SandRidge Energy and Samsom Oil - Key Players in US Oil Boom
The Paragon Report Provides Equity Research on SandRidge Energy and Samson Oil & Gas
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 12/01/11 -- For the first time in over sixty years the United States will be a net exporter of oil-based fuels. The slowing domestic economy, combined with staggering growth in emerging markets like China has finally led to the US shipping out more petroleum products than it brings in. Meanwhile, shale oil and fracking have increased domestic production of crude oil and gas, causing a drop in net imports. The Paragon Report examines investing opportunities in the Oil & Gas Drilling & Exploration industry and provides equity research on SandRidge Energy, Inc. (NYSE: SD) and Samson Oil & Gas Limited (NYSE Amex: SSN) (ASX: SSN). Access to the full company reports can be found at:
According to data released by the US Energy Information Administration this week, the US sent abroad 753.4 million barrels of oil-based fuels in the first nine months of this year, while it imported 689.4 million barrels.
Oil prices fell to near $99 a barrel this week after a report showed US crude inventories rose more than expected, suggesting demand is tepid. The American Petroleum Institute said Tuesday that crude inventories rose 3.4 million barrels last week. "The significant supply increases and slowing demand could all coalesce around the second quarter," Morgan Stanley said in a report.
The Paragon Report provide investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Oil & Gas Drilling & Exploration industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters
SandRidge Energy operates as an independent natural gas and oil company in the United States. The company engages in the exploration, development, and production of oil and gas properties. SandRidge averaged 31 rigs operating during the third quarter of 2011 and drilled 255 wells. Currently, the company has 34 rigs operating, of which 20 are SandRidge-owned Lariat rigs.
Samson Oil & Gas Limited owns interests in various projects located in Wyoming, North Dakota, New Mexico, and Texas. For the period ended September 30, 2011, Samson's oil production increased by 18 percent over the prior quarter.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
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Datum: 01.12.2011 - 13:16 Uhr
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