AFTER MAY 1ST RE-PURCHASE SHARES OF SALAMANDER ENERGY SALDF.PK- MIGHT BE A SYMBOL CHANGE- NOT SURE!
COMPANY IS RAISING $200 MILLION IN ORDER TO SPEED UP DEVELOPMENT OF THAILAND AND INDONESIA PROPERTIES!
Because of SEC laws US investors do not have the "right" to exercise or own these issued "rights" on or about May 1st 2012. The company is issuing around 100 million "rights" yielding a raise of $200 million ~ the ratio is "13 "rights" for 20 shares owned. I believe the stock will go "X" at around $2.60 down from the current $4.06 level~ once that happens re-buy!
I, of course did not know that this was happening nor very happy about it, but have sold my total position and intend to re-buy in a few days!!
Skywest Energy (skwef.pk) changed name to Marquee Energy and did an 8 for 1 reverse ~ current shares are around $1.35!
Marquee Energy~ www.marquee-energy.com - go and review the website and especially the 6 current brokerage reports just released!
With only 50 million shares fully diluted and anticipated exit rate of 3600 boepd and an NAV of around $1.70~~ we believe that @ current levels of $1.35 ( skwef.pk or mql.v) is extremely cheap and undervalued.
Read: March 29th 2012 press release concerning year-end results for 2011 and very upbeat projections for 2012!
WE HAVE PLACED A "NEW" BUY RATING ON MARQUEE ENERGY ( SKWEF.PK OR MQL.V .
DIRECT OIL AND GAS DRILLING PROGRAM
We have been investing in Oil and Gas drilling programs during the past 6 months with Energy Equities ( Texas based firm that we have known the principal of that firm for over 25 years) We are introducing a "new" project that ALL www.saadvisory subscribers are entitled to participate in!
The 3 prior projects, SO Lissie, MR-1 and DOS ARROY H5 have all been successful . The SO Lissie was sold out for the H5 lease that is currently being frac'ed. Checks are "flowing" from the MR-1 and the DOS ARROY is currently being frac'ed.
The "new" Texaco producing F1 is a PRODUCING well that will be UPGRADED and will produce over 40 barrels/day of extremely "light" crude that receives around $10 over WTI because of the quality of the oil. Total estimated EUR is 111k BO and .9 BCF of Gas. An investment of $4500.00/ 1% WI is anticipated to yield over $600.00-$700.00/month/point after expense. There is additional upside in this well because of the other sands present in the Log to produce at a later date.
This well offers investors direct ownership and great tax advantage~ For more information please call Mr. C Buck @ Energy Equities 281 751 8624 or 1-800 811 2694~~ mention www.saadvisory.com