I started watching this one about 6 months ago, i initially bought some then, but have added to my position when the SP went below 1.00

couldn't believe that it happened, the risk is not there as far as i can see.

potential 200m barrels recoverable - i valued this one at 12.50 about 6 months ago.

Broker notes are telling the same story, and may put XEL in the same valuation as Dana Petroleum.

The North Sea is becoming hot again in my opinion.

Andy