4 platforms that could keep growing production in the future.
But so far, the financing has been slow to materialize. And this has caused investors to have doubts and slowly drained the share price to the recent .14 level. The company published Q2 reports and said there would be financing news in early September. This has generated a rising stock price, including today's 30% gain.
Trillion looks very undervalued, even at .215. They could be worth a couple of dollars under ideal circumstances and possibly more. BUT they still don't have drilling money yet. AND Turkey is a risky country to invest in. BTW Turkey is paying above market rates for ngas, currently over $5/mcf. So if they can get into production, they can sell all the production at above market rates.
I think this story sounds very plausible and we should find out if it's a hit or a miss very soon.
Bobwins
The Junior Energy board is designed to highlight undervalued junior energy stocks. Commodity prices are going to be volatile and difficult to predict even though the fundamentals point towards higher prices. To help offset the volatility in prices, we are looking for strong increases in production and low price to cashflow or p/e ratios.
Uranium stocks are more difficult to handicap because there are so few producing companies and even fewer profitable companies. To help narrow the search, we will focus on near term producers that have defined deposits and have goals to produce uranium within the next three years.
Many energy stocks are listed in Canada. That is especially true of uranium explorers. However we will discuss any stock that can be traded in the US and Canada thru direct listing or a pink sheet alternative.
Bobwins
Favorite oil plays:
Sundance Energy Australia Limited SEA.ax/SDCJF.pk
S.O 276.7 M
Sundance has assembled 115,450 net acres in various shale oil plays in the US. Their holdings are focused in the Bakken and Niobrara. Company philosophy is to buy the land early and cheap and then sell to bigger JV partners who pay a majority of the cost of drilling. This reduces risk and costs to Sundance. During 2011, Sundance and it's partners will be drilling up to 114 Bakken wells. Sundance exited 2010 around 1,000boepd and is forecasting a 2,000boepd exit rate for 2011. The Niobrara is the next big opportunity for Sundance. They have sold land to Noble Energy with a 3.7% ORRI and JV'd a small parcel with Halliburton. Right now they have a higher working interest in the remaining Niobrara acreage but could sell down more to reduce risk. Sundance also has another early shale oil play in the Atoka, which is in Colorado. May be some exploration by others in the area in 2011. Pawnee is a new area in Kansas/Oklahoma that Sundance has just entered. Sundance has a nice land package in several areas. Their mgmt is excellent and has been grown the company in a low risk way by selling land and working interest to lower cash requirements. As production is increasing, cashflow will provide much of the funds needed to drill and acquire land, reducing the need to issue shares.
http://www.sundanceenergy.com.au/ http://www.sundanceenergy.com.au/2011/03.07.11-SEA%20March%20Roadshow%20Presentation.pdf
Mart Resources MMT.v/MAUXF.pk
S.O 335.5 M F.D. 342M
Mart Resources is a Canadian producer working exclusively in Nigeria. They have been developing what Nigeria considers a marginal field,Umusadege. Umusadege production has grown significantly over the past two years as Mart drilled UM-6 and 7 in 2010 and each tested multiple zones with test results over 10,000bpd each. Each is producing in the 3,000 to 5,000bpd range with several zones behind pipe. UM-8 is being drilled in July 2011 and should be completed and producing by late 2011. Gross production for the field should move over 10,000bpd. Recently Mart has suffered from takeaway pipeline capacity problems. They had an outage in December 2010 when the pipeline was damaged in an explosion. That caused a shutdown for several weeks. Mart still got the revenue from the pipeline company and had to make it up during Q1 2011. With the new wells coming online, Mart has tried to arrange for more capacity. They had a preliminary agreement to boost takeaway capacity to 20,000bpd gross from AGIP, the pipeline operator. Recently they were told the fee for pipeline losses would jump from 1 to 1.5% to over 11%. Mart refused to pay and AGIP has restricted capacity back to the original agreement of around 8500bpd. Mart is negotiating with Shell to build a second pipeline but is at least 1 year away from having a second option. There is likely room for negotiation with AGIP but this takeaway capacity is a crucial near term issue for Mart. In addition to several more development wells at Umudasege, Mart is actively trying to secure additional marginal fields that Nigeria is putting up for bid.
