BP snaps up Antrim Energy's Causeway stake
28th Aug 2012 09:55
The London listed, but Canada headquartered oil firm, Antrim Energy has managed to agree a significant sales contract with BP. The sale of Antrim's 35.5% share of oil produced from the Causeway Field in the North Sea will see BP get access to a site that has tested at 14,500 barrels of oil per day.
Read moreResource round-up: Sunrise Resources, Antrim Energy, Sacoil
21st Aug 2012 10:49
Sunrise Resources, the minerals explorer, says it has completed the first Aboriginal heritage survey at its Cue kimberlite site in Western Australia, with drill testing expected to start next week. The group also says mining studies have been 'largely completed' at its Derryginagh barite project in
Read moreAntrim to regain interest in North Sea licence
13th Apr 2012 08:08
AIM-listed oil and gas group Antrim Energy is to regain working interest, reserves and operatorship in the Fyne Licence in the North Sea from Premier Oil, under the terms of the joint operating agreement (JOA). The Canada-based company said its working interest in Fyne (Central North Sea Licence P0
Read morePremier Oil abandons North Sea well
6th Feb 2012 07:55
FTSE 250 oil and gas exploration and production firm Premier Oil has reported that the East Fyne Appraisal well in the North Sea, which it operates on behalf of JV partners which include Antrim, is being plugged and abandoned. The news comes after the firm encountered 11 feet of gas bearing sand a
Read moreSmall caps round-up: Ceres, Ceramic Fuel, Antrim ...
23rd Jan 2012 09:22
The bombed-out shares of Ceres Power showed signs of life on Monday morning after the company announced significant improvements in the durability of its core fuel cell module technology. Meanwhile, the long term test programe of its combined heat and power (CHP) engineering technology remains on s
Read moreLondon Close: Footsie enjoys pre-Christmas surge
23rd Dec 2011 12:45
Footsie has battled its way above 5500, and there are just a handful of the top-share index's constituents that are not participating in the advance, including banking titans Lloyds, Standard Chartered, HSBC and Royal Bank of Scotland. Hopes that the US recovery is gathering pace and that it might,
Read moreLondon midday: Stocks up on US hopes
23rd Dec 2011 11:43
Shares in London were up as investors began to believe the US recovery is gathering pace, perhaps with the prospect of dragging Europe along with it. The main indicator out of the US will be the number of new home sales, due after the market closes in London but hopes are high the figures will show
Read moreLondon open: Vultures circle round Blacks Leisure
23rd Dec 2011 08:30
The top-share index briefly broke through the 5500 barrier this morning but could not sustain it, as traders' thoughts turn to mince pies, mulled wine and a dash to the shops for a bit of last minute Christmas shopping - and, while they are at it, to check that the shops are still in business. Blac
Read moreAntrim gives Premier a North Sea Christmas present
23rd Dec 2011 07:15
Antrim Energy, the Canadian oil company, says it has drilled a successful sidetrack well to assess the Erne discovery in the UK section of the North Sea. The sidetrack encountered around 24 feet of net oil and 14 feet of net gas in a high quality sandstone reservoir, Antrim revealed. Antrim did no
Read moreAntrim makes discovery in North Sea
1st Dec 2011 09:16
Antrim Energy, the Calgary based oil exploration company, has announced a discovery at its Erne exploration well in the North Sea. Antrim, which has a 50% interest in the well, with Premier Oil holding the other 50%, says a hydrocarbon column in excess of 50 feet was encountered during drilling. T
Read moreAntrim boosts gas production in southern Argentina
30th Aug 2011 12:31
Oil and gas exploration company Antrim Energy has succesfully completed fracture stimulation, a process which creates fractures in the rock formations to help recover the natural gas, at two of its wells in Tierra Del Fuego, southern Argentina. Both wells, which had already been drilled, were re-e
Read moreLondon close: Shares edge higher on quiet day
4th Apr 2011 16:43
Having hovered around its starting point for much of the day, the top share index finished just a few points higher. Vodafone's sale of what it considers non-core minority stakes continues with the sale of its 44% holding in French mobile phone group SFR to French media group Vivendi for €7.75bn (£
Read moreLondon midday: Shares seeking direction
4th Apr 2011 12:25
Shares are still seeking direction after a slight recovery following a lower start in the morning. It has been a morning for asset sales with both telecoms giant Vodafone and oil colossus BP pressing on with their respective asset sale programmes. Vodafone's sale of what it considers non-core min
Read morePremier Oil takes up North Sea option
4th Apr 2011 09:27
FTSE 250 oil and gas company Premier Oil has exercised its option to drill the East Fyne appraisal well in the UK Central North Sea. Premier has a joint venture and earn-in agreement relating to the area of the North Sea containing the East Fyne well with oil and gas firm Antrim Energy. Under the
Read moreAntrim awash with cash
30th Mar 2011 15:51
Oil and gas firm Antrim Energysaw revenue ease back in 2010 despite surging oil prices, but losses narrowed sharply. Revenue in 2010 fell to $12.54m from $12.95m the year before. Net loss narrowed to $7.96m from $12.56m in 2009. The company ended 2010 with no debt and cash reserves of $25.7m. Cash
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