Dow Jones 9628.53 +9.11 1:50 pm PST, November 21, 2003  NASDAQ 1893.88 +11.96 For info, visit access.smallcapnetwork.com S & P 500 1035.28 +1.63 To be removed, please click here Russell 2000 525.93 +2.85 VOLUME 03: ISSUE 75  Feature:  Securing Oil to the Home of the Brave. The US needs--in very short order-- to shift its dependency from foreign oil to ensure security of supply and to address increasing domestic demand. Calgary-based Assure Energy (OTCBB: ASUR) is our firm pick to ride that wave. (For a complete background on Assure see our Trading Alert). We continue to suggest accumulation of Assure shares in anticipation of drilling results announcements in the short term and significant, ongoing growth for the long term. Downside is mitigated by generous--and growing--cash flow (currently $1.2 million/month) while Assure's large, strategic land portfolio augers well for share price appreciation as an aggressive exploration program proves up production and reserves. In addition to its aggressive exploration focus, Assure Energy offers a direct means of participating in the current --and accelerating--shift by the US administration to address the security of its energy supplies as well as its rapidly growing domestic demand. Why Assure? Simply put, this company has already demonstrated significant benefits (as well as long-term potential) for shareholders: Proven growth strategy through the drill bit (exploration) and strategic acquisition. In 2003, 9-month revenues are up 5-fold (to $4 million) over the same period 2002 ($700,000): The potential to increase production from the current level of approximately 1200 BOE/d (barrels of oil equivalents per day) to 5000 BOE/d in the next couple of years: Accelerated exploitation and development drilling opportunities in seven core areas expected to dramatically improve production, reserves and cash flows.  Successful exploitation equals increased net asset value per share--drilling results to be announced in Q1 2004: A portfolio of several high impact, high working interest of natural gas and petroleum exploration opportunities in Canada's Western Sedimentary Basin. Very reasonable incentive packages for employees that hinge on increased production. Focus on increasing monthly cash flow from the current C$1.5 ($1.2) million. Location, location, location, ensuring security and surety of supply. Tiptoe, through the 10Q.... Trolling through Assure's most recent 10Q filing, one item of interest--among many--- to shareholders is the employee agreements struck with three key production personnel. These contracts evidence that management can structure employee deals where the upside hinges directly on the company's success. That means, simply, that the key personnel have a vested interest in Assure's success; as do its shareholders.  The employment agreements with these three individuals--experts in exploration, operations and land management--are extremely reasonable against industry standards. What's cool are the built in incentives giving these folks the ability to enhance their remuneration directly in line with Assure's success.  In part through stock options granted at a very fair $3 per share, but mainly through participation in a large $1 million-plus bonus pool which, will only be fully funded by the company once it achieves 5000 BOE/d. By the way, should that production milestone be met a couple of years hence--or sooner--Assure will have grown four-fold from its September 30, 2003 production rate of 1200 BOE/d.  It can safely be said that whether employee or shareholder, everyone is in this together. And that's always a good addition to shareholder comfort when key employees see the company's potential and are willing to effectively put their own 'money on the line' to prove their long-term conviction. And proof that Assure has the moxie to strike great deals for its shareholders, internally as well as externally.   It ain't going to get any better--than this. Given recent and, unfortunately, ongoing geo-political events overseas, energy prices have become almost secondary to security of supply. Canada, a peaceful neighbor, provides sources of oil and gas that are both close and secure. The resource industry in Canada long ago recognized its strategic advantage and is aggressively marketing itself to export more of these vital commodities to its largest trading partner, the US. The far off Middle East can't compete with Canada in terms of convenience and stability. It has become apparent that the US needs to source other oil and gas sources to quickly shift its dependency to more secure suppliers. In today's (Friday) National Post--one of Canada's national newspapers -- an excerpt from an article detailing Canada's oil and gas industry's drive to exploit the US import quotas: "International oil market analyst David Knapp, senior editor for Global Oil Market Analysis, said displacing such a huge amount of imported oil won't be easy because of the lack of pipeline infrastructure and refinery configurations. However, assuming there are no constraints, he said Canadian oils have a security advantage. Rather than becoming intensely competitive on price against the Canadian crudes, the Saudis and others would cede that share and fight their battles somewhere else ." Full article here. Assure Energy for America. It's not just talk, eh?   Need another reason to Sign up for your FREE Preferred Membership? Over the past year, we've brought you 13 Trading Alerts. If you had invested $1000 in each one, your $13,000 investment would have grown to $23070, if you had sold, say, Friday November 7th, to pick a day. That's a 78 percent return in a less than a year. The best? Obviously, Cel-Sci. The worst? ThinkPath. If we strip those two out--the highest and lowest returns--the return on your $11,000 investment would have been a very respectable 51 percent. Not too shabby. By comparison, the S&P index has returned about 20 percent over the last year. The NASDAQ--to which we also alerted you at the low in March 2003--has returned around 40 percent in the same period. The NASDAQ Tracker (NASDAQ: QQQ) did slightly better than its benchmark having risen 45 percent. Oh yes, we told you about that one, too at $24 in February 2003. Now it's $35. And we're only looking at Trading Alerts. I suspect if we included all of our Company Profiles (check our Track Record), the numbers would likely have been even better. The best is yet to come. Sign up NOW! Joining our NEW Preferred Member Program is easy and simple. Just follow this quick two-step process: Opt-in your email address, then, make sure and confirm the request for confirmation you will receive in your inbox. That's it! You'll automatically be in position to start receiving these new special features available only to Preferred Members! To subscribe to the preferred member list, simply click here. Or, to subscribe by email, send a blank email to scn-preferred-subscribe@delta.levelogic.com. 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