Dallas, TX 1/26/2009 1:23:59 PM
BEEI Could be on the Verge of a Move Higher – An OTCPicks.com Featured Small Cap of the Week
Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of Bald Eagle Energy Inc (OTCBB: BEEI) on their exclusive small cap alerts service. Mr. Dean comments, ‘According to former President George Bush, "We ought to be encouraging investment in oil and gas close to home if we're trying to mitigate the problems we face." And we couldn't agree more. This is precisely why we are alerting members right now to our latest stock idea - Bald Eagle Energy (BEEI).
This Houston-based oil and gas exploration company holds a 100% working interest in six separate leases on Alaska's North Slope. The company claims that these leases total over 18,000 acres and located east of the Arctic Fortitude Unit and south of the Prudhoe Bay Unit.
So why is this location so important? Well, it just so happens that the Prudhoe Bay Field has produced in excess of 10 billion barrels of oil and is North America's LARGEST OIL FIELD. And being located just south of this oil-rich area could spell HUGE OPPORTNITY for BEEI.
Apparently we are not alone in our belief because major industry players like ExxonMobil, ConocoPhillips, Chevron and Anadarko have also begun exploration in this area as well. While these large industry players pose no threat to BEEI's 18,000 acres, it is comforting to know that these behemoths are in agreement with BEEI that this is a prime oil exploration area..
To join OTCPicks.com’s free investment alert service please visit http://www.otcpicks.com/microcap.htm
To view the OTCPicks.com Company Profile for Bald Eagle Energy Inc., please visit http://www.otcpicks.com/bald-eagle-energy-inc.htm
About Bald Eagle Energy Inc.
Bald Eagle Energy Inc. (BEEI) is exploring for and developing petroleum resources in one of the most promising, oil-rich regions of Alaska - the North Slope basin. The Company has a 100% working interest in six large leases covering over 18,000 acres in Alaska's North Slope. This region accounts for about 15% of total annual U.S. oil production and, since the 1968 discovery of huge oil reserves, has produced more than 14 billion barrels of crude oil. The Company’s land borders the Prudhoe Bay Unit to the south, which is operated by industry giants such as BP, ExxonMobil, ConocoPhillips, Chevron and Anadarko.
About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has received two thousand five hundred dollars from BlueWave Advisors for BEEI advertising and promotional services.
OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.
