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Monday, October 27, 2014 8:56:32 AM
Research Report in PDF , click the link below for it
http://alturl.com/npzgi
Conclusion:
Pacific Oil Company is well-positioned to capitalize on its ownership of potentially lucrative oil and gas interests in the energy rich province of Saskatchewan, Canada by implementing a diverse and potentially lucrative business model. The Company has a 64% working interest in a 12 well heavy oil producing project and a 27 well natural gas project that sits on 9600 acres that could potentially produce light sweet crude oil as well.
In order to take advantage of the strong global energy demand, management is growing the Company through a combined organic and inorganic strategy. Leadership has already demonstrated its desire to grow swiftly through acquisition, as evidenced by the recent bid submission to acquire a total 67 oil wells on or adjacent to the Maidstone site and talks with a seller regarding the acquisition of 11 natural gas wells neighboring the Lacadena site.
Going forward, Pacific Oil’s production and acquisition programs should serve as catalysts to drive the shares higher. Thus, investors have the opportunity to enjoy the hockey-stick type growth associated with junior oil and gas production stocks as milestone events are achieved. Therefore, we rate these shares Speculative Buy with a $1.25 price target.
$POIL
http://alturl.com/npzgi
Conclusion:
Pacific Oil Company is well-positioned to capitalize on its ownership of potentially lucrative oil and gas interests in the energy rich province of Saskatchewan, Canada by implementing a diverse and potentially lucrative business model. The Company has a 64% working interest in a 12 well heavy oil producing project and a 27 well natural gas project that sits on 9600 acres that could potentially produce light sweet crude oil as well.
In order to take advantage of the strong global energy demand, management is growing the Company through a combined organic and inorganic strategy. Leadership has already demonstrated its desire to grow swiftly through acquisition, as evidenced by the recent bid submission to acquire a total 67 oil wells on or adjacent to the Maidstone site and talks with a seller regarding the acquisition of 11 natural gas wells neighboring the Lacadena site.
Going forward, Pacific Oil’s production and acquisition programs should serve as catalysts to drive the shares higher. Thus, investors have the opportunity to enjoy the hockey-stick type growth associated with junior oil and gas production stocks as milestone events are achieved. Therefore, we rate these shares Speculative Buy with a $1.25 price target.
$POIL
Recent FGCO News
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 01/13/2026 10:17:22 PM
