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Novus Energy, NVS.v C$.95



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By Bobwins

Posted: Thursday Nov 4 7:27:37AM 2010

Novus has amassed a huge land position in Saskatchewan of over 105 net sections of land with 560+ Viking locations. They are growing rapidly with 774boepd avg for Q2, 1400boepd exit from Q3 and 2000boepd exit forecast for 12/10. Experienced mgmt, big land position, repeatable horizontal drill opportunity. $975K per well cost, 71,000barrel EUR 166million shares out so not an undiscovered stock but appears to have upside as they drill their growing land position and turn the land into revs and EPS. http://www.novusenergy.ca/en/documents/presentation/nvs-2010-09-16-web.pdf

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We encourage investors to review the presentations and contact the companies with any further questions.

www.smallcapconference.ca/presentations.php
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