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Mountainview Energy Ltd. (MVW.V)

Discussion in 'Stock Market News & Analysis' started by mickymoose99, Jul 17, 2011.

  1. mickymoose99

    mickymoose99 Member

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    BHP Billitons recent news release could have Mountainview Energy Ltd. (MVW.V) in Great Position. Petrohawk Buyout puts Bakken and Eagle Ford Mid-Caps in Play. BHP Billiton (BHP) agreed to pay $15B ($12B in cash and $3B in assumed debt) for Petrohawk (HK) on Thursday. This amounted to $37.25/share, a huge premium given HK closed Thursday at $23.49/share. With this deal and the recent Marathon deal for Eagle Ford acres, the going price for Eagle Ford leases seems to be about $20,000 per acre. This is a huge increase in the price these acres commanded just a few years ago. It means the Bakken acres are in the same boat (and perhaps others as well) and that the Price/Book ratios of almost all of the players are too low. This effectively raises the prices on all of the oil leases in the major oil shale plays and that is before any oil has been definitely “proven” to exist beneath these acres. A must read - http://ow.ly/5GoYa





    About Mountainview Energy Ltd. (MVW.V)



    Profile:



    Mountainview Energy, Ltd. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties primarily in the Williston Basin and South Alberta Bakken in northern Montana. It explores for crude oil, condensate, and natural gas. The company primarily owns interests in the Loneman Coulee field located in Pondera County, Southwest Pondera Prospect located in Teton County, and Lake Frances Field located in Pondera County in Montana. It also holds interests in Montana State Lands in the South Alberta Bakken Play, as well as interests in lands in Pondera County, Teton County, and Toole County. The company was incorporated in 2000 and is headquartered in Cut Bank, Montana.





    MVW has recently been financed to purchase 11,200 acres in Sheraton County, North Eastern Montana and 52,000 + acres in North Central Montana. The Sheraton acreage is in the Williston Basin area and is in the heart of a new Bakken/Three Forks Play. Their cost was US $600 an acre for property.




    Lake Frances Alberta Bakken Prospect

    Mountainview Energy owns and operates 60,000 net acres in the Lake Frances Bakken area. This acreage is in Northwestern Montana in Pondera County. This brings Mountainview’s total acreage in the South Alberta Bakken play to 73,000 net acres. Mountainview Energy is currently adding to this acreage position. The Alberta Bakken is a new, unconventional resource play that is located in Northwestern Montana and Southwestern Alberta. Mountainview Energy is currently evaluating the play for an upcoming drilling program.



    This property shows exceptional promise for oil in the Sunburst and Three Forks Shale formations of the Alberta/Bakken play being drilled by Shell and Rosetta Resources Inc. (ROSE). MVW announced on March 28th, the completion of an additional Private Placement of @ CND $2.5 million at CND $.90. They have made additional announcements regarding additional acreage they have acquired.





    View the BMO Capital Markets Oil & Gas report on Alberta Bakken: Click here - http://ow.ly/5GpYT



    The Best Junior Oil Stocks in the Alberta Bakken - http://bit.ly/o9SbPL



    For More Information And To Do Some Research On Mountainview Energy Ltd. (MVW.V) And The Bakken area Visit Their Website @ http://mountainviewenergy.com/



    Mountainview Energy Ltd. (MVW.V) Chart Link - http://bit.ly/qrOEXF



    Listed on the Toronto Venture Exchange (TSX-V) symbol MVW (US:MNVWF)



    CaptainKaoss Big View On Mountainview Energy - http://captainkaoss.wordpress.com/2011/04/13/big-view-mvw-mountainview-energy-wwww/



    To View Mountainview Energy Corporate Presentation Click Link http://slidesha.re/qlNVWJ



    Be Sure To Follow ( MVW.V ) On Facebook ( http://on.fb.me/obEfyD ) and Twitter ( http://bit.ly/nWHyBx ) for Daily Updates!



    Mountainview Energy Ltd. (MVW.V) closed out Friday up 2.27%, with a days range ( 0.43 X 0.45 ) and volume over 200,000.

    With the news on BHP, this could be the time to Keep Watch on ( MVW.V ).
     
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