Oil & Gas - E & P Recommendations

Manitok Energy Inc.

Chad Ellison, Dundee Capital Markets (4/16/14) "MEI's year-end reserves showed 60% net asset value/share improvement."

Cub Energy Inc.

The Mining Report Interview with Etienne Moshevich (4/15/14) "KUB's netbacks are very high, something I look for when evaluating oil and gas companies."

Pan Orient Energy Corp.

Bill Newman, Mackie Research Capital (4/15/14) "A successful pilot program at POE's Swan Lake should be a catalyst."

WesternZagros Resources Ltd.

The Energy Report Interview with Matt Badiali (4/10/14) "WZR found oil, vetted it and now has a permit to produce it. That pushes it up into the No. 1, No. 2 draft pick area."

Madalena Energy Inc.

Deborah Bacal, Proactive Investors (4/10/14) "MVN's Vaca Muerta acreage should be worth $1.1B based on YPF's claims."

Pan Orient Energy Corp.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (4/4/14) "Below $2, with so many catalysts coming, POE is absolutely a steal."

Mart Resources Inc.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (4/3/14) "MMT graduated to the Toronto Stock Exchange this week."

New Zealand Energy Corp.

David Buma, M Partners (4/3/14) "NZ could be producing 500–550 boepd by the end of April."

Bill Newman, Mackie Research Capital (4/2/14) "NZ's focus is on low-cost, low-risk production from well workovers."

Christopher Brown, P. Eng, Canaccord Genuity (4/2/14) "In 2013, NZ increased its 2P reserves 145% over those of 2012."

Mart Resources Inc.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (3/27/14) "MMT has extremely important milestones coming."

Cub Energy Inc.

Christopher Brown, P. Eng, Canaccord Genuity (3/26/14) "KUB is beginning to ramp up production on its Makeevskoye and Olgovskoye blocks."

Etienne Moshevich, Alphastox.com (3/21/14) "KUB has begun drilling the Rusko-Komarobske-21 well in the Ukraine."

Madalena Energy Inc.

Geoff Ready, Dundee Capital Markets (3/18/14) "MVN's Vaca Muerta is an industry darling that could easily attract a JV partner or an outright buyer."

WesternZagros Resources Ltd.

David Popowich, Macquarie Capital Markets (3/14/14) "WZR is funded and focused on development."

Pan Orient Energy Corp.

Bob Moriarty, 321 Energy (3/13/14) "I think it's pretty easy to see the potential of POE."

Energy XXI

Andrew Coleman, Raymond James (3/13/14) "EXXI announced it would acquire Energy Partners Ltd. in a $2.3B deal."

WesternZagros Resources Ltd.

David Dudlyke, Dundee Capital Markets (3/13/14) "WZR expects to double well production capacity."

Energy XXI

Brian Foote, Clarkson Capital Markets (3/12/14) "EXXI's newly acquired acreage positions fit like a glove."

Torchlight Energy Resources Inc.

The Energy Report Interview with Michael Breard (3/11/14) "TRCH is a small company with a property in the Eagle Ford that provides cash flow."

Caza Oil & Gas Inc.

Jamie Ashcroft, Proactive Investors (3/11/14) "CAZ has revealed its latest success in the Bone Spring play in New Mexico."

Ashley Kelty, Cenkos Securities (3/11/14) "We anticipate that reserves and production will grow materially for CAZ in the next 6–12 months."

Energy XXI

Morning Coffee (3/7/14) "EXXI is one of our top gas picks in the exploration and production space."

Aroway Energy Inc.

Devin Shire, Seeking Alpha (3/6/14) "ARW has a very clean balance sheet and compelling valuation."

New Zealand Energy Corp.

David Buma, M Partners (3/5/14) "We highlight NZ's return to production growth, now underway."

Bill Newman, Mackie Research Capital (3/4/14) "There is much upside for NZ stock in 2014."

Pan Orient Energy Corp.

Bill Newman, Mackie Research Capital (3/3/14) "The potential for a large cash payment followed by a carried, multiple-well drill program should cause a run in POE's stock price."

Mart Resources Inc.

