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LONDON (Dow Jones)--Independent Resources PLC (IRG.LN), a company engaged in the appraisal and development of a number of integrated oil and gas related projects, said Tuesday the exploration well Oryx-1 was spudded Monday. MAIN FACTS: -Well is situated on the Ksar Hadada Permit lying onshor
Read moreLONDON (Dow Jones)--Independent Resources PLC (IRG.LN), a U.K. oil and gas company, said Wednesday it has conditionally raised GBP2.6 million before expenses through a placing of 4,263,000 ordinary shares of at 60 pence per share. MAIN FACTS: -The shares have been conditionally placed by Sey
Read moreLONDON (Dow Jones)--Independent Resources PLC (IRG.LN), said Tuesday that it has had excellent gas quality and water manageability results from Fiume Bruna 2 well testing MAIN FACTS: -Confirms fairway in the deeper basin -Significant Resource upgrade -Positive resource implications f
Read moreIndependent Resources rose after the group said it looks like the drawn out environmental assessment process for its underground gas storage facility at Rivara in the Po Valley, Italy, is nearing a conclusion. There was also a reduction in the full-year loss before tax to £85,476 from £127,836. In
Read moreLONDON (Dow Jones)--Independent Resources PLC (IRG.LN), an oil and gas company, said Wednesday pretax losses widened by 23% in the six months ended Mar. 31, however it expects to start a two-well drilling and testing program at the Ksar Hadada block in Tunisia in late June or early July. MAIN FA
Read moreProperty services group Veris posted a pre-tax loss of €6.7m versus the €4.8m profit last year due to the €11.3m write off of assts in the Moving and Storage division. Turnover grew by 29% in the year to €84.3m. "We anticipate that any new business wins in the short term will be offset to a greater
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