FTSE 250 News

Premier Oil’s (LSE:PMO) recently drilled well in Indonesia proved to be successful after encountering gas-bearing quality sands, the company reported on Wednesday. In a statement, the FTSE 250 oil and gas explorer said the Singa Laut-1 well discovered 177 feet of net gas reservoir in its Tuna Production Sharing Contract, where it holds 65 percent […]

Ophir Energy (LSE:OPHR) said Wednesday it has made a new gas discovery in Tanzania. In a statement, the FTSE 250 oil and gas explorer said the Taachui well encoutered 155 metres of net gas pay equivalent to an estimate of about 1 trillion cubic feet (tcf) of gas. “The size of the gas column is […]

Nostrum Oil & Gas wants to have a premium listing on the London Stock Exchange and a place at the FTSE index, the Kazakhstan-focused oil and gas producer said on Tuesday. In a statement, the directors of Nostrum plans to admit a newly established holding company on the LSE’s main market as well as on […]

I you ask me – Thank you. I’m glad you asked. – Gulf Keystone Petroleum’s (LSE:GKP) biggest problems are the pusillanimous pipsqueaks who apparently comprise too large a portion of company shareholders. It seems that, regardless of how much progress the company makes, any hint of negative news engenders a decline in the company’s share […]

The share price of AIM-listed and Main Market-bound Quindell (LSE:QPP) gained 1.35% to close at 37.62 pence today, regaining some of the ground that it had lost since nearly breaking the 44.00 mark on April 7th for the second time this year. The release of Quindell’s Q1 Trading Statement was an obvious factor on the day. […]

London listed mining firm Vedanta Resources, as previously announced, has released its production results for its last quarter and the full year, ahead of a conference call to be attended by senior management at 9:00 GMT today. Vedanta, a diversified natural resources miner with interests in silver, lead, copper, zinc, iron ore, aluminum, power, and […]

Centamin (LSE:CEY) share price is trading down just under 2.0% from yesterday’s close at 53.30. At mid-afternoon CEY is at 52.25, following release of the company’s first quarter 2014 production results. I suggest that it takes a great deal of patient understanding when reading a report like Centamin’s. Gold’s Not Glittering Like It Used To […]

Quindell (LSE:QPP), the #1 insurance technology business in Europe, watched its share price decline this morning despite an impressive report for the year ending 31 December 2013. The report also reaffirmed the company’s continuing strategy to become listed on the Main Market. Founder and Executive Chairman, Rob Terry, indicated that “2013 was a year to […]

The day we have been waiting for has finally arrived as Gulf Keystone Petroleum (LSE:GKP) has completed the move from the AIM to the Main Market today. Non-Executive Chairman, Simon Murray, observed that “The move up reflects the considerable success that the Company has enjoyed since its IPO, and marks the end of the move […]

I remember Ray Tracing back when we were in university together, so I was anxious to see what he is doing at Imagination Technologies (LSE:IMG). The first news that I heard was that IMG’s share price was up 12% this morning. So I thought he must be doing something great. Then I heard that he […]