Oil and Gas

Northcote (LSE:NCT), an onshore US oil and gas exploration and production company, has announced the successful fracture stimulation of the West Little Drum Well on its 51% owned Horizon Project, which has resulted in a significant increase in production compared to pre-frac levels. Highlights: – West Little Drum oil production increase of over 600% from […]

North American Petroleum (LSE:NAP) a company focused on developing its interests in proven US onshore oil and gas formations,has announced it has acquired a 24.2% interest in the producing Little Drum oil and gas project focused on the Mississippi Lime formation, in Osage County, Oklahoma. The acquisition increases the value of NAP’s proven reserves by […]

Cluff Natural Resources (LSE:CLNR), a company founded by natural resources entrepreneur Algy Cluff, is pleased to announce that it proposes to raise £2.0 million by way of a placing and subscription of 66,666,667 new ordinary shares of 0.5 pence each in the capital of the company at a price of 3.0 pence per Placing Share […]

North American Petroleum (LSE:NAPP), a company focussed on developing interests in proven US onshore oil and gas formations, has announced its participation in an additional well targeting the proven Mississippi Lime formation, Oklahoma. This new well is NAP’s eighteenth and is in line with the company’s strategy to build net production and reserves by acquiring […]

Mytrah Energy (LSE:MYT) have informed investors that on 14 November 2013, R&H Trust Co (Jersey) Limited as trustee of The Raksha Trust (the “Trust”), a Jersey based discretionary trust settled by Ravi Kailas, the Chairman and CEO of Mytrah Energy Limited, of which he and some of his family members and also a philanthropic trust […]

There is a Bullish Confirmation Pattern on Tower Resources (LSE:TRP), though the current southward correction could make some think that the price would plummet once again (since day trading bears could make quick bucks here). However, as Clem Chamber once said: No one ever criticizes madness when it is working in their favor. Why this […]

Empyrean Energy (LSE:EME), a US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has provided a production and operations update on its flagship Sugarloaf AMI in the prolific Eagle Ford Shale, Texas. Empyrean has a 3% working interest in the Project which is operated by US major […]

Nordic Energy (ISDX: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 announced details of its final results for the period ended 31 May 2013. Chief Executive Officer’s Statement (in full): Nordic Energy PLC has now completed its first […]

BP (LSE:BP) have released financial results for the third quarter of 2013. Underlying replacement cost profit1 for the period was $3.7 billion, compared to $2.7 billion for the previous quarter. Operating cash flow in the quarter was $6.3 billion. Consistent with its commitment to maintaining a progressive and sustainable dividend policy, BP also announced that […]

New World Oil and Gas (LSE:NEW), an oil and gas exploration and development company focused on Belize and Denmark, has announced that the Government of Belize has approved the application of the third and final renewal period of the Blue Creek Production Sharing Agreement (‘PSA’) in relation to its Blue Creek Project in the Petén […]