24/10/2014 12:55:55 Free Membership Login

Afren News (LSE:AFR)

DateTimeSource
Headline
10/20/20141:38AMALNCPRESS: Afren Potential Takeover Target For Nigerian General - Telegraph
LONDON (Alliance News) - Speculation is intensifying that FTSE 250 oil and gas explorer Afren PLC could become the target of a takeover bid after filings revealed a company founded by a former Nigerian general has amassed a significant shareholding in the business, The Daily Telegraph reported on Saturday. South Atlantic... More...>>
10/14/20142:42AMALNCAfren Confirms CEO, COO, Associate Directors Fired After Payments Review
LONDON (Alliance News) - Afren PLC Tuesday confirmed that it has terminated the employment of Chief Executive Osman Shahenshah and Chief Operating Officer Shahid Ullah with immediate effect, firing them for gross misconduct based on evidence found by a review that unearthed irregular payments and starting legal proceedings... More...>>
10/14/20141:47AMALNCPRESS: Afren Fires CEO, COO After Payments Inquiry - Bloomberg
LONDON (Alliance News) - Afren PLC has fired its chief executive officer and chief operating officer for gross misconduct following an investigation into unauthorised payments, Bloomberg reported on Tuesday. Citing an emailed statement from the company dated Monday, Bloomberg said Afren has fired both Osman Shahenshah... More...>>
10/02/20142:29AMALNCAfren To Return To Normal Staffing Levels At Kurdistan Fields
LONDON (Alliance News) - Afren PLC Thursday said it has started the process of returning to normal staffing levels at the Barda Rash field in the Kurdistan Region of Iraq following an improvement in the security situation in the region. Afren had said on August 8 it would temporarily suspend operations at Barda Rash due... More...>>
09/30/201412:23PMALNCAfren Review Continues, But No New Unauthorised Payments Unearthed
LONDON (Alliance News) - Afren PLC Tuesday said it now expects Willkie Farr & Gallagher (UK) LLP to deliver its detailed report into alleged evidence of unauthorised payments that were potentially for the benefit of some of its executives by mid-October, and so far the review hasn't uncovered any evidence of further unauthorised... More...>>
08/29/20144:11AMALNCAfren Pledges Production Ramp Up, After Profit Drops In First Half
LONDON (Alliance News) - Afren PLC, the oil and gas explorer and producer embroiled in a probe into alleged unauthorised payments that potentially benefited company officials, Friday said it expects to come out stronger once the issues are cleared up, after it reported lower profit for the first half of the year and lowered... More...>>
08/29/20144:11AMALNCAfren Pledges Production Ramp Up, After Profit Drops In First Half
LONDON (Alliance News) - Afren PLC, the oil and gas explorer and producer embroiled in a probe into alleged unauthorised payments that potentially benefited company officials, Friday said it expects to come out stronger once the issues are cleared up, after it reported lower profit for the first half of the year and lowered... More...>>
08/28/20146:36AMALNCAfren Suspends Associate Directors As Payments Probe Continues
LONDON (Alliance News) - Afren PLC Thursday said it has temporarily suspended associate directors Iain Wright and Galib Virani, as its probe into alleged unauthorised payments that potentially benefited company officials continued. The company suspended Chief Executive Osman Shahenshah and Chief Operating Officer Shahid... More...>>
08/09/201410:01AMDJNKurdistan Says Oil Production Remains Unaffected by Militant Push
By Summer Said Oil production in Iraqi Kurdistan remains unaffected despite advances by Islamic State militants nearby that have led some energy companies to halt operations in the semiautonomous region, its Ministry of Natural Resources said Saturday. Oil companies have begun evacuating staff and suspending operations... More...>>
08/08/20144:33AMALNCUPDATE: Afren Suspends Kurdistan Field Operations Due To Rising Tensions
LONDON (Alliance News) - Oil and gas explorer and producer Afren PLC Friday said it had decided to temporarily suspend operations at the Barda Rash filed in the Kurdistan region of Iraq due to the heightened security tensions in the area, although it doesn't expect the move to have a significant impact on its cashflow... More...>>
