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P.A. Resources, Revus hot in Norway


Published Oct 15, 2007
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P.A. Resources is “the most attractive” stock to be bought in Oslo, with oil company Revus a close second, Oslo analysts polled Monday said ahead of fall trading expected to “make or break” some industry players.

Icleand-based Glitner Securities analyst Christian Yggeseth told newspaper Dagens Næringsliv he recommended the two oil producers, plus Pertra and Interoil Exploration, though not for the moment Statoil, DNO or Trefoil which remain “keep or hold”.

Record-high oil prices are seen continuing the trend of merging for production that last week saw oil companies Pertra and DNO merge.



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