GGR: GeoGlobal Resources Inc [was GEOG was BOWG] (2000 + )

Top 766. Jan 9, 2006 8:08 PM

» reynosa - Re: Re: Jefferies GGR Report -- Review (Part 2)

In response to Re: Jefferies GGR Report -- Review (Part 2) posted by lcha:

Hope this does not take too much room but it something along your line. It's a come on to buy a newletter. This guy thinks overseas oil is the next big thing....

DOW 11,000 is Here!
Why Foreign Oil Stocks Will Boom Next

“Make no mistake about it--the big gains in American oil stocks are about to be replayed around the world. Here’s why. Plus what you must do now to capture five years of profits in the next 12 months.”

Fellow Investor,

The biggest battle for oil resources is headed your way, and there's no stopping it. A major battle for control of non-OPEC oil resources is unfolding, and it's about to affect everything you own for years to come.

You don't have to take my word.

The Chinese government will tell you the same thing. The war in Iraq not only destroyed China's hopes of developing Iraq's al-Ahdab field in central Iraq under a $1.3 billion contract signed in 1997, but also signaled to the world that the next battle for resources will be fought outside the Middle East.

The reason is simple: With two-thirds of the world's oil reserves now directly under the thumb of the United States, the rest of the world is rushing headlong to secure their oil resources.

This is why China all but tried to steal Unocal, why China and India battled over NYSE-listed PetroKazakhstan, and why India just signed an agreement to develop oil in Korea.

Frankly, the battle for oil resources isn't just between India and China either. All oil-importing nations from Europe to Asia to Latin America and beyond are rushing to secure oil supplies from Russia, Mexico, Singapore, Norway, Africa, the United Kingdom, and other sources outside the Middle East.

After all, with the United States dominating Middle East oil interests, they have to.

As a result, a number of foreign oil companies with reserves outside of OPEC are going to make money hand-over-fist, as global competition for these resources heats up over the next few years.

The battle has already begun.

In just the last 12 months, we've seen a $5,000 investment in Canada's top oil and gas company soar 150% to $12,500 as the bidding war has been taking shape.

Our favorite Chinese oil company is up 60% in the same time period. And in just the last six months one of the world's premier oil companies with its hooks in Latin American oil has soared an impressive 60%.

That's why I've rushed you this special issue. To make sure you understand why the big money in oil stocks will be made outside the United States and to make sure you own my top stocks now.

Why 2006 Will Be a Great Year for Our Foreign Oil Stocks

, and if you think our oil profits so far are staggering, you ain't seen nothing yet. Mark my words, the big gains we've made in Imperial Oil (147%), Valero Energy (217%), and Occidental Petroleum (168%) will look like chump change compared to the profits our foreign energy holdings will hand us in the months and years ahead.

And it's all because the rest of the world is racing to lock up the uncontested oil resources around the world.

In fact, as I write this, Peru's Perupetro signed six exploration and production contracts with Spanish, Brazilian, and Chinese oil companies. Italy is in the middle of negotiations with Russia's Gazprom as part of an oil-for-electricity deal. And in Kazakhstan, oil giant KazMunaiGaz just opened a new oil and gas pipeline to feed energy-hungry China.

As if that were not shocking enough, China's CNPC, which tried unsuccessfully to buy Unocal, has its eyes on buying up Argentina's largest energy producer.

And the competition for energy assets is only going to get worse as emerging nations’ energy needs begin to rival those of developed nations. This is why ConocoPhillips paid twice as much per barrel for Burlington Resources Corp.'s reserves than the company's competition did in other 2005 oil buyouts in order to secure oil interests in Algeria, Africa, China, and Latin America.

The bottom line is this: Demand for the world's uncontested oil assets is exploding worldwide. And what we are about to witness is a global bidding war for non-OPEC oil assets.

This result will not only put powerful upward pressure on the stock prices of oil drillers and refiners far outside the Middle East but also open up an incredible profit opportunity to buy these companies now—before the rest of the world jumps in and bids these companies higher.

This is why if you can take an ownership position—even a small one—in any of my top oil plays right now, you'll grasp your share of the even-bigger boom that lies ahead.

As you'll see, each one of these drilling and refining companies is perfectly positioned to profit from both rising demand and higher gas prices at the pump.

In addition, your free report will lay the foundation for every recommendation we'll bring you at Blue Chip Growth Letter...along with our time-proven philosophy for investing in blue chip stocks across all industries.

