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Wunderlich Maintains Buy on Voyager Oil & Gas

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Wunderlich Securities released a research report this morning, in which it maintained its Buy rating for Voyager Oil & Gas (OTC BB: VYOG.OB) with a $6 price target.

Voyager has recently announced the closure of a deal for a $15 million senior secured note that should help fund drilling projects. Drilling at its Niobrara site is ahead of schedule, and development at the Bakken site is continuing along “nicely,” according to the report.

Well results are expected in the next few months, which have the potential to boost Wunderlich's NAV on Voyager.

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Posted-In: Bakken Niobrara Wunderlich SecuritiesAnalyst Color Analyst Ratings

 

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