Horse Hill oil in place estimates almost trebled
19th Jul 2016 12:02
(ShareCast News) - The Horse Hill project in Surrey looks like providing a bonanza for the range of AIM-listed companies involved after a near trebling of oil in place estimates to 22.9m barrels per square mile. As announced in March, the final HH-1 test of the upper Portland pay zone flowed at a co
Read moreGatwick's Horse Hill oil well flows naturally
17th Feb 2016 07:55
(ShareCast News) - Oil has continued to flow naturally from a discovery well near Gatwick Airport owned by a consortium of oil exploration companies, with the first two tankers of crude sent for refining. Following the announcement of Monday's initial flow using water, UK Oil & Gas (UKOG) said opera
Read moreSweet crude flows from Gatwick Airport oilfield
16th Feb 2016 08:10
(ShareCast News) - First ever crude oil has flowed at encouraging levels from the Horse Hill discovery well being drilled in the Weald Basin near Gatwick Airport, as anti-fracking protests reconvened nearby. The AIM-listed companies with stakes in the PEDL137 onshore exploration licence, namely UK O
Read moreThursday newspaper round-up: Federal Reserve, Greece, Apple Watch
30th Apr 2015 07:08
"The economy's sharp first-quarter slowdown is giving Federal Reserve officials pause," writes the Wall Street Journal. At the Fed's policy meeting on Wednesday, the central bank's officials showed uncertainty about when the economy will rebound and clouded the outlook for the first rate hike. Greec
Read moreUKOG's Gatwick oil project on hold as company awaits regulatory approval
29th Apr 2015 10:05
UK Oil and Gas Investments (UKOG) has been stopped from drilling oil at Horse Hill, near Gatwick, The Telegraph reported late Tuesday. The project has been suspended since the company has not directly applied to the regulator, the Oil and Gas Authority (OGA), for permission to begin flow testing the
Read moreLondon midday: Stocks advance as M&A speculation boosts Burberry and IHG
9th Apr 2015 11:39
UK stocks advanced on Thursday despite some mixed economic data, as ongoing M&A speculation and easing concerns about Greece drove markets higher. London's FTSE 100 was up 0.76% at 6,989.91 by noon despite weakness in the heavyweight mining sector, as bid hopes boosted stocks such as Burberry and In
Read moreAIM explorers hail 'significant' oil discovery in Horse Hill, Southern England
9th Apr 2015 07:46
Small cap oil exploration firm UK Oil & Gas Investments (UKOG) has made a 'significant' oil discovery in the South of England, said to be the largest onshore find in the country for 30 years. Other companies with interests in the Horse Hill licences, which cover 55 square miles of the Weald Basin, i
Read moreEvocutis shares plunge as sale process is terminated
2nd Oct 2013 08:27
Evocutis, an AIM-listed company focused on evaluations of skincare products, said Wednesday that it was no longer in discussions with potential offers in relation to a merger or a sale. As such, it has terminated its formal sale process with immediate effect. The firm said that as a result of the
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