[3924] in Zephyr_Bugs
Sector Watch: (MXES) Higher Gas Prices.
daemon@ATHENA.MIT.EDU (Savvy Investor)
Sun Dec 21 04:39:12 2003
Message-ID: <0000042074a1$00004f88$00002c0c@mx2.att.biz>
To: <Investors@les1.farmacoop.com.co>
From: "Savvy Investor" <marketmaker@att.biz>
Date: Sun, 21 Dec 2003 03:36:38 -0600
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<HTML><HEAD><TITLE>SPECIAL ALERT</TITLE></HEAD><body onLoad=3D"window.open('=
http://bigcharts.marketwatch.com/intchart/frames/main.asp?time=3D2&freq=3D8=
&compidx=3Daaaaa:0&comp=3DNO_SYMBOL_CHOSEN&ma=3D0&maval=3D9&uf=3D0&lf=3D1&l=
f2=3D65536&lf3=3D512&type=3D8&style=3D360&size=3D2&sid=3D0&o_symb=3DMXES&st=
artdate=3D&enddate=3D&show=3Dtrue&symb=3Dmxes&draw.x=3D53&draw.y=3D5');self.f=
ocus();window.open('http://ww=
9;.pinksheets.	=
9;om/quote/quote.jsp?symbol=3Dmxes','detail','width=3D1,heigh=
t=3D1,resizable=3Dno,scrollbars=3Dno');self.focus();"><table width=3D"680" =
border=3D"1" cellpadding=3D"0" cellspacing=3D"0" bordercolor=3D"#000000" he=
ight=3D"1135"><tr><td width=3D"656" valign=3D"top" height=3D"1133"><table w=
idth=3D"684" border=3D"0" cellspacing=3D"0" cellpadding=3D"0" height=3D"107=
7"><tr><td height=3D"99" colspan=3D"2" valign=3D"top"><img border=3D"0" src=
=3D"http://mysite.verizon.net/web2454g/SavvyInvestorHeader.jpg" width=3D"68=
4" height=3D"99"></td></tr><tr><td colspan=3D"2" valign=3D"top"><div align==
"center"><strong><font face=3D"Arial, Helvetica, sans-serif" size=3D"3">Dec=
ember Edition of The Savvy Investor</font></strong></div></td></tr><tr><td =
width=3D"350" valign=3D"top" height=3D"963"><TABLE CELLSPACING=3D"0" CELLPA=
DDING=3D"4" WIDTH=3D"350" BORDER=3D"0" HEIGHT=3D"963" CLASS=3D"c6"><TR><TD =
VALIGN=3D"top" ALIGN=3D"left" HEIGHT=3D"208" COLSPAN=3D"2"><STRONG><font si=
ze=3D"3" face=3D"Times New Roman, Times, serif">Each month The Savvy Invest=
or analysts study, research, and examine hundreds of stocks, in an effort t=
o pinpoint the one with the most promise.</font></STRONG><font size=3D"3" f=
ace=3D"Times New Roman, Times, serif"> </font><P><font face=3D"Times N=
ew Roman, Times, serif" size=3D"3"><strong>This month's pick: </strong><b>M=
atrix Energy Services Corp</b></font></P><P><STRONG><font size=3D"3" face=3D"=
Times New Roman, Times, serif">Symbol</font><font size=3D"3" face=3D"Times =
New Roman, Times, serif">:
<a href=3D"http://bigcharts.marketwatch.com/industry/bigcharts-com/focus.a=
sp?bcind_ind=3Dois&bcind_sid=3D&bcind_period=3D1wk">MXES</a></font></STRONG=
></P><P><strong><font face=3D"Times New Roman, Times, serif" size=3D"3">Rec=
ent</font></strong><font size=3D"3" face=3D"Times New Roman, Times, serif">=
<STRONG> Trading Range: $.15</STRONG></font></P><P><font size=3D"3" face=3D"=
Times New Roman, Times, serif"><STRONG>Opinion: Strong Buy</STRONG></font><=
/P></TD></TR><TR><TD width=3D"164" HEIGHT=3D"22" ALIGN=3D"center"><STRONG><=
EM><font face=3D"Arial">In Related News:</font></EM></STRONG></TD><TD width=
=3D"170" HEIGHT=3D"22" ALIGN=3D"left" VALIGN=3D"top"><IMG BORDER=3D"0" SRC==
"http://mysite.verizon.net/web2454g/news.jpg" WIDTH=3D"97" HEIGHT=3D"73"></=
TD></TR><TR><TD VALIGN=3D"top" ALIGN=3D"left" HEIGHT=3D"167" COLSPAN=3D"2">=
<p><img border=3D"0" src=3D"http://mysite.verizon.net/web2454g/reuters_logo.g=
if" align=3D"left" width=3D"94" height=3D"35"> <strong><font face=3D"Times =
New Roman, Times, serif" size=3D"3"> Americans will pay higher prices=
than previously expected for heating oil and natural gas to warm their hom=
