Top International Companies To Watch For 2016

Top International Companies To Watch For 2016: Marquee Energy Ltd (MQL)

Marquee Energy Ltd. (Marquee), formerly Marquee Petroleum Ltd., is a junior oil and gas company engaged in the acquisition, exploration, development and production of petroleum and natural gas reserves in Western Canada. The Company is focused on the Cardium play of West Central Alberta in the Wilesden Green, Carrot Creek and South Pembina areas. As of December 31, 2011, the Company owned a total of approximately 174,420 gross acres (147,875 net acres) of oil and natural gas leases. In December 2013, it acquired all of the Western Canadian assets of Sonde Resources Corp. (Sonde), including all of its Southern Alberta properties. The Assets are primarily located in Marquee's core area at Michichi, Alberta immediately offsetting Marquee's lands and production. In March 2014, Marquee Energy Ltd completed the acquisition of strategic assets in its oil focused Michichi core area. Advisors' Opinion:

• [By John Udovich]
  Sonde Resources Corp. An oil and gas exploration and production company based in Calgary, Alberta, Sonde Resources Corp held a global portfolio of high potential energy assets including producing oil and natural gas assets in Western Canada and offshore exploration property in North Africa.Specifically, Sonde Resources Corp had226,119 gross undeveloped acres in Western Canada and 750,000 acres in a Libya/Tunisia offshore licence. However and last November,an agreement between Sonde Resources Corp andMarquee Energy Ltd (CVE: MQL) was announced wherebythe latterwill acquire substantially all of the formersWestern Canadian assets, including all of its Southern Alberta properties. These assetsare primarily located in Marquee's core area at Michichi, Alberta, immediately offsetting Marquee's lands and production. Under the deal which concluded at the end of last year, Sonde Resources Corp received 21,182,492 common shares of Marquee Energy Ltd plus $15 million c ash with thesharesbeing dis! tributed to Sonde Resources Corp's shareholders and Sonde itself retaining the cashreceived. In addition, Sonde Resources Corp will retain ownership of about 100,000 net acres of Western Canada exploration assets, split approximately equally between its Eaglesham area Wabamun play and west central Alberta Duvernay play.Moreover, the company will continue to seek strategic alternatives for this Western Canada exploration acreage, including cash sales, farm-outs, other forms of merger, or other options. Otherwise, Sonde Resources Corps businesswill focus onthe development of the Zarat field and exploration of the Joint Oil Block in North Africa. On Tuesday, small cap Sonde Resources Corp fell 1.83% to $0.530 (SOQ has a 52 week trading range of $0.51 to $2.11 a share) for a market cap of $29.72 million plus the stock is down 70.5% over the past year and down 55.8% over the past five years.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-international-companies-to-watch-for-2016.html