Came across a good recent article on O&G juniors which I found...

Came across a good recent article on O&G juniors which I found consistent with what I believe has been our strategy and insightful for any analysis on the sector imo

Some quotes:
"Long gone are the days of easy money, so it seems. Junior energy companies are finding today’s capital to be more expensive and harder to access"

"The problem today is that many companies have to strap themselves in and take on debt, which puts them at great risk: Deliver or die"

Source: http://oilprice.com/Finance/investing-and-trading-reports/Deliver-or-Die-Financial-Survival-Challenges-for-Todays-Junior-Oil-Companies.html

Cheers