SOURCE: Paragon Financial Limited

Paragon Financial Limited

November 22, 2011 08:16 ET

Talisman Energy and High Plains Gas -- Promising Growth Strategies

The Paragon Report Provides Equity Research on Talisman Energy & High Plains Gas

NEW YORK, NY--(Marketwire - Nov 22, 2011) - Oil and gas explorers have turned to more profitable business segments in recent quarters. With natural gas prices stagnating this year, explorers have focused on the more lucrative oil and liquids markets to keep profits strong. Natural gas prices could be due for a turnaround in the near future, however, as demand is expected to surge. The Paragon Report examines investing opportunities in the Oil & Gas Sector and provides equity research on Talisman Energy, Inc. (NYSE: TLM) (TSX: TLM) and High Plains Gas, Inc. (OTCBB: HPGS). Access to the full company reports can be found at:

www.paragonreport.com/TLM

www.paragonreport.com/HPGS

The US Energy Information Administration (EIA) has observed markedly higher levels of volatility in the pricing of WTI crude since early August. This coincides with similar volatility in global stock markets in the wake of the US and European debt crises, and highlights the extent of the correlation that has developed between financial and oil markets. The price of oil ended last week lower than it began, despite a surge of trading that temporarily pushed crude above $100 at midweek for the first time since July.

Gas prices, meanwhile, have remained low for most of 2011. As a result, several high profile oil and gas explorers are increasing production of more lucrative oil and liquids as oil trades at its highest level relative to gas. US oil production will reach 5.92 million barrels a day in 2012, up 4 percent from 2011 and the highest amount since 1998, according to the US Energy Department. Meanwhile Gas output is forecast to grow a mere two percent to 66.87 billion cubic feet a day in 2012, slower than the 6.1 percent increase this year.

The Paragon Report provide investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Oil & Gas Sector register with us free at www.paragonreport.com and get exclusive access to our numerous stock reports and industry newsletters.

While in the doldrums at the moment, gas demand is expected to surge higher in the long term. The retirement of coal-fired plants due to toughening environmental standards in the US would increase the share of total electric power generation fueled by natural gas by 6 percentage points, according to Fitch Ratings.

High Plains Gas, Inc. is a natural gas and petroleum exploration, development and production company, engaged in locating and developing hydrocarbon resources, primarily distressed and/or orphaned oil and gas projects throughout the Rocky Mountain region. Earlier this month the company announced the completed acquisition of BGM, which consisted of the complete purchase of all property and equipment, accounts receivable, as well as current and future projects.

Talisman Energy Inc. is a global, diversified, upstream oil and gas company, headquartered in Canada. Talisman's three main operating areas are North America, the North Sea and Southeast Asia. In North America, the company continues to focus on the development of high-quality shale plays in the Eagle Ford, Marcellus and Montney, as well as liquids-rich opportunities within the Canadian conventional portfolio.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.paragonreport.com/disclaimer