After graduating with first class honours in economics from Lancaster University in 2006, Jamie spent a number of years as a private client equity dealer gaining front-line experience in the investment industry during the most fast paced and volatile period in financial history. Having acquired an insight from both professional and individual investors, Jamie joined Proactive’s growing editorial team in 2009.
A mix of debt and equity funding could see Hurricane Energy retain all of the large Lancaster discovery, which is found in the West of Shetland region.
Cantor expect interest to return to both Providence Resources as well as offshore Ireland as a hydrocarbon province.
The oil company's share have picked up since the beginning of the year, and one analyst thinks they can push up past the £1 mark
It appears 1.5% of the 'rescued' company may not be enough to convince retail shareholders to accept a deal.
Pageant Holdings now has 6.69% of Providence Resources shares.
“Conditions remain extremely tough in the market for all exploration and production companies, including junior oil and gas companies," said chairman Ewen Ainsworth.
It was a strong first half in terms of production for Iofina, which remains North America's second largest iodine producer.
San Leon has succeeded in finding, funding and executing an exceptional deal for shareholders, says chief executive Oisin Fanning.
Associated British Food, Debenhams, Sports Direct, Burberry, and National Express are in Tuesday's broker spotlight.
Persimmon and Jersey Oil & Gas drew focus, but, otherwise it was a typically August morning in the City.
Parkmead, Drax Group, Ladbrokes, and AG Barr feature in Friday's Broker Spotlight.
UBS upgraded Cairn to ‘buy’ and a 220p price target suggests some 12% upside to Friday's higher share price of 196p.