The Globe and Mail reports in its Friday, Feb. 2, edition that BMO analyst John Gibson views the energy service landscape "as the place to be." The Globe's David Leeder writes in the Eye On Equities column that Mr. Gibson says in a note: "While predicting rig counts is a bit of a mug's game, we believe North American activity levels have likely bottomed. At the same time, the drawdown in drilled-but-uncompleted wells, combined with more intense drilling/completion techniques, continues to drive U.S. production to new records. Overall, we don't believe these trends can continue to persist without an eventual pickup in drilling activity (although timing remains uncertain). In the meantime, however, resilient pricing levels combined with rising production is benefitting our coverage group as financial results have remained solid despite ebbs and flows in activity levels." Accordingly, Mr. Gibson boosted his share target for Secure Energy Services by 50 cents to $13. Mr. Gibson has reaffirmed his "outperform" recommendation for Secure Energy. Analysts on average target the shares at $11.25. The Globe reported on May 12 that Raymond James had cut Secure Energy to "outperform" from "strong buy." It was then worth $6.16.