Mart is an undervalued producer. The Nigerian location is a negative as well as the dependence on Umusadege field for all their production. However the production could grow to as much as 30,000bpd gross in 2012 so the company has near term upside. Mart is selling for around 2X fwd cashflow. However the pipeline issue could delay achieving the projected cashflow.
http://www.martresources.com/
Latest presentation from 2011 AGM:http://www.martresources.com/wp-content/uploads/2010/06/21/events/Mart-Resources-corporate-presentation_June24_updated-2.pdf
Saratoga Resources SROE.ob
S.O. 19.7 million
Saratoga Resources is a US based driller with significant acreage in the shallow Gulf of Mexico. Their acreage is in areas governed by the State of Louisiana versus the deeper Gulf waters governed by the Federal authorities. Saratoga got into cashflow problems and went into Chapter 11 bankruptcy to protect it's assets. The lenders wanted to dilute common shareholders out of the picture and take over the assets. Mgmt are big common shareholders and resisted the proposals and worked thru the court system. Two years later, Saratoga has paid off all vendors and has finally refinanced the old lenders. This should free them up to get better financing and aggressively drill out their near term prospects. Current production is around 2,850bpd with plans to increase production to 4,000bpd by the end of Q3.
Saratoga has a PV10 value of 1.3 billion using total resources and 438million using total reserves and 12/31/10 strip pricing. The current market cap is around 100million. Very undervalued versus resources. Cash has not been available for Saratoga to aggressively drill. The situation is improving with a recent financing giving Saratoga an expanded capex budget to pursue what they say is hundreds of drilling opportunities. They are focusing on oil heavy prospects but the majority of their reserves are gas. Saratoga has several deep Gulf prospects that they are seeking to JV. The recent refinance of their long term debt should allow them to negotiate from a stronger position. Many would be partners have been concerned about Saratoga's ability to finance their end of the deal.
http://www.saratogaresources.net/
Favorite gas play:
Favorite Oil Sand Plays:
Oil Sand Charts: http://investorshub.com/boards/read_msg.asp?message_id=21045182
PETROBANK ENERGY AND RESOURCES PBG.to PBEGF.PK
http://www.petrobank.com/
S.O. ~76million
F.D. ~89million(8.9million convertible+4 million options)
Southern Pacific Resources Corp. STP.v STPJF.PK
http://www.shpacific.com/
S.O. 41M
F.D. 55M
STP has 80% interest in 25 contiguous sections of oil sands.
If STP can deliver the increased new 43-101 resource estimate at 300-500 million barrels in early June, with only 55M shares fully diluted, it will be one of the cheapest oil sand resource companies in Canada.
Alberta Oil Sands(Platform Resource) AOS.v AOSDF.PK
http://www.platformresources.com/
S.O. 39.0 M
F.D. 42.5 M
PFM owns 40 sections (25,600) Acres of lease in Athabasca oil sands area in northeast Alberta. 23 sections have estimated an undiscovered resource of 1.15 billion barrel of initial bitumen
in place (IBIP). The other 17 sections are not explored.
Patch International PTCH.OB
http://www.patchenergy.com/s/Home.asp
F.D. 33.4M
PTCH own 75%-80% interests of oil sand leases, after spending the exploration capital.
Ft. McMurray Oil Sands Area
The Ft. McMurray Oil Sands Area oil sands leases consist of Dover/Ells (32 gross sections, 25.6 net sections) and Firebag (18 gross sections, 13.5 net sections).
PTCH claims to have 1.5 billion bbls bitumen in place (gross)
Muskwa Oil Sands Area
In townships 85/86 and ranges 24/25w4 the Corporation has 10 gross sections (7.5 net) of oil sands leases in the Muskwa area.
NORTH PEACE ENERGY (NPE.V NPCEF.PK)
http://www.northpec.com/
S.O. 26.3 M
F.D. 34.3 M
Approx 60,000 net (86,000 gross) acres of prospective oil sands leases in north central alberta
Initial results confirm the estimated discovered resource in the order of 2 to 3.1 billion barrels.
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