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Eland Oil & Gas News

London close: US jobs data sends FTSE 100 to seven-week high
3 May 2013

London close: US jobs data sends FTSE 100 to seven-week high

The FTSE 100 jumped one per cent higher to a seven-week high on Friday afternoon with stock markets rejoicing as the US jobs report smashed forecasts ...

Eland Oil & Gas proceeding with plans to restore production at two wells
8 Mar 2013

Eland Oil & Gas proceeding with plans to restore production at two wells

AIM-listed Eland Oil & Gas is proceeding with planning for a rehabilitation and restart of existing production facilities at its OML 40 asset, an ope...

Tuesday broker round-up UPDATE
15 Jan 2013

Tuesday broker round-up UPDATE

African Barrick Gold: Investec lowers its target price from 526p to 405p, while upgrading from hold to buy. ARM Holdings: Morgan Stanley raises its t...

Shell sells Nigerian assets
3 Sep 2012

Shell sells Nigerian assets

Shell, Europe's biggest oil company, has announced the sale of some of its Nigerian assets to Elcrest, a subsidiary of newly-listed AIM energy company...

Eland Oil is largest AIM flotation in more than three years
31 Aug 2012

Eland Oil is largest AIM flotation in more than three years

Eland Oil and Gas, an energy firm based in Aberdeen but focused on West Africa, is keen to get cracking on an oil mining lease it has purchased in the...

Losses narrow at Elan
21 Jul 2009

Losses narrow at Elan

Neuroscience-based biotechnology company Elan remained mired in the red in the second quarter despite a strong performance from the Biopharmaceuticals...

TechMARK movers: Elan narrows loss
21 Jul 2009

TechMARK movers: Elan narrows loss

Irish drug firm Elan saw net losses narrow to $68.2m from $71.5m in the second quarter thanks to a rise in revenues. Revenues were up by 14%, led by ...

London close: Heavy losses for Footsie
2 Jul 2009

London close: Heavy losses for Footsie

Footsie closed the day nursing triple-digit losses as investors took fright following poor US monthly jobs figures. WPP was the day's worst performer...