LSE Market News

Read on… Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, held its Annual General Meeting today. At the meeting, CEO Steven Snead said: “As our recent full year results demonstrate, Magnolia Petroleum is a cash generative, asset-backed oil and gas company focused on proven US onshore formations. From […]

Drilling at the Mpokoto Gold Project Armadale, the AIM quoted investment company focused on natural resources projects in Africa, has commenced a 2,500m drilling programme in late July and undertake further analysis of the geological work conducted to-date with a view to increasing the current 678,000oz gold resource and optimising the already compelling economics of […]

A miracle is expected to happen on Alfren shares (LSE:AFR), which would make them soar. This is what sensible speculators have been waiting for and they almost would not get disappointed. The market was in a strong downtrend late last year and in January 2015. However, since February, there has been a very tight sideways […]

Valirx stock (LSE:VAL) is not a market in which sellers can currently make money, and therefore, it is useless to them. From January to May 2015, the price moved in an equilibrium zone, and then broke upwards seriously. The price is currently volatile, but things are still in favor of buyers. 4 EMAs are used […]

Joint Industry Project supported by BG, Royal Dutch Shell, Wintershall, Maersk, TOTAL, Tullow Oil, eni, Senergy, and Oil States Industries Inc. Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, known for its safety, time and cost saving capabilities, will launch […]

What are the detials? Rosneft and BP today have signed several agreements strengthening the long term strategic relationship between the two companies, at the St. Petersburg International Economic Forum. Rosneft and BP signed final binding agreements for Rosneft’s sale to BP of a 20 per cent share of Taas-Yuryakh Neftegazodobycha (Taas), creating a new joint […]

£500,000 debt financing, Acquisition update and Share buyback programme Paragon Diamonds Limited, the AIM quoted diamond development company, has announced that it has raised £500,000 of unsecured debt financing, from an investment company. The proceeds of the fundraise may be used to initiate a share buyback programme and to support short term working capital requirements […]

Commencement of Extended Well Test on Wressle Discovery, Onshore UK Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, has welcomed today’s announcement from Egdon Resources confirming the commencement of an Extended Well Test at the Wressle-1 oil and gas well […]

Cap-XX shares (LSE:CPX) have been trending downwards for the past several weeks, and further movement downwards in the next several days would result in a clean Bearish Confirmation Pattern in the chart. The price went upwards significantly within the last days of April and early May 2015, but since then things have been getting bearish […]

Clear Leisure stock (LSE:CLP) is currently making some attempt to go upwards. So far in this month, the market was moving sideways, just as the crab walks sideways, but there is currently a bullish price action in the chart, in the context of the recent turbulence in the market. Where will the price go next? […]