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News: September 09, 2010
As anyone who has ever tangled with their local planning authority will know, the planning process in the UK can be a legal and procedural minefield (although, as regular Oilbarrel.com readers will know, it has nothing on the
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News: September 08, 2010
As we reported last month, shares in Central Petroleum, the ASX explorer with rights to huge swathes of emptiness in Central Australia, have suffered over the past year as two key farm-in deals unraveled messily. September,
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News: September 07, 2010
AusTex Oil Limited, which is set to present at Oilbarrel.com’s conference in the City of London on Thursday, is seeking to build an oil and gas production business in the US (and while its name suggests a Texas focus, it actually
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News: September 07, 2010
When we lasted reported on AIM and ASX listed Range Resources we said it started out as a “frontier explorer” in Puntland, an autonomous state within Somalia (and it does not come more frontier than Somalia). On top of
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News: September 06, 2010
Bahamas Petroleum Company – which changed its name from BPC Plc at last Thursday’s EGM – saw its shares hit a 52-week low last week as fall-out from BP’s Macondo blowout in the Gulf of Mexico impacted its exploration acreage in
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News: September 03, 2010
With its projects in the FSU on hold AIM Listed Victoria Oil & Gas diversified into the gas market in Cameroon in West Africa to establish some production and cash flow. It has taken rather longer to do this than expected because
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News: September 02, 2010
A little good news for Sterling Energy shareholders to end the summer: the Kurdistan explorer has successfully completed repairs to its Sakson rig and drilling is once again underway on the Sangaw North-1 exploration well. The
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News: September 02, 2010
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
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News: September 01, 2010
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
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News: September 01, 2010
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
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News: August 31, 2010
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
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News: August 31, 2010
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
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News: August 30, 2010
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
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News: August 27, 2010
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
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News: August 26, 2010
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
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News: August 26, 2010
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.
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News: August 25, 2010
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
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News: August 25, 2010
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
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News: August 24, 2010
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
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News: August 24, 2010
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
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