Oil and Gas

Northcote (LSE:NCT), an onshore US oil and gas exploration and production company, has announced that it has acquired a 100% Working Interest (‘WI’) in the East Blackwell Unit (‘East Blackwell’) in Kay County, Oklahoma. Concurrently, the Company has agreed terms for the farm-out of a 20% interest in East Blackwell, in line with its strategy […]

Arria NLG (LSE:NLG) is a spin off a University of Aberdeen incubated business initially called Data2Text.  Arria acquired a 20% interest in Data2Text in May 2012.  On 25 October this year – 40 days ago – Arria completed 100% ownership.  This morning Arria NLG floated its shares on the AIM at 100.0 pence per share. […]

Following long period of trendless phases, there has been a dynamic rise on Doriemus stock (LSE: DOR). Since October 2013, the price has risen significantly; as it makes attempt to recover some recent losses. This is a surprise to the battered bears who are too ashamed to see that the price is going determinedly against […]

Plexus Holdings (LSE:POS), the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, is pleased to announce that it has conducted a placing to raise, in aggregate, approximately £6.83 million before expenses by way of a placing of 2,787,624 ordinary shares of 1 penny each […]

Nordic Energy (LSE:NORP), an oil and gas E&P company focussed on Denmark, Norway, and the North Sea sectors of the Netherlands and the UK (the Nordic Area), has issued an update on its 80% owned Danish Licence 1/13 (‘the Licence’). The Licence, acquired by Nordic during September, 2013, is the largest exploration and production licence […]

Plexus Holdings (LSE:POS), an AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, have announced that it has agreed to supply its high pressure/high temperature (‘HP/HT’) POS-GRIP wellhead equipment to Glencore Exploration Cameroon Ltd (‘Glencore’), the leading integrated commodities producer and marketer, for...

It is expected that Gulf Keystone (LSE:GKP) would experience further consolidation and subsequent downtrend in the month of December 2013. Any rally here – as it is currently happening – would be short-term in nature as well as giving the bears a wonderful opportunity to sell short at better prices. You can see that the […]

BP (LSE:BP.) have announced it has added two drilling rigs to the deepwater Gulf of Mexico, bringing its fleet to a company record nine rigs as it continues to develop its strong portfolio of assets in the key U.S. offshore basin. One of the rigs is a new ultra-deepwater drillship known as the West Auriga […]

The share price of FTSE 250 member Telecom Plus (LSE:TEP) took off this morning like a rocket and has continued to climb at mid-day to 1747.0.  That is nearly a 16% increase on the yesterday’s close of 1507.0.  The intraday increase was powered by the TEP’s acquisition of Electricity Plus Supply Ltd and Gas Plus […]

Plexus Holdings (LSE:POS), the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, have confirmed it has extended a contract with Centrica North Sea Gas Ltd (‘Centrica’) for the supply and sale of an additional POS-GRIP wellhead system (5,000 psi) and services for the GROVE […]