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FOGLThu, 31st Mar 2011 16:12
Investors in Falkland Oil and Gas (FOGL) hungry for news on the Toroa F61/5-1 exploration well will have to wait an extra week due to "minor operational issues and weather related downtime". The explorer, drilling deep in the sea to the South and East of the Falkland Islands, had been due to updat
Read moreDow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps REGAL PETROLEUM PLC (RPT.LN), an oil and gas exploration and production group, said Monday it is in talks with the Ukrainian government over the legality of
Read moreFalkland Oil and Gas rocketed 29% in early afternoon trade, prompting the oil and gas explorer to issue a statement claiming it knows of no reason for the rally. At the start of this month it said it had started drilling the Toroa F61/5-1 exploration well in Licence PL15, in which FOGL has a 49% in
Read moreThe wife of Falkland Oil and Gas Ltd's non-executive finance director has sold shares at near to an all-time high for the share price. The FOGL share price has been boosted by Rockhopper Exploration's oil discovery in the North Falkland Basin. FOGL is exploring to the south of the Falkland Islands
Read moreRAB Capital has cut its stake in Falkland Oil and Gas Ltd. RAB, which is one of the company's original investors, sold 4.35m shares in the oil and gas explorer. This cut its direct holding to 21.7%. Including warrants and other interests, RAB's underlying stake is 34.1%. The sale was on 22 Febr
Read moreOil explorer Falkland Oil and Gas Ltd says that its partner BHP Billiton is seeking a drilling rig that can be used in the deep water south of the Falkland Islands. The mining and oil giant agreed in the autumn of 2007 to earn a 51% stake in the explorer's licenses to the east and south of the Fal
Read moreArgentina is cranking up the pressure on Britain as the diplomatic row over sovereignty of the Falkland Islands and its potentially vast oil reserves intensifies. Fellow South American states backed attempts by Buenos Aires to stop the UK drilling near the remote islands when they met at the Rio Gr
Read moreLondon's blue chips recovered most of their losses in late afternoon trading and looked like they could be set for a positive finish before turning down again just before the close. Banks such as Lloyds Banking, Royal Bank of Scotland and Standard Chartered remained nervous about the debt situation
Read moreLeading share prices are still holding steady at lower levels as investors await further developments from Dubai. Banks such as Lloyds Banking, Royal Bank of Scotland and Standard Chartered remain nervous about the debt situation in emirate, though the morning's losses have been pared. HSBC defie
Read moreFalkland Islands Holdings has made a £3.1m profit after selling 3m shares in Falkland Oil and Gas. The group, which owns businesses in the South Atlantic territory, offloaded 20% of its stake in Falkland Oil, but still owns 12m shares, or 8.2% of the business. Falkland Oil shares have doubled this
Read moreFalkland Oil and Gas (FOGL) has announced plans to raise £50m from a share placing at 115p to fund its drilling programme in the East Falklands Basin, due to begin in the first half of next year. The AIM-listed company, currently worth £140m, says Oriel Securities will try and find takers for 43.48
Read moreEastern Europe focused retail property investor Carpathian saw profits slide in the six months to 30 June as rental income slumped. The firm, which invests in shopping centres, supermarkets and warehouses in Croatia, the Czech Republic, Hungary, Poland, Romania, Lithuania and Latvia, posted adjuste
Read moreFalkland Oil and Gas has raised £7.6m though a placing at 73p, with troubled fund manager RAB Capital also agreeing to take a hefty chunk of the new shares. FOGL will issue of 10.5m new shares of which 1m are going to to RAB Capital, with its Special Situations fund also taking 1m shares. After th
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