Seeking Alpha
Editor's notes: 2014 will be a year of reserves growth for Lundin, with increased profitability to follow. Investors should consider a long position in LUPE.ST even if they've missed the recent spike.

(Editor's Note: Investors should note that trading of LNDNF is very illiquid. Improved liquidity is available on the Stockholm Exchange under LUPE.ST)

Investment Summary

Lundin Petroleum AB (OTCPK:LNDNF), an oil and gas company with exploration and production assets focused upon two core areas, Norway and South East Asia, is a "Strong Buy" at current levels with a 2-year time horizon. This initiation on the company will discuss some of the interesting developments in the company, their impact on growth and the company's prized asset, which is potentially a long-term money spinner. I believe that the 10% rally in the stock price on Friday (February 7, 2014) is just the beginning of a sustained upside and the initiating...

Only subscribers can access this article, which is part of the PRO research library covering 3,741 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: