Oil and Gas

The price on Border & Southern Petroleum (LSE:BOR) is offering a peerless opportunity for traders and investors to go long – doing so at a very cheap price. What is happening on the market generally presages a bullish bias, as it would be explained below. In the near term, it appears that the price is […]

Sincere apologies but thanks to a well known website beginning with A, I have been using the wrong issued share capital in calculating a valuation for AIM listed oil penny share Range Resources (LSE:RRL). There are not 1.129 billion shares in issue but 2.357 billion.  Oh dear. This does nothing to alter the sell case […]

Having enraged half the lunatics who fall in love with small oil shares and post demonically on Bulletin Boards with my bearish remarks about AIM listed oil exploration stocks Range Resources (LSE:RRL) and Red Emperor (LSE:RML) – and having been vindicated already – it is time to piss off the other half with a few […]

The second Puntland well is a duster. No oil. Game over. Consequently you should not wait for the next promote – as soon as you can sell shares in AIM listed oil stocks Red Emperor (RMP), Range Resources (RRL) and TSXV listed Horn Petroleum. I warned you to sell Range on Friday. Predictably I got […]

Following on from my comments about Range Resources (LSE:RRL) on Friday I have become far more convinced that the shares are, at 4.86p, a sell.  You can read the original analysis HERE. There are two reasons for my strengthening view that this is not a stock to own in fact I would wait until the […]

AIM listed oil producer and explorer Range Resources (LSE:RRL) is a stock beloved of penny share bulletin board punters. That, I suppose, should be a good reason not to buy. I must admit that in my heart I would rate this as a slam dunk sell but there is just a chance that the shares […]

“No hydrocarbons flowed to surface,” was what Faroe Petroleum plc (LSE:FMP) said today, after performing a formation drill stem test (DST) in one of the targets reached by its Cooper well in the Norwegian Sea. Shares lost 8.9%, equivalent to 14.25 pence, to £1.45 an hour after the announcement was released – a reversal of […]

Borders & Southern plc (LSE:BOR) surprised the market this afternoon by releasing the results of the fluid sample taken from the Darwin well it drilled back in January this year. Shares closed 56.1% higher than yesterday to 32 pence, three hours after the Falkland Islands-focussed oil and gas explorer said the recoverable volume of gas […]

Quadrise Fuels International (LSE:QFI) has been having quite a week.  Today hasn’t been so bad either.  At 9:00 am its share price had skyrocketed by 72.5% over yesterday’s close of 5.88 pence, and 113.6% over one week ago, when it was trading at 4.75 pence.  Having reached 10.145 pence, it tapered off to 8.89 pence […]

Agriterra (LSE:AGTA) is a Mozambique based multi-commodity focussed agricultural business. It owns cattle, ranches, abattoirs and plans to open local butchers, alongside Maize milling, again in Mozambique, and Cocoa & palm oil operations in Sierra Leone. Like the Chairman, Phil Edmonds, these aren’t the only feathers in Agriterra’s cap – they also have a meaty 20% […]