AIM-listed Kea Petroleum shares jumped after it began drilling at Puka-3 in New Zealand. The oil and gas company is targeting the Mount Messenger formation sands at about 1,580m true vertical depth. The drilling of Puka-3 is a major component of phase 1 of the farm-out agreement with MEO New Zeal
Read moreNew Zealand-focused oil and gas group Kea Petroleum has secured a rig to begin spudding its Puka-3 well. Kea's stock jumped by over a tenth on the announcement that site preparations are taking place and the well is expected to spud in late July. Drilling of Puka-3 is said to be an "important comp
Read moreLONDON (Alliance News) - Kea Petroleum PLC Wednesday said it has completed the workover part of its phase 1 farm-out agreement with MEO Australia Ltd on the PEP51153 licence, located onshore in Taranaki in New Zealand. The New Zealand-focused oil and gas company said all of the funding nece
Read moreRightmove's Chairman Scott Forbes has offloaded nearly a half of a holding in the property website group, selling over seven million pounds in shares. Forbes, who has been in his current role since 2005, sold 300,000 shares at an average price of 2,350.81p each, raising a total of £7.05m. Followin
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