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Plenty of momentum in Leni Gas and Oil shares as Trinidad hots up

May 28, 2014 at 8:32 am in AIM by contrarianuk · Leave a Comment »

For Leni its not been all plain sailing over the last few months despite plenty of action at its Goudron prospect in Trinidad. Back in January I wrote a detailed piece on Leni Oil and Gas (LGO)…

Rockhopper Exploration surprises shareholders with purchase of Mediterranean Oil & Gas

May 23, 2014 at 10:33 am in AIM by contrarianuk · Leave a Comment »

A bit of a surprise for Rockhopper Exploration and Mediterranean Oil & Gas (MOG) shareholders this morning with the announcement that they had reached agreement on the terms of a recommended £29.3 million acquisition of MOG by Rockhopper.

Rumour mill rife on new drilling rig for Falklands

May 22, 2014 at 10:13 am in AIM by contrarianuk · Leave a Comment »

There’s been plenty of speculation that the oil companies involved in the Falkland Islands will announce a drilling rig for their 2015 exploration shortly.

Plenty of fun and games with the share price of Nighthawk Energy

at 9:13 am in AIM by contrarianuk · Leave a Comment »

Nighthawk Energy operates in the Eastern Colorado plains with two primary projects, Smoky Hill and Jolly Ranch, comprise more than 300,000 gross acres within the southeast flank of the Denver – Julesburg Basin.

More jam tomorrow at Xcite Energy’s Paris AGM

May 16, 2014 at 9:42 am in AIM by contrarianuk · 2 Comments »

The frustration continues for Xcite Energy shareholders following the AGM yesterday afternoon in Paris, with the shares down another 5% today after an 11% fall yesterday.

Borders and Southern disappoints investors as farm out proves elusive

May 14, 2014 at 2:44 pm in AIM by contrarianuk · Leave a Comment »

South Falkland basin oil and gas explorer, Borders and Southern (BOR), issued its preliminary results for 2013 today and unfortunately it didn’t contain the news that investors were hoping for.

Fastnet’s Moroccan adventure shows wild cat drilling not for the faint hearted

May 9, 2014 at 6:14 am in AIM by contrarianuk · Leave a Comment »

Fastnet’s shares are down 44% over the last week to 6p. As highlighted back in April, wild cat drilling is risky and prone to failure…

Xcite Energy announces collaboration with Statoil and Shell

May 6, 2014 at 6:35 am in AIM by contrarianuk · Leave a Comment »

A very interesting RNS for Xcite Energy shareholders this morning. Its been a frightening drop to the current share price from the highs of over £4 in 2010. With the current market cap at around £200 million with 257 2P reserves and with sentiment gradually improving in the oil and gas sector…

Gulf Keystone Petroleum and Xcite Energy deliver more news to shareholders

Apr 9, 2014 at 2:34 pm in AIM by contrarianuk · Leave a Comment »

Both companies saw their shares hit multi year low’s a couple of weeks ago with Xcite Energy disappointing investors with news that it had failed to tie up a farm out deal for its Bentley North Sea field, driving the price as low as 59p. In the case of GKP it was down to 80p following a statement in their bond offering document that the $250 million bond would be needed…

Fastnet Oil and Gas investors keep their fingers crossed for FA-1 well on Foum Assaka licence offshore Morocco

Apr 5, 2014 at 8:31 am in AIM by contrarianuk · Leave a Comment »

Looking at AIM oil and gas companies with significant, make or break, drilling news in the next few months, Fastnet Oil and Gas (FAST) fits the bill.