The UK Budget

Updated Reserve Report Empyrean, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced that an independent appraisal and updated report prepared by DeGolyer & MacNaughton, effective to 30 June 2015, has highlighted a further significant increase in the Company’s Reserves and Resources at...

Indicative Terms for a Licence Agreement with Schlumberger in respect to DT Ultravert Highlands Natural Resources, the London listed oil and gas company, has signed indicative terms for a licence agreement with Schlumberger Technology Corporation, a 100% owned subsidiary of Schlumberger Limited, the world’s leading supplier of technology, integrated project management and information...

Sale of non-core assets for US$1.98 million Sable Mining, the AIM listed exploration and development company, has today completed transaction agreements which will monetise its interests in the Rietkuil coal project in South Africa. Separately the Company announces a recent sale of non-core interests in Liberia. Highlights · Total cash of US$1.98 million generated through […]

Government approval for acquisition of Mothae Paragon Diamonds Limited, the AIM quoted diamond development company, has announced that further to the announcement of 14 July 2015, the Company has now obtained the necessary formal approval from the Government of Lesotho to complete the acquisition of a 75% interest in, and operatorship of, the defined Mothae […]

Preparing to Spud Shimanek #2 well and Q2 2015 Operations Update Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, has announced that drilling operations at the Magnolia operated and 94% owned Shimanek #2 vertical well in Oklahoma are expected to commence by the end of July 2015. Additionally, […]

MAJOR UPGRADE TO SUGARLOAF AMI RESERVES AND RESOURCES Empyrean, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced a significant increase in its Reserves and Resources at its flagship Sugarloaf AMI assetin the liquids rich core of the Eagle Ford Shale in Texas, […]

Notice of General Meeting Europa has raised total gross proceeds of approximately £1.4 million by the issue of 20,000,000 New Ordinary Shares pursuant to the Firm Placing and 2,630,000 New Ordinary Shares pursuant to the Conditional Placing at an issue price of 6 pence per New Ordinary Share. Furthermore, it proposes to raise up to […]

Conclusion of agreement to acquire 50.1 per cent. interest in Manaila mine subject to conditions precedent Vast Resources plc, the AIM listed resource and development company, announces that, further to the pre-sale agreement announced on 10 June 2015, it has concluded an agreement to purchase 50.1 per cent. of the issued share capital of Sinarom […]

A researched piece on the real reason why LGO is holding back production!! I hereby declare I am not invested in LGO nor do I intend to invest in LGO within the next 48 hours of this article being published. Hi, Today we are going to be looking at (LSE:LGO) and the 2000bopd Gourdron field […]

Potential Investment and Trading Update MX Oil plc, the AIM quoted oil and gas investment company, has announced that besides its focus on Mexico, it is considering a number of near term, cash generative investments in geographies outside of the Americas that could assist in funding the work programmes of its target Mexican assets. However, […]