John StephensonCanCambria EnergyCCECTOP PICKSep 21, 2026
It has long term optionalities with a big gas find in Hungary along with a shorter term play with its shallow oil discovery. There are several catalysts coming up and they are looking for a joint venture partner for a big mining play. It is also in Europe which is a huge market for natural gas priced at $20 t0 $27. Even at a mid-cycle price of $10 this could still be very significant. With two catalysts in the next 6 to 9 months, it has enormous upside should this go ahead. But 1 Hold 0 Sell 0
It has long term optionalities with a big gas find in Hungary along with a shorter term play with its shallow oil discovery. There are several catalysts coming up and they are looking for a joint venture partner for a big mining play. It is also in Europe which is a huge market for natural gas priced at $20 t0 $27. Even at a mid-cycle price of $10 this could still be very significant. With two catalysts in the next 6 to 9 months, it has enormous upside should this go ahead.
(Analysts’ price target is $2.88)But 1 Hold 0 Sell 0