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Energy

Providence Resources audit validates Barryroe’s enormous potential

“We’ve always believed in the enormous potential of this project. I think the market wanted to see a validation, and now they have that in the CPR," chief executive said Tony O’Reilly said in an interview with Proactive Investors....

on 5/4/13
Energy

Antrim Energy: North Sea producer with plenty of blue sky

Antrim Energy offers something for everyone interested in the oil sector. It has steady, cash generative production, a well thought out plan to lift North Sea output, and blue-sky projects in two of the world’s hydrocarbon hotspots – Ireland’s Atlantic margin and Tanzania....

on 17/1/13
Energy

Rockhopper Exploration points to capital gains tax on Premier deal

  Falkland Islands oil exploration group Rockhopper (LON:RKH) said it incurred US$14mln of transaction costs related to its US$1bn farm out of the Sea Lion prospect to Premier Oil (LON:PMO). However, it is unable at this stage to reveal the capital gains tax liability associated with the deal.  ...

on 14/12/12
Energy

Desire Petroleum sees ‘excellent’ remaining potential in Falklands

Desire's prospect inventory has been reinforced with the explorer now having 41 oil prospects and four gas prospects....

on 23/11/12
Energy

Rockhopper Exploration shares offer deep value - Panmure

Shares in the Falkland oil firm have been excessively discounted, analyst Leila Reddy said in a note, which re-initiated coverage with a ‘buy’ and a 225p target....

on 20/11/12
Energy

North Sea oil licensing awards revealed by DECC

This morning the DECC confirmed potential licence awards from the initial tranche of offers for 167 licences, and said it was a ‘very good’ result....

on 25/10/12