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I have a brand new pick for you and I think once you see how well this company is doing you’ll thank me for delivering it to you on a platter.
My love affair with the oil and gas industry has been going on for a while now and the reason for that is simple:
The profits are insane!
My latest gem has been grabbing headlines for its seemingly uncanny ability to acquire properties that are actually producing. In November the company signed a LOI to acquire 160 acres of proven producing oilfields in Cheyenne County, NE with an option to purchase an additional 1,280 acres. Last year the 160-acre property delivered more than 500,000 USD worth of oil.
It gets even better because the company has now set its sights on acquiring a proven 140-acre property producing more than $2 MLN worth of oil annually.
Throw in the recent letter to share-holders confirming the acquisition of debt capital to fund further production and exploration and you have before you a company that is delivering on its growth potential – right now.
What more could you ask for in a play?
This is a sweet opportunity for trading profits strong 53 Pct. rally that opened up late-November is now ready for a very lofty upgrade.
Brace yourself well for some serious trading because…
NEW Trade Alert: Kabe Exploration, Inc. (OTCQB: KABX)
Investor Highlights
KABX’s current momentum is supported by a 53 Pct. rally which started at the end of November. This rally is fuelling the bullish interest surrounding the play.
KABX is presently massively undervalued at current levels. The 12-month high is a very strong .12 cents which opens up gain potential of more than 2,500 Pct.
KABX’s growth potential is sublime and the company’s recent push to acquire 140 acres of oilfield producing more than $2 MLN annually is a solid indicator.
KABX has bolstered its operational capabilities by tightening its capital structure and increasing funding.
KABX combined oil-producing properties total more than 7,300 acres and its 320 mineral lease acres in Kansas is another solid layer of potential revenues.
KABX’s upward momentum can be clearly seen in the volume delivered in recent trading. There was a 50 Pct. uptick in volume last trading which saw more than 800,000 shares changing hands.
(The above highlights represent my humble opinion on KABX’s gain potential)
About KABX
KABX (Kabe Exploration, Inc.) engages in the exploration and development of oil and gas properties.
KABX holds interests in approximately of 7,300 acres of oil leases located in the Mississippian field of southern Kansas. KABX’s current field acquisitions were selected due to the tremendous potential of developing substantial oil and natural gas reserves in a regional area which rivals any of the US oil Shale Plays. Leasing and drilling activity from major companies has intensified throughout rapidly developing Mississippian Lime oil resource play over the past 24 months.
KABX also holds 320 mineral lease acres located in Butler County Kansas.
KABX was incorporated in 2005 and is based in San Diego, California.
US Oil and Gas Industry Gets Robust Outlook – Good News for KABX
The Energy Department says the nation's energy picture is getting ever rosier. Production is rising, consumption is slowing, and prices are expected to remain in check.
According to the Energy Department's annual outlook, domestic oil output may regain the peak it reached in 1970 over the next two years and gasoline prices will fall over the same period to just over $3 per gallon.
Natural gas production and use will continue to soar, demand for gasoline will fall, and energy-related emissions of carbon dioxide will remain below 2005 levels for the next quarter-century.
"The report confirms that the United States really is experiencing an energy revolution," said Daniel Yergin, vice chairman of the research and analysis group IHS and author of "The Quest: Energy, Security, and the Remaking of the Modern World."
The increased oil and gas production, Yergin said, is giving "a big boost to the U.S. economy at a time when it really needs a boost."
The outlook, produced every year by the Energy Information Administration, projects U.S. production, consumption, and prices for energy through 2040. On Monday the EIA revealed the first part of the outlook, its "reference case," which assumes stable domestic and global markets and policies.
Here are some highlights of the report:
— U.S. crude oil production will rise by 800,000 barrels per day through 2016 to reach 9.5 MLN barrels per day, just shy of the 1970 record of 9.6 MLN barrels per day. It will then level off and slowly decline after 2020.
— Natural gas production will grow steadily throughout the period, and reach 37.6 TRLN cubic feet per year by 2040— 56 percent above 2012 levels.
— Total energy imports will fall to just 4 percent of domestic consumption by 2040 as the nation produces more oil and natural gas while using less, down from a high of 30 percent in 2005.
— Cars will use less energy in 2040 than they do now, and less than the EIA predicted last year. The government now assumes the number of miles traveled will grow more slowly than previously forecast because of demographic changes such as slower population growth. At the same time, vehicle fuel economy is expected to improve dramatically because of minimum fuel economy standards. That will reduce energy use for cars by 24 percent between 2012 and 2040.
— The average retail price of gasoline, in today's dollars, will fall to $3.03 per gallon by 2017. It will then rise, reaching $3.90 by 2040, lower than forecast last year. Prices for natural gas and electricity are expected to rise, but moderately.
— Renewable sources will generate 16 percent of the nation's electricity by 2040, up from 12 percent last year. Natural gas will shoulder the biggest load, at 35 percent, followed by coal at 32 percent and nuclear at 16 percent.
— Improved efficiency of cars and a shift away from coal for electricity generation will keep energy-related emissions of carbon dioxide below 2005 levels through 2040. In 2020, emissions will be 9 percent less than 2005 and in 2040 they will be 7 percent less.
Recent Breaking Developments
Kabe Exploration Announces Oil and Gas Acquisition Plans
SAN DIEGO, CA--(Marketwired - Dec 9, 2013) - Kabe Exploration Inc. (OTCBB: KABX) (OTCQB: KABX) is pleased to announce it has submitted a proposal to acquire a 140 acre proven producing oilfield located in Murray County, OK. The oilfield current production is 93 BOPD with cash flow over 2,000,000 USD annually.
The field has estimated 2 MLN proven recoverable barrels of oil with 13 wells (9 producing), shallow depths of 1500 ft. We plan to go into the field and drill additional wells and re-work existing wells with acidation and other stimulation treatments to increase production from these wells.
This prolific field will enhance our portfolio of oil and gas assets to build a great independent oil company. "We have seen an overwhelming response to our capital raise efforts which has strengthened our balance sheet and believe that acquiring core producing assets with good revenues will create shareholder value in the long term," says Erik Ulsteen, CEO.
Given the very rosy outlook for oil and gas production in the US, I am not surprised KABX is pursuing such an aggressive expansion strategy.
Your approach to its unbelievable gain potential should be no less aggressive.
Begin your research now.
For information on KABX visit: http://www.kabeexploration.com
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