Archive for the ‘EENI’ Category

StockGuru Spotlight Picks June 16, 2010

EGCT, ELRE, EENI, BNXR, SMDI, CONX, WNDT

Dear Members:

Have you been able to get in on of the StockGuru Spotlight Highs?

On Monday we Spotlight  FEEC and BWMS.

In just two trading days FEEC was up as much as 23% and BWMS up as much as 78%.

This represents trading the StockGuru way.  Looking at the news and finding new highs.  Be sure to see our “Closer Look” below.

Date of Stock Guru Pick ——– UP AS MUCH AS:
June 14, 2010 (in two days) FEEC FEEC 23%
June 14, 2010 (in two days) BWMS BWMS 78%
June 11, 2010 ATSI ATSI 25%
June 10, 2010 CAEH CAEH 14%
June 9, 2010 PVSP PVSP 30%
June 7, 2010 LBSR LBSR 73%
June 8, 2010 CABN CABN 76%
June 4, 2010 GARB GARB 19%
June 3, 2010 INBG INBG 71%
June 2, 2010 USMN USMN 195%
June 2, 2010 ECHD ECHD 100%


Stock Guru Closer Look: Stock Light Pick June 14, 2010

Far East Energy Corporation (OTCBB: FEEC)

FEEC has moved straight from early-stage gas production to pipeline sales and the chart reflects this incredible accomplishment.

Far East Energy Corporation (OTCBB: FEEC) negotiated a Gas Sales Agreement (GSA) with its partner, China United Coal Bed Methane Corporation (CUCBM) and Shanxi Provincial Guoxin Energy Development Group Co., Ltd. (SPG) to sell all production of coalbed methane (CBM) from the contract area covered by the Shouyang Production Sharing Contract (the Shouyang Block). The price received by Far East for its gas will be 1.55 Rmb per cubic meter, including enacted and recently announced Chinese government subsidies, which equates to approximately US$6.55 per Mcf at current exchange rates.

This gas price is over thirty-five percent higher than current US gas prices, which are running about US$4.80 per Mcf. This is one of the advantages of producing CBM in China.  The pipeline has the capacity to take up to 40 to 50 million cubic feet per day of our Shouyang gas.

The GSA is a 20-year agreement that provides that SPG is required to purchase all gas produced from the Shouyang Block up to 300,000 cubic meters (10,584,000 cubic feet) per day of CBM gas on a take-or-pay basis with any quantities above such amount to be negotiated pursuant to a separate agreement. This provision gives Far East and CUCBM the opportunity to negotiate a new contract for volumes above 10.584 million cubic feet per day at a time when a second pipeline may have been built to the area, and/or when gas prices may have risen further. The GSA does not have any minimum delivery obligations, but does commit all production from the Shouyang Block up to 300,000 cubic meters per day to SPG.

FEEC also announced that gas production from its Shouyang Block in Shanxi Province, China, has surpassed 750 Mcf per day. After drilling additional wells and a successful 11-well fracture stimulation program during April 2010, the Company has seen a significant increase in gas production. The 20D well, located in the center of Far East’s pattern of wells, is currently producing above 160 Mcf per day; and the 17D well, also in the central part of the pattern, is above 90 Mcf per day. A second fracture program of 7 to 8 wells is underway. The Company is presently drilling and/or completing 5 new wells in the 1H Pilot Area, and further production increases are expected.

It is expected that production will steadily increase as additional wells are added with the 20D and the 17D wells.  Seven additional step-out or parameter wells are planned to be drilled in the next three months to continue testing the #3, #9 and #15 coal seams all the way to the eastern and western boundaries of the Shouyang Block. These seven wells will be in addition to five parameter wells that have already been drilled at intervals of several kilometers from the 1H Pilot Area to test the extent of high permeability and high gas content in the northern portion of the Shouyang Block. Early testing of the P4 and P5 parameter wells has shown good permeability, which is also true with the other parameter wells the Company has drilled and stimulated reaching out from the 1H Pilot Area. The P3 parameter well is already producing in excess of 70 Mcf per day, and the P4 is above 60 Mcf per day.The results of the other seven parameter wells are expected by the third quarter.