Specifically, companies that not only can exploit the dramatic changes that are unfolding...but are rapidly increasing their earnings growth, expanding operations margins, and richly rewarding investors along the way.

Best of all, 5 Top Foreign Oil Stocks to Buy Now is available online now and is yours free for simply accepting a no-risk trial subscription to my Blue Chip Growth Letter.

Just to whet your appetite, take a look at what you’ll find inside:

Oil Stock #1: As the capacity crunch mushrooms over the next five years, a number of foreign oil refiners will emerge as major acquisition plays—especially our top pick: Canada's Imperial Oil (IMO). The reason is simple: It's much quicker and more efficient to buy refining capacity than it ever is to build it!

What makes my favorite oil refiner a great buy is, the company is not only far away from Middle East turmoil but has coast-to-coast distribution terminals.

However, the real wealth trigger with this one is the fact that Imperial Oil is the leading developer of Canada's 1.7 trillion barrels of Canadian oil sands, which have the potential to make Canada the world's largest oil producer.

As a result, you profit both ways: on both the refining side and the reserves side.

In just over two years, this take-it-to-the-bank winner has handed my readers incredible 147% gains.

Oil Stock #2: As oil prices have exploded, so have my favorite American oil companies. I'm proud to say that my readers have enjoyed big gains in Imperial Oil (147%), Occidental Petroleum (168%), and Valero Energy (217%). As you'll read in your free report, even these gains should look like a drop in the bucket for my new top pick, the company that produces two-thirds of all of China's gas and oil.

But that's only half the story on this one. The company not only has proven reserves of 11 billion barrels of oil but also has 32.5 trillion cu. ft. of natural gas and—hold on to your hat—operates 29 refineries and more than 15,000 gas stations. Exactly the kind of company that European, Latin American, and Asian oil interests will do battle over.

That’s why when I look at this company's refineries, reserves, and distribution system, I see another Valero Energy in the making—only on a much grander scale. It, too, has been downgraded by the "smart guys" on Wall Street. Which is why I'm betting that this company will beat analysts' estimates by a country mile. And make last year's gains look like a drop in the bucket.

Oil Stock #3: Surprisingly, this is an all-American oil driller that could also make you rich. Two reasons why: (1) The company is the leading offshore oil driller in the world, with operations in South Africa, Australia, Asia, Norway, the United States, and Canada and (2) the company's net income for the last quarter soared by—hold on to your hat—50 cents a share.

What I like best about this company is not only how the company profits from oil exploration all over the world, but also how it is one of few companies with the technology to get at the oil.

That's why if you can find another company with 93 mobile offshore and barge drilling units, 32 semisubmersibles and drillships, 24 floaters, 26 jack-up rigs, and 11 additional drilling rigs that's tripled investors money over the past three years, then please buy it. Until then, you should back up the truck and buy as many shares of this company as you can.

Oil Stock #4: This is by far my favorite all-in-one oil play. The reason is simple: The company not only holds a 49% interest in one of the region's most productive wells but also has key production facilities in Vietnam, Sumatra, and surrounding Asian nations.

Over the past three months, the company's quarterly revenue growth has not only exploded 32%, but has also handed investors annualized returns near 70%.

However, the real wealth trigger on this one is how it's aggressively expanding into the China region.

With its hooks deep into Asia, look for this one to double as the demand for oil continues to skyrocket. Selling at less than nine times earnings, you can see why I consider this one the best all-in-one oil play now.

Oil Stock #5: Here is another high-potential situation I'm extremely excited about. First and foremost, it's so far under the radar that last year's 100% gains have largely gone unnoticed by Wall Street. Why? Because it's a Canadian-based oil producer.

And yet you can be sure it's squarely on the buy list of Chinese, Indian, and European oil interests because the company owns a number of rich downstream assets, including a key Denver-based refiner, strategically located oil pipelines, and 43 retail stations.

I believe that this company could easily triple your money over the next 12 to 24 months as oil and gas prices continue to climb.

In all, your free report will bring you five strategically placed oil companies that we believe will continue to line your pockets with profits over the next five years.

As you'll see, each one will get a huge boost from the rising demand for non-OPEC oil. And you can learn all their names INSTANTLY with your risk-free trial subscription to Blue Chip Growth Letter.

As you'll see...

Your Free Report Is Just a Sneak Preview of
the Kind of Profits That Await You!

Make no mistake about it—the coming battle for global oil resources represents one of the biggest wealth-building opportunities in the world.

