Both Red Emperor Resources (LSE:RMP) and 88 Energy (LSE:88E) were trading down on Monday despite announcing the spudding of a well at their shared prospect on the North Slope of Alaska. Operator 88...
RNS Responses
Anglo African receives SNPC payment in a positive sign for Tilapia production plans (AAOG)
Anglo African Oil & Gas (LSE:AAOG) advanced 0.5pc to 9.8p on Monday morning after announcing that it has received some of the funds owed to it by the Congolese national oil company. The business...
Red Emperor and 88 Energy-owned Winx exploration well on schedule to spud imminently (RMP, 88E)
Both Red Emperor Resources (LSE:RMP) and 88 Energy (88E) were trading up on Friday after announcing that the spudding of a well at their shared prospect on the North Slope of Alaska is on schedule....
New reserves report shows large jump in President Energy’s Argentinean potential (PPC)
President Energy (LSE:PPC) sat at 9.1p on Friday morning after revealing a significant increase in the oil and gas reserves present across its assets in Argentina. A new, independent hydrocarbon...
Drilling rig mobilises for Red Emperor and 88 Energy-owned Winx exploration well (RMP, 88E)
Both Red Emperor Resources (LSE:RMP) and 88 Energy (88E) were trading down on Tuesday despite making significant drilling preparation progress at their shared prospect on the North Slope of Alaska....
VR firm Immotion sinks after unveiling £3m growth placing (IMMO)
Immotion Group (LSE:IMMO) dropped 16.4pc to 6.8p on Tuesday morning after launching a £3m placing. At 6p per share, the raise takes place at a significant discount to the 10p per share the virtual...
Echo Energy’s share price finds support as Market Cap dips to £30m
With a Market Cap now hovering around £30m, Echo Energy (LSE:ECHO) is looking increasingly cheap at 6.3p. A significant chunk of the current valuation is backed by cash with the company stating it...
Gold continues to move in bear flag and hits resistance – where now?
The spot gold price is once again knocking on a ceiling of resistance having made a recovery back into the $1220s. This latest move follows a retest of the all-important $1200 zone which bulls...
Premier Oil share price tests support after sharp pullback in oil price – is it a buy? (PMO)
Back in March I highlighted Premier Oil (LSE:PMO) as a potential buy at 66p, with a caveat that it might dip to 62p. The stock managed to hold onto its 200 Day Moving Average (DMA) and raced ahead,...
Echo Energy looks oversold as it hugs support line (ECHO)
Echo Energy (LSE:ECHO) recently completed its current drilling campaign with the rig now off contract and demobilised. As it prepares for the next phase of activity, a look at the share price...
Anglo African share price bursts through key resistance line as drill bit continues to turn (AAOG)
As the drill bit turns for a second time, the Anglo African Oil and Gas (LSE:AAOG) share price has continued to build in anticipation, albeit from a lower base level this time. What is notable with...
Amerisur Resources finds further chart support – will it hold? (AMER)
Amerisur Resources (LSE:AMER) has seen its stock price tumble since it announced disappointing news regarding the N-sands at its Pintadillo-1 well. The price subsequently dipped below a long-term...
Is the Coro Energy share price forming a support base? (CORO)
We have covered Coro Energy (LSE:CORO) a few times previously as a speculative play. At present, it is not possible to place a value on the potential of the company with so many unknowns, namely...
Is the Jangada Mines share price on the verge of a turnaround? (JAN)
The share price of Jangada Mines (LSE:JAN) is still languishing well below its recent placing price of 3p. With the stock now at 2.4p I suspect there are a couple of contributing factors. Firstly,...
Avesoro share price continues to recover with positive drilling results (ASO)
Avesoro Resources (LSE:ASO) released an exploration update today including reporting positive drilling results from Ouaré. The company also announced the discovery of two mineralized vein...