‘My full focus is on the drilling of TLP-103’: VTM talks exclusively to Anglo African’s new CEO James Berwick #AAOG

On taking the helm at Anglo African Oil and Gas (LSE:AAOG) at the end of January, new CEO James Berwick immediately saw the potential. At the time of his appointment, the firm was reeling from a difficult first eight months on AIM. However, the foundation was in place to drive the company forward. Although there were…

Providence and Lansdowne Barryroe farm-out to the Chinese, good news but buyer beware (PVR LOGP)

Providence Resources (LSE:PVR) and Lansdowne Oil & Gas (LSE:LOGP) both surged today after announcing the highly anticipated farm-out of their co-owned licence over the Barryroe oil site based off the south coast of Ireland. A consortium led by privately owned Chinese company APEC has been assigned a 50pc working interest in the SEL1/11 licence that…

Minor certification delay at Harvest Minerals presents buying opportunity following $2m sales order (HMI)

Harvest Minerals (LSE:HMI) saw its share price dip to 19.5p today after announcing a slight delay to the certification process for its multi-nutrient fertiliser product KPfertil. With the firm recently agreeing a game-changing $2m sales order for the fertiliser, this temporary weakness could provide a decent buying opportunity. In the announcement today, Harvest said the…

Presentation and Q&A; Paul Baay describes why 2017 was transformational for Touchstone Exploration and the company’s 5,000bopd target (TXP)

In an exclusive presentation by Touchstone Exploration (LSE:TXP), President and CEO Paul Baay discusses the company’s 2017 final results and ongoing operations. Since the start of 2018 Touchstone has achieved average production of 1650 bopd, a significant increase on the 1375 bopd average for 2017. With its ten well drill programme underway, the company is…

Touchstone Exploration becomes profitable at PLC level in ‘transformational’ 2017 (TXP)

Touchstone Exploration (LSE:TXP) became profitable at the Plc level last year in what the firm is calling a ‘transformational’ 12 months for its operations. The business, which dual-listed in June last year, generated free funds from operations of $3.1m during 2017. This figure is after all operational costs, taxes, royalties, and all Plc overheads had…