DUNCANVILLE, Texas, Oct. 29 /PRNewswire/ -- "This is one of the most exciting times for energy and agricultural sector investors that I have ever seen," says Joseph R. Dancy, Adjunct Professor of Law at Southern Methodist University and manager of the LSGI Venture Fund L.P.
In an interview this week with James Puplava of the Financial Sense Newshour Dancy noted that energy companies are perfecting the ability to drill horizontal wells into shale formations that are productive of crude oil, generating impressive returns and making it an "exciting time to be in the energy sector."
Due to commodity pricing Dancy notes the economics of drilling horizontal wells are much more attractive for crude oil wells versus those drilled for natural gas. The technology and new shale plays "are a game changer" according to Dancy, and merger, acquisition and transactional activity in the sector are approaching record levels.
Dancy also claims that biofuels will utilize 37% of the U.S. corn crop this year, making it a "banner year for farming". Biofuel demand has boosted corn prices, and economic surveys indicate farm equipment sales are increasing at an impressive pace while farmland values are rising as the farm economy expands.
LSGI recently issued a series of reports on recent trends in the energy and agricultural sectors. Firms mentioned by LSGI in past reports and commentary include agricultural equipment manufacturer Art's Way Manufacturing Co. Inc. (NASDAQ: ARTW), oil and gas producer GeoResources Inc. (NASDAQ: GEOI), fertilizer manufacturer China Agritech Inc. (CAGC), and Deere & Co. A link to the interview and reports are located at the firm's website www.LsgiFund.com.
About LSGI Advisors:
LSGI Advisors Inc. manages the LSGI Venture Fund L.P., a Texas limited partnership. For more information please visit: http://lsgifund.com/
LSGI Advisors Inc.
Joseph Dancy, 972-780-1805
SOURCE LSGI Advisors Inc.