Amin Haque, MGI Securities (2/28/14) "MMT is poised to become a successful midcap crude producer in 2014."

Manitok Energy Inc.

Daniel Choi, Clarus Securities (2/28/14) "MEI's disposition brings greater focus into several core areas while making the robust balance sheet even stronger."

Mart Resources Inc.

The Energy Report Interview with Justin Anderson (2/27/14) "If MMT's Umugini pipeline gets commissioned, production goes past 20,000 bbl/d and the losses are cut to under 5–10%, that would be a positive thing for the stock, there's no question."

Manitok Energy Inc.

Chad Ellison, Dundee Capital Markets (2/27/14)

Pan Orient Energy Corp.

Bill Newman, Mackie Research Capital (2/26/14) "A potential large cash payment followed by a carried, multiple well drilling program should cause a near-term run in POE's stock."

Chen Lin, What Is Chen Buying? What Is Chen Selling? (2/26/14) "POE has started to drill the high impact well in Thailand."

Midland Exploration Inc.

Eric Lemieux, Laurentian Bank Securities (2/24/14) "MD is very well positioned in Quebec, with a diversified portfolio of properties."

Royal Dutch Shell Plc

Pim Keulen, Seeking Alpha (2/24/14) "RDS is on track to improve profitability."

Pan Orient Energy Corp.

Bill Newman, Mackie Research Capital (2/19/14) "New reserves from Akatara could be a significant addition to POE."

Madalena Energy Inc.

The Mining Report Interview with Keith Schaefer (2/18/14) "If you apply the transaction metrics that are going on in Argentina to MVN's land block, the stock is a triple from here."

Manitok Energy Inc.

The Mining Report Interview with Keith Schaefer (2/18/14) "MEI has a lot of leverage because even at very low gas prices, its wells were paying out in 8 to 10 months."

Torchlight Energy Resources Inc.

The Energy Report Interview with Bob Moriarty (2/13/14) "TRCH is a $5 stock that could easily go to $10 or $15."

Madalena Energy Inc.

Darrell Bishop, Haywood Securities (2/13/14) "MVN is well positioned to benefit from the turnaround in Argentina."

Mart Resources Inc.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (2/13/14) "MMT is still on schedule to complete its new milestone pipeline in H1/14."

WesternZagros Resources Ltd.

David Dudlyke, Dundee Capital Markets (2/13/14) "The scale of WZR's Kurdamir discovery remains undiminished following the Kurdamir-3 well test results."

Madalena Energy Inc.

Darrell Bishop, Haywood Securities (2/11/14) "Argentina and Canada both offer MVN strong upside potential."

Bill Newman, Mackie Research Capital (2/11/14) "The massive resource potential of MVN's Vaca Muerta play influences our Buy rating."

Energy XXI

Andrew Coleman, Raymond James (2/10/14) "EXXI's exploration catalysts are firming in late 2014."

Michael Glick, Johnson Rice & Co. (2/10/14) "EXXI should be in a position for strong oil growth in Q4 FY/14 and into FY/15."

Pan Orient Energy Corp.

Bill Newman, Mackie Research Capital (2/10/14) "POE could substantially increase Thailand reserves and production in 2014."

Energy XXI

Brian Foote, Clarkson Capital Markets (2/7/14) "For EXXI,10% oil production growth appears achievable."

Royal Dutch Shell Plc

The Energy Report Interview with Chen Lin (2/6/14) "RDS' partner, Terrace Energy, is a very attractive takeover target for the company."

Mart Resources Inc.

The Energy Report Interview with Chen Lin (2/6/14) "2014 will be a very important year for MMT."

Pan Orient Energy Corp.

The Energy Report Interview with Chen Lin (2/6/14) "To make good money, investors need to look ahead of the crowds. And that is why I have been buying POE."

New Zealand Energy Corp.

David Buma, M Partners (2/5/14) "NZ's production is moving incrementally higher."

Caza Oil & Gas Inc.

Jamie Ashcroft, Proactive Investors (2/5/14) "CAZ revealed a 32% increase in production in the last three months of 2013."

New Zealand Energy Corp.

