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Stealth Energy (CNSX: SLH) Reports Progress Towards New Well Production

Monday, May 2nd, 2011

Stealth Energy, Inc. (CNSX: SLH), a Canadian-based oil and gas exploration and production company with properties in Montana and Wyoming, similar to companies like Uniontown Energy Inc. (OTCBB: UTOG) and Talisman Energy Inc. (NYSE: TLM), recently reported progress towards new well production in its 7-1 Dexter well in Musselshell County.

Stealth Energy Inc. (the “Company”) is pleased to report that well 7-1 Dexter, in Musselshell County, which was previously drilled and reported on 20 Dec. 2010, has been scheduled for completion on 4 May 2011. The Company has experienced some frustration with obtaining a traditional ?frac’ due to the current intense demand for this process. Management has decided to use “Radial Drilling Technology” (“RDT”) to potentially put the well into production. RDT is a relatively new completion technology which provides increased exposure to natural formation fractures and may provide more ?control’ that, considering the geology for this particular well, is an advantage. The Company has prepared information regarding RDT on its website which can be accessed here: http://www.stealthenergy.ca/projects/radial_drilling_technology
Stealth Energy Inc. is a producing oil & gas company with its field office in Billings, Montana, USA. The company develops its own properties and continues to seek and make acquisitions, primarily within Montana and Wyoming. For further information please contact Carlo Nigro at (604) 662-7833 or office@stealthenergy.ca.

Tags: CNSX:SLH, NYSE:TLM, OTC:UTOG
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Stealth Energy (CNSX: SLH) Showcases Properties on Corporate Video

Tuesday, December 14th, 2010

Stealth Energy Inc. (CNSX: SLH), an Canadian oil and gas company with promising properties located in Montana and Wyoming, similar to companies like Denbury Resources Inc. (NYSE: DNR) and Carrizo Oil & Gas, Inc. (Nasdaq: CRZO), showcased its properties and business model in its corporate video.

Stealth Energy Inc. (CNSX: SLH) is a Canadian oil and gas company with promising properties located in Montana and Wyoming encompassing thousands of acres. With these properties placed on prolific oil fields, like the Teapot Dome and the Heath Formation, the company could be sitting atop significant reserves of crude oil and natural gas.

For an overview of these properties and the company, please see their corporate video:
http://www.stealthenergy.ca/

About Stealth Energy

Stealth Energy Inc. was incorporated in February 2006 with the objective of oil & gas exploration, development and production.

The Company intends to develop its own properties and acquire oil and gas properties primarily in the States of Montana and Wyoming, USA. Stealth has already acquired leases in both states and is systematically continuing to acquire gas leases.

A wholly owned Montana subsidiary, Stealth Energy USA Inc. has been incorporated to hold the company’s oil & gas properties.

Tags: CNSX:SLH, NASDAQ:CRZO, NYSE:DNR
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A Closer Look at Stealth Energy’s (CNSX: SLH) Promising Properties

Monday, December 13th, 2010

Stealth Energy, Inc. (CNSX: SLH), a Canadian-listed oil and gas company with properties in Montana and Wyoming, operating in the same industry as companies like Cobalt International Energy, Inc. (NYSE: CIE) and Gulfport Energy Corporation (Nasdaq: GPOR), has several promising properties that could bring this small stock into the investor limelight sooner than later.

Stealth Energy, Inc. (CNSX: SLH) is a relatively undiscovered Canadian-listed oil and gas company with promising oil and gas fields in Montana and Wyoming. With properties located in the infamous Teapot Dome and the Heath Tyler Formation, the company is exploring within some of the most prolific emerging oil plays located in the U.S., and could realize significant upside over the coming years.

The Teapot Dome Begins to Produce

Stealth Energy owns approximately 1,200 acres within Wyoming’s infamous Teapot Dome. Over the past 80 years, the property has produced more than 2.5 million barrels of oil and could have as much as 7.5 million barrels remaining to be extracted. Meanwhile, several programs are underway in adjacent properties that could help boost production in the near-term.

