Back on Sept 5th.
2011 August
GKP – Shaikan-2 Triassic Discovery
Further good news from GKP after last weeks SA-1 oip estimates. SH-2 tests in the triassic have come in good with great api oil and decent flows. This is the first clear evidence beyond what has already been proven with SH-1. Further tests will follow on Jurassic targets. This recent discovery will boost the p90 …
Market Roller Coaster About to End?
Some interesting correlations in the below article with 2010 and the recovery that followed. …………………………………………………………………………… By Jeff Kleintop, Contributor to TheStreet , On Tuesday August 16, 2011, 10:04 am EDT The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news …
Fitch affirms U.S. at AAA, outlook stable
Fitch gives S&P the finger and reaffirms triple A rating. I wouldn’t imagine it would be too long before Moody’s follow suit. Earlier today, Industrial production data jumped by 0.9% which exceeds the 0.4% increase that had been anticipated, but is also the strongest rise in nearly three years. If the US economy continues to …
Rockhopper – Prospective Resources Update
You can almost feel the speed / haste in this RNS. Rockhopper management are working very hard to fast track the companies SP back to ‘value’ levels whereby they can then conduct / agree a meaningful ‘placing’ to raise the funds required for the next exploration/appraisal phase. This is no secret. RKH board have already …
CAZA release Q2 results and Ops update.
Good update and second quarter from CAZA. With increased cash generation from growing production and a large cash balance of circa $24mln, it really does make the company look ridiculously cheap with a current market cap of just £30mln based on 20p per share. They look on track to grow production and boost quarter revenues …