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.
Hurricane told investors that the new funds would secure the timeline for the development of an early production system at Lancaster and would pay for the drilling of two more wells.
Dechra are to release a trading update and hold its AGM on Friday.
Zak Mir says it is a tough call but he reckons Hurricane can keep rising, even after a 300% share price rally in the year to date.
Higher or lower? What's next for Ithaca Energy shares?
The company gets £2.5mln from the exercise of warrants held by an institutional investor.
Talks continue over how Tethys will use of some of the funds raised through the Oilsol arrangements.
“We are confident of a positive outcome on the negotiations in Mexico and will keep the market informed of our progress," said chief executive Matthew Idiens.
Exxon has confirmed drilling will start in Liberia next month.
Both Barclays and Liberum agree that the deal is a positive, but the outlook is very different.
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.