The Great Canadian Oil Sands Plays: Update

This will be an update to the post that I had started a few days ago and never had a chance to finish ("The best investments we can't get our hands on"). This will include UTS Energy and many others. I still haven't recieved the info on investing in the TSX..yet because I am waiting for the info from my not so reliable source, lol.

Just so you know, not all of the picks are Canadian Oil Sands companies (but U.S companies with Oil Sands exposure. Some of the companies are Canadian, but with little to no Oil Sands exposure (I listed them because they are good).


Okay, here we go....

You know I like UTS Energy (UTS.TO or UEYCF.PK)
UTS.TO is at 4.95 and UEYCF is at 4.25

-------------------------

Conacher Oil and Gas Ltd (CLL.TO / CLLZF.PK) is another small oil stock at 2.40.
CLLZF is at 2.05.

This one is almost guranteed a double! CLL is engaged in exploration and production of oil and gas Western Canada and Argentina.

----------------------------

OPTI Canada Inc (OPC.TO/ OPCDF.PK) is another goody that hasn't gotten too much attention! OPC is engaged in the development of the Long Lake Oil Sands Project which it shares as a 50/50 joint venture with Nexen Inc (NXY which I will talk about later in detail) Oramat Technologies (ORA, NYSE) is also assisting with the project (lol, now I know why ORA has been performing great lately!) OPC is currently at 40 Canadian and OPCDF is at 33.98!

------------------------------

Canwest Petroleum (CWPC) is another small Oil sands play that has just gotten started! Lately is has been on fire, especially thanks to traders as well as investors. The stock is currently at 1.80 and may drop a little more as some people may want to take profits. Keep your eyes on the volume and the price. You can tackle this 2 ways...keep waiting for the pullback and keep following the stock down until it hits a support level (probably on a day with below average volume) or catch the stock on another momentum trip on high volume. This stock can be played as both a short term to intermediate term trade or investment, or a long term investment. The choice is yours

-----------------------------------

Canadian Oil Sands Trust (COS.UN/ COSWF.PK) is like the 800lb gorilla of the Canadian Oil Sands. You can imagine that this is THE Oil Sands Pure Play!
COS.UN is trading at 125.00 and COSWF is trading at 106.73!

I know that COSWF looks expensive, but its really not! This stock could easily break into the 150+ range! If you got a little bread, buy COSWF and reap the rewards later on!!

------------------------------------

Oil Sands Split Trust (OST.UN / OSDSF.PK) is a trust fund that holds shares of Canadian Oil Sands Trust. In essence it is almost the same company as COS.UN
One difference is the price. OST.UN trades at 105.25 Canadian, and OSDSF trades at 91.39 US

------------------------------------------

Western Oil Sands Inc (WTO.TO/ WTOIF.PK) is arguably one of my favorite Oil Sands Plays. It is currently trading at 28.01 on the TSX and at 23.78 on the pinks! I can easily see this hitting $30 really soon as long as oil stays above $45 a barrel. You can bet on it! Also WTO holds a 20% interest in the Athabasca Oil Sands Project.

---------------------------------------

Suncor Energy (SU) is arguably the easiest one to invest in, since it trades on the TSX and the NYSE as well! I must say, if there was ever a great time to buy some SU, its right now! The stock is way off its 52wk high of 62.50 and is looking like a bargain at 57.51! Do not pass up this opportunity to pick up a great oil stock! This stock is going to hit $70+ before you know it!

----------------------------------------

Petrobank Energy and Resources LTD (PBG.TO/ PBEGF.PK) is at 10.34 on the TSX and 8.93 stateside! I also really like this Canadian energy company. I believe it has a lot of potential and it is still in its infancy! Keep an eye on it!

------------------------------------------------------------------------
------------------------------------------------ -------- ----------
Those listed above are the Canadian Oil Companies that are directly affiliated with the exploration and production of Oil and Gas from various Oil Sands Projects. Below, I will also list and introduce some other companies that are not exactly pureplays, but instead are established oil companies with exposure to the Oil Sands regions.

Canadian Natural Resources (CNQ) is arguably one of my favorite oil companies, period! Yet many people are quick to laugh at because it is not keep up with Encana and Talisman (ECA and TLM, respecitvely). I think CNQ is providing a great opportunity for those who havne't had a chance to jump and even those who want to increase their existing position! Many do not realize that CNQ has had a great run-up than ECA and TLM. It makes you wonder, is it a crime for a stock to rest a little before heading up again? I think not! I say grab it at $44 and enjoy the upcoming run-up!