Force Energy to Drill Key U.S. Oil-Project -- FORC shares set to spike from $0.30 to above $1

I have a knack for identifying low-profile Oil & Gas stocks just before they launch into the profit-stratosphere. And now, I’m about to add to my winning streak, for the second time, on Force Energy (FORC). 

In early 2008, I first told you to buy FORC at $0.90 as I projected that the company would soon gain control of a prime petro-property with phenomenal oil and gas indicators. My projections became reality and those of you who followed my recommendation quickly became richer. The reactive buying of petroleum industry powers propelled FORC up to $2.93 per share. 

During the long process of preliminary resource testing and planning an extensive drill campaign with a top-shelf exploration contractor, FORC has drifted down to $0.30 where we are reiterating the company as a Strong-Buy. 

Now is the time to pounce back on this pending profit-stock because I see the share-price running back over $1 – driven by 2 new emerging forces:

1. I project that Force Energy’s recent engagement of the renowned Continental Production Company will prove to add at least 300% value to new, early-stage FORC shareholders. With over 160 years of combined oil and gas production experience (including industry titans Conoco, Schlumberger, and Exxon) – Continental is the renowned expert on Wyoming’s petro-geology and boasts a client list that includes $56 BILLION Suncor Energy and $3.2 BILLION Whiting Petroleum.
    
2. I project that Force Energy’s upcoming drill plans at its Diamond Springs Prospect, sitting amidst the US Geological Survey’s estimated 2.4 trillion cubic feet of gas and 41 million barrels of oil, will attract even greater reactive buying from petroleum industry powers and send FORC well above $3. Force is in the process of permitting its initial 3 wells on the Diamond Springs Prospect – and the company has further stated that the project could hold up to 70 drill locations.

Force Energy is rapidly closing in on what could be a colossal U.S. petroleum discovery: The 3,300-acre Diamond Springs property is estimated to contain up to 4.3 Million barrels – and ALL of the oil is projected to sit at shallow depths of less than 1,100 feet. Translation: Force Energy is targeting a potentially vast ocean of oil just below surface that should be incredibly easy to extract – especially with Force Energy calling the shots and Continental Production Company manning the drills. This property-profile of shallow drilling can be expected to translate to greatly reduced costs and lightning-fast turnaround times on well-completions – and that means you can expect a steady stream of profit-driving news throughout the first half of 2010. 

I fully expect Force Energy to move quickly to our first “Profit-Protect” point above $1 -- Then, hold the remainder of your FORC position for longer-term projected gains above $3.