Analyst Research Report Snapshot

Title:

FAROE PETROLEUM - ON THE ‘EXPLORER’ SUCCESS TRACK

Price:

$10.00

Provider:

Edison Investment Research

Date:

16 Mar 2010

Pages:

12

Type:

AcrobatPDF

Companies referenced:

FPM.L

Available for Immediate Download
Summary:

Faroe has built a unique portfolio of exploration licenses in the Atlantic margin and Norway, which are combined with producing assets. Recent drilling success at Tornado and Glenlivet is supported by an appealing exploration programme with seven committed wells to be drilled in the next 24 months. Its strong balance sheet was boosted last year by the £25.5m disposal of the Breagh interest and is backed by credit facilities, enabling Faroe to fully fund its exploration and capitalise on new opportunities. These factors point to further unlocking of its significant risked value.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.