LGO.L Share News (LGO)

Leni Gas & Oil reports further success at Goudron

Leni Gas & Oil on Thursday announced the successful drilling on the GY-666 well at Trinidad's Goudron, which has an indicated 394 feet of net oil pay. This consists of the previously announced 185 feet in the Goudron sandstone and a further 209 feet in Gros Morne sandstone. Chief Executive Neil R

Leni Gas & Oil Finds Oil In Gros Morne Sandstones At GY-666 Well

ALLNEWSBLOG: One Year On - Alliance News By The Numbers

Leni Gas & Oil Finds Oil In Goudron Sandstones At GY-666 Well

UK MORNING BRIEFING: London Shares Firm Ahead Of Carney Testimony

Leni Gas & Oil starts third well at Goudron

AIM-listed exploration group Leni Gas & Oil said the third of its Goudron development wells in Trinidad, GY-666, was successfully drilled. The well, which is part of the 30-well redevelopment programme, is expected to test the Goudron, Gros Morne and Lower Cruse sandstones, all of which are known

Leni Gas & Oil Starts Third Well At Goudron, Predicts Strong Production

LONDON (Alliance News) - Leni Gas & Oil PLC Tuesday said the third of its development wells at the Goudron field in Trinidad was successfully started on Monday and is now being drilled, and it is expecting higher output than it achieved in the first of the redevelopment wells it drilled at the si

UK MORNING BRIEFING: Whitbread Leads FTSE 100 On Strong Quarter

LONDON (Alliance News) - UK shares have opened higher Tuesday, encouraged by a positive close on Wall Street on Monday and ahead of UK inflation data.

Whitbread leads FTSE 100 gainers, as it said its Premier Inn hotels and Costa Coffee shops continued their strong s

Leni Gas & Oil gives another positive update on Goudron

Leni Gas & Oil on Wednesday reported that analysis on its GY-665 well at the Goudron site in Trinidad has indicated the presence of a total of 526 feet of net oil pay. Once cementing work on the well has been completed, the Well Services Rig 20 will be prepared for its move to the next well, which

Leni Gas & Oil Confirms Net Oil Regions In GY-665 Well

LONDON (Alliance News) - Leni Gas & Oil PLC Wednesday said that analysis of the electric logs run to total depth in its GY-665 well at Trinidad's Goudron Field have shown the presence of 526 feet of net oil pay. The oil and gas exploration and development company said the analysis showed 27

MARKET COMMENT: UK Stocks Close Mixed; Lloyds, Babcock Down

LONDON (Alliance News) - The FTSE 100 ended slightly higher Monday, while its mid-cap peer index lost ground, in a subdued session that had little in the way of economic or major corporate news to drive it.

The corporate news that there was for blue-chip stocks was mainly negative,

UK MIDDAY BRIEFING: Lloyds Prices TSB IPO Below Book Value

LONDON (Alliance News) - Lloyds Banking Group Monday set the price range of the initial public offering of TSB Banking Group PLC on the London Stock Exchange at between 220 pence to 290 pence per share, which would value the spun-off retail bank at about GBP1.28 billion at the

UK WINNERS & LOSERS: Lloyds Among Big Losers In FTSE 100

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
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Capita, up 1.7%. Numis Securities has upgraded Capita to Buy, from Hold, and increased its pric

Leni Gas & Oil delivers positive result at Goudron

Shares in Leni Gas & Oil (LGO) jumped by almost a third on Monday morning after it revealed that its GY-665 well at the Goudron field in Trinidad has intersected 687 feet of oil bearing sands at its primary target. LGO said it is confident that the net pay will be comparable to the GY-664, which in

UK MORNING BRIEFING: Firm Open As Lloyds Sets TSB Price Range

LONDON (Alliance News) - UK shares have opened fractionally higher Monday following rising markets in Asia and a higher close on Wall Street on Friday. China reported strong trade figures for May on Sunday, lending Monday a positive tone.

Lloyds Banking will price t