Mon, 16th Jan 2012 16:29
Premier Oil, which operates in the North Falkland Basin, has awarded an engineering and design contract to oil services group AMEC. Rockhopper, which owns a 40% interest in the Sea Lion field, part of the Falkland Basin, said the front end engineering and design (FEED) contract to AMEC, was made as
Read moreLONDON (Alliance News) - Rockhopper Exploration PLC said it swung to a pretax loss in its recently completed financial year, due to a significant exceptional gain the prior year. For the year ended March 31, the oil and gas exploration company reported a pretax loss of USD16 million, compar
Read more(Adds statement from Ocean Rig UDW) LONDON, June 4 (Reuters) - Energy companies active in the Falkland Islands have leased a rig for their 2015 drilling programme, paving the way for oil and gas exploration to continue next year in the region contested by Britain and Argentina. London
Read moreLONDON (Alliance News) - Premier Oil PLC said Wednesday it has signed a rig contract and rig sharing agreement for its Falkland Islands exploration and appraisal campaign, for which it expects to commence in the second quarter of 2015. The rig has been contracted by Premier Oil for the Isob
Read moreLONDON (Alliance News) - UK shares have opened mostly lower, with small-caps slightly outperforming Wednesday ahead of the Queen's Speech and further European economic data.
Starting the trading day on a negative note, Tesco PLC reported a sharp drop in sales in the
LONDON, June 4 (Reuters) - Oil explorer Premier Oil said it has contracted a rig for its exploration programme in the Falkland Islands where it will drill at least four wells starting in the second quarter of next year. The energy firm also discovered more gas at its Tuna Block offshore In
Read moreAccesso Technology Group: Numis initiates with a target price of 690p and a buy recommendation. Alternative Networks: Westhouse Securities upgrades from add to buy with a target price of 540p. Astra Zeneca: Deutsche Bank raises target price from 3800p to 3950p and keeps a hold recommendation. AVE
Read moreFalkland Island-focused oil explorer Rockhopper Exploration has agreed to acquire AIM peer Mediterranean Oil & Gas (MOG) in a 29.3m-pound cash and shares offer. Rockhopper has offered MOG shareholders 6.5p per share, of which three-quarters is in cash and the remainder represented by an offer of 0
Read moreLONDON (Alliance News) - Barclays was Friday fined GBP26.0 million by UK regulators for failings surrounding the London Gold Fixing, while one of its former traders has been banned for trying to influence the price-setting process just one day after the bank was fined for its
Read moreLONDON (Alliance News) - Rockhopper Exploration PLC has agreed to acquire fellow AIM firm Mediterranean Oil & Gas PLC in a deal announced Friday that values Mediterranean Oil & Gas at GBP29.3 million and will create an oil and gas company with a market value of GBP294.5 million. Mediterrane
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