im sorry to state the bleeding obvious but quest petroleum has a story yet to unfold and when it does the upside is phenominal when you compare it to others junior oil and gas orgs whichs shoot up on only a minimal find or purely on speculation that a drill will come up with best case estimates- qpn is definantly in my eyes not a oil and gas which you buy based on reserves and production revenue - but it surely can be one in the medium-long term-
the reason why quest will have its day in the sun is because it is incredibly undervalued based on the upside potential which our most recent drill could unveil- and with a 35% c.o.s rate,quest petroleum is just one of those shares in the equity market atm which investors are either-
a) sitting on the sidelines waiting to get in at that 0.001c cheaper entry
b) keeping a regular eye on with it pasted on their watchlists just waiting for signs of a small bounce or uptrend to enter prior to a major re-rating should that occur
c) waiting to exit positions in other stocks, with the intention to enter sometime prior to the 15th December when our high impact drilling campaign is scheduled to commence.
Im not saying that this is a certin play for a multibagger nor am i saying this share will be worth dollors in years to come because quite simply they are a junior EXPLORING oil and gas company going about their business with high impact projects which have the potential to get them into a cash flow positive revenue stream which would enable this small company the ability to gain a rerating from the markets and recognition for their ability to seize the moment and find oil and gas reserves in a world which is growing more and more energy dependant in generations to come-
Looking at volumes experienced today for vil just makes it so obvious in my experienced opinion that the significant pre drill run up for quest petroleum will occur in the next few weeks- we have received notification that the drilling plans for the amazon and thames project are set to commence on the 15th Decemeber - with that known that allows investors 18 days to acquire a position in qpn prior to spud date- i only hope that the momentum doesnt slow down should there be any delays on drilling schedules as we know only too well that it is very rare for oil and gas drilling schedules to always meet scheduled dates to a tee. rest assured, when she runs, she will be going hard-
a great website i suggest some to take a look at it located at http://oilandgasinvesting.com/- talks about the risk control model when investing in exploratory oil and gas juniors and having done my homework, im sleeping well every night with my sound investment in quest petroleum. the prospects and partners they have are far greater than those targeted by vil and what i also like about the board of quest petroleum is there abilty to gain a meaningful % of participation in high impact targets which have reputable industry specialists also working on the projects. with caza petroleum a specialist in the area and with a very imopressive level of drilling success rates, it gives me enough confidence that this high impact project could potentially establish the making of quest petroleum-
the amazon and thames prospect is definantly a very lucrative drill campaign which will create much interest in qpn in the short term and this excites me as i know the pre spud anticipation will see increased volumes and share price appreciation in the near term- medium to longer term, and something that also got me interested in quest petroleum is the potential they could prove in indonesia- for all those on this thread that are not only in on qpn for the short term drills to come in a few weeks time may i strongy suggest you devote some time on reading an essay on the indonesian oil and gas industry which I will include on a link below. The article is one of extreme importance to identify why quest pertoleum decided to diversify their portfolio to search for oil and gas in south asia. certainly quest pertoleum could have followed the herd of asx lisred oil and gas juniors, focusing their operations on the highly successful louisiana and gulf of mexico areas- but this essay will explain the specific reasons why quest has decided to go after a lucrative investment in indonesia which from governemnt sources are said to contain estimates of 4.37 proven billion barrels oil and potential reserves of some 4.558 billion barrelsof oil- thats to go with the estimated 94tcf gas proven and 93.1 tcf gas potential reserves-
watch this space- quest petroleum-a junior oiler with the muscle to drill company making prospects. dyor as usual
