Company
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
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The FTSE 100, London’s blue-chip ticker, closed firm on Wednesday, buoyed by solid jobs data in the wake of Britain’s decision to leave the European Union and a surge by miners on rising commodity prices
Hurricane find highlights potential for smaller North Sea oilers
Archive
A round up of oil sector news from the world of Proactive.
Investments and investor services
Parkmead, Drax Group, Ladbrokes, and AG Barr feature in Friday's Broker Spotlight.
The Polecat and Marten fields are approximately 20km east of the Buzzard field and close to Parkmead's large Perth-Dolphin-Lowlander (PDL) hub project in the Moray Firth.
Chilean miner is biggest riser of the session as it sells silver-zinc-lead project
Investments and investor services
The FTSE 100 opened with a slight dip then recovered 47 points to 6161
London listed North Sea oil producers Parkmead Group and Ithaca Energy rallied after the budget.
Also covered: Tyman, BHS, RapidCloud International
Cantor Fitzgerald believes oil prices will rise to US$75 a barrel in 2017
Investments and investor services
The FTSE 100 ended the day 8 points ahead at 6,338
Rumours suggest BAT is trying to raise finance to buy Imperial Tobacco
Investments and investor services
The Footsie was four points down at 6325 in morning trading
Diever West, which has tested at about 5,000 boepd, presents ‘a natural hedge’ against low oil prices, says Tom Cross.
