frizzers Posted April 3, 2007 Report Share Posted April 3, 2007 At today's Oil Barrel were: Afren Aminex Jura Burren Northern Petroleum Gulf Shores/Monarch I believe all these companies will do well, but there are caveats with all of them. Afren - good story, but do you feel safe buying oil rigs in Nigeria? Jura - ditto above but switch Nigeria for Pakistan Aminex - great story, impressive team, chart doesn't look too bad Burren - very charismatic CEO, great stories, but already comparitively expensive. Chart isn't really saying buy me. Plus a lot of exploration focus in Russia. Given Putin's dissertations on state control of he resource sector, I am not sure this is a wise strategy. Northern Petroleum - great story, highly undervalued, chart looks to have found a bottom around 90p - but AIM listed and Derek Musgrove the MD lacked a certain charm, which, if employed, could perhaps make his company a little more attractive. Gulf did not show. NOP Link to comment Share on other sites More sharing options...
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