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Allan JacobsPeerless Energy Inc.PRY.A.TOTOP PICKOct 30, 2007

Just bought it at 4.80. It is an oil and gas company, primarily oil. It has had 100% drilling success. Royalty rights are still low on the new wells. Evaluation is low. It has pretty good value.
Allan JacobsAllan Jacobs
Owned
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$5.20

Stock price when the opinion was issued

oilgas
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HOLD

Peerless Energy Inc.(PRY.A.TO)

Nov 27, 2007
Petrobank (PBG-T) has made an offer to acquire them. Extraordinarily talented management and he is surprised the deal has happened. You will get 0.8% in shares and the rest in cash.
Photo of Michael SmedleyMichael Smedley
Owned
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$5.00

Stock price when the opinion was issued

oilgas
HOLD

Peerless Energy Inc.(PRY.A.TO)

Nov 26, 2007
Being acquired by Petrobank Energy (PBG-T), which is a great deal for Petrobank. Doesn't see any other bidders coming in. If you own, this will give you a play in the Bakkens field and access to their technology.
Photo of Peter HodsonPeter Hodson
No
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$5.16

Stock price when the opinion was issued

oilgas
COMMENT

Peerless Energy Inc.(PRY.A.TO)

Nov 05, 2007
Well run company. Into a good play in the right area. Can’t comment on the valuation, as he hasn’t looked at it recently. Probably a take out in the longer term.
Photo of Alex RuusAlex Ruus
No
Unlock Rating
$5.46

Stock price when the opinion was issued

oilgas

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Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at: [email protected].

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