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'Growth projects emerging' for oil juniors, says Proactive's Jamie Ashcroft

Published: 02:45 15 Apr 2017 EDT

''It's been a good start to the year'', says Proactive Investors Oil Correspondent Jamie Ashcroft.

''We've obviously seen support from  crude prices after the volatility of recent years  - there's now a bit more stability at the moment and the companies that have survived the downturn are looking at $50+ a barrel  and that's probably decent enough for a lot of their plans''.

Ashcroft also runs through 'the magnificent seven' - the oil juniors who've now more than doubled in value.

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