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The Top Share Tips for 2012

The Top Share Tips for 2012

A roundup of all the top share tips for 2012. Including share lists from the Sunday Times, the Sunday Telegraph and the Independent, as well as top private investors.
Analysing the Net Asset Value of GKP

Analysing the Net Asset Value of GKP

In this article we will be analysing the Net Asset Value (NAV) of Gulf Keystone Petroleum (GKP), and will calculate a target price based on that analysis.

MXP Announce Mobilisation of Deep Drilling Rig

Max Petroleum (MXP) today announced the mobilisation of it’s deep drilling rig for pre-salt exploration of the NUR-1 well on the Emba B prospect. Max has recently had success with shallow drills, adding around 40 million barrels of oil to its reserves, but deep drills like these are where Max’s true potential lies. Emba B...
MXP announce successful Uytas drill

MXP announce successful Uytas drill

Max Petroleum (MXP) announced today the success of its Uytas confirmation well. While this drill is far from MXP’s largest, it represents extremely positive news and should help the share price which has been hit hard by the US debt crisis. RNS: Max Petroleum Plc, an oil and gas exploration and development company focused on...
MXP Video Presentation

MXP Video Presentation

Max Petroleum (MXP) today released the video of the presentation it gave at the Oil Barrel conference on the 7th of June 2011. MXP’s share price has taken a hit recently due to unrest in middle east and some fruitless drills, but its ambitious drill schedule for the rest of 2011 could send the share price rocketing....
GKP reports significant oil flow

GKP reports significant oil flow

Gulf Keystone Petroleum (GKP) has reported significant initial oil flow on its Shaikan-2 Appraisal Well, sending the share price rocketing. Definitive reports on the flow rate are expected within 72 hours. GKP’s share price had fallen significantly in recent weeks on the back of the political unrest in the Middle East and a continued lack...
SOU strengthens its portfolio with new Italian licence

SOU strengthens its portfolio with new Italian licence

Sound Oil PLC (SOU) have added an eighth Italian exploration  permit to their existing assets in Indonesia and Italy. The Colle Ginestre licence, lies in the Southern Apennines fairway,  adjacent to the Cupello-San Salvo field which has produced over 330 Bscf from the Pliocene play. In today’s announcement CEO Gerry Orbell said “Sound Oil is...
CHAR increases estimated oil resources by 700 million barrels

CHAR increases estimated oil resources by 700 million barrels

Chariot Oil & Gas (CHAR) has increased its estimated gross mean unrisked prospective resources for its Northern licence offshore Namibia by 700 million barrels of oil, taking the estimated total of the Northern Namibian licences to 2.631 billion barrels.
XTR shows huge potential for 2011

XTR shows huge potential for 2011

Elko Energy of which Xtract Energy PLC (XTR) owns approximately 50.0%, have published a Competent Person’s Report (CPR) on several drill targets. Highlights of which include an award of a new license for offshore Denmark and plans to drill the 'Luna' well in 2011.
Oil price surges to 2 and a half year high

Oil price surges to 2 and a half year high

The price of oil has continued to rise today on the back of growing tension in Libya and the rest of the middle east. The price of crude oil rose above $108 a barrel , the highest since the outset of the global recession.
MXP commence drilling of ASK-1 well

MXP commence drilling of ASK-1 well

Max Petroleum (MXP) has spudded it's ASK-1 well. ASK-1 is the largest of Max's shallow drills planned for 2011 and is targeting 50 million barrels of oil. Max has estimated the chance of success for the drill to be 48%, and a result is expected in about 5 weeks.
SOU Presentation sends share price up 16%

SOU Presentation sends share price up 16%

Sound Oil plc (SOU) investors enjoyed a 16% rise in share price on Friday after SOU released their analysts presentation.