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Andalas Power & Energy signs heads of agreement to farm-in to Indonesian

11 Feb 2016 @ 06:17
ADL signs heads of agreement to farm-in to Indonesian gas project Andalas Energy and Power has signed a non-binding heads of agreement to farm-in to the Technical Assistance Contract covering the Tuba Obi East oil and gas concession in Jambi province, Sumatra. The proposed transaction would constitute a reverse takeover within the meaning of the […]
 

MX Oil to sell stake in Aje Field offshore Nigeria for US$18m

11 Feb 2016 @ 06:11
Update on proposal for its Nigerian investment, placing and notice of GM Further to its announcement on 25 January 2016, MX Oil has issued an update in connection with the proposal it has received for its Nigerian investment in the proven Aje Field offshore Nigeria. The Directors believe a sale of its Nigerian investment is […]
 

Hummingbird Resources Talk Study on Gonka Deposit and Taurus Extension

11 Feb 2016 @ 06:04
Study on Gonka Deposit and Taurus Extension Hummingbird Resources (AIM:HUM), has announced the results of a Desktop Study on the Gonka deposit, located 5km south of the proposed Yanfolila Gold Project plant in Mali, prepared for the Company by DRA Projects. Gonka is not currently included in the Yanfolila Definitive Feasibility Study and the results […]
 

FinnAust Mining: Survey Results from Pituffik Titanium Project

11 Feb 2016 @ 05:56
Survey Results Confirm High Grade Ilmenite Mineralisation Extends into Shallow Marine Environment FinnAust Mining, the AIM listed exploration company with projects in Greenland, Finland and Austria, has announced results from the bathymetry (depth) and seismic profiling survey as well as the extensive sea floor sampling programme at the Pituffik Titanium Project in Greenland. The initial...
 

Annual Trading Forecast on FTSE 250 (2016)

04 Feb 2016 @ 20:04
FTSE 250 stock (FTSE:MCX) has plunged massively while the market remains volatile. The massive plunge has resulted in a bear market, which would hold out for this year. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the […]
 

BP reports full year and 4Q 2015 results

04 Feb 2016 @ 09:54
BP has reported its results for the full year and fourth quarter of 2015. Underlying replacement cost profit for BP’s full year was $5.9 billion, compared with $12.1 billion reported for 2014, down 51%. The underlying result for the fourth quarter was $196 million compared with $2.2 billion for the fourth quarter of 2014. Underlying […]
 

Northcote Energy Complete Infrastructure Upgrades at Shoats Creek Field

04 Feb 2016 @ 08:56
Completion of Infrastructure Upgrades at Shoats Creek Field Northcote has announced the completion of the planned infrastructure upgrades at the Shoats Creek Field in Louisiana. Following the completion of the infrastructure upgrades, which have been inspected and approved by the State, the field is fully equipped to support production from the LM#20 well as well […]
 

Monthly Technical Reviews on Gold and Silver (February 2016)

03 Feb 2016 @ 10:40
GOLD (XAUUSD) Dominant Bias: Bearish Gold started a persistent bullish journey a few weeks ago, and this is strong enough to threaten the current bearish bias on the market. Should the bullish journey persist for the next few days, that would lead to a new clean “buy” signal, leading to a Bullish Confirmation Pattern in […]
 

Highlands Natural Resources Talk Readmission to Trading on the LSE

03 Feb 2016 @ 08:44
Publication of Prospectus, Readmission to Trading on the London Stock Exchange and Placing Highlands Natural Resources announces that on 28 January 2016 it published a prospectus relating to the acquisition from Diversion Technologies LLC of an interest in 75 per cent. of certain patent and know how rights associated with ‘DT Ultravert’, a well stimulation […]
 

Goldplat: Completion of Resource estimate for the Tailings Storage Facility

03 Feb 2016 @ 08:31
Operational update: Completion of Resource estimate for the Tailings Storage Facility Goldplat plc, the AIM listed African gold producer, has announced the completion of a JORC-compliant Resource Statement for the Tailings Storage Facility at the Goldplat Recovery (Pty) Limited operations in South Africa. GPL has been depositing tailings onto this TSF since January 2003 with […]
 
 
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