Recently, the Department of Energy’s Naval Petroleum Reserve #3 began a water injection test program designed to significantly boost long-term production. Since these activities are occurring within the same oil field, Stealth Energy is positioned to realize the same benefit at no cost.

Many investors believe that this opportunity can be likened to Anadarko Petroleum Corporation before they began using enhanced oil recovery (EOR) techniques to triple their output at their Salt Creek field project. In addition to its existing wells, Stealth Energy could drill lateral wells and use similar EOR techniques to significantly boost its production and unlock value for shareholders over the long-run.

Heath Tyler Could be the Next Bakken Play

Stealth Energy also leases approximately 800 acres potentially over the Heath Tyler Formation, which many experts believe could hold as much potential as the famous Bakken Formation. According to a geological survey conducted by Three Crown Petroleum, the 43 Health-based oil fields producing from seven reservoirs could hold over 107 million barrels of oil, making it a potentially huge discovery.

The company recently spud three new wells on its Trailblazer project and is now running tests to determine potential production levels. With these wells only 1,800 feet from a non-company owned well that had initial production of over 300 barrels per day, investors are hoping that these production levels will be significant and help drive top-line revenues moving forward.

Significantly Undervalued Given Prospects

Stealth Energy appears to be undervalued given its future prospects, which include at least two promising oil properties, one located within the Teapot Dome and one above the exciting Heath and Tyler Formations in Montana. Water flooding and potentially CO2 injection programs at its existing properties could provide a near-term catalyst for higher output with no capital outlay, while the three wells at their Trailblazer Project could provide near-term results.

Moreover, the company recently entered into a purchase agreement for $2.5 million to acquire the Broadview Property, which includes 5,900 acres with confirmed oil and gas from drilling exploration activity in the 1920’s and 1940’s. If successfully drilled, this property could add incremental value for the company’s shareholders.

Finally, to fund these developments, the company successfully raised $5 million in a private placement priced at approximately $0.20 per unit, with each unit consisting of one common share and one common share purchase warrant with an exercise price of $0.25 per share. With shares trading at just $0.15 per share now, the stock is definitely worth a look for energy investors looking for a great value.

To learn more about Stealth Energy Click Here: http://www.accelerizefinancial.com/stealth_energy.html

Tags: CNSX:SLH, NASDAQ:GPOR, NYSE:CIE
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Stealth Energy (CNSX: SLH) Completes Private Placement

Monday, December 6th, 2010

Stealth Energy Inc. (CNSX: SLH), a Canadian oil and gas company with properties in Wyoming and Montana, similar to companies like BreitBurn Energy Partners LP (Nasdaq: BBEP) and Callon Petroleum Company (NYSE: CPE), completed a private placement at $0.20 per unit for proceeds of $5 million.

Further to the news releases of 8 Oct. 2010 and 30 Nov 2010, Stealth Energy Inc. (the “Company”) is now pleased to report the completion of the private placement. The fully subscribed offering comprised 25 million units at $0.20 per unit, which raised total gross proceeds of $5,000,000. Each unit includes one common share and one common share purchase warrant which entitles the holder to purchase one additional common share at a $0.25 per share, for a period of 2 years from the date of issuance. All securities issued pursuant to this private placement will be subject to a four-month hold period. The net proceeds from the offering will be used for general working capital.

Tags: CNSX:SLH, NASDAQ:BBEP, NYSE:CPE
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Stealth Energy (CNSX: SLH) Announces Private Placement and Acquisition

Thursday, December 2nd, 2010

Stealth Energy Inc. (CNSX: SLH), a Canadian oil and gas exploration company with properties in Montana and Wyoming, operating in the same industry as companies like Continental Resources, Inc. (NYSE: CLR) and Brigham Exploration Company (Nasdaq: BEXP), announced a new private placement and purchase agreement to acquire a new property.

