Top Up And Coming Companies To Buy For 2015

Top Up And Coming Companies To Buy For 2015: Centor Energy Inc (CNTO)

Centor Energy Inc, formerly Centor, Inc., incorporated on February 16, 2011, is an exploration-stage company. The Company is engaged in the business of mineral exploration.

On November 26, 2012, the Company entered into a purchase agreement with Bullnet Gold Resources Limited. As of May 31, 2013, the Company had not generated revenues. As of May 31, 2013, the Company had no mining operations.

Advisors' Opinion:

• [By John Udovich]

  Many American oil and gas investors are probably familiar with the major large and small cap players in the Bakken formation in North Dakota and Montana, but few American investors are probably familiar with the active players further to the north in the oil and gas rich Canadian provinces of Saskatchewan and Alberta with small cap stocks like Alexander Energy Ltd (CVE: ALX), Renegade Petroleum Ltd (CVE: RPL) and Centor Energy Inc (OTCBB: CNTO) along with large cap Suncor Energy Inc (NYSE: SU) being among those pumping out their share of noteworthy news lately. I should point out that Canada's oil reserves are ranked #3 after to Venezuela and Saudi Arabia with over 95% of these reserves being the controversial oil sands of Alberta while the neighboring province of Saskatchewan (which the Bakken formation actually stretches into) along with offshore areas of Newfoundland also containing substantial production and reserves. Moreover and excluding the oil sands, Alber ta would have 39% of Canada's remaining conventional oil reserves, followed by offshore Newfoundland with 28% and Saskatchewan with 27%.

• [By James E. Brumley]

  Well, that answers that question. Questerre Energy Corp. (TSE:QEC) and Crescent Point Energy Corp. (TSE:CPG) likely knew they had some shale-oil mining neighbors in the Bakken Shale neighborhood in Saskatchew! an, Canada, but they hadn't seen much of that competition. That's about to change soon. Adequately funded and eager to begin laying its final mining plans, Centor Energy Inc. (OTCBB:CNTO) is going to officially own 55% of a 21,000 acre shale oil property that's anywhere from just a few miles away to just a few meters away from and Crescent Point Energy's and Questerre Energy's operations in one of the oil-richest known areas in the Bakken formation. And to be clear, it's not like Centor Energy is just getting the ball rolling; the planning for this project has been underway for months. Once the property-acquisition deal is inked in mid-February, CNTO will likely finish up its feasibility study and begin the approval process for its facility later in the year. That's pr etty quick, but as was noted, a great deal of the legwork has already been done.

source from Top Stocks Blog:http://www.topstocksblog.com/top-up-and-coming-companies-to-buy-for-2015-2.html