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Stock Ideas Wall Street Stock Ideas Stock Alert Buy BEEI 
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| What if I told you Shell, BP, Exxon Mobil, BHP Billiton, Chevron and ConocoPhillips have committed more than $100 billion into a new source of energy? You’d definitely want to get involved in the early stages, right? | |
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| Stock Alert Buy BEEI |
| Monday, 26 January 2009 | ||||||||
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I think the main focus should be that the new CEO of BEEI has major experience in the oil industry and has proven himself. There is no good reason for us to be so dependent on foreign oil when we have huge reserves in Alaska! BEEI is committed to exploring the vast energy resources found in this massive oil producing state. BEEI understands that foreign oil is a major cause of political and economical problems for the United States and that we really need to turn to our own country for fuel. Alaska is sitting there with tons of oil and we need to take better advantage of this! According to LAPP Resources, Inc. Geological Report, “the (North Slope) basin is highly productive, and (Bald Eagle) leases are very close to the largest oilfield in North America, the Prudhoe Bay field. This indicates that the area is very prospective for further conventional oil and gas discoveries.” And Arctic Power D.C. Coordinator Roger Herrera adds that “Alaskan oil wells are so productive that it takes 150-200 wells in the Lower 48 states to match the output of one North Slope well.” BEEI realizes that the demand for oil here is colossal. The U.S. uses roughly 21 million barrels of oil a day and is consuming more gasoline than South America, Europe, Africa, and Asia combined! Companies like BEEI are working to feed this demand without having to rely on the Middle East. Huge companies like ExxonMobile and Chevron are already big players in finding Alaska oil.
BEEI entered a purchase agreement to acquire 100% working interest in six separate Alaska North Slope leases totaling 18,418 acres. The BEEI leases are located east of the Arctic Fortitude Unit and just south of the Prudhoe Bay Unit which has produced in excess of 10 billion barrels of oil from the largest oil field in North America - the Prudhoe Bay Field. BEEI is working so close to an area that has already produced so much oil makes the area very prospective for further oil and gas discoveries! In 2007, Alaska's oil production amounted to 719,000 barrels of oil per day and 262.43 million barrels of oil for the year. Oil production from Alaska's North slope represented roughly 20% of the U.S. domestic production in 2007! BEEI's newly appointed CEO Andrew S. Harper brings nearly 30 years of international oil and gas exploration and development experience, including 21 years with the major oil company ARCO and 17 years in managerial positions. BEEI's business model stresses reduced capital expenditures through a minimized team of experienced management, retaining the consulting services of industry experts only when needed, and utilizing third party drilling companies to limit equipment and operating expenses. As domestic consumption for oil increases in the world's top oil producing countries, so will the price. We really need companies like BEEI to help us gain energy independence! For more information on BEEI visit their website at: www.baldeagleoil.com Make sure you always do your own research and consult with your financial planner before making any type of investment decesion.
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