FOGL.L Share News (FOGL)

BROKER RATING CHANGES: Tesco Receives Slew Of Price Targets Cuts

STOCKS NEWS EUROPE-UK small caps rise ahead of flat AIM shares

UK small caps rise 0.1 percent, ahead of junior-listed AIM shares and the mid caps, which are flat, but behind a 0.2 percent rise for the blue chips. Falkland Oil & Gas falls 5.2 percent and Desire Petroleum surges over 30 percent after the two companies agree to a tie-up, creating a comp

Falkland Oil Buys Desire Petroleum, Signs Farm-Outs With Rockhopper, Premier Oil

FOGL buys Desire to tap into north Falklands oil

LONDON, Oct 3 (Reuters) - Falkland Oil & Gas is to buy a smaller Falklands-based firm to create a company with licences to hunt for oil both to the north and south of the remote British territory in the South Atlantic. FOGL said on Thursday it had agreed to buy Desire Petroleum , offering 0

Falkland O&G to merge with Desire Petroleum

Shares in AIM-listed oil and gas firm Desire Petroleum soared on Thursday morning after the announcement that it would be merging with larger peer Falkland Oil & Gas (FOGL) in an effort to diversify the activities of the two companies. The news comes on the same day the companies signed an agreeme

Wednesday newspaper tips: Falkland Oil&Gas, Blur, Carnival

Penguin watching seems to be the new past time of investors in Falkland Oil and Gas, as for now there will be little drilling activity for over a year. That follows the lack of any discoveries of commercially viable reserves of the black stuff. Yet that is not the only reason. The problem with exp

Falkland Oil & Gas Pretax Losses Widen On Forex Cost

London pre-open: FTSE to open with modest gains

City sources predict the FTSE 100 will open up around five points from Monday's close of 6,557.37, a modest rise after yesterday's decline of 39 points. Monday saw heavy falls in the banking sector weigh on US markets as uncertainty over Federal Reserve monetary policy and an ongoing debate over t

Falkland Oil and Gas reports 'excellent progress' of drilling campagin

Falkland Oil and Gas widened its first half loss before tax to 0.9m dollars from last year's 0.2m dollars as the group injected more cash into exploration and evaluation of projects. During the first half the company and its co-venture partners conducted extensive 3D seismic surveys within its sou

Friday broker round-up

Afren: Jefferies cuts target price from 155p to 140p and downgrades from buy to hold. Alpha Real Trust: Panmure Gordon shifts target price from 76p to 79p and retains a buy recommendation. Betfair Group: JP Morgan moves target price from 850p to 825p keeping a neutral rating. Borders & Southern P

Tuesday broker round-up UPDATE

Afren: Goldman Sachs shifts target price from 224p to 221p keeping a buy recommendation. Alent: Goldman Sachs initiates with a target price from 426p and a buy recommendation. Amerisur Resources: Goldman Sachs moves target price from 65p to 82p and stays with its neutral rating. Bahamas Petroleum

Falkland Oil and Gas swings to annual profit

Falkland Oil and Gas swung from a loss to a profit in 2012 as the company secured major farm-out agreements and made commercial discoveries. Profit for the year came to $1.1m compared to a loss of $6.6m the previous year, while cash balances jumped to £174m from $45m. Results were boosted by sig

STOCKS NEWS EUROPE-UK small caps off 0.2 pct at mid-session

UK small caps fall 0.2 percent, faring slightly better than their mid-cap and blue-chip counterparts, both off 0.5 percent. Shares in JD Sport Fashion fall 4.3 percent as the British retailer post a 20 percent fall in full-year profit, hit by operating losses from its Blacks Leisure acquis

Falkland Oil and Gas completes 3D seismic

Falkland Oil and Gas has completed a 3D seismic survey over the Cretaceous Diomedia fan complex in the South Falklands basin. A total of 5,235 sq km seismic data was acquired at the licence, a joint venture with Edison International Spa, as part of a survey operated by Noble Energy. The company s

UPDATE 1-Falkland Islanders vote overwhelmingly to keep British rule

* Results show 99.8 percent want British rule to continue * Argentina has ratcheted up pressure for sovereignty talks * Oil and gas finds have heightened diplomatic tension * Buenos Aires dismisses referendum as illegal, irrelevant By Marcos Brindicci and Juan BustamanteRead more