Stealth Energy Inc. is pleased to announce that, further to its news release of 8 Oct. 2010, it has amended certain terms of its non-brokered private placement (the “Offering”). The Offering will now consist of up to 25 million units (previously 20 million) at a price of $0.20 per unit (previously $0.25) to raise gross proceeds of up to $5,000,000. As previously announced, each unit will continue to consist of one common share and one common share purchase warrant entitling the holder to purchase an additional common share at a price of $0.25 per share (previously $0.30) for a period of 2 years from the date of issuance. All other terms of the Offering remain the same.

The Company is also pleased to announce that it has entered into a non-arm’s length purchase agreement wherein for the consideration of $2.5 U.S. million, the Company will acquire all rights, title and interests held, directly or indirectly, legally or beneficially in and to the Broadview Property from Antelope Resources Inc., a private company which has common owners and insiders of the Company. The acquisition was approved by other Company directors whom are at arm’s length to the acquisition.

The Broadview Dome geological structure is located in the west half of Township 3 North Range 23 East and the eastern half of township 3 North Range 22 East. It is a relatively large structure with surface expression and has approximately 250 feet of structural closure on the Dakota Formation and an aerial extent of approximately 3,460 acres. The Broadview Property includes 5,900 acres, which includes 660 acres within the estimated structural closure. Early exploration in the 1920’s confirmed gas from the Frontier Formation (approx. 1500 feet) and drilling in the 1940’s (total depth of approx. 5000 feet) confirmed oil in several formations (Frontier, Dakota, Morrison, Swift, Amsden, and the Upper Mississippian).

Tags: CNSX:SLH, NASDAQ:BEXP, NYSE:CLR
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Three Canadian Energy Stocks for U.S. Investors

Wednesday, December 1st, 2010

As one of the most important suppliers of energy resources to the U.S., Canada’s oil and gas sector could be a booming business amid any economic recovery. From large players like Suncor Energy (NYSE: SU) to smaller undiscovered players like Stealth Energy, Inc. (CNSX: SLH) to renewable energy plays like Westport Innovations (Nasdaq: WPRT), investors may want to take a closer look at this sector.

Oil Prices Set to Rise in 2011 and Beyond

The economic situation in the U.S. may remain somewhat perilous, but commodity prices are definitely poised for a move higher over the long-term. With greater demand expected amid an economic recovery, many investors are betting on prices moving higher. Meanwhile, monetary policy decisions that could increase inflation could help elevate prices further over the coming years.

The Federal Reserve’s decision to restart quantitative easing – or print dollars in order to purchase U.S. Treasuries and keep interest rates low – could result in higher levels of inflation in the future. In fact, the prices of many consumer goods have already begun to rise, as commodity prices move higher to compensate for the effects – including the price of crude oil.

Canadian Companies Remain Undiscovered

With most investors focused exclusively in the U.S. markets, there are some Canadian oil stocks that remain relatively undiscovered. In fact, these stocks often hold oil properties located in the U.S., but are simply listed on foreign exchanges. One example is Stealth Energy, Inc. (CNSX: SLH), which trades on the Canadian National Stock Exchange (CNSX) with a $10 million market capitalization.

Currently, the small oil exploration company has estimated reserves of 7.5 million barrels of crude oil at its Teapot Dome property, as well as potentially significant reserves located in the Heath Formation below its Trailblazer Project. With wells already spud in this area, just 1,800 feet from existing non-owned wells producing 300+ barrels per day, this stock could see significant revenues in the near-term.

Renewable Energy Targets Natural Gas

Renewable energy projects have also seen significant demand over the past few years, particular as subsidies from various governments have helped support demand. Some companies like Westport Innovations, Inc. (Nasdaq: WPRT) are creating unique low-emission engines and fuel injection systems that utilize alternative gaseous fuels, like natural gas.

