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High-Risk Investing Is the New Trend in Energy: Interview With Andrew McCarthy, CEO of Emperor Oil
Emperor Oil (PINK:CHVFF) is an international oil and gas company with a focus on the Middle East and North Africa. Most recently the company has renegotiated the terms of a joint venture gas deal in Turkey and introduced a significant conventional oil project in Sudan. James Stafford: Oil and gas juniors are now setting up shop in high-risk countries like Sudan Iraq and even Yemen. What's behind this new era of risk and are we likely to see more of this? Andrew McCarthy: This question creates an opportunity for risk comparison – is it less risky to drill a ...
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