BUY, HZN, and maybe as the roughy, NDO (Nido Petroleum). Nido has a good chance of being an X-bagger if the Galoc discovery is actually developed. Large US coy doing the studies and sums at the moment, decision on next stage expected later this year - but obviously high risk (almost an all or nothing outcome). Also chance to run if they can get a farm-in for their other Phillipines prospects (including Corin? North). They also think there is an opportunity to increase recovery from existing field production.
Holding the above, plus HDR, AYO, OSH, ROC, (also have liked ARQ & PSA for some time but can't own them all).
Cheers
OG
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