Analyst and commentator Malcolm Graham-Wood says this week's acquisition by Solo Oil (LON:SOLO) of producing natural gas fields in the Dutch section of the North Sea 'ticks all the boxes'.
''I was really impressed by this to be honest''.
''This deal they've done really does hit every nail on the head - it's reasonably priced, they'll raise some debt and equity and it transforms the company absolutely and completely''.
Graham-Wood also offers up his thoughts on recent developments with Genel Energy PLC (LON:GENL), Gulf Keystone Petroleum PLC (LON:GKP), Bahamas Petroleum Company PLC (LON:BPC), Nu-Oil and Gas PLC (LON:NUOG), Jersey Oil & Gas Plc (LON:JOG) and Eco Atlantic Oil & Gas Ltd (LON:ECO, CVE:EOG).