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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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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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