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Invest in the Next Offshore Drilling Boom The Second Gulf “Black Gold Rush” Heats Up
But now the sleeping giant is awakening. Thanks to new 3-D seismic technology, deepwater drilling in the Gulf is experiencing a dramatic resurgence. This Gulf of Mexico drilling renaissance is most evident in the record deepwater lease sales reported these past few months. One of the most recent lease sales in the Gulf topped $2.6 billion, making it the most competitive American lease sale in more than two decades, according to the Houston Business Journal. Bids were sky-high, with the average winning bid increasing by 260% over last year. ************Special Report************ The Ancient Secret of China Lake There is a secret, carefully guarded “energy discovery site” just 113 miles northeast of Los Angeles, Calif., that anybody who’s ever wanted to explore booming energy stocks needs to know about. The U.S. Navy has given it a code name: “China Lake — Navy One.” It’s surrounded by barbed wire. Guards with machine guns watch everybody who comes and goes. And armed Navy jets patrol the skies above. What could possibly be so secret? Find out here, and score the only way to profit from it… ************************************ There used to be a significant discount for companies that were looking to explore the area. Now that is no longer the case. According to Gulf research analysts, bids that would have been competitive in the past were easily surpassed. BHP Billiton, Anadarko and Hess won less than 25% of their submitted bids, with big bidders Shell, Chevron and Marathon Oil offering significantly more money for the drilling leases. Just this morning, the New Orleans-based Tidewater, Inc. (TDW: NYSE), which has the world’s largest fleet of offshore vessels, announced plans to renew its fleet. The company is planning to add 50 new vessels by 2011. The average age of the company’s vessels is 25 years old. The company also hinted at shopping around for both outside contracts and possible acquisitions. The Best of Gulf Oil and Shipping There’s another steadily growing company that fits this profile perfectly. We’ll call it Company X. This company is, at heart, a small family company that builds and repairs steel and aluminum marine vessels. The company operates multiple shipyards on the Gulf Coast — mostly in Louisiana and one in Texas. This is more than an investment in boats and barges. It’s also a play on oil production in the Gulf of Mexico. You see, Company X also makes modular components of offshore drilling rigs and floating, production and offloading vessels. The company makes almost every conceivable ship, including barges, single- and double-hull tank barges that haul valuable oil, tugboats and ferries. It’s a booming industry, as you now know. And this company is well positioned to profit. ************************************ Invest in an Undiscovered IT and Network Security Company That Racked up 457% Gains in Just 2 WEEKS On Jan. 20, 2006, shares of China Technology Development Group (NASDAQ: CTDC) traded for just $2.18 per share. Most investors had never heard of this tiny company, but CTDC was poised for an amazing run. Between Jan. 20 and Feb. 2, shares rose from $2.18 to $12.15. And it was the first step to turning $200 into $9.4 million. If you invested $200 on Jan. 20, you were sitting on $1,114 by Feb. 2. That's a 457% rise in TWO WEEKS. But that was only the start to the “Stocks Strings” that turned $200 into $9.4 Million in only a year and a half. Get on board for the next one, right now… ************************************ Its business is split into two separate (and profitable) segments: Vessel construction and repair and conversions. These are fairly self-explanatory. Vessel construction is the engineering, design and building of new boats, barges and other equipment. And repair and conversions encompass all work performed on an existing piece of equipment. While the shipbuilding side of the business operates on land at the company’s facilities, the repair business is mobile. Most repairs are made on floating dry docks or the ships themselves. Amazingly enough, Company X’s stock remains virtually undiscovered. It has an extremely low price-to-earnings ratio, and it trades for less than its annual sales. It’s still trading at “dead sea” prices as the new Gulf boom is beginning to take shape. We’ll keep our eyes out for more to come from this boom… Best, P.S.: My Bulletin Board Elite readers found out about “Company X” about two months ago, but so far it is trading near our buy price. You can get all you will ever need to invest in this company, plus two brand new explosive picks I’ll be releasing to start the new year, right here… |
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Greg Guenthner is the editor for Penny Stock Fortunes and has helped in developing the Million Dollar Portfolio... <click here for full bio> |
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