Latest
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Tullow Oil seals Suriname deal with Statoil
News Tullow Oil, the independent oil major, has sold a 30% stake in its exploration operations in Suriname to the Norwegian company Statoil.
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Lamprell on track
News Lamprell, a specialist engineering firm serving the oil and gas industry, is progressing in line with market expectations the firm said.
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Cosalt shares collapse as chairman makes discount offer
News Cosalt, the struggling Grimsby-based safety company for the oil and gas sector, is considering an offer from its non-executive chairman.
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Aminex progressing well
News Aminex, the Africa- and US-focused oil and gas firm, has progressed well since the start of July, the firm said.
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Matra Petroleum raises £0.35m
News Matra Petroleum, an independent oil and gas exploration and production company, has raised £0.35m in the second stage of a placing, bringing its total to £1.2m.
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EnQuest on track for FY oil production
News EnQuest, the FTSE 250 exploration firm, said oil production was up 20% in the first half of the year and it was on track to hit full year estimates.
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Heritage cranks up oil output
News Exploration and production firm Heritage Oil saw a 71% increase in the number of barrels of oil produced per day (bopd) between 1 July to 15 November compared to the same period a year ago.
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Parkmead recieves loan to fund acquisition
News Parkmead, an independent oil and gas company, has completed an agreement with XTO UK to acquire a 15% interest in a number of blocks in the North Sea.
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Aurelian shares fall on un-commercial well
News Aurelian Oil and Gas saw its share price fall after reporting that the topmost section of the Horodnic-1 appraisal well is likely to be un-commercial.
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