Afren, Premier, Faroe Among Top Oil Picks at RBS After Rout
Investing News Network - August 16th, 2011
Bloomberg reports that Afren Plc (LON:AFR), Premier Oil Plc (PINK:PMOIY) and Faroe Petroleum Plc (LON:FPM) are among the top U.K. exploration stocks for Royal Bank of Scotland Plc.
Bloomberg reports that Afren Plc (LON:AFR), Premier Oil Plc (PINK:PMOIY) and Faroe Petroleum Plc (LON:FPM) are among the top U.K. exploration stocks for Royal Bank of Scotland Plc.
The market news is quoted as saying:
Afren, an explorer focused on Africa, is down 24 percent since the start of August. Premier, which has interests in the U.K., Indonesia and Pakistan, has lost 13 percent while Scotland’s Faroe has dropped 9.8 percent.