SOURCE: Maybach Financial Group

Maybach Financial Group

October 19, 2007 14:21 ET

Climbing Oil Prices Focusing on Transmeridian Exploration Incorporated, GeoResources Inc., and CanArgo Energy Corporation

Climbing Oil Prices

NOTE TO EDITORS: This Is an Investment Opinion Issued by The Maybach Financial Group

GRANDE BAY, MAURITIUS--(Marketwire - October 19, 2007) - Comments made in this release are those of Maybach Financial Group and any questions or comments should be directed to the contact information located at the bottom of this release. Maybach Financial Group is a syndicate of financial analysts, with a core group representing over 250 years of total investing experience. Our focus is to give investors the financial advantage necessary to sustain profit all markets. This week, to gauge the outcome of the markets, we are focusing on Transmeridian Exploration Incorporated (AMEX: TMY), GeoResources Inc., (NASDAQ: GEOI), and CanArgo Energy Corporation (AMEX: CNR). For the full report, visit

The Maybach Financial Group will be researching the above-mentioned companies to determine their chances of a turnaround opportunity for investors. Visit for a complimentary subscription to the Maybach service and receive at no cost our "Special Report#1: The Pick of the Decade" plus a second free report "Special Report #2: Hearing is Believing." No credit card or payment information is required.

Oil fell after surging to a record high above $90 a barrel earlier today as tight fuel stocks ahead of winter and a softening U.S. dollar spurred investor buying.

Still, many analysts expect the declines to be temporary, and believe oil futures will continue their assault on price records in the days ahead.

The jump in oil prices has been fuelled by unprecedented weakness in the dollar, which hit a record low against the euro on Friday, a factor that has supported all dollar-denominated commodities.

Since oil is priced in dollars, a declining greenback makes oil less expensive for consumers outside the United States, encouraging more consumption.

The US dollar is continuing its tumble to new lows after a surge in unemployment claims raised concerns about the health of the U.S. job market after the Labor Department reported a sharp rise in claims for unemployment benefits last week.

Combined with the slumping housing market, it doesn't help.

The rise in oil prices most often have a strong effect on oil and gas companies, but slam the other sectors.

Despite the rise in oil prices, CanArgo Energy Corporation (AMEX: CNR) fell over 9% down to $0.69 midway through the trading day. Earlier in the month, they advised the American Stock of its Board changes announced September 24, 2007 and at the same time acknowledged that the Company was not in compliance with Sections 121 (A)(1) and Section 121(B)(2)a of the Amex Company Guide, which require, respectively, that at least a majority of the directors comprising the Board of Directors are independent and that the Company's audit committee be comprised of at least three independent directors. Specifically the Company currently only has two independent directors of the five directors on the Company's Board of Directors and an audit committee composed of only two members.

They have until December 27, 2007 to resolve the situation and many investors are anticipating this correction, as their share value has been dropping throughout the year. For a limited time only, gain access to Maybach to keep updated and receive our reports free of charge with no credit card or payment information required. Visit for your free subscription.

On a brighter note for oil and gas investors, GeoResources, Inc., (NASDAQ: GEOI) announced yesterday that it has acquired all of the limited partner interest in an affiliated partnership, from an undisclosed financial institution for $91.1 million. This acquisition effectively doubles the reserves and production base of the Company. Combined with the rise in oil, this release was of great news for investors as it helped the company rise to a day-high of $9.68 -- continuing its strong climb since August.

Transmeridian Exploration Incorporated (AMEX: TMY) remained relatively unchanged mid-trading day despite their latest commencement of transporting oil from its South Alibek Field through its proprietary pipeline connection to the regional export pipeline system and resumption of production of oil from its South Alibek field in western Kazakhstan. Visit to keep updated and receive a complimentary subscription plus two bonus reports.

After witnessing the recent plunge in the markets influenced by the resource sector, the falling housing slump and employment issues, smart investors and hedge funds are shifting interests into other sectors.

The markets are changing and investors are scared. The Bull Run that we have been use to over the past four years is starting to become more like a stampede in the other direction.

Stock markets are normally volatile, but investors have enjoyed a four-year run of below normal volatility and steady upward movement. Ups and downs, yes. But the Bull Run has been great over the past three to four years and has not ended as abruptly as many have predicted.

But while the end of the Bull Run has been predicted for more than a year, long-term investors shouldn't be worried. Of course, only if you know what you are doing.

First off, don't throw all your eggs into one basket.

Secondly, and most importantly, pick winners that last.

And pick winners that have little effect against the daily ups and downs of the economy. Visit to sign up free to receive your Special Report #1 for information on how to combat the markets or visit for your free subscription and BONUS reports.

We've seen oil markets spike, we've seen oil markets fall. We've seen wars, we've seen terrorist attacks. Chances are that the events that occur have a short term impact when you consider the overall factors of a 5-year forecast.

Most investors -- and unfortunately far too many brokers -- go on a buying spree the minute a rally starts in a particular sector. Correspondingly, they panic at the first sign of a downturn and tend to sell off some great stocks -- right before the dead cat bounces.

But Maybach isn't about day-trading and making money fast. It's about being patient and learning the secret of how to get rich slowly. Visit to See Special Report #1: The Pick of the Decade -- free when you sign up! or visit for your free subscription and BONUS reports.

It's also about adding stocks to your portfolio that have little or no effect against the state of the economy.

It's about technology

The world as we know it has changed. Gone are the days of tradition and old school values. Thanks to technology, people no longer communicate via a simple phone call or meet their life partners in social settings.

Social networking and user-generated content has taken over the world. And big shot web start-ups have become multi-billion dollar profits for their creators and shareholders.

We all know that the tech boom is back and back with a vengeance with Web 2.0 start ups leading the way.

The big boys are snapping up the little ones much like Microsoft did in their early Windows days. The next few years are going to be intense and believe us when we say that, "the tech boom is back and bigger than EVER!"

Visit to receive our Special Report #1 with information on how to combat the markets and how the face of the future is changing.

Maybach Financial (Maybach) is not a registered broker dealer or a registered investment advisor. No information accessed through the Maybach Web site or this release constitutes a recommendation to buy, sell or hold any security in any jurisdiction. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. There is no financial relationship that exists between the issuer of this release and the company whose stock is mentioned in the release. Please view the disclaimer at

Statements made in this release may include forward-looking statements and projections, made in reliance on the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Maybach has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release. Maybach makes these statements and projections in good faith, neither Maybach nor its management can guarantee that the transactions will be consummated or that anticipated future results will be achieved. All material herein was based upon information believed to be reliable. The information contained herein is not guaranteed by Maybach to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Maybach assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by Maybach, whether as a result of new information, future events, or otherwise.

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