Rockhopper Share News (RKH)

Rockhopper Exploration Provides Update On Sea Lion Development

LONDON (Alliance News) - Rockhopper Exploration PLC said Thursday it expects capital costs for Phase 1 of the Sea Lion development to reach USD5.2 billion, in an update to shareholders. The North Falkland Basin oil and gas exploration company said in a statement to shareholders ahead of a c

Rockhopper sees Sea Lion producing 293m barrels over 25 years

Falklands-focused oil and gas exploration group Rockhopper disclosed that the first phase of its Sea Lion development was expected to recover 293m barrels of oil over 25 years. The announcement came ahead of the update which Premier Oil was scheduled to give at a Capital Markets Day. As per the T

UK BROKER RATINGS: Barclays Raises JD Wetherspoon To Overweight

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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BARCLAYS CUTS BG GROUP PRICE TARGET TO 1350 (1370) PENCE - 'EQUAL WEIGHT'
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BARCLAYS RAISES RSA INSURANCE

Wednesday broker round-up UPDATE

Afren: Westhouse Securities ups target price from 165p to 180p retaining a buy recommendation. Amlin: Nomura lowers target price from 467p to 442p maintaining a neutral rating. ARM Holdings: Jefferies reduces target price from 1300p to 1140p, while keeping a buy recommendation. Deutsche Bank cuts

UK MORNING BRIEFING: Insurers In Focus As Stephen Hester Joins RSA

LONDON (Alliance News) - Shares have continued their slide at the open Wednesday, despite a positive close overnight on Wall Street.

Brokers have been taking a look at UK insurers after RSA Insurance sprung a positive surprise late Tuesday by appointing turnaround a

UK MORNING BRIEFING: Shares Open Lower; Shell Makes Disposal

LONDON (Alliance News) - UK shares have opened mostly lower Monday, following a disappointing GDP report from China.

Shell has grabbed attention at the start of a second straight trading day, revealing that it will sell its interest in the Wheatstone-Lago joint vent

Rockhopper Says Finance Director To Step Down, Seeking Successor

LONDON (Alliance News) - Rockhopper Exploration PLC Monday said Finance Director Peter Dixon-Clarke will step down early in 2014, but it is already advanced in its efforts to find a successor. The company said it still has to agree Dixon-Clarke's leaving details, but expects him to stay on

Sunday share tips: Royal Mail, N Brown, Revolymer

The public's conversion to online Christmas shopping is likely to have served Royal Mail well, the Sunday Times's Danny Fortson wrote. Fortson, in his Inside the City column, said sales growth at online fashion retailer Asos showed the potential size of the market for online shopping. Royal Mail pub

UK BROKER RATING CHANGES: Goldman Raises View On Insurance Sector

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:
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FTSE 100
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SOCGEN STARTS MORRISON WITH 'SELL' - TARGET 200 PENCE
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SOCGEN CUTS PRICE TARGET TESCO TO 270 (290) PENCE -

UPDATE: Premier Oil Expects Higher Revenue; Progresses With Rockhopper

LONDON (Alliance News) - Premier Oil PLC Thursday said it expects higher sales from 2013 as total production increases, but noted that profits will be hit by impairments. The UK-based exploration and production company said that it expects total revenues for 2013 to be in the order of USD1.

Premier Oil says 2014 output could be flat

* Expects to pump 58,000-63,000 boepd this year * Compares with expected 58,200 boepd for 2013 * Shares down 2.9 percent LONDON, Jan 16 (Reuters) - Britain's Premier Oil indicated its output could be flat this year and at most would grow by 8 percent, as it took account of main

UK MORNING BRIEFING: Shares Down; Sports Direct Ups Interest In Debenhams

LONDON (Alliance News) - UK shares have opened mostly lower Thursday despite a strong lead from the US, as investors digest a rush of UK company announcements.

In another surprise from Mike Ashley, Sports Direct International said it has sold its 4.6% stake in Read more

Thursday broker round-up UPDATE

AstraZeneca: Alphavalue lowers target price from 3169p to 3087.7p and downgrades from reduce to sell. British American Tabacco: Panmure Gordon reduces target price from 3800p to 3200p and downgrades from buy to hold. Britvic: Investec ups target price from 600p to 672p and maintains a hold recomme

Rockhopper will not return cash until Sea Lion costs are clearer

Falkland Islands oil & gas group Rockhopper Exploration announced progress in developing its Sea Lion field and a tax deal with the islands' government as it posted lower half-year losses. But the group, which has investor approval to buy back a tenth of its shares, said it would not be able to con

BROKER RATING CHANGES: Goldman - Buy Gulf Keystone, Rockhopper