15th Jan 2012 17:03
Aon is to become the first US S&P 500 company to become domiciled in the UK after the insurance broker unveiled plans to shift its headquarters from Chicago to London. The move by Aon, which employs 59,000 people globally and has a market capitalization of $15bn gives a boost to London´s status as a
Read more13th Jan 2012 10:04
Falkland Oil and Gas (FOGL), one of the firms hoping to discover substantial oil resources around the Falkland Islands, saw its share price sink after placing shares at a steep discount. The company has raised £48.5m through the placing of 112.8m shares at 43p per share, more than 7p below the mid-
Read more6th Jan 2012 11:17
Analysts at Credit Suisse have this morning initiated coverage on Falklands focused oil exploration group Rockhopper at 'outperform'. Their valuation model for the company gives a 'risked' net asset value for the firm´s shares, under a successful 'farm out' agreement for its Sea Lion oil field, of
Read more6th Jan 2012 10:21
Analysts at Credit Suisse have this morning initiated coverage on Falklands focused oil exploration group Rockhopper Exploration at 'outperform'. Their valuation model for the company gives a 'risked' net asset value for the firm´s shares, under a successful 'farm out' agreement for its Sea Lion oi
Read more13th Dec 2011 09:54
Amec: Citi upgrades to buy from sell. Royal Dutch Shell: Citi downgrades to neutral from buy. Petrofac: Investec reiterates buy, 1,705p target under review. Petrofac: Evolution Securities reiterates add and 1,700p target. Whitbread: Evolution Securities keeps buy rating and 1,800p target. Whitb
Read more13th Dec 2011 09:42
Rockhopper Exploration, the company which found oil off the north coast of the Falkland Islands, has seen its shares soar 9.3% this morning following the announcement of a successful well dig. Results from the "14/15-4" well suggest that the amount of oil and gas under the cold South Atlantic seas
Read more8th Dec 2011 08:00
Rockhopper Oil, the Falkland Islands focused exploration company, has said it is just one well away from completing its "very successful" appraisal of the Sea Lion field. At the end of the six months ended 30 September, the firm had $131m in financial resources available, which has since increase
Read more2nd Dec 2011 13:02
Rockhopper Exploration is, perhaps, the most intriguing stock on the AIM exchange. Taken in isolation this oil exploration company, with a market capitalisation of £745m, is interesting in its own right. Rockhopper cannot, however, be taken in isolation because its interests in the seas off the Fal
Read more1st Dec 2011 17:04
Rockhopper Exploration is, perhaps, the most intriguing stock on the AIM exchange. Taken in isolation this oil exploration company, with a market capitalisation of £745m, is interesting in its own right. Rockhopper cannot, however, be taken in isolation because its interests in the seas off the Fal
Read more28th Nov 2011 14:23
Rockhopper Oil, the Falkland Islands focused exploration company, is drilling the final well of its current campaign. The news that the well was spudded at 8.15am this morning saw Rockhopper's share price rise 1%. Rockhopper is being carefully monitored by investors following its discovery in May
Read more21st Nov 2011 12:09
Centrica: "Centrica has today announced major moves in the gas market. We believe that these are good moves that will underpin Centrica's position on both the Upstream and Downstream side" [Investec]. Phoenix Group: "Any takeover of Phoenix would also represent the hope that more cash could be sque
Read more21st Nov 2011 10:43
Oil explorer Rockhopper Exploration says it has completed drilling a sidetrack well at its 14/10-9z site in the North Falkland's basin. The well was drilled to a total depth of 2,600 metres, with a total 60 metres of core cut through the Casper and Sea Lion prospects. Brendan Long, an investment a
Read more21st Nov 2011 08:23
RBS: Banco Espirito Santo lowers to neutral, cuts target to 22p from 51p. Centrica: Investec puts target price under review, buy rating unchanged. Capita: Credit Suisse cuts target from 780p to 770p, outperform rating kept. Capital Shopping Centres: Seymour Pierce maintains reduce stance and 324
Read more9th Nov 2011 09:58
Admiral: Nomura puts buy rating and 1,900p target under review Admiral: Investec keeps sell rating and 843p target. HSBC: Evolutions Securities keeps sell rating and 650p target. British American Tobacco: Alpha Value downgrades to reduce from add. Regus: Credit Suisse upgrades from neutral to o
Read more19th Oct 2011 07:38
Falklands oil exploration group Rockhopper Exploration has confirmed that it experienced a loss of power on its Ocean Guardian drilling rig on 16 October. The power loss occured whilst the rig was preparing to move to its next well location and as a result all non-essential personnel were down-mann
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