Geppe
Contrarian

Shamaran Petroleum - A Buyout Is Likely To Be Its Next Stop

(Editors' Note: This article covers a micro-cap stock. Please be aware of the risks associated with these stocks.)

Shamaran Petroleum (OTCPK:SHASF) is one of the few companies that has assets in Kurdistan. The company has refocused its strategy on one field, from previously three. I find that its strategy is about to pay off for shareholders after years of disappointing share price performance.

Shamaran Trades Below Its Assets' Fair Value And Has Further Upside In Its Resource Base

Many oil giants, including ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX), have entered this lucrative market, to no surprise, as oil is one of the most underexplored assets in the world. With little to no acreage left...

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