Week 46 of 2012 The markets are at their ugliest when they ‘want’ something done. There’s no doubt it – toys out of the pram often works in these ‘childish’ times. The correction in equities across the US indices and Europe is adding pressure to the Politicians – The message is loud and clear to …
2012 November
Serica Energy – Q3 2012 Results
Serica looks in good shape, debt free and sufficient cash in the bank for next 12 months. That said – the company does hint that it may entertain a sale of interests across some assets – namely Columbus. This could get very interesting for shareholders as the market has not priced much in for this …
Afren goes quiet on Simrit-2
A comprehensive IMS from Afren – but with one gapping hole… where’s the progress update on Simrit-2 tests? Ultimately – Afren are tied by the operator HUNT Oil. It’s Hunt’s call on whether news gets released and Afren simply have to tag along with it. It wasn’t that long ago that thesharehub highlighted the potential …
Antrim Provides Operational Update of Causeway Field, UK North Se
Historic moment for AEY holders as the company at last gets first oil flowing from the Causeway Field. Antrim is making steady progress and whilst still some distance from hitting attractive Bopd levels – the drill bit is turning on the exploration front and could deliver some upside opportunities neat term. Doubts over Fyne licence/area …
2012 Hotlist Results – Week 45
Week 45 of 2012 The Fed Reserve and Markets are supposed to be impartial when it comes to politics. But both appear to have been behind Obama’s challenge for a second term. The Fed Reserve launched QE3 which had an immediate effect on Markets which in turn delivered a bullish run through the Autumn months …
San Leon – Recommended merger of Aurelian Oil & Gas
It’s like russian dolls with San leon management at present. How many times can a company fit a doll within a doll? At least one thing seems to be improving and that’s the size of the doll and the price paid. In August last year, San Leon merged with Realm Energy International in a deal …