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Syria has long been the power house of growth at Gulfsands Petroleum, which has discovered and developed two oilfields in the northeast of the country and is chasing down an inventory of follow-on prospects and leads. This
Full story...Petro Matad has announced that the Davsan Tolgoi-2 exploration well in Mongolia was spudded on August 28. It is being drilled vertically to an estimated target depth of approximately 1,300m by the Chinese company Ansai Yuehua Oil
Full story...Petroneft Resources knows the oil in its development acreage in Russia is there. It knows that it can get it out. It has taken longer than expected to do this but its latest operations update says it now has meaningful first
Full story...There were some positive snippets for investors in the pre-close statement issued by Chariot Oil & Gas at the start of the week. For openers, the companys dataroom, which is marketing the companys Namibian acreage to potential
Full story...Shares in Northern Petroleum, which have suffered over the summer, ticked up at the end of last week as the AIM-quoted company provided a positive operational update. Key to this fillip, which lifted the shares by 4.5 per cent
Full story...With investors still awaiting news of testing from the companys first sub-salt well in European Russia, AIM-quoted Volga Gas was able to provide some good news on its stalled Vostochny Makarovskoye project. Readers may remember
Full story...The slow recovery in the global economy and particularly in the US is keeping oil prices stagnant. Despite hopes of increased demand a few weeks ago, the bulls are keeping quiet in this traditional holiday period. In early
Full story...When we wrote about Cadogan Petroleum, the LSE main board listed group focused on Ukraine, last May it seemed to be in a real mess. The company floated two years. The IPO was meant to signal the beginning of a new period in the
Full story...There was a time a good ten years back when Tullow Oil, Cairn Energy and Dana Petroleum were bracketed together as UK independents seeking to make their mark. Tullow and Cairn were struggling to make headway in Southeast Asia
Full story...Bowleven had its IPO on Londons AIM in 2004 but what with boardroom battles and management wrangles its labours on its prospective assets in Cameroon have not got very far, until now.
Full story...With contingent reserve estimates of 11.8 trillion cubic feet of gas and an acreage position that makes it one of the largest unconventional gas permit-holders in Western Europe, including shale gas potential, Perth-based
Full story...The dust has now cleared. AIM-listed Resaca Exploitation will not now be merging with fellow Permian Basin, Texas, in the US, oil and gas developer, Amex listed Cano Petroleum. Early in July Resaca said that it was actively
Full story...Despite the summer months seeing further delay in the spudding of a key well, shares in Pantheon Resources have held up well as investors offset the frustrations of inactivity against the potential prize to come when a rig is
Full story...We reported in May that Leni Gas & Oil planned a major investment in its Spanish properties, where it sees potential to deliver a fairly rapid uplift in production and reserves. The summer months have seen the AIM-quoted company
Full story...Shares in Matra Petroleum tanked in late May when the AIM-quoted E&P revealed disappointing well results from its Sokolovskoe field in the under-drilled Orenburg region of Russia. The problem was Well-13, the first appraisal well
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