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Price Hikes, Shale & Oilfield Asset Acquisitions Fueling Prospects - Research Report on Petroleo Brasileiro Petrobas SA, Ultra

Price Hikes, Shale & Oilfield Asset Acquisitions Fueling Prospects - Research
 Report on Petroleo Brasileiro Petrobas SA, Ultra Petroleum, Gulfport Energy,
                  EXCO Resources and Endeavour International

PR Newswire

NEW YORK, March 8, 2013

NEW YORK, March 8, 2013 /PRNewswire/ --

Today, Investors Alliance announced new research reports highlighting Petroleo
Brasileiro Petrobas SA (ADR) (NYSE: PBR), Ultra Petroleum Corp. (NYSE: UPL),
Gulfport Energy Corporation (NASDAQ: GPOR), EXCO Resources Inc (NYSE: XCO) and
Endeavour International Corporation (NYSE: END). Today's readers may access
these reports free of charge - including full price targets, industry analysis
and analyst ratings - via the links below.

Petroleo Brasileiro Petrobas SA (ADR) Research Report

Shares of Brazil's state-led oil company Petroleo Brasileiro Petrobas SA
surged after it announced that it will raise the wholesale price of diesel by
5 percent. After this action, analysts at Societe Generale restated their
"Buy" rating on the company, noting that the company's price increase will
ultimately help it cut losses from selling fuel at prices below world-market
levels. The company's outlook also looks strong because of the rising demand
for petroleum products in Brazil. According to Credit Suisse, the increase in
diesel prices should add about "$3.6 billion to the company's bottom line" and
"help ease financing pressure at Petrobras, which is in the midst of a $237
billion investment plan through 2016." By strengthening its financial position
in order to push through with its investment plans, many believe that
Petrobras is positioning itself for long-term growth. The Full Research Report
on Petroleo Brasileiro Petrobas SA (ADR) - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.investors-alliance.com/r/full_research_report/3527_PBR]

--

Ultra Petroleum Corp. Research Report

Ultra Petroleum has outlined its plans for the coming year. The company is
targeting an annual production of 228-238 Bcfe, with 70 percent of the
production from Rockies and 30 percent from Appalachia. Last year, the weak
natural gas fundamentals posed a challenge for Ultra Petroleum. However,
natural gas prices are expected to increase in the short-term due to below
average US temperatures spurring the demand for heating fuel. Over the
long-term, demand for natural gas may also rise as more people from the
transportation sector recognize the benefits of using the cheaper and cleaner
alternative to diesel. Because of these factors, many may expect better
performance from Ultra Petroleum in the coming year. The Full Research Report
on Ultra Petroleum Corp. - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/d395_UPL]

--

Gulfport Energy Corporation Research Report

Gulfport recently beat expectations with its fourth quarter and year-end 2012
results, with oil and gas sales volumes of 2.57 million barrels of oil
equivalent during 2012, up 10 percent in 2011. Recently, the company has been
working to perform even better, adding a third drilling rig in Ultica Shale
and improving its transportation chains. Furthermore, Gulfport Energy ended
2012 with total proved reserves of 13.88 million BOE, consisting of 8.25
barrels of oil. Seeing its potential, analysts at SunTrust raised their price
target on Gulfport Energy shares from $60 to $62 and reiterated their Buy
rating. In the long run, the company's continued investments in the Ultica
Shale may pay off and proves encouraging. The Full Research Report on Gulfport
Energy Corporation - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/87c8_GPOR]

--

EXCO Resources Inc Research Report

EXCO Resources recently closed its acquisition of oil and gas assets in
Danville, Waskom and the Holly fields in East Texas and North Louisiana,
together with its partner, the Harbringer Group, Inc. This is a welcome
addition to EXCO's existing assets in the area. Going forward, the company
intends to pursue more property acquisitions in its core areas as well as
expand to new ones. The increasing natural gas prices also make the company
optimistic about its future. With more assets at hand and a growing demand for
natural gas, many may expect higher production from EXCO soon. The Full
Research Report on EXCO Resources Inc - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.investors-alliance.com/r/full_research_report/e91b_XCO]

--

Endeavour International Corporation Research Report

Shares of Endeavour International jumped 29 percent after the company issued
its fourth quarter and full year results, showing a significantly narrower
loss of 15 cents per share and a higher sales volume of 11,541 barrels of oil
equivalent per day. The company's Alba and Bacchus development projects in the
UK proved beneficial in 2012. For the coming year, the company is working on
the final drilling of the development well at Rochelle as well as the third
development well at Bacchus. The company also exchanged its Haynesville assets
for Pennsylvania Marcellus assets. At present, the company is reviewing
strategic alternatives to enhance shareholder value, including a sale or joint
venture of the company's activities in the North Sea. The company's plans to
explore the full potential of its assets remain a bright spot. The Full
Research Report on Endeavour International Corporation - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/a3c0_END]

--

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Contact: Patricia Byers
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Main: +1-480-745-7826

SOURCE Investors-Alliance