Oil Stock Report

[SeaOhToo]

alfa, more to the EOR.V release

"Acquisitions

Enhanced Oil is considering and evaluating acquisitions of strategic assets near to the company's existing fields where considerable synergy exists or that include natural gas components that present medium-term potential for gas price recovery. Currently, the natural gas market is at a decade low as near-term delivery of gas supply has reached an all-time high, making gas reserve pricing relatively affordable on British-thermal-unit basis. With cash in the bank and interest rates for producing properties at an all-time low, the company believes acquisitions to be a necessary part of its business plan for the next year.

They are sitting on $25.5 million in cash and no debt.