Jersey Oil and Gas (LSE:JOG) fell over 10% today on news that the drilling of the Verbier appraisal well is now expected to take place mid to late Q4 2018rather than the previous estimate of late Q3...
Market Flashes
Ophir Energy finds some technical support – can sentiment return? (OPHR)
Ophir Energy (LSE: OPHR) has seen its share price in strong decline since it peaked at 564p (post-consolidation adjusted figure) in 2012. The stock appeared to find a base in 2016 around 64.5p...
Gold scrambles to hold weekly support – is a rally next? (GOLD, DXY)
Gold bulls have had a rocky ride since the precious metal gave up on trying to break long-term resistance at $1350. The fall gathered significant pace, and three weeks ago, gold bounced off the...
Bowleven: Still time for a climb ahead of appraisal results? (BLVN)
Shareholders of Bowleven (LSE:BLVN) are awaiting appraisal results of the IM-6 well at the Etinde block in Cameroon, which spudded in May. Drilling and logging are expected to take around 100 days...
Is it time to follow Tracarta and buy Ironveld as it revisits all-time lows? (IRON)
The share price of Ironveld (LSE:IRON) has fallen to a lowly 1.7p after hitting recent highs of 2.6p in May. News of insider selling from non-exec Rupert Fraser has hurried Ironveld’s price descent,...
Cup & Handle pattern points to continued rise for Touchstone Exploration (TXP)
Touchstone Exploration's (LSE:TXP) share price has steadily climbed over the past six months in response to its production growth. With the share price topping 18p yesterday, the market...
Chariot Oil and Gas share price drifts lower – what’s holding it back? (CHAR)
The current share price of Chariot Oil and Gas (LSE:CHAR) of 7.95p is a far cry from the highs of around 23.5p hit 6 months ago. While the discount appears to push the stock into bargain territory,...
Buy signal ahead of drilling activities for gold play Stratex? (STI)
Stratex International’s (LSE:STI) share price is still in the doldrums after infighting between its old board and shareholders disrupted the company last year. Since then, Stratex has brought in new...
Coro Energy dips: another chance to enter well below placing price? (CORO)
Echo Energy’s (LSE:ECHO) sister company Coro Energy (LSE:CORO) has been drifting as investors await news on deals and potential acquisitions. If Echo’s recent progress is anything to go by, things...