FinancialFox. Briitish private investor Christopher Williams aka Chris Oil talks to PR Guru Stefania Barbaglio about his favourite stocks. Back to oil investment, Chris is now looking at high-impact undervalued small-cap companies: his pick is Union Jack Oil (UJO) which has an interested in Biscathorpe oil prospect. Defined as one of the UK’s largest onshore conventional oil assets, Biscathorpe accounts mean prospective resources of 3.1mln barrels net to Union Jack and a high geological chance of success of 40%. Biscathorpe represents a game-changing asset for UJO, having the ability to transform the company into a significant UK oil producer.
Drilling of Biscathorpe-2 conventional well is planned for November.
Chris Oil is also building up a strong position in uranium, waiting for the big turn in the market. His preferred stock is ASX listed Bannerman Resources Ltd’s (ASX:BMN) with its wholly-owned flagship asset: the Etango Uranium Project in Namibia. The Etango Uranium Project is one of the world’s largest undeveloped uranium projects. Moreover, it is in Namibia, southern Africa, one of the world’s top five uranium producing nations with substantial mining infrastructure. Happy researching!