Horse Hill flow test blows away expectations
A seven hour test yielded initial unassisted flow rates of 463 barrels of oil per day from one of two intervals in the well’s deeper Kimmerage limestone play.
Company
LON:STG
Strip Tinning Holdings PLC is a supplier of specialist connectors to the automotive sector. Adding to its original focus on manufacturing specialist flexible electrical connectors for car heaters and antennae, the company also now provides connectors between the cells in electric vehicle battery packs. It uses flexible and lightweight printed circuit technology that it aims to apply to other applications within vehicles.
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A seven hour test yielded initial unassisted flow rates of 463 barrels of oil per day from one of two intervals in the well’s deeper Kimmerage limestone play.
Investments and investor services
More than one in six FTSE 350 stocks shed more than 5%
The Footsie shed 127.16 points to 5720 while indices in Germany and France also fell
Investments and investor services
The FTSE 100 dropped over 2%, ending the day around 150 points lower at 6,093.
A 30-day testing phase can answer some of the key questions over the high profile oil discovery near Gatwick airport.
The Footsie backtracked 115 points to 6126 amid weak Chinese manufacturing figures
Investments and investor services
The Footsie fell 115 points to 6126 on downbeat Chinese manufacturing data
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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.
With Angus coming to market there will be SEVEN different Horse Hill stakeholders listed on AIM.
Below are the main news driven share price movements at 4.30pm.
Below are the main news driven share price movements at 4pm...
Investments and investor services
Plenty of scope for confusion today, with similarly named companies vying for attention with UK onshore oil developers.
Investments and investor services
UK investors shrugged off concerns over Greece to follow US equities higher in the afternoon session
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Traders sit tight as stand-off between Greece and creditors continues
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FTSE 100 Index trades 16.57 points adrift at 6663.98
Horse Hill may be analogous to well-known US ‘hybrid’ plays such as the Bakken, Wolfcamp, Bone Springs
A firm start on Wall Street encouraged a rally in London
Investments and investor services
Miners and oil stocks took to the stage today on a busy day for small caps.
Schlumberger says the oil project could comprise 255mln barrels per mile, versus April's eyebrow raising 158mln barrel estimate
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Greece (what a surprise), Horse Hill, Inmarsat and the ongoing Fifa drama were popular themes in webworld. The deadline is almost upon Greece as it owes £220mln to the IMF tomorrow (Friday) but that doesn't appear to be bothering the newly