Bakken Frenzy - Rosetta and Newfield Sitting on Good News

Bakken Frenzy - Rosetta and Newfield Sitting on Good News

Goombarh 66 - August 3, 2011

Good day,

The Goombarh has sensed a developing frenzy in the western Bakken formation, the area of the Alberta Bakken part of the Willingston Basin in Northwestern Monana and Southern Alberta. 

Here are some useful links for background information:

http://online.barrons.com/article/SB50001424053111903668804576385541571096676.html

http://www.primarypetroleum.com/pdf/PIE_Industry_News_2011-02-07.pdf

http://www.financialpost.com/story.html?id=48494677-8dea-406f-aeb4-883645eeb525

http://seekingalpha.com/article/283677-which-is-the-best-pure-play-bakken-oil-stock

http://seekingalpha.com/article/283677-which-is-the-best-pure-play-bakken-oil-stock

http://www.bakkenblog.com/

http://milliondollarway.blogspot.com/2010/09/publications-regarding-willisotn-basin.html

http://www.oilandgas-investments.com/report/download/Bakken-Torquay-May2011.pdf

http://bakkenstocks.com/oil/

http://www.beatingtheindex.com/the-alberta-bakken-players-in-montana/

http://www.beatingtheindex.com/the-alberta-bakken-oil-play/

http://www.cbc.ca/news/business/story/2008/05/23/f-langton-bakken.html

https://www.dmr.nd.gov/ndgs/Resources/WBPetroleumnew.asp

http://en.wikipedia.org/wiki/Bakken_formation

As this evolving situation fits my thesis for investment, namely:

1.  Big Trend - Oil

2.  Smaller Trend - Alberta Bakken

3.  Companies with news - Newfield and Rosetta sitting on good news.

4.  Smaller priced stocks - Small Alberta Bakken players

5.  Marginal players - can only go up; incredible hit percentage for Bakken drillers over 50%.  (not like mining at all)

6.  Companies judged on growth aspects rather than absolute value.

Therefore I think there will be much room to run for small Bakken stocks.  So, I am selling some of my mining, commodities to re-deploy in the following (and I have already taken positions in):

International Frontier Resources (IFR, IFRTF)

Guardian Exploration (GX, GUEXF)

Stetson Oil and Gas (SSN, SSNOF)

Mountainview Energy (MVW, MNVWF)

Primary Petroleum (PIE, PETEF)

Vecta Energy (VER, VCTEF)

Until next time,

Marco G.

http://goombarhsedge.blogspot.com/

http://seekingalpha.com/author/marco-g/articles

More Dope on International Frontier Resources IFR, IFRTF

PS:  more dope on this:

http://www.siliconinvestor.com/readmsg.aspx?msgid=27521637

From: czechmate

7/27/2011 12:29:26 PM

Read Replies (1)  of 6058

Alright, I have posted on here previously on IFR, rumour has it that Rosetta well hit 2300 bbls, IFR has royalties on this and other drillers in area...... its all in this presentation..........

http://www.internationalfrontier.com/i/pdf/Presentation.pdf

To: czechmate who wrote (6051)

7/27/2011 12:38:13 PM

From: diddlysquatz

Read Replies (1)  of 6059

I'm in IFR.V as well thanks to you Czechmate and I have heard the same type of rumour of Rosetta success. If it proves to be true IFR ground skyrockets in value. IFR land was purchased for about $180 an acre. MVW.V just purchased some land east of IFR for about $1600 per acre. 

If Rosetta has hit this kind of well then IFR land should be worth much more than $1600/acre. IFR has 17,000 acres in the area. Doing the math gives a much higher share price.

HOT TIP - International Frontier Resources - TSX: IFR, OTC: IFRTF

Goombarh Flash 27,  July 27, 2011

International Frontier Resources - TSX:  IFR, OTC:  IFRTF

Good Morning,

May have found a good tip:

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_R/threadview?m=tm&bn=27692&tid=1152&mid=1219&tof=1&rt=2&frt=2&off=1

According to the Rocky Mountain Oil Journal, a confidential source who had access to Rosetta's field report states Rosetta's first vertical well, Tribal Gunsight #31-16H in Glacier County, "well tested at 1200 barrels per day".

Now, I don't normally pay any attention to tips, but I hold Primary Petroleum (TSX:PIE, OTC:PETEF), which is halted, since it was moving up without news earlier this week.  Still halted with no news whatsoever.  Primary holds large acreage just below Rosetta in Montana.  Rosetta is a $50 stock.

Sniffing around, I found Mountainview was halted previously as well.  They are right next to Primary.  And Petrohawk was bought out few weeks ago.  So all this speaks of frenzy in oil patch, perhaps under valued, and I know drillers are under valued. 

Enough digression, I decided to venture a bit of spec funds into International Frontier and have bought.  IFR holds royalties in the area, particularly where Rosetta is, see this:

http://media3.marketwire.com/docs/531ifr_drilling.pdf

and this Frontier presentation:

http://www.internationalfrontier.com/i/pdf/Presentation.pdf

I am not recommending you do the same, I am only passing information onwards.  It is up to you as what you do with your money.  Good Luck to you.

Until next time,

Marco G.

http://goombarhsedge.blogspot.com/

http://seekingalpha.com/author/marco-g/articles