Small caps round-up: Gulfsands Petroleum, PureCircle, Petroceltic...
3rd Aug 2010 09:38
Bad weather held up drilling at Gulfsands Petroleum's Lambouka-1 well in Tunisia last week, stopping installation of the Blow Out Preventer (BOP) on the well head on the sea floor. The company, which is buying a 30% participating interest in the Kerkouane licence offshore Tunisia and the adjacent P
Read moreGulfsands Petroleum: Kerkouane Tunisia Casing Run, Cemented
27th Jul 2010 09:44
LONDON (Dow Jones)--Gulfsands Petroleum PLC (GPX.LN), an oil and gas production, exploration and development company with activities in Syria, Iraq, Tunisia, Italy and the U.S, Tuesday announces that ADX Energy Ltd (ADX.AU) the operator of the Kerkouane Exploration License offshore Tunisia said that
Read moreGulfsands Petroleum: Khurbet East, Yousefieh Fields Produce 20,000 B/D
26th Jul 2010 07:51
LONDON (Dow Jones)--Gulfsands Petroleum PLC (GPX.LN), an oil and gas production, exploration and development company with activities in Syria, Tunisia, Iraq, and the U.S., said Monday that at Block 26, Syria where Gulfsands holds a 50% interest and acts as operator, gross oil production from the Kh
Read moreGulfsands Petroleum Drilling Starts At Lambouka-1
12th Jul 2010 07:28
LONDON (Dow Jones)--Gulfsands Petroleum PLC (GPX.LN), an oil and gas production, exploration and development company with activities in Syria, Iraq, Tunisia, Italy and the U.S said Monday that ADX Energy Ltd (ADX.AU) the operator of the Kerkouane Exploration License offshore Tunisia (Kerkouane Licen
Read moreGulfsands Petroleum: ADX Mobilizing Atwood Rig To Lambouka-1 Well
17th Jun 2010 09:37
LONDON (Dow Jones)--Gulfsands Petroleum PLC (GPX.LN), an oil and gas production, exploration and development company with activities in Syria, Iraq, Tunisia, Italy and the U.S, said Thursday that ADX Energy Ltd (ADX) has advised of the commencement of mobilization of the Atwood "Southern Cross" semi
Read moreLondon close: Miners lead Footsie slide
4th May 2010 16:37
Footsie ended the day deep in the red after a poor start on Wall Street added to already heavy losses in London. The mining sector bore the brunt of the selling. BHP Billiton and Xstrata were initially among the worst fallers after they reacted angrily to the Australian government's plans to introd
Read moreLondon afternoon: Inmarsat bid spec a bright spot
4th May 2010 14:07
Footsie carried on falling over the lunch time session with sentiment taking a further knock from expectations of a lower start on Wall Street. BP is down heavily as the oil leak in the Gulf of Mexico shows no sign of abating. It has denied responsibility for the rig explosion that caused the prob
Read moreGulfsands bidders pull out
4th May 2010 13:01
Oil India Limited (OIL) and Indian Oil Corporation Limited (IOC) have ended their attempt to take over Gulfsands Petroleum. The Indian pair had a 315p a share bid proposal for the Syria-focused explorer turned down in March then again when it was repeated last week. A condition of the approach ha
Read moreSunday tips round-up: GlaxoSmithKline, Brooks Macdonald, Gulfsands Petroleum
2nd May 2010 11:07
GlaxoSmithKline's first-quarter results showed strategic progress in the group's mission to move away from "white pill/western markets" to emerging economies and consumer products. The results were ahead of market expectations and showed good progress in its strategic plan. Trading on a December 2
Read moreLondon close: Weak finish for FTSE 100
30th Apr 2010 16:42
A poor start in the US added to Footsie's woes, sending the leading share index deep into the red by the trade of closing going into the weekend. Mining stocks were a drag on the index with BHP Billiton and Rio Tinto lower ahead of the release over the week-end of the Australian government's review
Read moreLondon afternoon: Miners nervous ahead of Aussie tax review
30th Apr 2010 14:17
An attempt at a rally midway through the lunch time session had fizzled out before traders had finished digesting their midday repast, despite expectations of a firmer start on Wall Street. Mining stocks are proving a drag on the index with BHP Billiton and Rio Tinto lower ahead of the release ove
Read moreLondon midday: Footsie heads lower
30th Apr 2010 11:55
Footsie's morning has moved from lacklustre to disappointing, with the blue-chip index now firmly in the red. Banking giant Barclays is dragging the index lower, despite the group reporting a 47% increase in first quarter profits. Concern over the retail business has offset bumper profits from Barc
Read moreLondon open: Rig disaster weighs on BP
30th Apr 2010 08:56
London's top stocks have made only modest gains so far despite the big rise on Wall St overnight. BP and Barclays are weighing on the index. The oil spilling out of the damaged rig in the Gulf of Mexico is now starting to come ashore in Louisiana and the scale of disaster has sent BP shares lower a
Read moreGulfsands snubs unchanged bid approach
30th Apr 2010 08:09
Gulfsands Petroleum has again rejected the 315p a share bid proposal from Oil India Limited and Indian Oil Corporation, first made last month and reiterated again earlier this week. The Syria-focused explorer turned down the £381m approach and saw no reason why it should consider the latest unchang
Read moreThursday tips round-up: Smiths Group, ENRC, Bellway
25th Mar 2010 06:33
Forget all the fuss about what you can or can't see through an airport full-body scanner ? a clear picture was provided yesterday by a company that makes these devices, as Smiths Group released first-half results. Chief executive Philip Bowman's overhaul of Smiths through the creation of a series
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