Resources Companies

Gulf Keystone Petroleum spuds Shaikan-7

Gulf Keystone Petroleum has started drilling at the Shaikan field in Kurdistan, with analysts deeming the company "well positioned".

Max unveils mixed Kazakh results

Oil and gas company Max Petroleum reported success in its drilling of the SAGW-4 well in Kazakhstan, pleasing investors, but plugged the UTS-8 well.

Ithaca commences Stella field drilling

Ithaca Energy will drill four production wells on the Stella field in the UK Central North Sea, with investors deeming the company "undervalued by quite a margin".

Nighthawk soars on "strikingly clear" prospects

Private investors hailed Nighthawk Energy's "growth capability" following the oil and gas producer's latest update from Colorado, US.

Edge heads south as losses mount

Oil and gas explorer Edge Resources has unveiled a heavy post-tax loss, sending its shares into freefall despite a bullish management statement.

Range strides towards International Petroleum merger

AIM-listed Range Resources has moved closer to a takeover of International Petroleum, as well as confirming positive testing in Guatemala.

Leyshon plummets on well disappointment

The abandonment of a well in eastern China saw Leyshon Resources slump, but private investors viewed the drop as a buying opportunity.

Tullow wins Heritage High Court battle

A judge has found in favour of Tullow Oil's indemnity claim against Heritage Oil, sending the oil explorers' share prices in opposite directions.

Glencore Xstrata seals $17bn credit facility

Recently merged mining giant Glencore Xstrata ticked higher on Friday, impressing investors, after confirming a substantial new credit facility.

Investors cheer Sirius study results

Studies by Sirius Minerals have validated the miner's belief that its polyhalite is a valuable fertiliser, impressing private investors.

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