NZSilver
21-05-2014, 01:06 PM
http://www.nextoilrush.com/drilling-just-weeks-away-for-tiny-explorer-targeting-1-6-billion-barrels-of-oil/
Drilling Just Weeks Away for Tiny Explorer Targeting 1.6 Billion Barrels of Oil
A 20% chance to make 100 times our money?
Even by oil exploration standards that is pretty impressive – This kind of opportunity suited our investment strategy, you need to decide whether it suits yours.
We have done all the reading, crunched the numbers and made an investment in this tiny oil exploration company, and will explain why in this comprehensive article.
Now it’s just a matter of sitting back and waiting a few weeks to see what happens with our investment… and the imminent drilling of a 1.6 billion barrel target.
This tiny market cap oil explorer we have invested in was a first mover in one of the most exciting new oil exploration hotspots in the world – Morocco, North West Africa.
Offshore Morocco has huge reserves of oil on par with North and South America – but it’s almost totally unexplored and unexploited.
Huge potential exists in offshore Morocco for billion barrel oil discoveries, which is why oil super-majors are scrambling for a foothold in the region, recently snapping up any available acreage.
The company we have invested in scooped up one of the best blocks in offshore Morocco way back in 2009 and is drilling a high impact well in a matter of weeks.
A recently drilled well by two oil majors right next door to our tiny explorer discovered heavy oil, proved a quality reservoir AND flowed at a decent rate…
But those two oil majors are now fuming as analysis of their results has revealed that the highest quality part of this offshore hydrocarbon system extends right into our little explorers block…
The analysis shows our explorers’ acreage holds bigger targets, a higher quality reservoir AND lighter oil… and way more of it too – in fact our plucky little explorer has THE LARGEST prospect in the area.
Light oil has a low viscosity and flows easily at room temperature – and fetches a higher price on market….
We are talking 1.6 billion barrels of the stuff here.
That’s what you get for being an early mover, and having your pick of the blocks before the scramble began.
Everyone knows that the best time to invest in an oil explorer is the lead up to a drilling event – just before market hype, excitement and anticipation of a positive result pushes up the value of the stock.
For example, a similar sized oil explorer operating to the south saw their market cap increase 3-fold in the lead up to drilling.
…but with our investment, we have identified a unique and fascinating situation that has forced pre-drill uplift to be compressed into a “coiled spring” that we expect to be released when the market is made aware of our little known explorer – more on this later.
And aside from their upcoming drill, 2014 is set to be the busiest year of drilling in offshore Morocco in the past 14 years. TEN wells alone are planned this year.
Any discovery nearby this explorer’s acreage will have a positive flow on effect.
Not to mention Morocco’s extremely attractive fiscal terms and political stability.
This oil explorer is targeting over 1.6 billion barrels of oil and its market cap is miniscule.
Oil is trading at over US $100 per barrel.
For such a company defining event, a mere few weeks away, it’s trading completely under the radar.
But all that is going to change.
The great unwashed masses haven’t woken up to our company’s potential and near term drilling yet – when they finally do it may be too late…
This company has a stake in an area of more than 11,000km² with multiple prospects showing hydrocarbons.
Now this tiny oil explorer is getting set to push the start button and stab a big, fat drill bit into this monster target.
We did some digging through public company filings and discovered that the managing director of this company recently stumped up 200k of his own hard earned cash to invest before drilling.
Let’s just add up the potential in clear terms – you’ll see immediately why we invested and are now counting down the days to drilling….
The company is about to drill into three stacked targets for a total potential of around 1.6 billion barrels
+
The company has an undervalued market – way below its peers
+
The company scored land ahead of its competitors and had its pick of acreage
+
Morocco is seeing oil activity it hasn’t witnessed in decades, proving the region’s promise
=
An oil explorer that could be about to re-rate in a matter of weeks.
We are pleased to present the latest addition to our investment portfolio:
Tangiers Petroleum
ASX:TPT
AIM:TPET
Could be a worth while specy.... but expect to to loose it all if its a dry hole... anyone holding?
