The CEO of the company believes strongly in the company as he has been buying millions of dollars worth of shares since the stock was spun off from VOG. The company had an oversubscribed private placement some months ago at $1 per share.

They currently own roughly 14,000 acres of land in the Bakken/Three Forks. Plans are to increase acreage exposure, raise additional resources for further exploration and eventually list on a major U.S. exchange. The value of this company will come with its increasing land exposure and oil production capabilities.

ANFC is easily the most speculative stock of the bunch. At the same time, should we see a scenario that witnesses oil prices move up to new highs (a real possibility given various long-term macro catalysts) ANFC could create gains that make even the most aggressive investors blush.
Ali Meshkati is founder of, a Web site focused on investing in restructurings and special situations in micro-cap and small-cap stocks. Prior to Zenpenny, he managed Trillian Capital Partners LP, a top-ranked macro hedge fund. He has been trading the financial markets since 1994, working as an adviser to both individual clients, as well as an institutional trader with Bank of America. He can be reached at