Philip has more than 20 years' experience writing about companies, general finance and investing matters for a variety of publications. His career has involved spells at the Investors Chronicle, where he was small companies and companies editor, Investors Week and most recently as editor of online financial news wire Sharecast. He has also contributed to a wide range of financial-focused publications on a freelance basis.
A sample taken from 20 intervals indicates the presence of a 35-metre column of good quality oil at a depth of a 1,980 metres
Origin Creek Energy is now a significant shareholder in the company.
The Irish company is waiting for US$10mln from Chinese partner APEC to start exploration and appraisal work
Providence added that it does not expect to extend the backstop date beyond Friday if the money is not transferred
The Aim-listed company paid Georgia Oil and Gas US$750,000 in cash and shares for the additional interest in a deal that was flagged in February.
PVF has claimed C$1.12mln for work carried out but Nu-Oil’s directors are convinced it has no merit.
Block will pay US$750,000 (equivalent to US$2,055 per day) for 12 months' exclusive use
Talks will include community input before any planning application is submitted.
Redx said today it has £13.6mln in the bank, which should last it into early 2019
In a £1bn deal, won against five other tenders, Morrison's will supply Safeway products and other national brands to 1,300 McColl's stores and 350 newsagents
British Telecom is developing a habit for unpleasant surprises