If these engines become main stream, there is a good possibility of depressed natural gas prices moving sharply higher. Ultimately, these developments could provide a further boost to companies like Stealth Energy, which may have significant levels of natural gas as well.

Investors seeking an undervalued play on bullish long-term oil prices and a potential recovery in natural gas may want to consider undiscovered Canadian companies like Stealth Energy, Inc. (CNSX: SLH)!

Tags: CNSX:SLH, NASDAQ:WPRT, NYSE:SU
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The Bull Case for Oil in 2011 and Who Will Benefit

Monday, November 15th, 2010

Oil companies ranging from the well-known Marathon Oil Corporation (NYSE: MRO) to relatively undiscovered Stealth Energy, Inc. (CNSX: SLH), as well as related oil drilling equipment providers like Allis-Chalmers Energy Inc. (NYSE: ALY) could benefit from higher oil prices in 2011 and beyond as rebounding global economies drive demand at a time when the U.S. dollar could see significant inflation from current policies.

Rebounding Demand Could Drive Price Hikes

In its annual report, the Organization of Petroleum Exporting Countries (OPEC) raised its global oil demand forecast by 800,000 barrels a day for 2014, saying that it is now more optimistic about the speed of the economic recovery. The organization also noted that the economic recovery could continue even if oil prices were to rise a little higher.

While the U.S. still accounts for the majority of oil consumption, many economists are also closely watching China, which continues to see growth in its oil usage. The country’s purchases increased 11% to 5.52 million barrels per day, compared to a month earlier, according to data released in late-October by the Beijing-based General Administration of Customs.

Global Inflation Could Lift Commodities

Recent monetary policy decisions made by the U.S. could also lift commodity prices over the long-run. The Federal Reserve recently decided to take the ambitious step of printing dollars to purchase U.S. Treasury debt issues, which could have a long-term inflationary effect, according to many economists. Since commodities are typically priced in U.S. dollars, this could mean higher commodity prices.

Many economists also agree that the U.K. and E.U. may be forced to pursue similar policies, while many emerging markets that have their currencies pegged to the dollar may also see inflation. The increase in global money supply will likely boost the value of many commodities without the need for any increase in underlying demand.

Small Caps Offer the Greatest Upside

Investors looking to capitalize on these trends may want to seek out undiscovered small cap companies over large cap giants, since smaller companies often suffer steeper declines during a recessionary environment due to flight-to-safety and also tend to better capitalize on the slack in the labor market, according to Giuseppe Moscarini, an economist at Yale University.

Stealth Energy, Inc. (CNSX: SLH) is one such small oil company that is well-positioned to capitalize on any rise in oil prices. With an oil field covering approximately 1,200 acres in the Teapot Dome, the property has already produced more than 2.5 million barrels of oil over the past 80 years and is estimated to contain some 7.5 million barrels more.

Tags: CNSX:SLH, NYSE:ALY, NYSE:MRO
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Three Emerging Oil Stocks to Watch in 2011

Monday, October 25th, 2010

Stealth Energy, Inc. (CNSX: SLH), Tullow Oil plc (London: TLW) and Infinity Energy Resources Inc. (Pink Sheets: IFNY) are three emerging oil stocks to watch in 2011.

Stealth Energy Could be Sitting on Enormous Reserves

Stealth Energy, Inc. (CNSX: SLH) is a relatively little-known Canadian-listed company that has oil and gas properties in Montana and Wyoming. With an oil field covering approximately 1,200 acres on the infamous Teapot Dome, the property has already produced more than 2.5 million barrels of oil over the past 80 years and is estimated to contain some 7.5 million barrels remaining.

Recently, the oil and gas company also announced that its initial drilling program for its Montana Trailblazer project is largely completed after some delays due to a wet summer. The wells being drilled for this project are just 1,800 feet from non-company-owned wells that had initial production of over 300 barrels per day, which means that its own wells could have significant potential.

