Tom Frew

Will Centrica profits start heating up as a result? Centrica (LSE:CNA) and Qatar Petroleum International (QPI) have completed a C$1 billion agreement with Suncor Energy to acquire a package of producing oil and natural gas assets in the Western Canadian Sedimentary Basin. The assets include proven and probable (2P) reserves estimated by the partners at […]

Banking on a booming economy? Business confidence in the economy increased to the highest level since 2002 according to the Lloyds Bank (LSE:LLOY) Business Confidence Barometer. More than two thirds (68 per cent) of companies surveyed said that they were more optimistic about how the economy would fare compared with three months ago. The net […]

New World Oil and Gas (LSE:NEW), an oil and gas operating company focused on Denmark and Belize, is pleased to announce that it has secured an eight-month extension in work programme commitment deadlines for Licence 1/08 at its Danica Resources Project in Southern Denmark. This extension was discussed with Danica Resources ApS and the Danish […]

Northcote Energy (AIM:NCT), an onshore US oil and gas exploration and production company, has announced interim results for the six month period ended June 30 2013. Highlights: · Rapidly advancing strategy of building an extensive low-risk onshore oil and gas production company · Quadrupled production since January 2013 to 100boepd · Increased net acreage by […]

Makes second repayment of US$1 million on its debt facility with Macquarie Bank Limited from cash proceeds received from Eagle Ford Shale production. Empyrean Energy PLC (LSE:AIM), a US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, is pleased to report that, further to the announcement on […]

Sable Mining Africa (LSE:SBLM), an AIM listed exploration company, has announced the granting of a mining licence for the Nimba Iron Ore Project in south-west Guinea, the second largest undeveloped on- or near-rail Direct Shipping Ore project to be held outside the major mining companies in West Africa. The licence, or “Permit D’Exploitation Miniere”, number […]

Golden results? Noricum Gold (LSE:NMG), an Austrian focused gold exploration and development company, has announced further significant high grade gold and silver mineralisation from its 2013 underground drill programme at the Company’s 100% owned Rotgulden Gold and Precious Metals Project (‘Rotgulden’). Highlights: · Significant gold (‘Au’), silver (‘Ag’) and copper (‘Cu’) mineralisation...

DekelOil Public (LSE:DKL), operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has published its interim results for the six month period ended 30 June 2013. Highlights: Successful listing on AIM in March 2013 in tandem with a £2.3 million fundraising 60t/hr CPO extraction mill (‘the Mill’) remains on […]

. Premier African Minerals (LSE:PREM), a multi-commodity natural resource company with mineral projects located in Western and Southern Africa, has announced that RHA Tungsten Private Limited (‘RHA’) has simultaneously concluded a shareholder agreement and a management agreement with the National Indigenisation and Economic Empowerment Fund (‘NIEEF’), representing and acting for and on behalf...

Mariana Resources (LSE:MARL), an exploration and development company focused in Peru and southern Argentina, is pleased to announce that it has executed the amended Definitive Agreement with Condor Resources Inc. for Area 1 (being the southernmost Pucayacu precious and base metal target) at the Condor de Oro project Department of Cajamarca, northern Peru. The signing […]