LSE Market News

Northcote Energy (AIM:NCT), an onshore US oil and gas exploration and production company, has announced interim results for the six month period ended June 30 2013. Highlights: · Rapidly advancing strategy of building an extensive low-risk onshore oil and gas production company · Quadrupled production since January 2013 to 100boepd · Increased net acreage by […]

Makes second repayment of US$1 million on its debt facility with Macquarie Bank Limited from cash proceeds received from Eagle Ford Shale production. Empyrean Energy PLC (LSE:AIM), a US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, is pleased to report that, further to the announcement on […]

Sable Mining Africa (LSE:SBLM), an AIM listed exploration company, has announced the granting of a mining licence for the Nimba Iron Ore Project in south-west Guinea, the second largest undeveloped on- or near-rail Direct Shipping Ore project to be held outside the major mining companies in West Africa. The licence, or “Permit D’Exploitation Miniere”, number […]

DekelOil Public (LSE:DKL), operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has published its interim results for the six month period ended 30 June 2013. Highlights: Successful listing on AIM in March 2013 in tandem with a £2.3 million fundraising 60t/hr CPO extraction mill (‘the Mill’) remains on […]

. Premier African Minerals (LSE:PREM), a multi-commodity natural resource company with mineral projects located in Western and Southern Africa, has announced that RHA Tungsten Private Limited (‘RHA’) has simultaneously concluded a shareholder agreement and a management agreement with the National Indigenisation and Economic Empowerment Fund (‘NIEEF’), representing and acting for and on behalf...

Mariana Resources (LSE:MARL), an exploration and development company focused in Peru and southern Argentina, is pleased to announce that it has executed the amended Definitive Agreement with Condor Resources Inc. for Area 1 (being the southernmost Pucayacu precious and base metal target) at the Condor de Oro project Department of Cajamarca, northern Peru. The signing […]

A number of years ago I was privileged to work alongside a recently retired U.S. Army “Bird Colonel.”  Had he not retired, his next rank would have been Major General.  I consider him one of my mentors.  Perhaps the greatest lesson that he taught me was that, “You do not have to fight every battle. […]

The AIM listed African focused support services and logistics company Africa Oilfield Logistics (LSE:AOL) focused support services and logistics company has announced that its 49% owned subsidiary Ardan Risk & Support Services (‘Ardan’) has signed a contract with Weatherford Drilling International Ltd, a subsidiary of Weatherford International Ltd (NYSE:WFT) (‘Weatherford’), the NYSE...

Normally, I try to ignore rumors, but this one is simply too big to ignore.  The word on the street is that Intel (NASDAQ:INTC) has entered into M&A talks with the world’s leading chip designer, the UK’s own ARM Holdings (LSE:ARM).  ARM’s share price has risen over the past week from 960.0 on 18 September […]

Sable Mining Africa (LSE:SBLM), an AIM listed exploration company, has announced “encouraging assay results” from the company’s recently completed expansion exploration programme at the Nimba Iron Ore Project in south-east Guinea (‘Nimba Project’). In a statement the company cited “results demonstrate high grade canga in the expansion area with best grade and vertical width of […]