UK 04:16 Monday, 9 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.
Today I introduce you to a small oil and gas company that has more going for it than 80% of the pure trash resource plays on the AIM market. I have been vindicated on sell calls of Petro Matad and Great Western Mining which I remain bearish about.
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Comments
wildrides
I would rather have LGO myself . Claims to be producing 500 bopd …….. from an old reworked field , but no one really knows because David “Dell Boy “ Lenigas and his capable side kick NR hardly ever release any fiqures , ( Probably hiding falling production from the reworked old wells ) however they are about to drill a new well in April and are cheap enough at 0.80
Usual problem tho, as with all Dell Boy outfits ………. not enough shares in issue , although not as bad as RER which seems to be going into competition with Atlantic coal on the dilution stakes.