Primary Recommendation

Enquest - North Sea oil producer to double production to 50,000 bopd by 2018

August 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

During the remarkable energy price surge in the middle of the last decade we achieved notable success with several oil & gas producers, the most memorable being Dana Petroleum, which was tipped at 259p in June â€™04 and within 2.5 years had surged above Â£13 before eventually being taken over at Â£18 in September â€™11. Danaâ€™s strategy was based on making acquisitions of low risk mature producing fields in the North Sea, with the cash flow being used to stimulate greater production as well as expand into new territories with exciting exploration potential. Dana, of course, was no overnight success but its re-rating occurred when investors alighted on its sudden step increase in production as several projects all came together at on ...

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Enquest - Eyes 40,000 bopd in 2014 (March 2012)

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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