Aberdeen non-exec shows support after disappointing update
27th Jan 2014 16:30
A Non-Executive Director of Aberdeen Asset Management last week bought a stake in the FTSE 100-listed group worth 60,000 pounds, it was announced on Monday. Richard Mully, who has sat on the board since April 2012, acquired 15,000 shares at 400p a go. The purchase came just a week after the grou
Read moreEuropa Oil & Gas says UK oilfield may hold shale gas
13th Jan 2014 16:39
Europa Oil & Gas has won extra time for an oil exploration project in the UK's East Midlands that could hold shale gas. Europa, which has operations off the coast of Ireland and onshore activities in France and the UK, said Britain's Department of Energy & Climate Change had extended its phase one
Read moreTuesday broker round-up UPDATE
17th Dec 2013 08:14
Advanced Medical Solutions: Panmure Gordon downgrades from buy to hold with a target price of 102p. Antofagasta: Canaccord Genuity cuts target price from 1110p to 1035p, while staying with its buy recommendation. ASOS: Panmure Gordon increases target price from 5950p to 6126p, while downgrading fr
Read moreThursday broker round-up UPDATE
24th Oct 2013 09:25
Aquarius Platinum: Investec lowers target price from 48p to 42p and downgrades from hold to sell. ASOS: Citi increases target price from 5800p to 7000p reiterating its buy recommendation. BHP Billiton: Jefferies raises target price from 2350p to 2400p and keeps a buy recommendation. Clinigen: Inv
Read moreEuropa Oil & Gas impresses after 'excellent' year
11th Oct 2013 16:32
AIM-listed oil and gas firm Europa Oil & Gas saw shares jump on Friday after the firm swung to an annual profit despite bottom-line growth being held back by one-offs. Europa achieved "significant milestones" at two of its most highly prospective projects during the year ended July 31st, according
Read moreEuropa Oil & Gas swings into profit in first half
26th Apr 2013 14:00
Europa Oil and Gas swung into a pre-tax profit of 0.2m pounds for the six months to the end of January compared to a loss of 5.6m pounds the previous year. Cash generated from operations rose 25% to £1.0m in the first half from £0.8m the year earlier. More than 2.0bn barrels of oil were identifie
Read moreEuropa Oil and Gas signs farm-in deal with Kosmos Energy
18th Apr 2013 10:47
Europa Oil & Gas has announced a farm-in agreement with a subsidiary of independent exploration and production company Kosmos Energy for two of its licencing options in the South Porcupine Basin offshore Ireland. Under the agreement Kosmos will acquire an 85% interest and be appointed operator of
Read moreThursday broker round-up UPDATE
18th Apr 2013 07:16
African Barrick Gold: Investec reduces target price from 315p to 286p keeping a hold recommendation. BHP Billiton: JP Morgan cuts target price from 2380p to 2330p, while leaving its neutral rating unchanged. Deutsche Bank lowers target price from 2350p to 2334p keeping a buy recommendation. Big Ye
Read moreEuropa Oil & Gas commences seismic acquisition at PEDL 181 licence
19th Mar 2013 08:48
AIM-listed Europa Oil & Gas has commenced 2D seismic acquisition on the PEDL 181 licence in East Lincolnshire, an operational update from the company has shown. The group reported that several prospects or leads had been confirmed on PEDL 181 following technical evaluation. It said that four leads
Read moreWednesday broker round-up UPDATE
20th Feb 2013 07:04
Amara Mining: Goldman Sachs moves target price from 90p to 55p downgrading to neutral. Aureus Mining: Goldman Sachs revises target price from 65p to 55p retaining a neutral rating. Avocet Mining: Goldman Sachs cuts target price from 55p to 30p and upgrades from sell to neutral. AZ Electronic Mate
Read moreFirst half revenue down 8.0 per cent at Europa Oil and Gas
19th Feb 2013 09:31
Revenue for the first half of the fiscal year 2013 was down 8.0 per cent at AIM-listed Europa Oil & Gas, financial results from the company have shown. The company reported that revenue fell to £2.2m compared to £2.4m in the first half of 2011 for three onshore producing UK assets. The average vo
Read moreEuropa Oil & Gas shares soar on positive results from Kiernan prospect
16th Jan 2013 11:12
Europa Oil & Gas advanced Wednesday after its Kiernan prospect off Ireland's west revealed positive results. The group climbed 7.78% on the announcement that Kieran was found to potentially contain 1.6bn barrels of oil. Kiernan was said to comprise of stratigraphic, or stacked, traps in three res
Read moreFriday broker round-up UPDATE
14th Dec 2012 08:09
Anglo American: UBS reduces target price from 2150p to 1860p and downgrades to neutral. JP Morgan reiterates underweight. BG Group: Barclays reduces target price from 1490p to 1450p, while reiterating an overweight rating. BP: Barclays cuts target price from 500p to 480p and keeps an underweight r
Read moreResources round-up: Firestone Diamonds, Edge Resources, Ormonde Mining
16th Oct 2012 15:00
Firestone Diamonds jumped 12.9% after the firm reported it had discovered very rare 'type 2' diamonds at its Liqhobong mine in Lesotho. Type 2A diamonds - of which the company found 28 - make up less than 2% of all diamonds and are considered the purest of all diamonds. One of the diamonds found -
Read moreEuropa rockets on Atlantic discovery
19th Sep 2012 08:28
Europa Oil and Gas says it has found two sizeable prospects in it licence area in the Irish Atlantic Margin. The fact oil has already been found at the Burren discovery close to the company's prospects is also good news for Europa, further increasing the chance that it too could strike black gold.
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