Dreamrchser........
In response to you query about the oil companies that you chosen. I live in Oklahoma, in the middle of oil and gas country. I've worked in the "oil" business as an engineer.
First of all, there is no shortage of oil at this time. Most of our reserves are going into the national security deposit instead of to the consumers. Secondly, OPEC has cut back production,coupled with our attempt to overthrow the government in Venezuela whcih has made them a bit testy, and thirdly; the devaluation of the dollar against the Euro has forced us to pay 20%+- more for crude; lastly, a lot of good ol' America greed...get the public used to paying a high price, drop back 20 cents and people think that they have a bargin at the pump. On cheap crude, oil companies can make up to 1000%, if they refine and sell their own.
I really can't tell you about your stock picks, but what I look at is recovery techniques, fracturing methods and their cost of production, where they are drilling, the field history and so on.
I recently bought 10,000 shares of AMRS.....they meet my criteria. I'm not making any recommendations, but it might be interesting to watch.
Sorry board for getting so far off topic. LONG on CMKX!!!!!!