Resource stocks head north as Ascent Resources PLC takes podium again
Small cap shares, notably resource stocks, along with Footsie were making ground at the open.
Company
88 Energy Ltd
LON:88E
88 Energy Ltd is a multi-listed oil and gas exploration and production company with a North American focus. The company has operator exploration and appraisal projects in onshore Alaska and non-operator exploration in onshore Namibia. It has been operating on the North Slope of Alaska since 2015, successfully drilling multiple exploration wells and acquiring extensive seismic data across a large acreage position.
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88 Energy Limited impressed by ‘super highway’ shale samples from Icewine well
Latest analysis has indicated that the permeability in the ‘super highway’ sections are some 20 times greater than 88 Energy’s pre-drill forecasts, which boosts “already excellent” results from the Icewine well.
Oil & Gas highlights - 88 Energy Ltd, Serica, IGas, Circle Oil, Northcote Energy
88 Energy was one of the week's top risers after it revealed further success of at the Icewine project.
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FTSE100 closes higher but junior market lags
FTSE100 managed to close in positive territory on Thursday but it was a different story for the junior market....
Stocks remain in doldrums as BoE stands pat
The Bank of England kept interest rates unchanged for the 84th month in a row.
88Energy Ltd soars again as it plans fracking phase in Alaska
“Icewine #1 cored a new kind of hybrid resource play that appears to have numerous similarities to reservoirs known as Low-Contrast Low-Resistivity (LCLR), or Low Contrast Pay (LCP)."
Risers & Fallers: Imagination Technologies PLC, Cello Group PLC, Wandisco PLC...
Major share price risers and fallers in London at 4pm
Archive
Small caps dip but FTSE100 drops 1.78%; Gulfsands big gainer
Small caps really didn't move much on a day which saw explosive action from the ECB and some fiery responses in the global market.
Blue chips dip after Draghi decision but AIM stays steady
The FTSE AIM 100 Index rose 3.04 points to 3272 by mid-afternoon
Risers and fallers: 88 Energy PLC, PPHE Hotels PLC, Origo Partners PLC...
Main share price risers and fallers in London at 16.15pm
FTSE AIM 100 up a shade as small oil stocks gain
A bounce in the price of crude helped along small oil stocks today, and junior resource shares were also in favour, but the main indices did not move much.
Friday's most followed - oil price, US non-farms and Amur Minerals
There's no doubt these are tough times for oil prices and associated firms as stockpiled barrels tower up and prices fall off a cliff.
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Proactive news summary: 88 Energy, Amara Mining, NetScientific and more...
Quartix ahead of expectations, Sound Energy knocks €0.5mln off the cost of its project in Italy and good news for 88 Energy.
Most followed - Crowdfunding, Murray, Amazon and Lord King
A flurry of items were picquing web interest, including topics ranging from crowdfunding and a new deal for e-commerce giant Amazon.
88 Energy buoyed by latest Project Icewine update
It has confirmed that Icewine 1 was completed on budget, for $16.1mln, and it achieved all of its primary objectives.