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Investors in Aminex had reason to cheer this week as the company’s first well on its long-dormant Shoats Creek property in Louisiana came good, finding evidence of the black stuff in the Cockfield sands. Shares in the
Full story...There is never an easy time to launch a new E&P business but IPO-ing just before the meltdown in global financial markets ensured a rocky ride for industry newcomer Canoel International Energy. The company joined the TSX-Venture
Full story...Last month we reported that Chile-focused GeoPark Holdings was eying acquisition opportunities elsewhere in Latin America to diversify its portfolio of E&P properties. One month on and the AIM-quoted company has joined forces
Full story...Preliminary results from Alkane Energy, the London listed AIM the alternative energy company that owns and operates power generation plants using coal mine methane (CMM) as fuel, were broadly in line with expectations.
Full story...When oil services group Rheochem plc moved upstream in 2006, it could hardly have envisaged the rollercoaster ride ahead as financial markets around the world crashed and oil prices soared to US$140 a barrel, plummeted to under
Full story...Tullow Oil is now in countdown mode to first oil from one of the company-making African discoveries that have catapulted the E&P into the FTSE100. Phase 1 of the Jubilee field development offshore Ghana is due onstream in Q4
Full story...We know that Papua New Guinea is becoming one of the worlds newest, highly prospective hydrocarbon provinces because London Aim quoted Rift Oil presented at an oilbarrel.com conference last year and described the substantial
Full story...Europa Oil & Gas, which is due to present at Thursday’s oilbarrel.com conference in London, has taken steps to refocus its portfolio on Europe, where recent months have delivered drilling successes in two of its three core areas.
Full story...London main board LSE listed Hardy Oil & Gas is a full cycle E & P company with production, development and high impact exploration prospects, mostly, but not entirely, in India. The emphasis in the 2009 preliminary results
Full story...Two thousand and ten should be a key year for ASX-quoted Po Valley Energy. The company, which takes it name from the gas-rich region of northern Italy where it operates, has overcome bureaucratic inertia to bring its
Full story...For a relative newcomer to the exploration scene, Cove Energy is setting an impressive pace. Less than a year after it was formed through the acquisition of an AIM cash shell, Cove has clocked its first discovery. What’s more,
Full story...Unlike North America and Australia, where coal bed methane resources are making significant contributions to energy supplies, operators in Western Europe have been slow to grasp the resource opportunities presented by the gas
Full story...When we last reported on Leed Petroleum, we made the point that after a difficult year in 2009 the company was in effect starting anew with its drilling effort.
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A new investor presentation from Aurora Oil & Gas makes it very clear that this ASX-listed oil junior sees itself playing with the big boys on the frontline of the North American surge in unconventional gas supplies. Aurora is
Full story...Just as production was marching in the right direction for ASX-listed Victoria Petroleum, the rain has put a halt to play. Ongoing heavy rains in northern South Australia have caused basin-wide flooding in the Cooper Basin, one
Full story...There was nothing really new in the pre-close update from Chariot Oil & Gas but the announcement did provide a moment for investors to reflect on what a key year 2010 could be for the AIM-quoted explorer. First, Chariot has now
Full story...Melrose Resources met its production targets for 2009, delivering working interest output of 38,600 barrels of oil equivalent per day, up 8.6 per cent on 2008 levels as five new fields were brought onstream in Egypt. The net
Full story...It’s been a while coming – four months in fact since they first mooted a merger - but San Leon Energy and Island Oil & Gas have now agreed terms that will see Ireland’s San Leon acquire its cash-strapped compatriot in an all
Full story...We recently asked whether it would be second time lucky for Tower Resources with its new well in Uganda. It look like it has not been. The company has announced that Avivi-1 has reached its total depth at 764 metres without
Full story...Those investors who booked a nice return on Rift Oil, the Papua New Guinea-focused explorer that was last year bought by Canada’s Talisman Energy in a deal that delivered a three-fold return to shareholders, will no doubt be
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