Article Released Regarding Impact of Iranian Elections on Oil Stocks CGCA, PNRC, BP, CVX, TOT, XOM, COP
23 Juni 2009 - 9:30AM
PR Newswire (US)
LAS VEGAS, June 23 /PRNewswire/ -- An article addressing the impact
of the Iranian elections upon oil and gas equities has been
released and is available free of charge at
http://fispace.net/oil-gas/2009/06/20/the-real-winner-iran
Investors of the following equities are encouraged to read this
exclusive commentary: Cobra Oil & Gas Co. (OTC:CGCA) (BULLETIN
BOARD: CGCA) , Premier Energy Corp. (OTC:PNRC) (BULLETIN BOARD:
PNRC) , BP plc (NYSE:BP), Chevron Corporation (NYSE:CVX), Exxon
Mobil Corp. (NYSE:XOM), Total S.A. (NYSE:TOT) and ConocoPhillips
(NYSE:COP). From the report: "Iran is one of the world's largest
oil producers, yet its production capacity is only at a third of
its capability due to outdated equipment and technology. A change
in regime would have probably given western oil companies the
go-ahead to do business in the country. This loss is equivalent to
an estimated four million "unproduced" barrels of oil daily. This
expected future production would have surely brought the price per
barrel down. But the absence of change could signal real positives
for alternative energy if a few potential 'reactions' to the
election, detailed herein, occur." About Cobra: Cobra Oil & Gas
recently entered into a Letter Of Intent (LOI) with Enercor, Inc.
(Enercor) to purchase 20% lease assignment upon completion of
financing activities. Enercor holds a contract with Exxon Mobil
Corporation regarding the conversion of certain of Exxon Mobil's
leases covering approximately 26,000 acres of land owned by the BLM
(Bureau of Land Management) in the State of Utah purported to hold
an estimated potential of up to 1.4 billion barrels of oil in place
in its tar sands. To read an expanded report instantly, use the
link below: http://smallcapsentinel.com/IranAltEnergy Statements
herein may contain forward-looking statements and are subject to
significant risks and uncertainties affecting results.
SmallCapSentinel.com is property of Integrity Media Inc. (IMI). IMI
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resources, or experience. The subject companies haven't always
approved the statements made in this report. This report is neither
a solicitation to buy nor offer to sell securities and is for
information purposes only and shouldn't be used as basis for
investment decisions. IMI isn't an investment advisor, analyst or
licensed broker dealer and this report isn't investment advice. IMI
has been paid three-thousand dollars by Winning Media on behalf of
Packet Portfolio, Ltd, a financial public relations consultant to
CGCA. Paid reports constitute a conflict of interest as to IMI's
ability to remain objective in communication regarding subject
companies. S.CONVERY CRD#2495267 Contact: Kurt Divich Integrity
Media Inc. 702-396-1000 DATASOURCE: Integrity Media Inc. CONTACT:
Kurt Divich, Integrity Media Inc., +1-702-396-1000 Web Site:
http://www.integrityir.com/
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