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The speed of the correction of oil prices has caught many investors (and hedge funds) on the hop. The big question for investors now is whether a key support level at $100/barrel will hold or break. The consequences of either outcome will have a major impact on where oil companies listed on stock exchanges around the globe go next.
Below we have listed a wide range of oil exploration companies, from juniors to majors whose short term direction hinges on what happens to the oil price next…
Platina Energy (OTCBB: PLTG) has acquired proven producing and proven non-producing reserves in addition to other possible reserves. The Company also owns rights to German inspired oil extraction technology.