the sleeper awakens

At long last we may be seeing the start of a serious move in ETE. Big volume for ETE traded today and over the past few days. A rig is meant to be on site their new Gulf of Mexico prospect any day which will herald the start of both their offshore and onshore programs. When compared to many of its peers who presented at the recent Excellence in Oil conference it is seriously undervalued.
ETE has existing production and a very large onshore acreage where many holes have been drilled all of which have encountered either oil or gas or both. This program was stopped late last year due to the snow. This project is extremely similar to the Eagle Ford shale project where we have seen huge share price increases in Antares, Texon and others.
Ring the company and do your own research.
On that note the Arrowhead Research Report (which does not include the recent additions to the portfolio) suggested a value upward of 70cents.