London open: Footsie posts early gains
6th Oct 2009 08:53
Footsie's bright start is fizzling out a little after disappointment over Tesco's half-year profits, despite the surge by the Dow overnight. Australia's decision to raise interest rates has also sparked some caution, It is the first G20 member to do so since the credit curnch really started to bite
Read moreCaza soars on Lucky Penny well result
6th Oct 2009 08:42
Caza Oil & Gas has struck lucky with its first well in the Abo/Wolfcamp horizontal oil play in New Mexico, USA. The company made a hydrocarbon discovery at the Lucky Penny 10 State #1 horizontal well in Lea County, New Mexico. The well has been drilled to a depth of 10,571 feet and a production pu
Read moreCaza unveils Endeavour collaboration details
14th May 2009 15:45
Oil and gas explorer Caza and its partner Endeavour International have finalised details of their collaboration programme for 2009. Endeavour has agreed to fund the drilling of three wells located in the Abo-Wolfcamp trend in New Mexico. Six additional prospects for potential drilling and testing
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