Emerald Energy Share News (EEN)
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Emerald Energy is to break off fracture stimulation operations and perform an extended flow and formation pressure build-up test of the Caballos formation at its Matambo block in Colombia. The oil exploration company said that the testing, which is expected to take a month, will help determine the
Read moreLondon's leading shares finished with slight gains but were well below earlier highs as miners eased back slightly. Eurasian Natural Resources, Lonmin, Xstrata and Vedanta Resources still posted healthy gains, while precious metals miners Fresnillo and Randgold Resources were also on the climb. R
Read moreShares drifted lower over the lunchtime session but are still up on the day, helped in no small part by the strength of miners, which are rising in line with firmer metals prices. Rio Tinto is wanted after it sold off another chunk of Alcan. The heavily indebted miner sold Alcan Composites, part of
Read moreMiners continue to lead the market higher as investors return to the market after yesterday's pause for breath. Rio Tinto is wanted after it sold off another chunk of Alcan. The heavily indebted miner sold Alcan Composites, part of the Alcan Engineered Products division, to Swiss firm Schweiter Tec
Read moreLondon's blue chips have made good progress this morning, buoyed by Wall St clawing back some of Monday's early losses in late trading in the US. It is resource stocks that lead the way again. Tullow Oil has recovered from the profit taking of the past two days, while Lonmin and Fresnillo are leadi
Read moreLast night's brave effort on Wall Street should help London claw back some of Monday's losses, according to early indications. The FTSE 100 is predicted to rise about 20 points early on after the Dow Jones narrowed its deficit to 41 points, helped by strength among heavyweight tech issues. Over he
Read moreOil production from Emerald Energy’s Khurbet East field in Syria has topped 4.5m barrels, The oil exploration firm said current daily gross oil production is about 16,400 barrels per day. Attempts to recover oil from Khurbet East No.7 well proved fruitless. The company regarded this as a long sho
Read moreA better than expected start on Wall Street helped London post more gains by the close. Balfour Beatty was the best performer with the shares roaring ahead on plans to acquire Parsons Brinckerhoff, a US consultancy business. A rights issue to raise about £350m will fund the deal. Ian Tyler, Balfou
Read moreLondon is still in the blue but off its best with futures pointing towards a flat start on Wall Street. British Airways has been the blue-chip stock to own in the third quarter of 2009 with its share price virtually doubling since the beginning of July. The shares get another lift today from Goldma
Read moreRisers outnumber fallers among FTSE 100 constituents by around three to one as London's strong run continues, despite flat retail sales in August. British Airways has been the blue-chip stock to own in the third quarter of 2009 with its share price virtually doubling since the beginning of July. T
Read moreMiners are giving London's blue chips a boost in early dealings, while Tullow Oil gained on the second oil find in as many days. Fresnillo, Kazakhmys, Antofagasta, Lonmin and Xstrata are all among the top performers. Tullow Oil gained after announcing the discovery of a significant oil field at N
Read moreWith Wall Street finishing higher yesterday traders in London see no reason for the party to end this side of the Atlantic, and blue-chip shares are forecast to open mostly firmer. The FTSE 100 index is expected to open around 46 points higher. A strong performance from B&Q helped DIY retailer K
Read moreEmerald Energy, the oil explorer soon to be taken over by Chinese state-run oil company Sinochem Resources, said it continues to be pleased with the results achieved from its Colombian asset portfolio. Based upon the preliminary evaluation of the results from test drilling of the Mirto No.1 well, t
Read moreOil explorer Emerald Energy declared itself pleased with continued progress In the Capella field in the Ombu block in Colombia. Drilling operations have started on Capella No. SH1, the first of two slim-hole wells scheduled to be drilled in the Capella field. The well is planned to take up to one
Read moreEmerald Energy is leading the risers after emerged Chinese state-run oil company Sinochem Resources has made a bid for the firm. Among the other main risers are housebuilders Taylor Wimpey and Barratt. Legacy software specialist Micro Focus has predicted a running twelve-month revenue contribution
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