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...

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