Top 10 Shipping Stocks For 2015

Top 10 Shipping Stocks For 2015: Target Energy Ltd (TEXQY)

Target Energy Limited is an Australia-based company engaged in the development, production and exploration of oil and gas in the United States of America. During the fiscal year ended June 30, 2012, the Company continued to develop and explore its oil and gas prospects in Texas and Louisiana. The Snapper wells in St Martin Parish, the Pine Pasture #1 and #2 wells in the East Chalkley field, the Merta #1 well at the Highway 71 prospect continued to produce. The Merta #1 well at the Highway 71 prospect continued to produce. Drilling commenced in the Fairway project on September 10, 2011, with the BOA 12 #1 well being completed as a producer. On August 12, 2012, the Darwin #1 well was drilled to a total depth of 3,070 meter. It is located three kilometer north-east of the BOA wells and will test both the Wolfberry and Fusselman formations. The Companys subsidiaries include TELA (USA) Inc, TELA Louisiana Limited Inc, TELA Texas Holdings Limited Inc and Target Energy Limited. Advisors' Opinion:

• [By CRWE]

  Target Energy Limited (OTCQX:TEXQY, ASX:TEX) (http://targetenergy.com.au/)is an oil and gas exploration and production company listed on the Australian Securities Exchange and trading under ticker “TEX” and OTC Marketstrading underticker “TEXQY”.

  Today (June 21), Target Energy Limited ticker (OTCQX:TEXQY)has remained(0.00%) +0.000 at $7.90 thus far (ref. google finance Delayed: 12:00PM EDT June 21, 2013), and Target Energy Limited on the Australian Securities Exchange ticker (ASX:TEX)remains (0.00%)+0.000 at $.070 with 60,514 shares in movement thus far (ref. google finance June 21, 2013 – Close).

  Target Energy Limitedpreviously reported that the company is continuing drilling operations at the Pine Pasture #3 oil well on their East Chalkey Oil Field in Parish, Louisiana. The Company had independent studies which indicated that put upside recoverable reserves for Pine Pas! ture #3 range between 250,000 and 450,000 barrels of oil. In addition, the report also revealed that the East Chalkey Field has an upside estimate of 4 million barrels of oil.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-10-shipping-stocks-for-2015.html