Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
North Sea oil and gas producer Ithaca Energy (IAE) provided an interim report this morning which has reassured investors that long-awaited production in the Stella oil field will be coming soon. But the shares still carry an extraordinary amount of risk.
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