DUNCANVILLE, Texas,
Dec. 9, 2010 /PRNewswire/ -- "The
commodity super-cycle continues to move aggressively forward with
higher prices seen in the energy, metals, and agricultural sector
with no let-up in sight. This is an exciting time for investors
interested in the energy sector," says Joseph R. Dancy, Adjunct Professor of Law at
Southern Methodist University and
manager of the LSGI Venture Fund L.P.
Dancy noted in an interview with James
Puplava of the Financial Sense Newshour that global
economic growth is fueling demand for commodities, especially from
fast-growing Asian countries, and supply issues are resulting in
significantly higher prices for crude oil. "We will most likely see
triple digit crude oil prices for at least part of 2011," according
to Dancy.
LSGI issued a report on the energy sector on December 7, 2010 that discussed:
- The International Energy Agency's (IEA) revisions to global oil
demand forecasts
- Increased merger and acquisition activity in the oil and gas
sector
- The UK Industry Taskforce report on the "Implications of the
Gulf of Mexico Oil Spill"
- Two active shale plays - the Eagle Ford Shale and Bakken Shale
- Triple digit crude oil pricing projections for 2011
- Long term weather trends for the winter, and the impact on
natural gas usage
- The investment outlook for smaller companies
"Smaller energy companies are starting to substantially
outperform the market," according to Dancy. "Historically small
firms outperform coming out of a recession, and with crude oil
prices at $85 a barrel it is very
profitable for energy firms to develop leasehold in domestic shale
plays".
Firms mentioned by LSGI in the report include FX Energy Inc.
(Nasdaq: FXEN), GeoResources Inc. (Nasdaq: GEOI), Evolution
Petroleum Corporation (ASE: EPM) and Crimson Exploration Inc.
(Nasdaq: CXPO).
A link to the December 2 Puplava
interview and LSGI energy report is located at the firm's website
www.LsgiFund.com.
About LSGI Advisors:
LSGI Advisors Inc. manages the LSGI Venture Fund L.P., a
Texas limited partnership. For
more information please visit: http://lsgifund.com/
Contacts:
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LSGI Advisors Inc.
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Joseph Dancy,
972-780-1805
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214-263-5201 (cell)
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jdancy@lsgifund.com
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SOURCE LSGI Advisors Inc.