Oil and Gas

Arria NLG (LSE:NLG) is a spin off a University of Aberdeen incubated business initially called Data2Text.  Arria acquired a 20% interest in Data2Text in May 2012.  On 25 October this year – 40 days ago – Arria completed 100% ownership.  This morning Arria NLG floated its shares on the AIM at 100.0 pence per share. […]

Following long period of trendless phases, there has been a dynamic rise on Doriemus stock (LSE: DOR). Since October 2013, the price has risen significantly; as it makes attempt to recover some recent losses. This is a surprise to the battered bears who are too ashamed to see that the price is going determinedly against […]

Plexus Holdings (LSE:POS), the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, is pleased to announce that it has conducted a placing to raise, in aggregate, approximately £6.83 million before expenses by way of a placing of 2,787,624 ordinary shares of 1 penny each […]

Nordic Energy (LSE:NORP), an oil and gas E&P company focussed on Denmark, Norway, and the North Sea sectors of the Netherlands and the UK (the Nordic Area), has issued an update on its 80% owned Danish Licence 1/13 (‘the Licence’). The Licence, acquired by Nordic during September, 2013, is the largest exploration and production licence […]

Plexus Holdings (LSE:POS), an AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, have announced that it has agreed to supply its high pressure/high temperature (‘HP/HT’) POS-GRIP wellhead equipment to Glencore Exploration Cameroon Ltd (‘Glencore’), the leading integrated commodities producer and marketer, for...

It is expected that Gulf Keystone (LSE:GKP) would experience further consolidation and subsequent downtrend in the month of December 2013. Any rally here – as it is currently happening – would be short-term in nature as well as giving the bears a wonderful opportunity to sell short at better prices. You can see that the […]

BP (LSE:BP.) have announced it has added two drilling rigs to the deepwater Gulf of Mexico, bringing its fleet to a company record nine rigs as it continues to develop its strong portfolio of assets in the key U.S. offshore basin. One of the rigs is a new ultra-deepwater drillship known as the West Auriga […]

The share price of FTSE 250 member Telecom Plus (LSE:TEP) took off this morning like a rocket and has continued to climb at mid-day to 1747.0.  That is nearly a 16% increase on the yesterday’s close of 1507.0.  The intraday increase was powered by the TEP’s acquisition of Electricity Plus Supply Ltd and Gas Plus […]

Plexus Holdings (LSE:POS), the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, have confirmed it has extended a contract with Centrica North Sea Gas Ltd (‘Centrica’) for the supply and sale of an additional POS-GRIP wellhead system (5,000 psi) and services for the GROVE […]

Sitting at my desk on the left side of the Atlantic, my work day begins about mid-day London time.  Often, but not always, that means that some of my colleagues, like Tom Frew, have already churned out most of the leading stories of the day.  Let’s just say that his writing has been prolific over […]