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A lot of companies are battening down the hatches in readiness for what is shaping up to be a difficult year ahead. Banks are nervous about lending, economies are shrinking and demand for oil is falling. The oil barrel price has
Full story...Leed Petroleum, which is based in the US but quoted on London’s AIM, specialises in low risk /low cost development and exploration opportunities in the US, Gulf of Mexico. It has more than 15 Outer Continental Shelf (OCS) Gulf of
Full story...AIM-quoted Gasol plc has set itself a fairly difficult task in commercialising opportunities arising from Africa’s emerging gas sector. Though North Africa is now firmly established as one of Europe’s leading natural gas
Full story...There has been some good news and some not so good news from ASX and AIM listed Oilex Ltd about its various assets in an operations update. First the not so good news, well perhaps mixed news are better words, comes from its
Full story...It was announced on December 1st that Rivington Street Holdings (RSH) is buying Oilbarrel.com. RSH is a media group chaired by Malcolm Burne, the fund manager and director of a number of resources companies in Canada, Australia
Full story...Not so long ago, in the heady summer days of 2008 when oil prices were soaring, the measure of skill for any aspiring E&P company was pinning down a rig to drill a well.
Now, it seems, raising finance in what has become a
Full story...While the City weather may have been cool outside, talk of exotic destinations such as the Gulf of Thailand and the Bahamas may have helped improve the mood of investors inside The Brewery during the 22nd Oilbarrel.com
Full story...Another packed house, Oilbarrel’s 22nd conference offered some crumbs of comfort to investors still left scratching their heads as to where it all went wrong. At the previous event, held in September, at the now familiar venue,
Full story...Oil this week has recovered from its recent flirtations below US$50, currently trading around US$55 per barrel in New York. Against this vaguely encouraging background, there was a remarkably good five trading days from the main
Full story...All eyes were on the state of the global economy as oil ministers headed to Egypt for a consultative meeting this weekend. Analysts and traders appear resigned to the fact that any decision taken can have little impact. The mood
Full story...One of the main stories of recent weeks has been how the global financial crisis has impacted on oil project development plans. This is especially so at the top end of the energy chain with large oil and gas schemes in the Middle
Full story...Coastal Energy, the London AIM and TSX Venture listed junior, having announced it had struck maiden oil on its acreage in the Gulf of Thailand has now reported that a second development well, the Songkhla A-03, has been
Full story...AIM-quoted Nighthawk Energy signaled its intentions yesterday to actively push ahead with its US development plans raising an extra £5 million through a share placing.
Full story...Yes, we know falling oil prices and the general economic turmoil have wasted the share prices of small cap oil and gas companies not just in the UK but also in Australia and Canada. Even so the hammering that ASX-listed Salinas
Full story...Tethys Oil is a Swedish junior company interested in looking for assets to develop. It was formed in 2004 to concentrate on exploring and developing neglected fields in Western Europe because of the low political risk. Having
Full story...
ADMIRAL BAY REPORTS RECORD PRODUCTION AND REVENUE FOR FISCAL 2008 AND RECORD PROVED RESERVES AT YEAREND
