Buy LGO Energy, UK Oil & Gas Investments Or Faroe Petroleum

What do you think of UK’s most popular small-cap oil and gas stocks?

1. LGO Energy - (LSE: LGO)

2. UK Oil & Gas Investments - (LSE: UKOG)

3. Faroe Petroleum -(LSE: FPM)

Look at these encouraging points.

1. LGO Energy

• LGO Energy reported a 60% increase in proven and probable (2P) reserves.
• Planning to accelerate its drilling programme.

2. UK Oil & Gas Investments

• The UK Oil & Gas share price has risen by 420% so far in 2015.
• UKOG received oil production revenue of £200,000 from its stake in the producing Horndean and Avington oil fields.
• Confirmed that it has just over £12m of cash available to fund further investment.

3. Faroe Petroleum

• Production is running at 11,324 barrels of oil equivalent per day, ahead of forecasts.
• More than half of the firm’s oil production is hedged at $89 per barrel this year. This means cash flow remains strong.
• Currently drilling follow-up wells to last year’s Pil and Blue oil discoveries. Adding recoverable resources of 20-50 mmboe to the firm’s portfolio.

Looking at these simple data, are these stocks compelling enough to buy?