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    Morgan Creek Energy Corp. - Stock Symbol: (MCKE.OB)

 

    Visit Company Website: http://www.morgancreekenergy.com

 

 

 

 

 

Since we have seen such an unbelievable run in gold, silver, and agriculture recently the next sectors that I think will take off soon will be oil and natural gas. I believe natural gas is the most undervalued commodity right now and that we could see a major rally in natural gas prices in the near future that could give a major spark to oil and gas companies. I also believe there is a huge opportunity right now to get into oil plays while it is still just under $80 because it is only a matter of time before it starts to head back up towards $100 a barrel. Having that said I would like to introduce to you Morgan Creek energy Corp on the Over the counter bulletin board under ticker symbol MCKE.

Don't wait until next week and take advantage of being one step ahead before the word spreads over the weekend! 

 

MCKE is a natural resource exploration company engaged in the acquisition and development of strategic oil and natural gas properties. MCKE is actively engaged in the generation and development of oil and gas prospects in the more prolific producing regions of the southern-continental United States of Texas and New Mexico.

MCKE has selected the New Mexico oil prospect based on its potential for IMMEDIATE production of oil relatively shallow wells. Two giant oil fields lie within the target trend  and have produced over 2.2 BILLION barrels of oil! Imagine once MCKE starts producing imminently!

Goldman Sachs recently said oil prices are likely to be higher in the future due to a recovery in demand and a decline in production. Goldman said 2010-13 is likely to see a dramatic acceleration of non-Opec production decline, with annual production losses of up to one million barrels per day.

While short-term prices may flounder a bit due to the recent run-up of oil from March lows, the low term trends are still bullish. But regardless if the price of crude oil is at $55 a barrel or $85 a barrel, if one of the Company's properties can find significant oil or natural gas, the outcome will be very positive for the Company and all their shareholders alike.

 

 

 Oil is now closing back in on $80 a barrel! 

The need for oil will continue to be one of the most sought after resources for decades to come, and the Companies that can seek the undiscovered oil & natural gas and extract it to the surface will also be in great need. With MCKE having several key properties all across the U.S., especially one that lies within a target trend that has produced over 2.2 billion barrels of oil, chances of success are dramatically increased. With the recent run-up in prices in the stock as well as the Company's strategically located properties, we encourage our investors to take a closer look into Morgan Creek Energy Corp.

MCKE has also entered into an agreement with Bonanza Resources to acquire a 70% interest in the North Fork 3- Prospect in Beaver County Oklahoma. The prospect is being targeted for oil production that Bonanzas land and technical team have identified using specialized 3-D seismic technology and through interpretation of geological data available on current producing wells from the area.

The two key formations on the North Fork are identified as the Morrow A & B Channel Sands. These formations are productive on several fields adjoining but remain unexplored on the area under option to Morgan Creek Energy. The lower Morrow Sands could also prove a target.

Bonanza Resources has spent over $1.5 million to acquire its 85% interest in the North Fork Prospect and carry out comprehensive 3-D seismic imaging and analysis. The company has joined with MCKE in order to move the prospect immediately into the drilling stage, which is planned for this year 

Typically the Morrow A & B Channels have porosities in excess of 20%, high permeability, high production rates and very high acre foot recoveries. Morrow A sands in the immediate area are primarily oil productive with initial production rates from 250 600 BOPD. Primary reserves for the oil wells in the area average 200,000 B.O. per well. Based on initial data provided by the technical team, reserves for the Morrow A on the Prospect could be in excess of 2.4 million barrels of oil with 4 BCF of associated gas.

To learn more about MCKE's projects please go to: http://www.morgancreekenergy.com/projects.htm.

Please add MCKE to your radar because I believe we will see this start to make a big move to the upside starting tomorrow and into next week! This is the perfect way to end the week!

 

 

If you have questions or comments please give us a call during market hours at 1-(888)-925-8247. Please Help spread the Word!!

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If you have any questions feel free to email me or call us at 1-(888)-9-Club Grand -or- staff@wallstreetgrand.com

Wall Street Grand's stock profiles are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. Never invest into a stock we discuss unless you are prepared to lose your entire investment. WSG has been compensated Fifty Thousand Dollars by the Company for this profile on MCKE. WSG may have positions in the stocks mentioned above. WSG may or may not trade the stocks mentioned in this alert which can effect the price of the stock. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country Everything stated in WSG alerts are based on my opinion. For our full disclosure please visit- http://www.wallstreetgrand.com/disclosure.html

 

 
 

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