I'm biased, but I think BAS is a great opportunity.
They have producing assets and on the back of increase in production from existing assets, they are drilling at least two more wells in Indonesia near their existing wells. The Indonesian government seems to be very supportive of private enterprise extracting oil, and havew come out recently essentially asking for more investment in the region. BAS is uniquely positioned to take advantage of the perfect storm, of higher oil prices, increased local demand from Indonesia(now a net importer of oil) and being in a politically stable part of the world.
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I'm biased, but I think BAS is a great opportunity. They have...
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