$XFLS Top Play for 2021 Green Energy/Oil/Hydrogen/GasRead below to find out why I believe this company is worth 10-20X the current Market Cap and why it is reasonable to believe it will happen in the next couple months.
$XFLS is a diversified energy company operating in Alberta, Canada and the US. X-Fuels business model has three vertical businesses doing oil production, well servicing and green energy production and technology.
Technical Analysis:
Pink Current on June 25th:
www.otcmarkets.com
Authorized shares: 1,500,000,000
Outstanding shares: 385,406,312
Float: 253,224,351
Market Cap: ~$22m
Already $1.36m in assets with expected total of ~$10m in Q2
Chart has bottomed out again on a cup and handle formation and is primed for next leg up which it has sufficiently maintained since the start of the year, moving higher and higher on each move up.
Upcoming Catalysts in August and massive revenue, assets and growth:
Q2 fins are coming with expected assets of around $10m from 3 streams: Land assets, Servicing fleet and a Drilling rig.
As well as revenue from Xfuels' owned 100% subsidiary Cycle Energy Services and Cycle Hydrocarbon Technologies on April 15, 2021:
backend.otcmarkets.com
US acquisitions are coming soon, XFLS is working on acquiring several oil & gas companies in Texas and Oklahoma.
Fins are being audited for OTCQB Up-listing in August
Lifting Cease Trade Order from Canada around October
XFLS is negotiating for Green Bitcoin/crypto mining from its gas flaring assets
Closing the $1.6m plant for hydrogen and electricity production in Alberta
Roll out of mobile Hydrogen and GTL systems this summer
All of the above found in the recent press release this month:
www.globenewswire.com
Latest filings already show $1.36m in assets:
backend.otcmarkets.com
XFLS purchased ~$1m drilling rig for horizontal and vertical wells up to 5000m deep ready for drilling late summer early fall:
otcprwire.com
XFLS already acquired 3 companies worth ~$7m
XFLS already received $1.1m in government contracts for Site Rehabilitation Program (SRP):
www.prnewswire.com
Why XFLS is primed for massive growth medium to long term:
Hydrogen market in Alberta, Canada projected to reach $100B a year:
financialpost.com
World’s largest $1.3b hydrogen complex will be built in Alberta, Canada:
www.hilltimes.com
XFLS proprietary technology is based on the most advanced technology of hydrogen production from methane with energy yield ~4X the 2020 US DOE target Link
XFLS is currently retrofitting a 6MW hydrogen and electricity plant, expecting around $9m revenue once fully operational:
www.iesj.org
Canada just launched a $1.5b hydrogen and clean fuel fund open to existing or new plants covering up to 30% of project cost and up to $150m per project:
www.greencarcongress.com
Production / Revenue / Assets:
Oil production:
Cycle Energy is currently producing ~250 BOD:
www.otcmarkets.com
www.otcmarkets.com
@ ~$65 per barrel, revenue should be ~$5.8m a year. Xfuels has a break-even cost of $25 per barrel!
pt.slideshare.net
Hydrogen and Electricity production:
Plant has a full capacity of 6MW biogas/syngas. Syngas is for hydrogen production and biogas is for electricity production. The plant should produce ~ 51,000,000 kWh/year @ $0.179 average per kWh. Revenue should be ~$9.1m a year. Also, heat energy generation ~ 36 GWh a year. Xfuels has an electricity production cost of 2 Cents kW/h!
pt.slideshare.net
Canada just launched a $1.5b hydrogen and clean fuel fund open to existing or new plants covering up to 30% of project cost and up to $150m per project:
www.greencarcongress.com
Production Enhancement and Well Abandonment Services:
The average industry maintenance charge is ~$500 per hour. with 24/7 service @ ~70% capacity, revenue should be ~$4.3m a year.
Cycle Energy Services (Now will be XFLS) had a $1.1m government contract for well abandonment & reclamation:
www.prnewswire.com
Cycle Energy has a fully equipped fleet providing well services and thanks to Cycle’s innovative recovery & optimization technology can enhance production up to 2-3x
Assets:
Financials already show $1.36m in assets, Cycle Energy is worth $5m, drilling rig ~$1m, Harvest Petroleum & Canada Express ~$2m, land assets is ~$2m. Total anticipated assets are ~$10m once Cycle assets show in Q2 (Due August 15)
Cycle Energy’s servicing fleet consists of 2 workovers, 2 Hydrovacs and a pump truck. Cycle Energy recently purchased a drilling rig capable of drilling horizontal and vertical wells up to 5000m once upgraded.
Immediate assets and revenue in Q2 should be ~$10m assets and ~$2m revenue from Cycle Energy Services.
Technology:
Since 2012, CEO and his team have been developing a proprietary XRefinery system to produces blue hydrogen, electricity and ultra-clean fuels from any carbon bearing material such as biomass/waste & natural gas:
www.youtube.com
Based on a recent study, Plasmatron is 'The most advanced technology of hydrogen production from methane'
225g(H2)/kWh energy yield VS 60g(H2)/kW via traditional steam, this is ~4X the 2020 US DOE target achieved by conventional steam!
www.iesj.org
CEO Mike McLaren and Chief Technical Officer Olev Trass have 5 patents
patents.justia.com
Based on Szego Mill that was proven to have:
30x greater volume capacity
Using up to 50% less power:
www.powderbulksolids.com
Hydrolysis Efficiency of 18%
6–11% of increase in Methane Production:
file:///C:/Users/danto/Downloads/processes-08-01327.pdf
Cycle Energy has innovative recovery and optimization technologies that could increase 2-3x current oil production levels:
www.otcmarkets.com
Conclusion:
Combining Oil Production, Hydrogen and Electricity Production (Green Energy), Well Servicing, and how $XFLS is positioned in the Alberta Hydrogen market, a market cap of ~$200M-$600M is very possible.
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Recent Example of a Similar Play:
$ABML similar sector and a bigger S/S and almost same Fins went from .024 at the start of 2020 to $4.90 a year later in 2021 giving it an almost 4 Billion Market cap.
$XFLS run started at .0080 Jan of this year and the chart has shown an almost predictable cup and handle formation every other week or two with a steady uptrend.
EDIT:
Here's a Google doc version of this information along with relevant charts and images:
docs.google.com
DD By @StriderMH on Twitter
