Yoho Resources (OTC:YOHOF) is a small-cap outfit engaged in petroleum and natural gas E&P activities in western Canada. It has a significant acreage position in the hot Kaybob play of the Duvernay shale. After recent acquisitions, Exxon Mobil (XOM) and Chevron (CVX) are now Yoho's neighbors. It seems just a matter of time before Yoho is snapped up for its sweet-spot holdings in the Kaybob. If so, Yoho shareholders could easily double their money overnight.
According to a 2012 study by Canada's Energy Resources Conservation Board ("ERCB"), Summary of Alberta's Shale and Siltstone-Hosted Hyrdocarbon Resource Potential, the Kaybob play is the Duvernay shale's sweet-spot. This area has the best porosity...
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