Spotlight Growth
No Result
View All Result
Friday, February 3, 2023
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
No Result
View All Result
No Result
View All Result
Home Commodities

Advantagewon Oil Corp (OTCQB: ANTGF) (CSE: AOC) Reports Average Daily Oil Production At 45 BOPD, Estimates $60,000 Revenues For January

by admin
February 2, 2018
in Commodities, Sponsored
0
Crude Oil Advantagewon News Press Marketed

Crude Oil Advantagewon News Press Marketed

Sacramento, CA , Feb. 02, 2018 (GLOBE NEWSWIRE) — A new report has been published on Advantagewon Oil Corp. (OTCQB: ANTGF) Advantagewon Oil Corp. operates as a low-cost and low-risk oil exploration and production company within the state of Texas. As of February 2018, Advantagewon Oil Corp has around 24 low-cost prospects across two properties within the state: La Vernia and Saratoga. The company holds leases covering 3,500 plus acres on the La Vernia field, 400 acres on Saratoga property. Currently, Advantagewon Oil Corp. has operational oil wells at its La Vernia and Saratoga properties, where the company has production costs of $11 per barrel and $12 per barrel respectively.

The report provides an overview of Advantagewon Oil Corp., its oil properties/leases, industry analysis, and the outlook for the U.S. oil markets for 2018.

Goehring & Rozencwajg: WTI Crude Oil To Hit $100 In 2018

As the first month of 2018 comes to a close, oil stands among the top performers. WTI Crude Oil saw gains greater than 7.00% for the month of January, closing at just under $65 per barrel. The long-term trend on oil’s Commitment of Traders (COT) report remain very bullish, as commercial hedgers and large traders continue to add to their positions.

According to a recent report from natural resource investment management firm, Goehring & Rozencwajg, the oil markets are on track to hit $100 in 2018. The firm sees the rallying continuing due to the continuation of oil inventory drawdowns, improving demand, decrease in large oil discoveries, and signs of exhaustion within the U.S. shale market.

“Since we first outlined our thesis one year ago, oil inventories have drawn by as much as 650,000 b/d relative to normal – a record rate. The market deficit continues to get worse, and 2018 should see inventories draw further. With the market in deficit, demand surging higher and the rest of the non-OPEC world feeling the impact of meager conventional discoveries, the burden of balancing the market falls to the US shales. However, signs are emerging that the US shales are exhibiting the first signs of field exhaustion and will not be able to make up the shortfall. Inventories should continue to fall, putting upward pressure on oil prices. Our thesis – $100 oil sometime in 2018 – is looking more and more possible,” detailed the resource outlook report.

Goehring & Rozencwajg also commented on the lack of attention to the oil rebound, which is up around 150% since bottoming in February 2016. The firm notes that investors continue to rely on consensus data rather than actual fundamental improvements. The firm concluded that the continued neglect from investors and coinciding fundamental improvements in the oil markets could “present investors with a phenomenal buying opportunity.”

Advantagewon Oil: First Quarter Drilling Program To Expand Oil Production Capabilities By 15 BOPD Initially

Advantagewon Oil Corp. recently released its proposed first quarter 2018 drilling program, which detailed the intent to drill between six to ten wells across three of its current LaVernia leases by the end of March 2018. These initial wells will target two shallow Poth sands at depths from 1,100 to 1,400 feet. Poth does not require fracing to produce, which allows the company to save on expenses and increase cash flow. Overall, the new wells are expected to add an additional 15 barrels of oil per day (BOPD) in production initially.

Furthermore, the company took the opportunity to announce that its average daily oil production has hit approximately 45 BOPD. Management forecasts monthly revenues net of royalties to come in around $60,000 USD for the month of January.

On January 24th, Advantagewon Oil CEO Charles Dove interviewed with the “Stock Day” podcast to provide more details on the company’s Texas operations. Mr. Dove notes that advanced technologies and upgraded wells have revitalized the Texas oil landscape, which was once considered to be tapped. “There is still a lot left to do. A lot of low-risk opportunity and we just see that as a great way to grow a company right now,” detailed Mr. Dove.

Overall, Advantagewon Oil has an exciting future ahead, as the low-cost producer continues to expand its production capabilities across its properties. Oil market fundamentals continue to stabilize and improve, despite the lack of attention from investors. However, the commitment of traders (COT) report shows that the “smart money,” the commercial hedgers, are continuing to expand on their short positions on oil to multi-year highs. Advantagewon Oil is entering a period of high-growth and margins, as oil prices continue to march higher.

For more information on Advantagewon Oil Corp., please visit https://www.aoc-oil.com and https://spotlightgrowth.com//2018/02/01/1-stock-consider-oil-forecast-hit-100-2018/

 SpotlightGrowth.com is a digital hub for micro-caps, small-caps, crowdfunding, cryptocurrency, and other emerging growth investors. SpotlightGrowth.com serves as our media subsidiary and provides insights on small cap companies.

