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Faroe Petroleum Plc News

Faroe Petroleum commences production at Statoil-operated Hyme oil field
26 Feb 2013

Faroe Petroleum commences production at Statoil-operated Hyme oil field

Independent oil and gas company Faroe Petroleum has commenced production on the Statoil-operated Hyme oil field in the southern part of the Norwegian ...

Small Hyme oilfield begins producing a month early -Statoil
25 Feb 2013

Small Hyme oilfield begins producing a month early -Statoil

OSLO, Feb 25 (Reuters) - Output at the modest Hyme field offshore Norway has begun a month earlier than expected, operator Statoil said on Monday. Hym...

Faroe Petroleum: Gas condensate confirmed at Rodriguez well
31 Jan 2013

Faroe Petroleum: Gas condensate confirmed at Rodriguez well

Independent oil and gas company Faroe Petroleum has confirmed a significant gas condensate discovery at its Rodriguez exploration well, an operational...

Wintershall finds gas in Norwegian Sea
31 Jan 2013

Wintershall finds gas in Norwegian Sea

OSLO, Jan 31 (Reuters) - Wintershall, owned by Germany's BASF, has discovered gas and condensate about four kilometres northeast of the Tyrihans field...

Thursday broker round-up UPDATE
31 Jan 2013

Thursday broker round-up UPDATE

Aberdeen Asset Management: Bank of America ups target price from 400p to 425p maintaining a neutral rating. Afren: JP Morgan lowers target price from...

Wednesday broker round-up UPDATE
23 Jan 2013

Wednesday broker round-up UPDATE

Aberdeen Asset Management: Societe Generale downgrades to hold, while its target price of 375p is not altered. Amara Mining: Investec reduces target ...

Thursday broker round-up UPDATE
17 Jan 2013

Thursday broker round-up UPDATE

African Barrick Gold: Westhouse Securities reduces target price from 335p to 305p, while its sell recommendation is unchanged. Anglo American: Exane ...

Faroe Petroleum 2012 production within expections
16 Jan 2013

Faroe Petroleum 2012 production within expections

Faroe Petroleum, an independent oil and gas company, has said that total average economic production for 2012 was around 7,200 barrels of oil equivale...