This Small Oil Producer is Ripe for a Takeover… Here’s How to Profit

by Sheena Martin, Contributing Editor Friday, November 20, 2009

Takeovers are big news in the market at the moment.

In fact, did you know that takeovers have the biggest one-day gain in stocks for any asset?

As my colleague – and takeover expert – Louis Basenese says, they’re “some of the safest companies you can own. According to FactSet Merger Stat LLC, the average one-day return for shareholders of the target company is 48%.”

Furthermore, Louis says, “Industries naturally go through cycles of consolidation – waves of mergers, acquisition and takeovers.”

One industry riding this wave as it comes out of recession is oil. And I have a takeover target making strides in oil exploration that could put money in your pocket in a few months

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The new CEO of TNK-BP will apparently be chosen by the end of the year, energy mogul Viktor Vekselberg has announced.  The Telegraph examines Total chief Christophe de Margerie's belief that oil prices may rocket back up to the $100 mark if further investment into oil exploration is not followed through.  According to Bloomberg, state-run monopoly Saudi Aramco says that it imagines little chance of pumping crude from idle fields in 2010 because demand for oil remains low.  Ukraine will offer 'absolute and unconditional guarantees' to restructure the debt of Naftogaz Ukrainy.  Greece is cooperating with Russia in the construction of the Burgas-Alexandroupolis oil pipeline and South Stream gas line, but with a predominant concern for its own interests, says Greek Prime Minister Costas Karamanlis, according to ITAR-TASS.   37 tenders for the Shtokman gas field ...

Oil major BP Plc (BP) plans to scale back its wind power business in India. The company is in the process of divesting its entire portfolio of wind-power assets in the country.

India’s largest infrastructure-focused private equity fund – IDFC Private Equity – is buying out the assets for about $134 million. BP owns 100 megawatts (MW) of wind energy generating facility in two states in India.

Wind is an important part of BP’s energy portfolio. It brings a steadily growing stream of revenue to the company. As energy is sold under long-term purchase agreements, it offers a low-risk return on investment. Yet, the company is divesting assets in India to focus on more dynamic US wind market.

With oil majors cutting capital spending across the board in response to the global recession, BP has scaled back a total of 225 MW wind installation projects this year. The

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Savoy Energy Corporation, an independent oil and gas company based in Texas, specializes in what is called “recompletion” and “workover” activities. What this means is that the company is very good at identifying and acquiring abandoned oil and gas wells that still have a lot to give, and bringing them back into production using advanced processing technologies and careful management. Savoy is known for its ability to economically extract significant remaining product from abandoned wells.

Savoy is already producing oil from four wells, and has identified 18 other U.S. wells that are favorable candidates for turnaround. In addition, the company recently announced plans to create a joint venture in the South Pacific island of Fiji to license properties there for oil exploration and drilling.

As long term fossil fuel prices continue to rise, the demand for more production from previously producing wells is

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Why Is Beijing Investing $200 Billion in One Company? The answer is simple. This rail company hauls 25% of the world’s freight – but it only has 6% of the world’s track. Right now, freight supply is 65% shy of demand. Sales for this company have grown on average 47% over the last five year. And now, with a $200 billion infusion, it’s about to jump even higher. Estimates show the potential gains at 356%. Click here for the full report.

BP PLC (NYSE ADR: BP) yesterday (Wednesday) announced a “giant” oil discovery in the Gulf of Mexico that may contain more than 3 billion barrels of oil. The find is evidence of the Gulf’s resurrection as a major oil producer, as well as the great lengths – or depths – to which major oil companies must go to find vibrant wells.

The well, known as the …

BP PLC (NYSE ADR: BP) yesterday (Wednesday) announced a “giant” oil discovery in the Gulf of Mexico that may contain more than 3 billion barrels of oil. The find is evidence of the Gulf’s resurrection as a major oil producer, as well as the great lengths – or depths – to which major oil companies must go to find vibrant wells.

The well, known as the Tiber Prospect, is one of the deepest wells ever drilled with a total depth of about 35,055 feet, or 6½ miles. An appraisal will be required to determine the size and potential commercial value of discovery, but preliminary estimates suggest the field is bigger than Kaskida, a 2006 discovery that boasted 3 billion barrels of oil equivalent (boe).

“Tiber represents BP’s second material discovery in the emerging Lower Tertiary play in the Gulf of Mexico, following our earlier Kaskida discovery,”

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Manas Petroleum Corp., the Swiss-based international oil exploration and development company, stands out in its cost-sensitive approach to acquiring land positions in major oil basins around the world. The Manas strategy is to acquire and farm-out the holdings to partners, with those partners paying all costs until commercial production is undertaken. This approach allows Manas to retain substantial carried interests, maximizing potential growth while significantly reducing financial costs and risk. An additional element of the strategy is diversification, which further reduces risk.

One area of focus for the company is the exploration and development of giant hydrocarbon assets in the former Soviet Union or its satellites. Although Soviet exploration and development technologies were decades behind those of the West, their record keeping of geological results was excellent. These records indicate the existence of numerous and large un-drilled structures with potential oil. In areas where drilling did occur, such as the

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Manas Petroleum Corp. is an international oil exploration and development company. Founded in 2004, they have their corporate headquarters in Baar, Switzerland. The company spent its first two years acquiring and developing their Kyrgyz Republic, Tajikistan, and Albanian projects. Trading on the OTCBB, the company’s focus is on exploring and developing projects in Southeastern Europe, Central Asia, and South America. Their portfolio currently consists of over five million acres in five countries.

Manas Petroleum has one project in the Kyrgyz Republic of Central Asia. Here, Manas has acquired and farmed-out to Santos International Holdings Pty Ltd. 70 percent of their interest in six licenses, covering 3,152 square kilometers. This 70 percent farm-out is on condition of Santos funding and conducting a $54 million seismic, exploration, and appraisal-drilling program.

Manas also acquired an exploration license in Tajikistan that is adjacent to Manas Tuzluk Prospect within the Kyrgyz Republic license area. This

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The Quigley Corporation, (Nasdaq: QGLY) www.quigleyco.com today reported net sales of $1.7 million for the second quarter ended June 30, 2009, compared to net sales of $2.1 million for the second quarter ended June 30, 2008.

Gran Tierra Energy Inc. (NYSE Amex: GTE), a company focused on oil exploration and production in South America, today announced that testing of Costayaco-7 has been completed. In addition, production operations are continuing at a reduced level while repairs continue with the Ecopetrol-operated Trans Andean Pipeline west of Orito.

International Flavors & Fragrances Inc. (NYSE:IFF), a leading global creator of flavors and

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Savoy Energy Corp. is an independent oil and gas company seeking growth through a diversified portfolio of valuable oil and gas assets. The company recently announced it is in negotiations with Masi Corp. Holdings Ltd to finalize an oil exploration joint venture. The completed joint venture will result in the Savoy-Masi Petroleum Corp. Ltd. entity, which will license properties in Fiji for oil exploration, recompletion and work-over activities.

Savoy is approaching the Fiji market because of rising oil costs and the opportunity for company shareholders.

“In the early 80s, a lot of the big oil companies were drilling for oil in Fiji before the price per barrel dropped. As a result of their activity, a significant amount of data was accumulated, including seismic data for reefal traps and proven reserves from drilling,” Art Bertagnolli, CEO of Savoy stated in the press

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