Hi All,

I bought yesterday the oil company Dana Petroleum. I know that oil prices are down, but this company states that they will still earn even when the oil price is $30 (which is now around $38). On top of that the company is debt free which is always a good positive sign.

They announced on Monday that they bought Bow Valley Energy for $177m in cash.

I bought them at 947p (March rolling) using Paddypower that offered the best spread by far.