http://www.**promotion blocked**.au/2014/04/16/5-resources-stocks-for-your-wat...

http://www.fool.com.au/2014/04/16/5-resources-stocks-for-your-watchlist/

Sundance Energy Australia Ltd (ASX: SEA) is another prospective oil and gas producer except its flagship assets are located in the United States. It recently recorded a huge increase in reserves following an independent evaluation. It has a healthy cash position and is priced to buy at $0.945.

Foolish takeaway

Many analysts tipped 2014 to be the year of resources stocks. So far it doesn’t appear to be eventuating. Maybe it’s because there still isn’t enough confidence in the market to spur investment into the sector after years of shareholder destruction and poor commodity prices. However, if 2014 does turn out as planned, keep a close watch on these stocks because they won’t last long at current prices.

DYOR