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Oil and Gas

Africa Oilfield Logistics see 65% rise in revenue

01 Jul 2014 @ 08:07
Africa Oilfield Logistics Ltd, the AIM listed African focussed support services and logistics company, has issued a trading update from the company’s primary investment, Ardan Risk & Support Services. Highlights: · Revenue (unaudited) of approximately $9.5 million for the four month period ended April 2014 representing an annualised run rate of $38 million and a […]
 

New World Oil discusses Blue Creek failure

01 Jul 2014 @ 07:49
New World Oil and Gas Plc, an oil and gas operating company, currently focused on Belize and Denmark, announces its final audited results for the year ended 31 December 2013. Chairman’s Statement: Overall, 2013 was a challenging year for New World. Our drilling campaign at the Blue Creek Project in Belize failed to confirm commercial […]
 

Dekel talks 2013 results

01 Jul 2014 @ 07:46
Follows March 2013 AIM listing DekelOil Public Limited, a palm oil development company with interests in Côte d’Ivoire, has announced its final audited results for the year ended 31 December 2013. Highlights: · Successful listing on AIM in March 2013 in tandem with a £2.3 million fundraising to accelerate strategy to become a major West […]
 

Empyrean Energy – An Established Bull Market

26 Jun 2014 @ 00:23
Empyrean Energy stock (LSE:EME) is in a long-term bullish trend. The bullish trend is not expected to end soon, since there could only be consolidation and bearish correction phases in the markets, after which the trend would resume. It is clear that the bullish outlook started before this year: the trend in this year has […]
 

Monthly Forecast on Gulf Keystone (July 2014)

26 Jun 2014 @ 00:13
Gulf Keystone shares (LSE:GKP) are in a major downtrend; though the price has been consolidating to the downside since April 2014. The downside consolidation is very slow and tardy because the bears themselves have not made substantial gains since April 2014. The ADX period 14 is almost below the level 20 (showing that the market […]
 

Empyrean talk Sugarloaf results

25 Jun 2014 @ 18:52
Were they sweet? Empyrean Energy (LSE:EME), an US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has issued a production and operations update for the three month period to the end of March 2014, updated with current data since the end of the Quarter, where available. Empyrean […]
 

Lamprell Recovering from Shareholder Revolt

20 Jun 2014 @ 08:49
It was less than a fortnight ago, June 11th to be exact, when Lamprell (LSE:LAM) watched the bottom drop out of his share price as investors showed their displeasure with the company’s remuneration report presented at its AGM. On that day, Lamprell’s share price dropped  22 pence (12.9%) to 149.00 just two days after reaching […]
 

BP and CNOOC sign 20-year LNG deal

20 Jun 2014 @ 05:35
Deal covers 1.5 million tonnes BP and the China National Offshore Oil Corporation (CNOOC) today announced a heads of agreement for the supply of up to 1.5 million tonnes of liquefied natural gas (LNG) per year over 20 years starting in 2019. The agreement was signed in London by BP Executive Vice President, Dev Sanyal […]
 

A Long-term Upward Journey Begins on Mosman Oil and Gas

19 Jun 2014 @ 09:14
Mosman Oil and Gas (LSE:MSMN) has started a long-term upward journey that has a potential to last for years. Nevertheless, this would not happen without occasional pullbacks that might pan out in the medium-term. The price was in a tight equilibrium phase for some months before it broke upwards, cutting the upper Trendline to the […]
 

Union Jack on Golden Cross – A Perfect Buying Opportunity

19 Jun 2014 @ 09:07
The situation on the Union Jack stock (LSE:UJO) is very interesting; and it offers a unique buying opportunity for the bulls who missed the recent upward surge in the price. In the chart, 4 EMAs are used and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown […]
 
 
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