Longboat Energy inks farm-down deals with Concedo

8th Dec 2023 14:00

(Sharecast News) - Norway and Malaysia-focused exploration and production company Longboat Energy announced a significant development through its subsidiary Longboat Japex on the Norwegian Continental Shelf (NCS) on Friday.

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Longboat Energy upbeat on drilling at OMV licence

23rd Sep 2022 13:22

(Sharecast News) - Emerging explorer and producer Longboat Energy announced the encounter of hydrocarbons in the OMV-operated exploration well 30/5-4S on Friday, where it has a 20% interest.

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DNO ups offer for Faroe Petroleum to 160p per share

9th Jan 2019 08:20

(Sharecast News) - Norwegian oil producer DNO has acquired a further 32.25m shares in AIM-listed producer Faroe Petroleum after it upped its cash offer for the group to 160p per share after the close on Tuesday.

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DNO extends 152p a share offer for Faroe Petroleum

3rd Jan 2019 10:06

(Sharecast News) - Norwegian oil producer DNO has extended its 152p a share takeover offer for Faroe Petroleum by two weeks to 18 January.

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Faroe Petroleum holds firm as DNO urges shareholders to accept offer

27th Dec 2018 15:09

(Sharecast News) - Norwegian oil producer DNO has encouraged the shareholders of Faroe Petroleum to accept its 152p a share offer by 2nd January.

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Faroe Petroleum rebuffs DNO offer again, urges shareholders to reject it

20th Dec 2018 11:13

(Sharecast News) - Faroe Petroleum once again rejected an offer from Norwegian oil producer DNO on Thursday, dismissing it as "opportunistic" and urging its shareholders to do nothing.

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Norway's DNO confirms 152p a share takeover bid for Faroe Petroleum

12th Dec 2018 13:38

(Sharecast News) - DNO has confirmed its 152p per share cash offer for Faroe Petroleum.

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Faroe confirms commencement of Cassidy well

5th Dec 2018 15:17

(Sharecast News) - Independent oil and gas company Faroe Petroleum announced the commencement of the Cassidy exploration well 8/10-7 S in the Norwegian North Sea on Wednesday, where it has a 15% working interest.

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Tuesday broker round-up

27th Nov 2018 12:26

(Sharecast News) - Pets At Home Group: Liberum downgrades to hold with a target price of 120p.

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Monday broker round-up

26th Nov 2018 12:09

(Sharecast News) - Workspace group: Deutsche Bank downgrades to hold with a target price of 1,100p.

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Norway's DNO offers to buy Faroe Petroleum for £608m in cash

26th Nov 2018 07:52

(Sharecast News) - Norwegian oil and gas operator DNO has offered to buy London-listed Faroe Petroleum for 152p a share in cash, valuing the group at around £607.9m.

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Faroe confirms start of Brasse East exploration well

21st Nov 2018 14:33

(Sharecast News) - Independent oil and gas company Faroe Petroleum announced the start of the Faroe-operated Brasse East exploration well 31/7-3S in the Northern North Sea, where it has a 50% working interest, on Wednesday.

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Faroe spuds Rungne exploration well

19th Oct 2018 09:00

(Sharecast News) - Oil and gas outfit Faroe Petroleum has spudded its Rungne exploration well, a near field exploration target in the Norwegian North Sea.

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Monday broker round-up

24th Sep 2018 12:59

(Sharecast News) - Thomas Cook: Shore Capital Markets downgrades to hold.

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Tuesday broker round-up

28th Aug 2018 13:05

(Sharecast News) - John Laing Group: RBC Capital Markets downgrades to sector perform with a target price of 330p.

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