DUNCANVILLE, Texas,
Oct. 29 /PRNewswire/ -- "This is one
of the most exciting times for energy and agricultural sector
investors that I have ever seen," says Joseph R. Dancy, Adjunct Professor of Law at
Southern Methodist University and
manager of the LSGI Venture Fund L.P.
In an interview this week with James
Puplava of the Financial Sense Newshour Dancy noted that
energy companies are perfecting the ability to drill horizontal
wells into shale formations that are productive of crude oil,
generating impressive returns and making it an "exciting time to be
in the energy sector."
Due to commodity pricing Dancy notes the economics of drilling
horizontal wells are much more attractive for crude oil wells
versus those drilled for natural gas. The technology and new shale
plays "are a game changer" according to Dancy, and merger,
acquisition and transactional activity in the sector are
approaching record levels.
Dancy also claims that biofuels will utilize 37% of the U.S.
corn crop this year, making it a "banner year for farming". Biofuel
demand has boosted corn prices, and economic surveys indicate farm
equipment sales are increasing at an impressive pace while farmland
values are rising as the farm economy expands.
LSGI recently issued a series of reports on recent trends in the
energy and agricultural sectors. Firms mentioned by LSGI in past
reports and commentary include agricultural equipment manufacturer
Art's Way Manufacturing Co. Inc. (NASDAQ: ARTW), oil and gas
producer GeoResources Inc. (NASDAQ: GEOI), fertilizer manufacturer
China Agritech Inc. (CAGC), and Deere & Co. A link to the
interview and reports are 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:
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.
Copyright . 29 PR Newswire