bunch of other oil and gassy kind of guys to find out

what’s going on with Clarke, formerly one of this country’s

top-ranked oil and gas analysts for two years running.

These days his role with CGX Energy means that he

is traveling the world almost constantly for conferences

and the like so needless to say, we would expect him to

come up with some interesting stories to be following in

the oil and gas patch.

First onto CGX Energy. Clarke and just about everyone

else is pondering the news from Inpex about how they

spend over $100 million and yet don’t say anything about

the results of their well offshore Suriname. Needless to

say the rumors are everything from not much to a heck of

a hole, but most people seem to be concentrating their

thoughts on Inpex’s deal with the Surinamese and if they

want or need an extension on their lease and maybe

there’s just a whole bunch of dickering going on between

Inpex and the Surinamese government.

I wouldn’t be surprised to find out that CGX, after a

13/14 year wait, will be spudding their Jaguar play any

day, any hour, and we will finally find out whether tiny

CGX Energy has a chunk of a billion barrel play...or

not...after this huge long wait.

Clarke is also on the board of directors of another high

risk/high reward play which we will call a ‘lottery ticket’

kind of like CGX and that’s Shoal Point Energy. As we

mentioned, that’s probably worth following now too.

But we ask Clarke to turn on his crystal ball and find

some plays that we should be watching at this time. He is

a kind of fan of

of their recent discoveries and he thinks it has

some traveling to do if and when the markets ever get a

little more generous.

could work plus given their other operations, giving this

stock a firm base.

One stock that I’m sure you haven’t heard of is

which trades on the AIM market for their massive, possibly

30 TCF discovery on the East Coast of Africa in Mozambique.

Tiny Cove only has about a 10% to 20% interest

in the play and needless to say, plays like this take a

long time to develop, but it is one he suggests is worth

watching.