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Desire shares piggy back on Rockhopper

Shares in Desire Petroleum jumped 13% on the news that there may be more oil than expected in one of its licences off the Falkland Islands. Fellow No...

London close: More gains for FTSE 100

Stocks built on the strong gains they posted ahead of the long weekend, surpassing the 6,000 point mark but finishing slightly below that psychologica...

London afternoon: Stocks sail on Greek tailwinds

Optimism about a resolution to Greece's latest dire need for a bail-out is giving equities a boost today, providing some much needed focus on a day th...

Desire pleases with 'encouraging' data

Investors at Desire Petroleum were given a reason to buy after the company announced positive 3D seismic data from the East Flank Play Fairway. The g...

London close: S&P scares off investors

Having started the day with hopes of rising back above 6,000, the top share index hurtled in the opposite direction to fall below 5,900 after debt rat...

Desire slumps after abandoning well

Falklands oil explorer Desire Petroleum crashed to a 52-week low after plugging and abandoning the 14/15-3 well on the Ninky prospect in the North Fal...

London midday: Desire subsides after well wash-out

Bright spots are hard to find on the first trading days of the shortened week, and far from bursting through the 6,000 barrier Footsie heads at pace i...

Sterling weakness skews Desire's figures

Desire Petroleum, the oil and gas explorer that has seen mixed results with its drilling in the Falklands, saw losses before tax narrow last year as a...