If my new oil plays are just half as profitable as our past ones, you could easily grow 50% richer in the next six months as the law of supply and demand drives oil prices higher and higher.

-- posted by reynosa

Top 767. Jan 9, 2006 9:43 PM

» Kirk - Re: Re: Re: Jefferies GGR Report -- Review (Part 2)

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In response to Re: Re: Jefferies GGR Report -- Review (Part 2) posted by reynosa:

LN can sure advertise what has worked well. I've heard of people doing really well following those types of letters, including his, then the market turns against them and they get crushed... but the advertising will make no mention of it and leave you thinking he's been picking these great stocks at the bottom rather than selling you momentum.

-- posted by Kirk

Top 768. Jan 13, 2006 3:19 PM

» Kirk - PetroWatch -- Jan12th GSPC/GGR Update

By: rabbababba
12 Jan 2006, 03:16 PM EST
Msg. 4013 of 4018

Petrowatch

9--Equipment failure delays drilling at GSPC well in KG

Gujarat Petroleum has put off by a month plans to hand out information packets on its Krishna Godavari block KG-OSN-2001/3 to seven international majors interested in farming-in to the Deen Dayal discovery. GSPC originally planned to send out technical and commercial data packages to Agip, Anadarko, British Gas, BP, ExxonMobil, Shell and Total on 10th January. But a week earlier, GSPC wrote to each of the companies telling them there would be a delay. “GSPC said the data packages will be sent around the middle of February because there’s been a delay in appointing a merchant banker and because the fourth well being drilled is delayed,” says a source. “They said they want to include data from the fourth well in the package before sending it out.” GSPC should have reached target depth of 5700 metres by now but another equipment failure on board Saipem rig Perro Negro 3 has held up drilling. An industry source tells us drilling was suspended on 3rd January when the drill bit had reached 5270 metres – 430metres short of TD. An independent source tells us drilling was expected to resume on 11th January. “GSPC drilled the first 4000 metres fast in a little more than a month,” reveals a source. “But it has been facing problems with the remaining part.” An expert familiar with the geology of the location tells us GSPC is facing “a very challenging situation” while drilling. He said GSPC is walking a delicate balance between the “challenging” geology and the limitations of Perro Negro 3 in drilling a high temperature, high pressure well. “This well is a directional well deviated at an angle of about 33 degrees,” we are told. “A directional well will help cover a larger area than a vertical well.” Drilling on the well is slow - only 80 to 100 metres per day and we hear GSPC hopes to reach target depth in another ten days (22nd January) provided, of course, there are no further mishaps.

NOTE: This is the second major equipment failure on board Perro Negro 3 at this well. The previous one – a metal fatigue induced crack in the top drive shaft – happened in November 2005 and forced GSPC to suspend drilling for 15 days. Had there been no interruption to drilling, target depth should have been reached by mid-December. Despite the delays, gas shows during drilling give GSPC confidence that this well will validate the results of the third well. Agip, Anadarko, British Gas, BP, ExxonMobil, Shell and Total have all made presentations to GSPC outlining their strengths in developing high temperature, high pressure hydrocarbon fields. Well KG-17 was spud on 17th August in 65-metres water depth and is located 1.8-km northeast of the third (discovery) well.

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

-- posted by Kirk

Top 769. Jan 14, 2006 10:32 AM

» lcha - Re: PetroWatch -- Jan12th GSPC/GGR Update

In response to PetroWatch -- Jan12th GSPC/GGR Update posted by Kirk:

I have a feeling drilling equipment failures are on the rise as ALL available equipment is in constant use. Spare parts are in VERY short supply. High temp, high pressure wells are SOO much fun. You get a lot of those in the Gulf of Mexic and Gulf Coast.

-- posted by lcha

Top 770. Jan 16, 2006 6:50 AM

» Kirk - GSPC’s KG Basin gas flow unlikely to hit by ’07

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GSPC’s KG Basin gas flow unlikely to hit by ’07

Piyush Pandey URL: http://www.financialexpress.com/fe_full_...

Mumbai, Jan 15 After having announced India’s largest gas find of over 20 trillion cubic feet (TCF) in the Krishna Godavari basin in July 2005, the Gujarat State Petroleum Corporation (GSPC) is likely to miss the deadline of its commercial production scheduled for December 2007.