FEEC StockGuru Press Release FEEC Stock Guru Announcement

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DALLAS, TEXAS : StockGuru announces that Exterra Energy Inc. (OTCBB: EENI) is in the StockGuru Spotlight.   Exterra Energy Inc. is an emerging oil and gas exploration production company based in Amarillo, Texas, with a Field Office in Parker County, Texas. Exterra is committed to a strong acquisition strategy purchasing producing oil properties that are undervalued due to current market conditions. Exterra is primarily active in the development, acquisition and operations of oil & gas properties.

On Tuesday, the company put out news announcing an update its shareholders and let them know that the acquisition announced on April 29, 2010 is on track and expected to close soon. While the terms of the deal have been finalized on the project itself, final documentation from the Attorneys is expected shortly.  Exterra Energy, Inc.’s CEO, Todd Royal, said, ”Exterra is committed to this project and the opportunity it represents for our shareholders. I look forward to sharing more information with you about this acquisition once we receive final documentation from our attorneys.”

Shares for Exterra Energy Inc. (OTCBB: EENI) were up during the late afternoon of trading on Tuesday and closed down five cents at closing.

To view our StockGuru Spotlight on Exterra Energy Inc. (OTCBB: EENI), please visit:

http://www.stockguru.com

What is the StockGuru Spotlight?

The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight.  If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.

If you think a company should be featued in the StockGuru Spotlight, please let us know. If you are a key person for a publicly traded company, we can consider your company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact our Publisher John Pentony at the john@stockguru.com.  You may also telephone John Pentony at (469) 252-3031.

Stockguru.com (”SG”) provides its members with the latest news, press releases, and research reports for all the companies highlighted on the site. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed onhttp://www.Stockguru.com or mentioned herein.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies= annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SG undertakes no obligation to update such statements. Pentony Enterprises LLC is occassionally compensated for coverage.  When this is the case, we indicate clearly with a disclosure of all compensation received in the past and present, plus we also disclose any anticipated compensation in the future.  Compensation is typically in cash.  Sometimes a third party shareholder pays us in free trading shares. Sometimes a company pays us in restricted shares. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.

John Pentony, Publisher, Stockguru.com Tel: +1 469 252 3031 e-mail: john@stockguru.com

DALLAS, TEXAS : StockGuru announces that Exterra Energy Inc. (OTCBB:EENI) is in the StockGuru Spotlight.   Exterra Energy Inc. is an emerging oil and gas exploration production company based in Amarillo, Texas, with a Field Office in Parker County, Texas. Exterra is committed to a strong acquisition strategy purchasing producing oil properties that are undervalued due to current market conditions. Exterra is primarily active in the development, acquisition and operations of oil & gas properties.

 

On Wednesday, the company put out news announcing the beginning of the development of their Barnett Shale assets. Exterra will be partnering with Newtech Engineering to drill their 6 proven drilling locations in the Barnett Shale.  Exterra plans to drill these Horizontal wells over the next 9-12 months and expects first 12 months net revenue after operations to be over $9,000,000.  The assets that Exterra plans to drill are located in the tier 1 and 2 areas. These areas have shown to typically come on line at 1-1.5 MMCFD and will be producing an estimated 8 MMCFD after all of the wells are online. Exterra believes that we can have all of these wells drilled and online within the next 6-9 months.

 

 

 

Shares for Exterra Energy Inc. (OTCBB:EENI) were down during the late afternoon of trading on Wednesday and closed down four cents at closing.
 

To view our StockGuru Spotlight on Exterra Energy Inc. (OTCBB:EENI), please visit:

http://www.stockguru.com 

 

What is the StockGuru Spotlight? 

The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight.  If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement. 

 

If you think a company should be featued in the StockGuru Spotlight, please let us know. If you are a key person for a publicly traded company, we can consider your company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact our Publisher John Pentony at the john@stockguru.com.  You may also telephone John Pentony at (469) 252-3031. 

 

Stockguru.com (”SG”) provides its members with the latest news, press releases, and research reports for all the companies highlighted on the site. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed onhttp://www.Stockguru.com or mentioned herein. 

 

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies= annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SG undertakes no obligation to update such statements. Pentony Enterprises LLC is occassionally compensated for coverage.  When this is the case, we indicate clearly with a disclosure of all compensation received in the past and present, plus we also disclose any anticipated compensation in the future.  Compensation is typically in cash.  Sometimes a third party shareholder pays us in free trading shares. Sometimes a company pays us in restricted shares. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. 
 

John Pentony, Publisher, Stockguru.com Tel: +1 469 252 3031 e-mail: john@stockguru.com

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