Company
Parkmead Group
LON:PMG
The Parkmead Group is a specialist Investment Company. The Group's primary investment focus is in the Oil and Gas Exploration and Production sectors. The Parkmead Group invests in both E&P companies and licenses with a focus on the Middle East, Africa and Europe. The Parkmead Group is traded in the ISDX Exchange HERE
62 stories · page 1 of 4
Parkmead abandons Perth development in North Sea at £33mln cost
Problems arranging a floating platform and infrastructure hook-up had pushed up the costs
Parkmead eyes fast-track to production as rig mobilises for Netherlands wells
The explorer is expecting first results from the Dutch campaign by year's end
Parkmead increases stake in North Sea project as it advances exploration drill plans
“We are seeing renewed UK government interest in the North Sea, as it seeks to bolster energy security," said executive chairman Tom Cross
Parkmead Group ropes in Gneiss Energy to help find Greater Perth Area partner
'There is no need for further appraisal drilling at the project, and constituent fields have been flow tested up to 6,000 barrels of oil per day'
Parkmead gets Dutch gas boost as unhedged position pays off
Gas prices could remain elevated for the short to medium term, due to tight gas supplies in Europe, therefore it has chosen to remain 100% unhedged.
Archive
Ten Entertainment bowled over by unprecedented sales growth
A look at the major movers on the London market on Wednesday
The Parkmead Group swings to loss as revenue hit by record low gas prices
The company highlighted that gas prices had fallen from highs of around €25.7 per MWh in October 2018 to lows “not seen in over a decade” due to an oversupply of LNG in the European market as well as the impact of coronavirus
Parkmead turns its first annual profit in five years
Parkmead's executive chairman called it an “outstanding achievement” for the group, adding that the group plans to “build upon the inherent value in its existing interests with a balanced, acquisition-led, growth strategy”
If the North Sea is revitalised, what are the best options for investors?
A flurry of asset acquisitions, investments and new field start-ups are all signs that the North Sea "continues to be revitalised”.
Independent and small-cap oilers drive growth in the UK North Sea
The rise of these independent firms comes as the region has been progressively weaned off its dependency on multinational majors like BP and Shell
Parkmead posts 70% jump in full-year revenue, gross profit more than trebles
The AIM-listed, UK and Netherlands-focused firm saw its revenue increase to £7.0mln for the year ended 30 June 2018, up from £4.1mln a year earlier
Investments and investor services
Proactive Oil & Gas highlights: United, I3 Energy, Europa Oil & Gas, Echo, SDX Energy
It was another busy week for the market's oil and gas stocks.
AIM oilers add discoveries and new exploration projects in North Sea licensing round
The UK authorities has awarded 123 licences to 61 companies, and, several London listed companies are among the winners