Translated from the following link: http://www.hegnar.no/analyser/article426360.ece
If Terra analysts are right in their predictions, you can almost double your money on the following stock.
Article by: Stian Jacobsen (Reuters - 05/20/1910 12:54)
Today's OSX acquisition candidates - QEC & OPERA
• Questerre (16.50) - a recent fall in the share price currently provides a good entry point. Questerre has fallen around 30 percent the past month. In the same period, gas prices remained stable around 4.2 to 4.3 U.S. $ / mmbtu. We believe the fall in share price during the period is exagerated and can not be fundamentally justified. There are several positive price triggers ahead. The test results from Gentilly and Fortierville in Utica are expected by the end of the third quarter. Questerre envisions a volume of 2.0 mmcf / d from the wells, which is well above the minimum requirement for commercial development of 1.5 mmcf / d. We recommend buying the stock and set a target price of 30 NOK (4.90 CAD).
