Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

Additional information
Additional Information
Market: AIM
Sector: Oil and Gas Exploration and Production
Epic: XTR
News: Latest news
Web Site: Xtract Energy
Other Articles: 02-03-201012-02-201020-01-2010

RSS - Subscribe to the News Today on Proactive UK ▼

Tuesday March 16, 11:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Wednesday March 17, 03:46Access Pharmaceuticals’ Cobalamin oral platform could offer new way to administer insulin

This morning, Access Pharma reported that two independent animal studies confirmed earlier findings that Cobalamin offers significant bioavailability of orally delivered insulin

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

FULL ARTICLE ►
Xtract Energy

Xtract Energy

Xtract Energy identifies and invests in a diversified portfolio of early stage energy sector technologies and businesses with very significant growth potential. The company works closely with its management teams to achieve critical project milestones, to finance later development stages and to build and crystallise value for all shareholders and partners.

CLICK HERE FOR FULL ANALYSIS OF XTRACT ENERGY
Tuesday, January 12, 2010

Xtract Energy chief executive ups stake in the company

Xtract Energy’s (AIM: XTR) Chief Executive, Andy Morrison bought 500,000 ordinary shares in the company at a price of 2.75p, and now holds 2.5 million shares, representing 0.31% of the company’s issued share capital.


Earlier this week, the diversified early stage oil and gas investors reported the spudding of the Sarikiz-3 well on the Alasehir license area in south-west Turkey, by its 34% owned Turkish joint venture Extrem Energy. The well has a preliminary pre-drill P50 estimate of 5.75 million barrels of recoverable oil based on a 2 square kilometre area, an assumed net productive pay thickness of 20 metres and a 20% recovery factor. Extrem Energy is Xtract’s exploration and production joint venture with Merty Energy of Turkey.

Xtract also holds a number of other interests, including a 50.01% stake in Elko Energy Inc, a Canadian registered oil & gas exploration company which has interests in exploration and production licences in the Danish and Dutch North Sea.

AddThis Feed Button
Register here to be notified of Proactiveinvestors One2One Forums.

Other Xtract Energy news

More news ►

Investors interested in Xtract Energy recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.