Former petroleum secretary SC Tripathi, who held office when GSPC announced its find, told FE, “I have strong doubts if GSPC will be able to deliver KG basin gas by December 2007 as promised. Companies like Reliance Industries could not deliver the gas in time, then how could GSPC? GSPC’s KG basin blocks are very complex in nature as it lies in high-pressure zone. It alone cannot develop the block as it lacks technical expertise.”

Analysts believe that the gas flow may not be possible by 2007-end because of the complexity of the block. At present GSPC is only drilling the fifth well out of the 14 wells to be drilled in the block.

It takes around three years to get into commercial production from the discovery period. GSPC’s MD, DJ Pandian, however, said he is optimistic about commercial production from KG Basin by December 2007.

GSPC is yet to collaborate with international oil and gas giants to develop the block for which it has identified over half-a-dozen companies as potential partners including Shell, ExxonMobil, British Petroleum, British Gas, ENI of Italy, Total of France and Enadarko.

Bookmark this URL for GGR Charts: http://6URL.com/GGRCHARTS

-- posted by Kirk

Top 771. Jan 16, 2006 6:55 AM

» Kirk - GGR Charts

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GGR Charts

2 Days – 5 minute Interval
<img width=520 height=468 src=http://www.marketwatch.com/charts/int-ad... >
5 Days – 15 minute Interval
<img width=520 height=468 src=http://www.marketwatch.com/charts/int-ad... >
10 Days - Hourly
<img width=520 height=468 src=http://www.marketwatch.com/charts/int-ad... >
YTD – Daily
<img width=580height=480 src=http://stockcharts.com/def/servlet/Sharp... >
Since 1/1/99
<img width=579 height=335 src=http://bigcharts.marketwatch.com/charts/... >
Monthly since 1/1/99
<img width=579 height=553 src=http://bigcharts.marketwatch.com/charts/...>

URL for GGR Charts: http://6URL.com/GGRCHARTS

For more coverage on GGR, along with my buy and sell points to try and profit from its volatility, subscribe to my newsletter today!

GGR Price History:


12/31/05 $ 0.97
12/31/05 $12.77 +$11.80 or +1,216%

-- posted by Kirk

Top 772. Jan 19, 2006 8:05 AM

» Kirk - Reuters Research Says Outperform from $9.35

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I have a 10 page pdf report, sent by a subscriber, from Reuters for GGR dated 1/17/06 that gives GGR an OUTPERFORM rating at $9.35

It shows 4 components

Technical = Outperform
Operational = Neutral
Value Catch-up = Outperform
Fundamental Quality = Under perform

Has anyone else read this?

I can't find anything we didn't already know.

It seems to say GGR has fallen enough from its peak (@$9.35 for the report) that it is a good buy now.

-- posted by Kirk

Top 773. Jan 20, 2006 8:11 AM

» honeyoneohone - Re: Reuters Research Says Outperform from $9.35

In response to Reuters Research Says Outperform from $9.35 posted by Kirk:

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I bought a few hundreds shares of GGR yesterday--it's up nicely today. Good call, Kirk!

-- posted by honeyoneohone

Top 774. Jan 20, 2006 8:39 AM

» Kirk - Re: Re: Reuters Research Says Outperform from $9.35

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In response to Re: Reuters Research Says Outperform from $9.35 posted by honeyoneohone:

Great news and good on you! for waiting for a big pullback and what looks to be a successful test with a close on lower volume slightly below the low made on 1/6/06. It amazes me how many wait for big up days to buy stocks that have already gained over 1,000% in the past year. You can mitigate your risk significantly by waiting for major pullbacks and some technical signs of a bottom. You get an A+ for this!

Having significant sells at $13.00 and $13.42 last year, I’m feeling rather proud of myself waiting for this setup to buy back some of those shares sold. I too have profits now on the shares I purchased the other day. I used to be like a youngster and too “premature” in buying back. Over the years, I’ve improved my TA skills and it seems to be paying off by tempering my exuberance for even better returns. smile

Lets hope this test of the 1/6 low on lower volume and with a penetration of the 50 DMA were the tickets to future profits.

GGR Disclaimer: I'm long and on house money with GGR. I was adding to my GGR position late in 2004 with GGR buys between $0.94 and $2.25 and I took profits as high as $13.42 in late 2005. I have huge built in profits here so I can afford to take more risk buying and selling than some might want to take. For most investors, I recommend the basket of securities in "Kirk's Newsletter portfolio" rather than trying to pick and choose between the many stocks I talk about here.

-- posted by Kirk