It was an unlikely spot to meet an Energy and Capital reader.
Bellied up to the bar at a local taquería far from the tourist trappings of San Antonio’s River Walk, I was approached by Miguel, a third generation oil man and a long-time subscriber of Energy and Capital.
To be honest, I was surprised he even recognized me.
But he did, and he offered to buy me a beer as a “thank you” for cluing him in on the solar rush back in 2006. Apparently, Miguel made a few hundred thousand on First Solar (NASDAQ: FSLR) alone.
So I graciously accepted, and we spent the next three hours talking about everything from politics to investing to the environment.
After one too many Pacificos, I had to call it a night. I needed to get a little shut-eye before my meeting with a GM rep the next morning.
But before I left, Miguel asked me if I had any hot tips… to which I responded, “I was about to ask you the same thing!”
Now, what he told me was actually something I already knew.
But the way he said it reminded me just how urgent this opportunity is.
This is NOT Amateur Hour
I don’t have to tell you that domestic oil and gas production is a sweet spot for energy investors these days.
And unless you hate money, you should definitely have some exposure in this space.
Between national security issues and the basic fundamentals of supply and demand, those who are staking a claim to the wealth of oil and gas in the United States are in line to make an absolute fortune. There is no debating this.
So when I asked Miguel if he had any tips, he simply said: “If you got oil, you got prosperity!”
And who would know this better than a guy who’s swimming in three generations of oil wealth? Especially one that had a $120,000 Audi R8 parked outside.
Look, this guy’s no amateur. He’s been in the game for a long time. He was born into it — and continues to build wealth to this day by capitalizing on shale developments and new oil recovery technologies.
If you’re a regular reader of these pages, this isn’t news to you.
The former we’re already profiting from.
But the latter… Well, let’s just say some of the things I checked out based on Miguel’s recommendations are truly mind-blowing.
430 Billion Barrels
Here’s the interesting thing about oil production: When it comes to crude, most oil companies typically only recover about 10% to 20% of the oil in proven reserves. That’s it.
The rest is either too difficult or too costly to extract.
That means, that all across the nation — hell, across the globe — there are proven oil supplies that are just sitting there, completely abandoned.
And it’s this reality that’s got Miguel and all his colleagues foaming at the mouth, now that they have access to a new technology that allows producers to extract all that remaining oil — and at a cost that makes it insanely profitable…
That’s right — that wealth of oil that’s just been sitting there for decades is ready to be extracted.
And the company that owns the technology capable of doing this?
Well, let’s just say that thanks to Miguel, this is now my number one oil play for the rest of the year.
When you consider that this company owns the technology that can profitably extract 430 billion barrels of oil right now, it puts the rest to shame.
It’s no wonder BP, Chevron, and Halliburton are now using this technology — nor should it be any surprise that “those-in-the-know” have been steadily acquiring shares of this thing, but without sending off too many alarms on Wall Street.
And that’s just how we like it.
Bottom line: For less than a buck you can pick up shares of an oil extraction tech company that can triple domestic oil production — and that is now actively being utilized at more than 175 wells across North America.
But don’t take my word for it…
Look at the numbers for yourself right here.
I’m telling you this is going to blow your mind! I have no doubt that once you see the details on this one, you’ll be placing your buy order within minutes.
To a new way of life and a new generation of wealth…
Jeff Siegel
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Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.
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