Hi all. I've been looking at NOP for a few weeks, and the SP seems to be meeting some resistance. Found this article on oilbarrel.com and it will tempt me to buy some shares on Monday. "The AIM-quoted company is active in three core areas, the UK onshore, Italy and the Netherlands, and last year had, according to Heard, “relatively minor” production of 120,000 barrels of oil equivalent (about 340 boepd). The modest production numbers, however, belie the potential of this portfolio to deliver many more barrels over the near-to-medium term, with six oil and gas fields currently under development in the Netherlands."

http://www.oilbarrel.com/news/display_news/article/conference-report-2-northern-petroleum-targets-production-growth-in-the-netherlands-tullow-oil-ex/771.html

 

twitter.com/teachertrader

Unlock the rest of this article with a 14 day trial

Already have an account?
Login here