Proactive Energy round-up: Hurricane Energy stormed higher this week
Pre-drill estimates for Lincoln suggested it was host to 250 million ‘recoverable’ barrels of crude. Hurricane says after early analysis that figure looks conservative.
Company
Rockhopper Exploration PLC
LON:RKH
Rockhopper is an international oil and gas exploration and production company, incorporated and headquartered in the UK and traded on the AIM Market of the London Stock Exchange. The Company’s key licence interests are in the North Falkland Basin in the South Atlantic.
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Investments and investor services
Rockhopper rallies as investors look for value
Trading Emissions, which last week sold off a chunk if its Italian solar portfolio, is to pay shareholders a special divi.
Rockhopper Exploration cashed up but still waiting for Premier
Its coffers will be topped up with a final insurance payout from the Isobel Deep well, which should keep it financed while it ploughs through the front end engineering and design phase for the Sea Lion field in the South Atlantic.
Investments and investor services
FTSE 100 shares eke out gains, but mid-caps slip
FTSE 100 shares eked out light gains but mid-caps ended softer in a non-event session on Tuesday as markets began winding down for the holiday season
Archive
Proactive oil highlights: 88 Energy, Aminex, Hurricane, Rockhopper, Solo Oil and more...
The weekly round up of oil news from the world of Proactive.
Rockhopper Exploration: A multi-bagger, or just running out of cash?
Witness Rockhopper's share price slide over the last four years, from just under four quid to 28p today. It's too easy to blame the harsh reality of US$50 crude.
Egypt deal boosts production at Rockhopper Exploration
The explorer said output had increased materially after buying Beach Egypt
Archive
Proactive oil highlights: 88 Energy, Falcon Oil & Gas, Gulf Keystone, Infrastrata, Rockhopper and more...
The weekly round up of oil industry news from Proactive.
Seven oil stocks to watch as crude price nears US$50
Here, we take a look at some of London’s high profile oil stocks on most investor’s watch lists as the recovery in crude prices near US$50 per barrel.
Rockhopper boosted by Sea Lion resource audit
"In our view this new audit confirms the potential of the North Falklands to be a billion barrel basin,” said Sam Moody, Rockhopper chief executive.
Rockhopper Exploration strikes new deal to acquire Egypt oil assets
Rockhopper expects new terms to represent a material improvement in the prospective value.
Investments and investor services
The week's gains in London trimmed
It was a drab end to a decent week, with the big winners on Aim including Scapa, Verseon, Next Fifteen, Boohoo.com and ASOS.
Oilers enjoy their day in the sun; INTU biffed by BRC report
The AIM All-Share remained in positive territory, though only just (it was up 0.09 points at 732.62).
Premier Oil and Rockhopper cut short Falklands drill programme
The planned Chatham well will no longer be drilled in the current programme, after the rig contract was cancelled.
Rockhopper Exploration awards contracts for Sea Lion development
Rockhopper boss Sam Moody said: "the Sea Lion project continues to move forward."
Archive
Small cap highlights: InternetQ, Motive TV, Highlands Natural Resources, Haydale Graphene, Sound Energy and more
Here’s the small cap news highlights from this past week.
Oil & Gas highlights: BG, Shell, BP, Sound Energy, Rockhopper, Bahamas Petroleum, IOG & more
Earnings reports from oil supermajors dominated the market headlines this week.