Rockhopper and Falkland rally on oil discovery
11th Jan 2016 10:04
(ShareCast News) - Oil and gas exploration and production companies Rockhopper Exploration, Falkland Oil and Gas, and Premier Oil issued statements on Monday confirming the discovery of oil at the Isobel deep well, which is on the edge of neighbouring oilfield Elaine in Falkland Islands waters. Rock
Read moreFalkland Oil fails to find commercial hydrocarbons at Humpback well
29th Oct 2015 10:00
(ShareCast News) - Shares in Falkland Oil & Gas fell sharply after the company said it failed to find any commercial hydrocarbons at its Humpback exploration well. The company said the well encountered non-commercial quantities of oil and gas within a number of sandstone intervals. In addition, it
Read moreFalkland's Humpback project finds oil and gas but remains behind schedule
16th Oct 2015 08:18
(ShareCast News) - Exploring group Falkland Oil and Gas said the Humpback exploration well has found oil and gas shows, while wireline logging indicate there are hydrocarbon bearing sandstones within the main target area. The group said it had decided to drill deeper at the well, located offshore th
Read moreFalkland Oil and Gas to drill new well
25th Sep 2015 09:17
(ShareCast News) - Falkland Oil and Gas has struck an agreement with Premier Oil and Rockhopper Exploration to drill a further well on the Isobel/Elaine complex. The new well, announced in a trading update on Friday, will target the Isobel Deep reservoir which was oil bearing when discovered in Apri
Read moreTuesday newspaper tips: Chemring, Falkland Oil&Gas
15th Sep 2015 18:36
(ShareCast News) - Ordnance and defence electronics manufacturer Chemring is successfully weaning itself off its reliance on Western defence budgets after being hit by the drawdown of forces in Iraq and then Afghanistan - together with a few production problems along the way. The result is a record
Read moreFalkland Oil widens loss as humpback delay revealed
25th Aug 2015 16:04
(ShareCast News) - Falkland Oil and Gas posted a bigger loss in the first six months of the year and said it incurred delays at its humpback exploration well in the Falklands basin. The AIM-listed company whose portfolio spans the north, south and east Falkland basins does not yet produce revenues.
Read moreArgentine judge orders seizure of assets of companies operating in the Falklands
28th Jun 2015 10:13
A judge in Argentina has ordered the seizure of the assets of five oil companies operating in the Falklands Islands, including those owned by Premier Oil, Falkland Oil and Gas and Rockhopper Exploration. The order, which was made by Tierra del Fuego judge Lilian Herraez, also named Noble Energy and
Read moreFalkland Oil and Gas begins drilling on Humpback well
15th Jun 2015 14:17
Falkland Oil and Gas has begun drilling on the Humpback exploration well located on licence PL012, in which the firm has a 52.5% working interest. Humpback is located within a cluster of similar prospects, which have a total combined prospective resource of more than 1bn barrels of oil. The well is
Read morePremier, Rockhopper and Falkland gain on Isobel Deep oil discovery
28th May 2015 07:46
Shares in Premier Oil, Rockhopper Exploration and Falkland Oil & Gas gained on Thursday after the companies announced an oil discovery at the Isobel Deep exploration well in the North Falkland Basin, approximately 30km south of the Sea Lion field. Falkland Oil & Gas and Rockhopper are partners in th
Read moreTuesday tips round-up: Aviva, Falkland Oil and Gas
14th Apr 2015 17:33
The Tempus column in The Times has labelled new-look Aviva as a 'buy' following the insurer's now-completed takeover of Friends Life, saying that the enlarged group is one of the most high-yielding stocks in the life insurance sector. After each one of the past three chief executive officers at Aviv
Read morePremier Oil, Falkland Oil and Rockhopper find oil and gas in Falklands project
2nd Apr 2015 09:31
Oil and gas explorer Premier Oil said it has discovered oil and gas at the Zebedee well in the Falklands Islands. The FTSE 250 group, which owns 36% of the well, said it discovered 81 feet of net-oil net reservoir and 55 feet of net gas-bearing reservoir from the Zebedee well, in which Falkland Oil
Read moreWednesday broker round-up
11th Mar 2015 11:50
Ashtead: Credit Suisse lifts target to 1,300p from 1,220p and reiterates outperform. Cairn Energy: Jefferies lowers target to 172p from 220p and downgrades to hold. RBC downgrades to neutral. Inchcape: Exane BNP reiterates outperform, raises target to 920p from 850p. BG Group: Credit Suisse lowers
Read moreWednesday tips round-up: Falkland Oil&Gas, Redrow
3rd Sep 2014 12:42
Oil exploration is a speculative affair but in the South Atlantic it can be particularly expensive, even when successful given the dearth of local infrastructure and the logistical costs involved. Nevertheless, analysts at Peel Hunt believe Falkland Oil&Gas's upcoming exploration programme could be
Read moreSoco International Chairman adds 50,000 shares
13th Dec 2013 15:43
Soco International's Non-Executive Chairman, Rui de Sousa, has acquired 50,000 shares in the international oil and gas exploration and production company. The shares were purchased at 384.97p each for a total spend of £192,485. In its interim management statement last month the group said it was
Read moreSports Direct's Ashley sells 16m shares, YouGov founder trades in 3.35m
24th Oct 2013 16:03
Sports Direct's founder Mike Ashley has sold 16m shares in the retailer, representing a 2.7 per cent holding and netting the billionaire owner of Newcastle United 106m pounds. An announcement to the stock exchange revealed Ashley had sold the shares at a price of 662.5p, marking a 7.5% discount to
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