Cougar Oil and Gas Canada Inc (fka COUGF)

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May you have to read this, if you trust on Ernest C. Schlotter, a senior analyst,

SISM Research Issues Update On Cougar Oil & Gas CanadaFont size: A | A | A8:20 AM ET 1/26/11 | BusinessWire
(Investrend Research Syndicate) -- Ernest C. Schlotter, a senior analyst with Zurich, Switzerland-based SISM Research and a four star analyst according to StarMine, has issued an update on Cougar Oil and Gas Canada, Inc. (OTCBB: COUGF) in a four-page report dated January 24, 2011, which includes an updated 18-month stock target valuation and analyst's rating/recommendation.

The full report includes important disclosures, disclaimers and analyst information. Investrend and SISM Research both advise investors to exercise a reasonable degree of due diligence before trading in the equities of any public company, including carefully reading entire analyst reports and report disclosures, and then only in conjunction with advice from a registered financial advisor or broker. Investrend and SISM Research both further advise that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of an investor's total investigative process. More about ratings and valuations is available via Investrend (at http://www.investrend.com/ratings).

A complimentary copy of the report is available for download via Investrend Syndications (at http://www.investrend.com/sism) as well as via the SISM Research website (at http://www.sism.com/researchreportscougar.htm).

According to Schlotter's report: "Over the past two months, Cougar shares have increased more than 160% (while the Russell 2000 small-cap stock market index rose 5.6%). SISM Research believes the performance of COUGF shares reflects a trickle of incrementally positive news that includes secured financing for seismic and drilling programs and the successful reactivating of a well in the Trout core area. Cougar excised warrants and obtained a $3 million credit facility."

Schlotter also noted: "Given the substantial resource potential on Cougar's land and the First Nation's Joint Venture project as well as a much higher estimated ultimate recovery (EUR) per well and much better economics than earlier forecasted by SISM Research, we increased our estimated Appraised Net Worth estimate for Cougar..."

Schlotter added: "At the current market valuation, we believe that investors are beginning to price in the fact that Cougar could become a 2,000-barrel-a-day company by the end of 2011. Looking beyond 2011, we believe that the current seismic program will identify approximately 20 new drilling locations and form the basis for a drilling and development program and, if successful, will increase proven reserves by 5 million barrels and double Cougar's light oil production to approximately 4,500 barrels-per-day by the end of 2012."

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