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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Valiant Petroleum - North Sea oil firm on cusp of strong increase in production

November 2009

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:
  • 655p
For years, analysts have been predicting the end of the North Sea as a major oil producing block given that all the large, easy to reach discoveries have been exhausted while the cost of accessing what's left has rocketed. However, the industry is nothing if not resilient and while Big Oil has exited this region, its place has been taken by some ambitious second liners, who have used improved technology to make some impressive new discoveries. Their success has also yielded some hefty gains for TMI as our initial recommendations to buy old favourites Dana Petroleum, 1433p and Venture Production at the ground floor stage have produced gains of more than five-fold and nearly three-fold respectively. Another North Sea player that we believe ...

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Valiant Petroleum - Fast growing North Sea oil producer on soon-to-be prospective PE of 3.6 (April 2011)
Valiant Petroleum - New North Sea oil firm with excellent production growth potential (July 2008)

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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