08/08/20143:00AMALNCAfren Suspends Operations At Kurdistan Field To To Heightened Tensions
LONDON (Alliance News) - Oil and gas explorer and producer Afren PLC Friday said it had decided to temporarily suspend operations at the Barda Rash filed in the Kurdistan region of Iraq due to the heightened security tensions in the area, although it doesn't expect the move to have a significant impact on its cashflow... More...>>
07/31/201412:41PMDJNEUROPE MARKETS: European Banks, Adidas Drop; Shell Gains
By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- Banking shares fell in Europe Thursday, led by Banco Espírito Santo, amid a deluge of earnings reports. Decliners Banco Espírito Santo SA tanked 42% in Lisbon. The shares had been suspended earlier in the day after the Portuguese lender reported a record... More...>>
07/31/20148:07AMALNCIN THE KNOW: Investec Cuts Afren To Hold After CEO Suspension
LONDON (Alliance News) - Investec Securities has downgraded FTSE 250-listed Afren to Hold from Buy, placing its price target under review, after the company's board suspended the chief executive and chief operating officer pending an investigation into alleged evidence of unauthorised payments that were potentially for... More...>>
07/31/20146:46AMDJNEUROPE MARKETS: Shell, BG Among Major European Movers; BES Slides
By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- A deluge of earnings reports is keeping investors in Europe busy on Thursday, with oil companies one of the few sectors in black after encouraging earnings reports from Royal Dutch Shell PLC and BG Group PLC. Risers Royal Dutch Shell (RDSB) jumped 3.8% after the oil giant... More...>>
07/31/20145:21AMDJNEUROPE MARKETS: Shell, BG Among Major European Movers; Adidas Slides
By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- A deluge of earnings reports is keeping investors in Europe busy on Thursday, with oil companies one of the few sectors in black after encouraging earnings reports from Royal Dutch Shell PLC and BG Group PLC. Risers Royal Dutch Shell (RDSB) jumped 4% after the oil giant... More...>>
07/31/20143:57AMALNCAfren Slumps As It Suspends CEO, COO Pending Investigation
LONDON (Alliance News) - Oil and gas explorer and producer Afren PLC saw its shares slump Thursday after its board suspended the chief executive and chief operating officer pending an investigation into alleged evidence of unauthorised payments that were potentially for the benefit of the executives. In a statement, the... More...>>
05/23/201410:58AMRNSNONAfren PLC Afren becomes an EITI Supporting Company
TIDMAFR RNS Number : 9721H Afren PLC 23 May 2014 Afren plc (AFR LN) Afren becomes an EITI Supporting Company London, 23 May 2014 Afren plc ("Afren" or "the Company") is pleased to announce that it became a Supporting Company of the Extractive Industries Transparency Initiative ("EITI") on 20 May 2014. The EITI is a global... More...>>
01/13/201411:00AMRNSNONAfren PLC Conference Presentation
TIDMAFR RNS Number : 5367X Afren PLC 13 January 2014 Afren plc (AFR LN) Conference Presentation London, 13 January 2014 - Afren today presented at the Macquarie Oil and Gas Explorers Conference in London. The presentation materials titled "A Material Exploration Opportunity Set" are available on Afren's website at www.afren.com... More...>>
11/20/20132:00AMRNSNONAfren PLC Conference presentation
TIDMAFR RNS Number : 4606T Afren PLC 20 November 2013 Afren plc (AFR LN) Conference presentation London, 20 November - Afren plc yesterday presented at The Oil Council World Assembly on the panel, 'The Pioneers: Industry Defining E&P Strategies and Successes of the Independents'. The presentation materials are available... More...>>
11/19/201312:22PMDJNLONDON MARKETS: FTSE 100 Breaks 3-day Winning Streak; Miners Fall
By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- The U.K.'s FTSE 100 index declined on Tuesday as investors paused after a three-day rally, with resource firms and banks leading the move south. The FTSE 100 index lost 0.4% to close at 6,698.01, almost erasing a 0.5% gain from Monday. Shares of Intertek Group PLC gave... More...>>


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