Commodities

Coal of Africa to ramp up production

By Julie Fisher | Wed, 19/06/2013 - 10:13

Analysts commended Coal of Africa, but warned of future funding challenges, as the miner unveiled the results of a study in South Africa.

Ophir Energy spuds first Ghanaian well

By Darshini Shah | Wed, 19/06/2013 - 10:04

Oil and gas group Ophir Energy on Wednesday accelerated its drilling operations with the spudding of Starfish-1, its first well in Ghana.

Gulf Keystone Petroleum spuds Shaikan-7

By Darshini Shah | Wed, 19/06/2013 - 07:52

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

Max unveils mixed Kazakh results

By Julie Fisher | Tue, 18/06/2013 - 10:39

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

By Darshini Shah | Tue, 18/06/2013 - 10:09

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

By Darshini Shah | Tue, 18/06/2013 - 10:08

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

By Darshini Shah | Mon, 17/06/2013 - 11:32

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

By Julie Fisher | Mon, 17/06/2013 - 10:45

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

By Darshini Shah | Mon, 17/06/2013 - 09:50

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

By Julie Fisher | Fri, 14/06/2013 - 16:32

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