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Tom Frew

Europa's PEDL Licence extended by DECC

13 Jan 2014 @ 10:18
DEEuropa Oil & Gas (LSE:EOG), an AIM listed oil and gas exploration, development and production company focused on Europe, is pleased to announce it has received notification from the Department of Energy and Climate Change that phase 1 of the PEDL 181 Licence has been extended by one year until 30 June 2015. This will […]
 

Empyrean arrange $5m drawdown

09 Jan 2014 @ 13:32
Empyrean Energy (AIM:EME), ae US onshore oil, gas and condensate exploration, development and production company, has arranged a US$5 million drawdown under Tranche B of its facility with Macquarie Bank to fund operations during 2014. The work will include the increased pace of drilling expected on the Sugarloaf AMI, an Eagle Ford Shale oil, condensate […]
 

Anglo Asian issue Azerbaijan update

09 Jan 2014 @ 13:04
Anglo Asian Mining (AIM:AAZ), an AIM listed gold producer in Azerbaijan, has issued positive exploration updates from new drilling undertaken just north of its flagship Gedabek gold, copper, silver mine in western Azerbaijan. Overview: – On-going ~3,000m drilling programme has shown continuation of a high grade gold zone just 400m north of the Gedabek operating […]
 

Sula complete initional Sierra Leone field work

09 Jan 2014 @ 12:59
Sula Iron & Gold (LSE:SULA), a multi-commodity exploration company focussed on Sierra Leone, has completed a detailed ground magnetometer and geochemical soil survey over several of its gold targets at its wholly owned 153 km2 Ferensola Project. The project, which is prospective for both iron and gold is located within the northern sector of the […]
 

Goldplat announce board changes.

09 Jan 2014 @ 12:57
Goldplat (AIM:GDP), the AIM listed gold producer in Africa, has announced that its current Executive Director Mr. Hansie van Vreden has been appointed Chief Operating Officer of Goldplat with immediate effect. This appointment will see Hansie responsible for Goldplat’s gold recovery operations and expansion opportunities in Africa. As previously announced, Dr Robert Pitts Smith stepped […]
 

Magnolia release quarterly operations update

09 Jan 2014 @ 12:45
Magnolia Petroleum (AIM:MAGP), an AIM quoted US focused oil and gas exploration and production company, has released a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Mississippi Lime and the Hunton/Woodford in Oklahoma. Quarter Highlights: · IPRs reported […]
 

Europa complete £2.86m placing

09 Jan 2014 @ 12:39
Europa Oil & Gas (LSE:EOG), an AIM listed oil and gas exploration, development and production company focused on Europe, has completed a placing to raise approximately £2.86 million (before expenses). 47,694,665 ordinary shares of 1 p each (‘Ordinary Shares’) have today been admitted to trading on AIM. Shareholders are reminded that the Open Offer to […]
 

Figeac Aéro joins Alternext

09 Jan 2014 @ 12:28
EnterNext, the Euronext subsidiary, has added Figeac Aéro, specialised in precision machining for the aerospace industry, to its Paris-based Alternext exchange. Founded in 1989, Figeac Aéro is a European leader in aerospace subassemblies, supplying parts to the sector’s largest contenders. The group specialises in structural parts made of light alloys and hard metals, engine parts, […]
 

BP reflect on 2013

06 Jan 2014 @ 13:17
BP have said that 2013 had been its most successful year for new field exploration for almost a decade. During the year, BP has participated in 15 completed wildcat exploration wells which have resulted in seven potentially commercial discoveries, giving a new field exploration success rate of over 40%. Lamar McKay, chief executive of BP’s […]
 

DekelOil accepts Capital Loan Note conversions

06 Jan 2014 @ 13:10
DekelOil (LSE:DKL), the operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has accepted the conversion of four Capital Loan Notes totalling EUR570,000. The Loan Notes will convert into 43,913,713 new ordinary shares of €0.00003367 each in the Company (‘New Ordinary Shares’) at a conversion price of 1.1 pence […]
 
 
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