NVS: Viking Milestone

KIRK WILSON, Clarus Securities (11/23/2010)
"NVS reported its first quarter with positive cash flow as it continues to execute its strategy of consolidation and demonstrating that the Viking at Dodsland is a large and viable light oil resource play. Achieving positive cash flow is a milestone and we view it as a turning point in this growth story. We expect both production and cash flow to continue growing as the Company proceeds with drilling. We reiterate our BUY recommendation."

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