Paris Basin Oil Shale PlayStreet research puts the unrisked value at about $70. 1 yr targets are conservatively set at $12-13.
Has huge land position in Paris basin - yes THE Paris, France. The oil is there as there has been drilling done before and oil produced. But using the new fracing technology that have proven its mettle in the WCSB, this is akin to the potential and beyond that we have seen with the Bakken play stocks.