AXIO Provides Top-Tier Upside Opportunity for Traders
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Axiom Oil and Gas Corp. (OTCQB: AXIO)
AXIO didn’t get to the highest tier of the OTC by being tame. It’s done it largely through “hustling” and establishing itself as a premier player in the oil and gas space. This is how you can benefit from the company over the short term.
AXIO’s lead oil and gas project is in Montana. If you don’t know much about the state and its oil and gas credentials, just know that it was rated one of the most attractive jurisdictions for investment back in 2012 by the Fraser Institute. Montana has one of the lowest initial tax rates – around 0.8% and that makes it a solid place for investors.
AXIO has benefited from Montana’s strategic position in industry and so far investors have taken it as high as 40 cents within the last 12 months.
Right now AXIO is trading below 10 cents, a bargain for a company that has so much upside opportunity baked in over the short term.
I believe the play could over significant upside opportunity over the short term based on its undervalued credentials.
AXIO has rallied strong within the last 12 months and boasts a high of 40 cents.
A recent 35% pullback has created the perfect storm for huge potential run north.
AXIO surged to a high of 11 cents in the last session and confirmed investor attention with volume of 61K shares.
At this point and with current setup, AXIO could potentially test its resistance of 12 cents.
Here’s a link to the chart: http://www.barchart.com/charts/stocks/AXIO&style=technical
About
AXIO (Axiom Oil and Gas Corp.) is an oil and gas exploration and development company, formed initially, to develop oil and gas leases in Toole County, MT.
AXIO provides investors with exposure to producing oil and natural gas interests with significantly lower production costs.
AXIO was founded in 2007 and is based in Oro Valley, Arizona.
House Backs Sweeping Energy Bill That Could Boost Oil & Gas Sector
Defying a White House veto threat, the Republican-controlled House on Thursday approved a sweeping bill to boost U.S. energy production, lift a four-decade ban on crude oil exports and modernize the aging electric grid.
The first major energy legislation in nearly a decade, the bill would also speed natural gas exports and hasten approval of natural gas pipelines across public lands. It also would advance cross-border projects such as the Keystone XL oil pipeline, which lingered for more than seven years before being rejected last month by President Barack Obama.
The vote was 249-174. The Senate still must consider the measure.
"The days of energy scarcity are long in the rearview mirror, and passing (the energy legislation) takes an important and necessary step forward," said Rep. Fred Upton, R-Mich., the chairman of the House Energy and Commerce Committee and the bill's chief sponsor.
Passage of the legislation comes just days after Obama traveled to Paris for an international conference on climate change. Administration officials involved in negotiations are pressing for a far-reaching agreement designed to put the world on a path toward reducing the carbon pollution blamed for global warming.
Video: Hydraulic fracturing: https://www.youtube.com/watch?v=YemKzEPugpk
News Development
AXIO Announced Appointment of Petroleum Engineering Experts
AXIO is moving forward with its shared lease in Montana. The company announced that Grassy Butte LLC, its operative partner of its leases in the Kevin-Sunburst Dome in the prolific Toole County of Montana, has contracted Apex Energy Consultants Inc., a petroleum engineering firm providing fully integrated petroleum engineering services both globally an domestically, specializing in reservoir and production enhancement to clients in over forty different countries around the globe.
AXIO said that along with its partner, Grassy Butte LLC, it looks forward to working with APEX on delivering on the great potential of our leases in Montana.
To learn more about AXIO please visit their website: http://www.axiomoil.com/
Start your research on AXIO right away.
