2008-03-05 00:49:22 -
- (Investrend Research Syndicate) In a research update dated March 3, 2008, Ernest C. Schlotter, a senior analyst with SISM Research and a StarMine four-star analyst, has reiterated his "Speculative Buy/4" rating and 12-18 month target valuation of $5.50 for Fox Petroleum Inc. (OTCBB: FXPE).
Fox Petroleum is a small, early-stage oil and gas company actively engaged in the
exploration and production of oil and natural gas in Alaska, Texas, Kansas, and the North Sea in the UK.
The full SISM report on FXPE, including important disclosures, disclaimers, and analyst qualifications is available at
www.sism.com and
www.investrendresearch.com , or may be directly accessed via this link:
www.investrend.com/Admin/Topics/Articles/Resources/23_ 1204657186.pdf . Investors are advised to read disclosures carefully before trading in the equities of any enrolled company. (Due to its length, the URL above may need to be copied/pasted into your Internet browser's address field. Remove any extra spaces if they exists.)
According to SISM analyst Schlotter: "Fox Petroleum became an E&P Company in early January of 2008 when the Spears Gas Unit 2, Well #1 came on production. Because of this success, Fox Petroleum now has the opportunity to participate in reworking approx. four more low risk oil and gas wells in West Texas during 2008, thus providing the Company with more production possibilities in the short-term future. In Kansas, the Company has entered into a purchase agreement to acquire 320 acres in order to drill ten low risk/low cost wells during 2008, increasing overall production and revenue. In addition, Fox Petroleum is aggressively moving forward with its 2008 drilling program, with high priority on the Bourbon Prospects in the prolific sector of the UK North Sea as well as the Cook Inlet Prospect in Alaska."
Ernest Schlotter added: "During 2007, Fox Petroleum laid the ground work for an aggressive drilling program in 2008. In late 2007, the Company aggressively added additional leaseholds to its drilling portfolio and acquired 14,000 acres of prime land in the prolific Alaska North Slope bringing the total leasehold in this core area to 41,000 acres. Fox Petroleum also signed a Farm-in Agreement to acquire a 46% Working Interest in 24,500 acres in Block 211/17 South, which includes the Bourbon Prospect in the UK North Sea, by agreeing to drill an exploration well in 2008, bringing the total leasehold to 61,500 acres in this core area. In addition, Fox acquired eight new leases that total 42,000 acres in the Cook Inlet in Alaska in close proximity to many major production sites."
Analyst Schlotter concluded: "The next twelve to eighteen months are going to be very exciting for the Company. Fox Petroleum now has the technical know-how and the industry connections to move forward confidently in the optimization of its exploration and development plans for 2008, in onshore US and in the UK North Sea and in Alaska. In our view, Fox is undervalued and the sharp price correction during the last four months offers investors a great buying opportunity."
SISM Research, based in Zurich, Switzerland, is a private investment research firm offering high-quality, independent, fundamental research on public companies since 1995. SISM Research writes, publishes and distributes research coverage on micro- to small-cap public companies trading on the OTC, NASDAQ and AMEX. This coverage is geared toward institutional and individual investors in both North America and in Europe, a market that represents more than 100 million people. SISM Research is a content provider to Thomson Financials OneAnalytics/FirstCall and Investext, Reuters Multex, Knobias and Investrend.
Both SISM Research and Investrend Research subscribe to the exacting "Standards for Independent Research Providers" at
www.firstresearchconsortium.com , as well as the CFA-NIRI Guidelines at
www.cfainstitute.org . SISM's Research platform is also executed in accordance with Guidance set forth by U.S. Securities and Exchange Commission's Advisory Committee on Smaller Public Companies at
www.sec.gov/info/smallbus/acspc/acspc-finalreport_d.pdf .
SISM Research is being paid $1,750 per month by the company over a two-year period solely to ensure independent coverage. SISM and Investrend Research take steps to ensure independence including setting fees in advance and utilizing analysts who must abide by CFA Institute Code of Ethics and Standards of Professional Conduct. Additionally, analysts may not trade in any security under coverage. Complete information about this company is available at the company's InvestorPower page accessible from
www.investrend.com/company/list.asp?sPathParam=yes , and the full report is available at
www.sism.com and
www.investrendresearch.com . Investors are advised to read disclosures carefully before trading in the equities of any enrolled company.
Anyone interested in receiving alerts regarding Fox Petroleum research should email
contact@investrend.com or
info@sism.com with "FXPE" in the subject line, or click on
www.investrend.com/contact.asp .
Forward-Looking Statements: Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results.
Investrend Research Div.
Investrend Communications Inc.
R. Hempel, 212-709-8075
contact@Investrend.com
www.Investrendresearch.com
or
Fox Petroleum Inc. Investor Relations
ir@foxpetro.com
www.foxpetro.com 
