The markets are looking much better this week and there’s been some quite interesting news.
The markets are looking much better this week and there’s been some quite interesting news.
Quite a week and a particularly savage one for those holding the poorer companies. The most positive event was 88 Energy (88E) confirming rig mobilisation for the upcoming Charlie-1 appraisal well.
Some interesting pieces of news in the first couple of days of the week. 88 Energy (88E) confirmed rig mobilisation for the upcoming Charlie-1 appraisal well. Spud now is imminent
It has been another interesting week across the small-cap markets, the FTSE AIM All-Share finally broke last year’s resistance (974), peaking this week at 978.05, before closing at 972.62. A
Another busy week.  Lansdowne Oil & Gas (LOGP) announced its placing: £488,000 at 0.6p to keep the company going until the end of the year.
Lansdowne Oil & Gas (LOGP), which I mentioned at the weekend along with its Barryroe partner, Providence Resources (PVR), announced its placing: £488,000 at 0.6p.
It’s been a particularly interesting week. Starting with Baron Oil (BOIL) about which I said last weekend the only question was the price of the placing, that question was answered
Starting on a positive note, 88 Energy (88E) announced an operations update. The ice road is more than 80% complete, the drill permit has been issued and spud is anticipated
I mentioned Baron Oil (BOIL) last weekend and said I thought there would be a fundraising. The preliminaries for that started on Tuesday with a website update incorporating an old Shell report
Interesting first couple of days. Eco (Atlantic) Oil & Gas (ECO) announced what appeared to be a positive reserves report, but there was a muted market response.
It’s been a busy week.  Hurricane Energy (HUR) issued a trading and operational update and addressed the recent share price weakness, confirming that they are not aware of any subsurface, operational or commercial