3SOF

Profile:  

JED Oil Inc.
500-4th Avenue SW
Suite 2200
Calgary, AB T2P 2V6
Canada - Map
Phone: 403-537-3250
Fax: 403-536-3221
Web Site: http://www.jedoil.com


BUSINESS SUMMARY  
JED Oil, Inc. engages in the exploration for, development, and production of natural gas, crude oil, and natural gas liquids in Canada and the United States. The company has interest in various properties, including Ferrier and Ricinus located in west central Alberta; Sousa located in northern Alberta; and in Desan located in northeast British Columbia. It also has interest in the Midale play property in North Dakota and operates in Wyoming. JED Oil operates primarily in Canada. As of December 31, 2005, the company had proved and probable net reserves of 571.8 thousand barrels (mbbls) of light and medium oil; 153.7 mbbls of heavy oil; 818.1 mbbls of natural gas liquids; and 22,264 million cubic feet of natural gas. JED Oil was founded in 2003 and is headquartered in Calgary, Canada.


Float (mil) 1.70
Shares Outstanding (mil) 9.50

Stock move is very strong on good volume. Playing for momentum.

Institutional ownership

Knoll Capital Management
Somerville Trading Ent (Lowenstein & Sandler)
Two Sigma Investments LLC
Caxton Associates
Renaissance Technologies
Morgan Stanley Capital Services
Rafferty Asset Management
Goldman Sachs Asset Management
De Shaw & Co LP
Peak 6 Capital Management LLC
William D Witter Inc
Millennium Management
UBS Financial Services
Jane Street Capital
Morgan Stanley Investment Management

There were 14 buyers for 1,289,363 shares and
5 sellers for 55,268 shares. Record date 12-31-06.


52wk Range: 1.30 - 18.96
Volume: 1,627,400
Avg Vol (3m): 206,976

Technicals
Percentage Gainer

Last Price Quote is:
33.96%above 13-day MA
18.50%above 50-day MA
RS Rating: 5 

Fundamentals
Key Data:
Market Cap (M): $161.88 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

2,39 is double top !!!

Really like the chart......
Stock is improving over a long, long base. Down from $18.96 over the last 9 months or so     and very depressed.


52wk Range: 1.30 - 18.96
Volume: 1,789,100
Avg Vol (3m): 234,958

Technicals
MACD - Bullish
Percentage Gainer

Last Price Quote is:
43.76%above 13-day MA
32.20%above 50-day MA
RS Rating: 65 

Fundamentals
Key Data:
Market Cap (M): $161.88 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

Below are the 6 month and 2 year charts.......

Investing in (scary) new theory on JDO. Anticipating sharp rise on this one. Stay tuned!
Original this stock had a poor business model, but
with the taxing of trusts in Canada.
This is a turn around with financing...
The trust have lots of undeveloped land that contain
oil, that they might want to sell to a JDO .
The problem is,
that that the Trust bought them at to high of a price . So, the
Trusts are sellers not at JDO prices , which will bring down other
oil/gas lands so that JDO can either buy in interest or buy out.

52wk Range: 1.30 - 18.96
Volume: 619,900
Avg Vol (3m): 282,136

Technicals
Percentage Gainer

Last Price Quote is:
27.92%above 13-day MA
26.61%above 50-day MA
RS Rating: 69 

Fundamentals
Key Data:
Market Cap (M): $161.88 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

Today: Resistance 2.55, Support 1.97, Pivot Point 2.26. Today's Opinion = Buy

Hi:

from: http://www.reuters.com/article/mergersNews/idUSWNAS263120070529
JED Oil to sell North Ferrier assets for about $33.9 million
Tue May 29, 2007 2:14PM EDT
May 29 (Reuters) - JED Oil Inc. (JDO.A: Quote, Profile, Research said it agreed to sell its North Ferrier assets for about $33.9 million in cash to fund the acquisition of Canada's Caribou Resources Corp. (CBU.V: Quote, Profile, Research.

