FieldPoint Petroleum Corporation (FPP) featured company in The Wall Street Transcript
2012-01-10 23:44:24
Ray D. Reaves, Chief Executive Officer and Chairman of the board of FieldPoint Petroleum Corporation (FPP), talked to The Wall Street Transcript about his company.Click here to read the complete interview.
TWST: Please begin with a brief introduction to FieldPoint Petroleum, including some highlights from its history and an overview of its primary business lines.
Mr. Reaves: FieldPoint Petroleum is a domestic oil and gas exploration and production company. Our product mix is approximately 70% oil, 30% natural gas, and as you can see, there is an emphasis on oil. We have operations in five states. We are in our ninth consecutive year of profitability and positive cash flow.
TWST: I know its your goal to continue to expand FieldPoints reserve base. Please tell us about the characteristics you look for in properties. What geographic areas may you target in 2012 and what level of expansion may we expect to see?
Mr. Reaves: Our goal is to expand our reserves while increasing production. We have a focus on long-life reserves, and that means reserves that have at least 15- to 20-plus years of life remaining. Our focus currently is on southeast New Mexico and west Texas. We plan to drill one or two high-impact wells in that area over the next 12 months.
Click here to read the complete interview.
Global Energy, Inc. (GEYI.OB) featured company in The Wall Street Transcript
2010-11-01 09:21:42
Asi Shalgi, President, CEO and Director of Global Energy, Inc., talked to the Wall Street Transcript about his company Global Energy, Inc. Click here to read the complete interview.TWST: Please start with a short introduction to Global Energy.
Mr. Shalgi: Global Energy is a company introducing a new technology named KDV, which is the German acronym for catalytic depolymerization. It was developed in Germany by Dr. Christian Koch in order to convert any kind of hydrocarbon waste into high-quality diesel fuel. When we say hydrocarbon, we mean any kind of biomass, agricultural waste, food waste, plastic, paper, wood, rubber, textile, leather, animal flesh, essentially anything containing hydrogen and carbon. We can convert any of these materials into diesel fuel, which, because it is a 100% substitute for traditional diesel, can be utilized without restrictions in all current diesel applications, such as transportation, heating and power generation. We believe that the KDV technology has several operating advantages over traditional diesel, such as very low temperature and very minor emissions. We believe it is a game-changing technology for the energy sector, which by being independent from traditional energy sources, may even cause some degree of geopolitical change in the near future.
Click here to read the complete interview.
Gameplan for Alternative Energy Investing
2009-09-23 08:23:55
What should investors in the Alternative Energy sector be doing, Pearce Hammond, Director of Institutional Research, Simmons & Co. International has some ideas;Mr. Hammond: "I think my overall advice to investors right now with this sector is number one, be cautious. This is a sector that's driven a lot on momentum and press releases, and lot of stories, and that can move the stocks every now and then, but you have to really look at the fundamentals. And so my second piece of advice is just understand companies that have a better competitive position than the others. So for example, First Solar (FSLR) has a very good competitive position in the solar business. It's a hyper-competitive sector; it's a very volatile sector. I think you're going to have a lot less risk by going into the sector via that stock than going in with a high-cost producer. And the equity is going to be moving very much like a weather vain as to how people perceive the solar sector, but cautious in not getting carried away. There are going to be some big winners in this sector over the next five and 10 years, and maybe some of the companies aren't even public yet, but they will be big winners. And so kind of a constant diligence or keeping up with what's going on in the sector is helpful too. These things change a lot. "
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Significant Oil Supply Problems to Manifest in 2011-2012
2009-08-03 17:53:32
In the most recent issue of TWST, we spoke with L. Farrell Crane of Energy Opportunities Capital Management, a portfolio management firm focusing on the Energy Sector. He talked us a little about where he feels the pressure on oil prices is going to come from, and when we're going to start seeing things getting worse going forward:Mr. Crane: In this recent economic downturn we have seen reluctance on the part of the oil producers to increase capital spending given uncertainty with respect to what they expect to receive in terms of oil prices going forward. That slowdown, again, is like stepping off the treadmill. If we doubled our spending and production fell, it is not difficult to predict what will happen to supply when spending is held constant or, worse yet, reduced. We expect that we are going to see some supply problems manifest themselves beginning in 2010 and more considerably so by 2011 and 2012. Obviously the specific timing of a supply crunch will depend on the extent to which we see an economic recovery or continued slowdown. Clearly any increase in global economic activity and a related increase in energy demand will only accelerate the timing and exacerbate the issue. I think, ultimately, the supply challenges are going to be the driving factor in oil prices going forward.For the complete Investing Strategies report, including the full interview with Mr. Crane, as well as a variety of portfolio managers from across a wide range of strategies, click here.
Recovery for Oilfield Services and Offshore Drillers ?
2009-08-03 10:08:38
Our Oil and Gas Report featured an interview with Longdley "Lenny" Zephirin Chief Executive Officer, Director of Research and Senior Analyst at The Zephirin Group, Inc. Mr. Zephirin gave us insight into the sector:"From a business perspective, fundamentally the sector is solid and, more important, we are avoiding a collapse in oil prices. Management has done a great job of scaling down, taking rig equipment out of service by either warm stacking rigs till the market improves in the short term or cold stacking rigs till oil prices and demand are showing signs of stability - avoiding a collapse of day rates."Investors should buy the more liquid names in the group, they should stay with the deepwater names and the premium companies. He would be wary of the laggers at this time. Overall, he believes that the recovery in share prices will probably be a W-curve recovery. He also recommended several companies but you will have to read those on TWITTER.