Bill Newman, Mackie Research Capital (2/4/14) "NZ has realized some key operational efficiencies, reducing costs."

Royal Dutch Shell Plc

Achilles Research, Seeking Alpha (2/1/14) "RDS is a great long-term investment."

Fadel Gheit, Oppenheimer & Co. (1/30/14) "RDS' reduced capex, boosted asset sales and improving competitiveness are good moves."

Torchlight Energy Resources Inc.

Joe Giamichael, Umbrella Research & Advisory (1/30/14) "TRCH plans to start drilling in Southwest Kansas by Feb. 5."

Cub Energy Inc.

Etienne Moshevich, Alphastox.com (1/27/14) "KUB definitely could generate investors a great return in 2014."

Royal Dutch Shell Plc

The Energy Report Interview with Ron Muhlenkamp (1/23/14) "Royal Dutch Shell Plc is building natural gas fueling stations in concert with a truck stop operator."

Energy XXI

Andrew Coleman, Raymond James (1/22/14) "We maintain our Outperform rating for EXXI."

Mart Resources Inc.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (1/22/14) "The key for MMT for 2014 is the new pipeline, expected by the end of H1/14."

Cub Energy Inc.

Garett Ursu, Cormark Securities (1/22/14) "KUB continues to boast a solid production base with material upside."

Royal Dutch Shell Plc

Achilles Research, Seeking Alpha (1/17/14) "A potential selloff in shares of RDS would make it an even more attractive long-term bet."

Energy XXI

Oil & Gas 360, Seeking Alpha (1/16/14) "EXXI announced higher production rates in fiscal Q2/14 than in Q1/14."

Madalena Energy Inc.

Darrell Bishop, Haywood Securities (1/16/14) "MVN provided a gross 10-day test rate of 781 boepd in Argentina."

Bill Newman, Mackie Research Capital (1/16/14) "MVN's Sierras Blancas CAN.xr-2(h) horizontal well continues to impress."

Darrell Bishop, Haywood Securities (1/14/14) "We see an MVN joint venture announcement as a late Q1 or Q2/14 event."

New Zealand Energy Corp.

Christopher Brown, P. Eng, Canaccord Genuity (1/14/14) "NZ's upside potential outweighs its downside risks."

Energy XXI

Derek Chipman, Seeking Alpha (1/14/14) "EXXI continues to offer an excellent reward opportunity."

Cub Energy Inc.

Christopher Brown, P. Eng, Canaccord Genuity (1/13/14) "KUB's 2013 exit rate reflects a 35% increase over that of 2012."

Madalena Energy Inc.

Bill Newman, Mackie Research Capital (1/9/14) "MVN's drill result from its CAN.xr-2(h) well was much better than expected."

Mart Resources Inc.

SmallCapPower Interview with Keith Schaefer (1/8/14) "MMT was able to bring on enough production to get the stock from $0.15 to $2."

Energy XXI

Brian Foote, Clarkson Capital Markets (1/7/14) "EXXI trades at what we see as a severe discount to proved reserve value."

New Zealand Energy Corp.

David Buma, M Partners (1/7/14) "NZ has returned to production growth through an active development program; it's a Buy."

Energy XXI

Andrew Coleman, Raymond James (1/7/14) "Activities at EXXI's West Delta and Main Pass paint a picture of improved medium-term growth."

Madalena Energy Inc.

Darrell Bishop, Haywood Securities (1/6/14) "MVN reported positive results from the first Sierra Blancas Hz well."

Torchlight Energy Resources Inc.

Jim Collins, The Street (1/3/14) "The Hunton play has been good for TRCH, with early wells paying back its investment in less than 100 days."

WesternZagros Resources Ltd.

The Energy Report Interview with Matt Badiali (1/2/14) "I was very impressed by WZR; the company is educated on the region, which is critical to success."

Madalena Energy Inc.

M Partners (12/30/13) "MVN's Coiron Amargo well test produced a total of 2,238 boe/d over a three-hour period."

Bill Newman, Mackie Research Capital (12/27/13) "MVN's success with the Sierras Blancas well could result in material production additions in 2014."