In response to the recent fall in oil price, many hedge funds and HNW individuals are actually  increasing their allocation to the E&P sector.  They see a huge, contrarian opportunity to acquire or fund under-valued assets.

We agree.  The next 12 months are an opportunity to make great returns in E&P but investors must choose the right opportunities.  Choosing the right opportunity is a function of understanding how much the underlying assets are really worth.  

See this interesting article