Well worth a read. I’ve not seen many E&P’s out there that have 28mmboe in 2p reserves, production, cash flow positive and debt free with a market cap of just £65mln. The mind boggles. Perhaps a predator like TAQA, IAE or Premier etc might fancy a dart at them especially with close to $200mln in …
2012 December
Antrim/Premier – Cyclone duster
Not great news for Antrim shareholders. Any success on this well would have seen a very decent mark up on the share price and bolster the companies resources/ops for the future. But judging by the sp over the last few weeks, the market certainly took no interest in the well as zero was priced in. …
Autumn Statement: how does it affect your pocket? – Telegraph
Investors will be able to add AIM listed stocks to their ISA’s when the new Tax year kicks in on April 6th 2013. This should help the smallcaps. The savings threshold is set to increase too. ……………………………………………………………… 1:08PM GMT 05 Dec 20121 Comment Pensions tax The lifetime allowance for tax-free pension savings is to be …
Plane Incident Highlights Tensions Between Iraq, Turkey
Picture the scene… Major oil companies like Shell, Chevron, Exxon and Total rub shoulders over tea and coffee at the Erbil Oil&Gas conference. A major announcement is expected with regards to Turkey and Kurdistan. The whole day’s conference has been building a crescendo to this event – the potential revealing of a massive oil/pipeline deal. …
2012 Hotlist Results – Week 48
Week 48 of 2012 The markets side stepped their way through week 48 with the Dow closing just 16pts higher than last week at 13025 – but still above the 13k level. The FTSE 100 fared better, closing up 53pts at 5867. With November out of the way – investors will be wondering whether a …
Richard Chandler Corp. Announces Investment in WesternZagros Resources Ltd.
Further to the earlier story posted today – Richard Chandler confirmed they have taken on 15.21% of Taqa’s reported 18% equity sale in WZR. This leaves just under 3% (under the formal declaration level) in other hands. It’s unclear how this relationship might mature for WZR but the far east connection could have some sway …