Dave V

By dvolonn, February 20, 2012

I was wondering if anyone had some suggestions on a good oil stock under $10.00. With the situation concerning Iran and Israel the oil prices are slowly moving up. If prices were to jump is African Oil (AOIFF) a good one to have that would reflect oil prices? Thanks for your comments.

 

 

 


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5 Comments on " Dave V"

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Wayne
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Wayne

KOG Kodiac Oil and Gasis right at $10 and has been doubling their sweetcrude output almost every year from their Bakken oilfield sites

alainbm
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alainbm

Something I am looking into but that is riskier is a Canadian Junior called Canacol Energy Ltd. http://www.canacolenergy.com/
They have operations in Columbia and Ecudaor. They have some wells in production and good exploration acreage in Columbia.
Their Colombian geologist just bought $1,000,000 worth of shares on the open market at .88 and .89$.

Marianne Baker
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Marianne Baker

Check our Warren Resources, Inc (WRES), David. I bought some Feb 10 and just purchased a bit more today. Selling around $4.26 as I write this.

Papa
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I have been buyiny since the 1.40 level and keep adding. Plenty of cash, low debt. Partnered with Tullow with extensive knowledge of areas. Owns over 50% of Horn Petroleum. Both own tremendows amount of land to drill for years where oil seeps in places. Along with Afren, another I keep adding to are among my key holdings. sign on at their web for up to date emails. papa

aoibhneas
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aoibhneas

AOIFF up sharply today on oil discovery.see news. Saw report of at last 300 million barrels and possibly much more.

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