Positives that lead me to have this as a lead oil namePositives for KEI
1) small concentrated position well defined reserves
2) excellent major quality infrastructure for egress
3) substancial exploration upside with lower benches which have previous wells sunk
4) disciplined BOD
5) ability to grow production to about 10000/BOED before reaching steady state on currrent proven reserves
6) have a great relationship with current Bank
7) three experienced institutional investors ( Livermore,Polygon, Harrington) calculate they own collectively north of 50 perecent of the company
8) Polygon by far the largest , has over 16 billion in AUM
9) not aware of another Canadian name that can rival the groth profile organically ie: ability to double + production and proven reserves
10) great netbacks
11) trading at silly values compared to other competitors on a proven reserve basis
as always do your own DD and understand the inherent risk in the oil space.