Tullow Oil Could See Big Gains from Ghana Properties

Tullow Oil plc (London: TLW) is a London-listed oil and gas company with a 34.7% stake in the Jubilee field off Ghana’s western cost. The company estimates that this field will see initial production of 120,000 barrels per day with as much as 1.8 million barrels in reserves. If true, this could turn Ghana into one of the world’s top 50 oil producers and unlock significant value for shareholders.

Discoveries in these areas have signaled the potential for multi-billion barrel discoveries within the waters spanning from the Ivory Coast to Liberia. However, shares of the oil company have fallen sharply since Ghana blocked the sale of Kosmos Energy LLC’s stake in the Jubilee field to Exxon Mobile and plans to start pumping oil from Uganda were delayed due to a tax dispute.

Infinity Energy Places a Bet on Nicaraguan Oil Possibilities

Infinity Energy Resources Inc. (Pink Sheets: IFNY) is an independent oil company that is focused on potential in offshore Nicaraguan concessions. Earlier this year, the company announced that independent analysis of seismic data suggested that its concession could potentially contain over three billion barrels of oil in Ecocene zones.

While oil exploration in Nicaragua has been pursued since the 1800’s, political and environmental instability have prevented any profitable activity. But recently, President Enrique Bolanos signed legislation that opened potential oil fields to exploration by U.S. companies. And in May of 2006, Infinity Resources executed exploration and production contracts for an area covering 1.4 million acres.

Tags: CNSX:SLH, LON:TLW, PINK:IFNY
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Stealth Energy Offers Alternative to High-Cost Offshore Oil

Tuesday, September 7th, 2010

Stealth Energy, Inc. (CNSX:SLH) could represent a better play than offshore drilling companies like Petroleo Brasiliero SA (NYSE: PBR) and Exxon Mobil (NYSE: XOM), which face higher costs and lower predictability than land-based oil exploration and development companies.

Offshore Drilling’s Many Hidden Costs

Offshore drilling is an expensive procedure that involves drilling through shallow or deep water to reach oil below the ocean’s surface. With costs ranging from oil rig rentals to hurricane disruptions to oil spill risk, it is not hard to see why many offshore drillers face high costs. Meanwhile, costs can become very unpredictable given the nature of the industry and erratic weather patterns.

In 2005, Hurricane Katrina hit the southeastern portion of the U.S. and led to oil supply disruptions in an area that accounted for nearly a tenth of all oil consumed in the country. As oil prices subsequently climbed to more than $70 per barrel, offshore drillers were left largely unable to benefit with their production offline and/or damaged in wake of the storm.

Then, in 2008, there was a shortage of offshore oil rigs that resulted in rates – the amount oil companies pay to rent an offshore oil rig – that rose to more than $500,000 per day. Companies that signed contracts at that time were subsequently stuck with the high day rates in an environment that saw oil prices falling sharply from a high of over $140 a barrel to less than $40 a barrel.

Stealth Energy’s Significant Land Reserves

Stealth Energy owns an oil field in Wyoming that covers approximately 1,200 acres on the notorious Teapot Dome. Over the past eighty years, the property has produced more than 2.5 million barrels of oil, while the company’s engineers estimate that a further 7.5 million barrels remain to be produced. Several wells on the property are currently producing, while the company expects more online soon.

As an added bonus, the company has a package of approximately 48,500 acres – or approximately 75 sections – in Montana, on which it will be drilling a minimum of three prospective oil wells starting mid-September. The firm’s engineers estimate that the natural gas portion of this land package could contain up to three billion cubic feet of natural gas reserves per section, making it a significant reservoir within the United States.

Conclusions

In conclusion, Stealth Energy offers investors a more predictable source of oil at a lower cost than offshore competitors, while also being able to participate in a potentially blockbuster natural gas field. Combined, these attributes make this small Canadian driller with U.S. properties worth a second look for growth investors worldwide.

Tags: CNSX:SLH, NYSE:PBR, NYSE:XOM
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