PCI.L Share News (PCI)

Petroceltic International raises 2014 guidance and reassures about gas prices

Europe- and North Africa-focused oil and gas group Petroceltic International has raised its production guidance for 2014 and reassured that most of its output is tied to fixed-price gas contracts. On of AIM's largest exploration, development and production companies, Dublin-headquartered Petroceltic

UPDATE 1-Petroceltic sharpens production focus as oil prices slump

(Adds analyst comment, details, background, share movement) Jan 15 (Reuters) - Irish oil producer Petroceltic International Plc said it would focus on improving volumes and costs at its core production assets and take a step back from certain exploration projects as oil prices remain weak.

Petroceltic Restricts Exploration And Warns Of Write Downs Of Assets

Worldview Demands Answers From Petroceltic On Agnew Role

UPDATE: Worldview Warns Of Further Legal Action If Petroceltic Delays Meeting

Petroceltic Organising Meeting As Worldview Seeks To Oust CEO

Sunday newspaper round-up: BP, Sainsbury, Premier Foods

BP will shed middle managers and put projects on hold as it deals with the falling price of oil, the Sunday Times reported. Finance Director Brian Gilvary told the paper headcounts were falling across all operations and that it would cut the estimated price of oil it uses for budgeting. Gilvary said

Petroceltic chief increases holding after Dragon Oil walks away from potential bid

Brian O'Cathain, the chief executive officer of Petroceltic, made a show of faith in the oil group on Monday after learning that Dragon Oil was no longer planning to make an offer for the company. O'Cathain, who took up his role in 2007, spent £123,512 purchasing 106,660 shares at 115.8p, taking his

Dragon Oil pulls the plug on Petroceltic takeover

Ireland-based oil producer Dragon Oil has decided not to proceed with its proposed takeover of sector peer Petroceltic due to weak market conditions. "Dragon Oil now confirms that, in the light of prevailing market conditions, it no longer intends to make an offer for Petroceltic," the company said

Thursday broker round-up UPDATE

Amec: UBS cuts target price from 1185p to 1150p, while its buy recommendation remains unchanged. Afren: Liberum Capital cuts target price from 121p to 95p and stays with its hold recommendation. Antofagasta: Canaccord cuts target price from 790p to 760p and reiterates a hold recommendation. Associ

Dragon Increases Production And Is Still In Talks With Petroceltic

Sundays tips round-up: Carnival, Petroceltic, Brewin Dolphin, WYG

The Questor column in The Telegraph has rated cruise operator Carnival as a 'sell' on the back of concerns about the spread of Ebola which have sparked a recent sell-off across the travel sector. The Ebola fears "could not come at a worse time" for Carnival, the paper's John Ficenec writes. Up until

Tuesday broker round-up UPDATE

African Minerals: Canaccord Genuity lowers target price from 20p to 15p with a hold recommendation. Aggreko: Exane initiates with a target price of 1500p and an underperform rating. Amec: Liberum Capital cuts target price from 1035p to 908p staying with its sell recommendation. Antofagasta: Canacc

London midday: UK stocks rise despite weak economic data

Weak economic data from Germany and the wider Eurozone failed to deter bullish investors on Monday as UK stocks continued to bounce off a 10-month low reached last week. London's FTSE 100, spurred by gains in the banking, airline and supermarket sectors, was trading nearly 0.4% higher at 6,550 by mi

UK MIDDAY BRIEFING: Tesco Bolsters Board With Experienced Retailers