Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
One of my two share tips for 2018, AIM-listed Bowleven (BLVN), has updated the market on the first of two appraisal wells: it is bad news. As Waseem Shakoor puts it: disappointing, but that’s drilling. I had hoped for better, but as AIM-listed UK Oil and Gas (UKOG) and fellow pie-in-the-sky oiler, AIM-listed Frontera Resources (FRR) want to ignore, no matter how loudly you shout about the potential, in the end it is only the drill-bit which matters.
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