This morning saw Crusader Resources (LSE:CAS) announce that it has discovered an opportunity to reduce capex costs at its flagship Borborema Gold Project in Brazil, leading shares to sit at 1.65p in afternoon trading. As part of an ongoing bankable feasibility study (BFS), Orway Mineral Consultants (OMC) found that the 2Mtpa project’s ore is amenable to…
Premier Oil (LSE:PMO) edged up 1.2pc to 116.6p today after receiving permission to develop the Tolmount Main gas field, which it has called one of the largest undeveloped gas discoveries in the Southern North Sea. Premier, which is operator and 50pc owner of the project, received the permission from its joint venture and infrastructure partners, and…
Last week saw South America-focused oil and gas firm Amerisur Resources (LSE:AMER) rise after announcing progress at its key Platanillo block in Columbia. After finding that a severe degradation of the cement sheath at its Platanillo-22 workover was holding back production, the firm said it successfully carried out a cement squeeze operation to recover the well. It…
Today, Stratex International (LSE:STI) provided a company update and releases its interim results for the six-month period ended 30 June 2018. We interviewed CEO Tim Livesey where he outlined his vision for the company, and this morning’s update details further progress and board changes. Livesey, alongside CFO Bob Smeeton is refocusing the Group’s activities on early-stage…
With Jersey Oil and Gas (LSE:JOG) continuing to drift lower following news of a delay in the drilling of its much-anticipated North Sea Verbier discovery last month, and the recent dip in oil price, could the firm be worth re-visiting at 173p a share? Last month, the business fell 9pc after announcing that Verbier –…
Since re-listing in June with a fresh focus on the fertiliser market, Emmerson (LSE:EML) has had its share price remain stable, with shares currently sitting at 3.1p, slightly above their placing price. The business’s strategy is as simple as it is potentially effective: to take advantage of an anticipated growth in demand for fertiliser over coming…