A highly promising oil stock

If it's high risk and high reward you're looking for, says the Investors Chronicle, then Afren (AFR:AIM, 61p) could be the stock for you.

If it's high risk and high reward you're looking for, says the Investors Chronicle, then Afren (AFR:AIM, 61p) could be the stock for you.

A specialist exploration and production oil company, Afren is geographically focused on Nigeria, where it qualifies as an indigenous company on account of its board's wealth of experience in that region.

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Charlie Gibson

Charles has previously written for the MoneyWeek, giving readers his share tips regularly and covering other topics on the side such as stock markets and the economy. He has also written for The Business, Shares, Investors Chronicle and The Evening Standard, and Charles has presented on LBC and been a guest on BBC One and BBC World. Aside from his journalist background, Charles graduated as a chemist from the University of Oxford specialising in ligand gated ion channels.