The sale of the assets is expected to be closed on June 8, the oil and natural gas company said in a statement.

The name of the buyer was not disclosed. (Reporting by Anup Roy in Bangalore)

Today: support 1.76, resistance 2.24 Opinion BUY

hmm I like this one.. might pick it up today..
what do you think as target? 2,40? or are you aiming for a break out?

 JED Oil Inc. Announces Update in Offer for Caribou Resources Corp.


DIDSBURY, Alberta, Jun 01, 2007 (BUSINESS WIRE) -- JED Oil Inc. (JDO, Trade) ("JED" or the "Company") today announced that its previously announced offer to Caribou Resources Corp. (TSX Venture: CBU) ("Caribou") to acquire all of its shares and settle with its creditors has moved closer to acceptance. At a hearing yesterday in the Court of Queen's Bench of Alberta in Calgary, an Order was granted approving an extension of the stay of proceedings until June 14, 2007, to give Caribou and its Monitor, Deloitte & Touche Inc., the necessary time to negotiate the final details of the transaction with the Company, and for JED to acquire the security and liability owed by Caribou to its major secured creditor. The only other offer for Caribou before the court, that was presented by Caribou's major secured creditor, has expired and not been renewed, and the major secured creditor is supporting JED's offer. "Today's extension by the court and JED's agreement with Caribou's major secured creditor has gone a long way towards our goal of acquiring Caribou," stated James Rundell, JED's President. "Subject to the negotiation of the final details of our offer with Caribou and the Monitor, and acquiring the secured creditor's liability and security in Caribou's assets over the next two weeks, we anticipate that Caribou's acceptance of our offer and court authorization to pursue the required approvals to close the transactions should occur on June 14th."

As previously announced, in January 2007, Caribou filed for protection under the Canadian Companies' Creditors Arrangement Act (the "CCAA"), which is similar to "Chapter 11" protection in the U.S. JED's offer consists of payment in full in cash to the major secured creditor of approximately $26.7 million, plus payment in cash to any creditors with security in priority to the major secured creditor; payment in cash of approximately $345,500 plus an issuance of 5 million common shares to the unsecured creditors totaling approximately $17.7 million, and an issuance of up to 4 million common shares for the acquisition of all of the 39 to 40 million shares of Caribou on the basis of one common share of JED for every 10 shares of Caribou held. JED has delivered approximately $185,000 as a deposit with its offer.

Caribou is primarily focused on exploring for natural gas in Northern Alberta, and oil and natural gas in Central Alberta. Caribou's production at December 31, 2006 was 1,200 barrels of oil equivalent or BOE's per day, and a report of its estimated reserves effective December 31, 2007 prepared by the independent engineering firm of McDaniel & Associates Consultants Ltd. showed total proved reserves of 1,648 MBOE's and total probable reserves of 1,999 MBOE's, for a total of proved plus probable reserves of 3,647 MBOE's with a net present value of $43.85 million, using the report's forecasted pricing assumptions at January 1, 2007 discounted at 10%. Caribou also obtained an evaluation of its undeveloped land of approximately $11.85 million at January 1, 2007 by Seaton-Jordan & Associates Ltd., and estimated its tax pools at 2006 year-end to be $90.29 million and net debt to be $39.62 million.

Under the CCAA procedure, the Caribou offer must be selected as the best offer for the creditors by the Court of Queen's Bench, which will be addressed on the new hearing date of June 14th. The offer must then also be approved by Caribou's creditors and Caribou's shareholders. The issuance by JED of up to 9 million common shares is also subject to the approval of JED's common shareholders under the rules of the AMEX. The settlement with Caribou creditors will be effected under a Plan of Arrangement under the CCAA, and the acquisition of the shares of Caribou will be effected under a Plan of Arrangement under the Business Corporations Act (Alberta), which would also be an element of the Plan of Arrangement under the CCAA. An Information Circular with detailed information will be mailed to JED and Caribou shareholders. Following completion of the transactions, Caribou would either become a wholly-owned subsidiary of JED, or would amalgamate with or be acquired by a wholly-owned subsidiary or affiliate of JED.

