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27 May 2014 11:37

DIRECTOR DEALINGS: Kea Petroleum Directors Issued Shares

LONDON (Alliance News) - Kea Petroleum PLC Tuesday said a group of directors including Chairman Ian Gowrie-Smith were issued shares under the company's Overseas Employee Share Benefit Scheme.

Details are as follows.

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23 May 2014 13:58

Kea Petroleum To Meet Funding Obligations With New Financing Deal

LONDON (Alliance News) - Kea Petroleum PLC Friday said it has agreed a deal to issue up to GBP2.0 million of convertible loan notes to Darwin Strategic Ltd, meaning the company can meet its funding obligations under a recent farm-in agreement. The proceeds of the issue will be used to fund

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2 May 2014 11:20

Kea Petroleum Granted Approval For Puka Site Deal With MEO Australia

LONDON (Alliance News) - Kea Petroleum PLC Friday said that approval has been granted for the company to transfer a 30% participating interest in petroleum exploration permit PEP51153 licence, located onshore in Taranaki in New Zealand, to MEO Australia Ltd. Kea said PEP51153 contains the P

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22 Apr 2014 07:13

Kea Petroleum Appoints Managing Director For New Zealand

LONDON (Alliance News) - Kea Petroleum PLC said Tuesday it has appointed Dr Ian Brown as Managing Director of the company's operating subsidiaries in New Zealand. Brown will begin in the role May 1, 2014, he replaces outgoing Managing Director Richard Parkes, who leaves the firm on May 15.<

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7 Apr 2014 09:54

Kea Petroleum Signs Deal With MEO Australia For Puka Site Interest

LONDON (Alliance News) - Kea Petroleum PLC Monday said it has signed a deal with MEO Australia Ltd, to provide a stake in the PEP 51153 licence, which includes its Puka Discovery, in New Zealand. The oil and gas exploration and development company said it has now agreed to a NZD14 million s

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7 Apr 2014 07:59

Kea Petroleum farms out Puka interest in New Zealand

New Zealand-focused Kea Petroleum has signed an agreement with MEO Australia to farm-out an interest in the PEP 51153 permit, which holds the Puka discovery. PEP 51153 covers an area of 104.4 square kilometre situated onshore along the eastern margin of the Taranaki Basin, New Zealand's prolific hy

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3 Apr 2014 11:33

UK MIDDAY BRIEFING: Kingfisher To Acquire French Retailer Mr Bricolage

LONDON (Alliance News) - Europe's largest home improvement retailer Kingfisher saw its shares rise Thursday after saying it is in exclusive negotiations to acquire French home improvement retail chain Mr Bricolage for an overall enterprise vale of around EUR275 million.
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3 Apr 2014 10:08

UK WINNERS & LOSERS: Toumaz Leads AIM As Chairman, CEO Buy Shares

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.

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FTSE 100 - WINNERS

Tullow Oil, up 4.9%. UBS has upgraded Tullow to Buy from Neutral. Following a sharp fall

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3 Apr 2014 09:51

Kea Petroleum Says Darwin Strategic To Convert Notes To Shares

LONDON (Alliance News) - Kea Petroleum PLC Thursday said Darwin Strategic Ltd is to convert GBP200,000 of its convertible loan notes into shares. The New Zealand-focused oil and gas company said Darwin Strategic is converting the loan notes at 1.952975 pence per share. About 10.2 mill

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31 Mar 2014 12:50

REPEAT: UK MIDDAY BRIEFING: Babcock JV Wins GBP7 Billion Nuclear Contract

LONDON (Alliance News) - Babcock International Group is leading the FTSE 100 higher Monday after its Cavendish Fluor Partnership joint venture was selected as the preferred bidder for a GBP7 billion nuclear plant decommissioning contract.

The joint venture with Fluo

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31 Mar 2014 12:45

UK MIDDAY BRIEFING: Babcock JV Wins GBP7 Billion Nuclear Contract

LONDON (Alliance News) - Babcock International Group is leading the FTSE 100 higher Monday after its Cavendish Fluor Partnership joint venture was selected as the preferred bidder for a GBP7 billion nuclear plant decommissioning contract.

The joint venture with Flou

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31 Mar 2014 10:35

UK WINNERS & LOSERS: Babcock Leads FTSE 100 Risers; Insurers Rebound

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.

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FTSE 100 - WINNERS

Babcock International Group, up 3.5%. The company said its Cavendish Fluor Partnership has

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31 Mar 2014 08:53

Kea Petroleum Reaches Commercial Deal On Puka Site Farm-Out

LONDON (Alliance News) - Kea Petroleum PLC Monday said it has reached a commercial agreement on the proposed farm-out of interest in its PEP 51153 site, which includes the Puka discovery, in New Zealand. The oil and gas exploration and development company said the documents giving effect to

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28 Feb 2014 17:02

Kea Petroleum Shares Close Up 19% As Pretax Loss Narrows

LONDON (Alliance News) - Shares in Kea Petroleum closed up 19% Friday as it posted a narrowed pretax loss due to rising revenue in the half year ended November 30, 2013. The New Zealand based oil and gas exploration company posted a pretax loss of GBP1.1 million, narrowed from a pretax loss

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11 Feb 2014 11:55

Kea Petroleum Looks To Seal PEP51153 Licence Deal During Quarter

LONDON (Alliance News) - Kea Petroleum PLC Tuesday said the process of its heads of agreement for the PEP51153 licence, including the Puka discovery, is in final due diligence, and conclusion of the deal is expected during the first quarter 2014. The New Zealand-focused oil and gas company

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