IMP imperial corporation limited

ShakazuluYou might be right about management's lacklustre...

  1. 1,189 Posts.
    Shakazulu

    You might be right about management's lacklustre efforts toward promotion, but I think it's possible some tip sheet will find this one before too long and in this way exposure will come off its own accord.

    Aurora Oil and Gas wound up being the best performing stock on the asx last year according the Australian newspaper (up over 600% from memory).

    It released a maiden reserve statement in August citing 4.3mm bbl and 24 bcf and holds an average 25% interest in 55000 acres of eagle ford shale.

    Seems to me Imperial has alot going for it when you compare their reserves, production profile (including solid hedging of gas) and market cap-
    The latest acquisition looks good as it adds to production in a meaningfull way at 550 bbl per day.



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.