Three more unknown stocks in the Bakken

by glseneca | September 21, 2012 8:39 am

Can you provide any insight regarding the Companies descriped below? Thank you, GSL
The report comes from:
Brian Hicks[1]
Publsiher, Energy Investor[2]
One stock trades for just $8 a share.
This company controls over 157,000 acres in the Bakken[3] and they just announced a monster second quarter…
Their reported net income will skyrocket 492% this year — and double again in 2013! It gets better: They just completed 10 new wells, and I think sales and net profit will rise in the coming quarters. This stock is poised to take off to the races (assuming it doesn’t get acquired first at a huge premium).

My second Bakken stock trades for less than $1.50 a share!
This stock is cheap. It has $54 million in cash in the bank and zero debt. It’ll control over 90,000 acres in the Bakken.
This baby could easily double in a year.

My third and final Bakken stock might be the biggest blockbuster yet. It trades for about $5 a share… has a total of 74,000 acres in the Bakken… and the company’s insiders have been buying its stock like crazy in the open market. In fact, in the last 12 months, insiders have purchased 1,700,000 shares — with no selling whatsoever. I love this company. You see, even though it’s a small-cap oil[4] company (it has a current market valuation of just $235 million), it has $79 million in cash (plus a $300 million line of credit) and zero debt! And it gets even better… because next year, earnings are expected to grow an amazing 1,100%!

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