Seplat agrees cash acquisition with board of AIM-traded Eland
15th Oct 2019 11:01
(Sharecast News) - Seplat Petroleum Development Company announced on Tuesday that it has reached agreement with the AIM-traded Eland Oil & Gas on the terms of a recommended cash acquisition of the entire issued and to-be-issued ordinary share capital of Eland by Seplat.
Read morePeel Hunt picks 'doublers' for the next 2-3 years
18th Dec 2018 11:09
(Sharecast News) - Peel Hunt has named 29 companies it believes will double in value in the next two to three years, including JD Sports, GoCompare and CMC Markets.
Read moreEland anticipating 'record' output at Opuama as rig moves to new field
26th Oct 2018 09:49
(Sharecast News) - A new in-fill well at Eland Oil & Gas' OML 40 licence in Nigeria will lift output from the Opuama field to a new record, the company said on Friday.
Read moreEland anticipating 'record' output at Opuama as rig moves to new field
26th Oct 2018 09:49
(Sharecast News) - A new in-fill well at Eland Oil & Gas' OML 40 licence in Nigeria will lift output from the Opuama field to a new record, the company said on Friday.
Read moreFriday broker round-up
17th Aug 2018 14:22
(Sharecast News) - esure: Barclays upgrades to equal weight with a target price of 280p.
Read moreEland Oil & Gas close to beating 30,000 bopd target
16th Aug 2018 12:28
(Sharecast News) - Oil and gas production and development company Eland Oil & Gas on Thursday successfully completed its Opuama-10 well in Nigeria and will be handing over to the field production team imminently.
Read moreTuesday broker round-up
31st Jul 2018 13:26
(Sharecast News) - Abcam: Berenberg upgrades to buy with a target price of 1,640p.
Read moreImpressive results for Eland from Opuama-3 re-entry
25th Apr 2016 15:53
(ShareCast News) - Nigeria-focused oil and gas production and development company Eland Oil & Gas was celebrating some impressive test results from its joint venture OML 40 project on Monday, after re-entering the Opuama-3 well and completing the perforation of two new intervals. The AIM-traded comp
Read moreEland remains confident in Nigerian workover plan
16th Feb 2016 12:39
(ShareCast News) - Eland Oil & Gas was confident in its 2016 workover plan on Tuesday, updating the market on its operations at OML40 in the Opuama field, Nigeria. The AIM-traded production and development company said strong performance from the field continued through 2015, with production and upt
Read moreEland Oil & Gas halves losses after first oil sale in 2014
22nd May 2015 07:38
Eland Oil & Gas, the exploration and production group focused on West Africa, halved its annual losses in 2014 and gave a confident outlook despite a tough operating climate within the oil industry. The AIM-listed outfit, which has a particular focus on Niger Delta region of Nigeria, reported a cons
Read moreEland Oil & Gas buys 40% stake in Nigerian oil field
15th Aug 2014 15:25
Eland Oil & Gas has increased its presence in Nigeria after acquiring a 40% stake in the Ubima Field for $40m (£24m), the company announced on Friday. Once the authorities have ratified the deal, Eland will pay Allgrace, the company which currently owns the field, $7m as signature payment, with an
Read moreCEO and CFO of Eland Oil & Gas show faith in company's future
4th Jun 2014 16:03
The Chief Executive Officer (CEO) and Chief Financial Officer (CFO) of AIM-listed Eland Oil & Gas have purchased a total of 100,000 shares. The largest deal was made by CEO Leslie Blair, who bought 80,000 shares at 109.30p each for a total spend of £87,440. CFO George Maxwell spent a more modest
Read moreFriday broker round-up UPDATE
30th May 2014 09:14
ASOS: N+1 Singer reduces target price from 5300p to 4100p, while staying with its hold recommendation. Cairn Energy: JP Morgan cuts target price from 315p to 279p and maintains an overweight rating. Cobham: Canaccord Genuity increases target price from 285p to 320p and reiterates a hold recommenda
Read moreWednesday broker round-up UPDATE
19th Mar 2014 09:00
Afren: Canaccord Genuity lowers target price from 185p to 180p and stays with its buy recommendation. Antofagasta: Westhouse Securities reduces target price from 1060p to 985p staying with its buy recommendation. Credit Suisse downgrades from neutral to underperform with a target price of 750p. JP
Read moreThursday broker round-up UPDATE
6th Feb 2014 09:23
ARM Holdings: HSBC reduces target price from 1120p to 1080p and stays with its overweight rating. Avon Rubber: WH Ireland raises target price from 650p to 765p and stays with its buy recommendation. Balfour Beatty: Liberum Capital ups target price from 300p to 350p retaining its buy recommendation
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