For me it was driven by a decision to exit pure explorer stocks after being in 88E for a long long time with no return, wanted to stick to oil as my own career background is in oil, then made a list of qualities that I was looking for which included -
- smaller producer
- in a country with low sovereign risk
- good management
- that communicate well with shareholders
- undervalued
- production projects coming on line
BYE fitted that list well.
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Ann: Byron Successfully Completes $13.8 million SPP, page-68
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