LUPEY - Lundin Petroleum: Producing Oil At Less Than $5 Per Barrel
Introduction
Sometimes the best oil investments aren’t found on a large exchange like the NYSE or the London Stock Exchange. Lundin Petroleum (OTCPK:LNDNF) (OTCPK:LNDNY) (OTCPK:LUPEY) is a Swedish oil company focusing on Norwegian oil fields, trading on the Stockholm Stock Exchange. The company has a stake in the huge Johan Sverdrup oil field which it’s jointly developing with Statoil (STO), and appears to be undervalued based on its low production costs and expected production growth.
Source: finanzen.net
As the company’s main listing is in Swedish Crowns,