SOURCE: The Bedford Report

February 10, 2010 10:00 ET Complimentary Newsletter Focusing on Oil & Gas Featuring Analyst Research on Exxon Mobil Corp (NYSE: XOM), American Petro-Hunter Inc (OTCBB: AAPH), Carrizo Oil and Gas Inc (Nasdaq: CRZO), Chevron Corp (NYSE: CVX), and Many More

Note to Editors: The Following Is an Investment Opinion Being Issued by the Bedford Financial Report.

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About 45% of the Oil and Gas industry revenue comes from crude oil with the remaining coming from natural gas. The industry has annual revenue of about $890 million. Oil accounts for between 34% and 40% of global primary energy. Dependence on foreign oil is still high and subject to price fluctuations. Today, natural gas is increasingly replacing coal for the generation of electricity and oil for vehicles as it burns more efficiently than either.

In this issue of The Bedford Report, we look at the Integrated Oil and Gas sub-industry, which is expected to have a strong year based on expectations of improved global oil consumption due to economic recovery. We look at Integrated Oil & Gas giants Chevron and Exxon Mobil, and see what recent news has investors excited.

We will also analyse the Oil & Gas Exploration & Production (E&P) sub-industry, which has begun to rebound in the last month, and explain why this morning's news from American Petro-Hunter has us predicting tremendous top-line growth.

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