Drilling begins November 2009...
'Saudi of the Deep South'
Studies reveal there could be 10 billion barrels of recoverable oil off the coast of New Zealand
At current prices, that's $670 billion in untapped crude
And one tiny Aussie company will use a revolutionary submersible drill to find it...
Read on and stake your claim
in the biggest oil story of 2010
in the biggest oil story of 2010
Dear Reader,
"Saudi-sized structures, they are that big."
That's GNS Science's David Darby's take on the oil reserves contained deep off the coast of New Zealand's Taranaki Basin.
"The deepwater frontiers of New Zealand beckon," says Darby.
He estimates up to 10 billion barrels of oil could be recovered.
That's more oil than Norway, Oman, India, Indonesia and the United Kingdom.
Of course, this oil has to be found first. And one tiny Australian company - stock selling for just $2.57 on the ASX - is leading the pack by a country mile.
It has already found and has the rights to drill for more than 55 million barrels... using a revolutionary new semi-submersible rig to extract oil from waters that are up to 25,000 feet deep.
This drilling starts in November this year.
This story has come right out of leftfield. Right now it's getting almost ZERO press coverage. Bottom line: if you're an investor looking to get in right at the bottom of what could be the biggest growth stock story of 2010, now is the time to act.
How much do you stand to make?
As you probably know, many of the world biggest and oldest oil fields have already peaked or are nearing peak production.
Right now - and in the coming months and years - the BIG money in oil will come from finds made in new or previously inaccessible areas.
If you can get advance warning of a company that a) has found a sizeable and previously unknown oil deposit and b) has the rights to pump the oil... then you stand to make a great deal of money.
How much?
It's hard to estimate. Every oil find is different.
Take Heritage Oil...
The Financial Times got wind that this explorer had found a massive field in Iraqi Kurdistan. Shares shot up 25% in a day... and have risen 223% since February.
Or Givot Olam Oil Exploration...
This Israeli company struck oil at a site near Rosh Ha'ayin... and shares jumped immediately by 32% in a matter of hours...
Or Irish explorer Petrel Resources...
In 2003 Petrel was one of the first companies in the world to get drilling rights in post-Saddam Iraq. Shares steadily climbed an astounding 706% in just 15 months.
These are 'outside-the-norm' finds... and outsized gains for investors who get ahead of the rest on the developing story.
These kinds of stories will characterise the energy landscape for the next 10 years and more - and if you're an investor with speculative capital you're willing to put on the line, they're stories YOU will want to hear about.
I reckon I've found such a story for you: virtually on your front doorstep. One that could easily outshine anything you may have heard about or profited from this millennium.
Intrigued?
You can get my full analysis on the tiny Australian stock that's about to unleash the 'Saudi of the South' by checking out this recent issue of my investment newsletter Diggers and Drillers.
It's a no-obligation deal, so you have nothing to lose by taking a look.
But you need to act fast.
At the moment, the Taranaki basin is still massively under-explored by world standards. Only a total of about 400 wells have been drilled so far, compared with the tens of thousands that had been drilled in the similar-sized British portion of the North Sea.
"Greater Taranaki has the characteristics of world-class petroleum systems around the globe," says Darby.
And this small explorer whose shares you can buy for $2.57 has a 42% stake in the whole area!
Click on the link below for the full, remarkable story.
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Copyright - 2008 Port Phillip Publishing Pty Ltd All Rights Reserved
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Calculating Your Future Returns
It's important to remember that investing in shares can lose you some or all of your money. The potential gains in this letter are based on investing in Australian dollars on the Australian Stock Exchange unless otherwise indicated and do not include taxes, brokerage commissions, or associated fees. Please seek independent financial advice regarding your particular situation. Also, while useful for detecting patterns, the past is not a guide to future performance. The value of any investment, and the income derived from it, can go down as well as up. Investments in foreign companies involve risk and may not be suitable for all investors. Specifically, changes in the rates of exchange between currencies may cause a divergence between your nominal gain and your currency-converted gain, making it possible to lose money once your total return is adjusted for currency. For any investment, never invest more than you can afford to lose, and keep in mind the ultimate risk is that you can lose whatever you've invested. If in doubt of the suitability of an investment please seek independent financial advice.
Port Phillip Publishing Pty Ltd holds an Australian Financial Services License: 323 988.
ACN: 117 765 009 ABN: 33 117 765 009
Copyright - 2008 Port Phillip Publishing Pty Ltd All Rights Reserved
To view our Combined Financial Services Guide and Product Disclosure Statement visit this link.
Calculating Your Future Returns
It's important to remember that investing in shares can lose you some or all of your money. The potential gains in this letter are based on investing in Australian dollars on the Australian Stock Exchange unless otherwise indicated and do not include taxes, brokerage commissions, or associated fees. Please seek independent financial advice regarding your particular situation. Also, while useful for detecting patterns, the past is not a guide to future performance. The value of any investment, and the income derived from it, can go down as well as up. Investments in foreign companies involve risk and may not be suitable for all investors. Specifically, changes in the rates of exchange between currencies may cause a divergence between your nominal gain and your currency-converted gain, making it possible to lose money once your total return is adjusted for currency. For any investment, never invest more than you can afford to lose, and keep in mind the ultimate risk is that you can lose whatever you've invested. If in doubt of the suitability of an investment please seek independent financial advice.
Port Phillip Publishing Pty Ltd holds an Australian Financial Services License: 323 988.
ACN: 117 765 009 ABN: 33 117 765 009