About JED

Established in September 2003, JED Oil Inc. is an oil and natural gas company that commenced operations in the second quarter of 2004 and has begun to develop and operate oil and natural gas properties principally in western Canada and the United States.

BOE's may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

This press release contains forward-looking statements. The words "proposed", "anticipated" and scheduled" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. The acquisition of Caribou Resources Corp. is subject to a number of approvals and conditions, which may not be forthcoming, or the assets, production or drilling opportunities anticipated by the acquisition may not be realized. Additional factors that may affect future results are contained in JED's filings with the Securities and Exchange Commission ("SEC"), which are available at the SEC's Web site (http://www.sec.gov) and JED's filings with the Alberta Securities Commission, which are available at the Web site (http://www.sedar.com). JED is not under any obligation, and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future events or otherwise.

This press release shall not constitute an offer of securities for sale in the United States or Canada or the solicitation of an offer to buy securities in the United States or Canada, nor shall there be any sale of the securities in any jurisdiction or state in which such offer, solicitation or sale would be unlawful.

SOURCE: JED Oil Inc.


JED Oil Inc. 
Tom Jacobsen, CEO, 403-335-2107 
or 
Marcia Johnston, V-P Legal & Corporate Affairs, 
403-335-2105 
www.jedoil.com 
Or 
Investor Relations Counsel: 
The Equity Group Inc. 
Linda Latman, 212-836-9609 
or 
Lena Cati, 212-836-9611 
www.theequitygroup.com 

Copyright Business Wire 2007 ********************************************************************** As of Monday, 05-28-2007 23:59, the latest Comtex SmarTrend? Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-10-2007 for JDO @ $2.06. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright ? 2004-2007 Comtex News Network, Inc. All rights reserved.

Working off a Double Bottom.......

52wk Range: 1.30 - 18.96
Volume: 474,900
Avg Vol (3m): 335,948

Technicals
Gap Up
Percentage Gainer

Last Price Quote is:
13.86%above 13-day MA
9.84%above 50-day MA
RS Rating: 90 

Fundamentals
Key Data:
Market Cap (M): $161.88 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

looks like a great buying opp

Hi

from: http://www.rttnews.com/sp/breakingnews.asp?date=06/19/2007&item=98&vid=0

JED Oil Reveals Order Of Court Of Queen`s Bench Of Alberta; Guides Q3, Q4, FY08 [JDO]

6/19/2007 1:47:46 PM JED Oil Inc. (JDO) announced the Order granted by the Court of Queen's Bench of Alberta on June 14, 2007 regarding JED's previously announced offer to Caribou Resources Corp. (CBU.V) to acquire all of its shares and settle with its creditors.

Under the under the Companies' Creditors Arrangement Act (Canada) or CCAA Plan the secured creditors whose security ranks behind JED's will share in the net proceeds from 1.8 million of the JED common shares and the unsecured creditors will share in the balance of the cash and JED common shares.

As a result of this combination with Caribou, JED expects to have combined production of about 1,500 barrels of oil equivalent per day ("BOE/d"). Current estimates for 2007 year-end production is approximately 2,900 BOE/d. The current capital base and the significant reduction in debt, the forecasted exit rate for first quarter of 2008 is expected to be about 4,100 BOE/d and the second quarter of 2008 exit rate is expected to be 4,500 BOE/d.

Funds provided by operating activities before changes in operating assets and liabilities on a combined basis for the third quarter of 2007 are expected at about $2.9 million and $8 million for fourth quarter.

Funds from operations for first quarter of 2008 are expected at about $13 million with $26.5 million expected for the first six months of 2008.

JED believes that it can exit 2008 at a production rate of about 5,900 BOE/d while significantly reducing its debt.

For the full year of 2008, the company expects revenue to be $92 million.

Today: support 1.99, resistance 2.33, opinion BUY