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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Primary Recommendation

Valiant Petroleum - New North Sea oil firm with excellent production growth potential

July 2008

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:
  • VPP
  • Price:
  • 919p
Until recently, the perceived wisdom was that the boom in North Sea oil production was over, with all the easy fields now emptied and the costs of accessing the more challenging ones being too prohibitive. However, with US$150-a-barrel oil likely to become reality very soon there has been a seismic shift (no pun intended) in the economics of extracting the smaller, geologically fiddly fields that Big Oil no longer wants. This has opened the way for the likes of old TMI favourites Dana Petroleum, 1738p and Venture Production, 858p to pick up those very assets for almost nothing and make extraordinary profits and the same phenomenon is now occurring with recent AIM issue Valiant Petroleum. The company was only formed four years ago but pro ...

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Related Articles

Valiant Petroleum - Fast growing North Sea oil producer on soon-to-be prospective PE of 3.6 (April 2011)
Valiant Petroleum - North Sea oil firm on cusp of strong increase in production (November 2009)

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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