Proven Energy Runner VKIN Leaner and Meaner, New Well Producing Impressive Amount of Oil and Natural Gas, Indicators Bullish in Anticipation for What's Next
Hi and good afternoon,
Today, once again, we watched another big runner as the company
we profiled took off for 30% on more than 8 times its daily
it closed up over 16% on the day. Tuesdays
play also saw a sizeable run on large volume that has continued
to build today as it climbed further into green territory.
Last week we watched a $5 Nasdaq play see a 12% run in one day;
before that we saw a 21% gain
the week prior was a 326%
I think you get the point, weve seen some impressive days
in the last few weeks and all of the sudden weve got a
a streak we would like to keep alive and well with a new
.08 play tonight.
In a series of very impressive moves, Tonights play - VKIN
- recently slimmed down operations by shedding dead weight and
terminating fruitless efforts in order to focus on producing
At the moment VKIN looks lean and mean and ready to expand in
what is often considered one of the largest Industries in the
an industry that has made men into icons and small
startups into global conglomerates
so lets get
Viking is one of those rare small market companies that is
actually accomplishing what it set out to do.
We look at exploration companies of all kinds and interests
not all of them make it. VKIN is an exception, not only did it
make the transition from exploration to production, but it plans
to continue with its blueprint to success and bring more wells
online very soon:
- VKIN recently announced
that the first Oil Well within the Companys Joffre
Project is now in production!
- After 5 days of monitoring and operating facility
adjustments, the well is now
producing at a rate of 118 barrels of oil per day and 250
mcf of natural gas, totaling 160 BOE/D.
- Viking estimates the complete re-work of the
remaining wells in the project during the 2nd and 3rd
Quarters of 2015.
VKINs business strategy is to acquire, invest in and/or
provide professional advisory and consulting services to
companies undergoing or anticipating periods of rapid growth,
significant change or ownership transition.
primary focus is directed toward evaluating and completing
investments in North America, mainly in the Energy sector and
other selective sectors, with appropriate diversification and
balance between each division. VKIN targets under-valued
investments with realistic appreciation potential and a defined
As of December 31, 2014, the information on OTCMarkets
lists the companys Total Assets at 425k USD.
The Company currently has assets in what is often considered the
largest Industry in the world; that has made some of the all-time
richest men on the planet into the icons they remain to this day.
Look at the market value of some of the top oil and gas companies
- Exxon Mobile 422.1Bln Dlrs
- Royal Dutch Shell 239Bln Dlrs
- Chevron - 227Bln Dlrs
- PetroChina 220.9Bln Dlrs
This is about as big of a target market as you can get; and to
oil prices have decreased significantly this past
If there ever was a time to get in on a ground-floor opportunity
in the Oil sector, VKIN seems to be as hot as they come.
VKIN believes that current oil prices present an attractive
opportunity for investors. According to CNBC, legendary
oil trader Andy Hall, CEO of 3.2Bln Dlr commodity hedge fund
Astenbeck Capital Management, has closed out his bearish bets on
oil and is predicting a
price recovery in crude sooner than many analysts had expected.
a letter to investors, Andy Hall cited a
number of reasons why oil prices should recover by later this
year, including the dramatic fall in
rig counts in the U.S., which should reduce year-over-year
production growth before the end of 2015; widespread capital spending cuts at shale
producers; the collapse in oil well
permits in Texas since October; expectations
of slower production growth out of Brazil and Russia;
and a likely uptick in demand growth due to
both seasonal and secular factors.
As a result, projections for global crude oil and
petroleum production consumption growth will increase.
At current, oil prices are sitting at
ground-floor prices. This means that if you can find the right
opportunity in the oil sector you can come out ahead, with a
In fact, less than a year ago oil was over
$100 per barrel of oil. However, since the end of
2014 we have seen oil take quite a dip down to the range it is
currently sitting, right around $50
If you look at the history of oil prices, these sudden decreases
in price have consistently been followed by rapid, sharp
increases soon thereafter.
This could be the perfect time to be looking into the Oil Sector
and with the news that VKIN broke last month, they seem
to be taking some serious steps forward in the development of
their Oil property.
VKINs chart is also beginning to heat up:
The Recent CandleStick Analysis is Bullish
as is the Stochastic
at the moment. Also Bullish
is the High Analysis
(for all terms), the MACD
for both medium and long terms as well as the Fibonacci and Low Analysis for the long
With the Stochastic Analysis sitting at just 36.34, meaning at this
moment VKIN is looking Oversold right now. This is exactly what
we love to see, these are some extremely Bullish Indicators.
So many start-ups dont make it past the initial stage of
operations. On the small markets we see this all too often
in fact, it is the goal to locate those few that rise above and
turn the corner from structuring start-up to operating assets
that produce revenue
VKIN is one such exception. VKIN is an example of what we
hope to find when searching the small markets for success
that Viking estimates the complete re-work of the
remaining wells in the project during the 2nd and 3rd Quarters of
2015 there could be continuous growth right around
This fact alone is enough to get us excited about an .08 oil
So get started with your research on this exciting young energy
we could have our sites on the next Monster
VKIN closed today at just .08.
VKIN has slipped a bit in the past few months, perhaps due to
news of the company terminating dead weight
seemed to have worked out well and may have created an
About 5 weeks ago VKIN reached
know it can move. If it were to reach such levels
from here it would be an enormous percentage increase.
VKIN seems to be finding themselves in the right place at the
right time. So dont wait another moment, get started on
your research right away.
Were in the midst of a big streak at the moment and
were looking to keep it running strong.
Remember, we always encourage you to do further research. Never
take our word for it, read our disclaimer to see why, and of
course always consult a professional.
Just because a situation looks great things can still go wrong
and often do. Be smart and protect yourself.
Enjoy your afternoon,