Both companies have positive news today and both are undervalued and are my largest positions. Both are drillers/operators in areas where they know there is oil and they are good at extracting it. If the average price of oil stays above $70 over the next 12 months, they could both double from here. I particularly like the news from Ithaca that current daily production from Jacky and Beatrice is averaging over 14,000 bpd.
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