LUPEY - Producing Oil At $4/Barrel Selling It For $70: Lundin Petroleum
Introduction
In January, I earmarked Lundin Petroleum (OTCPK:LNDNF) (OTCPK:LNDNY) (OTCPK:LUPEY) as one of my favorite oil investments for this year. The company is combining a record-low operating cost with a strong organic growth plan, and this should benefit Lundin Petroleum’s shareholders, further down the road. After an excellent 2017, Lundin Petroleum seems to have started 2018 pretty strong as well.
Source: finanzen.net
Lundin’s main listing is on the Swedish Stock Exchange with LUPE as its Swedish ticker symbol. Considering the average daily volume in Sweden is approximately 750,000