(Investrend Research Syndicate) -- Ernest C. Schlotter, senior analyst with Zurich, Switzerland-based SISM Research and a four star analyst according to StarMine, has issued an update on TAMM Oil & Gas, Inc. (OTCBB: TAMO). The 18-page report, dated July 1, 2011, includes detailed information regarding progress being made toward unlocking oil from carbonates at the company‘s Manning project in Peace River, Alberta. An updated analyst's rating/recommendation from Schlotter is also included in the report.
The full report includes important disclosures, disclaimers and analyst information. SISM Research advises investors to exercise a reasonable degree of due diligence before trading in the equities of any public company, including carefully reading entire analyst reports and report disclosures, and then only in conjunction with advice from a registered financial advisor or broker. SISM Research further advises that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of an investor’s total investigative process.
A complimentary copy of the 18-page update report, which includes important disclosures, disclaimers and analyst’s qualifications, can be directly downloaded for a limited time via the Investrend Research Syndicate (at http://www.investrend.com/TAMO-Update.pdf), as well as via the SISM Research website (at http://www.sism.com/researchreportstamm.htm).
According to analyst Schlotter’s report:“A just-released feasibility study clearly indicates that the potential of the Manning project is of sufficient merit to justify the work program targeting the carbonates in the Project. While the engineering firm valued TAMM’s Manning project at $130 million (or approximately $1.30 per share) it is very important to note that only four sections (or approximately 7%) of the entire leaseholds has been validated. “The two most significant potential carbonate reservoir zones in the Manning area are the Elkton and the Lower Debolt formations. Based on the report, 2.7 billion barrels of oil are estimated on TAMM’s leaseholds. In May, 2011, privately held Laricina Energy, Ltd., reported a breakthrough in extracting heavy oil from carbonate formations and began selling oil to the market.