Giles Gwinnett is a qualified journalist and has been a reporter for a number of regional newspapers and for a press agency. He was formerly a news analyst on the German team at Thomson Financial, now Thomson Reuters. He has a bachelor’s degree in English Literature and German and a master's in Film Studies.
"Point Loma is excited to add to our capital programs in 2017 with this injection of capital at a key time in our growth cycle," said the chief executive
Last month, the junior oil group revealed it had sold a 20% working interest (WI) in its Alberta assets for $5mln
The group said it had been boosted by construction business in onshore US but customer spending in the Gulf of Mexico had dwindled.
Essel Group Middle East DMCC will take a 60% stake in Simba’s African exploration projects
In 2016, Andes said its average production was lifted to 3,449 boepd (barrels of oil equivalent per day)
It is the third advance under the credit facility entered into with Gulf on February 14 this year
Simba Essel will issue over 10.56mln shares at seven cents a pop to settle the debt
It is also participating in the workover of eleven existing wells in Oklahoma and Dakota
A look at some of the analyst comment on North America listed stocks on Monday
A look at some analyst views from around the City on Friday
A look at some analyst takes on a variety of stocks on Thursday
It is doubtful of a pick-up next year though suggests Cobham as a potential recovery play if new management’s plan is appreciated by investors.