There are several oil & gas exploration companies keen to capitalize on the untapped resources in the Kurdistan region of Iraq. I had discussed two very promising prospects earlier - DNO International (OTCPK:DTNOF) and Gulf Keystone (OTCPK:GUKYF). I maintain my outlook for these companies as a "Strong Buy."
In this research, I will discuss another very promising company in the Kurdistan region - Genel Energy (OTCPK:GEGYF). As the title indicates, the stock has a potential 30%-50% upside from current levels with a one-year time horizon. Before I discuss further, let me stress that the stock selection is not just based on the company's presence in a resources rich territory. The...
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