This is an oil and gas exploration company with a difference. It was founded by the former secretarygeneral and president of Opec, Dr Rilwanu Lukman, with the express intention of looking for oil and gas in Africa in partnership with local businesses.
This means the company is seen to be supporting African enterprise, rather than profiting from the country's natural resources at the locals' expense.
The management team is highly impressive - Lukman himself is widely respected and chief executive Brian O'Cathain is a true industry veteran. Afren has already had some success and 2007 should see further exciting developments. The shares are trading at 57p.
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