RE:Finding a comparable O>his is not comparable. I would caution the comparable of an O&G comopany that has been around for 30+ years to a company that has drilled one wildcat (albiet with good results, that have been unverified). The upside here is huge, but the risk is equally huge.
not to mention you should do some research on crude Quality. One of the most in demand bbl's of oil is Heavy due to the number of products that come out of it. The discount attributed to heavy oil coming out of canada is the abundance of supply compared to pipe space.
cautious optimism and have the ability to lose every dollar invested in this company.
have a plan and stick to it.