Global Value Investing

[rru2s]

OT: Petrobakken 10% dividend oil play.

http://seekingalpha.com/article/286232-petrobakken-energy-is-poised-to-prove-itself

They have recently implement enhanced fracking and it shows much greater recovery. Some of their competitors have done the same thing. Several people familiar with the Canadian fracking companies think there performance could be stellar. Morningstar rates them a 1.6 (Buy).

I'm in for a small position, this is legit north american beaten down oil play and with a very attractive PPS, dividend rate, and production increase.