most cautious

Rockhopper's 175-million-barrel Sea Lion find was enough to persuade FTSE 250 oil independent Premier Oil to commit a total of $2 billion to developing Sea Lion, with a view to starting commercial oil production in 2017. It's your call If you are considering buying shares in Falkland Oil & Gas, I strongly recommend this free Motley Fool report, which explains the factors you need to consider -- and the risks you might encounter -- when evaluating smaller oil and gas explorers. This sector has always provided its fair share of multibaggers and falling knives that can persuade even the most cautious of investors to take a wild punt -- so if Falkland Oil & Gas is tempting you today, please click here to read the Fool's exclusive oil and gas report before you hit the "buy" button.