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LONDON (Alliance News) - Max Petroleum PLC Wednesday said it has achieved successful drill results from its final test well in its current appraisal drilling programme at the Sagiz West Field and named a new chief operating officer. The oil and gas company with operations in Kazakhstan said
Read moreLONDON (Alliance News) - Max Petroleum PLC Tuesday announced successful drilling results from its SAGW-13 well in the Sagiz West Field. The oil and gas company with operations in Kazakhstan said the well reached a depth of 1,577 metres and electric logs indicated a six metre space of net oi
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Explorer Max Petroleum has struck oil in a well in its Sagiz West field in Kazakhstan. Max said the SAGW-13 well had found six metres of net oil pay with fair quality reservoirs. The company also found indications of another 26 metres of reservoir lower down in the well, but there was more water s
Read moreOil & gas explorer Max Petroleum has struck oil in a well in Kazakhstan. Max said it had found 16 metres of net oil pay in the SAGW-10 well in the Sagiz West field. The company added that reservoir quality was very good and it was setting production casing in the well to begin testing "as soon as
Read moreLONDON (Alliance News) - Max Petroleum PLC Friday announced successful drilling and results from its SAGW-10 well in the Sagiz West Field. The oil and gas company with operations in Kazakhstan said the well reached a depth of 1,400 metres with electric logs indicating 16 metres of net oil p
Read moreLONDON (Alliance News) - Shares have opened mixed in London Friday, with blue-chips lagging mid- and small-caps despite Anglo American and Coca Cola HBC both reporting swings to profit in 2013. Anglo American is up 1.7% at the open, while Coca Cola HBC is down
Read moreLONDON (Alliance News) - Max Petroleum PLC Tuesday said it has increased its reserves at the Sagiz West field following a Competent Person's Report by Ryder Scott Company LLC. The oil and gas company with operations in Kazakhstan said its collective proved and probable reserves increased 40
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The FTSE Small Cap index and junior-listed AIM shares shed 0.1 percent and 0.4 percent respectively, outperforming the broader market, with the mid-caps off 1 percent and the blue chips 1.5 percent lower. Max Petroleum, an oil and gas company focused on Kazakhstan, drops 21 percent after sa
Read moreLONDON (Alliance News) - The FTSE 100 is set to post its worst January performance for five years after the global equities sell-off resumed Friday amid further concerns about slowing growth in emerging markets and some poor corporate reports in Europe and the US.
The main London in
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS Imperial Tobacco Group, up 2.5%. The tobacco giant is the leading gainer in the FTSE 100 after Goldman Sachs raised it to Con
Read moreKazakhstan-focused oil and gas group Max Petroleum shares slumped more than 17 per cent on Friday morning after it reported that negotiations with prospective partners over potential financing had terminated. The news came as it announced the implementation of a "significant" cost cutting initiativ
Read moreLONDON (Alliance News) - Max Petroleum PLC Friday saw its shares slide sharply after it said it has started implementing a significant cost cutting drive that will last throughout 2014 and beyond as it shifts to being a producer rather than explorer, and said it will only report a modest reserve
Read moreThe FTSE small cap index rises 0.3 percent, ahead of the junior-listed AIM shares, which falls 0.3 percent, and the blue chips FTSE 100, up 0.1 percent. Shanta Gold closes 2.1 percent higher after a production update that confirmed 2014 guidance and revealed costs that were 5 percent lower
Read moreLONDON (Alliance News) - Royal Dutch Shell Monday said it will sell its interests in the Australian Wheatstone gas projects in a USD1.14 billion deal, just a trading day after Friday's profit warning that caused its shares to tumble.
The stock is again near the bot
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 - LOSERS
Royal Bank of Scotland, down 2.2%, and Barclays, down 1.2
