Oil & Energy Investment Report

By gibby, May 5, 2012

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

Do you know which Stock Bob Czeschin is referring to when He says you can buy a perfectly-positioned oil Co.near its 4-year lows. This Co.
has more recoverable oil than Mex.and Brazil combined. It has more
oil than all the European countries combined,plus more oil than any other investor-owned Co. in the world.With so much oil in the ground,
you could dbl your money on a modest move in oil prices,or on a large
move,the profits would be colossal! This Co. is sitting on a mind-boggling 27 Billion barrels of recoverable oil.The street value is approx.2 Trillion dollars. Co. currently produces about 200 mil. barrels
of oil per yr. Says it is an Amer. Co & one of the few that have been able to steadily increase reserves and production despite declining US production. When oil was down @ around $35 a bbl in 2009 they picked up a # of oil fields. He also said when buying shares in this Co. You,re getting oil in the ground for about $1.93 a barrel!= A crown Jewell in the Oil Patch. So who is it??
Thanks Kindly
Wilma Wankling

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2 Comments on " Oil & Energy Investment Report"


May 7, 2012 1:39 am

Devon Energy

May 12, 2012 6:04 pm

Yes Devon energy, featured prominently in the ETF FCG.