C. K. Cooper & Company Publishes Research Updates on Berry Petroleum Corp. And American Oil & Gas Inc.
Posted on: Wednesday, 18 January 2006, 09:01 CST
IRVINE, Calif., Jan. 18 /PRNewswire/ -- C. K. Cooper & Company published a 7-page research report on Berry Petroleum Corp. as well as a 7-page research update on American Oil & Gas Inc. .
Philip J. McPherson, Director of Research, commented, "Three years ago, Berry Petroleum began to diversify its asset base with the acquisition of Brundage Canyon from the Williams Company . Seven transactions later, Berry Petroleum has now accumulated over 1,000,000 gross acres of prospective Rocky Mountain acreage, affording the Company an unrisked resource potential of over 270 million barrels equivalent (MBOE) of oil and natural gas."
Brian J. Samuels, Associate Director of Research, commented, "Over the last couple of months, American has increased their net acreage position and resource potential in conjunction with gaining further essential knowledge about their Fetter Project. Simply put, American is in a better position now then they were months ago when shares were trading at a premium to the current price."
Berry Petroleum Corp. closed Tuesday at $75.00 per share. American Oil & Gas Inc. closed Tuesday at $4.05 per share.
C. K. Cooper & Company's clients may view this report by visiting: http://www.ckcooper.com/.
For more information, please contact: C. K. Cooper & Company Telephone: (949) 477-9300 18300 Von Karman Avenue, Suite 700 Facsimile: (949) 477-9211 Irvine, California 92612 E-Mail: administration@ckcooper.com
C. K. Cooper & Company is an investment-banking boutique that specialize in the energy sector with an emphasis on exploration and production companies.
Additional information on the securities mentioned in this report is available upon request. This report is based on data obtained from a source we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Because of individual client objectives, this report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
This report is not to be construed as an offer or the solicitation of an offer to buy or sell the securities herein mentioned. From time to time, this firm, its affiliated entities and/or their respective directors, officers, employees or members of their immediate families may have long or short positions in the securities mentioned in this report. These securities may be sold to or purchased from customers or otherwise by this firm, its affiliated entities, and/or its directors, officers, employees or members of their immediate families, as principle or agent.
C. K. Cooper & Company is a member of the National Association of Securities Dealers, CRD number 106578.
C. K. Cooper & Company
CONTACT: C. K. Cooper & Company, +1-949-477-9300, or Facsimile,+1-949-477-9211, administration@ckcooper.com
Web site: http://www.ckcooper.com/
Source: PRNewswire
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