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Faroe Petroleum Plc News

Det norske drills dry oil well in Norwegian Arctic
8 Apr 2013

Det norske drills dry oil well in Norwegian Arctic

OSLO, April 8 (Reuters) - OSLO, April 8 (Reuters) - Det Norske Oljeselskap ASA has drilled a dry well at the Darwin prospect in the Norwegian part of ...

Faroe Petroleum's North Uist well falls short of expectations
5 Apr 2013

Faroe Petroleum's North Uist well falls short of expectations

Faroe Petroleum's Chief Executive Graham Stewart said on Friday he had hoped for a 'better quality reservoir' at the North Uist exploration well as it...

Wednesday broker round-up UPDATE
27 Mar 2013

Wednesday broker round-up UPDATE

Amara Mining: Westhouse Securities lowers target price from 124p to 110p, while reiterating a buy recommendation. Ashtead: Canaccord Genuity ups targ...

Full-year revenue almost doubles at Faroe Petroleum
26 Mar 2013

Full-year revenue almost doubles at Faroe Petroleum

Revenue almost doubled in the year ended December 31st at AIM-listed independent oil and gas exploration company Faroe Petroleum underpinned by the ef...

Friday broker round-up UPDATE
22 Mar 2013

Friday broker round-up UPDATE

Afren: Nomura shifts target price from 175p to 180p keeping a neutral rating. ASOS: Nomura increases target price from 2000p to 2630p, while reiterat...

Thursday broker round-up UPDATE
14 Mar 2013

Thursday broker round-up UPDATE

Amara Mining: After having been under review, Cantor Fitzgerald reinitiates coverage with a price target of 81p and a buy recommendation. Antofagasta...

Monday broker round-up UPDATE
4 Mar 2013

Monday broker round-up UPDATE

Aggreko: JP Morgan takes target price from 1845p to 1870p, while reiterating a neutral rating. Anglo American: Nomura reduces target price from 1800p...

Faroe Petroleum shares rise on acquisitions in Norway and UK
28 Feb 2013

Faroe Petroleum shares rise on acquisitions in Norway and UK

Oil and gas company Faroe Petroleum has acquired new interests in prospects in the Norwegian Sea and UK Central North Sea. The group said it purchase...