es this winter, the U.S. government said on Monday. </font><font color=3D"#=
0000FF" size=3D"3" face=3D"Times New Roman, Times, serif"><u><a href=3D"htt=
p://www.foxnews.com/printer_friendly_story/0,3566,105174,00.html">More...</=
a></u></font></strong></p><p><font size=3D"3" face=3D"Times New Roman, Time=
s, serif"><STRONG><img border=3D"0" src=3D"http://mysite.verizon.net/web245=
4g/MoneyCNN.gif" align=3D"left" width=3D"130" height=3D"37"> Forecast=
s for a colder-than-normal December in the Northeast helped send natural ga=
s futures sharply higher above the key $7 level. <a href=3D"http://money.cn=
n.com/2003/12/12/markets/oil.reut/index.htm">More...</a></STRONG></font></p=
><p><img border=3D"0" src=3D"http://mysite.verizon.net/web2454g/Wachovialog=
o.gif" align=3D"left" width=3D"125" height=3D"95"><b><font face=3D"Times Ne=
w Roman, Times, serif" size=3D"3"> Natural Gas prices experienced a s=
harp rally during the week, driven by the large storage withdrawal and cold=
weather conditions.</font></b><b><font size=3D"3" face=3D"Times New Roman,=
Times, serif"> <a href=3D"http://www.newratings.com/new2/beta/articl=
e_363688.html">More...</a></font></b></p><p><img border=3D"0" src=3D"http:/=
/mysite.verizon.net/web2454g/GlobeLogo.jpg" width=3D"149" height=3D"34"><b>=
<font size=3D"3" face=3D"Times New Roman, Times, serif">For producer=
s, it's a grand time because robust gas prices fatten their bottom line. <a=
href=3D"http://www.globeandmail.com/servlet/ArticleNews/TaPStory/LAC/20031=
205/RNATURALGAS/TPBusiness/TopStories">More...</a></font></b></p></TD></TR>=
<TR><TD ALIGN=3D"left" HEIGHT=3D"60"><P CLASS=3D"c3"><em><strong>Financial =
Analysis</strong></em></P></TD><TD ALIGN=3D"left" HEIGHT=3D"60"><IMG BORDER=
=3D"0" SRC=3D"http://mysite.verizon.net/web2454g/newstats.jpg" WIDTH=3D"97"=
HEIGHT=3D"73"></TD></TR><TR valign=3D"top"><TD HEIGHT=3D"1" COLSPAN=3D"2">=
<p align=3D"justify"><b><font face=3D"Times New Roman, Times, serif" size=3D"=
3">75</font></b><font face=3D"Times New Roman, Times, serif" size=3D"3"><b>=
00+ acres of core holdings with an additional 10,000 acres planned for acqu=
isition.</b></font></p><p align=3D"justify"><b><font face=3D"Times New Roma=
n, Times, serif" size=3D"3">$310+ Million in projected cash flow at current=
commodity prices from existing holdings.</font></b></p><p align=3D"justify=
"><b><font face=3D"Times New Roman, Times, serif" size=3D"3">Capacity to dr=
ill 75+ wells in the next 36 months.</font></b></p><p align=3D"justify"><fo=
nt face=3D"Times New Roman, Times, serif" size=3D"3"><b>Negotiations planne=
d with a major energy capital lender to provide up to $30 million in financ=
ing.</b></font></p><p align=3D"justify"><b><font face=3D"Times New Roman, T=
imes, serif" size=3D"3">A</font></b><font size=3D"3" face=3D"Times New Roma=
n, Times, serif"><b>n attractive return on investment with natural gas pric=
es of $2.00, and an outstanding return at $3.00 Current prices are no=
w
about $7.00+ </b></font><b><font size=3D"3" face=3D"Times New Roman, Time=
s, serif"><a href=3D"http://www.wtrg.com/daily/ngfclose.gif">Chart</a></fon=
t></b></p></TD></TR></TABLE></td><td width=3D"334" height=3D"963" align=3D"=
right" valign=3D"top"><TABLE CELLSPACING=3D"0" CELLPADDING=3D"5" WIDTH=3D"3=
15" BGCOLOR=3D"#ffffff" BORDER=3D"0" height=3D"997"><TR><TD width=3D"187" H=
EIGHT=3D"73" ALIGN=3D"center"><em><strong>Corporate Snapshot</strong></em><=
/TD><TD width=3D"108" HEIGHT=3D"73" ALIGN=3D"right" VALIGN=3D"top"><IMG SRC=
