Ocean Wilsons director splashes out
30th Jun 2011 17:35
Board member Alex Cooper has upped his stake in Ocean Wilsons, spending nearly £50,000 on shares in the Brazil-focused shipping services group. Cooper, a lawyer and resident of Bermuda, bought 3,550 shares at 1,360p a share, and now has 46,450. The shares have risen sharply since the company issue
Read moreAminex commences drilling at Tanzanian well
17th Jun 2011 13:29
US- and Tanzania-based oil and gas group Aminex announced that its Nyuni-2 well spudded shortly in the early hours of the morning on Friday. It is estimated that drilling to target depth at the well, located offshore Tanzania 30km off the mainland, will take nine to ten weeks. Nyuni-2 will be the
Read moreAminex details its East Africa exploration programme
8th Jun 2011 12:14
East Africa focused oil exploration company Aminex is today holding its annual general meeting in Dublin. In the accompanying slide presentation, posted on the company's website, the outfit describes the progress made in its different exploration activities in Tanzania. The company has recently rai
Read moreAnother busy year ahead for Aminex
30th Mar 2011 14:17
Oil firm Aminex has had a busy year's drilling and expects more of the same as it advances projects in Africa and the US. In the year to 31 December, revenues fell to $7.1m (£4.43m) from $7.8m the previous year, while net losses widened to $4.5m from $2.9m. "We are looking forward to a busy period
Read moreF&C chairman continues buying
18th Mar 2011 16:54
F&C Asset Management chairman Edward Bramson's interests have been consistently buying shares in the past week, while F&C chief executive Alain Grisay has made a significant disposal. Bramson was appointed chairman of F&C last month after a shareholder coup but his investment vehicle SIGA LP had
Read moreLondon close: Japanese concerns knock Footsie
14th Mar 2011 16:47
London closed near to its low for the day as a decline on Wall Street dragged the market lower later in the day and there were concerns about the possible effects of the Japanese earthquake on financial markets and global economies. Miners Rio Tinto, Xstrata, African Barrick and ENRC are the pick o
Read moreLondon afternoon: Shares stuck lower as Japan casts shadow
14th Mar 2011 14:57
London's blue chips have turned lower again following falls on Wall Street as traders continue to mull the possible effects of the Japanese earthquake. Miners Rio Tinto, Xstrata, African Barrick and ENRC are the pick of the mining sector. Also going well is temporary power solutions provider Aggrek
Read moreLondon midday: Blue chips turn lower on volatile day
14th Mar 2011 12:21
London's blue chips have turned lower again as investors await the US markets' reaction to Japan's devastating earthquake. Miners Rio Tinto, Xstrata, African Barrick and ENRC are the pick of the mining sector. Also going well is temporary power solutions provider Aggreko, which may find its service
Read moreLondon open: Aggreko in demand in wake of earthquake
14th Mar 2011 08:47
Mining stocks are shoring up the Footsie but the blue-chip index is still in the red, despite the price of oil ebbing. Miners Rio Tinto, Xstrata, African Barrick and ENRC are the pick of the mining sector. Also going well is temporary power solutions provider Aggreko, which may find its services c
Read moreStrong interest in Aminex open offer
14th Mar 2011 08:17
Oil company Aminex said its 1-for-6 open offer of 96.1m shares was oversubscribed by around 27%. Excess applications for shares will be scaled back on a pro rata basis, the company said. The company raised around £6m (gross) from the open offer, which was priced at 8p per share. The proceeds fr
Read moreSmall caps round-up: Aminex, Helesi, Powerflute...
4th Feb 2011 11:31
Aminex has proposed to up its interest in the Nyuni Production sharing agreement in Tanzania from 50% to 65% through a farm-in agreement with Key Petroleum. "A further acquisition of interest in the Nyuni PSA is a logical expansion of our activities and confirms our strong commitment not only to
Read moreSmall caps round-up: Aminex, Fortune Oil, Town Centre Securities
18th Nov 2010 16:13
Oil company Aminex is excited about prospects in Tanzania where it has a big drilling programme lined up for 2011, but will need more money to pay for it. "In order to fulfil its ambitious 2011 drilling programme, the company is actively working on the several options available to it for securing r
Read moreSmith raises £7.1m in Collins Stewart sale
25th Oct 2010 17:24
Having announced his retirement as deputy chairman less than two weeks ago, Terry Smith did not waste much time before selling his entire beneficial holding of 8.93m shares in stockbroking firm Collins Stewart. Smith, who will quite the board of Collins Stewart to focus on his role as chief executi
Read moreAminex Louisiana Drilling Agreement With El Paso
16th Jul 2010 12:02
LONDON (Dow Jones)--Aminex PLC (AEX.LN), said Friday that its subsidiary Aminex U.S. Inc has entered into an Area of Mutual Interest Agreement and a Joint Operating Agreement with El Paso E&P Company, L.P. covering 960 acres, to explore the potential of the deep Wilcox formation which is believed to
Read moreAminex: Olympia Minerals-1 Well Yielded 504 BOPD Under Test Conditions
30th Jun 2010 07:20
LONDON (Dow Jones)--Aminex PLC (AEX.LN), an oil and gas company, said Wednesday the Olympia Minerals-1 well at Shoats Creek, Beauregard Parish, Louisiana, yielded a rate of 504 barrels of oil per day, or BOPD, under initial test conditions, together with associated gas of 350 thousand cubic feet per
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