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An oil pumpjack sits unused in a field north of Edmonton, February 8, 2013.
An oil pumpjack sits unused in a field north of Edmonton, February 8, 2013.
(JASON FRANSON For The Globe and Mail)

Energy investors show DeeThree some love

DeeThree Exploration Ltd. is finally convincing investors that management has diversified the business, making it worthy of their money.

After the junior oil producer released its capital spending budget and production projections this week, investors reacted with glee, sending the shares nearly 7 per cent higher.