In the latest episode of #FinancialFox, Briitish private investor #ChristopherWilliams aka #ChrisOil talks to PR Guru #StefaniaBarbaglio about his favourite stocks. Back to oil investment, Chris is now looking at high-impact undervalued small-cap companies: his pick is #UnionJackOil (UJO) which has an interested in Biscathorpe oil prospect. Defined as one of the UK's largest onshore conventional oil assets, Biscathorpe accounts mean prospective resources of 3.1million barrels net to Union Jack and a high geological chance of success of 40%. Biscathorpe represents a game-changing asset for UJO, having the ability to transform the company into a significant UK oil producer.
Drilling of Biscathorpe-2 conventional well is planned for November.
Chris Oil is also building up a strong position in uranium, waiting for the big turn in the market. His preferred stock is ASX listed #BannermanResourcesLtd's (ASX:BMN) with its wholly-owned flagship asset: the #EtangoUraniumProject in Namibia. The Etango Uranium Project is one of the world’s largest undeveloped uranium projects. Moreover, it is in Namibia, southern Africa, one of the world’s top five uranium producing nations with substantial mining infrastructure. Happy researching!
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