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Energy

Oil & Gas drillers still offer opportunity if investors box clever

Here, we look at a number of London listed oilers that still have plenty of catalysts ahead, regardless of crude price fluctuations....

on 6/4/15
Energy

Falkland Oil - Swings and (magic) roundabouts as investors react to Zebedee discovery

Zebedee, as a potential bolt-on field, promises a significant increase in resources for the planned Sea Lion development and it could add new impetus for the nascent oil industry isolated waters in the South Atlantic....

on 2/4/15
Energy

Falkland explorers discover oil and gas in Zebedee, the first well of new campaign

The new Falklands oil drilling campaign has got off to a flyer as the Zebedee exploration well has discovered oil and gas, and the results are better than expected....

on 2/4/15
Energy

UPDATE- North Sea oil firms rally as Osborne throws tax lifeline

The winners included Xcite Energy, Parkmead and TrapOil, which gained 5%, 4.5% and 12% respectively. Crude oil's latest daily decline, meanwhile, stymied any meaningful rally for larger producers....

on 18/3/15
Energy

Falkland oil drilling kicks off with Zebedee spudding

“This exciting exploration campaign exposes shareholders to a range of prospects and risks," said Rockhopper CEO Sam Moody....

on 6/3/15
Energy

Tullow Oil stuns the market with US$2.3bn write-off as rock bottom oil prices make their mark

Explorer Tullow Oil has written off US$2.3bn from the value of exploration work and some of its assets, with part of this massive impairment charge the result of lower commodity prices....

on 15/1/15
Energy

Premier Oil set for US$300mln hit from crude price crisis

Premier Oil will take a US$300mln hit in its 2014 accounts as a result of low oil prices, it has also postponed discretionary spending and begun a broad cost-cutting programme....

on 14/1/15
Energy

New Sea Lion agreement good for Rockhopper, says broker

Greater certainty over Sea Lion timing and financial commitments will enable management to re-focus on growth opportunities including those outside the Falklands....

on 21/11/14
Energy

Ophir’s diversification tilts East with Salamander offer and Indonesia deal

Ophir is looking east with a potential £275mln offer for Salamander and a separate US$31mln entry to Indonesia.  ...

on 27/10/14
Energy

Falkland oil drillers seal rig deal for new exploration campaign

A cohort of oil and gas firms has hired a semi-submersible for an exploration campaign, which starts early next year and could see the drilling of as many as 22 new wells....

on 4/6/14
Energy

Takeover fever spreads to junior oil sector

Analysts suggest the much-awaited and predicted consolidation among the junior oil sector has begun....

on 5/5/14