Oil and Gas Round-Up – 22 Feb
Bowleven is the star of the show in an otherwise fairly quiet week in the SmallCapNews universe.
Oil and Gas Round-Up 2012 – Part 2
The second instalment of the overview of the performance in 2012 of the companies in SmallCapNews universe.
Red Emperor and Range Resources make investors wait on Puntland well
Speculation has intensified about the likely outcome of the Shabeel North well in Puntland, Somalia, after one of the companies involved in the well, AIM-quoted Red Emperor Resources (LON:RMP), requested a trading halt.
Range Resources and Red Emperor look to second Puntland well
Range Resources (LON:RRL) said this morning that drilling was underway on its second well in the Puntand region of Somalia.
Red Emperor Resources raises new cash for Puntland exploration
Red Emperor Resources (LON:RMP), the AIM and ASX exploration group that is currently involved in drilling operations in the Puntland region of Somalia, has raised £6.24 million in a placing priced at 32 pence per share.
Range Resources and Red Emperor keep investors waiting on Puntland well
Range Resources (LON:RRL) and Red Emperor Resources (LON:RMP) have offered up some mixed news from the ongoing drilling work on the Shabeel well in Puntland, Somalia, which is being carried out by their joint venture operator, Horn Petroleum Corp. While the well has shown signs of oil and gas, investors are being made to wait [...]
Range Resources kicks off drilling in Puntland
Range Resources (LON:RRL) and its joint venture partners Horn Petroleum (TSX: HRN) and Red Emperor Resources (LON:RMP), have begun drilling the Shabeel-1 well on the Dharoor Block in Puntland, Somalia.
Red Emperor Resources raises new cash to fund drilling work
Red Emperor Resources (LON:RMP), the exploration company with interests in Puntland and the former Soviet state of Georgia, has raised £4.09 million in a share placing priced at 11p per share.
Range Resources acquires strategic stake in Tangiers Petroleum
Australian exploration and production company Range Resources (LON:RRL) has made a strategic investment in Tangiers Petroleum (ASX:TPT), which boasts a portfolio of two potentially world class oil and gas projects in Morocco and Australia.
Oil & Gas Round-Up
Another week of turmoil in the global markets, however we still have some good and a little not so good news in the SmallCapNews universe.
