Rex Energy Corp (REXX)

Drilling in Marcellus shale and owns portions of the Depleted Lawrence Field in Pennsylvania.
Since depleted really means that about 60% of the oil is left, and tertiary recovery produces oil costing about $30/barrel, the costs are controllable and the resource is known. Looks like a money-making machine, once systems are in place, and they will be soon..

Its been said already,

business is to operate phase 2& 3 wells that the larger oils have abandoned using newer technology that will increase recovery/production rates. Uses mostly water &/or CO2 to continue production. Will bring Illinois fields online this year adding to "proven" reserves at a beneficial cost per barrel.

Micro-Caps. High risk..high reward & cheap. I'll take a chance with all four. REXX-NOG-KOG-DBLE. After all wasn't XTO & SWN...the furutre swans of yesteryear?

REXX:
Rex Energy has 65,000 net acres in the Marcellus Shale in Pennsylvania and will commit 70% of its $49 million capital budget to this area in 2009. Rex Energy recently had its borrowing base of $80 million reaffirmed by its lenders. This means that the BANKS investigated the company's reserves in the context of a future price of oil and gas and decided to maintain the previous credit line. Rex has to pay a higher interest rate, but it presently has only $5 million borrowed (which is very modest). But, lets hope the shale hasn't played out.--Don't think so.

NOG:
Northern Oil & Gas is headquartered in Wayzata, Minnesota, a town that is not exactly known for being the epicenter of the energy industry. However, Northern Oil & Gas performs just fine for a company with acreage next door in North Dakota. The company has 70,000 net acres and, like so many other operators, targets the Bakken Shale, an oil bearing shale that is becoming very popular in the industry. The company just reported a loss in the quarter due to lower production and realized prices for crude oil. Northern Oil & Gas just SECURED a $25 million credit line and believes it is fully funded to develop its acreage in the Bakken Shale.

KOG:

Kodiak Oil & Gas is active in the Williston Basin, which targets the Bakken Shale, and in the Green River basin in Wyoming, where the company is developing the Baxter Shale. The company is jointly developing its acreage with Devon Energy a larger exploration and production company with extensive North American assets. (Joint development is a common strategy for smaller companies) in the sector that may lack the financial and other resources to develop properties on their own. Kodiak drilled four wells with Devon Energy in 2008, but is delaying completion until prices recover. Kodiak just issued equity in a secondary offering and raised $7.15 million with which to develop its properties. The company reported a loss in the first quarter of 2009, ****but had no debt.**** .

DBLE: Gott ya :) -do your own research. I'm a buyer.

Bottom line:

The micro cap stocks of today may one day become the large caps of tomorrow--the key--- "obviously" is picking the right ones. Start your research on micro caps & very tiny small caps that aren't overly leveraged, like REXX-NOG-KOG-DBLE with properties in well-known resource basins that are being developed by their larger cap peers.

Who knows!!! you might snag a grand slam with "all" four stepping on home plate to hand you the "money".

rexx-just call them the t-rex for the next 3/5 years. great price get in now before this company launches in value. buy & hold 3/5 years

This stock is near it's 52 week low and a good pick to outperform as we are not going to eliminate our oil addiction any time soon. Rex has been selling of some of their assets to improve cash reserves, I see this as a good sign being that so many other companies are in debit or needing new loans. IMHO it's a good pick in these troubled times.

"If the American people ever allow private banks to control the issue of currency, first by inflation then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered...I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power of money shoudl be taken from the banks and restored to Congress and the people to whom it belongs" President, Thomas Jefferson

USC
Congress shall coin money, regulate the value thereof and of foreign coin...
No State Shall make any thing but gold and silver coin a tender in payment of debts.

R's and D's are stealing our wealth by acting in defiance of the US Constitution.

R's and D's have forced us into a debtor nation. Homes, transporation, college and now even taxes must be financed to survive.

To find out more info,
Read-"The Creature from Jekyll Island" by G. Edward Griffin
Watch on YouTube-The Money Masters

a solid leader in oil and natural gas exploration.

GRETA STOCK&POTENTIAL!

Technicals showing a buying opportunity.

Highly valued, but overpriced. Paying to kill the environment, but everybody does it! They make lots of money, and they will continue making lots of money if the oil prices keep going up!

Oil is predicted to reach $250 a barrel in Summer 2009 Wildcatters will make a killing

going up

"Cramer estimated that Rex's operations could yield up to 84 million barrels of oil, boosting the exploration company to $40."

From StreetInsider.com

Watched it on TV.

j cramer pik ..stuff made sense ..oil is only going up and this is a rare find.... exploration company

Not sure how this one snuck by...

cramer pick, marcellas shale has potential

alpha