Sainsbury chief exec sells despite bid rumours
8th Jul 2010 16:47
Sainsbury boss Justin King took advantage of the supermarkets group's two-month share price high this morning by selling shares the day after rumours that the Qatar Investment Authority is considering a bid. King sold part of his existing shareholding as well as exercising and immediately selling
Read moreSmall caps round-up: Ithaca, Ambrian Capital, Providence...
6th Jul 2010 12:07
Oil and gas firm Ithaca Energy said it increased production throughout the second quarter of 2010 and remains on target to achieve forecast 2010 production levels. Production in the second quarter averaged 10,217 barrels of oil per day, a 17% improvement over first quarter production. Stockbroker
Read moreChariot Oil & Gas To Commence Drilling On Namibia Licenses
6th Jul 2010 07:47
LONDON (Dow Jones)--Chariot Oil & Gas Limited (CHAR.LN), an Africa focused oil and gas exploration company, announced Tuesday that it has received the processed 3D seismic information in both time and depth for the Northern and Southern blocks on its licenses offshore Namibia and now will commence m
Read moreChariot seeking to balance portfolio
2nd Nov 2009 08:50
Debt free exploration firm Chariot Oil and Gas has yet to see any revenue from its assets but plans to address this by focusing on securing assets with low exploration costs and nearer term production capability. At the same time, the company will continue to develop its interests in Namibia, which
Read moreSmall caps round-up: Albany Capital, Scott Wilson, Chariot Oil...
15th Jun 2009 08:47
Pre-IPO investment company Albany Capital posted a pre-tax loss of £3.14m against a profit of £727,000 in the same period last year. Consolidated net assets per share at 31 March 2009 was 39.0p (31 March 2008: 55.9p) Due to the current economic climate and market conditions, there was a loss on inv
Read moreSmall caps round-up: Earthport, Chariot Oil & Gas, Collins Stewart
12th Jun 2009 12:07
Global payments utility Earthport notes the recent movement in the its share price and said that it had considered for some time that the current share price range considerably undervalues the prospects of the business. "Earthport confirms it is not in any discussions which may lead to an offer be
Read moreChariot Oil exits Peruvian licences
27th May 2009 16:22
The decision by partner Jindal Steel and Power to withdraw from Peruvian exploration licence applications has forced Chariot Oil & Gas to follow. Chariot said it too would exit the licences, secured as part of last September's bidding round, rather than fund 100% of the exploration programme itself
Read moreChariot soars on Petrobras farm-out deal
19th May 2009 10:58
Chariot Oil & Gas hit a three-month high on news it's agreed to farm-out half its interest in exploration block 2714A, offshore southern Namibia, to Petrobras Oil and Gas. The oil and gas explorer will get $16.04m (£10.38m) in cash and reimbursement of the recently acquired 3D seismic programme in
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