Sterling Energy considering sale, placing

10th Aug 2009 14:37

Oil & gas exploration and production firm Sterling Energy said it is considering a number of options to secure its financing position, which includes the sale of the company or undertaking a "sizable" placing of new equity. The group noted the recent rise in its share price and said within the cont

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Small caps round-up: Microcap, Bowleven, Pentagon Protection

1st Jun 2009 13:23

Shares in Microcap Equities fell back after the investment firm said that negotiations with potential investors in the firm may not succeed and, if successful, would likely be made at a significant discount to the current share price. Oil explorer BowLeven reports that an independent survey by TRAC

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