Oil and Gas

BP, of course. BP have confirmed the start of oil production from the Kizomba Satellites phase 2 development in Block 15, offshore Angola. Operated by ExxonMobil, the deepwater project is expected to produce around 70,000 barrels of oil per day at peak. “This is the first of BP’s planned start-ups for 2015 and is another […]

BP, on behalf of the Schiehallion co-venturers Shell and OMV, is pleased to announce the start of drilling on the Loyal field by the new-build, semi-submersible Deepsea Aberdeen, marking the start of a seven year drilling campaign west of Shetland. Deepsea Aberdeen is contracted to drill wells across the Schiehallion and Loyal fields, as part […]

New £1m contract with Premier Oil Norge AS for POS-GRIP wellhead technology Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, known for its safety, time and cost saving capabilities, has received an order from Premier Oil Norge AS, a leading […]

TomCo Energy shares (LSE:TOM) are expected to experience a breakout to the upside, which may happen this week or next. The volatile market has been making shallow but protracted bearish attempt, but there would soon be a breakout to the upside. The ADX period 14 is not above the level 30, meaning that the momentum […]

New World Oil stock (LSE:NEW) has shown that a new trading opportunity would inevitably be generated soon, based on the current price action. This is an attractive market indeed. For several months, the stock has been trending downwards, while also consolidating to the downside. The price is now under the EMA 21 and the Williams’ […]

Genel Energy (LSE:GENL) was on the move today continuing its great run of late. At close of play it was up to 628p up 21.5p today. It would seem that the M&A talk just won’t go away and a rising oil price certainly helps. As I highlighted on www.longovershort.com last week, Genel has world class […]

Mancos shale operations update Rose Petroleum plc, the AIM-listed (LSE:ROSE) natural resources company, has provided an operational update on activities within its highly prospective Uinta Basin acreage in Utah, in which it has a 75% working interest, and where the Company’s primary target is the Mancos Shale. Highlights: · Core results to date from the […]

Placing to raise £1.5 million to pursue Oilfield Enhancement Opportunities, Corporate Update and New World Oil and Gas Plc, the oil and gas operating, exploration and development company, has announced that it has raised £1.5 million before expenses through a placing of 2,727,272,727 new ordinary shares at a price of 0.055p per share with existing […]

Falkland Oil & Gas shares (LSE:FOGL) have some signs of stamina in them, in spite of extremely turbulent market phases they experience. The price would skyrocket and then plummet. This is a challenging market for novices – but what is called challenges in trading are really opportunities for super traders. However, the price might still […]

Chris Oil been swamped by questions about (LSE:SER) Sefton Resources and (LSE:XTR) Xtract Resources after my interview with Justin Waite ADVFN podcast show. So i have tried to put down my personal thoughts on these two  companies both i believe are multi baggers because both companies have tiny market caps which enable speculative growth. Xtract […]