Independent Oil & Gas signs rig contract with Transocean
Transocean’s John Shaw semi-submersible rig is now expected to spud the well in late January or early February.
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IOG PLC
LON:IOG
The Net Zero UK gas and infrastructure operator focused on high return projects.
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Proactive oil and gas news highlights - Horse Hill, Angus Energy and Rose Petroleum
On the week where Brent crude fell below US$40 a barrel, there was a few corporate smatterings and UK project Horse Hill was once again in the frame.
Investments and investor services
Proactive news highlights: Goldplat, Proxama, IOG. Galasys, CloudTag and more
Abzena, Keras and North River Resources also had news out on Friday
Independent Oil & Gas agrees additional loan with London Oil & Gas
It is borrowing an extra £800,000 from London Oil & Gas which a week ago agreed to fund the company for £2.75mln of a total £4.75mln debt financing.
Investments and investor services
FTSE 100 pares losses in afternoon session
A half-hearted rally failed to wipe out the morning's losses.
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Proactive news summary: ANGLE, Avation, Corero Network Security, European Metals, Forte Energy ...
Corero Network Security has passed a ‘significant milestone’ in its development by getting a tier-one ISP to take its SmartWall Threat Defense System
FTSE100 drops for the fourth straight day
The index had lost around 23 points by lunch to 6,103
Independent Oil & Gas inks well management contract for Skipper
The well is expected to spud in late January or early February, the company confirmed.
City broker “very impressed” with IOG funding deal
“We are very impressed by the capacity of IOG to raise further capital despite the current bearish oil market,” said analyst Marc Anis-Hanna.
Investments and investor services
Brokers: Mixed day for the retailers
Dixons Carphone and Dunelm were given the thumbs up, while Kingfisher and next were downgraded by broker Nomura
Investments and investor services
Markets: Oil stocks push FTSE100 lower
The FTSE100 ended the day almost 15 points lower to 6,223.
Investments and investor services
Proactive news highlights: IOG, Motif Bio, allergy Therapeutics, ReNeuron, Immupharma and more
Sunrise Resources, Optibiotix Health and ITM Power also had news out
IOG secures funding for 2016 and Skipper appraisal
Christmas has come early for Independent Oil & Gas as it has finally landed crucial funding for the appraisal of the Skipper field.
Markets: InternetQ hits back at online blog post
The FTSE100 was around 30 points higher at 6,267 with aerospace engine maker Rolls Royce leading the way.
Investments and investor services
Risers & Fallers: Immupharma, Kenmare, Pinnacle and more
Below are the main news-driven share price movements at 4pm.
Independent Oil & Gas secures finance for Skipper well
GE Oil & Gas and London Oil & Gas have agreed to lend £4.75mln in total