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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Burren Energy - Oil firm's earnings forecast to rocket to 83p this year

May 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
  • Price:
  • 481p
A recent prediction from broker Goldman Sachs, anticipating that the oil price is in the early stages of a "super spike" and could reach US$105 a barrel has renewed investor interest in fast growing oil producers. With shares in TMI favourite, Burren Energy, continuing their ascent, we met again with chief executive, Finian O'Sullivan, the day after Burren released another set of excellent results. Burren, whose main oil exploration and production interests are situated in the Caspian region and in West Africa, has established a record which others can only hope to match. Production has increased more than eightfold to over 20,000 barrels of oil per day (bopd) in the last four years and this, allied to th ...

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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.

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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