Breaking Development on Our First and Only Junior Oil & Gas Pick

A major development has been announced by an adjacent supermajor. The temperature on this area play just got turned up, again.

On February 1st I introduced a junior oil & gas explorer to premium subscribers - our first speculation in the sector, so I wanted to make it a good one.

The company holds strategic acreage in a petroleum system where supermajors have confirmed multiple billion-barrel discoveries over the past three years.

Since then, the play has gotten even hotter.

This morning, a new supermajor entered the district, acquiring operating interest in blocks directly adjacent to our junior’s two flagship positions.

This marks the latest validation from operators committing billions in drilling budgets through 2029.

The timing confirms what I’ve identified after several months on the hunt for a junior oil play worthy of this portfolio: an unknown play that institutional money will have no choice but to re-rate significantly once catalysts start hitting across the district.

While the majors jostle for acreage and deploy massive exploration programs, our play, with a tiny market cap and management that know the district down cold, sits entrenched with carried interests where they pay zero drilling costs.

I’ve included an updated area map below showing just how crowded this region is getting, and where our junior is positioned at the epicenter, along with their game plan to add shareholder value.

Premium subscribers: Breaking update with details on today’s supermajor entry and management’s response below.

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