Oil and Gas

BREAKING NEWS ShawCor Ltd. (TSX:SCL) has announced that it has completed the acquisition of all of the outstanding shares of Desert NDT LLC, first announced on May 8, 2014, for a total consideration of approximately US$260 million, subject to adjustment for changes in working capital. Desert is a Houston-based provider of non-destructive testing services for […]

DekelOil Public Limited, operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, have provided an update regarding its producing palm oil operation. Production is derived from the Company’s 60 t/hr Crude Palm Oil extraction Mill, one of West Africa’s largest. Highlights: · Production for the first full quarter of […]

At this point in time it is no surprise to anyone that the crisis in Iraq is capable of spilling over into other regions. The situation is complex, to say the least, and it has economic implications far beyond the massive loss of lives. For each death, the fortunes of families, regardless of how meager […]

The Tullow Oil share price (LSE:TLW) has taken a beating over the last 12 months, having dropped from a high of 1,125 in July 2013 to below 750 as of mid-April 2014. The share price volatility is typical of mining and energy exploration stocks. In just the past 30 days Tullow shares have been in […]

Africa Oilfield Logistics Ltd, the AIM listed African focussed support services and logistics company, has issued a trading update from the company’s primary investment, Ardan Risk & Support Services. Highlights: · Revenue (unaudited) of approximately $9.5 million for the four month period ended April 2014 representing an annualised run rate of $38 million and a […]

New World Oil and Gas Plc, an oil and gas operating company, currently focused on Belize and Denmark, announces its final audited results for the year ended 31 December 2013. Chairman’s Statement: Overall, 2013 was a challenging year for New World. Our drilling campaign at the Blue Creek Project in Belize failed to confirm commercial […]

Follows March 2013 AIM listing DekelOil Public Limited, a palm oil development company with interests in Côte d’Ivoire, has announced its final audited results for the year ended 31 December 2013. Highlights: · Successful listing on AIM in March 2013 in tandem with a £2.3 million fundraising to accelerate strategy to become a major West […]

Empyrean Energy stock (LSE:EME) is in a long-term bullish trend. The bullish trend is not expected to end soon, since there could only be consolidation and bearish correction phases in the markets, after which the trend would resume. It is clear that the bullish outlook started before this year: the trend in this year has […]

Gulf Keystone shares (LSE:GKP) are in a major downtrend; though the price has been consolidating to the downside since April 2014. The downside consolidation is very slow and tardy because the bears themselves have not made substantial gains since April 2014. The ADX period 14 is almost below the level 20 (showing that the market […]

Were they sweet? Empyrean Energy (LSE:EME), an US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has issued a production and operations update for the three month period to the end of March 2014, updated with current data since the end of the Quarter, where available. Empyrean […]