Editor's note: This single stock tip could make you millions...
After Thanksgiving, our resident geologist, Matt Badiali, and our oil wildcatting friend, Cactus Schroeder, flew across the globe to research what could be the largest natural gas find in history.
Matt and Cactus took countless planes, rode in helicopters above treacherous terrain, and even dodged fireballs (picture included) to research this company's wells... In the end, Matt concluded this company will "tack a zero onto the end of its market cap."
We just got this note from S&A Resource Report editor Matt Badiali:
The trip is on. I spoke with the CEO of the company yesterday. He's going to give me time with the whole staff while I'm there. We'll have access to everything we need to vet this project. I'm also going to have some time with him, when he's not schmoozing dignitaries and potential partners.
We're sending Matt and one of our best contacts in the energy industry halfway across the world after Thanksgiving. (Matt just got his shots.) They're researching what could turn out to be the largest oil and gas find since Saudi Arabia. And they'll have unlimited access to the company's executives and all the data. This company is still a "minnow" in the oil industry, but it has huge potential reserves. Matt says "1,000% gains aren't out of reach" if we act soon.
We can't give away many details about this trip – even the location – until Matt finishes his report. The information is too valuable. If this company is telling the truth about its reserves, Resource Report readers could literally make millions of dollars. And we can't risk anyone discovering what company we're talking about... Last time we released a research report like this, our recommended company was taken over only two months later...
In May 2009, Matt told Resource Report readers about Iraqi oil company Addax Petroleum. The company operated in an undesirable part of the world. And it had massive reserves that were hugely undervalued. Addax was prime for a breakout. Unfortunately, Sinopec, the Chinese national oil company, noticed the company's potential and bought it two months after Matt released his recommendation.
Matt's readers still made 55%, but they deserved more. This new stock will make up for it. – November 24, 2009
If you're looking for inflation-fighting investments in the hard-asset sector, few people deliver like our resident geologist, Matt Badiali. Matt just sent us an update from his current research trip. We can't divulge Matt's location or the name of the company he's visiting until his research is complete. However, if this company's natural gas field is as large as Matt suspects, shares could easily return 10 times your money.
The well test was the most incredible thing I've ever seen – it nearly doubled the standing Guinness Book world record for a natural gas flow test. The well flowed over 700 million cubic feet of natural gas per day and 12,000 barrels of condensate per day.
That equals a flame easily 100 feet long and a roar like a jet engine. The heat was so intense, it set a couple hundred yards of jungle on fire.
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To put it into perspective, they ran the well for 20 minutes, which burned about 9 million cubic feet of natural gas... about $35,000 worth at today's prices.
The next milestone is on [this company's major] well. It still has 1,000 feet left to drill to hit the gas/oil contact. If it gets oil, it's a game changer. Priorities shift, development happens sooner, the company tacks a zero on to the end of its market cap...
To get to the well, we flew out early this morning on little puddle jumper planes then took helicopters to the well site. We chartered three planes to get us all out to the site. It was an event – press, local dignitaries, Morgan Stanley analysts...
Tomorrow, I'll spend the day with technical staff looking over the seismic and cores. We'll also tour the refinery and meet the downstream folks. – December 1, 2009
As Digest readers know, Badiali recently returned from a site visit at what could be the largest natural gas deposit in the world.
Porter, Steve Sjuggerud, and I [Sean Goldsmith] were talking about this company last night in the pool in Miami. We all agreed, this stock is likely a 10-bagger. Badiali likes to say you can "add a zero" to its current market cap. While we don't know exactly how much this company's stock will increase, we know it will be huge. Badiali is still writing his report for this stock, and you're not going to want to miss it. – December 14, 2009
Goldsmith comment: If Matt's right about this stock (and we believe he is), this is the best way to make 1,000% gains in 2010. In fact, we haven't ever seen Matt so bullish on an energy company. For details on how to access his full report, click here. – December 29, 2009