As specialists in researching and investing in the North American energy space, we have canvassed the industry and have taken a deep dive into the companies that we believe will benefit from the boom in shale oil and gas production. We believe Bonanza Creek (NYSE: "BCEI") the Denver-based oil and gas exploration company is well positioned for high margin double digit production growth and resource expansion driven by its Niobrara oil play in the Wattenberg Field in Northeast Colorado.
Read: http://seekingalpha.com/article/2118903 ... ent-upside
My Fair Value Estimate for BCEI is $64/share. Updated profile and forecast model are available under the Sweet 16 Tab.
Bonanza Creek (BCEI)
Bonanza Creek (BCEI)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group