It was great meeting up with friends and making new ones. I can say we all had a great time. However ADVFN readers want to know what special tips and resource plays Chris Oil found out about from the show to profit readers.
First off is Sefton Resources (LSE:SER) On Friday i went along to the company meeting to try and understand the company. Frankly the play is based on the expectation of results from our friend Brokermandaniel aka CEO. I feel major plans are afoot and this is going only one way UP based on historical hype in the sector recently on the horse hill play. This may or may not be justified however as an investor my job is to find what makes money.
Bowleven (LSE:BLVN) Rumours around suggest the high cos well drilled in the 1950s which found gas condensate in two zones will be highly rewarding within the next two weeks spud. Fundermentally the company has 33p in cash at 31.5p its undervalued showing no asset value for its Cameroon assets. Even with the Hart discount rerating short term.
Ithaca Energy (LSE:IAE) Its still a no brainer for the long term £1.95 June 2016 with Stella online however if the oil price does retrace it would be an opportunity to add.
Xtract Resources (LSE:XTR) Big rumours here of significant tripling of the share price to come by July hence why Chris Oil is in, eyes on. Mine increasing production come July. Whats more its profitable now and will achieve significant profit margins by June. The selling has been financial firms getting out post the placement 9 days ago which will end soon.
Nostra Terra Oil (LSE:NTOG) New page on website clearly shows texas assets being looked at. The company is totally undervalued with 169bopd being produced. See UK Investor show presentation video soon out i am the one asking questions.
Falcon Oil (LSE:FOG) This is a Horse Hill style play onshore play, at least we are talking billions potential here, moving in May 2015 for June spud please see my ADVFN articles on this company
Serious calls to be made in the short term here eyes on. Futher to this Chris Oil is on ADVFN Justin Waite Show Thursday 23rd discussing the above.
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Until the next time more rambling at the castle can be seen @chrisoil
http://www.chrisoil.blogspot.co.uk