Great News for SFPI! - PLANO, TX, Jan. 24, 2013 /PRNewswire via COMTEX/ -- Northern Equity Research (NER) has released its new report on Santa Fe Petroleum (OTCBB: SFPI). The report contains a detailed discussion of SFPI's business operations, market dynamics, geological data and indicators, potential cash flows, and risks. The report is available at: http://www.sfpetroleum.com/investor-relations/reports
Northern Equity Research notes in the report: "Hydrocarbon production from American shale formations has been called a revolution. In areas of the domestic US, such as in north eastern Texas, in the Barnett Shale and Marble Falls formations, a boom in shale oil and gas production has become a critical factor in the US domestic energy security equation, and has created excellent opportunities for early stage investors. SFPI offers investors exposure to the hydrocarbon boom in domestic US shale exploration, development and production."

Quote:
Originally Posted by cabroncita View Post
$SFPI Santa Fes objective is to seek out undeveloped oil and gas fields, which maybe in a trend of known producing formations. This strategy offers the unique potential for virgin reservoir pressures still untapped which greatly strengthens the opportunity to capture commercial quantities of oil and gas reserves. These potentially untapped reservoirs are typically identified through a variety of researched information through the use of technology, databases and professional analysis.