Check out UTS and CWPC. UTS is the major partner with Petro-Canada in the Fort Hills Oil Sands project which will be producing 100,000bbl/D. They have a 30% working interest there. They also have a 50% interest in Lease 13 which they will be getting drill results back Q1 2006, and have 100% interest in Lease 14, with Teck Cominico having an option to get in 50%. Those drilling results will also be in Q1 2006. Basically, if those results turn out to be good, the stock will go up substantially. The price right now is $5.80.
CWPC is CanWest Petroleum Inc, a company based out of Vancouver which owns a few companies. The most notable one is Oilsands Quest which is now the first company to venture into Saskatchewan in search of oil sands. The guy who owns this company started Synenco, (SYN), which I was going to buy at $16.40 in December and has now gone up to $24.30. When he started Synenco, people thought he was crazy, and now he's looking into Saskatchewan. Something to consider.
As long as oil prices continue to go up, any stock related with the Oil Sands is a good buy.
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