DALLAS, March 20 /PRNewswire/ -- Tidelands Oil and Gas (OTCBulletinBoard:TIDE) has been rated Speculative Buy with a price target of $.37 by Beacon Equity Research Analyst, Victor Sula, PhD.
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In the report, the analyst writes, "Tidelands Oil & Gas (TIDE) is developing mid-stream natural gas projects, including natural gas pipelines, storage facilities for natural gas and liquefied natural gas receiving and regasification facilities. The Company conducts its business through eight subsidiaries and has operations in Texas, California and Northeastern Mexico."
"TIDE is currently focused on two large-scale projects in the US and Mexico. Through its wholly-owned subsidiary, Esperanza Energy LLC, TIDE is establishing a liquefied natural gas (LNG) zero-emission receiving facility called Port Esperanza approximately 15 miles offshore from the Port of Long Beach in Southern California. The Port Esperanza facility will allow tankers to offload liquid natural gas transported from overseas and re-warm it into natural gas."
The analysts contributing to this report do not hold any shares of Tidelands Oil (TIDE). Additionally the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon Equity Research and its affiliates have been directly compensated seven thousand five hundred dollars from a non-controlling third party (Bismark Consulting) for enrollment of TIDE in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Beacon Equity Research Jeff Bishop, (469)-252-3505 firstname.lastname@example.org://www.BeaconEquity.com
Reuben Sushman of Beacon Equity Research is a member of the National Association of Securities Dealers, CRD number 1755680.
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