Gulf Keystone reduces losses April 11, 2011 Independent oil and gas exploration and production firm Gulf Keystone’s after-tax losses fell to $26m (£16m) in the year to the end of December – down from $96.3m last time. The firm had cash, cash equivalents and liquid investments of $211.4m at the year-end compared with $19.2m in 2009.
WHAT THE OTHER PAPERS SAY THIS MORNING September 26, 2011 FINANCIAL TIMES BP PROPOSES FOURTH PIPELINE ROUTE TO BRING AZERBAIJAN GAS TO EUROPE BP is planning a pipeline stretching 1,300 km across three countries to bring gas from Azerbaijan to Europe. The scheme is a new entrant in the highly charged competition to construct a supply route to the Caspian basin and reduce Europe’s dependence [...]
MINERS DIG DEEP TO AID OLIVIA’S RECOVERY October 9, 2011 IT’S NOT often you see people spending £3,700 on “thin air”. But last Thursday night, the Berkeley Square silver merchant Jim Williams raised his hand to bid on nothing at all to take the Olivia’s Vision auction to the “nice round number” of £80,000. The Arian Silver Corporation’s “huge mining character” was bidding at the [...]
THE WEEK AHEAD September 11, 2011 COMPANY NEWS ● Today, Pan African Resources announces. The Aim-listed company is producing 100,000 ounces of gold per year and will be hoping for glittering results. ● Tomorrow, Abcam and Ashmore both announce. Abcam is a biotechnology company based in Cambridge’s Science Park, which sells research antibodies. ● On Wednesday, Barratt Developments and Galliford Try [...]
THE TIPSTER September 11, 2011 LAST week’s intervention by the Swiss National Bank and some affirmative action to try to stimulate the economy by President Obama suggest that we’ll see more of this Keynesian approach to policy in the months ahead. The bottom line is if it’s translating into cheap money then expect equity markets to find cheer off the [...]
Gulf Keystone hits oil in Iraq January 5, 2011 Gulf Keystone Petroleum said yesterday it has found a “massive” oil deposit in the Kurdistan region of Iraq, sending shares up 5.5 per cent to close at 173p. The firm estimated it has struck 220m barrels of probably oil reserves at a shallower depth than previous discoveries, with the potential for up to 2.2bn barrels [...]
Gulf Keystone hits oil in Iraq January 5, 2011 Gulf Keystone Petroleum said yesterday it has found a “massive” oil deposit in the Kurdistan region of Iraq, sending shares up 5.5 per cent to close at 173p. The firm estimated it has struck 220m barrels of probably oil reserves at a shallower depth than previous discoveries, with the potential for up to 2.2bn barrels [...]
ADVISER: ARDEN PARTNERS AND MIRABAUD June 1, 2011 GREENKO is using nominated adviser and broker Arden Partners alongside Mirabaud Securities to run its £50m share placing. Arden has advised Greenko since the India-focused firm floated on AIM in November 2007. Head of corporate finance Richard Day is named as the lead broker on the placing, alongside corporate finance director Adrian Trimmings. Day also [...]
ADVISER: ARDEN PARTNERS AND MIRABAUD June 1, 2011 GREENKO is using nominated adviser and broker Arden Partners alongside Mirabaud Securities to run its £50m share placing. Arden has advised Greenko since the India-focused firm floated on AIM in November 2007. Head of corporate finance Richard Day is named as the lead broker on the placing, alongside corporate finance director Adrian Trimmings. Day also [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 26, 2011 FINANCIAL TIMES EUROPE TELECOM GROUPS TARGET GOOGLE Leading European telecoms companies want to levy significant charges on Google and other online content providers through an overhaul of the regime governing how data travel over the internet. Operators in Europe complain that they are contending with an explosion of data on their networks, much of which [...]