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Faroe Petroleum Plc News

Resource stocks round-up: Stellar, Bowleven, Ithaca ...
26 Mar 2012

Resource stocks round-up: Stellar, Bowleven, Ithaca ...

West Africa-focused Stellar Diamonds said it had discovered a significant maiden diamond resource at its Tongo Kimberlite Dyke Project in Sierra Leone...

Faroe can't 'get it on' with T-Rex or Bolan
7 Mar 2012

Faroe can't 'get it on' with T-Rex or Bolan

It's one of the classic problems faced by the oil and gas industry. A company will know hydrocarbons are present in their licence area, the question i...

Friday broker round-up - UPDATE
2 Mar 2012

Friday broker round-up - UPDATE

Man Group: UBS raises target from 160p to 165p, buy rating unchanged. WPP: UBS ups target from 840p to 920p, buy rating kept. Standard Chartered: Al...

Kalvklumpen failure for Faroe Petroleum
13 Feb 2012

Kalvklumpen failure for Faroe Petroleum

Faroe Petroleum has failed to find any hydrocarbons at its 20%-owned Kalvklumpen prospect in the Norwegian North Sea. The company says the data acqui...

Faroe Petroleum wins seven exploration licences
18 Jan 2012

Faroe Petroleum wins seven exploration licences

Faroe Petroleum, an independent oil and gas company, has been offered seven new prospective exploration licences on the Norwegian Continental Shelf un...

Faroe starts drilling on Kalvklumpen prospect
11 Jan 2012

Faroe starts drilling on Kalvklumpen prospect

Faroe Petroleum, an independent oil and gas company, has begun drilling on the Kalvklumpen Prospect, located in the Norwegian North Sea. The Kalvkl...

Wednesday broker round-up - UPDATE
11 Jan 2012

Wednesday broker round-up - UPDATE

Unilever: Bank of America Merrill Lynch downgrades to underweight from neutral. Aggreko: Credit Suisse downgrades to neutral from outperform. Capit...

BP man has a dip
23 Dec 2011

BP man has a dip

Brendan Nelson, a non-executive director of BP and a chairman of the firm's audit committee, has dipped his hand into his pocket and bought just under...