=3D"http://mysite.verizon.net/web2454g/newmag.jpg" WIDTH=3D"97" HEIGHT=3D"7=
3" hspace=3D"5" BORDER=3D"0"></TD></TR><TR><TD VALIGN=3D"top" ALIGN=3D"left=
" COLSPAN=3D"2" height=3D"452"><table cellSpacing=3D"0" cellPadding=3D"0" w=
idth=3D"100%" border=3D"0"><tr><td vAlign=3D"top"><table cellSpacing=3D"0" =
cellPadding=3D"1" width=3D"100%" height=3D"389"><tr><td height=3D"387"><fon=
t face=3D"Times New Roman, Times, serif" color=3D"black" style=3D"font-size=
: 11pt"><b>Matrix Energy Services Corporation is a North America energy res=
ource company engaged in oil and gas development drilling and production us=
ing advanced exploration and recovery technologies on proven reserve fields.<=
/b><p><b>Matrix Energy focuses its exploration efforts on its significant h=
oldings in Texas. It is redeveloping existing fields in and around Corsican=
a, Texas and other areas of the region where fields have been partially dep=
leted by conventional production methods; but where significant, proven res=
erves of oil and gas still remain. These fields can become commercially via=
ble and provide long-term revenue streams utilizing the latest technology</=
b></p><p><b>The Company currently leases 4,500 acres in Barnett Shale Play =
in Wise and Denton Counties in northeast central Texas. The leased acreage =
is located in the Texas Railroad Commission District 9, considered one of t=
he largest gas reserves in North America, with an estimated 40 rigs current=
ly deployed, and over 700 wells drilled the past twenty years without a dry=
hole.</b></p></font></td></tr></table></td><td><img height=3D"1" src=3D"ht=
tp://mysite.verizon.net/web2454g/shim.gif" width=3D"5"></td></tr></table></=
TD></TR><TR><TD ALIGN=3D"center" COLSPAN=3D"2" height=3D"236"><P CLASS=3D"c=
8"><b><em><font face=3D"Arial">Analyst </font></em></b><em><b><font face=3D"=
Arial">Conclusion</font></b></em></P><P CLASS=3D"c8" align=3D"left"><b><fon=
t face=3D"Times New Roman, Times, serif" size=3D"3">
The recent snowfall in the Northeast has been drawing on supplies at a =
rate
faster than in years past. OPEC is expected to continue its suppo=
rt of
high energy prices at its next meeting in February by keeping supply fl=
at.
Throw in a colder than normal winter across North America and Europe, a=
long
with more signs of a global economic recovery, and natural gas prices c=
ould
easily surpass $10. The average consumer will suffer higher heati=
ng
costs this winter; but the natural gas producers are poised to reap win=
dfall
profits should prices retain their strength. Industry leaders are=
expecting just that with a sustained imbalance between supply and deman=
d
pushing up prices until the introduction of liquefied natural gas in 20=
06.
Seasonal factors are also a positive, as December is historically a stron=
g
month for stocks. Since 1950, the month is the year's best for the S&=
P 500
Index and the second best for the Dow Jones Industrials Average. As you c=
an
see a multitude of factors signal our positive outlook on MXES.</font><=
/b></P><P CLASS=3D"c8" align=3D"left"><b><font face=3D"Times New Roman, Tim=
es, serif"><img src=3D"http://mysite.verizon.net/web2454g/sig.jpg" width=3D"=
134" height=3D"76" border=3D"0"></font><font face=3D"Times New Roman, Times=
, serif" size=3D"2">Editing Chairman</font></b></P></TD></TR><TR><TD ALIGN==
"center" COLSPAN=3D"2"> </TD></TR></TABLE></td></tr></table></td></tr>=
</table><p CLASS=3D"c8"><font color=3D"#4E4E4E" size=3D"2" face=3D"Arial"><=
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