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A detailed and factual analysis about the oil and the oil price was syndicated this morning from SeekingAlpha. The author is "Value Digger", the author who recommended CAZA.L at 12 GBX back in April 2014: http://seekingalpha.com/article/2581505-8-major-reasons-why-the-current-low-oil-price-is-not-here-to-stay

another SA article about several African oil producers: http://seekingalpha.com/article/2566935-how-much-does-it-cost-to-produce-1-barrel-of-oil-african-oil-producers-2013?ifp=0

Must Read analysis with key ratios from Seeking Alpha about the oil producers in Nigeria where SEPL operates, Africa, Latin America and Middle East: http://seekingalpha.com/article/2562065-petroamerica-oil-welcome-to-the-cheapest-oil-producer-worldwide-part-2

from the SA author who recommended CAZA.L at 11 GBX back in early May 2014: http://seekingalpha.com/article/2562065-petroamerica-oil-welcome-to-the-cheapest-oil-producer-worldwide-part-2

Given CNE's significant exposure in Mauritania and Morocco, this is a must read analysis from Seeking Alpha about many oil producers in Africa, Middle East and Latin America: http://seekingalpha.com/article/2562065-petroamerica-oil-welcome-to-the-cheapest-oil-producer-worldwide-part-2

I added some too, given the valuation and the catalysts.

Given the rumors that DGO wanted to acquire COP (Circle Oil) after acquiring Petroceltic, this is an analysis about COP and other juniors from Africa and Latin America. It was out from Seeking Alpha this morning: http://seekingalpha.com/article/2562065-petroamerica-oil-welcome-to-the-cheapest-oil-producer-worldwide-part-2 Based on this article, Circle Oil is not expensive now.

This is the second Part of this series that captures the remaining African and Latin American producers, including those in Egypt and Morocco: http://seekingalpha.com/article/2562065-petroamerica-oil-welcome-to-the-cheapest-oil-producer-worldwide-part-2 So now you see where ELA stands from a valuation perspective.

Second article from SA this morning about the remaining Latin American OIL producers, including those in Trinidad and Tobago: http://seekingalpha.com/article/2562065-petroamerica-oil-welcome-to-the-cheapest-oil-producer-worldwide-part-2

and its wells are gushers, do not forget this. A significant part of CAZA's acreage is sitting on the sweet spot in the Delaware Basin as all the latest results indicate.

I added. It is the cheapest stock in the Permian Basin. The suitor will show up.

Must Read. New article this morning from SA (Part 2) that compares COP to its peers in Africa, Latin America, and Middle East. TransAtlantic Petroleum, Gulf Keystone, Gulfsands Petroleum, Leni Oil and Gas, Trinity Exploration, Range Resources, Touchstone Exploration etc. are included in this insightful article too. http://seekingalpha.com/article/2562065-petroamerica-oil-welcome-to-the-cheapest-oil-producer-worldwide-part-2

Based on that article, AEN trades with very high ratios. With 1,600 bopd production, AEN currently trades $218,000/boepd and 35 times its 2014 EBITDA. AEN is the most expensive company among the 8 peers mentioned in the article, and PTA (Petroamerica Oil) is the cheapest one.

ELA trades 21 times its EBITDA while Petroamerica Oil (PTA.V, PTAXF) trades 1 times its 2014 EBITDA.

Brent is at its two years low. Just one word from OPEC can change everything.

Has anybody realized this at its full extent?

Excellent. Let the fools sell.

To say it better: ....that compares ELA to several other junior producers from Nigeria and Latin America"

The first insightful article and analysis from Seeking Alpha that compares ELA to several other Latin American producers, was out this morning: http://seekingalpha.com/article/2549985-petroamerica-oil-welcome-to-the-cheapest-oil-producer-worldwide-part-1

The first detailed article from Seeking Alpha that compares AEN to several other Latin American producers, was out this morning: http://seekingalpha.com/article/2549985-petroamerica-oil-welcome-to-the-cheapest-oil-producer-worldwide-part-1