Upon re-reading the 'Next Oil Rush' analysis, this statement stood out to me like dog's you know what.
"The wildly successful first oil discovery in Kenya has encouraged AOI and Tullow Oil to fast-track their activities and plough hundreds of millions of dollars into drilling multiple exploration wells throughout Kenya for the rest of 2013 – all while constantly fending off takeover offers and JV offers from oil super majors who missed the boat and desperately want to get a foothold in East Africa."
The thought occurred to me... imagine if these super-majors did manage to take-over African Oil or Tullow... or imagine Tullow took-over African oil.
This kind of event has the potential to send SWE's market cap to well over $100million.
There are just so many possibilities that make this company such an enticing prospect. It's no wonder investors are clambering to get in.
SWE Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
