Mon, 04th Aug 2014 15:05
Aug 4 (Reuters) - Oil and gas company Max Petroleum Plc , which started a strategic review of its operations last week, said it had sold a 51 percent stake in the company and raised 37.1 million pounds ($62.4 million). Shares in the Kazakhstan-focused company rose as much as 32 percent in t
Read moreJuly 22 (Reuters) - Oil and gas company Max Petroleum Plc said it was reviewing strategic options, including a sale. The London-listed firm, which has majority of its operations in Kazakhstan, said it had appointed Blackstone Group International Partners LLP as the exclusive financial advi
Read moreMax Petroleum shares spurted higher on Tuesday after the Kazakhstan-focused company said it would save $4 a barrel following the commissioning of a new oil pipeline that will connect its Zhana Makat field with the regional oil export pipeline. The annual transport cost savings are expected to total
Read moreShares in oil and gas company Max Petroleum pulled back sharply on Thursday after an strong leap earlier in the week despite the company reporting a solid update on its reserves levels at the March year-end. At the end of March 2014, the group had an estimated 9.5m barrels of oil equivalent (boe) i
Read moreLONDON (Alliance News) - Lonmin Thursday said it has reached a tentative deal over wages and working conditions with the leadership of the union that has brought the South African platinum mining industry to a halt for several months.
In a statement, the company sai
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
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ITV, up 2.7%. ITV's shares have spent June trading in tight ranges, and Libe
LONDON (Alliance News) - Max Petroleum PLC shares slumped on Thursday as it said its proved and probable reserves, which include new drilling results from 35 wells, have fallen significantly when compared to the previous year. The Kazakhstan-focused oil and gas company said the competent pe
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