As a first order of business, I have completed new stock screens. You can access these stock screens at the following link:

http://www.rogueinvestor.com/stock_screens

American Oil Sands

With all the talk about Canadian oil sands, what about America?

Yes, America does have oil sands. However, American oil sands are really tar sands since in contrast to Canadian oil sands they do not contain much water. In Utah, these tar sands have been mined for decades, mainly as the primary ingredient for the production of asphalt.

But with all the interest in oil sands up north and the price of oil staying well above $50 per barrel, things are starting to change. Already two companies, Nevtah Capital Management (NTAH) and Wentworth Energy (WNWG), are developing oil sand properties in Utah. However, because the tar is "dry," the tar is mined and then extracted from the sand using solvents. Both of these companies have proprietary technologies they use to extract the tar and both believe they can license this technology to other companies in the future.

Another company, North American Oil Sands, will likely go public in the next year. Over time, I think interest in this area will continue to grow. The total estimated oil sand reserves in Utah are about 32 billion barrels and most of the deposits are shallow enough to mine. Although small in comparison to the 200 billion barrels of oil estimated to be recoverable in the oil sands in Alberta, 32 billion barrels is still a large amount of oil for the relatively few players that are in this market at the present time.

That being said, American oil sand companies are still speculative at this point and have a way to go prior to reaching the credibility of some of the Canadian oil sand companies. Here are links to the websites for WNWG and NTAH:

     http://www.wentworthenergy.com

     http://www.nevtahoilsands.com/index.html

Over the past year, oil sand stocks have been some of the best performing investments. Canwest Petroleum (CWPC), an oil sand stock I recommended about eight months ago, is already up seven-fold; and Suncor (SU), another oil sand company I recommended about one year ago, has more than doubled.

Where do we go from here?

The movement to oil sands has just begun and will likely continue for at least another 5 to 10 years. Here are five reasons why I believe oil sand companies could be one of the top investing areas for the next 10 years:

1. Undiscovered. Virtually no one knows anything about oil sand deposits or oil sand companies. I know this firsthand because I spent the past year researching oil sand companies and I often had to resort to calling company representatives and reading geologic reports to find the information I needed to make my investing decisions. An investing area this undiscovered that provides a product that is in high demand often results in high returns for many years.
2. Stability. The easy oil has been found and increasingly the remaining oil deposits of the world are located in the most politically unstable countries. Canada is one of the few areas that is politically stable and has enough oil to keep the lights on in the United States.
3. Location. When I last checked, Canada was directly north of the United States. It is much easier, cheaper and safer to transport oil via pipelines than it is to use oil tankers.
4. Technology. The technology that can be used to extract oil from sand is improving rapidly. Already, oil sand deposits that were once considered worthless can now be mined economically using technologies introduced in the last decade.
5. Demand. World demand is still outpacing available supply. Otherwise, oil prices would not stay so high and continue to rise on minor events.

After spending more than a year researching the oil sand market and the best companies to invest in, I want to share all my knowledge with you during a Special Teleseminar:

Double Your Investing Dollars in the Oil Sands Market

I will be conducting the Double Your Investing Dollars in the Oil Sands Market Teleseminar on Tuesday, April 18, 2006. During this teleseminar, I will cover over 20 oil sand companies ranging from blue chip oil sand stocks to penny oil sand stocks and everything in between. At the end of the teleseminar I will open up the discussion to questions and you can ask me anything you want.

My motto: "The seminar is not over until the last question is answered."

Here is the link if are you interested in signing up for the Double Your Investing Dollars in the Oil Sands Market Teleseminar:

     www.rogueinvestor.com/oil_sands.html

As always happy investing,

Bryan Rundell