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There was a glimmer of positive economic news from the US this week with encouraging manufacturing data. All eyes are still on the employment numbers as the sluggish jobless recovery has threatened to hamper consumer confidence.
Full story...With its projects in the FSU on hold AIM Listed Victoria Oil & Gas diversified into the gas market in Cameroon in West Africa to establish some production and cash flow. It has taken rather longer to do this than expected because
Full story...A little good news for Sterling Energy shareholders to end the summer: the Kurdistan explorer has successfully completed repairs to its Sakson rig and drilling is once again underway on the Sangaw North-1 exploration well. The
Full story...Syria has long been the power house of growth at Gulfsands Petroleum, which has discovered and developed two oilfields in the northeast of the country and is chasing down an inventory of follow-on prospects and leads. This
Full story...Petro Matad has announced that the Davsan Tolgoi-2 exploration well in Mongolia was spudded on August 28. It is being drilled vertically to an estimated target depth of approximately 1,300m by the Chinese company Ansai Yuehua Oil
Full story...Petroneft Resources knows the oil in its development acreage in Russia is there. It knows that it can get it out. It has taken longer than expected to do this but its latest operations update says it now has meaningful first
Full story...There were some positive snippets for investors in the pre-close statement issued by Chariot Oil & Gas at the start of the week. For openers, the companys dataroom, which is marketing the companys Namibian acreage to potential
Full story...Shares in Northern Petroleum, which have suffered over the summer, ticked up at the end of last week as the AIM-quoted company provided a positive operational update. Key to this fillip, which lifted the shares by 4.5 per cent
Full story...With investors still awaiting news of testing from the companys first sub-salt well in European Russia, AIM-quoted Volga Gas was able to provide some good news on its stalled Vostochny Makarovskoye project. Readers may remember
Full story...The slow recovery in the global economy and particularly in the US is keeping oil prices stagnant. Despite hopes of increased demand a few weeks ago, the bulls are keeping quiet in this traditional holiday period. In early
Full story...When we wrote about Cadogan Petroleum, the LSE main board listed group focused on Ukraine, last May it seemed to be in a real mess. The company floated two years. The IPO was meant to signal the beginning of a new period in the
Full story...There was a time a good ten years back when Tullow Oil, Cairn Energy and Dana Petroleum were bracketed together as UK independents seeking to make their mark. Tullow and Cairn were struggling to make headway in Southeast Asia
Full story...Bowleven had its IPO on Londons AIM in 2004 but what with boardroom battles and management wrangles its labours on its prospective assets in Cameroon have not got very far, until now.
Full story...With contingent reserve estimates of 11.8 trillion cubic feet of gas and an acreage position that makes it one of the largest unconventional gas permit-holders in Western Europe, including shale gas potential, Perth-based
Full story...The dust has now cleared. AIM-listed Resaca Exploitation will not now be merging with fellow Permian Basin, Texas, in the US, oil and gas developer, Amex listed Cano Petroleum. Early in July Resaca said that it was actively
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