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 >
EXXI: Ultra-Deep Update
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DAVID DECKELBAUM, UBS Securities
(12/02/2010)
"The highly anticipated log results from Blackbeard East indicated that the well encountered 178 net feet of pay in three different zones. Further, operator MMR elected to deepen the well to 31,500 feet from 29,950 TD prior. . .Davy Jones #2 well is drilling at 24,300 feet toward TD of 29,950. As expected, MMR is targeting potential Wilcox and Tuscaloosa deeper sections, which could prove quite prolific. As Davy Jones #1 is still set to produce next October, we expect further updates by Q111 to add upside to the Davy Jones prospect. EXXI shares still leaving upside for ultra-deep: Pro-forma the recent XOM transaction, we see EXXI shares more favorably positioned from a risk perspective, as we estimate shares are trading modestly above our 1P NAV of $24/share, leaving ample room for ultra-deep contributions." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
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 >
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