Oil and Gas

U.S.’s largest oil company, Exxon Mobil Corporation (NYSE:XOM) today reported a sharp rise in its second-quarter profit, helped by asset sales.

South America-focussed oil and gas explorer Amerisur Resources plc (LSE:AMER) hit 75 feet of gross oil column with 51 feet of potential net pay from its Platanillo field in Colombia, its second discovery for the year, and will perform flow and pressure tests during the next two weeks, the company said today. The Platanillo-4 well, […]

Independent oil and gas producer Faroe Petroleum plc (LSE:FPM) said the company “encountered hydrocarbons” from its Cooper Well in the Norwegian Sea, moving shares up by 5.5% to £1.44 a share with a turnover of more than a million, by noon GMT. The news is a reversal of the disappointing result of the company’s first […]

Tethys Petroleum Limited is an AIM-listed company which is involved in the exploration and production of oil and gas in Kazakhstan, Tajikistan and Uzbekistan. When this company stock was analyzed, it was discovered that it is in a bearish mode. This is a falling market. While some traders would not prefer to open trades when […]

Ever heard of Doggerland? Some think it’s an adult themed pleasure park off the M4, but in fact it’s an ancient underwater land mass encroaching on Scandinavia from the UK where the estuarine tophaceous boulder layer of the Bentley field sits. The field was picked up back in the 70’s, and owned by majors twice […]

Irish oil explorer Providence Resources plc (LSE:PVR) said the Barryroe oil field off the coast of Ireland has between 1 and 1.6 billion barrels of oil in place following a series of comprehensive post-well studies. In a statement released earlier today, data from 2D seismic, 3D seismic, and six wells drilled on the said field […]

Plexus Holdings PLC (LSE:POS) provides engineering methods and services for the oil & gas sector. This company stock is characterized by many gaps (gaps-up and gaps-down), extremely serious equilibrium market zones and significant movements; whereas a gap is a break in price. Gaps on this market reflect the proverbial imbalance in supply and demand on […]

Shares of Dragon Oil plc (LSE:DGO) were trading in the red today, despite an “eventful” first half of the year, as described by its Chief Executive Officer, Dr. Abdul Jaleel Al Khalifa. The Turkmenistan-focussed oil nd gas exploration, development, and production company said average daily production rate has increased by 10.7%, to 64,000 barrels of […]

Oil and natural gas services company Halliburton Company (NYSE:HAL) reported that its second-quarter net income was flat due to a slowdown in North American drilling. However, the company’s adjusted earnings beat Street estimates.

After roughly 5 months of perpetual bear market, the shares at Gulf Keystone Petroleum Limited (LSE:GKP) have long started rising. This company, an independent oil and gas exploration and production company which operates in Iraq, is registered in Bermuda and was listed on AIM in 2004. It has a big number of investors, and as […]