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Burren Energy

January 2005

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.

  • Epic Code:
  • BUR
Burren announced that its exploration well on the South flank of theBurun field has been temporarily suspended after encountering unexpectedly high pressures after reaching its target depth. It will take several months before new equipment arrives which will allow drilling to restart.   Therecent fall in the share price looks overdone, particularly given thatBurren has barely put a foot wrong since its float. The pull-backprovides a good opportunity to top up holdings ahead of the year endtrading statement, scheduled for late January. ...

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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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