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Just before last Christmas Edinburgh –based, main LSE- board- listed Melrose Resources said its guidance for 2010 was that it would deliver net production of 17.5 million barrels of oil equivalent (boe) from what you might call
Full story...If high oil prices are a good thing – which of course depends on whether you’re a producer or a consumer – then the year started with a bang. The record US$147 per barrel price of mid-2008 seems a long way off now, but in the
Full story...The latest trading update from Sovereign Oilfield Group, issued last month, had little news to cheer beleaguered investors. As previously reported, the acquisitive oil services group is locked in talks with its lenders after
Full story...The oil market continues to look for signs of positive growth in the global economy, but week after week, the news fails to thrill. The oil market got a boost earlier in the week with prices close to US$77 but the gains were
Full story...Shares in Ithaca Energy ticked over the 90 pence marker in morning trading on Thursday after the AIM and TSX Venture listed company announced a better-than-expected result from well interventions on the Beatrice field in the UK
Full story...The last time we wrote about Circle Oil we said the latest good news was out of Morocco. Circle has two success stories going on in North Africa with what seems like an unbroken string of drilling results from both Morocco and
Full story...When PetroNeft Resources presented at our most recent conference last November, it was just emerging from a rough patch. The AIM company is focused on the resource rich West Siberian Basin, one of the most prolific oil and gas
Full story...Australia’s booming natural resources sector, particularly its massive expansion in LNG capacity, means there is interest in any company claiming to sit on a serious amount of natural gas. And when that gas could lie just 20 km
Full story...Much of the success of Plexus Holdings, the specialist wellhead supplier, has been its ability, even against a backdrop of falling rig counts, to win repeat business and grow its order book. This, says Plexus says, demonstrates
Full story...Gulf Keystone’s potentially company-making find in Iraqi Kurdistan is getting to be one of the most analysed wells around even though it is still some way from full appraisal.
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Having successfully inked farm-in terms for its promising Sugarkane project at the back end of last year, Aurora Oil & Gas can report an acceleration of activity across the South Texas gas and condensate field including the
Full story...As we’ve noted before on these pages, Tullow Oil is the current darling of the London oil patch. Like Cairn Energy before it, the London-listed company has transformed its fortunes by unearthing major oil finds in under-explored
Full story...As world leaders of industry gathered in Davos and President Obama spoke of hope and a long road to recovery, the oil price weakened slightly as traders saw little immediate impact to the up side. But the good news for the
Full story..."We no longer have a putative project, we have a business". So says Chris Lambert, Chairman of Alton Energy, a London listed, Australia-based company involved in a coal-to-liquids scheme in South Australia.
Full story...Afren plc, the ambitious E&P stitching together a patchwork of development projects in Nigeria, has added to its footprint in the West African energy powerhouse by agreeing joint venture terms with Oriental Energy and Energy
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NOTICE UNDER SECTION 708A OF THE CORPORATIONS ACT 2001 (Cth) (Act)
Heritage Oil issues an update on the proposed disposal of its Ugandan Interest
DRILLING REPORT FOR WALLOON COAL MEASURES COAL SEAM GAS PROJECT, PL 171, SURAT BASIN, QUEENSLAND
