Oil and Gas

Xtra Resources stock (LSE:XTR) is currently a good example of a market that can bring losses to buyer and sellers because of the current equilibrium conditions on it. This is essentially a quiet market which may fool some players. Some may feel that a quiet market is less risky than a noisy one – this […]

Half-yearly Results Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, announces its half-yearly results for the six month period ended 30 June 2015. Operational Overview – 26% year on year increase in number of producing wells to 195 in proven US onshore formations such as the Bakken/Three Forks […]

Indicative Terms for a Licence Agreement with Schlumberger in respect to DT Ultravert Highlands Natural Resources, the London listed oil and gas company, has signed indicative terms for a licence agreement with Schlumberger Technology Corporation, a 100% owned subsidiary of Schlumberger Limited, the world’s leading supplier of technology, integrated project management and information...

The recent RNS about (LSE:SRSP) Sirius Petroleum highlights what an excellent investment this will be come early 2016. I believe we will be hearing more news soon on thoughts and developments as to when the production well will be drilled in Nigeria. I would highlight based on (LSE:MXO) MXO OIL Aje field that its normal […]

Update on Porcupine Licences, Offshore Ireland Europa Oil & Gas, the AIM quoted oil and gas company with producing and exploration assets in Europe, announces that, subject to an application being made to the Irish Authorities and approval granted, it intends to assume 100% interest in, and operatorship of, licences FEL 2/13 and FEL 3/13 […]

Faroe Petroleum (LSE:FPM) continues to be the best play in the North Sea and interim results today enforce that view. As the commodities rout continues many Oil & Gas companies continue to make all-time lows. One major area of focus for UK investors has been the North Sea and whether it’s game over for the region. […]

The natural resource markets is a very tough place to be an investor at the moment. Capital is hard to raise, drilling and development are on hold due to the low oil price and share prices are falling lower and lower. What makes 88 Energy (LSE:88E) different is that they are nearing spud of the […]

What are the details? BP and Ningxia Baota Chemical Fibre Co., Ltd. (a majority owned subsidiary of Baota Petrochemical Group) have signed an agreement to license BP’s latest generation purified terephthalic acid (PTA) technology, the third such deal agreed by BP. Ningxia Baota intends to build a 1.2 million tonnes per annum (tpa) unit at […]

Today (LSE:FPM) Faroe Petroleum announced that their Portrush exploration well encountered no hydrocarbons. This has sent the share price down nearly 5% which I see as a good buying opportunity. This well was the third off a seven well campaign across the North and Barents Sea which has been relatively successful. What is very exciting […]

The official RNS by (LSE:SER)  Sefton Resources confirms a requisition by myself has been lodged through my BVI corporate lawyer within 28 days a special EGM will take place with a nomad backing us  at this present time (all my own personal opinion) and yes Jim Mellion still holding onto the shares. This has taken […]