We are adding an energy stock to our trading portfolio this week. High gas prices going into the winter plus an emphasis from the UK government on boosting domestic energy production are likely to provide further impetus to North Sea assets. We are adding a potential multi-bagger with exposure to the North Sea gas story.
This is a company in the process of acquiring more gas assets in the North Sea area. It has a very experienced management team, which set up the company as an investment vehicle in 2020 in anticipation of a bull market in gas. They have seeded it themselves and made their first acquisition in 2021.
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