Orcadian Energy provided a comprehensive review of its operational progress and its forward looking outlook in its annual report. The company reported a loss for the year of £1.5M and its cash position at the year-end is not relevant given that the company successfully raised £1.0M at 35p/share after the period end. We believe that Orcadian Energy has tremendous latent potential given it has a 100% interest in, what we believe to be, the UK's best undeveloped oil asset in terms of scale, low-ris ....