Disclaimer:

Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.

All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated eight hundred dollars cash and one thousand dollars worth of restricted stock for the creation and dissemination of this content.

This material does not represent an investment solicitation. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management.

The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings.  Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.

Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com//disclosures/

Tags: acquisitionAdvantagewon OilANTGFAOCcommoditiescommon stockCSEemerging growthenergyinvestmentmicrocap stocksoiloil forecastoil outlookoil priceoil productionoil stocksOTCQBpublic companyrevenuesmall cap companiessmall cap stockssmall capsSpotlight GrowthSpotlight Growth Stocks
  • Trending
  • Comments
  • Latest
Asure Software NASDAQ ASUR Human Capital Management HCM Industry Spotlight Growth

Asure Software (NASDAQ: ASUR) is Expanding to Meet the Rising Demand for Human Capital Management Software

September 27, 2022
OLB Group NASDAQ OLB Cuentas NASDAQ CUEN Partnership Fintech Spotlight Growth

OLB Group (NASDAQ: OLB) and Cuentas (NASDAQ: CUEN) Team Up to Bring Fintech Solutions to Over 32,000 Bodegas Across the United States

October 6, 2022
Siyata Mobile NASDAQ SYTA SYTAW SD7 VK7 Purchase Orders Spotlight Growth

New Purchase Orders for SD7 Rugged Device, VK7, and Other Accessories Boost Siyata Mobile’s Outlook (NASDAQ: SYTA)

December 14, 2021
Telcoin TEL Crypto Spotlight Growth

Telcoin (TEL) Quietly Leads a Crypto Remittance Revolution

June 15, 2021
Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

0
Safe-T SFET NASDAQ UN Presentation

Safe-T (NASDAQ: SFET) Has Been Selected to Present at the United Nations’ Office of Information and Communications Technology Event

0
Safe-T Group SFET Q4 FY 2020 Financial Results

Safe-T Group (NASDAQ: SFET) Reports Fourth Quarter and Full Year 2020 Financial Results

0
Safe-T Group NASDAQ SFET FY 2020 Prelim

Safe-T Group Ltd. (NASDAQ: SFET) Estimates Record-High Annual Revenues of Approximately $4.9 Million Representing ~50% Growth YoY 2020

0
Elys Game Technology Corp NASDAQ ELYS Completes Acquisition of Engage IT Services Spotlight Growth

Elys Game Technology Corp (NASDAQ: ELYS) Completes Acquisition of Engage IT Services, a Software Engineering and IT Development Company

February 2, 2023
Tenax Therapeutics NASDAQ TENX US Patent Levosimendan PH-HFpEF Spotlight Growth

Tenax Therapeutics (NASDAQ: TENX) Granted U.S. Patent for IV Levosimendan for Pulmonary Hypertension with Heart Failure and Preserved Ejection Fraction (PH-HFpEF)

February 2, 2023
Versus Systems NASDAQ VS Resolve Debt Partner AI Gamification Consumer Debt Spotlight Growth

Versus Systems (NASDAQ: VS) and Resolve Debt Partner to Integrated Generative AI and Gamification to Customer Payments and Credit Markets

February 1, 2023
Finding the Most Accurate Technical Analysis Indicator Spotlight Growth

Finding the Most Accurate Technical Analysis Indicator

January 31, 2023
ADVERTISEMENT

Recent News

Elys Game Technology Corp NASDAQ ELYS Completes Acquisition of Engage IT Services Spotlight Growth

Elys Game Technology Corp (NASDAQ: ELYS) Completes Acquisition of Engage IT Services, a Software Engineering and IT Development Company

February 2, 2023
Tenax Therapeutics NASDAQ TENX US Patent Levosimendan PH-HFpEF Spotlight Growth

Tenax Therapeutics (NASDAQ: TENX) Granted U.S. Patent for IV Levosimendan for Pulmonary Hypertension with Heart Failure and Preserved Ejection Fraction (PH-HFpEF)

February 2, 2023

Categories

  • Bio/Med/Pharma
  • Cannabis
  • Commodities
  • Consumer Goods
  • Crowdfunding
  • Crypto Cheat Sheets
  • Cryptocurrency
  • Earnings
  • Education
  • Entertainment
  • Financials
  • Market News
  • Opinion
  • Politics
  • Real Estate
  • Split Watch
  • Sponsored
  • Store
  • Technology
  • Uncategorized
  • Venture Capital/Private Equity (VC/PE)

Site Navigation

  • Disclosures
  • Terms Of Service
  • Privacy Policy
  • Contact Us

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

No Result
View All Result
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

Newsletter Signup

Subscribe to our weekly newsletter below and never miss the latest small/micro-cap analysis and investment news from Spotlight Growth.

Enter your email address

Thanks, I’m not interested