Charles Lemieux
Tech, oil & gas, small-cap

Calvalley Petroleum: A Debt-Free Oil & Gas Producer Trading Below Proven Reserves

Some companies just don't get the love they deserve from the market. It seems to be the case for Calvalley Petroleum, an oil and gas exploration and development company operating in Yemen. The market undervalues the assets and doesn't seem to think the company can grow from here. Below, I will do a quick overview of the company, point out why I think it's cheap and mention potential risks involved.

About Calvalley Petroleum

Calvalley Petroleum (OTCPK:CVYPF) is an oil and gas exploration and development company. It has 50% working interest in Block 9, which consists of 552 000 acres of land located within the Sayun-Masila Basin in Yemen. Other companies participating in the joint operating agreement (JOA) are...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details