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Recent Sector News
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OPG Power Ventures enjoys profits surge
Revenue and profits surged last year at OPG Power Ventures, and the company says market conditions have improved since then.
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Leni Gas & Oil to explore deeper in Trinidad
Together the new partners have more than 7,200 acres of petroleum leases hosting ‘shallow’ fields that are currently in production. They will now explore deeper, below 7,000 feet, to assess sandstone play - known as Herrera.
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Petroceltic shares ‘significantly undervalued’ ahead of Kurdistan drilling
The Shakrok prospect could potentially contain a hefty 650mln barrels of oil and, with a 20% stake in the exploration venture, a success would be very significant for Petroceltic.
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Tethys Petroleum confirms Tajik tie up with Total and China
Total and CNPC each now own a third stake in the Bokhtar venture, in Tajikistan, and the partners will pay for the bulk of next year's work programme.
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W Resources buoyed by resource upgrade at La Parilla
Shares edge close to new high after 30% upgrade to inferred resource and identification of potential high grade zones.
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Tethys shares soar as excitement grows over Tajikistan tie up with Total and China
The proposed partnership was first agreed in December and at the time Tethys described it as a ‘tremendous deal’ which validates the asset’s world class potential.
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