I received following email from Fat Prophets some time last...

I received following email from Fat Prophets some time last week. I guess they are talkinf about SAE. I have not subscribed to their reports. Can anyone confirm this?

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The Stock Market Is Finally Waking Up To These Cheap Oil Companies

In our view, triple-digit oil prices are here to stay. And based on the recent price movements of some of the Fat Prophets' favourite small to medium sized oil companies, it appears like the market is finally waking up to this new dawn…

April 2008 Low Price Today Change
Small US producer/explorer $0.29* $0.485* UP 67%*
Mid sized Thai producer/explorer $0.455* $0.755* UP 66%*
Mid sized WA explorer/producer $1.545* $2.00* UP 29%*

(All prices taken from Yahoo Finance as at Monday 12th May 2008 close)

Just this week, the small US producer/explorer mentioned above made an announcement saying "…we fully expect production levels at the field to reach record highs within the next few weeks, coinciding with record world oil prices… by more than doubling our production rates in the coming weeks we expect a material increase in our monthly sales revenues."