Alternative Investment Market Latest News

Thursday, July 2, 2015

Red Emperor Resources announces notice to commence drilling of Hawkeye-1

Red Emperor Resources NL (ASX | AIM: RMP) is pleased to announce that it has been advised by Joint Venture partner and Operator, Otto Energy Limited (ASX: OEL), that it has issued Maersk Drilling with a formal notice in respect of the mobilisation of the Maersk Venturer ...
Asia Far East | Thursday, July 2, 2015

Wednesday, July 1, 2015

Sterling Energy - Company snapshot

Sterling Energy's $117m cash appears markedly under-represented in its market cap of £39m ($62m). Against this cash the group has $30m (£19m) of commitments, a $22.7m (£14.19m) abandonment liability for the Chinguetti field in Mauritania, and a further ...
Africa | Wednesday, July 1, 2015

Tuesday, June 30, 2015

Frontera Resources releases 2014 annual results

Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR), an independent oil and gas exploration and production company, today releases its audited final results for the year ended 31 December 2014. 2014 Annual Results: Highlights Revenues from ...
West Europe | Tuesday, June 30, 2015

Northcote Energy commences operations at Lutcher Moore #20 well, increases interest to 93%

Northcote (AIM: NCT) is pleased to announce that the drilling crew is on-site and operations have now commenced at its planned Lutcher Moore ('LM') #20 well targeting the Frio formation on its 70% owned Shoats Creek project. The well will be drilled to a total depth of ...
North America | Tuesday, June 30, 2015

Sirius Petroleum releases 2014 final results

Sirius (AIM:SRSP), the investing Company focussed on oil and gas development and production opportunities in Nigeria, announces its Final Results for the twelve-month period ended 31 December 2014. During the period, the Company's focus has been on reviewing the opportu ...
Africa | Tuesday, June 30, 2015

Monday, June 29, 2015

Lekoil announces resignation of Chief Financial Officer

Lekoil (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa more generally, announces that by mutual agreement David Robinson, the Company's Chief Financial Officer, is leaving the Board, and the Company, with immediate ...
West Europe | Monday, June 29, 2015

Egdon Resources agrees farm-out of PEDL143, Weald Basin, UK, to UK Oil & Gas Investments

Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement in respect of a farm-out of Weald Basin, Petroleum Exploration and Development Licence PEDL143 to UK Oil & Gas Investments PLC. PEDL143 contains the Holmwood Prospect, which the PEDL143 ...
West Europe | Monday, June 29, 2015

Northcote Energy breaks even with divestment of interest in East Blackwell

Northcote (AIM: NCT) is pleased to announce that, in line with its strategy to dispose of certain non-core assets in its portfolio, it has sold its 100% working interest in the East Blackwell Skinner Sand Unit in Kay County, Oklahoma to a private party for US$75,000 in ...
North America | Monday, June 29, 2015

Friday, June 26, 2015

Kea Petroleum announces proposed disposal of assets

The Company has conditionally agreed to sell its 70% interest in PEP51153, the licence which includes the Puka wells and the Shannon prospect, to Caliera Fund Limited, a privately owned New Zealand company, for NZ$500,000 (approximately £222,550). That disposal, i ...
West Europe | Friday, June 26, 2015

Circle Oil provides update on LAM-1 well, Morocco

Circle Oil Plc (AIM: COP), the North African focused oil and gas exploration, development and production company, is pleased to provide an update on the progress of the LAM-1 well on the Lalla Mimouna Permit, onshore Morocco. LAM-1, the first well drilled by Circle on ...
North Africa | Friday, June 26, 2015

Tuesday, June 23, 2015

PetroNeft Resources announce 2014 final results

PetroNeft (AIM: PTR) owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its final results for the year ended 31 December 2014. In addition, PetroNeft announces that the Company's Annual Report and Accounts for the year ended ...
Russia FSU | Tuesday, June 23, 2015

Monday, June 22, 2015

Antrim Energy announces well abandonment campaign

Antrim Energy Inc. (TSX VENTURE:AEN)(AIM:AEY), an international oil and gas exploration company, today announces that its United Kingdom subsidiary, Antrim Energy (Ventures) Limited, has entered into a contract with Offshore Installation Services Ltd. to permanently plu ...
West Europe | Monday, June 22, 2015

Friday, June 19, 2015

Urals Energy announces final results for 2014

Urals Energy PCL (AIM: UEN), the independent exploration and production company with operations in Russia, is pleased to announce its audited financial results for the year ended 31 December 2014. Leonid Dyachenko, Interim Chief Executive Officer, commented: '2014 has ...
Russia FSU | Friday, June 19, 2015

Thursday, June 18, 2015

Egdon Resources commences extended well test on Wressle discovery, onshore UK

Egdon Resources plc (AIM:EDR) is pleased to announce the commencement of an Extended Well Test at the Wressle-1 oil and gas discovery in licence PEDL180, located to the east of Scunthorpe, where Egdon operates with a 25% interest. During initial testing, the Wressle-1 ...
West Europe | Thursday, June 18, 2015

Wednesday, June 17, 2015

Wentworth Resources announces completion of drilling operations at MB-4 development, Tanzania

Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, is pleased to announce the completion of drilling operations at the MB-4 development well in the Mnazi Bay Concession, southern Tanzania. The MB- ...
Africa | Wednesday, June 17, 2015

Wednesday, June 10, 2015

Northern Petroleum environmental impact assessment for 3D seismic data gains approval

Northern Petroleum, the AIM quoted oil company focusing on production led growth, announces that its environmental impact assessment for the acquisition of 3D seismic data across the Giove undeveloped oil discovery and the Cygnus exploration prospect in the southern Adr ...
East Europe | Wednesday, June 10, 2015
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