Investments and investor services
FTSE 100 consolidates gains despite Greek bailout setback
London's blue chips are higher despite some last minute wrangling in the set-to between Greece and its pay-masters, but the mid-cap index takes some lumps.
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
Risers and fallers: Elementis, Morrisons, Sainsbury's, Sage Group, Serco Group, Telecom Plus
Supermarkets are on the shopping list of many investors
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London shares edge higher on Greek deal hopes
Traders stay optimistic about deal between Athens and Brussels
UPDATE - 88 Energy in US$50mln funding deal with BoA
The explorer aims to start drilling the first Project Icewine well in the second half
Footsie's gains ebb away
The morning's gains ebbed away as negotiations between Greece and its creditors took a turn for the worse
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Ariana investors delighted with Turkish approval
Ariana shares advanced as much as 60% higher at one point this week as the long awaited project milestone was confirmed.
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Closeolgy in Alaska sparked 88 Energy share rally
“The results reported by Repsol and Armstrong are outstanding and well above expectation,” Wall said.
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FTSE100 plummets as HSBC agrees to pay record £27.8mln settlement
Britain's blue chips sank 91 points lower to finish firmly in the red on Thursday with banking titan HSBC in focus.
Investments and investor services
FTSE 100 nears three figure losses, profit warnings hit Scisys and Pressure Technologies
A pair of profit warnings meant IT contractor Scisys and high pressure product manufacturer Pressure Technologies were the biggest fallers on a disappointing day for equities.
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Thursday's most followed - Inmarsat, Fifa, Horse Hill, 88 Energy and Greece
Greece (what a surprise), Horse Hill, Inmarsat and the ongoing Fifa drama were popular themes in webworld. The deadline is almost upon Greece as it owes £220mln to the IMF tomorrow (Friday) but that doesn't appear to be bothering the newly
Investments and investor services
Risers & Fallers: Churchill Mining, IOG, Feedback, Herencia Resources, Distil, Evraz
Location, location, location goes the mantra in retail, and it could also apply to oil exploration, given that 88 Energy has been given a boost by a neighbour’s well results
Investments and investor services
FTSE 100 drops 90 points early
London’s blue-chip stocks took a pounding in early deals, after European Central Bank president Mario Draghi forecast faster euro-area inflation and said market volatility will continue.
88 Energy’s Alaska venture boosted by excellent nearby well results
Very large commercial discoveries have been made about 50 miles from 88 Energy's Project Icewine