Oil Stock: Joanna Hruska (I)
Joann Hruska, Aston Hill Financial
ENDEV ENERGY (TSE:ENE): some new management two years ago, excellent from larger company. Shallow gas wells moving into deeper, more oil production. I like Endev at these prices. Do not have debt issues, would be buying at these prices.
NEXEN ENERGY (NYSE:NXY TSE:NXY): budget for 2008, flat production; Gulf of Mexico production disappointed. Would perhaps sell Nexen and switch to something similar: SUNCOR, CANADIAN OIL SANDS. Without growth cannot justify.
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