Investments and investor services
Miners and oilers prop up FTSE 100 Index
The top flight index was four points adrift at just over 6890
Company
Pantheon Resources PLC
LON:PANR
Pantheon Resources is an independent oil and gas company, headquartered in Houston, focused on developing the Kodiak and Ahpun fields, a portfolio of high-impact oil projects on the Alaska North Slope (ANS), spanning a 100% working interest across 258,000 acres. Independently certified best estimate contingent recoverable resources currently total c. 1.6 billion barrels of ANS crude and 6.6 Tcf of associated natural gas across the company’s properties. All acreage is on state lands with supporting regulatory authorities and no federal land use approval required (aside from Army Corps. Of Engineers).
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Risers and fallers, including Falanx, Golden Saint Resources and Pan African
Some significant share movers in early deals on Tuesday
Risers & Fallers: Aminex, Asa Resource, Advanced Onco, Barratt Devs, IndigoVision, NTOG
It has been a good day for the house builders ahead of a trading update next week from Barratt Developments
Small US oilers join forces as funding issues weigh
Merger and acquisition deals this year have surged as oil prices have revived to US$50 a barrel
FTSE 100 and AIM under pressure on China, Brexit fears
The top flight dropped 65 points to 6,165 and in small-cap land the FTSE AIM 100 eased 0.5% to 3,470.
Investments and investor services
FTSE 100 Index falls as poll shows switch to Leave
The top flight dropped 39.92 points to 6190.87 after an ICM phone poll showed Leave taking the lead
Investments and investor services
Proactive news highlights: Condor Gold, Petroceltic, Providence, Mobile Streams and more
Windar Photonics, StatPro and African Potash also had news out on Friday
Pantheon Resources expects commercial production in Q1
The first of Pantheon’s two new discoveries is expected to be online by the end of the quarter, while the second needs extra testing because of a blockage.
Risers & Fallers: Jimmy Choo, Cineworld, Hays, Michael Page, Morrisons, Vedanta Resources
UK Mail seems to have ironed out the wrinkles at its hub near Coventry.
Pantheon upbeat despite Texas blockage delays
VOS#1 in Tyler County, Texas, had the potential to be “an exceptional well”, the firm said.
AIM shows the Footsie a clean pair of heels in 2015
Read it and weep blue-chip backers: the AIM 100 trounced the FTSE 100 in 2015, and sported some sensational performances.
Archive
FTSE100 ends 2015 on whimper
FTSE100, the UK's premier share index, closed out the year around 25 points lower in a curtailed trading day...
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”.
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.
Pantheon Resources enjoying life deep in the heart of Texas
Pantheon and its partners won’t know exactly what they have on their hands until VOS#1 is flow tested. It will be completed as a vertical well using a lower-cost workover rig.