Global Invacom shares rocket after it posts a swing to a net profit
A look at some of the biggest London-listed risers and fallers today
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LON:ANGS
Angus Energy is an OGA approved, independent UK onshore oil and gas development, production and operations company. We are focused on leveraging our expertise to advance our portfolio of UK assets as well as acquire, manage and monetise select projects. Angus Energy owns and operates conventional production fields in Brockham and Lidsey. OUR COMPANY FOCUS Safe Operations Environmental Safety & Compliance Increase Production and Recovery of Existing Assets Actively Manage Risks and Costs Through Financial Management And Operational Control Of The Entire O&G Process Portfolio Growth Through Select Onshore Appraisal And Development Projects
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A look at some of the biggest London-listed risers and fallers today
BP saw its first-quarter profits jump by more than expected, while Shell also put up big numbers.
Lidsey-X2 is planned to target the upper crest of the producing Great Oolite reservoir, as well as pass through the Kimmeridge.
Europa’s CEO, Hugh Mackay said: “The remainder of 2017 will see Europa participate in high impact development and exploration projects for which our share of the costs is now funded”
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A look back at the week’s highlighted news for junior oilers
Some of the largest rises and falls in London at 10.00am: SynairGen, BOS Global, Angus Energy
“The company is of the firm opinion that the drilling of the BR-X4Z well, which was approved by the OGA, EA and HSE, did not constitute a breach of the planning consents," Angus said.
FTSE 100 stocks ended higher on Friday, led by telecoms behemoth BT after confirming it would separate Openreach
“We believe that UKOG’s assets are at the early stage of appraisal and that further appraisal and testing have the potential to unlock what we believe to be the most exciting potential new resource the onshore UK oil & gas sector has seen i
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The week ended with explorer Angus Energy updating on the Brockham well
Drill results revealed the characteristics of Brockham to be very similar and in some respects superior to those of the so-called Gatwick Gusher.
"I am very encouraged by the report's conclusions, particularly with respect to the significant further oil recovery that could be obtained from a simple water re-injection scheme,” said UKOG chairman Stephen Sanderson.
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A glance at some of the stories on the Proactive newswire today.
Some of the largest share price rises and falls in London at 3.45pm
“As the operator of the nearby Brockham oil field, Angus can provide invaluable technical insights in tandem with our other partners including UKOG, a major stakeholder in the Horse Hill discovery."
Findings from the recently reopened Brockham well in southern England to open up Britain's onshore oil sector, according to David Lenigas.
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A look at the junior oil and gas market news this week
Archive
A glance at some of the stories on the Proactive newswire today.
We are pleased to have encountered hydrocarbon shows missed in the previous drilling by BP in 1987 in the three Kimmeridge target intervals and are delighted to see encouragement for the predicted analogy to the Horse Hill geology - chairma
A Sound Energy triple and the latest developments from North Sea oiler Hurricane Energy bookend this week’s highlights.
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Angus Energy advances Brockham well near Gatwick Gusher; Deltex Medical sees probe revenue rise again; Anglo Pacific has best year since 2011 as coal price surges; plus much more
The onshore UK oiler is re-entering the Brockham well to boost production and to assess the potential in zones that yielded better than expected results at the nearby Horse Hill well.
In the first-half of next year UKOG will move 11 miles along the road from Horse Hill to the PEDL234 licence area
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Shares have advanced 9% in the past week and are up 18% over the month at 281p
The work is is a re-entry and sidetrack to a hole drilled by BP in 1987
UKOG probably won’t be the first cab off the block as a number of rivals are planning similar exploration programmes.
Broadford Bridge, which like Horse Hill has been estimated to host billions of barrels of oil, is one of a number of new projects planned for 2017 that aim to replicate the standout success of the 'Gatwick Gusher'.
Angus Energy beefs up its share price; Trump looking to back out of climate control accord; dementia overtakes heart disease as main killer in UK
The shares, listed at 6p, got off to an opening premium, trading as high as 8.5p, before settling back to 7.25p. Market makers said there was healthy demand for this IPO.