Oil & Gas - E & P Recommendations

Energy XXI

The Energy Report Interview with Andrew Coleman (4/24/14) "EXXI's acquisition of Energy is part of a plan to create the largest pure-play Gulf of Mexico shelf producer."

FX Energy Inc.

Joe Reagor, ROTH Capital Partners (4/21/14) "FXEN is a junior natural gas producer with significant growth potential."

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."

Aroway Energy Inc.

James West, Midas Letter (4/11/14) "ARW has all the ingredients for a dramatic rise in production and revenue."

Mart Resources Inc.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (4/11/14) "MMT is quite optimistic about the new pipeline to be completed in Q2/14."

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."