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| TOP PICK | 1.200 | Jaime Carrasco | North Sea natural gas/oil. Very little downside as they’ve made a gas discovery that is not fully priced into the stock. Will be hooking this into the pipe and will start generating free cash flow by October. Will also start drilling North Piper August 1st. | 2008-07-25 | |
| Comment | 1.450 | Joseph Schachter | In the process of drilling a high impact well in the UK North Sea. Will probably know within 30 days if it is successful. Very good management. If the well comes in and they have the ability to bring it on, they have other land blocks as well. They don't have rigs under contract, which could create delays. | 2008-06-05 |