Latest Share Chat

Doriemus Share News (DOR)

Doriemus Information

There is currently no data for DOR

Doriemus feeling upbeat after year of investment

Fri, 26th Jun 2015 14:36

Oil and gas focused Doriemus ended 2014 with a strong balance sheet and said it was confident that its investments made during the period were "potentially very rewarding".It ended the period with no debt and as of 26 June had assets amounting to around £1.6m, of which £1.2m was cash.Total revenue was £0.1m compared to £0.2m a year earlier, while losses widened to £0.6m from £0.5m.The firm said it was well-placed to create meaningful future shareholder value and that it would continue to seek out further investments.It also predicted "significant improvements" in production at the two Angus Energy-owned licences in which it has a 20% interest, with a new crestal production well proposed to be drilled on Lidsey and a sidetrack of an existing well proposed on Brockham."We should also know the outcome of the Horse Hill-1 well test with relation to the commercial viability of the Portland oil discovery and further 'proof of concept' for the Kimmeridge Limestone play."The share price had risen 3.7% by 2:52.

More News

18 Oct 2016 11:42

Doriemus acquisition bearing fruit at Isle of Wight

(ShareCast News) - Oil and gas exploration and production investment company Doriemus was starting to see the fruits of its Angus Energy acquisition on Tuesday, as it confirmed that the UK Oil & Gas Authority executed the PEDL331 licence on 16 September. The AIM-traded firm said the start date of th

17 Oct 2016 09:16

Horse Hill oil developers apply for further 'significant' drilling

(ShareCast News) - UK Oil & Gas and its partners in the Horse Hill Developments (HHDL) company drilling for oil close to Gatwick Airport, have applied for planning permission with Surrey County Council for a further round of drilling. The HHDL group, in which AIM peers Alba Minerals, Doriemus, Gunsy

6 Sep 2016 08:57

Doriemus seeking to raise £0.9m in open offer

(ShareCast News) - UK-focused oil and gas exploration and production investment company Doriemus announced the launch of a three-for-10 open offer on Tuesday, to raise up to £0.87m before expenses. The AIM-traded firm said that under the offer, qualifying shareholders are being offered the opportuni

9 Mar 2016 08:13

Horse Hill Produces Over 1,500 Barrels A Day After Third Flowtest

2 Mar 2016 08:59

Horse Hill Participants Plug Well For Pressure Test As Flows Continue

1 Mar 2016 10:30

Doriemus Shares To Be Cancelled From AIM And Move To ISDX (ALLISS)

1 Mar 2016 08:43

Horse Hill Reports Combined Rate Of Production Of 1,360 Barrels A Day

23 Feb 2016 09:11

Regency Mines Shares Rise After Buying Into Horse Hill Project (ALLISS)

17 Feb 2016 07:55

Gatwick's Horse Hill oil well flows naturally

(ShareCast News) - Oil has continued to flow naturally from a discovery well near Gatwick Airport owned by a consortium of oil exploration companies, with the first two tankers of crude sent for refining. Following the announcement of Monday's initial flow using water, UK Oil & Gas (UKOG) said opera

17 Feb 2016 07:33

Horse Hill Continues To Flow As First Oil Is Shipped To Refinery

16 Feb 2016 10:39

WINNERS & LOSERS SUMMARY: Standard Chartered Shares Drop On Downgrade

16 Feb 2016 08:16

Horse Hill Companies Soar As First Flowtest Results Beat Expectations

16 Feb 2016 08:10

Sweet crude flows from Gatwick Airport oilfield

(ShareCast News) - First ever crude oil has flowed at encouraging levels from the Horse Hill discovery well being drilled in the Weald Basin near Gatwick Airport, as anti-fracking protests reconvened nearby. The AIM-listed companies with stakes in the PEDL137 onshore exploration licence, namely UK O

8 Feb 2016 08:29

Horse Hill Partners Begin Eagerly-Awaited Flow Test

4 Jan 2016 07:47

Latest Share Chat

Doriemus Share News (DOR)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Doriemus feeling upbeat after year of investment

Login to your account

Quickpicks are a member only feature

Login to your account