The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
First Energy Raises Target on TPL
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STEPHANE FOUCAUD, FirstEnergy Capital
(11/16/2010)
"Tethys provided an operational update on Friday and held a conference call today. Initial results indicate possible oil-bearing horizons across the three wells on the Akkulka license in Kazakhstan. With possible well test results by year-end, we maintain our Speculative Buy recommendation. We have increased our target price to CAD$2.75/share, in line with our new risked NAV. Importantly, we are yet to assign any value to the G6RE (Dodone) and AKD02 wells. The KOM201 well in Tajikistan could also surprise positively. In Uzbekistan, the company has commenced a new conventional horizontal development well (NUR96H2) on the North Urtabulakfield. This well, which is twinning a previous well that produced over 2,000 B/d prior to a mechanical failure in that well, is being drilled in what is the most prolific part of the reservoir. It is expected that this well will be put in production by year-end and will add significantly to field production. The 2010 exit production rate for both countries could reach 1,000 Bbl/d (WI)." |
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More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >