Lions Petroleum (fka LPET)

[EricVan]

Some nice Info from the company's PPT presentation ;)

little debt
strong ties to major independent
North American Focus
Producing wells
ambitious growth plans

Porfolios
Lavaca County
-Producing since the 40s
-25 comapnies curently drilling
-Sun Coast Technical Services Partnership
-Promising Geology

Canada Williston Basin. Saskatchewan
-Ancient Formations
-1,119 acrees leased

Wolverine District, Alberta
-Devonian, Mississippian and Cretaceous formations
-Significant gas reserves
-649 acres under lease

float around 1.5 million. Looking cheap here @ 25 cents. Market Cap is ~3.4 mil.
http://www.lionspetroleum.com/company_presentation.html