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Genesis Petroleum (GPC:AIM) 20p

There are two main factors that differentiate Genesis from its peers on the junior market. The first is that it is one of only three Aim-listed companies licensed to bid for acreage in Norway. The second is reflected in two names that feature on the company’s shareholder register – Aker and Petroleum Geo-Services. Both are high-profile players in the Norwegian oil industry. The latter in particular offers Genesis access to a wealth of seismic data. The company has just won positions on three new blocks in Norway that double the group’s unrisked recoverable reserves and hopes to drill two wells on its UK acreage this year.