Oil and Gas

AIM listed oil and gas producer and explorer Northern Petroleum (LSE:NOP) farmed out its La Tosca gas play in the Po valley. So its costs in drilling the well were trivial. It was announced today that the well has been abandoned as a write off. In the greater scheme of things this is pretty irrelevant. […]

I noted earlier today how the way that AIM listed penny share oil explorer Range Resources (LSE:RRL) communicates with its investors is very odd indeed. My attention is now drawn to the way it has communicated with its investors over it operations in the Islamofascist hell hole that is Puntland. This really is curious. You […]

Mediterranean Oil & Gas plc (LSE:MOG) agreed to sell nine onshore gas producing assets and four exploration interests in Italy in a move to dispose non-core assets and concentrate on other opportunities, the company disclosed today. According to the Board’s decision, the divested assets were no longer strategic for the growth of the company’s future […]

Independent oil and gas producer Valiant Petroleum is considering selling itself or merging with another business, among other options, to maximise value for shareholders within the next two to four years, the company said today. “As part of the planning for 2014 to 2016, the Board has decided to review the full range of strategic […]

I took a fair old beating on the Bulletin Boards after advising you that AIM listed penny share oil explorer Range Resources (RRL) was hugely overvalued at 4.86p following the abject failure of its drilling campaign in the Islamofascist hell hole that is Puntland. Report him to the regulators screamed the muppets. He must be […]

I met up with Derek Musgrove, CEO of AIM listed oil and gas producer and explorer Northern Petroleum (LSE:NOP) last night.  He is an opinionated man but we disagree on little and so the conversation was wide ranging. But I guess you do not wish to here a detailed analysis of our predictions for West […]

All the signs point to Chariot Oil stock (LSE:CHAR) plummeting. Even any supposed positive news might not help the stock to the upside. There are times when fundamental figures would be positive, yet certain stocks would still continue to weaken further. This presumed abnegation of any fundamentals could push the price up (futilely). Bad fundamentals […]

In the highly speculative business of oil and gas exploration, Enegi Oil plc (LSE:ENEG) bets on the prospectivity of its Irish asset, which may contain shale gas. In a statement today, the independent explorer said the shale discovered from its acreage in County Clare, west of Ireland came from a “rich source rock” containing an […]

Upstream oil and gas firm Lochard Energy Group plc (LSE:LHD) is putting itself up for sale as well as considering a merger, the company said today alongside the release of its unaudited full year results. The decision was made after discussions with several parties for a farm out deal for its Thunderball and Moby oil […]

AIM newcomer Eland Oil and Gas (LSE:ELA) floated its new shares today, opening at 100 pence.  The price was 110.00 during the noon hour on a volume of 2,081,196 shares after having reached as much as 115.00 during morning trading. Ready to Go after IPO Expecting to raise some £118 million based on the placing […]