The Energy Report

Source: Streetwise Reports 10/16/2018 A Mackie Research Capital Corp. report outlined this Canadian energy firm’s recently completed financing and its in-process acquisition. In an Oct. 15 research note, analyst Bill Newman reported that Prairie Provident Resources Inc. (PPR:TSX) is currently “crazy cheap,” after raising gross proceeds of CA$5.5 million in a bought-deal financing and agreeing […]

Source: Streetwise Reports 10/16/2018 A Pareto Securities note explained what the company has to offer, why it is attractive and what it could gain from an M&A-type deal. In an Oct. 12 research report, analyst Tom Erik Kristiansen with Pareto Securities noted that Blackbird Energy Inc. (BBI:TSX.V) is an ideal takeout candidate, it is the

Source: Streetwise Reports 10/12/2018 The company relayed the recent changes made to its existing agreements for Eagle Ford assets in South Texas. Oracle Energy Corp.’s (OEC:TSX.V; OECCF:OTC) wholly owned subsidiary Oracle Oil and Gas extended the dates of two existing agreements, one for its acquisition of Eagle Ford assets, the other for its purchase of

Source: Streetwise Reports 10/11/2018 The report provides support to proceed with development plans. Advantage Lithium Corp. (AAL:TSX.V; AVLIF:OTCQX) announced the filing on SEDAR of its Preliminary Economic Assessment (PEA) report following summary results announced on August 14, 2018. The company stated that the PEA report provides support for Advantage Lithium to “proceed with development plans

Source: Streetwise Reports 10/11/2018 A Raymond James report described the expected synergies of this proposed transaction. In an Oct. 9 research note, analyst Praveen Narra reported that Ensco Plc (NYSE:ESV) and Rowan Companies Plc (RDC:NYSE) agreed to merge “in an all-stock transaction that will result in the largest offshore drilling rig fleet.” Narra added that

Source: Streetwise Reports 10/09/2018 This Texas E&P firm is having success using new well testing techniques. Amazing Energy Oil & Gas Co.’s (AMAZ:OTCQX) CEO, Willard McAndrew III, reported that the company achieved “effective” outcomes from recent drilling and completing of the new #30 well on its Permian Basin acreage using the open hole technique. “We

Source: Streetwise Reports 10/06/2018 The close proximity of two properties offers promise of synergies for these firms. With an eye toward partnering in a joint venture (JV), Cypress Development Corp. (CYP:TSX.V; CYDVF:OTCQB; C1Z1:FSE) signed a nonbinding letter of intent with Dajin Resources Corp. (DJI:TSX.V; DJIFF:OTCPK) concerning Dajin’s Alkali Spring Valley lithium property in Nevada, 12

Source: Streetwise Reports 10/06/2018 A Pareto Securities report highlighted the disconnect between this energy company’s current share price and where it should be. An Oct. 3 research note by analyst Tom Eric Kristiansen pointed out a “valuation mystery in Blackbird Energy Inc. (BBI:TSX.V), which continues to be priced at a large discount to peers and

Source: Streetwise Reports 10/04/2018 Two analysts relayed the relevant background of the newly appointed executive and shared their thoughts about the timing of the replacement. In a Sept. 27 research note, Eric Zaunscherb, a Canaccord Genuity analyst, reported that eCobalt Solutions Inc.’s (ECS:TSX; ECSIF:OTCQX; ECO:FSE) president/CEO, Paul Farquharson, was retiring as of Oct. 1, 2018,

Source: Clive Maund for Streetwise Reports 10/03/2018 Technical analyst Clive Maund looks at the factors that he sees are behind a massive credit crunch and discusses how the markets could react. An enormous “sword of Damocles” hangs over all markets now. A massive liquidity drain is underway as global QE reverses into QT and rates