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 >
Counting the Days on Energy XXI
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ANDREW COLEMAN, Madison, Williams & Co.
(12/13/2010)
"Counting down the days. With drilling continuing on all three ultra-deep wells—Blackbeard East, Davy Jones #2, and Lafitte—the potential for impactful news remains high. After accounting for the XOM asset acquisition, we see each 1 Tcfe of gross reserves discovered in the Ultra-Deep Shelf trend being worth $3 / share, net to EXXI. XOM assets add size/scale. Proforma for the assets acquired from Exxon Mobil, EXXI will be the second largest producer on the Gulf of Mexico (GOM) Shelf. Upside on the assets acquired include around 150 prospects equating to approximately 6 Tcfe of unbooked reserves. Flattening the decline on the acquired assets is the primary near-term goal. Valuation: Reiterating our $35 price target." |
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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 >
"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 >