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Rockhopper Falklands oil disovery grows
News Rockhopper Exploration, the company which found oil off the north coast of the Falkland Islands, has seen its shares soar 9.3% this morning following the announcement of a successful well dig.
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Petrofac's LFL growth to exceed 20%
News Oilfield services firm Petrofac expects to deliver like-for-like (LFL) profit growth in 2011 of at least 20%, the company announced this morning.
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President Petroleum well disappoints
News Oil and gas firm President Petroleum delivered a mixed bag in its most recent update on its Louisiana operations, but investors chose to focus on the negative, sending the share price nearly 7% lower.
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Gulfsands revenue hit by new regulations
News Oil and gas firm Gulfsands Petroleum has been hit by new EU sanctions in Syria, where the firm operates, which have prevented the group from engaging in activities, including funding activities, connected with its Block 26 fields, until further notice.
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Improvement continues at Ensor, cautious outlook
News Building materials supplier Ensor posted a 31% rise in half year operating profit, upped its dividend payment 57% but said while the second half has started well, it remains cautious about future trading as economic turmoil in Europe continues.
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Range Resources rises after successful drilling beats targets
News Oil company Range Resources has successfully completed the drilling of the step out QUN 116 well where it encountered around 66 feet of net pay zone.
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Ithaca & Lochard fall on news of delay
News Both Ithaca and Lochard, AIM-listed oil firms, fell on news that one of its Athena project has had to be slightly delayed.
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BG in talks to offload stake in Brazilian unit
News Oil and gas giant BG Group was rising higher early on Friday morning, as market chatter speculated that it may be putting a stake in its Brazilian business up for sale.
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Max Petroleum down on dig failure
News Max Petroleum, the western Kazakhstan-focused oil and gas company, has seen its share price drop this morning on news it has failed to find more hydrocarbons at its ASK-2 well in the Caspian Basin.
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