Drilling Just Weeks Away for Tiny Explorer Targeting 1.6 Billion Barrels of Oil
A 20% chance to make 100 times our money?
Even by oil exploration standards that is pretty impressive – This kind of opportunity suited our investment strategy, you need to decide whether it suits yours.
We have done all the reading, crunched the numbers and made an investment in this tiny oil exploration company, and will explain why in this comprehensive article.
Now it’s just a matter of sitting back and waiting a few weeks to see what happens with our investment… and the imminent drilling of a 1.6 billion barrel target.
This tiny market cap oil explorer we have invested in was a first mover in one of the most exciting new oil exploration hotspots in the world – Morocco, North West Africa.
Offshore Morocco has huge reserves of oil on par with North and South America – but it’s almost totally unexplored and unexploited.
Huge potential exists in offshore Morocco for billion barrel oil discoveries, which is why oil super-majors are scrambling for a foothold in the region, recently snapping up any available acreage.
The company we have invested in scooped up one of the best blocks in offshore Morocco way back in 2009 and is drilling a high impact well in a matter of weeks.
A recently drilled well by two oil majors right next door to our tiny explorer discovered heavy oil, proved a quality reservoir AND flowed at a decent rate…
But those two oil majors are now fuming as analysis of their results has revealed that the highest quality part of this offshore hydrocarbon system extends right into our little explorers block…
The analysis shows our explorers’ acreage holds bigger targets, a higher quality reservoir AND lighter oil… and way more of it too – in fact our plucky little explorer has THE LARGEST prospect in the area.
Light oil has a low viscosity and flows easily at room temperature – and fetches a higher price on market….
We are talking 1.6 billion barrels of the stuff here.
That’s what you get for being an early mover, and having your pick of the blocks before the scramble began.
Everyone knows that the best time to invest in an oil explorer is the lead up to a drilling event – just before market hype, excitement and anticipation of a positive result pushes up the value of the stock.
For example, a similar sized oil explorer operating to the south saw their market cap increase 3-fold in the lead up to drilling.
…but with our investment, we have identified a unique and fascinating situation that has forced pre-drill uplift to be compressed into a “coiled spring” that we expect to be released when the market is made aware of our little known explorer – more on this later.
And aside from their upcoming drill, 2014 is set to be the busiest year of drilling in offshore Morocco in the past 14 years. TEN wells alone are planned this year.
Any discovery nearby this explorer’s acreage will have a positive flow on effect.
Not to mention Morocco’s extremely attractive fiscal terms and political stability.
This oil explorer is targeting over 1.6 billion barrels of oil and its market cap is miniscule.
Oil is trading at over US $100 per barrel.
For such a company defining event, a mere few weeks away, it’s trading completely under the radar.
But all that is going to change.
The great unwashed masses haven’t woken up to our company’s potential and near term drilling yet – when they finally do it may be too late…
This company has a stake in an area of more than 11,000km² with multiple prospects showing hydrocarbons.
Now this tiny oil explorer is getting set to push the start button and stab a big, fat drill bit into this monster target.
We did some digging through public company filings and discovered that the managing director of this company recently stumped up 200k of his own hard earned cash to invest before drilling.
Let’s just add up the potential in clear terms – you’ll see immediately why we invested and are now counting down the days to drilling….
The company is about to drill into three stacked targets for a total potential of around 1.6 billion barrels
+
The company has an undervalued market – way below its peers
+
The company scored land ahead of its competitors and had its pick of acreage
+
Morocco is seeing oil activity it hasn’t witnessed in decades, proving the region’s promise
=
An oil explorer that could be about to re-rate in a matter of weeks.
We are pleased to present the latest addition to our investment portfolio:
Tangiers Petroleum
ASX:TPT
AIM:TPET
Could be a worth while specy.... but expect to to loose it all if its a dry hole... anyone holding?