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FTSE100 drops as miners weigh...again
The miners were again at the bottom of the index, as a lower oil price weighed on metal prices.
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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Investments and investor services
Proactive news highlights: Metal Tiger, IOG, Learning Tech, StatPro, Teathers Financial and more
Sula Iron & Gold, 88 Energy and Iofina also made headlines on Monday
South Africans lead FTSE 100 rebound
After heavy losses Friday, FTSE 100 added 48 to 6,001
88 Energy advance as Icewine well reaches “critical juncture”
Shares rose 15% in London, trading at 0.63p each, while trading in Australia was halted.
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Risers & Fallers: Karelian, IOG and Orogen Gold
Main share price risers and fallers in London at 4pm
Proactive weekly oil highlights including MX Oil, Range Resources, UKOG and more
88 Energy, Cairn Energy and Lekoil also had news out this week
Investments and investor services
FTSE 100 plunges after ECB skimps on the sweeties
According to Jasper Lawler at spread betting firm CMC Markets, “every metric of the ECB’s easing was less than expected by markets”.
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Proactive news summary: 88 energy, DiamondCorp, Defenx, Falcon Oil & Gas, Kibo, Midatech Pharma ...
Lots of news from the energy sector, but pride of place goes to 88 Energy.
Market: Lenders flat despite buy-to-let mortgage boost
London’s blue-chip stocks were relatively flat today,
88 Energy hits gas at its Icewine project
A full evaluation will be undertaken when the well reaches target depth.
Most followed: Fancy a pint? Oil or lager?
Companies featured: Royal Dutch Shell, BG Group. Anheuser Busch InBev, Greenwich Meantime, Jaguar Land Rover, 88 Energy, Purplebricks, Hunan Wanxiang
Investments and investor services
Risers & Fallers: 88 Energy, HSS Hire, Pantheon Resources, Univision and more
Below are the main news-driven share price movements at 4pm.
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Proactive weekly oil news summary - Falcon Oil & Gas and 88 Energy
A reasonably busy week on the small cap oil front....
Investments and investor services
Proactive news highlights: RexBionics, Stellar Diamonds, Galantas Gold, Amur Minerals and more...
ITM Power, 88 Energy and Rightster Group also had news out on Friday
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Risers & Fallers: Patisserie Holdings, Orogen Gold, Zoopla and more...
Below are the main news-driven share price movements at 3.30pm.
88 Energy eyes primary target as drilling resumes at Icewine
The well reached a depth of 8,773 feet before the delay
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Proactive news highlights: AFC Energy, Stellar Diamonds, Eckoh, PureCircle and Clinigen
Anglo Asian Mining, Kefi Minerals and Andes Energia also has news out today
88 Energy says Icewine-1 drilling remains on budget
88 Energy said operations at the Icewine-1 well in Alaska remain on budget despite being waylaid due to repairs needed to the rig. Costs during this period have been minimised and the majority are not being borne by the joint venture, the f
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Proactive Oil & Gas highlights - Bowleven, Aminex, Premier Oil, Tullow, Falcon, 88 Energy
Bowleven's deal to team up with Aminex and Solo Oil in Tanzania was a notable highlight