Goldman Small Cap Research Initiates Research Coverage of Pacific Oil Company
BALTIMORE, March 27, 2014 /PRNewswire/ --
Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, announced today that it has released a new research report on Pacific Oil Company (OTC: POIL), a junior energy production company with projects in Saskatchewan, Canada.
Global demand for both oil and natural gas is on the rise, as evidenced by recent industry estimates and reports by energy giant BP. Thus, management is growing the Company through a combined organic and inorganic strategy. The company has a working interest in a 12-well heavy oil production project and owns a 27-well natural gas project that sits on 9600 acres that could potentially produce light sweet crude oil as well.
In the Goldman Opportunity Research report on the Company, analyst Rob Goldman outlines his investment thesis.
"Pacific Oil's acquisition strategy that targets producing oil and natural gas wells is prudent and bodes well for the future. To that end, leadership has already demonstrated its desire to grow swiftly through acquisition, as evidenced by the recent bid submission to acquire a total 67 oil wells on or adjacent to the Maidstone site and talks with a seller regarding the acquisition of 11 natural gas wells neighboring the Lacadena site. With demand on the rise, and with wells and infrastructure nearby, Pacific Oil should be well-positioned to take advantage of economies of scale to achieve profitability."
This press release contains excerpts of our most recently published research report on Pacific Oil Company. Goldman Small Cap Research was compensated in the amount of $4000 by a third party in advance of the publication of this report. To view the sponsored research report, disclosures and disclaimers, or to download the report and update in their entirety, please visit http://www.goldmanresearch.com
About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
A Goldman Small Cap Research report, update, newsletter, or article is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download our research, view our disclosures, or for more information, visit http://www.goldmanresearch.com
About Pacific Oil Company (OTCPK - POIL): A Nevada based corporation, Pacific Oil Company is a dynamic junior energy company with assets and production within the energy-rich province of Saskatchewan, Canada. The Company's strategy is to grow rapidly through low risk acquisitions, as well as through further development of existing properties. Pacific Oil's management believes that a balance must be struck between short term profitability and long term growth.
For more information, please visit the Company's website: http://www.Poil.us
Goldman Small Cap Research
Rob Goldman, Analyst
+1-410-609-7100
[email protected]
SOURCE Goldman Small Cap Research
Share this article