Floated on AIM earlier this year.
Specialises in fractured basement reservoirs in the N Sea. (like Soco in VN)
Significant discovery just announced.
Management team has greatly impressed some other commentators. In a previous life I used to work with the chairman and I was certainly very impressed by him.
Share price soared today by 50% + before settling back for a modest 23% on the day.
Target set by some analysts implies > 100% rise is possible on today's closing price.
Flagged here as a collaborative heads up
DYOR - NO RECOMMENDATION IMPLIED
Money where mouth is - took modest position yesterday and bought 3x as much again this am.
Up 12% today.
Come to daddy
:~)
