Small caps round-up: Oilex, Bellzone, Bond Int'l...
6th Sep 2010 16:20
Shares in Oilex almost tripled on Monday after the oil and gas explorer announced a "significant" upgrade to its gas for the Cambay field in Gujarat, India. Following a nine-month drill programme of studies, it now believes the field holds 248bn cubic feet (BCF) of gas and 11m barrels (MMbbls) of c
Read moreOilex Nearing Cambay Field Study Completion
27th Jul 2010 09:33
LONDON (Dow Jones)--Oilex Ltd (OEX.LN) said Tuesday it is nearing completion of the initial phase of extensive studies on the properties of the Eocene low permeability ("tight") reservoirs in Cambay Field, Onshore Gujarat, India. MAIN FACTS: -Previously Oilex had identified the potential of
Read moreOilex Positive Results On WA3-88-P 3D Seismic Interpretation
24th Jun 2010 07:39
LONDON (Dow Jones)--Oilex Ltd (OEX.LN), an oil and gas company, Thursday advises that it has completed the interpretation of the Rose 3D seismic data in permit WA-388-P located outboard of the North West Shelf Project and on trend with Pluto, Wheatstone, and Gorgon fields, offshore Western Australia
Read moreOilex: Onshore Block 56 JV To Relinquish Contract
15th Jun 2010 10:30
LONDON (Dow Jones)--Oilex Ltd (OEX.AU), said Tuesday that the Joint Venture covering onshore Block 56 in Oman has given notice of its intention to relinquish the entire Block 56 Contract Area following discussions with the Oman Ministry of Oil and Gas. MAIN FACTS: -The decision to relinquish
Read moreSmall caps round-up: All Leisure, Archial, Straight...
25th Jan 2010 09:59
Cruise operator All Leisure Group pointed to the recession, currency movements and fuel costs as it posted a fall in pre-tax profits in the year to October 2009 to £2.6m from £9.1m the previous year as revenues climbed to £73.6m from £67.5m. Shares in Archial jumped after the UK and Asia-focused ar
Read moreSmall caps round-up: Styles & Wood, Hydrogen, Travelzest...
14th Jan 2010 09:53
Shopfitter Styles & Wood has been kept busy by projects for retailers such as the grocers Waitrose and Morrisons and the banks Barclays and Lloyds TSB and expects profits for the year to December 31 to be in line with expectations. Specialist recruitment group Hydrogen said it is well positioned f
Read moreOilex making progress on sidetrack well
7th Jan 2010 08:30
Oil and gas exploration and production company Oilex is making progress with its troublesome Lolotoe-1 well in the Timor Sea. On Monday, 4 January, it reported delays had been experienced with the running of the 9.625” casing above the primary objective Elang/plover Formation sandstones, and was dr
Read moreSmall caps round-up: Billing Services, Eros, Sterling Energy ...
4th Jan 2010 15:39
Billing Services, which provides payment and financial risk management services to the telecommunications industry, has paid down $2.8m of its senior debt, reducing its senior debt level to $80.1m. AIM-listed Indian media and entertainment company Eros International has announced plans to raise in
Read moreSmall caps round-up: Landore Resources, TXO, Aortech...
3rd Dec 2009 08:49
Shares in Landore Resources jumped after the Canadian miner said it made a 'significant gold discovery' in its Junior Lake property in the province of Ontario. Shares in Texas-focused oil and gas firm TXO slumped after it said oil production in the six months to September 30 fell to 13,221 barrels
Read moreSmall caps round-up: Cobra Bio-Manufacturing, Cadogan, Oilex...
11th Nov 2009 09:28
Cobra Bio-Manufacturing is is discussions which may or may not lead to an offer being made for the company. In a standard statement, Cobra said the talks still remain at a preliminary stage. Cadogan Petroleum continues to reduce expenditure whilst re-evaluating its oil and gas assets in Ukraine. Ca
Read moreSmall caps round-up: Forum Energy, Ithaca Energy, Group NBT..
22nd Jul 2009 09:37
A reduction in admin costs helped Philippines-focused oil and gas group Forum Energy post a smaller pre-tax loss in the six months to June 30, despite falling revenues. Pre-tax losses totalled $1.2m, compared with $1.7bn over the same period the previous year, as revenues slipped to £203,000 from £
Read moreOil explorers round-up: Island Oil, Pantheon Resoruces, Oilex
5th Jun 2009 16:51
Island Oil and Gas has entered into early stage discussions with financial and oil and gas institutions regarding a sale of a stake in its Old Head of Kinsale and Schull gas field developments. Oil and gas exploration company Pantheon Resources has run into 'blockages and delays' in the testing of
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