Profit From the Biggest Oil Find in 50 Years

Greetings from Australia! I'm on my first trip down under, and I've fallen in love with the country's natural beauty, the glorious weather, and especially the warm, welcoming people here. Australia is truly a slice of heaven on earth.

I'm here on business, searching for the next investment home run. I came to Australia because I believe we are entering a new super-cycle of commodities and natural resource demand growth.

Few places on earth can match Australia's natural resources and energy abundance.

In fact, the U.S. Energy Information Administration says...

"Australia is rich in hydrocarbons and uranium, was the world's second largest coal exporter in 2011 and the third largest liquefied natural gas (LNG) exporter in 2012. Australia is one of the few countries belonging to the Organization for Economic Cooperation and Development (OECD) that is a significant net hydrocarbon exporter, exporting over 70% of its total energy production." Â (Source: MercoPress.com)

I just finished the first leg of my 21-day research trip, and it is already one of my most interesting and profitable journeys ever.

Last week, I sent my Blue Chip Option Alert subscribers a recommendation for an undervalued resource stock. It shot up more than 4% just one day later. That's right; a 4% gain in less than 24 hours!

That's pretty darn good, but I've uncovered another stock with even more potential.

Cash in from the White Man's Hole!

The Coober Pedy area of South Central Australia is some of the most remote and inhospitable terrain the world.

This nowhere town is so hot that many of the 1,700 residents live in underground caves to escape the scorching heat. The town's name means "white man's hole in the ground" in the local Aboriginal language.

Up until recently, massive opal deposits were Coober Pedy's best-known feature. Now it has a new claim to fame: a massive new oil discovery that some call the largest energy find in 50 years ...

How Big is it, Tony?

I'm glad you asked. Experts estimate the Coober basin holds 233 billion barrels of shale oil!

To put that number in perspective, it has more oil than Iraq, Iran, Venezuela or Canada and almost as much as all the oil in Saudi Arabia.

The Coober find dwarfs recent U.S. shale oil discoveries. It is 6 times larger than the Bakken reserves, 17 times the size of the Marcellus formation, and 80 times larger than the Eagle Ford.

In dollar terms, this oil is worth approximately 20 trillion U.S. dollars at current prices. Yup ... $20 TRILLION!

Even this overwhelming estimate could be too low. I talked to a professor at the University of Western Australia who thinks the number could be closer to 400 billion barrels.

Of course, finding the oil is only the first step. The capital expenditures on drilling and transportation infrastructure will cost hundreds of millions of dollars. You can also bet Australia's powerful environmental crowd will throw in as many monkey wrenches as they can.

Nevertheless, oil producers of all sizes and from many countries are scrambling for a piece of that $20 trillion pie. Somebody will make zillions from this discovery.

I want that 'somebody' to be you. That's why I'm here in South Australia right now. Before I finish my three-week Australian research trip, I will figure out how to invest in this massive, game-changing discovery. Stay tuned!

Best wishes,
Tony


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Posted 11-14-2013 12:52 PM by Tony Sagami
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