Ian is the editor and a director of Proactive Investors. He oversees all editorial output and is also heavily involved with business development. He moved to Proactive from the Daily Mail, where he was City News Editor and Investment Editor and brings with him a wealth of experience in business and finance. At the Mail he directed the coverage of some of the biggest stories ever to emerge from the City as the credit crunch and banking crisis felled some of the nation's best known financial institutions. In his 20 years as a business reporter and editor Ian has worked for Dow Jones, writing stories for the international news wire and the Wall Street Journal. He also led the London company coverage for AFX News, now part of Reuters.
Chief financial officer Gene Palyenka is leaving at the end of this month to "pursue another opportunity"
The second-quarter report season revealed a mixed picture for the large, international oil companies
The company is sticking with its pre-drill forecast of 150 barrels of oil per day and said the drill log data was better than expected
The work will target four separate reservoirs to assess the site's potential
Chairman Bill Smith said: “With multiple similar prospects already identified on the licence, each of which can be explored and developed at relatively low cost, Suceava represents an excellent, low-risk opportunity to scale up our revenues.”
Drilling on the Venturini-Ginochio #3 well gets underway this week
Its latest Romanian well was drilled on time and below budget, gas deliveries are imminent and the company is in talks with a trading house, which will handle gas sales on its behalf
Chairman David Sefton said the moves were designed to “enhance the capacity” of the company and avoid the delays that have hampered the development of the company’s Tilapia Field in the Republic of the Congo
Two companies, three wells
Drilling down into the world of E&P as we keep tabs of on the gushers and dusters
A look at some early analyst views in the City
The bookmakers have been put under the microscope, while Shell has been downgraded.