Street Smart Investor
Long-term horizon, energy, natural resources, micro-cap

CanElson Drilling: Stock Upside To Be Fueled By Strong Growth In 2015

(Editor's Note: Investors should be mindful of the risks of transacting in illiquid securities such as CDLRF. CanElson Drilling's listing in Toronto, CDL.TO, offers stronger liquidity.)

Initiation Summary

CanElson Drilling (OTC:CDLRF), an oilfield service provider based in Canada aspires to be a $1 billion company within the next four years, after clocking revenue of $237 million in FY13. The target is steep, but CanElson Drilling is progressing well.

The company's progress is well supported by the shale oil boom in the United States and Canada and this initiating coverage will discuss how CanElson Drilling stands to benefit from this boom.

This initiating coverage also discusses the company's near-term growth plans and the potential stock upside catalyst for the...

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