Oil and Gas

Northcote Energy (AIM:NCT), an onshore US oil and gas exploration and production company, has announced interim results for the six month period ended June 30 2013. Highlights: · Rapidly advancing strategy of building an extensive low-risk onshore oil and gas production company · Quadrupled production since January 2013 to 100boepd · Increased net acreage by […]

Makes second repayment of US$1 million on its debt facility with Macquarie Bank Limited from cash proceeds received from Eagle Ford Shale production. Empyrean Energy PLC (LSE:AIM), a US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, is pleased to report that, further to the announcement on […]

Pound Sterling The Pound began the week softer against the Euro after Angela Merkel won a landslide victory in the German elections. The result was seen as a positive for stability in Europe and sent the Euro slightly higher against Sterling. Disappointing economic data releases for the UK and negative comments from a Bank of […]

DekelOil Public (LSE:DKL), operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has published its interim results for the six month period ended 30 June 2013. Highlights: Successful listing on AIM in March 2013 in tandem with a £2.3 million fundraising 60t/hr CPO extraction mill (‘the Mill’) remains on […]

The AIM listed African focused support services and logistics company Africa Oilfield Logistics (LSE:AOL) focused support services and logistics company has announced that its 49% owned subsidiary Ardan Risk & Support Services (‘Ardan’) has signed a contract with Weatherford Drilling International Ltd, a subsidiary of Weatherford International Ltd (NYSE:WFT) (‘Weatherford’), the NYSE...

For the rest of this month, Gulf Keystone (LSE:GKP) is expected to continue going in the direction of the bulls, just as it has been doing since the beginning of July 2013. Prices are pushed by Smart Money. It is even more interesting that, usually, the stock that has trended northwards seriously would continue to […]

Soco international (LSE:SIA) has long been a wonderful market – an investors’ dream. Therefore, anyone who has gone long in the market since July 2013 when a long signal is generated in the midst of the continuous turbulence in the market should be smiling to their bank right now. Based on the model used here, […]

Europa Oil & Gas (Holdings) (LSE:EOG), an AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, have announced that after a successful High Court challenge on 25 July 2013 in relation to the drilling of a temporary exploratory well at the Holmwood prospect (‘Holmwood’) in […]

Empyrean Energy (LSE:EME), an AIM-listed profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, is pleased to announce its participation in two new wells in the Eagle Ford Shale, Texas. This participation is a part of its interest in ‘Sugarloaf Block A’ operated by Burlington Resources […]

The Shah Deniz consortium has announced that 25-year sales agreements have been concluded for just over 10 billion cubic metres a year (BCMA) of gas to be produced from the Shah Deniz field in Azerbaijan as a result of the development of Stage 2 of the Shah Deniz project. Nine companies will purchase this gas […]