skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I own Arcan (ARN) convertible deb. It appears that things are not going well at ARN as reflected by the drop in converts value on 21 Sept. But I notice from their 2011 AIF that they have P1 reserves of oil and NGL of about 15,500m barrels. Their Q2 financial report indicates total debt of about 380 million, and I believe their netback is about $31/brl. They also have significant P2 reserves that are not included in the above.
Provided they don't pee away their assets, it seems to me that in the end they have enough hard assets to cover all debts. Could you kindly comment on the degree of risk in holding the converts. many thanks.
Read Answer Asked by Robert on September 22, 2012
Q: What do you think about WCP-T or PPY-X as a play on the Natural Gas liquefaction future plans for the North Coast of BC?

Vern
Read Answer Asked by Vern on September 20, 2012
Q: Hi peter and Team
What do you think of Twin butte Energy (TBE). It is another junior paying a dividend.
Read Answer Asked by Ross on September 18, 2012
Q: What are your thoughts on PEC.V(Porto Energy)? They are drilling in Portugal and recently signed a farmout agreement.
Read Answer Asked by George on September 18, 2012
Q: Hi Peter any thoughts on Anderson Energy (AXL)? JC Anderson had success in prior companies but I guess this time around they got burned in the low price nat gas environment hence their focus into oil, I believe 35% oil exposure currently ( Cardium). They have a high debt load but management believes the market isn't putting the correct value on the company and hence the strategic review. 7 months have elasped since they intiated the strategic review so a positive outcome is looking less likely.
Thanks.
Read Answer Asked by Chris on September 17, 2012
Q: Could I please have your opinion on Bankers Petroleum.
Read Answer Asked by garry on September 15, 2012
Q: Hi Peter,
What do you think of Blackpearl Resources (PXX)? I have exposure to this company and have followed the management team for years with their predecessor firm BlackRock, which did extremely well. They have current daily production of around 10,000 bbls/day, no debt and a huge potential resource in their blackrod lease in Northern Alberta. I'm sure in a few years they will be looking at a exit strategy as they have with all their previous companies once they prove that their oil sands resource is commercially viable. Any thoughts/opinions would be greatly appreciated. Thanks.
Read Answer Asked by Chris on September 11, 2012
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!