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6 pts

Opinion on  APCO Argentina Inc. (APAGF)     Sector: Energy  >  Industry: Oil & Gas Operations
Oil and gas company in Argentina

Feb 27, 2008 06:58 AM GMT
India_flag_background
Return Risk
-5.58% MID
Sr. Associate

Recent News   Fundamental Analysis   Favorable/Unfavorable Valuation  

references
1.
http://caps.fool.com/Ticker/APAGF.aspx
2.
http://www.energy-business-review.com/article_news.asp?guid=0...
3.
http://www.iht.com/articles/2008/02/25/business/energy.php

As the Fool analyst devoish points out
1.increasing wells and land holdings
2.zero debt
3.the country is facing an energy crisis(3)
4.Bolivia the holder of the major gas reserves in the region has problems of  its own
iht says
"Investment in Bolivian energy has been paralyzed since President Evo Morales nationalized the country's natural gas industry in 2006. Domestic energy demand has grown substantially because of artificially low prices set by the Morales government."

One word:BUY


APAGF:  This call was made on 02/27/08 @ $19.62
Rating:   Positive   $19.62 (02/27/08)
Closed:   04/18/2008 @ $26.98 (+37.51% in 51 days)
Allocation:   0.9% of portfolio


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Toby Lopez previously rated APAGF
Positive +5.62% Oil
05/02/2008
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