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 >
Further Fracking Results Well Worth the Wait
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KIM PACANOVSKY, McNicoll, Lewis & Vlak LLC
(01/11/2011)
"Last night, TransAtlantic Petroleum (TAT; $3.24; BUY) announced that production from the Selmo oil field for the first week of 2011 was approximately 2,400 bbls/d. . .Production was above our more conservative expected exit rate for 2010 of 2,200 bbls/d. Thus, we are not making any changes to our projections. . .Further, the S-57 well was fracked with good results (300 b/d, 50% water cut). . .In the Thrace Basin, TAT continues to wait for coiled tubing units to be made available to them for the Kepirtepe-1 and Habiller-2R wells, which have already been fracked. . .We continue to anxiously await further results from the wells. TAT also announced that it has completed its first oil sale in Morocco from the Hr-33bis well. The Hr- 33bis well is located on TAT's Tselfat license, in which it has a 100% ownership. We view this as a positive for TAT and await more information on the results from the HKE-1 well, which is currently being completed." |
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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 >