Oil and Gas

 Each time the amount gets smaller and each time less is raised. Less than three months since its last fund raise Sefton Resources (LSE:SER) is passing the hat around yet again. This time it has raised £650,000 gross ( call it £620,000 net) with clients of Dowgate Stockbrokers. Lucky them.  The amount raised will cover […]

The Aminex shares (LSE:AEX) are now technically strong, based on the reasons given below. The bull has shrugged off any possible selling pressure in the markets, therefore covering itself with its preferred buying pressure; just as the onion has its preferred costumes all over its body. The shares traded in some tight range from the […]

  Gulf Keystone (GKP): Repeat of Initial 2013  Bear Trap Targets Towards 240p Again Although technical analysis or at least charting is supposed to be based in part on the notion of history repeating itself, you do not actually see many chartists taking advantage of this idea. The reason for mentioning this idea now in […]

I just happen to have this note in my inbox. I agree with its conclusion. And so here goes mightly Goldman Sachs on tiny AIM listed oil stock Northern Petroleum (LSE:NOP). We reiterate a Buy rating and following recent underperformance, we add Northern Petroleum to our Conviction List Buy. We believe that a combination of […]

My twitter feed today is full of tweets from shareholders in US Oil & Gas (USOP) who seem to think they have firm evidence that they are on to a winner. In the immortal words of Don and Phil:”Dream, dream, dream… only trouble is, gee whizz, I’m dreaming my life away.” OK there is a […]

I met up with Paul Atherley, the CEO of AIM listed Leyshon Resources (LSE:LRL) for a brief chat on Wednesday. It came on the heels of a trading statement the other day and a few points came out of that chat. Leyshon is a rare beast on AIM in that it lays out its plans, […]

Here are the latest extracts from Zak’s new premium blog AIM Stocks Charting Xcite Energy (LSE:XEL): Key 50 Day Moving Average Support Targets 120p Plus Given how closely followed Xcite Energy shares are it is probably sensible to hold back on bearish calls so as not to upset the many holders of this stock. But […]

Pumps and valves provider to the oil and gas, mining, and energy sectors, Weir Group (LSE:WEIR), beat market expectations after ending 2012 with annual profits beyond market consensus, pushing shares up on the London Stock Exchange on Wednesday. The FTSE 100 engineering firm gained as much as 5.5% to £22.84 by 13:00 GMT, following the […]

Fully listed Russian Oil producer Ruspetro (LSE:RPO) first came to my attention when it issued a disastrous profits warning at 6.3 PM on the Friday of New Year week. It thought no-one would notice? I did. Coming just six weeks after an upbeat trading statement that RNS was a horror. Then there was the announcement […]

Energy giant Centrica announces report highlighting its economic benefits Multinational utility company Centrica contributes £14.1bn to the UK economy according to a report by Oxford Economics. Published ahead of the companies full-year results, which are expected to show a 15% rise to £2.77bn, Centrica are hoping the report will fend off public criticism over profits […]