Eland Oil & Gas Share News (ELA)

Eland Oil & Gas Information

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16 Jun 2014 05:36

UK AGM, EGM Calendar - Week Ahead

13 Jun 2014 14:30

UK AGM, EGM Calendar - Week Ahead

4 Jun 2014 16:03

CEO and CFO of Eland Oil & Gas show faith in company's future

The Chief Executive Officer (CEO) and Chief Financial Officer (CFO) of AIM-listed Eland Oil & Gas have purchased a total of 100,000 shares. The largest deal was made by CEO Leslie Blair, who bought 80,000 shares at 109.30p each for a total spend of £87,440. CFO George Maxwell spent a more modest

4 Jun 2014 09:08

DIRECTOR DEALINGS: Eland Oil & Gas Directors Buy Shares

LONDON (Alliance News) - Eland Oil & Gas PLC Wednesday said Chief Executive Officer Ian Blair bought 80,000 shares at a price of 109.3 pence per share Tuesday. Following this transaction, Blair holds 680,349 shares, which represents 0.48% of the total issued share capital. The oil and

30 May 2014 09:14

Friday broker round-up UPDATE

ASOS: N+1 Singer reduces target price from 5300p to 4100p, while staying with its hold recommendation. Cairn Energy: JP Morgan cuts target price from 315p to 279p and maintains an overweight rating. Cobham: Canaccord Genuity increases target price from 285p to 320p and reiterates a hold recommenda

27 May 2014 11:43

Eland Oil & Gas Loss Grows As It Struggles With Opuama Field Setbacks

LONDON (Alliance News) - Eland Oil & Gas PLC Tuesday said its pretax loss widened in 2013 as lower administrative expenses were offset by a significant jump in operating expenses related to the development of its OML 40 licence, onshore Nigeria. The oil and gas development and exploration c

26 Mar 2014 14:20

Eland Oil & Gas Exercises Options To Raise GBP14M

LONDON (Alliance News) - Eland Oil & Gas PLC said Wednesday that it had exercised options under agreements with Solstice International Investments Inc and Helios Natural Resources Ltd to raise GBP14.0 million at 100 pence per share. The proceeds from this fund raising will be used as genera

19 Mar 2014 09:00

Wednesday broker round-up UPDATE

Afren: Canaccord Genuity lowers target price from 185p to 180p and stays with its buy recommendation. Antofagasta: Westhouse Securities reduces target price from 1060p to 985p staying with its buy recommendation. Credit Suisse downgrades from neutral to underperform with a target price of 750p. JP

13 Mar 2014 13:51

UK MIDDAY BRIEFING: Morrisons Could Learn From Home Retail

LONDON (Alliance News) - It's all about retailers Thursday, with the listed supermarkets all down sharply due to even weaker-than-expected results and a warning about this year from Wm Morrison Supermarkets, while Argos and Homebase parent Home Retail rose sha

13 Mar 2014 11:59

UK WINNERS & LOSERS: Supermarkets Plummet; G4S Falls Again

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.

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FTSE 100 - WINNERS

Barclays, up 2.7%. Numis has upgraded the bank to Add from Hold, increa

13 Mar 2014 10:16

Eland Oil & Gas Says Nigeria Joint Venture Set To Get Lower Tax Bills

LONDON (Alliance News) - Eland Oil & Gas PLC Thursday said its Nigerian joint venture is set to get a significant reduction in its underlying tax rates after it made good progress in talks about its tax status with the relevant Nigerian government departments. In a statement, Eland said it

27 Feb 2014 13:43

Eland Oil & Gas Extends Loan Facility, Exercises Options to Raise GBP6 Million

LONDON (Alliance News) - Eland Oil & Gas PLC Thursday said it has extended its USD22 million loan facility with Standard Chartered Bank and has exercised options to raise GBP6 million at 100 pence per share. The oil and gas exploration and development company said it extended the loan facil

11 Feb 2014 11:40

Eland Oil & Gas Executive Technical Director Steps Down

LONDON (Alliance News) - Eland Oil & Gas PLC Tuesday asaid Executive Technical Director Gilles Krijger will step down from the company's board. The exploration and development oil company said Krijger, who joined Eland in 2012, will remain with the company in a senior technical position.Read more

6 Feb 2014 09:23

Thursday broker round-up UPDATE

ARM Holdings: HSBC reduces target price from 1120p to 1080p and stays with its overweight rating. Avon Rubber: WH Ireland raises target price from 650p to 765p and stays with its buy recommendation. Balfour Beatty: Liberum Capital ups target price from 300p to 350p retaining its buy recommendation

5 Feb 2014 09:33

Eland Oil & Gas Starts Production At OML 40 License Onshore Nigeria

LONDON (Alliance News) - Eland Oil & Gas PLC Wednesday said it has started oil production from the Opuama oil field located on the OML 40 license, onshore Nigeria. Opuama, operated by the Nigerian Petroleum Development Corporation, was in production between 1975 and 2006. Nigerian Pet

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