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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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Encore shares rise despite delay
News EnCore Oil's share price rose 1.94% to 79p despite the firm announcing that operations on the Tudor Rose well 14/30a-5 in Central North Sea block 14/30a had been delayed by 13 days as a result of bad weather and minor operational delays.
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Rockhopper sees great results at Sea Lion field
News Rockhopper Oil, the Falkland Islands focused exploration company, has said it is just one well away from completing its "very successful" appraisal of the Sea Lion field.
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Faroe and Centrica complete sidetrack well
News Faroe Petroleum, an independent oil and gas company, has reported the completion of a successful initial side-track well on the Butch oil discovery, in which it has 15% stake, located in the Norwegian North Sea.
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Cosalt thrown £5m lifeline by suitor Ross
News Cosalt, the Lincolnshire based company which provides life jackets and safety harnesses for the oil and gas industry has seen its shares jump 28% this morning on news of a new credit facility.
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Petroceltic shares jump on successful well test
News Petroceltic International, the North Africa-focused oil and gas company, says a well test at its Ain Tsila field in Algeria has produced "excellent flow results".
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