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Faroe Petrol Share News (FPM)
Share News for Faroe Petrol (FPM)
| Share Price: 116.00 | Bid: 114.50 | Ask: 115.25 | Change: 0.00 (0.00%) |  | ||||||
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BRIEF-Faroe, Centrica, Suncor in Norway oil find
Wed, 7th Dec 2011 07:31
LONDON, Dec 7 (Reuters) - Faroe Petroleum PLC:
* Butch discovery - sidetrack result
* Operator (Centrica) has calculated a preliminary resource estimate of 30 - 60 million barrels of oil equivalent
* Drilling of a second side-track well is planned to commence in the coming days
* Equity holders in the Butch licence are Faroe 15%, Centrica 40% (operator), Suncor Norge AS 30% and Spring Energy Norway AS 15%.
((London Equities Newsroom; +44 20 7542 7717))
(For more news, please click here)
COPYRIGHT
Copyright Thomson Reuters 2011. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
LONDON, Dec 7 (Reuters) - Faroe Petroleum PLC:
* Butch discovery - sidetrack result
* Completion of a successful initial side-track well on the butch oil discovery in Norwegian North Sea
* Operator (Centrica) has calculated a preliminary resource estimate of 30 - 60 million barrels of oil equivalent
* Drilling of a second side-track well is planned to commence in the coming days
* Equity holders in the Butch licence are Faroe 15%, Centrica 40% (operator), Suncor Norge AS 30% and Spring Energy Norway AS 15%.
((London Equities Newsroom; +44 20 7542 7717))
(For more news, please click here)
COPYRIGHT
Copyright Thomson Reuters 2011. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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RESEARCH ALERT-Faroe Petroleum: Canaccord Genuity raises to buy
Jan 23 (Reuters) - Faroe Petroleum PLC: * Canaccord Genuity raises to buy from hold; target price to 190p from 170p For a summary of[23 Jan '13]
RESEARCH ALERT-Faroe Petroleum: Panmure cuts target price
Jan 17 (Reuters) - Faroe Petroleum PLC: * Panmure cuts target price to 200p from 205p; rating buy For a summary of rating and price t[17 Jan '13]
RESEARCH ALERT-Faroe Petroleum: Jefferies cuts price target
Jan 16 (Reuters) - Faroe Petroleum PLC: * Jefferies cuts price target to 210p from 220p; rating buy For a summary of rating actions a[16 Jan '13]
BRIEF-Faroe Petroleum awarded licences in Norway
LONDON, Jan 16 (Reuters) - Faroe Petroleum PLC: * Awarded 8 exploration licences, including 3 operatorships, under 2012 norwegian ap[16 Jan '13]
