Author Archive
LSE to merge with Canada's TMX

LSE to merge with Canada’s TMX

The London Stock Exchange confirmed today that it is to join forces with the operator of the Toronto and Montreal stock exchanges; an extremely interesting development for investors in commodities, energy and natural resources sectors.
Saudi Oil Reserves may have been overstated by 40%

Saudi Oil Reserves may have been overstated by 40%

A Wikileak's cable has revealed that a US diplomat is convinced Saudi Arabia's oil reserves have been over stated by nearly 40%, and will not be able to pump enough oil to keep a lid on prices.
GKP on the up with Political Resolution in Sight

GKP on the up with Political Resolution in Sight

Gulf Keystone Petroleum (GKP ) as flown up today on the back of the news over the weekend that Iraq will honour Kurdish contracts. As reported on Shareroundup over the weekend, Iraqi Prime Minister Nuri Al-Maliki has said Iraq will respect profit sharing deals the Kurdish...
Iraq to respect Kurdish profit-sharing deals

Iraq to respect Kurdish profit-sharing deals

Gulf Keystone Petroleum (GKP) investors were buoyed last night by news that the Iraqi Government will respect Kurdish profit sharing deals. GKP’s share price had been heavily discounted due to political problems, but with those looking like they’ve now been solved, GKP could be in for a substantial rise.
BPC seismic survey sends share price up 15%

BPC seismic survey sends share price up 15%

Bahamas Petroleum (BPC) today announced the completion of it's seismic survey and the initial results.
CAZA spud second well

CAZA spud second well

CAZA () announced today that they spudded their Windham 158#2 well on January 23rd. The drill is estimated to take 35 days to complete, and as they are already 5 days in to that, a result should be expected on around the 27th of Febuary. CAZA is also currently drilling its Arran well, and prospects...
RXP’s NK20 drill a duster

RXP’s NK20 drill a duster

Roxi Petroleum’s (RXP) share price has plummeted over 20% on news that its NK20 drill is a duster. The initial log evaluation and core of the well, which was 18 days overdue, indicated that the target Arskum formation was not hydrocarbon bearing. Roxi is also currently drilling its Yelemes well, and a result is due...
HOIL gas discovery disappoints investors

HOIL gas discovery disappoints investors

Heritage Oil today announced they had made a major gas discovery, but its share price has fallen as investors were hoping for oil. Heritage’s have discovered the largest gas field in Iraq for 30 years; 12.3 trillion cubic feet of gas and worth as much as $2.7 billion to HOIL. The find also contained an...
BHR outlines Tasmanian drilling programme

BHR outlines Tasmanian drilling programme

Beacon Hill Resources (BHR) has today outlined its Tasmanian drilling programme.
Diamonds are an investors best friend

Diamonds are an investors best friend

The expansion of two London listed Diamond miners has highlighted potential growth in the international diamond market. With the International Diamond Exchange Index (IDEI) only rising by 6% over the last 12 months, diamond firms may not seem tremendously appealing.

NPE confirm Catcher spudding

Nautical Petroleum (NPE) announced today that they have spudded Catcher North, with Burgman to follow.

Rumour: NPE to announce spudding Monday

Nautical Petroleum (NPE) are rumoured to have spudded their Burgman drill, and are expected to announce as such on Monday.