*SNVP closed with a GAIN of 11% today! *
Aug 28th, 2009 by beststockreport
Hi All,
SNVP was up over 11% today!
SNVP traded as high as 80 cents earlier this year!
SNVP could be ready to make a move North again in the short-term!
According to the Company’s website, their Management team has in total close to 100 years of experience in the oil and gas field!
SNVP could be a HUGE BARGAIN at these levels!
Make sure you put SNVP on your radar screen!
below is an initial profile of SNVP that we released in the past:
http://www.savoyenergycorp.com/
About SNVP
Savoy Energy Corporation is an independent oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company is focused on identifying abandoned oil and gas assets, which are then brought online through recompletion and work-over activities, a meticulous process of evaluation, application of modern well technology, and stringent management controls. This process allows the company to increase its asset base and cash flow, while significantly reducing the cost of initial drilling, and takes away the risk of traditional exploration projects. Savoy Energy’s financial structure allows it to minimize the high overhead of traditional E&P companies.
SNVP is a very unique play. SNVP’s management team has close to 100 years of experience!
SNVP assembled a team of very well connected individuals in the Oil and Gas Industry.
In fact, one of SNVP’s board member used to work for Chevron, one of the world’s leading Energy Company!
For more details on the SNVP Team click the link below:
http://finance.yahoo.com/news/Savoy-Energy-Appoints-New-prnews-475190389.html?x=0&.v=1
SNVP focusing on Texas areas where over 1 Billion Barrels were produced!
SNVP is focusing its operation on the Texas area.
The Texas area is very well known for its huge production numbers.
The small excerpt below clearly shows the potential of Texas when it comes to oil production.
The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (570 km2) and parts of five counties, and having 30,340 historic and active oil wells, it is the largest oil field in the United States outside of Alaska, both in extent and in total volume of oil recovered since its discovery in 1930
Since its discovery, the East Texas Oil Field has produced more than 5.2 billion barrels of oil, and originally contained more than 7 billion barrels
http://en.wikipedia.org/wiki/East_Texas_Oil_Field
SNVP could be well positioned to capture the enormous potential in Texas for oil discovery!
The Oil Industry is getting hot Again! SNVP could Benefit Big!
Oil price moved from about $40.00 to over $60.00 in the last couple of weeks.
The uptrend could continue as the economy picks up again.
That is on top of the diminishing oil supply around the world.
SNVP could benefit from this turn in tide in the upcoming months!
Oil price is believed to move higher and this could help SNVP tremendously.
In fact, the CEO of Gazprom recently stated that oil price could see $250 per barrel.
http://www.cnbc.com/id/31203842
Gazprom is the largest extractor of natural gas in the world and the largest Russian company!
If oil price soar to $250 per barrel, SNVP could go crazy!
Another factor to consider is the growing demand for oil in China.
It is expected that China will consume as much as the U.S. in the future!
SNVP is definitely in a sector where the demand keeps on growing!
http://www.ibtimes.com/articles/20090611/strong-china-imports-and-higher-global-demand-forecasts-hold-oil-price-firm.htm
Oil Stocks Getting Hot Again!
CGCA is a small-cap stock that traded around 40 cents like SNVP.
CGCA recently soared to over $1.90 !
A gain of over 300%!
We think SNVP could be the next small-cap to be discovered by Wall Street!
Apache Corporation (NYSE:APA) is a U.S. corporation with locations in Texas Houston.
This is a company that has production in Texas!
APA market cap is over 30 Billion dollar!
APA went from $20.00 to over $140.00 in the past. An astonishing gain of over 500%!
SNVP could be the next Giant in Texas!
South Texas Oil Co.(NASDAQ:STXX) is another oil company with operations in Texas.
STXX went from 25 cents to over $4.00 in the past!
This is a monster gain of over 1000%!
SNVP could be well positioned in Texas to be the next STXX!
Make sure you keep an eye on SNVP in the upcoming days and weeks!
SNVP could start moving North very soon!
Monsterstox.com Team
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