Financial Gravity Companies Inc. (FGCO)

[pivotpoint1]

Check this out fastmoney POIL's Lacadena Natural Gas Project:



http://www.poil.us/projects

Location: Shackleton, Sask., CAN
Type of project: Natural Gas
Status: Shut in for maintenance
Number of wells: 27

Consisting of 9600 acres of prime energy rich land within the prolific Western Canadian Sedimentary Basin, the Lacadena Project currently contains 27 natural gas wells.

The potential of this play is massive for Pacific Oil due to the overall size of the project but more importantly the extremely positive geological data that has emerged. A number of additional viable drilling targets have been identified to have positive metrics as well as a low risk, high reward profile.

In addition to existing natural gas production, Pacific Oil strongly believes it can expand the project to produce light sweet crude through paced capital expenditures.

Pacific Oil company is excited about Natural gas for the following reasons:

1) Energy is a natural hedge against inflation of the US dollar

2) Goldman Sachs is bullish (long) on natural gas. A Goldman analyst even called it “the new safe haven.”

3) The days of “King Coal” in the generation of electricity are drawing to a close. U.S. power plants produced an equal amount of electricity from gas and coal in April 2012 for the first time. Roughly 90 GW worth of power plants are set to retire by 2020. Natural gas set to be #1.

4) Across North America entire fleets of heavy-duty trucks have been retrofitted for Natural gas, while refueling terminals have been popping up near interstates in the U.S. to service company-designated vehicles.