GREY:ROAOF - Post by User
Post by
resourceon Jun 11, 2008 6:08pm
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Post# 15174532
Best Oil play in North Sea
Best Oil play in North SeaI really like this one and have been holding it almost 5 years now and still Oilexco is one of the
cheapest oil plays in the North Sea and elsewhere. I think it will double from here again.
They have a low cost structure and an excellent position to further develop more of their prospects and adding substantial cash flows. With 25,000 barrels of oil per day of productive capacity now established from the Brenda-Nicol and Balmoral fields, Oilexco will continue to organically grow their production base as they bring additional discoveries on stream.
Go Oil!!