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SFPI Is gaining steam with 6 times average trading volume !! Now trading at $2.19
.
Our New Pick is trading at $2.14 a share .
Santa Fe Petroleum (SFPI) is a brand new start-up that already has deals for 2
ground-zero prospects in the proven-productive, energy-rich Barnett Shale.
The company was founded and is currently operated by one of the industry's most experienced superstar oil and gas executives, Tom Griffin.
In previous Santa Fe ventures, Tom Griffin managed to attract $64 million in private capital which he turned into a $194 million company, rewarding investors with a 204% ROI.
SFPI has a technical report written by a top-notch petroleum services provider who is one of the experts on reservoir analysis in Texas shale plays. According to the report, SFPI could realize a recovery rate on its Barnett Shale options of thirty-seven percent (37%) or more.
What that means is (using a more conservative recovery estimate of approximately 20%) there are approximately 3,590 barrels of recoverable oil per acre or 287,200 barrels of recoverable oil on every 80-acre drilling location.
Using an estimated net value of $60 per barrel after lease operating cost and a net revenue estimate of 80%, the net reserve value estimate would be approximately $17 million per 80-acre location.
SFPI's President and CEO, Tom Griffin, has an established track record that proves he knows how to grow a company from an entrepreneurial start-up to a successful producer.
What you need to know is that he has access to acreage that could enable SFPI, over the next few years, to lease upwards of 20,000 acres in the Barnett Shale and Marble Falls formations in the same area of the current test well.
Let us put that into meaningful perspective for you: If you divide 20,000 acres into the planned 80-acre drilling sites, you end up with 250 locations each holding an estimated 287,200 barrels of recoverable oil.
If the company moves forward with just 150 of those locations, that works out to 43 million barrels of oil. Using $60 per barrel as a reasonable value, you come up with a potential...
Total Value of $2.58 Billion Worth of Oil ($63 per share!)
Now, here's what really gets us excited about this stock (SFPI). There are a mere 6 million shares of stock available to investorsto trade.
The potential for early SFPI investors is enormous!
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